India can be third pillar of growth with US, UK: TCS CEO K Krithivasan

Emerging markets like India will be very important for the future growth of Tata Consultancy Services and not operating in these markets will be a lost opportunity, chief executive officer K Krithivasan said.

India’s largest software exporter, which reported better than expected revenue growth in the first quarter of this fiscal, is expecting greater clarity on technology spends once the US completes its presidential elections in November and the much-anticipated interest rate cuts by its Federal Reserve kicks in by year end. In an interview with Sameer Ranjan Bakshi and Surabhi Agarwal, the 59-year-old CEO pointed to his company’s deepening engagement with other Tata Group firms. The company recently inked a $ 1 billion partnership with Tata subsidiary – JLR (Jaguar Land Rover). Edited excerpts