TCS has incorporated a subsidiary in Bhutan, expanding its South Asian presence. The company will deliver localized IT services and modernize the Bank of Bhutan’s digital core using TCS BaNCS™. The move supports Bhutan’s digitization drive, boosts IT infrastructure, and strengthens India-Bhutan economic and technological collaboration.
Tata Consultancy Services (TCS), India’s largest IT services provider, has announced the incorporation of a new subsidiary in Bhutan, marking a strategic expansion into the Himalayan nation. The move strengthens TCS’s presence in South Asia and aligns with its vision of supporting regional digital transformation.
Key Highlights
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Strategic Expansion: The Bhutan subsidiary will enable TCS to deliver localized IT services and consulting solutions tailored to Bhutan’s growing digital ecosystem.
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Banking Partnership: TCS has already partnered with the Bank of Bhutan to modernize its digital core using the TCS BaNCS™ Global Banking Platform, enhancing customer experience and operational efficiency.
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Digital Ecosystem Support: The subsidiary will help integrate banking and public services, supporting Bhutan’s digitization and digital currency initiatives.
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Regional Growth: This incorporation reflects TCS’s broader strategy of deepening its footprint in emerging markets while leveraging its expertise in AI, cloud, and digital platforms.
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Economic Impact: The move is expected to boost Bhutan’s IT infrastructure, create skilled jobs, and strengthen India-Bhutan economic ties.
Why It Matters
TCS’s entry into Bhutan signals a new era of digital collaboration in the region. By combining global expertise with local partnerships, the company is set to play a pivotal role in Bhutan’s modernization journey.
Sources: TCS Press Release, MarketScreener, Economic Times