Hired over 20,000 employees in US in last 5 years: TCS' Milind Lakkad

America accounted for 52.2 per cent of TCS' Rs 1,56,949 crore revenue in 2019-20, while 30.6 per cent revenue came from Europe

India's largest software services firm Tata Consultancy Services (TCS) has hired over 20,000 employees in the US over the last five years, which has reduced its work visa dependency and de-risked business significantly.

The Mumbai-based company, in its 2019-20 annual report, said it has accelerated its localisation programmes.

"Our delivery model has evolved over the last few years. Our Location Independent Agile promotes systematic collaboration across distributed teams and reduces the need for co-location.

"This, coupled with greater use of managed services contracting models have given us more flexibility around where our teams are based," TCS Executive Vice President and