IT services major, Tata Consultancy Services (TCS), on Friday said it will create 5,000 new jobs across the United Kingdom (UK) over the next three years. The company also launched an Artificial Intelligence (AI) Experience Zone and Design Studio in London.
TCS has been a leading technology partner to UK enterprises for over 50 years, leading digital transformation and supporting talent development. It has also created employment in the country, supporting around 42,000 jobs directly and indirectly.
The AI Experience Zone and London Design Studio is the second-biggest design hub. A similar hub was opened in New York in September. These design hubs are similar to its flagship PacePort facility, which plays a key role in fostering innovation and client collaboration across the UK, said the company.
Jason Stockwood, UK minister for investment, said: “I was delighted to visit the TCS campus in Mumbai to see their technological innovation first-hand. Now, as we celebrate a landmark Prime Ministerial visit to India, we have reaffirmed the pledge between our two economies to maximise on the trade deal we signed in July. As a valued investor for the UK, Tata Group and its companies like TCS are central to this mission, which ultimately will create jobs, put money in people’s pockets, and deliver economic growth across both countries.”
During a visit to TCS’ Banyan Park campus in Mumbai on Thursday with UK Prime Minister Keir Starmer’s business delegation, Stockwood joined TCS leadership to launch a report by Oxford Economics detailing TCS’ contribution to the UK economy.
The report found that in the financial year 2024 (FY24), TCS contributed GBP (Great Britain Pound) 3.3 billion to the UK economy. It supported over £780 million worth of tax contribution to the UK Exchequer, equivalent to the salaries of over 20,400 teachers.
The company added that its ongoing investment strategy in the UK focuses on several key areas: Expanding delivery capabilities, fostering innovation through research and development, and enhancing talent ecosystem.
