TATA Hugged Huggies! India’s TCS gets $100 mln deal from US firm – source

Tata Consultancy Services Ltd. is going up and up just after winning the contract of Qantas Airline last week has bagged new $100 million contract from U.S. firm Kimberly-Clark Corp.

Dallas-based Kimberly-Clark, which makes Huggies diapers and Kleenex tissues, joins a rapidly growing number of foreign firms that outsource design work, supply chain management and payroll processing to India.

NEW DELHI, Nov 14 (Reuters) – Top Indian software services firm, Tata Consultancy Services Ltd. (TCS.BO: Quote, Profile, Research), has won a $100 million contract from Kimberly-Clark Corp. (KMB.N: Quote, Profile, Research), a source close to the deal told Reuters on Tuesday, boosting its stock.

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  1. This is gud news.. it shows India is still strong and ahead in the IT… and we have jobs :-))
    But, I feel these companies should also try and get R&D projects to india… for R& D to be successful, they shud incult right attitude in people… IT jobs shudn’t jsut mean onsite for people.

  2. @Vin

    India is very strong in IT/ITES sector no doubt about it, but need to keep this pace to give tough competition to China.

  3. this is a great news that indian companies are getting such profligate contracts.
    Kimberly-Clark should also give funds to the company to sponsor various health related activities specially in field of neonatology with famous organization hospitals etc to advertise and increase indian markeing of such product.

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