India's largest software services firm Tata Consultancy Services (TCS) on Wednesday announced it will recruit 1,500 technology employees across the United Kingdom over the next year. The announcement followed Monday's meeting, where they addressed the company's commitment to continue investing in the UK economy, innovation, technology, and skills growth. The meeting was held in Mumbai between visiting UK Trade Secretary Liz Truss and TCS CEO, and Rajesh Gopinathan.

Reacting to the development, shares of TCS on Wednesday closed @ Rs. 3,217.65  per share, up by Rs. 40.75 or 1.28 percent from its previous closing on the NSE

Tata Consultancy Services  is one of the UK's largest recruiters of IT talent. It has expanded almost four-fold organically in the UK over the last decade, making it one of the nation's largest providers of IT and IT-enabled services. At the end of FY20, the company's revenue from the UK sector amounted to around GBP 2.7 billion.

Rajesh Gopinathan, Chief Executive Officer and Managing Director, TCS said: "This development builds on the great work TCS is delivering to our UK customers. Our sustained investments have made TCS the preferred growth and transformation partner of our valued customers in the UK, allowing them to digitally transform their business for competitive growth."

By partnering with some of the UK's largest corporations in their growth and transformation initiatives and helping them harness the power of emerging technologies to launch new innovative products and services, TCS has been an integral part of the UK economy's initiatives to remain globally competitive, TCS said in a statement.

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