TCS crosses $20 billion in brand value, only the second IT services company to reach the milestone

India's biggest IT services company, Tata Consultancy Services (TCS) has achieved a milestone by hitting a valuation of $21.3 billion, or about Rs 1.84 lakh crore. This makes it only the second IT services company in the world to cross the $20 billion mark.

This is as per the Brand Finance IT Services 2025 rankings, marking an 11 per cent growth in brand value over the last one year. TCS's achievement sounds even more impressive when you consider that the company has grown by more than 800 per cent in the last 15 years.

The Brand Finance rankings also found India's HCL Tech the fastest-growing IT services company in the world, growing 17 per cent and hitting a valuation of $8.9 billion.

"We are delighted to see our brand cross this major landmark and cement its position in the top tier of our industry," said Abhinav Kumar, CMO, TCS. "Our brand is known globally for being a leader in innovation, the ability to deliver the most complex technology work in the world, and in creating long-term partnerships of value with our clients."

A statement released by TCS attributed the company's global growth to “sustained investments in innovation, customer satisfaction and strategic marketing initiatives.”

Accenture remains the world's biggest IT Services Company at a valuation of more than 40 billion dollars.