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Monday, 22 September 2014

1 lakh, and counting: TCS is now top employer of women

MUMBAI: In a landmark for India Inc, the number of female employees at Tata Consultancy Services (TCS) has crossed the one-lakh mark, making it the country's biggest employer of women in the private sector. Women now comprise one-third of the IT major's 3.06 lakh workforce. This makes TCS, also the most valued company in India, one of the top employers of women in the technology sector globally. The top slot is held by IBM, which has an estimated 1.3 lakh women out of a workforce of 4.31 lakh.

In terms of market cap, the next two players in the domestic IT market are Infosys (54,537 women employees) and Wipro (45,276) but the female workforce of TCS is more than the two combined. The IT and BPO sector collectively employs about 3.1 million, of which nearly one million are women, according to industry body Nasscom.

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