Tata Consultancy Services (TCS) has announced the incorporation of a regional headquarters in Riyadh, Saudi Arabia, through an investment of approximately 1.65 million Saudi Riyals (about ₹4 crore). The new entity, named Tata Consultancy Services Regional Headquarters, was formally incorporated on 18 January 2026 as a wholly owned subsidiary. Complying With Local Requirements Saudi Arabia’s Regional Headquarters (RHQ) Program requires multinational companies to maintain a licensed RHQ in the capital to participate in government and semi-government project bidding. Establishing such an entity enables firms like TCS to qualify for public tenders and deepen business engagements within the Kingdom. Strategic Business Implications The incorporation of the Riyadh HQ aligns with Saudi Vision 2030, which aims to attract foreign direct investment, localise decision-making, and strengthen long-term commitments by global firms. For TCS, this move facilitates closer proximity to key Saudi clients, faster decision cycles, and enhanced credibility when pursuing large-scale IT, digital, and consulting contracts within the region. TCS’s Global Footprint Expansion TCS, an Indian multinational technology services and consulting firm, already operates in numerous countries around the world. The Saudi RHQ adds another strategic location to its global operations, positioning the company to expand its footprint in the Middle East and… Read MoreBusiness Archives – Trak.in – Indian Business of Tech, Mobile & Startups
