Edited sentence: Among the largest employers in the private sector with over 80,000 employees, of which over 9 % are non-Indian - multi-cultural global organization.Built a strong relationships based on technological expertise, business understanding and service excellence.Clients are considering Tier I Indian companies (including TCS) for mega deals (with decision cycle time of 8 to 12 months).Clients are demanding delivery excellence from distributed business units using uniform processes globally to deliver a high quality of service.Clients are more comfortable to partner with large global players with scale and with uniform high quality and security processes across the enterprise.Created a knowledge capital culminating meaningful experiences, understanding of pertinent industry issues and challenges.Creates different business models to address changing requirements.Focus on alliances, strategic investments and joint ventures.Getting big clients in consultancy, who can help plough back the investments, will take years.Global IT service and consulting companies are expanding operations in India.Global Network Delivery Model, giving unparalleled execution capabilities across the world.Good on technology & solution however not many are aware about solution centric success stories.In-depth understanding of various industry verticals enabling TCS to provide innovative solutions.Increased competitive pressures including higher costs as a result of wage inflation due to the intense competition for skilled human resources.Increasing acceptance of outsourcing as a relevant business strategy.Increasing customer demand for consultants is forcing Company to invest increasingly higher amounts in equipment, facilities and training of its personnel.Invests in creating new competencies in emerging areas through its R&D laboratories and centers of excellence.Low brand recall in global markets.Not many clients are aware that Tier 1 Indian vendors are of the same size as leading US-based firms like $1.2 billion Keene or Perot Systems.Only service  provider from   India  with  an  integrated  service  offering  across  the   entire engineering  value  cycle.Penetrating markets outside US like Europe or Japan is difficult.Pricing pressures due to heightened competition from global and Indian IT companies.Proactive hedging policy to mitigate foreign exchange risk.Risk of Foreign Exchange Translation losses.Significant and growing world-wide enabling it to compete with global IT companies in all markets for large engagements.TCS' global delivery capabilities include onsite, near-shore and off-shore options, giving clients the flexibility to choose the model that best meets their needs.The risk of one or more geographic markets collapsing because of unforeseen general macro-economic factors and political turmoil