Tata Consultancy Services Ltd. has secured a significant ₹122.6 crore contract to implement the next phase of Odisha's digital governance platform, extending its partnership with the state government by around six years. According to Business Standard, the project involves building OSWAS 3.0, the next generation of the Odisha State Workflow Automation System, which will be powered by TCS' DigiBOLT platform. The new platform will combine workflow automation, system integration, analytics, security and artificial intelligence capabilities on a common digital foundation, building on the existing OSWAS system that has been operational since 2009. As per TCS regulatory filing, OSWAS has replaced paper-based filing processes and manual follow-ups with a more transparent and efficient digital process, supporting more than 4,600 government offices and nearly 50,000 users statewide. The system is designed to support digital file processing, electronic approvals, real-time tracking and access to government records.
TCS shares were trading at ₹2,260 on the BSE, down 0.50% from the previous close, as reported by Business Standard. The stock has shown mixed performance over different timeframes, falling 6% over the past month and 10% in the past six months. From the beginning of the year, TCS shares have declined nearly 30%, with shares having hit a 52-week high of ₹3,350 on February 3, 2026, and a 52-week low of ₹1,976.80 on July 1, 2026. According to NSE data, as of September 8, 2026, TCS has a total market capitalisation of ₹8.21 lakh crore. The company reported a consolidated net profit of ₹13,349 crore for Q1 FY27, down 2.7% from ₹13,718 crore in Q4 FY26, while revenue from operations rose 2.2% sequentially to ₹72,275 crore.
The latest version of OSWAS will introduce significant technological upgrades including microservices-based architecture, AI-enabled functions, mobile-first design and support for the Odia language. As reported by Business Standard, OSWAS 3.0 will also integrate with other government systems and provide real-time workflow tracking capabilities. Sushil Jain, head of Public Services India at TCS, stated that OSWAS 3.0 will build on the strong digital foundation with a more secure, scalable and mobile-first platform. The upgraded platform will give government departments a common digital workplace, allowing officials to process files and approvals digitally and track workflows in real time. "Odisha has been ahead of the curve in using technology to make governance more efficient and transparent," Jain emphasized, adding that the platform will empower officials to work with greater speed and visibility, strengthen accountability, and enable a more connected and responsive administration across the state.
Odisha's move towards paperless administration began in 2009 when TCS introduced OSWAS 1.0 to digitise file processing and official correspondence within the state secretariat. According to Business Standard, OSWAS 2.0 was introduced in 2018, bringing a technology upgrade and expanding the platform to directorates, districts and corporations. Vishal Kumar Dev, Additional Chief Secretary to the Government of Odisha's Electronics and Information Technology Department, stated that OSWAS has "evolved into the digital backbone" of the state government, enabling "seamless, transparent, and paperless governance." The latest version will use artificial intelligence, security, interoperability and web accessibility to reduce routine administrative work and support decision-making.
TCS' work with the Odisha government extends beyond OSWAS 3.0 to include multiple critical systems. As reported by Business Standard, the company's portfolio includes the Odisha Birth and Death Registration System, the Integrated Financial Management System, digital solutions supporting Mission Shakti's Women Self Help Group Interest-Subvention processes, and the Odisha Judicial Workflow Automation System for the High Court of Orissa. TCS said OSWAS 3.0 would form part of its broader work with state governments on digital administration, alongside platforms and initiatives in Rajasthan, Tamil Nadu and Gujarat. The company's comprehensive approach demonstrates its commitment to transforming government operations across multiple states through integrated digital solutions.
TCS Interactive President Kamal Bhadada outlined the company's strategic approach to combining strategy, product design, engineering and insights through an AI-led approach. As reported by Essential Business Intelligence, Bhadada emphasized that the London studio is at the heart of a global network of hybrid talent connecting UK clients to global capabilities. The facility aims to help clients unlock new growth opportunities by orchestrating strategy, product design, engineering, and insights with an AI-led approach. The studio launch comes at a time when demand for AI-enabled services is at an all-time high and AI is reshaping how content is created, enabling clients to engage with TCS' studio team to turn concepts into scalable business outcomes at speed with multidisciplinary AI-led capabilities.
