TCS Wins Elopak IT Deal, Cautious Hiring- 25,000 Fresher Offers for FY27

Tata Consultancy Services (TCS), India’s largest IT services company, has secured a multi-year strategic IT partnership with Elopak ASA, however, reiterating a cautious hiring stance for FY27 amid a still-evolving global demand environment.

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Under the agreement, TCS will serve as Elopak’s strategic IT partner, leading the transformation and management of its global IT operations.

The engagement is aimed at aligning IT systems more closely with business priorities through a process-centric operating model, improving agility, operational efficiency, and digital experience across the packaging major’s global footprint spanning more than 40 countries.

TCS will leverage its AI-first delivery approach to modernise Elopak’s IT landscape, deploying advanced analytics and automation capabilities. This includes its proprietary Cognix™ suite, built on the company’s Machine First™ philosophy, which is designed to enhance service delivery through intelligent automation and predictive insights.

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The programme will also focus on establishing an integrated service desk and upgrading key enterprise applications as part of Elopak’s broader digital transformation roadmap.

25,000 fresher offers for FY2027

Alongside the deal announcement, TCS addressed hiring expectations for the upcoming fiscal year. Chief Executive Officer and Managing Director K. Krithivasan said the company has made 25,000 fresher offers for FY27, but future hiring will depend on demand clarity.

“We have made 25,000 offers for freshers in FY27. Clarity on demand will lead to more hiring,” Krithivasan said in an interaction with PTI.

The company had hired around 44,000 freshers in FY26, one of the highest recruitment figures among Indian private-sector employers, despite a challenging global macroeconomic environment and cautious IT spending by clients.

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TCS clarified that its hiring model continues to remain flexible, with no structural shift away from fresher intake. However, it acknowledged that lateral hiring remains an important lever for immediate deployment, while freshers typically undergo up to nine months of training before becoming billable resources.

On the business outlook, the company described its deal pipeline as “stable,” while noting early signs of improvement in discretionary demand across sectors and geographies, particularly in cost optimisation and digital transformation projects.

TCS continues to invest in acquisitions, strategic partnerships, and workforce capability building, with an increased focus on AI-led transformation services. The Elopak engagement adds to its growing portfolio of global digital modernization deals as enterprises accelerate technology upgrades.

Overall, the company’s latest deal win underscores steady demand for enterprise IT transformation, even as TCS maintains a measured and demand-linked approach to hiring in the near term.

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