CMC (company)
CMC Limited is an information technology services, consulting and software company having its headquarters in New Delhi, India. CMC is part of the TATA Group and is owned by Tata Consultancy Services. CMC was incorporated on 26 December 1975, as the 'Computer Management Corporation Private Limited'. The Government of India held 100 per cent of the equity share capital and owned by government of India. On 19 August 1977, it was converted into a public limited company. In October 2001, CMC was privatized by the Government of India, in a sale to India-based Tata Consultancy Services (TCS), the largest software services company in Asia. It also features on top ten companies in India.
History
During the year 1978,India, CMC took over the maintenance of IBM installations at over 800 around India and subsequently, maintenance of computers supplied by other foreign players.
CMC anticipated the market demand for IT system improvements in 1980 and directed its efforts to respond to the government's activities and needs for such services. 'Project Interact' (International Education and Research for Applications of Computer Technology), a United Nations project involving design, development and systems-engineering, computer-based systems applications in the areas of power distribution, railway freight operations management and meteorology transitioned the company from a hardware maintenance company to a broad IT solutions provider.