TCS Share Price in Focus; To Transition Best Buy India GCC into AI Capability Center

Tata Consultancy Services (TCS) and Best Buy have agreed to transition the US retailer’s Global Capability Center (GCC) in India to TCS. The arrangement will bring Best Buy’s India team into TCS while keeping the existing business and technology knowledge within the setup.  

The center will gradually move towards an AI-native model under a multi-year agreement. TCS plans to combine the team’s retail and enterprise experience with its own technology, engineering and AI capabilities.  

Best Buy India Team to Move to TCS 

As part of the transition, Best Buy India employees will join TCS’s global organisation. Their existing knowledge of Best Buy’s business and technology will continue to support the retailer, while employees will also get access to TCS’s learning, innovation and AI ecosystem.  

The center will work on redesigning workflows and developing AI-powered experiences and solutions as it moves towards the new model. 

TCS to Build AI-Focused Retail Capabilities 

Krishnan Ramanujam, President, Consumer Business Group, TCS, said combining Best Buy’s technology talent with TCS’s retail expertise, AI and engineering capabilities will create an AI-native capability engine aligned with the retailer’s priorities. 

He also said the partnership could create a repeatable value platform that may have applications across the wider retail industry.  

Best Buy Highlights Employee Opportunities 

Ahrey Smith, Vice President of Technology Strategy and Transformation, Best Buy, said the India team has been important to the company’s priorities and that Best Buy wanted a partner that understood both the business and the team. 

Smith added that TCS brings technology and AI capabilities that can build on the team’s existing strengths, while giving employees opportunities to continue learning and developing their careers.  

Read More: Infosys Share Price in Focus; Extends Strategic Collaboration with ABN AMRO! 

TCS Share Price Performance  

As of 01 October 2026, Tata Consultancy Services share price closed at ₹2,075.90 per share, reflecting a surge of 1.23% from the previous trading session. 

Conclusion 

The Best Buy agreement adds another GCC transition to TCS’s AI-focused work. For Best Buy’s India team, the arrangement also brings its existing retail and technology expertise into TCS’s wider global organisation while the center takes on a new AI-led role. 

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