US-based MNCs which were operating in India were told to shut shop[dubious – discuss] [failed verification] and ship out.

'Project Interact' (International Education and Research for Applications of Computer Technology), a United Nations project involving design, development, and systems-engineering of 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.

[citation needed] CMC later expanded its services to systems integration, interfacing, installation, commissioning, software development, as well as education and training.

It went on to become a huge success, eventually deployed all over India, serving over half a million transactions every single day and cutting wait times for passengers drastically.

In 1992, the Indian government divested 16.69 per cent of CMC's equity to the General Insurance Corporation of India and its subsidiaries who, in turn, sold part of their stake to the public in 1996.

In 2003, in line with its strategy of offering its products and services globally, CMC opened a branch office in Dubai to tap the hitherto unexplored markets of West Asia and Africa.