Information technology in India plays a vital role in the growth and development of the country. Today India is considered as the largest exporter of IT services and they provide a large contribution to India’s GDP. The government of India encourages many investors across the country so that the IT sector itself can generate 2.5 million direct employments. Based on the NASSCOM Report, IT companies’ revenue from India has grown by 8.3% by an estimated $136 billion in the FY2019. The technological revolution is reshaping the country we live in and lots of innovation is occurring across technologies like cloud computing, artificial intelligence, robotics, machine learning, and virtual reality. This technological advancement will transform every human life. Most of the cities in India like Gurgaon, Bangalore, Pune, Hyderabad, and Chennai are popular due to the presence of IT companies like TCS, Microsoft, Google, Infosys and much more. Here is the list of top 15 IT companies in India who are presently playing a major role in the growth of the Indian economic sector.
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1. Tata Consultancy Service
Tata Consultancy Service is a public sector established in 1968 headquartered in Mumbai. The founder of TCS is JRD Tata and the firm belongs to Tata Group. TCS is the largest IT Company in India based on Revenue. TCS is providing various services in IT, consulting and business solutions across the globe and continuing their journey strongly. Tata is India’s largest multinational business group, they have 420,000 of best-trained consultants in 50 countries. TCS is the largest company in terms of market capitalization.
2. Infosys
Infosys was founded in 1981 and they are one of the global leaders of top IT companies in India. The company’s main aim is to assist clients in the digital transformation of business. They provide special service in IT solutions, software development services, cloud services, AI, blockchain and business applications. Infosys is NYSE listed global consulting company with more than 228,000 employees. They are one of the best IT Companies in India with revenue INR 87371 Cr and with a market capitalization of INR 282,028 Cr.
3. Wipro
Wipro was a company founded in Mumbai in 1945, headquartered at Bangalore. Azim Premji is the Chairman and CEO of the company and they have employees more than 15,0000. The award-winning company has a unique approach to integrating the business into the digital environment. They are focused on design, strategy, and technology. Wipro is an Indian company recognized globally and the firm harnesses the power of robotics, cloud analytics, cognitive computing, hyper-automation and emerging technologies to help clients to easily adapt to the digital world. Wipro has revenue of INR 60,137 Cr and market capital of INR 153043 Cr.
4. Tech Mahindra
Tech Mahindra was founded in 1986 and the founder of the company is Anand Mahindra. The company has it’s headquartered in Pune and they hold more than 95000 employees. Tech Mahindra is a part of the Mahindra group that deliver services for the telecommunication industry, banking, insurance, media, energy, retail, and transportation industries. They practice customer-centric technology and tools providing a highly integrated platform such as SOCIO, UNO, PRISM, CAP, FQCC, and others. They are expertise providing service in various sectors like analytics, enterprise architecture, cloud, customer experience, network service, security and risk management.
5. HCL Technologies
HCL Technologies was founded by Shiv Nadar and the company was established in 1991. HCL Technologies are one of the prominent companies in India that holds more than 95000 employees. The company is headquartered in Noida and they operate in different sectors like banking, consumer good, and healthcare. HCL has offices in 39 countries and they play a significant role in the IT sector. The company has an annual revenue of more than $7.8 billion and they provide service to leading industries like aerospace, defense, capital market, hi-tech, banking, retail, transport, logistics, capital market, and hospitality.
6. Oracle Financial Service
Oracle financial services founded in 1990, presently headquartered in Mumbai are providing services to banks. The total number of employees in the company is above 9000. The company is the subsidiary of Oracle Corporation. The organization holds revenue share of INR 2396 Cr and they are ranked 6th among the top 10 IT companies. They have a huge client basis and the IT firm is engaged in outsourcing. They provide various types of banking software and new-age banking platforms. They offer tailored solutions to various banking systems.
7. Redington India Ltd
Reddington India Ltd established in 1993have traversed an exciting journey to one among the top Indian IR companies. The brand is a supply chain solution provider to more than 220 International brands in India. They provide specialty services in new-age technologies like AI, robotics, big data and analytics, Internet of things and 5g communications. The company has revenue of INR 47996 Cr and market capital of INR 4438 Cr.
8. Larsen & Toubro Infotech Ltd
L&T infotech is a subsidiary of the engineering giant group Larsen & Toubro group. The company was founded in 1997, headquartered in Mumbai having offices in 22 countries worldwide. They provide solutions from SAP to BPO, healthcare, aerospace, automotive, retail and industry machinery. The company has more than 20000 qualified workforces. Their services are classified into core enterprise systems, digital solution and thought partnerships. One of the best IT companies in India has revenue of INR 10014 Cr and market capital of INR 29302 Cr. Through global technology consulting and digital solutions, the company helps more than 360 clients across the globe.
9. Mphasis Ltd
Mphasis is a company incorporated in June 2000 and headquartered in Bangalore. The CEO of the company is Balu Ganesh Ayyar and the IT industry has more than 40000 employees. The company was formed with the merger of Mphasis Corp, the US and BFL software and they have offices around 19 countries worldwide. The company offers services in various sectors including technology, outsourcing, remote infrastructure management, network service, security service, data center, and enterprise solutions. Mphasis architecture and tools have cooperated with strong domain expertise in banking, financial service, and insurance verticals.
10. Mind Tree Ltd
Mind Tree is a global technology consulting and services company established in 1999 and now belongs to Larsen & Toubro group. The company has delivered next-generation technologies to leaders like Honeywell, Purina, The Carlyle Group and GlaxoSmithKline. The company Mid Tree got collaborated with banking, capital markets, retail, transportation and logistics, educations, logistics, and smart devices. The company specialty industry includes infrastructure management, cloud computing, digital commerce, digital marketing, testing, and analytics. The company has revenue of INR 7375 Cr and market capital of INR 11,855 Cr.
11. Polaris Technology
Polaris Technology was founded in 1993 and now headquartered in Chennai. The founders of the company are Arun Jain and Jitin Goyal and the IT firm has more than 10000 employees. With 25 years of expertise, the company is providing services like consulting, corporate banking, insurance, big data, ECMS and financial technology products. They are well-known leaders in global financial technology. The company has branches across 30 countries, 6 international development centers and 8 Indian development centers.
12. Rolta India
Rolta India company was established in 1989 and headquartered in Mumbai. Rolta India is listed in Fortune magazine as one of the top 500 companies in India. Kamal K Singh is the chairman and MD of the company. Presently they have 5000 employees. They are one of the top public IT Companies listed on the Bombay Stock Exchange and they mainly focus on Big Data Analytics, IT Solutions, and Business Intelligence.
13. Hexaware Technologies Ltd
Hexaware is global leaders and fastest-growing next-generation service provider of IT, BPO and consulting services. The company was established in 1990 at Navi Mumbai and they have 35 offices across the globe. The company has 8 delivery centers in Mexico, New Jersey, Mumbai, Chennai, Pune, and Bangalore. With a global workforce of 9000 professionals, they serve more than 219 clients worldwide. The company offers to start to end services integration service in enterprise software such as Oracle, Microsoft, SAP, and PeopleSoft. The IT company revenue is about INR 5306 Cr and holds market capital INR 10,165 Cr.
14. Syntel Limited
Syntel Limited was incorporated in the year 1980 and today they are leading It, service providers, across India. The company provides services such as banking and financial services, telecom, insurance, healthcare, application lifecycle, KPO, enterprise solutions, mobility solutions, cloud, and testing. Due to the customer-friendly approach, the company has gained a loyal global customer base over the years.
15. Genpact India Pvt Ltd
Genpact started their journey in 1997 and later they become an independent company providing IT solutions, consulting and outsourcing services to clients. Pramod Bhasin is the president and CEO of the company. The company has branches in 25 countries globally with a skilled 70000 employee base. They are a professional service firm that makes business transformation real. Genpact, provide various range of service including finance and accounting, enterprise application, supply chain and procurement, insurance, It infrastructure and management.