List of IT Companies in India
The IT industry is huge in India, accounting for 7 percent of the nation’s gross domestic product (GDP) according to NASSCOM. This is up from 1.2 percent in 1998. The Indian IT industry is a massive job creator and employs 10 million people in the country, either directly or indirectly. It is one of the engines that drive the Indian economy.
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Here, we have a made a list of IT companies in India for you. For want of space, this list of IT companies in India has only the 10 biggest companies – as measured by their market capitalization or the number of IT personnel on their payrolls. You are probably very familiar with most of the names on this list.
TCS
TCS or the Tata Consultancy Services is not just the biggest IT company in India, but one of the top 5 IT and outsourcing companies in the world. TCS is a part of India’s largest conglomerate, the Tata Group of Companies, and was actually established way back in 1968. It has its headquarters in Mumbai and has its offices in over 40 countries around the world. TCS has a record 325,000 employees on its payroll and offers software services to the Banking, Healthcare, Travel, Telecom, Hospitality and Insurance sectors.
INFOSYS
Infosys is India’s second biggest IT company and has over 195,000 employees on its payroll. Infosys had been on a decline for many years till the appointment of industry veteran, Vishal Sikka, as the CEO changed things around for the company. Infosys grew faster than any other IT company in India in 2015. Infosys offers the following services -Management Consulting, Software Testing, Business Process Outsourcing, Engineering Services, Business Applications and more.
WIPRO
Wipro is the third biggest IT company in India, which was started by Azim Premji, who is today one of the richest men in the world. Wipro offers services across the breadth of the IT sector including Cloud Management Service, Data Integration, Human Resource Outsourcing, Testing Service and more. Wipro clients include some of the biggest names in Manufacturing, Automotive, Banking, Transportation and Retail in the world.
HCL TECHNOLOGIES
HCL Technologies is India’s fourth biggest IT company and the #1 challenger to the hegemony of the top three IT companies. HCL is headquartered in Noida and has offices in over 25 countries around the world. HCL offers services such as Network Services, Cloud Computing, Business Process Outsourcing, Testing Services etc. HCL serves some of the biggest names in the public sector, Telecom, Electronics, Retail, Manufacturing and more.
TECH MAHINDRA
Tech Mahindra is India’s fastest growing IT company that was founded in 1986 and serves more than 50 countries around the world. Tech Mahindra offers services such as Software Testing, Web Content Management, Network Services, Business Applications, and more. Tech Mahindra serves some of the biggest names in Hospitality, Banking, Telecom, Insurance and Retail.
IBM INDIA
IBM needs no introduction – it is the biggest IT company in the world by far. IBM also has a huge operation in India, its biggest outside the United States. IBM hires 150,000 IT personnel across the country.
ACCENTURE
Accenture is an American IT company which has major operations in India, with a headcount of over 200,000 IT personnel in its offices across Bangalore, Hyderabad and Chennai. Accenture is an ambitious company and plans to hire more than 95,000 IT personnel in India in 2016.
COGNIZANT
Cognizant Technology Solutions is another major American multinational corporation which offers custom IT, consulting, and business process outsourcing services and has a major operation in India. In fact, 66% of Cognizant’s 217,000 employees are based in India, which makes it one of the biggest employers in the country.
MINDTREE
Mindtree is a young Indian company that makes the list of the top IT companies in India as well. Mindtree has its headquarters in Bangalore and has operations in more than 10 countries across the world. It serves the Banking, Retail, Manufacturing, Finance, Hospitality, Travel sectors.
ORACLE FINANCIAL SERVICES
Oracle Financial Services is a fast growing IT company owned by Oracle, one of the biggest software companies in the world. With a headcount of 15,000 engineers in India, Oracle Financial Services offers top-rated ERP solutions to businesses in emerging countries.
Finally, while nobody can doubt the contribution of IT and outsourcing to the Indian economy, it does seem that the growth of IT companies in India has stagnated a bit because of their failure to respond actively to the new business models in the industry. The future of Indian IT companies depends and their ability to provide more end to end technological solutions to customers across the business spectrum.