With the advent of new technologies and trends, the IT industry in India has become one of the strongest pillars of the country’s growth over the last few years. You will be surprised to know that The IT (Information Technology) and BPM (Business Process Management) industry contributes to 9.3% of India’s GDP.
All credit goes to strong governmental assistance, an English-medium educational system, a large pool of talent, and the open market for making the IT industry so popular and powerful. In the upcoming years, there is a high chance that the IT industry could become one of the strongest driving forces of modern India.
There are thousands and thousands of IT companies in India. However, not every company is the same and delivers excellent services. In this blog, we have listed the top 10 Indian IT companies that are known for their services and fame in the competitive industry.
However, before we dive deeper, let’s understand the meaning and purpose of an IT company.
IT, short for information technology is the branch of computer science that uses the latest technologies to create, save, retrieve, exchange, and structure all kinds of data and information. The companies providing IT services are known as IT companies.
The role of an IT company is to use the best devices and technologies to create, store, retrieve, and send data. The IT industry has the power to transform users’ dreams into reality and cater to all their needs and requirements.
Let’s find out India’s top 10 IT companies that are recognized worldwide.
| SR.No. | Company Name | Sector |
|---|---|---|
| 1 | Tata Consultancy Services | Consultancy |
| 2 | Infosys | Consultancy and outsourcing services |
| 3 | HCL Technologies | Consultancy in various sectors |
| 4 | WIPRO | Consultancy |
| 5 | Redington Limited | Consultancy, Logistics, and Supply Chain |
| 6 | Mindtree Ltd | Technology and Consultancy |
| 7 | Mphasis Limited | Financial services and Logistics |
| 8 | Larsen and Toubro Infotech Limited | Consultancy and Digital Solutions |
| 9 | Tech Mahindra | Consultancy and Outsourcing |
| 10 | Hexaware Technologies | Consultancy and Outsourcing |
Undoubtedly, the first spot goes to one of the best and largest IT companies in India—TCS. TCS, short for Tata Consultancy Services is a Mumbai-based IT company founded by J. R. D. Tata in the year 1968. Apart from India, this multinational IT company operates in different parts of the world, including Australia, North America, Europe, and Africa to name a few.
Currently, there are more than 600,000 employees working in the company, making TCS one of the largest private-sector companies in India.
That’s not all!
TCS also ranks in the second position based on market capitalization and is one of the world’s most valuable brands. From banking to retail, education, insurance, and manufacturing, the company provides the best IT services to a vast variety of businesses. Some of the IT services provided by the company include cyber security, cloud, data and analytics, and a lot more.
| Revenue | 167,827 |
| Employees | 420,000 |
| Return on Equity | 35.98% |
| Net Profit | 38,187 |
The second most popular name on the list of top 10 Indian IT companies is Infosys which needs no introduction. Founded in the year 1981 by multiple creative minds, Infosys is a Bangalore-based IT company serving worldwide.
The company has won many accomplishments. For instance, it was in the year 2020 when Infosys was ranked No. 1 in the HFS Top 10 Agile Software Development.
Furthermore, Infosys has been ranked as the 3rd Best Regarded Company in the World by Forbes in 2019.
Blockchain, data analytics, and cyber security are some of the IT services provided by Infosys. Be it aerospace, agriculture, automotive, education, and healthcare, the company serves industries from different niches.
| Revenue | 107,164 |
| Employees | 228,000 |
| Return on Equity | 23.50% |
| Net Profit | 21,235 |
Another name on the list is HCL technologies. HCL, short for Hindustan Computers Limited is an Indian multinational IT company headquartered in Noida. The company was founded by Shiv Nadar in the year 1976.
The company provides a vast array of IT services, including supply chain management, cyber security, hybrid cloud, data, and analytics.
Whether you want to kickstart your career in the IT industry or want to grow your business, the company offers unlimited opportunities to help you grow and shine. Serving industries like banking, healthcare, insurance, manufacturing, and many more.
| Revenue | 41,518 |
| Employees | 187,000 |
| Return on Equity | 25.76% |
| Net Profit | 10,874 |
Wipro is another Indian multinational company popularly known for providing IT, consulting, and business process services. The company was founded by Muhammed Hashim Premji in the year 1945. The headquarters of the company is located in “The Silicon Valley of India”: Bangalore.
Currently, the company operates in multiple locations across the globe, including India, America, Africa, and Europe. You can approach Wipro for a different range of services like cloud, consulting, cybersecurity, sustainability, and other IT services.
Whether education, banking, insurance, or retail, the company offers the best IT services to different industries.
| Revenue | 64,280 |
| Employees | 160,000 |
| Return on Equity | 17.26% |
| Net Profit | 12,135.30 |
Redington Limited is a leading IT technology solutions provider serving India, Singapore, the Middle East, and Africa. It is one of the most recognized Indian IT companies famous worldwide.
The company deals in different sectors, including information technology, mobility, telecom, cloud, and solar verticals. The company is committed to enabling a seamless flow of products and services using a robust technology-powered platform.
From a wealth of experience to in-depth knowledge, and a professional team, the company has everything to cater to the needs and requirements of the customers.
| Revenue | 27506.47 |
| Employees | 4000 |
| Return on Equity | 15.00% |
| Net Profit | 935.07 |
Founded in 1999, Mindtree Ltd is a famous Bangalore-based Indian multinational information technology services and consulting company. The company deals in blockchain, digital marketing, product engineering, data & intelligence, cloud, and many other IT services.
From health to education, communications, insurance, and retail, the company offers unparalleled services to different industries worldwide. The company operates in other regions of the world like America, India, Europe, Africa, and many more.
Professionalism, high customer satisfaction, quality services, and an experienced team are some of the main factors that make this IT company stand out from others.
| Revenue | 10.832.40 |
| Employees | 21,000 |
| Return on Equity | 24.94% |
| Net Profit | 1652.80 |
Mphasis Limited is another well-known company that is among the top 10 IT companies in India. The Bangalore-based company was founded in 1998 by Jerry Rao and Jeroen Tas. The company mainly deals in 4 major categories: Application Services, Digital, Cloud, and Modernization.
Furthermore, the company primarily serves banking-capital markets, insurance, hi-tech sectors, and other industries.
If you want to make your business a global success, look no further than Mphasis Limited.
| Revenue | 7512.77 |
| Employees | 22,000 |
| Return on Equity | 19.96% |
| Net Profit | 1235.25 |
Also commonly known as L&T, Larsen & Toubro Ltd is an Indian multinational company that deals in different sectors like information technology, engineering, construction, and financial services.
You will be surprised to know that this Mumbai-based company is one of the top construction companies in the world.
Larsen & Toubro Infotech Limited is a subsidiary of Larsen & Toubro providing high-end IT services like cloud, consulting, agile, application management, and a lot more.
The company serves banking, insurance, energy, and other sectors.
| Revenue | 104,613.06 |
| Employees | 337,994 |
| Return on Equity | 34.63% |
| Net Profit | 7879.45 |
Founded by Anand Mahindra in the year 1986, Tech Mahindra is another big company providing high-quality IT solutions ranging from cloud to artificial intelligence, business process services, data analytics, and many more.
The Pune-based company serves industries like communications, banking, healthcare, retail, and many more. Tech Mahindra has established itself as a giant brand in the IT world operating in multiple countries like India, China, Australia, Hong Kong, and a lot more.
| Revenue | 36,248 |
| Employees | 125,700 |
| Return on Equity | 21.58% |
| Net Profit | 4913,10 |
Hexaware Technologies is a big IT services and solutions provider having headquarters in Navi Mumbai. The company provides services like business intelligence & analytics services, business process services, digital assurance services, digital IT Ops, digital core transformation, and many more.
Banking, education, insurance, travel, and manufacturing are some of the industries served by Hexaware Technologies.
| Revenue | 971 billion |
| Employees | 24,166 |
| Return on Equity | 21.95% |
| Net Profit | 152.5 Crore |
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