IT companies in India have a huge contribution to the growth of the economy.
India is at the cusp and one of the fastest-growing economies in the world. Therefore, the country is a good place for IT companies to work and flourish.
India has the highest percentage of youth which makes it a favourable place for IT companies. IT companies refer to all those companies that offer technology as a service in the form of helpdesk, software, etc.
In the IT sector alone, there are 40 lakh employees. And statistically speaking there are lakhs of active IT companies offering an array of services to their customers.
Here are the top 20 IT companies in India that account for offering most of the IT services in India.
Established in 1968, TCS is an IT giant that employs around 440000 employees in India and 45 other nations. It is known for its combination of tech expertise and business intelligence.
It is powered by its large number of employees and satisfied customers. It is one of the biggest employers in India including Indian Railways, Indian Army, etc. Its annual revenue is around $23 billion.
Established in the year 1981, Infosys boasts next-generation digital services. Its core services include information security, consulting, rapid application development, etc.
And it offers them in 46 countries including India. It has revenue of $13 billion and over 239,000 employees.
Wipro was established in 1945 and is the leading national as well as global IT Company.
Wipro is inclined towards emerging technology. The company is all about responsibility, integrity, and respect. Its annual revenue is measured at $9 billion.
Wipro is one of the biggest employers in India and it employs a large number of college graduates every year.
Established in the year 1976, HCL is focussed on assisting and helping customers with could services, product testing, cyber-security, Internet of Things, and application development.
So far, it has reached 44 countries around the world. Its strength lies in innovation and risk-taking. Its total revenue as of 2020 is $10 billion.
It was established in 1986 and is a group of companies that offer IT services in more than 100 countries.
The company believes in sustainability and apart from offering IT services, it has become a supporter of saving the future by choosing to ban single-use plastic from their campuses globally.
The total revenue of the company is $5.3 billion.
6. Info edge
Among IT companies in India Info edge is an amalgamation of creativity and strong entrepreneurship culture. Some common websites include- naukri.com, firstnaukri.com, jeewansathi.com, shiksha.com, etc.
The total revenue of the company is 360.9cr INR.
It is a subsidiary of Larsen and Toubro Limited and offers digital and technology solutions globally.
It was founded in 1997. The services are offered in 32 countries. The company aims at providing the best services by taking extra steps for their customers.
The total revenue of the company is $13 billion.
Oracle Financial Services Software was established in 1990. Head-quartered in Mumbai, it aims to offer IT services to its clients.
The services help financial businesses in building a digital ecosystem to cater to customers and manage/enrich their financial lives.
The solutions that the company provides its customers help to get an in-depth insight into the businesses. This helps businesses in critical decision making and yields positive results.
The company’s revenue is $650 million as of 2018.
9. Mphasis Ltd
Mphasis was established in the year 2000 and is a subsidiary of Hewlett-Packard enterprise.
The major services offered by the company are application development, application integration, architecture guidance, etc.
The total revenue of the company is $1.1 billion.
10. MindTree Ltd
Founded in the year 1999, MindTree limited offers business consulting, enterprise solutions, etc. the company was bought by Larsen and Toubro in June 2019.
Mindtree’s core values are resilience determination and compassion.
The company’s total revenue is $1.1 billion.
NIIT technology changed its name to Cofrorge technology on 5th May 2020. It is a well-known company that offers data and analytics, automation and cloud, etc.
NIIT Technologies was established in 1992 and over the years it became India’s top IT service provider and a multi-national company.
It also offers various courses for students to start a career in the IT sector.
The annual revenue of the company is $122 million.
Founded in 1993, Hexaware Technologies offers services like enterprise solutions, information security, rapid application, etc. It is one of the fastest-growing businesses in the IT sector.
The average revenue is about $793 million.
Persistent Systems was founded in the year 1990 and is headquartered in Pune.
The company offers a digital platform and solutions to its clients.
Apart from that, it also offers software product engineering. The core values showcased by the company are- persistence, confidence, ingeniousness, and responsibility.
As of 2019, the revenue of the company is about $4.81 billion.
14. BirlaSoft Ltd.
It was founded in 1990 headquartered in Pune. The company focuses on its clients by providing services like enterprise and domain services.
BirlaSoft has a mission to help other customers in building and running their businesses. People are their biggest assets and the company strives to be dependable for them.
The revenue is about 914.6cr INR.
15. Redington Ltd.
The company was established in 1993 in order to offer services inclined towards technology for a smooth workflow.
Over the years, it has emerged as a valuable brand. It offers services like robotics, the Internet of Things, data and analytics, etc.
The values that lie at the core of the company are adaptability, collaboration, objectivity, simplicity, transparency, and trust.
The revenue of the company is about $6.7 billion
16. Cyient Ltd.
Cyient was founded in 1991 in Hyderabad. It aims to apply technology while solving the problems of customers.
They help their customers by helping them design, build, operate, and maintain products and services.
The expertise of Cyient in the fields like digital technology and engineering helps the customers deliberately.
The company’s revenue is $570 million.
Founded in 1991, Zensar Technology had the vision to become a leader in business transformation.
The company offers services like enterprise analytics, digital supply chain, digital counselling, and customer experience transformation.
These services offered over several years turned out to be profitable for the company and successfully raiders the revenue to $5.985 billion.
18. eClerx Ltd.
eClerx was founded in March 2000. It globally offers its services to over 500 clients coming from different fields like retail, fashion, travel, Leisure, and high-tech.
The company’s support comes in the form of advisory support, business as usual (BAU), and project-based work.
The company’s divisions include digital, financial markets, and customer operations.
The revenue of the company is around $201 million.
19. Tata Elxsi Ltd.
It came into play in 1989. A subsidiary of TATA, it aims to offer its customer technology consulting, development, healthcare, and consumer electronics.
The revenue is around 1668.27cr INR.
20. Dixon Technologies (India)
It is a home-grown brand founded in 1993 and offers services to a varied clientele. Its various visions aim at establishing business ethics, social responsibility, etc.
The revenue is around 3680.70cr INR.
All the above-mentioned IT companies in India play an important role in employing the country’s youth as well as contributing to 7.7% in the economy.
The Digital revolution has benefitted almost everyone and IT companies were the pioneers in providing digital services to the customers. IT companies in India have provided employment to millions of people across the country.
Startups and firmly established IT companies in India can widen their clientele and be more innovative, thanks to the internet and IT companies that offer services and contribute towards the upliftment of other companies with them.
This is the main reason why the IT sector holds such value and importance among youth all over the world. Without IT companies, the nation, as well as the world, wouldn’t be able to see enormous growth in a short period of time.