In 2024, the spending in the information technology sector across India was above 112.55 billion U.S. dollars. It was projected that in 2024, the IT spending of India would reach more than 124.6 billion dollars. The IT-BPM industry contributed about 7.5 percent to the GDP of the nation.
The figures are sufficient to demonstrate the significant influence of IT services in India. The country's IT business is fiercely competitive, flying to new heights, and has made indelible imprints in various sub-fields.
India's information technology (IT) sector is expected to rise to USD 227 billion in FY22, with a 15.5 percent growth rate. Given this scenario, there’s no wonder why the IT job market is flooded with aspirants and entry-level technicians. If you’re someone looking for the top IT companies in India to apply for, look no further. The following article covers the leading IT/software companies in the country. We’ll also discuss the top 15+ IT companies in India with impressive work ethics and environment.
List of Top IT Companies in India
Here is a list of best IT companies in India:
- TATA Consultancy Service
- Infosys Pvt Ltd
- HCL Technologies
- Wipro
- Larsen & Toubro Infotech Ltd (LTI)
- Tech Mahindra Ltd.
- Oracle Financial Services
- Persistent System
- Mphasis
- KPIT Tech
- Microsoft
- Cognizant
- Google
- Cisco Systems, Inc.
- Accenture
- IBM
- Capgemini
- Hewlett Packard Enterprise (HPE)
- Intel
- Redington
Top 20 IT Companies in India in 2024
1. TATA Consultancy Services
Current CEO | K Krithivasan |
Headquarters | Mumbai, Maharashtra, India |
Founded on | April 1, 1968 |
Employs | 616,000 worldwide |
Market cap in the IT sector | 1,401,953.60 Cr INR |
The Tata Group established TCS in 1968 as Tata Computer Systems. It is the highest-ranking Indian firm, rating 64th in Forbes World's Most Innovative Companies.
TCS is headquartered in Mumbai and employs most of its workers in its Chennai campus. It employs over 500K people worldwide, most Indian residents. IT consultancy and IT services are among the top services provided by the organization. In recent news, TCS was recognized as one of the World’s Most Admired Companies by FORTUNE® Magazine for the second consecutive year. According to the BrandFinanceTM Global 500 brand survey for 2024, TCS's brand value increased by 11.5% from the previous year, reaching $19.2 billion.
2. Infosys Pvt Ltd
Founded | 1981 |
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Employees | 343,234 |
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Avg Hourly Rate | >$25/hr |
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Trading Symbol | INFY |
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Location | India, USA, Denmark |
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Core business | Information Technology (IT) Services and IT consulting |
Market cap | 587,119.45 crore INR |
Infosys was founded in 1981 in Bengaluru, Karnataka, by NR Narayana Murthy and a group of professionals. Over 259K people worldwide are working under it. Well-known for its gender diversity, more than 36 percent of Infosys' workers are women.
The firm offers one-of-a-kind solutions to all clients via software development, business process outsourcing, and business process consultation.
3. HCL Technologies
CEO | C Vijayakumar |
Headquarters | Noida, Uttar Pradesh, India |
Founded on | 1976 |
revenue | Rs. 76,306 crores |
Avg Hourly Rate: | $25 – $49/hr |
Trading Symbol: | HCLTECH |
Employees | 224,756 |
Market cap | 400,889.74 Crore INR |
HCL Technologies is an Indian multinational firm that offers information technology consulting and services. Its headquarter is located in Noida. HCL Tech, which began as a part of HCL Enterprise in 1946, became an independent firm in 1991, the same year it joined the software services market.
It employs about 168K people, most of whom are Indian. HCL offers a wide range of services, including application development, systems integration, business process outsourcing, engineering, and R&D.
4. Wipro
Founded | 1945 |
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Employees | 1.97 million |
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Avg Hourly Rate | $25 – $49/hr |
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Trading Symbol | WIPRO |
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Location in India | Bengaluru, Karnataka |
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Current market cap | 234,270.14 Crore INR |
Mohamed Premji founded Wipro Limited in 1945 as a supplier of information technology, business process outsourcing, and consulting services. Its headquarter is situated in Bengaluru, Karnataka, one of India's top employment producers, hiring many college graduates each year.
Wipro was divided into two different firms in 2016: Wipro Limited, a publicly listed corporation, and Wipro Enterprise, a privately owned company. The corporation employs a total of 1.97 million individuals throughout the world.
5. Larsen & Toubro Infotech Ltd (LTI)
Founded | 1996 |
CEO | Debashis Chatterjee |
Headquarter | Mumbai |
Market cap | 138,096.54 Crore INR |
Since its inception 20 years ago, the Larsen and Toubro group has been a part of the IT sector. LTI is a global technology consulting and digital solutions firm that has helped more than 360 clients succeed in an increasingly interconnected environment.
LTI's Mosaic platform, which is already active in 30 countries, enables organizations to accelerate their digital transformation by allowing social, analytics, IoT, mobile, and cloud journeys.
6. Tech Mahindra Ltd.
Founded | 1986 |
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Employees | 125K people globally |
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Avg Hourly Rate | >$25/hr |
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Trading Symbol | TECHM |
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Location | India, USA, UK, Germany, France, China, Australia, Japan, Switzerland, Brazil, and Italy |
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Market Cap | 116,800.78 Crore INR |
Tech Mahindra Ltd. is a Mahindra Group business that offers IT and BPO services such as consulting and outsourcing. It was founded in 1986 as a technology outsourcing joint venture between Mahindra & Mahindra and British Telecom.
The company, based in Pune, employs over 125K people globally. It offers services in 100 countries and encourages environmental awareness by restricting single-use plastics on all of its campuses worldwide. Tech Mahindra is also a market leader in IT services.
7. Oracle Financial Services
Founded in | 1989 |
Market cap | 68,104.14 Crore INR |
Employees | 8,818 |
Oracle Financial Services Software Ltd was established in 1989 as a part of Oracle Global (Mauritius) Limited. They specialize in creating financial software, making custom applications, offering consulting services, managing IT infrastructure, and providing outsourced business processing services primarily to the financial services sector.
The company makes most of its money from two main sources: the products division, previously known as BPD (Banking Products Division), and PrimeSourcing.
8. Persistent System
Started in | 1986 |
CEO | Anand Deshpande |
Current CEO | Sandeep Kalra |
Employees | 23,000+ |
current market cap | 59,359.18 Crore INR |
operating income | ₹1,724 crore (FY 2024) |
Persistent Systems is an Indian technology services company headquartered in Pune. They mainly concentrate on important aspects like cloud computing, the Internet of Things (IoT), and Artificial Intelligence (AI). They have a big team of over 23,000 industry and tech experts spread across 15 countries.
9. Mphasis
Founders | Jerry Rao and Jeroen Tas |
Market cap | 43,581.29 Crore INR |
Employees | 33,771 |
Mphasis mainly works in various sectors like banking, capital markets, insurance, healthcare, life sciences, manufacturing, retail, and logistics. Apart from these areas, it also focuses on providing technology outsourcing services and applications for infrastructure.
10. KPIT Tech
CEO | Kishor Patil |
Headquarters | Pune, Maharashtra, India |
Employees | 21,815 |
Founded | January 28, 1990 |
Market Cap (Rs Lakh Crore) | 0.391 |
KPIT Tech company offers IT consulting, services to businesses in the automotive, manufacturing, product engineering solutions, energy, and utilities sectors.
11. Microsoft
CEO | Satya Nadella |
Headquarters | Redmond, Washington (USA), Hyderabad, Telangana |
Employees | 180K globally |
Founded in | 1975 |
Microsoft, one of the world's largest organizations, lands at #1 in almost every IT company ranking and is, without a doubt, one of India's biggest IT companies. Its headquarters are in Redmond, Washington (USA), and it has over 180K employees globally, with more than half of them based in the United States.
The corporation was founded in 1975 by Bill Gates and Paul Allen. Its products, notably Microsoft Office, Windows, and the Internet Explorer search window, have been used at least once by almost every professional and dominate the market. The Indian headquarter is situated in Hyderabad, Telangana.
12. Cognizant
Founded | 1994 |
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Employees | 3.3 Lakh People globally |
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Avg Hourly Rate | >$25/hr |
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Trading Symbol | CTSH |
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Location | India, USA, Europe, Asia Pacific |
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Cognizant is a prominent provider of IT services that assist clients in adapting their current business, operating, and technical models to the quickly evolving advanced technology. The company was started in 1994 by Kumar Mahadeva and Francisco D'Souza and is headquartered in New Jersey, USA.
Cognizant offers outsourcing, information technology, and business consulting services and employs over 3.3 lakh people globally.
13. Google
CEO | Sundar Pichai |
founded | 1998 |
Headquarters | Mumbai, Maharashtra |
Employs | 1.4 million individuals globally |
Google was founded in 1998 by Larry Page and Sergey Binn and is headquartered in California, USA and offers a wide range of services and products, including online advertising, a search engine, software, cloud computing, and hardware.
Google has acquired several companies and organizations over the years and is now one of the five tech behemoths, including Facebook, Microsoft, Amazon, and Apple. It employs around 1.4 million individuals globally, and the Indian headquarters is situated in Mumbai, Maharashtra.
14. Cisco Systems, Inc.
CEO | Chuck Robbins |
Founded | 1984 |
Headquarters | Bengaluru, Karnataka |
Employs | around 80,000 people globally |
Cisco Systems is a tech giant headquartered in Silicon Valley, California, founded in 1984 by Leonard Bosack and Sandy Lerner. The Indian headquarter is situated in Bengaluru, Karnataka.
Cisco offers high-tech services and products such as networking software and hardware and telecommunications equipment and employs around 80,000 people globally.
With a market capitalization of USD 194.94 billion, it is the world's largest networking and communication equipment company and one of India's major IT service providers.
15. Accenture
Founded | 1989 |
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Employees | 5.3 million |
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Avg Hourly Rate | $100 – $149/hr |
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Trading Symbol | ACN |
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Location | India, Ireland, Africa, Asia Pacific, Europe, Middle East, USA, & UK |
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Accenture is an Irish multinational firm headquartered in Dublin, Ireland, founded in 1989 by Clarence DeLany. It began as a technology and business consulting division of the accounting company Andersen Consulting.
Today, it is an information technology firm that specializes in business processes and consulting and employs around 5.3 million employees worldwide, with 1.5 million based in India. Moreover, it is a Fortune 500 company with 91 Fortune Global 100 clients.
16. IBM
Founded | 1911 |
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Employees | 10,000+ |
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Avg Hourly Rate | $50 – $99/hr |
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Trading Symbol | IBM |
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Location | India, USA, UK, Africa |
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International Business Machines (IBM), a New York-based American multinational corporation, is the next name on its best IT businesses list.
It provides a wide variety of IT services and software products and is constantly expanding to meet the needs of current and future clients. Moreover, it has the largest workforce, with approximately 3.45 million people worldwide.
17. Capgemini
Founded | 1967 |
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Employees | 10,000+ |
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Avg Hourly Rate | $100 – $149/hr |
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Trading Symbol | N/A |
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Location | India, France, USA |
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Capgemini, a French IT business with headquarters in Paris, is one of the world's most recognised labels and leading IT firms with operations in more than 50 countries.
Sergio Kampf founded Capgemini in 1967 in Grenoble, France, which offers consultation, outsourced services, and professional services and is driven ahead by its 3 million employees worldwide. The headquarter of Capgemini in India is in Pune, Maharashtra.
18. Hewlett Packard Enterprise (HPE)
Founded | 1939 |
Headquarters | Bangalore |
Employs | 60,000 people globally |
Hewlett Packard Enterprise is a multinational IT enterprise headquartered in Houston, Texas (USA) and enables its customers to remain resilient and proactive in a changing environment.
Bill Hewlett and David Packard founded Hewlett-Packard in 1939, which eventually split into two firms, HP Enterprise and HP Inc., in 2015. The enterprise offers IT services and solutions that support various IT services, including Aruba Networks, Nimble Storage, Cloudline, etc.
It employs around 60,000 people globally, and its headquarters is located in Bangalore.
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19. Intel
CEO | Patrick P. Gelsinger |
Headquarters | Santa Clara, California |
Employees | 124,800 |
Market Cap | $134.75 Billion |
Intel was established in 1967 by Gordon Moore and Robert Noyce as NM Electronics. It is a multinational technology company and the world's largest maker of semiconductor chips. Intel also exports microprocessors to prestigious clients like HP, Lenovo, and Dell.
20. Redington
CEO | Ramesh Natarajan |
Founded | 1993 |
Market cap | $1.98 Billion |
Employees | 4,025+ |
Redington began operations in 1993 and has since gone on an astonishing and thrilling journey to become India's renowned IT firm. It's a company that grew from a single brand, product category, and market to become a $6.7 billion distribution and supply chain solutions provider for over 220 international brands in the IT and mobility sectors. Redington now has a presence in more than 30 developing markets.
Here are the top IT companies quick look:
Rank & IT Company | Market Cap (Rs Lakh Crore)
| Employee Headcount (Approx) |
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#1 Tata Consultancy Service | 14.25 | 6,00,000 |
#2 Infosys | 6.09 | 3,36,294 |
#3 HCL Technologies | 4.09 | 2,25,944 |
#4 Wipro Limited | 2.39 | 2,40,000 |
#5 LTIMindtree Ltd. | 1.42 | 82,000 |
#6 Tech Mahindra Ltd. | 1.19 | 1,52,400 |
#7 Oracle Fin Serv | 0.697 | 8,001 |
#8 Persistent | 0.606 | 22,500 |
#9 MphasiS Ltd. | 0.452 | 29,473 |
#10 KPIT Tech | 0.391 | 21,815 |
Source: forbesindia
Best IT Companies to Work in India
When choosing a company to work for, there are numerous aspects to consider. First, and most importantly, you need to work with an organization most suited to your requirements.
Given below are some features the top IT companies in India offer:
- Many IT companies in India are popular among employers because they value their employees and ensure a work-life balance.
- IT businesses have mushroomed in recent years, particularly in India, but only a handful can provide their workers with a long-term careers. That is why individuals choose to go with well-known companies. Being linked with a brand assures you that you are on the right track in your career and provides job security. However, it's crucial to become a master of your field to land jobs at the highest-paying IT companies in India. A Data Science course, Software Testing Certification, PMI PMP certification, or any other relevant credential is important to achieve.
- Colleagues are the individuals you spend the majority of your time at work with. In addition, a well-coordinated and understanding crew is essential for a successful project.
- One of the top five reasons individuals stay with a company is its employee-friendly leave policy and other regulations.
Still confused about which IT company to work with within India? Here is the ultimate list. The details mentioned below will help you choose the top IT company in India as well.
- TCS: TCS has over 500,000 employees and holds the lowest attrition rate among similar Indian IT firms. Moreover, between April and December of 2021, the firm claims to have promoted over 110,000 of its employees. Moreover, in fiscal year 22, it employed a record number of first-year students and expected to hire an additional 90,000 in fiscal year 23.
- Wipro Technologies: Wipro provides a healthy work-life balance. Employees appreciate the organization's leave policy and Transparency. Working at Wipro is appealing because of the company's enviable reputation and the helpful staff.
- Tech Mahindra: Work-life balance is successfully managed at Tech Mahindra, and thus it has a strong market impact in India and globally. Coworkers here inspire each other to strive harder, do their best and achieve success. They further ensure the new team members fit in seamlessly. Moreover, Tech Mahindra allows flexibility in work schedules. As a result, employees may choose from numerous shifts.
- Accenture: Accenture hires entry, mid, and high-level applicants, allowing people with various experiences and skills to collaborate. The atmosphere is pleasant, which encourages employees to collaborate in a learning setting.
- HCL Technologies: Work-life balance is one of the top reasons workers choose HCL. According to HCL workers, their brand identity opens doors to new prospects and adds value to their professional careers. In addition, the workplace is a pleasant place to work, along with flexible hours on hand.
- Larsen & Toubro (L&T): Apart from a good work-life balance, L&T allows its employees to learn throughout their journey. As a result, workers get opportunities to grow, which is why Larsen & Toubro is becoming one of the top choices of IT enthusiasts.
- Infosys Technologies: With its tremendous popularity, Infosys has become one of the leading firms making workers rush at the offer. The work atmosphere at Infosys is well-known for being filled with encouragement, self-drive and teamwork. It provides the optimal training to enrich each employee's job profile, facilitating smooth project execution. In addition, the organisation offers product training and helps workers understand the basics.
- Cognizant Technology Solutions, Inc: Cognizant fosters a culture of service excellence and strong ethical standards. It encourages people to choose occupations that align with their passions. Base pay, full benefits, and an annual bonus are part of the company's competitive compensation package.
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Avenues for Growth
The IT sector is continuously growing and expanding, creating more job roles and profiles for tech enthusiasts. From cloud computing to web development, India is home to some of the leading IT companies, or at the least have offices located for Indian IT aspirants to land high-paying jobs. Top IT companies in India such as Infosys, TCS, Wipro, and Tech Mahindra are constantly on the lookout for skilled professionals in various domains.
Competency plays a major role in getting hired by such branded IT labels. Thus, having relevant experience via a Cloud Computing course for cloud development and so on is imperative.
You can even pursue a Full-stack Development course with placement