Fast-paced and expanding, the Indian IT industry reflects the nation’s advanced technology and inovation. Since its founding in the late 20th century, the sector has expanded enormously, ranking India among leaders in IT worldwide. India is home to some of the largest and best IT firms in the world and is now well-known all around for its sophisticated technologies.
Showing India’s top 10 IT companies is the aim of this article: The NSE was trading the stocks of every company as of September 2, 2024, which provided their market capitalization.
Top 10 IT companies in India
Here’s a quick look at India’s top 10 IT powerhouses:
| Rank & IT Comany | Market Cap (Rs Lakh Crore) | Employee Headcount (Approx) |
| #1 Tata Consultancy Service | 16.37 | 614,795 |
| #2 Infosys | 8.13 | 317,240 |
| #3 HCL Technologies | 4.88 | 219,000 |
| #4 Wipro Limited | 2.78 | 234,054 |
| #5 LTIMindtree Ltd. | 1.82 | 81,650 |
| #6 Tech Mahindra Ltd. | 1.61 | 145,455 |
| #7 Oracle Financial Services Software Ltd | 0.94 | 8,754 |
| #8 Persistent Systems Ltd | 0.80 | 23,000 |
| #9 MphasiS Ltd. | 0.58 | 24,518 |
| #10 KPIT Technologies Ltd | 0.48 | 13,253 |
Tata Consulting Services, Inc.
Regarding IT services, consulting, and business solutions, TCS ranks as the largest IT Company in India and among the largest worldwide. Having established themselves in 1968, it is among the first IT firms in India. Thanks to its extensive spectrum of services, TCS has a major impact in many sectors including banking, retail, telecom, and healthcare.
Allied Irish Banks and Great-West Lifeco founded the new company AIB Life. TCS lately teamed up with AIB Life to begin operations in Ireland. Users of the AIM mobile banking app can access other financial services and financial advice on their phones. Its primary insurance tool, TCS BaNCS, helped with this.
Infosys
I Well-known worldwide company Infosys provides modern digital services and guidance. From its founding in 1981, Infosys has been rather central in India’s IT transformation. Infosys provides outsourcing, IT, and business advice. It emphasizes new ideas and environmental friendliness quite a bit.
June 2023 saw Infosys and Danske Bank teaming together to hasten the digital transformation. The agreement is first worth $454 million over 5 years.
HCL Technologies
Modern, worldwide tech company HCL Technologies helps businesses adapt their operations to fit the digital age. Having been around since 1976, HCL employs the Mode 1-2-3 approach to provide a complete spectrum of products, ideas, solutions, and intellectual property (IP).
Rabat, Morocco boasts a brand-new Global Delivery Center for HCL Tech. Customers in areas including software, cloud, artificial intelligence, and digitalization will be assisted by this center with change projects.
Wipro Limited
Focusing on IT, consulting, and business process services, Wipro Limited is among the largest corporations worldwide. Having been around since 1945, Wipro uses cognitive computing, hyper-automation, robots, the cloud, analytics, and other cutting edge technologies to help clients fit into the digital world.
According recent Wipro FullStride Cloud news, to enable clients toward sustainability, Wipro FullStride Cloud has teamed up with Pure Storage, a business providing business data storage alternatives.
LTIMindtree Ltd
Renowned and well-known worldwide company LTIMindtree LTD provides technology advice and solutions. Because of its special mix of size and adaptability, the company stands out from others in its field.
Starting “Fast Forward” for Bluefield integration, LTIMindtree and Schneider-Neureither & Partner (SNP) teamed in June 2023. Fast Forward is a complete lifecycle solution that lets companies keep ERP while rapidly moving to the SAP S/4HANA platform with as least as possible risk.
Tech Mahindra Ltd.
Having been around since 1986, Tech Mahindra is committed to provide linked world of today with innovative, customer-oriented IT solutions. Among the Mahindra Group, this is.
From Gurnani, who left on December 19, 2023, Mohit Joshi assumed over as MD and CEO designate of Tech Mahindra. March 2023 found him named. Joshi was most recently the President of Infosys.
Oracle Financial Services Software Ltd.
Oracle Financial Services first emerged in 1990. Meeting a wide spectrum of IT and business needs, it boasts the most current and complete banking software and technology presence available worldwide.
Recently, a Malaysian bank known as AmBank (M) Berhad signed a contract to sign its technological relationship with Oracle and apply its Financial Analytical Applications. Additionally signed for the Oracle Financial Services Analytical Applications Cloud Service is Oracle in a contract with Ajman Bank from the Emirate of Ajman, UAE.
Persistent Systems Ltd
Global company Persistent Systems assists companies in becoming more current and accelerating their digital operations. Having been in business since 1990, the company is well-known for its technological knowledge.
Anand Deshpande, the founder of Persistent, hired Sandeep Kalra as CEO in the middle of the 2020 Covid-19 epidemic since he felt the company could not survive with Christopher O’Connor, an IBM employee. But Kalra elevated the business to a whole other degree when she assumed leadership. In the third quarter of FY 2022, he said, for instance, that his target annual sales in six to eight quarters was $1 billion. Just five quarters, the March quarter of FY 2023 satisfied this aim.
Mphasis Ltd.
Founded in 1998, Mphasis uses modern technologies to assist businesses all around in altering their operations. Its only company able to assist companies going digital is based on its seamless service delivery, business process knowledge, and combined range of services.
BlackStone’s investment in the company, together with those of the Abu Dhabi Investment Authority and The Regents of the University of California, continues to be a great source of support for the company even if Mphasis did not perform very well in the last quarter of 2022 and is still going through some challenging times.
KPIT Technologies Ltd.
KPIT Technologies first opened for business in 1990. With IT advice, product development ideas, and other services, this worldwide technology company can assist companies in the automotive, industrial, energy, and utilities sectors.
In March 2023 KPIT Technologies and Honda struck an agreement to enhance Honda’s SDM (software-defined mobility) trip. Interestingly is that Honda has been a KPIT partner for eight years.
Whether you’re an investor, job seeker, or just curious about the top 10 IT companies in India, this article should provide you helpful knowledge about them.
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