India’s information technology sector is an active driver that pushes the economic wheel of the country to global heights. In 2024, IT spending in India skyrocketed to over $112.55 billion, and as a result, the IT industry contributes about 7.5% of the nation’s GDP, increasing its significance in India’s financial landscape. Known for innovations and technological advancements in fields such as AI, machine learning, and service-oriented solutions, India’s IT industry continues to shape the future of global technology. As a major employer and innovation driver, it solidifies India’s position as one of the world’s largest IT hubs. TCS is the biggest IT firm in India followed by Infosys, Wipro, and many others that are discussed in this article.
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Top IT Companies in India
The leading IT Companies in India are as follows:
1. Tata Consultancy Service
2. Infosys
3. Wipro Limited
4. HCL Technologies
5. Tech Mahindra Ltd.
6. LTIMindtree
7. Mphasis Ltd.
8. Oracle Financial Services Software
9. Hexaware Technologies Ltd.
10. Persistent Systems
1. Tata Consultancy Service
TCS was founded in 1968 by the Tata Sons group and is the largest IT company in India. It is also a global leader in providing IT services, consulting, and business solutions. With a workforce of over 616,000 employees worldwide, TCS has a vast global presence, offering a wide range of services, including cloud computing, cybersecurity, data analytics, and IoT solutions. Its continuous growth, innovative solutions, and extensive reach have positioned it as a dominant player in the global IT landscape. The company has achieved incredible success in the field of technology, earning recognition as one of the world’s most innovative companies.
TCS has built a strong reputation through strategic partnerships and groundbreaking innovations. A significant partnership with AIB Life and utilizing its flagship insurance platform TCS BaNCS reflects its strength to offer the best financial solutions. In addition to this, it has also made it to the FORTUNE Magazine “World’s Most Admired Companies” list for the second consecutive year and witnessed brand value rise 11.5% in 2024 to reach $19.2 billion, as per the BrandFinance Global 500 survey. It continues focusing on business process services, IT consultancy, and insurance technology, all of which continue driving success and profitability.
With its headquarters in Mumbai and major operations across the globe, TCS’s vision is to redefine the IT industry through innovation and excellence. Strong financial performance, engagement amongst employees, and initiatives toward corporate social responsibility have well-established TCS as one of the most respected IT firms across the world. Under CEO K. Krithivasan‘s leadership, it continues to challenge technological boundaries and strengthen its position as the number one company in India and the global IT services firm.
2. Infosys
Infosys is a global IT services and consulting firm, with headquarters in Bengaluru, Karnataka. It was founded by seven engineers in 1981 and is currently led by CEO Salil Parekh. Infosys has played a key role in driving India’s IT revolution as it offers cutting-edge digital services and consulting solutions to clients around the globe. The company is recognized for its focus on innovation, particularly in areas like artificial intelligence (AI), cloud computing, and sustainability, making it one of the top IT firms in India. The company has been committed to gender diversity with a team that is reportedly holding more than 36 percent women employees, out of a total strength of 343,234 globally.
In 2024, Infosys continued its expansion by entering into a $454 million partnership with Danske Bank to accelerate digital transformation, further solidifying its global reach. Some of the company’s achievements include executing India’s largest international equity offering, valued at $1 billion, and founding the Infosys Foundation, which is dedicated to advancing social responsibility initiatives. Infosys has consistently demonstrated financial stability, with a current market capitalization of over 809,770.07 crore INR, and remains a key player in various sectors, including finance, healthcare, and manufacturing.
Infosys’ vision is to be a global leader in consulting, technology, and digital services, empowering clients to succeed in the digital era. More than 100,000 employees are trained by this company in generative AI and large language models with a strong focus on AI-driven projects, placing the company on a progressive path of growth and technological leadership.
As one of India’s top information technology companies, Infosys is committed to delivering exceptional value to its customers while ensuring its position as a leader in both innovation and sustainability.
3. Wipro Limited
Wipro Limited was established in 1945 and has evolved through its journey from a humble vegetable oil manufacturer to a global leader in IT services, consulting, and business process outsourcing. Headquartered in Bengaluru, Karnataka, Wipro is known for catering innovative digital solutions using advanced technologies such as cognitive computing, cloud services, artificial intelligence (AI), and robotics. Led by CEO Srini Pallia, the company caters to clients across 60 countries and continues to be a prominent name in the technology industry. A wide range of services provided by Wipro include BPO, consumer care, cloud computing, and digital transformation.
The company has been expanding its scope through acquisition and restructuring since its inception. It is crucial to understand that in 2016, the company was split into two entities, Wipro Limited, a publicly listed corporation, and Wipro Enterprise, a privately owned company. One of its key acquisitions was the 2024 purchase of US-based Insurtech firm Aggne Global Inc. for $66 million, enhancing its presence in the insurance technology sector. Today, it has over 1.5 lac employees and operates in more than 60 countries, providing critical IT and consulting services to clients such as Indian Bank, Thomas Cook, BNP Paribas, and Emerson Electric Co.
Wipro’s success is based on strong foundation ingredients of its core strengths in software services, cloud computing, cybersecurity, and AI along with its commitment to innovation and client satisfaction. The company works with its mission to empower clients to navigate the complexities of the digital age and is at the forefront of technological advancements, offering hyper-automation, data analytics, and robotics solutions. The company’s vision of becoming a global leader in technology-driven solutions aligns with its continuous investment in research and development, ensuring it remains a trusted partner for organizations seeking digital transformation and sustainable value creation.
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4. HCL Technologies
HCL Technologies is a multinational IT services company situated in Noida, Uttar Pradesh, India. Founded in 1976 by Shiv Nadar and his team, the company was originally started as a computer hardware company but it gradually shifted its focus to software services. Currently, under the leadership of CEO C Vijayakumar, the company has transformed itself into a global technology giant that offers a wide range of IT services including digital solutions, infrastructure management, and consulting across various industries. HCL Technologies plays a critical role in transforming businesses for the digital era, with over 224,000 employees and operations in 32 countries.
HCL’s growth has been fueled by its innovation and ability to adapt to the changing technological landscape. The company has launched progressive initiatives like the HCL Tech Bee program, which is an initiative for providing full-time IT jobs and training for intermediate students, and the Employees First program, which prioritizes employee engagement and empowerment. Its commitment to community development is reflected in efforts such as Project Samudhay, which has undertaken the responsibility of uplifting 100 villages. With more than 2,000 patents, HCL has emerged as a leader in IT innovations offering services such as application development, consulting, engineering, and business process outsourcing.
The mission of HCL Technologies is to empower its clients to navigate the digital age with reliable, innovative solutions. The company holds its vision to become the global leader in delivering technology-based solutions that create sustainable value for clients. It continues to set industry benchmarks in digital transformation, cloud services, automation, and cybersecurity with partnerships across all major tech firms, along with an employee-centric culture.
5. Tech Mahindra Ltd.
Tech Mahindra is an IT services company founded in 1986 headquartered in Pune, Maharashtra, India, and is a subsidiary of the Mahindra Group, specializing in digital transformation, consulting, and business re-engineering services. Tech Mahindra started its journey as a joint venture between Mahindra & Mahindra and British Telecom but it has grown into one of India’s leading IT companies with a market capitalization of 144,193.64 Crore INR and has 146,250 employees all over the world across 100 countries. The Company’s core strength is the delivery of wide-scale IT services including application development, cloud solutions, infrastructure management, business process outsourcing, and networking solutions, primarily to the telecom sector.
Under the leadership of Mohit Joshi, who succeeded C.P. Gurnani as CEO in 2024, Tech Mahindra continues to focus on emerging technologies such as AI, generative AI, and NXT.NOW. The recent appointment of Richard Lobo as Chief People Officer highlights the company’s dedication to fostering a diverse and inclusive workforce, driving innovation, and ensuring employee engagement. As part of its vision to be a leading global provider of innovative IT solutions, Tech Mahindra has been recognized by Forbes as one of the top companies shaping the digital economy, emphasizing its role in the IT sector and its efforts in creating sustainable and advanced technology solutions.
The company extends its commitment beyond business success to environmental responsibility. The company has undertaken various initiatives that minimize the carbon footprint, promote energy efficiency, and reduce the use of single-use plastics across all its campuses globally. By aligning its operations with sustainable practices, it solidifies its position not only as an IT leader but also as a socially responsible enterprise.
6. LTIMindtree
LTIMindtree is a Larsen & Toubro Group company, and it is one of the global leaders in offering technology consulting and digital solutions, specializing in digital transformation. It was established in 1999 and is headquartered in Bengaluru, Karnataka, operating under the leadership of CEO Debashis Chatterjee. The company has built a strong reputation by focusing on areas like cloud, e-commerce, data analytics, and enterprise application integration. Its market capitalization of 162,669.21 crores INR and a workforce of over 82,000 professionals underscore its robust global presence, operating in over 30 countries and serving diverse industries. The company’s innovative approach, agile structure, and collaboration with top industry leaders have made it a preferred partner for digital transformation.
A few of its significant strengths include its mosaic platform that integrates social, analytics, IoT, mobile, and cloud technologies to provide businesses with a unified view of data and processes, thus enabling organizations to make informed decisions and drive operational efficiency. The company’s commitment to innovation and dedication to research and development is evident from its strategic partnerships with industry leaders like SNP. LTIMindtree’s ability to combine the scale of a large corporation with the agility of a smaller entity allows it to cater to the needs of large enterprises as well as smaller businesses.
The Company has made significant strides in various sectors, from cloud infrastructure services and blockchain to process automation and cybersecurity. Following its merging with Larsen & Toubro Infotech in 2022, LTIMindtree now offers a broader spectrum of innovative technology solutions. Known for leadership and excellence in technology globally, the company continues to evolve and assist clients worldwide to navigate their digital transformation journeys and achieve success in an increasingly interconnected environment.
7. Mphasis Ltd.
Mphasis, a global leader in IT services, was established in 2000 in Bengaluru, Karnataka, by Jerry Rao and Jeroen Tas. The main focus areas of this company are next-generation technologies and, therefore, a broad range of services including cloud migration, DevOps automation, blockchain, business process services, and cybersecurity. Over time, Mphasis grew into an important player in the IT world, driven by its commitment to innovation and customer-centric solutions. With a strong leadership team led by CEO Nitin Rakesh and an objective to digitally empower businesses with the most recent technology, Mphasis has emerged as an integral partner to the growing enterprises that are in the process of digital transformation.
Mphasis achieved $1.59 billion in revenues for FY 23-24 and added $190.8 million more as compared to last year. Mphasis is a multinational company that operates in 17 countries, and has more than 10,000 employees, with a diversity rate of 35%. Its market capitalization stands at 59,022.62 Crore INR and has consistently demonstrated its expertise across industries such as banking, insurance, healthcare, and manufacturing. Its core strengths include deep domain expertise, a customer-focused approach, and strong global delivery capabilities.
The vision of Mphasis is to be the leading global provider of applied technology services, and the mission is to drive business value through innovative solutions. It invests up to $40 million a year in research and development activities, which keeps it at the forefront of technological advancements. In addition, strategic partnerships such as Blackstone’s investment, continue to enhance Mphasis’s growth, ensuring it remains resilient despite market challenges. The company is at present serving a wide array of clients from various sectors and continues to expand its offerings, driving innovation and digital transformation across the globe.
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8. Oracle Financial Service Software
OFSS, founded in 1990, is a subsidiary of Oracle Corporation and is considered one of the leading providers of IT solutions for the global financial services industry. Its headquarters is in Mumbai and has several applications and services targeted at helping improve the efficiency and enrich customer experiences in financial institutions. The company’s flagship product, the Oracle FLEXCUBE platform, recognized for its scalability, is widely used by over 600 banks globally, solidifying its position as a major player in the industry. OFSS has more than 8,000 employees, operating in over 150 countries, and catering to its diverse customers, including prominent banks such as HSBC, JPMorgan Chase, and Deutsche Bank.
The core strength of OFSS lies in its innovative financial services solutions including banking, insurance, and capital markets tools. Its well-known Oracle Banking Digital Experience (OBDX) provides personalized digital banking across multiple channels. The company also specializes in risk and compliance management through Oracle Financial Services Analytical Applications (OFSAA), which gives institutions the right tools to keep track of regulatory complexities and manage risks like anti-money laundering (AML) effectively. Its global reach and expertise position it to serve a diverse range of clients, from smaller regional banks to some of the world’s largest financial institutions.
OFSS is led by a commitment to digital transformation as it focuses on integrating cloud computing, artificial intelligence, and blockchain technologies. It has enhanced its cloud-based services in partnership with Oracle Cloud Infrastructure (OCI) and global technology leaders such as Microsoft, IBM, and Accenture. The firm aims to be one of the biggest innovative software solutions providers that enables financial institutions to achieve operational excellence and regulatory compliance. The company doesn’t put its primary concern aside while focusing on its other motives which is steadily pursuing customer success and innovation in financial arenas.
9. Hexaware Technologies Ltd.
Founded by Atul Nishar in 1990, Hexaware Technologies is a leading IT services company, with headquarters located in Mumbai. The company operates in more than 30 countries with over 40,000 employees, offering a wide variety of automation-led services that carry out digital transformation across industries. Hexaware specializes in cloud computing, data analytics, artificial intelligence (AI), and robotic process automation (RPA). This company has emerged as one of India’s best IT companies and earned global recognition through its customer-centric approach and innovative solutions. Notable International achievements include winning the International Bottler of the Year award and listing on the Bombay and National Stock Exchanges in India.
Hexaware has a wide expertise in digital transformation, IT, and business process services which serves as its key strength. The company offers end-to-end cloud services for platforms such as AWS and Microsoft Azure, along with advanced AI and data analytics solutions for effective data-driven decision-making. Industry-specific solutions provided by this company also include sectors such as banking, healthcare, and retail, where support is provided to clients in areas including digital banking, EHR, and supply chain management. Its global delivery model, using onshore, nearshore, and offshore resources, ensures flexibility and cost-effectiveness for its clients, providing it with a competitive edge in the global market.
Hexaware’s mission focuses on driving digital transformation, fostering innovation, and delivering excellence to clients worldwide. Acquired by Baring Private Equity Asia (BPEA) in 2021, the company has experienced a surge in its growth potential while maintaining the pace of technological advances. By emphasizing agile methodologies, blockchain, and the Internet of Things (IoT), Hexaware continues to innovate and provide high-quality IT services that meet client expectations. This firm is aligned toward a vision of becoming a global leader in IT and consulting services, focusing on strong relation-building and delivering impactful solutions that bring new possibilities.
10. Persistent Systems
Persistent Systems, founded in 1990 and headquartered in Pune, Maharashtra, has become a renowned name in the IT industry, offering the latest digital transformation solutions. The company under the leadership of CEO Sandeep Kalra who took over during the COVID-19 crisis in 2020, has experienced remarkable growth. Persistent specializes in digital engineering, cloud computing, data solutions, and enterprise modernization, serving industries such as healthcare, life sciences, financial services, and emerging sectors like retail and manufacturing. It operates globally in 21 countries, with more than 23,800 employees.
The core strengths of Persistent lie in its expertise in digital engineering and industry-specific knowledge, which ensures that it delivers the best solutions to its clients. The company has built strong partnerships with industry leaders and technology providers, helping clients modernize their legacy systems and processes. Persistent is a top choice for organizations seeking innovation due to its flagship services, such as digital strategy, intelligent automation, and customer experience transformation. Furthermore, its subsidiaries like Varun Beverages and Devyani International have also contributed to its expansion, solidifying its reputation in the IT space.
In recent years, Persistent has made significant strides in research and development, investing in AI, machine learning, and cloud computing. The company’s commitment to sustainability and corporate social responsibility further enhances its appeal. It continues to uphold a high standard of customer satisfaction, delivering projects on time and within budget. With a mission to empower clients with scalable and reliable digital solutions, it is on a path to further success, growing both its workforce and global market reach.
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Conclusion
Becoming India’s leading IT Company is more than short-term profits as it requires sustaining a culture of continuous innovation, strategic foresight, and excellence. The leaders in this industry thrive in an evolving environment by embracing new technologies such as AI and adapting to the continuously changing technological landscape. Thus, these companies will continue to evolve as the IT sector is expected to grow further in the coming years and shape India’s future digital economy.
FAQs
What IT Company Gives the Highest Salary in India?
Google is one of the highest-paying IT companies globally and is known for its excellent treatment of its employees and unique benefits. A newbie at Google in India could get a pay range between INR 12 to 30 lakhs per annum.
Which IT Firm Is Best for Freshers in India?
Multinational Companies such as TCS, Wipro, and Infosys have issued up to 40,000, 20,000, and 18,000 job offers for freshers respectively with appealing salary packages which makes them more feasible for fresh graduates to apply.
Which City Has the Highest Number of IT Companies in India?
Bangalore is famously known as India’s IT hub. The city is home to the highest number of IT professionals in India and 80% of the global IT companies also operate here.
Which Is the Largest IT Company in Asia?
The Japan-based Hitachi Ltd. is the leading IT services company in the Asia Pacific by revenue and according to its latest financial reports, the company’s current revenue is $66.28 billion.
