Top 10 Biggest IT companies in India
Here is the rundown of Top IT organizations in India [Indian IT companies] dependent on Total Revenue and Market capitalization. Software and IT organizations from this rundown are the spines of the IT Industry in India.
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India is one of the greatest IT offshoring center points, and Top IT organizations assume a critical part in fostering the nations' economies. As indicated by the NASSCOM Report, IT area income to become 7.7% in FY20 to $191 billion. IT area added 2 lakh occupations in FY20, taking by and large labor force solidarity to 4.36 million, said the Indian IT hall bunch NASSCOM.
Top Indian Software and IT organizations give traditional IT benefits and reshape the world by progressing in advancements like distributed computing, Big information, investigation, Cybersecurity, man-made reasoning (AI), AI, mechanical technology, IoT, increased and computer generated reality.
Rundown of Top IT Companies in India 2021 by Revenue and Market Cap
Here is the rundown of Top 10 IT organizations in India 2021. The rundown is rank dependent on Total Revenue and Market capitalization as of late.
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1. Goodbye Consultancy administration. – Largest IT Company in India.
TCS was established in 1968 to give the punched card administrations to Tata Steel. Today Tata Consultancy service(TCS) is the Largest IT Company in India by Revenue and Total Market Cap for an IT company.
TCS gives IT administrations, Business and counseling, and Digital changes to the world's biggest organizations and serves IT administrations and IT counseling Industry.
TCS is the second-biggest company in India as far as Market Capitalization. It is the biggest in the rundown of top 10 IT organizations in India 2021.
Chief: Rajesh Gopinathan
Base camp: Mumbai, Maharashtra, India
Income: Rs 161,541 Cr.
Market Cap: Rs 1,098,792 Cr.
Representatives: 448,464
ROE: 44.72 %
Deals Growth-Revenue (3Yrs): 9.8%
Deals Growth-NetProfit (3Yrs): 7.1%
Advertiser holding: 72.05%
On 8 October 2020, TCS outperformed Accenture and turned into the world's most important IT Company with a $144.73 billion market cap. Goodbye Consultancy Services(TCS) has more than 200 workplaces across 46 nations and 147 conveyance habitats in 21 nations. TCS is one of the biggest private-area bosses in India and has 448,464 workers.
2. Infosys
Set up in 1981 by seven designers with a capital of US$ 250, Infosys is a worldwide counseling and IT administrations company with an income of US$13 billion(FY20 incomes). Infosys is the second-biggest IT Company on the rundown of top 10 IT organizations in India 2020.
Infosys is the primary NASDAQ recorded Indian IT Company. Today Infosys is a BSE and NYSE recorded company with 242,371 representatives. With a market capitalization of IN 536,899 Cr, It is viewed as one of India's best Indian IT organizations.
Infosys is in the information for the last year because of different Billion dollar bargains. As of late Infosys Pfizer bargain was likewise in the information anyway it isn't yet authoritatively affirmed.
President: Salil Parekh
Central command: Bengaluru, Karnataka, India
Income: Rs 93,594 Cr.
Market Cap: Rs 536,899 Cr.
Representatives: 242,371
ROE: 24.97%
Deals Growth-Revenue (3Yrs): 9.4%
Deals Growth-NetProfit (3Yrs): 5.0%
Advertiser holding: 12.95%
The company has a-list preparing focus in Mysore, Karnataka.
One of its realized items is Finacle, a far reaching banking arrangement with different retail and corporate financial modules.
Infosys gives software advancement and different item and administrations, including NIA – Next Generation Integrated AI Platform (once in the past known as Mana), worldwide administration counseling administration through Infosys Consulting, Infosys Information Platform (IIP) – Analytics stage, Panaya Cloud Suite, Skava, Engineering Services, Digital Marketing.
3. HCL Technologies
HCL Technologies is one of the most incredible Indian IT organizations in India. Six designers, driven by Shiv Nadar, began a company that would make PCs, and on 11 August 1976, the company was begun as Hindustan Computers Limited (HCL)
HCL is a main worldwide IT benefits and counseling company that helps worldwide undertakings rethink and change their organizations through Digital technology change.
HCL has more than 150,000 workers and an absolute Market Cap of 257,933 Cr. HCL is the third-biggest Indian top it organizations.
President: C Vijayakumar
Central command: Noida, Uttar Pradesh, India
Income: Rs 71,265 Cr.
Market Cap: Rs 257,933 Cr.
Representatives: 150,000
ROE: 24.04%
Deals Growth-Revenue (3Yrs): 13.6%
Deals Growth-NetProfit (3Yrs): 8.7%
Advertiser holding: 60.33%
HCL offers different types of assistance, including Applications Services and Systems Integrations, BPO/Business Services, Engineering and R&D Services (ERS), Infrastructure Management Services (IMS), IoT WoRKS, DRYiCE, Digital and Analytics, Cybersecurity, and GRC Services.
HCL works across different areas, including aviation and guard, banking, energy, media and diversion, medical care, retail, telecom, howdy tech, protection, life sciences, assembling, oil and gas, travel, and coordinations.
HCL Technologies is on the Forbes 2000 Global rundown with a market capitalization of $21.5 billion. Last year in 2020, Roshni Nadar Malhotra turned into the Chairman of the HCL succeeding the HCL author Shiv Nadar.
4. Wipro Limited
Wipro (in the past, Western India Palm Refined Oil Limited ) is a main worldwide information technology [Indian IT companies] counseling and business measure administrations company.
Wipro is one of India's brilliant Indian IT organizations guided by Azim Premji and on the rundown of the best five IT organizations in India. On 6 July 2020, Thierry Delaporte turned into the new CEO of Wipro.
Wipro outfits the force of cognitive processing, robotization, advanced mechanics, cloud, investigation, and arising advances and aiding the customers to a digital-change.
Wipro has more than 180,000 devoted workers serving customers across six mainlands.
Chief: Thierry Delaporte
Base camp: Bengaluru, Karnataka, India
Income: Rs 63,862.60 Cr.
Market Cap: Rs 221,812 Cr.
Workers: 180,000
ROE: 24.04%
Deals Growth-Revenue (3Yrs): 3.2%
Deals Growth-NetProfit (3Yrs): 4.6%
Advertiser holding: 74.02%
Wipro is the fourth biggest Indian top IT organizations. It is one of the Indian IT organizations perceived around the world for its solid commitment to sustainability and great corporate citizenship.
5. Tech Mahindra Ltd
Tech Mahindra Limited is a Mahindra Group auxiliary, giving information technology (IT) administrations and business measure re-appropriating (BPO).
Other Top Indian IT Companies has customers from mostly the USA; notwithstanding, Tech Mahindra's essential customer bases are in Europe/UK. Tech Mahindra is viewed as one of the most incredible IT organizations from India in the Telecom Domain.
After the Satyam embarrassment in 2008-09, Tech Mahindra won Satyam Computer Services' offered to blend Satyam with Tech Mahindra.
Tech Mahindra addresses the associated world, offering imaginative and client driven information technology encounters, empowering undertakings around the world.
President: C.P. Gurnani
Central command: Pune, Maharashtra, India
Income: Rs 38,060.10 Cr.
Market Cap: Rs 94,609 Cr.
Representatives: 125,236
ROE: 20.35%
Deals Growth-Revenue (3Yrs): 8.4%
Deals Growth-NetProfit (3Yrs): 12.8%
Advertiser holding: 35.82%
Tech Mahindra is a US$5.2 billion company with more than 125,000 representatives across 90 nations. The company was positioned #5 in India's IT firms and by and large #47 in Fortune India 500 rundown for 2019.
6. Larsen and Toubro Infotech Ltd.
Larsen and Toubro Infotech Ltd, otherwise called LTI, is a worldwide IT arrangements and administrations company situated in Mumbai, India. Established in December 1996 as a completely claimed auxiliary of Larsen and Toubro Ltd (L&T), as indicated by NASSCOM, Larsen and Toubro Infotech(LTI) is the 6th biggest Indian IT administrations company as far as fare incomes.
Chief: Sanjay Jalona
Base camp: Mumbai, Maharashtra, India
Income: Rs 11,207 Cr.
Market Cap: Rs 182,132 Cr.
Workers: 31,437
ROE: 12.80%
Deals Growth-Revenue (3Yrs): 10.1%
Deals Growth-NetProfit (3Yrs): 16.5%
Advertiser holding: 74.62%
LTI offers different types of assistance like Enterprise Solutions, Cloud, Infrastructure and Security, Applications Management, Digital Transformation.LTI Mosaic stage offers information designing, progressed examination, information drove mechanization, IoT connectivity utilizing dramatic technology.
The company has activities in 30 nations, speeding up digital change with the world's best organizations.
7. Mphasis Ltd
Fused in June 1992, because of the consolidation of the US-based IT company Mphasis Corporation and the Indian IT company BFL Software Limited, it is one of the top Software and IT organizations in India.
Mphasis gives information technology administrations, incorporated arrangements, business measure re-appropriating, foundation technology, and application administrations.
Mphasis serves six top worldwide banks, eleven out of fifteen top home loan moneylenders, and three top worldwide insurance agencies. Mphasis has 22,239 representatives across 15 nations. It is among the main software organizations in India
President: Nitin Rakesh
Central command: Bengaluru, Karnataka, India
Income: Rs 7,907 Cr.
Market Cap: Rs 28,568 Cr.
Representatives: 22,239
ROE: 32.77%
Deals Growth-Revenue (3Yrs): 12.6%
Deals Growth-NetProfit (3Yrs): 14.4%
Advertiser holding: 56.16%
In June 2006, Electronic Data Systems (EDS) purchased a controlling stake (42%)in Mphasis. On 13 May 2008, Hewlett-Packard affirmed the acquisition of Electronic Data Systems (EDS). Mphasis filled in as a free auxiliary with its board and kept on being recorded on Indian business sectors as "Mphasis Limited." In April 2016, Blackstone had obtained 84% of Hewlett-Packard's stake in Mphasis.
8. Mindtree Ltd
Mindtree is one of the new age Indian IT companies that started working on Digital Transformation projects earlier than some of India’s biggest IT companies.
L&T group acquired Mindtree however works as a separate entity as compared to an expectation of merging it with Larson and Toubro Infotech (Another IT subsidiary of L&T group)
The company is a global technology consulting and services company and provides outstanding services for e-commerce, mobile applications, cloud computing, digital transformation, data analytics, and enterprise application integration.
CEO: Debashis Chatterjee
Headquarters: Bengaluru, Karnataka, India
Revenue: Rs 7,839.90 Cr.
Market Cap: Rs 27,331 Cr.
Employees: 21,991
ROE: 19.98%
Sales Growth-Revenue (3Yrs): 14.0%
Sales Growth-NetProfit (3Yrs): 14.7%
Promoter holding: 67.59%
LTI is operating in over 15 countries across the globe with 21,000+ Employees. It is among the list of top software companies in India.
9. Hexaware Technologies Ltd
Founded as Information Technology, BPO service company in 1990, today Hexaware Technologies Limited is a global leader and the fastest growing next-generation IT, BPO, and consulting services provider. It is one of the best Top 10 Indian IT companies in India.
Hexaware provides various services, including Application Transformation and Management Services, Business Intelligence and Analytics, Digital Assurance, Enterprise Solutions, Business Process Services, and Infrastructure Management Services.
Hexaware is headquartered in Navi Mumbai, Maharashtra, India, and has 33 global offices and over 18,294+ employees.
Hexaware Technologies voluntarily delisted from the BSE and the NSE as of November 2020.
CEO: R Srikrishna
Headquarters: Navi Mumbai, Maharashtra, India
Revenue: Rs 5,306 Cr.
Market Cap: Not Applicable as company delisted from BSE and NSE.
Employees: 18,294
The company evolved at the intersection of advanced technologies – AUTOMATE EVERYTHING TM, CLOUDIFY EVERYTHING TM, TRANSFORM CUSTOMER EXPERIENCES TM, that helps in fast-tracking enterprises into the digital era.
10. Coforge ( Formerly NIIT) :
Coforge is an Indian IT software and services company operating in many countries.
Founded in 1981 by Rajendra S. Pawar and Vijay K. Thadani, graduates from IIT Delhi as NIIT Technology; In 2020, NIIT Technology was re-branded as Coforge.
Unlike other Top IT companies, NIIT focused on learning management and training delivery solutions to corporations, institutions, and individuals.
NIIT formulated a franchising model in IT education for the first time, setting nine centers by 1987.
Market Cap: INR 9,067.34 Cr
Revenue: INR 558.10 Cr
CEO: Sapnesh Lalla
Number of employees: ~10,000
Headquarters: Gurugram, India
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