Top IT Companies in India:
Top IT Companies in India. India’s IT sector remains a powerhouse on the global stage, driving technological innovation and economic growth. The year 2024 continues to see Indian IT companies at the forefront, leveraging cutting-edge technologies and sustainable practices to deliver value across industries. Below is a detailed overview of the top 10 IT firms in India, ranked by market capitalization.
1. Tata Consultancy Services (TCS)
Market Cap: ₹15.50 trillion
TCS continues to dominate the IT sector with AI-driven solutions, achieving record-breaking revenues of ₹2.3 trillion in FY 2024. Notable accomplishments include the successful implementation of generative AI tools in banking and healthcare sectors, and the expansion of its AI-enabled digital twins technology, which reduced operational costs by up to 20% for clients globally. Serving diverse industries like banking, retail, telecom, and healthcare, the company is expanding its digital services and emerging market presence.
As a part of the Tata Group, TCS operates across 150 locations in 55 countries. With a strategic focus on AI and sustainability, the company is well-positioned to retain its leadership.
Headcount Across Globe: 603,305 employees
CEO: K Krithivasan
Headquarters: Mumbai, Maharashtra, India
Founded: April 1, 1968
2. Infosys
Market Cap: ₹7.73 trillion
Infosys continues to secure significant contracts in cloud computing and sustainability-focused technologies. The company serves over 1,800 clients globally and operates in 56 countries.
Infosys is prioritizing advancements in AI, particularly in generative AI, machine learning, and automation, while executing key digital transformation projects, including industry-specific cloud solutions and enhanced cybersecurity frameworks, to meet the evolving needs of modern businesses.
Headcount Across Globe: 317,000 employees
CEO: Salil Parekh
Headquarters: Bangalore, Karnataka, India
Founded: July 2, 1981
3. HCL Technologies
Market Cap: ₹5.05 trillion
HCL Technologies has made a mark with its ‘Employees First’ initiative, serving over 10,000 companies globally. Operating in 60 countries, the firm focuses on IT consulting, enterprise transformation, and engineering services.
HCL is investing heavily in next-generation technologies such as AI, blockchain, and IoT, while expanding its global delivery centers to enhance service efficiency and cater to diverse markets.
Headcount Across Globe: 218,000 employees
CEO: C Vijayakumar
Headquarters: Noida, Uttar Pradesh, India
Founded: August 11, 1976
4. Wipro Limited
Market Cap: ₹3.02 trillion
Wipro has established itself as a leader in digital and cloud services, serving over 1,400 clients across 66 countries. The company’s strong emphasis on innovation and sustainability aligns with global trends.
With operations spanning six continents, Wipro aims to further contribute to sustainability goals by implementing renewable energy initiatives and reducing carbon footprints. Notably, the company has also expanded its digital service portfolio, delivering cutting-edge cloud solutions and AI-driven analytics to clients worldwide.
Headcount Across Globe: 234,054 employees
CEO: Srini Pallia
Headquarters: Amalner, Maharashtra, India
Founded: December 29, 1945
5. LTIMindtree Ltd.
Market Cap: ₹1.84 trillion
LTIMindtree, named the 2024 Google Partner of the Year, is renowned for its expertise in digital transformation and technology consulting. With operations spanning over 38 countries, the company is enhancing its strategic partnerships and expanding its digital engineering services. Its focus on digital transformation has been a key driver of its impressive growth trajectory, positioning it as a leader in the global technology landscape.
Headcount Across Globe: 81,650 employees
CEO: Debashis Chatterjee
Headquarters: Mumbai, Maharashtra, India
Founded: December 23, 1996
6. Tech Mahindra Ltd.
Market Cap: ₹1.68 trillion
Tech Mahindra is a frontrunner in 5G and network services, emphasizing digital transformation. Operating in over 90 countries, the company is expanding its digital services portfolio.
Tech Mahindra aims to lead in 5G technologies through initiatives like its partnership with global telecom operators to develop end-to-end network solutions and its proprietary 5G lab for testing and innovation. Simultaneously, the company is strengthening its presence in digital transformation by offering AI-driven analytics, cloud migration services, and customer experience platforms.
Headcount Across Globe: 154,273 employees
CEO: Mohit Joshi
Headquarters: Pune, Maharashtra, India
Founded: 1986
7. Oracle Financial Services Software Ltd.
Market Cap: ₹1.02 trillion
Oracle Financial Services Software specializes in delivering IT solutions tailored to the financial industry, serving over 430,000 clients worldwide. Operating in 130 countries, the company is actively expanding its cloud-based offerings to meet evolving market demands. With a focus on enhancing customer experiences and improving operational efficiency, Oracle Financial Services Software remains a trusted partner for financial institutions globally.
Headcount Across Globe: 8,754 employees
CEO: Makarand S. Padalkar
Headquarters: Mumbai, Maharashtra, India
Founded: 1990
8. Persistent Systems Ltd.
Market Cap: ₹0.92 trillion
Persistent Systems is indeed a prominent player in the IT sector. Their focus on software development and technology services, combined with investments in emerging technologies, positions them well for future growth. By expanding across North America, Europe, and Asia, they are broadening their global reach, enabling them to tap into diverse markets and customer needs. This strategy of innovation and expansion solidifies their standing in an ever-evolving technology landscape.
Headcount Across Globe: 21,950 employees
CEO: Sandeep Kalra
Headquarters: Pune, Maharashtra, India
Founded: 1990
9. Coforge Ltd.
Market Cap: ₹0.57 trillion
Coforge has demonstrated strong growth in the travel and insurance sectors. Operating in over 20 countries, the company is enhancing its digital expertise and exploring new industries.
Coforge is poised for further growth as it expands its footprint in key industries.
Headcount Across Globe: 24,607 employees
CEO: Sudhir Singh
Headquarters: Noida, Uttar Pradesh, India
Founded: May 13, 1992
10. MphasiS Ltd.
Market Cap: ₹0.56 trillion
MphasiS specializes in cloud and cognitive services, with a strong focus on the banking and financial services industries. Its global presence allows the company to explore emerging markets. MphasiS is poised to enhance its cloud solutions and extend its reach into new regions.
Headcount Across Globe: 33,771 employees
CEO: Nitin Rakesh
Headquarters: Bangalore, Karnataka, India
Founded: 1998
India’s IT sector continues to shape the global technology landscape through innovation, sustainability, and digital transformation. With a strong emphasis on next-generation technologies such as AI, 5G, and cloud computing, these top 10 IT firms are not only driving economic growth but also addressing global challenges. As they expand their services and geographical reach, these companies remain integral to meeting the evolving business needs of a dynamic world.
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