The Indian IT sector has seen significant growth, with numerous companies emerging as key players. Some have long-standing histories, while others are newer to the scene.
Tata Consultancy Services (TCS):
- Market Cap: ₹13.06 lakh crore
- Employees: Approx. 600,000
- Founded: 1968
- HQ: Mumbai, Maharashtra
- Overview: TCS is India’s largest IT company, offering a wide range of services globally. They recently expanded into Ireland with AIB Life partnership, providing financial services via their mobile banking app using TCS BaNCS platform.
Infosys:
- Market Cap: ₹6.12 lakh crore
- Employees: Approx. 336,294
- Founded: 1981
- HQ: Bengaluru, Karnataka
- Overview: Infosys is renowned for digital services and consulting, driving innovation and sustainability in the industry.
HCL Technologies:
- Market Cap: ₹3.43 lakh crore
- Employees: Approx. 225,944
- Overview: HCL Technologies is a global IT services company with expertise in various domains including IT infrastructure and cybersecurity.
Wipro Limited:
- Market Cap: ₹2.16 lakh crore
- Employees: Approx. 240,000
- Overview: Wipro offers services in application development, cloud computing, and data analytics.
LTI (Larsen & Toubro Infotech):
- Market Cap: ₹1.59 lakh crore
- Employees: Approx. 82,000
- Overview: LTI is known for its innovative solutions and client-centric approach.
Tech Mahindra Ltd.:
- Market Cap: ₹1.26 lakh crore
- Employees: Approx. 152,400
- Overview: Tech Mahindra focuses on digital transformation and business process services.
MphasiS Ltd.:
- Market Cap: ₹0.468 lakh crore
- Employees: Approx. 29,473
- Overview: MphasiS provides IT services and application development.
Persistent Systems:
- Market Cap: ₹0.453 lakh crore
- Employees: Approx. 22,500
- Overview: Persistent Systems specializes in software development and cloud services.
Oracle Financial Services:
- Market Cap: ₹0.358 lakh crore
- Employees: Approx. 8,001
- Overview: Oracle Financial Services delivers solutions for banking and insurance.
Coforge Limited (formerly NIIT Technologies):
- Market Cap: ₹0.323 lakh crore
- Employees: Approx. 21,815
- Overview: Coforge focuses on IT services and digital transformation.
These companies showcase India’s technological advancement and continue to lead in innovation and excellence in the global IT landscape. Market capitalizations are based on data as of September 25, 2023.
References:
- Forbes India,
- Business2Business,
- TechGig,
- The Digital Skipper,
- Tofler.