Top 25 Product-Based Companies Making Waves in India

March 4, 2024
product based companies

Quick Summary

  • India hosts a thriving network of product-based companies, including giants like Amazon, Alphabet, and Apple, which are globally recognised for their innovative products and services.
  • These companies offer numerous job openings across various domains, ranging from software development and engineering to marketing and product management, providing ample opportunities for professionals seeking diverse career paths.
  • With the increasing demand for technological advancements and digital solutions, product-based companies in India continue to play a significant role in driving innovation and economic growth in the country.

Table of Contents

Once you graduate from college the world just seems too new to you. Isn’t it? This is mostly because you’re on the lookout for new jobs. Well, the key to doing it right is to secure a job in one of the leading product-based companies in India. 

Product-based companies usually have a wide range of job openings available. However, it can be quite tough for you to understand which India product-based companies you should take a job in. But, before that, you must know what a product-based company is and what they do. 

What is a product-based company?

The product-based companies in India and other parts of the world are involved in product design. They also do product development via different manufacturing processes. A team of product-based companies is also involved in product launches and brand and marketing. 

These product-based companies usually develop and launch products. They mostly work with professionals from the IT sector. This is because they need the support of IT tools for product launches and sales. 

Difference between a Product-based Company vs. a Service-based Company

CriteriaProduct-Based CompanyService-Based Company
Primary OfferingTangible goods or softwareIntangible services
Revenue GenerationSales of productsFees charged for services rendered
Customer RelationshipsTransactional (one-time sale)Ongoing (continuous engagement)
Key MetricsInventory turnover, gross margin, return on investmentUtilisation rates, billable hours, customer retention
Research and DevelopmentSignificant investment in research and developmentFocus on improving service delivery and customer experience
Marketing and SalesEmphasis on advertising and distributionEmphasis on relationship-building and networking
ScalabilityProduction and distribution can be scaledGrowth requires scaling human resources and customer base
Customer SupportOften provided through support channelsDirect interaction with customers is critical

Why Join Product-Based Companies?  

1. Opportunity for Innovation

Product-based companies are often at the forefront of innovation in their industries. Working for such a company can provide the opportunity to be part of a team. It helps you develop cutting-edge products that could change the world.

2. Career Growth

Product-based companies tend to have more structured career paths than service-based companies. They offer clear opportunities for advancement. Many product-based companies invest in their employees’ professional development. They also offer training and mentorship programs to help them grow.

3. Financial Stability

Product-based companies often have more predictable revenue streams than service-based companies. This can lead to greater financial stability for both the company and its employees. This stability can translate into better job security and more competitive compensation packages.

4. Exciting Work Environment

The fast-paced nature of product-based companies makes an exciting and dynamic work environment. Working on innovative products can be highly engaging and rewarding. 

Brand Recognition: Many product-based companies are household names with strong brand recognition. Joining such a company can provide a sense of pride and prestige, and can be a valuable addition to a resume.

Get Paid for Your Knowledge

Top Product-Based Companies in India 

Product-based companies are often confused to be the same as service-based companies. However, it is necessary to understand that there is quite a difference between the two. If you have sufficient knowledge about product marketing you can join the forces. After doing some market research, you must consider joining these companies. 

Some of the best product-based companies in India that you can join are as follows:

1. Amazon

The products usually rule the e-commerce space. In the initial stages, Amazon offered books which then expanded to other products as well. The headquarters of Amazon is in Seattle, Washington. Some of the products in today’s time include Fire TV, Kindle e-readers, Echo devices, and more. In India, the offices of Amazon are in Mumbai, Bangalore, Pune, Chennai and Gurgaon. 

  • Product Offered: Cloud Computing, Digital Streaming, Artificial Intelligence
  • Founder: Jeff Bezos
  • Founding Year:  1994

2. Alphabet

If you have heard of Google, you should know what Alphabet is. Alphabet is the parent company of Google. One of the best production companies in India that boast of a great work culture is none other than Google. The headquarters of Google is in Mountain View, California. It is also known as Googleplex. The Indian offices are in Kolkata, Bangalore, Pune, Gurgaon, Chennai, Mumbai and Hyderabad. Google Drive (the cloud) is one of the most popular products of Google. 

  • Products Offered: Android, Chrome, Gmail, Google Maps, Photos
  • Founder: Larry Page, Sergey Brin
  • Founding Year: 1998

3. Adobe

Adobe is an American multinational software company. The headquarters of Adobe are in San Jose, California. Adobe now works in the digital marketing software space as well. Some of the major products are Adobe Acrobat Reader, Adobe Photoshop, and more. 

  • Products Offered: Creative software and services for design, video, web, and more.
  • Founder: John Warnock and Charles Geschke.
  • Founding Year: 1982.

4. Informatica

Informatica is one of the most popular software companies. The headquarters of Informatica is in Redwood City, California. Informatica focuses on data integration. The offices of Informatica in India are in Bangalore, Hyderabad and Mumbai. The major products of Informatica include Informatica Data Quality, Data Protection, and more. 

  • Products Offered: Enterprise cloud data management and integration software.
  • Founder: Gaurav Dhillon.
  • Founding Year: 1993.

5. Intel

Intel is one of the largest semiconductor chip producer units. It is also the largest producer of microprocessors which form an important part of PCs. Some of the popular products include graphics chips, semiconductor chips, and more. The offices of Intel in India are in Bangalore and Hyderabad. 

  • Products Offered: Computer processors, motherboards, and other hardware components.
  • Founder: Robert Noyce and Gordon Moore.
  • Founding Year: 1968.

6. PayPal

PayPal is one of the leading companies for online payment. The company aims to reduce any unnecessary problems with money transfers and cheques. The official headquarters of PayPal are in California. PayPal aims to develop a strong engagement hold over the Indian market. They believe their engagement policies will eventually help. The online payment gateway by PayPal is one of the most popular products. It facilitates international transactions. 

  • Products Offered: Online payment services and digital wallets.
  • Founder: Max Levchin, Peter Thiel, and Elon Musk.
  • Founding Year: 1998.

7. Apple

Apple truly puts forth the story of from-rags-to-riches. It was established in 1976 by Steve Wozniak, Steve Jobs, and Ronald Wayne. Currently, it stands at the top being the largest information technology company. Every other day, you will come across news articles about Apple. The company always breaks another tech barrier. The headquarters of Apple is in Cupertino, California. 

  • Products Offered: Consumer electronics, including smartphones, computers, and wearable devices.
  • Founders: Steve Jobs, Steve Wozniak, and Ronald Wayne.
  • Founding Year: 1976.

8. Uber

Established in 2008, Uber is one of the most popular companies around the world. The branding and marketing of Uber are extremely cool. Uber has made it possible for people to move from one part to another. Some of the popular Uber product launches include two wheels, four wheelers, and more. Uber aims to make riding safe for every passenger. Uber believed in the theory of re-imagination. The team believes that the reimagination will never finish. 

  • Products Offered: Ride-sharing and transportation services.
  • Founder: Travis Kalanick and Garrett Camp.
  • Founding Year: 2009.

9. Flipkart

Flipkart is one of the leading Indian product-based companies. What started as a small office in Bangalore, grew to become a tech giant not only in India but the entire country. The rise of Flipkart was said to be the answer to Amazon. As a tech giant, Flipkart sells consumers groceries, home essentials, electronics and more. Currently, Flipkart is venturing into UPI-based mobile payment from their app only. 

  • Products Offered: Online marketplace for retail and wholesale goods.
  • Founder: Sachin Bansal and Binny Bansal.
  • Founding Year: 2007.

10. Intuit

If you want to establish your career in the technology sector in the initial stages, Intuit can help. Intuit offers software such as a tax preparation app and personal finance app. This includes TurboTax and Mint simultaneously. You can easily establish a career in this sector. Currently, there is only one office of Intuit in India. That’s in Bangalore. 

  • Products Offered: Financial management and accounting software for individuals and small businesses.
  • Founder: Scott Cook and Tom Proulx.
  • Founding Year: 1983.

11. Salesforce

Salesforce headquarters are in San Francisco, California. Offices in India are in Gurgaon, Hyderabad, Bangalore, and Mumbai. Salesforce is one of the best companies to work for in India. They guarantee complete employee satisfaction. Some of the major products are Platform, Marketing Cloud, Sales Cloud, and more. 

  • Products Offered: Customer relationship management (CRM) software.
  • Founder: Marc Benioff, Parker Harris, Dave Moellenhoff, and Frank Dominguez.
  • Founding Year: 1999.

12. Cisco

Cisco is often hailed as the world’s best product company with its routers and more. They are also quite popular in the market for cybersecurity and switches. In 2021, Fortune ranked Cisco as one of the leading companies. They provide the best employee satisfaction. In India, the offices of Cisco are in Kolkata, Hyderabad, Chennai, Mumbai, Bangalore and Pune. If you want to pursue a career in the Cloud Computing sector, Cisco can play an important role. 

  • Products Offered: Networking hardware and software solutions.
  • Founder: Leonard Bosack and Sandy Lerner.
  • Founding Year: 1984.

13. VMWare

VMWare Inc. is one of the popular American companies. They are known for cloud computing and virtualisation innovation. The headquarters of VMWare is in California. VMWare as an organisation aims at virtualising the x86 microprocessor architecture. The offices of VMWare in India are in Chennai, Pune, and Bangalore. Some of the popular products of VMWare include vRealize Suite, VMware Fusion, and more. 

  • Products Offered: Virtualisation software and cloud computing solutions.
  • Founder: Diane Greene, Mendel Rosenblum, Scott Devine, Edouard Bugnion, and Edward Wang.
  • Founding Year: 1998.

14. Hewlett-Packard

We all are familiar with the name HP. Do you know their full form is Hewlett-Packard? Established in Palo Alto, California, Hewlett-Packard is popular for manufacturing hardware components. HP products are manufactured across different industries such as IT, health, and education. The HP offices are located in Hyderabad and Bangalore. The HP outlets are located all around the country. The outlets of HP are in Gurgaon, Mumbai, Kolkata, Bangalore, Lucknow, and more. If you’re in the hardware part of the IT sector, you can always establish your career with HP. 

  • Products Offered: Personal computers, printers, and other technology hardware.
  • Founder: Bill Hewlett and Dave Packard.
  • Founding Year: 1939.

15. Amdocs

One of the leading multinational corporations in Israel is Amdocs. They have their headquarters in Missouri. The company focuses on developing services for software services and communication. Amdocs has recently been recognised by the Carbon Disclosure Project. The report stated they are an ideal workplace for the future. Amdocs offices in India are at Gurgaon, Pune, and Mumbai. Some of the specialisations of Amdocs include customer relationship management and telecommunications. 

  • Products Offered: Telecommunications software and services.
  • Founder: Morris Kahn and Boaz Dotan.
  • Founding Year: 1982.

16. Oracle

Oracle is recognised as the second-largest software company in the world currently. They not only have high market revenue but also great market capitalisation. The company sells cloud-engineered systems and database management systems. The offices of Oracle are in Bangalore, Pune, Chennai, Mumbai and Bangalore. Some of the major products of Oracle include Oracle Rdb, MySQL, and Oracle NoSQL. 

  • Products Offered: Database software and technology solutions.
  • Founders: Larry Ellison, Bob Miner, and Ed Oates.
  • Founding Year: 1977.

17. IBM

One of the most common questions is whether IBM is a product-based company. Well, it is. IBM stands for International Business Machine Corporation. They have been catering to the needs of customers since the 1880s. It is one of the first product-based companies in India. 

  • Products Offered: Technology hardware, software, and consulting services.
  • Founder: Charles Ranlett Flint.
  • Founding Year: 1911.

18. BMC

BMC offers services across different domains such as service management. They also offer IT operation, automation, and cloud computing. Their headquarters are in Houston, United States. The offices of BMC in India are in Pune, Delhi, Mumbai and Bangalore. The major BMC products include Helix Suite and Control-M Software. 

  • Products Offered: IT solutions and services, including cloud computing and digital transformation.
  • Founder: Scott Boulette, John Moores, and Dan Cloer.
  • Founding Year: 1980.

19. Zoho

Zoho Corporation Private Limited is one of the leading product-based companies. They are an Indian company making their mark globally. The foundation of Zoho was laid in 1966 by Sridhar Vembu and Tony Thomas. Their headquarters are in Chennai, Tamil Nadu India. Another headquarters is in Pleasanton, California. The company provides services and software for web-based business tools. 

  • Products Offered: Web-based business software, including CRM, project management, and more.
  • Founder: Sridhar Vembu and Tony Thomas.
  • Founding Year: 1996.

20. Netflix

In recent times, Netflix has been one of the leading entertainment platforms in the world. Netflix was established in 1997. It ended Blockbuster with technology and innovation. They only have one office in India Mumbai. 

  • Products Offered: Video streaming services and original content production.
  • Founder: Reed Hastings and Marc Randolph.
  • Founding Year: 1997.

21. Atlassian

Atlassian is a software company that develops a wide range of products. Their target audience is software developers and project managers. The flagship product is Jira, a prominent project management tool. 

  • Products Offered: Collaboration software for teams, including messaging, file sharing, and more.
  • Founder: Stewart Butterfield, Eric Costello, Cal Henderson, and Serguei Mourachov.
  • Founding Year: 2013.

22. Meta

Meta is one of the leading product-based companies ruling the Indian market. This social networking site was created by Mark Zuckerberg. As of now, the platform has more than 2 billion users. The prominent products of Facebook include Facebook, Instagram, WhatsApp, and more. 

  • Products Offered: Social media platforms and related technologies.
  • Founder: Mark Zuckerberg, Andrew McCollum, Eduardo Saverin, Chris Hughes, and Dustin Moskovitz.
  • Founding Year: 2004.

23. Rockstar Games

Rockstar Games has created a wide range of games in the past few years. Their headquarters are in New York. Rockstar Games has an office in India in Bangalore. Grand Theft Auto V is one of the most prominent products of Rockstar Games. 

  • Products Offered: Video game development and publishing.
  • Founder: Sam Houser, Dan Houser, Terry Donovan, and Jamie King.
  • Founding Year: 1998.

24. McAfee

The headquarters of McAfee is in Santa Clara, California. They develop antivirus products for computers. Their India offices are in Bangalore and Mumbai. Some of the major products by McAfee include McAfee Change Control, McAfee Dat Reputation, and more. 

  • Products Offered: Cybersecurity software and services.
  • Founder: John McAfee.
  • Founding Year: 1987.

25. Slack

Slack is a major collaboration hub that brings a wide range of opportunities for people. Their platform allows teams to collaborate, communicate, and work on a task. It is a technology platform that offers an enterprise-grade environment for growth. 

  • Products Offered: Collaboration and communication software for teams.
  • Founder: Stewart Butterfield
  • Founding Year: 2013

Also Read: Rising to the Top: Successful Entrepreneurs in India and their Net worth

Shaping the Future

India has a thriving ecosystem of product-based companies. These companies are making their mark on the global stage. There are technology giants and startups in the same ecosystem. These companies are creating world-class products that are driving innovation and growth.

Also Read Innovative, low-investment ideas for the hidden entrepreneur in you! Explore our guide on Business Ideas.

Frequently Asked Questions (FAQ’s)

What are product-based companies?

Product-based companies are organisations that develop and manufacture tangible products, which are then sold to customers to generate revenue. These companies typically invest heavily in research and development to create innovative, high-quality products that meet the needs and preferences of their target market. Product-based companies may operate in a variety of industries, including technology, consumer goods, and manufacturing.

Is TCS a product-based company?

Tata Consultancy Services (TCS) is primarily a service-based company that provides IT services, digital and business solutions, and consulting services to clients around the world. While TCS also develops some proprietary software products, the majority of its revenue comes from providing services rather than selling products directly to customers.

Is Accenture a product-based company?

Accenture is primarily a service-based company that provides management consulting, technology services, and outsourcing services to clients in a variety of industries. While Accenture does develop some proprietary software products, the majority of its revenue comes from providing services rather than selling products directly to customers.

Is Deloitte a product-based company?

Deloitte is primarily a service-based company that provides audit, consulting, financial advisory, risk management, tax, and other services to clients in a variety of industries. While Deloitte offers some proprietary software products, most of its revenue comes from providing services rather than selling products directly to customers.

Is HCL a product-based company?

HCL Technologies is a hybrid company that provides both IT services and products. While the company generates significant revenue from providing IT services such as software development, consulting, and infrastructure management, it also offers a range of proprietary software products such as DRYiCE, HCL Commerce, and HCL Domino.

Other Related Reads

To read more related articles, click here.

Got a question on this topic?

Related Articles