20 Top IT Companies in India in 2024

February 26, 2024
top it companies in india

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The tech industry in India is projected to grow by 3.8% in FY24 – Nasscom. Feb 16. In the dynamic landscape of India’s technology sector, exploring the top IT companies in India becomes essential for individuals and businesses seeking innovative solutions and groundbreaking services.

The 2020 Global Innovation Index found India to be the biggest IT exporter globally. Top IT companies in India are investing heavily in upskilling their workforce. The average learning hours per employee annually at TCS alone is 121 hours.

The digital ecosystem of India seems to be growing at a rapid pace. There has been an increase in tech-based startups working to make education, healthcare, and other essentials accessible through technology.

The ease of UPI adoption is a good example to understand the digital growth of India. In 2022, India beat China as the country with the highest real-time digital payments by 30 billion transactions.

The IT companies in India are leading the world in digital innovation, integration, and automation.

Top IT Companies in India

Between 2023 and 2024, Indian tech companies filed 41,010 patents tech patents. Some of the top IT companies in the world today are based out of India. IT companies in India are leading the digital revolution. They are working on developing AI/ML technologies and expanding cloud computing.

Working with national and global companies, these tech giants are bringing sustainable digital evolution to the forefront. They are helping businesses transform their processes and enhancing user experience. These Indian IT giants are now some of the Top IT companies in the world.

Here is a list of top IT companies in India that are bringing a robust digital ecosystem to the world are

1. Tata Consultancy Services (TCS)

Established in 1968, TCS is the 2nd most valuable IT company in the world today. With a
diversified workforce spread globally, TCS is the largest IT company in India, in terms of revenue and capital. They offer a variety of IT services to their customers including

  • Cloud computing
  • Cybersecurity
  • Data and analytics
  • Cognitive business operations
  • Enterprise solutions
  • IoT

2. Infosys

An NYSE-listed IT services company, Infosys took the Indian IT industry to the global market. Its 40 years have been marked by feats of innovation with an experienced workforce. Headquartered in Bengaluru, Karnataka, their annual revenue is reportedly USD 17.94 billion. Some of their well-known clients include

3. Wipro

One of the top IT companies in the world, Wipro is spread over 66 countries globally. Wipro started as a vegetable oil manufacturer 75 years ago. Today it is one of the leading technology consulting brands to grow out of India. They provide AI, Cloud, outsourcing services, and other digital solutions to global clients like

  • Indian Bank
  • Thomas Cook
  • BNP Paribas
  • Zensar Technologies
  • Emerson Electric Co

4. HCL Technologies

With above 2000 patents, HCL is a tech industry innovation driver. They offer end-to-end digital solutions to clients in over 60 countries. Founded by Shiv Nadar in 1976, the company today boasts 222,000 employees. Their services and solutions include.

  • Application support and maintenance
  • Data and analytics
  • SaaS
  • Supply Chain Management
  • Digital workplace
  • Hybrid cloud
  • Enterprise Applications

5. Tech Mahindra

Tech Mahindra is one of the top IT companies in the world driving sustainable innovation. In 2018, Forbes listed them as one of the top 15 companies shaping the digital economy. Their IT capabilities span.

  • Cloud services
  • Digital Supply Chain
  • SAP
  • Oracle
  • Business process and excellence services
  • Intelligent Automation

6. eSparkBiz

Quality is key to this company’s 12 years of success in delivering custom web solutions. Their unique customized solutions have made them one of the top IT companies in India today. They provide services such as

  • AI/ML
  • AR/VR development
  • SaaS
  • UI/UX designs
  • IoT
  • Web and mobile app development
  • Custom Software development

7. LTIMindtree

Any IT companies list would be incomplete without both Mindtree and Larsen & Turbo. Larson & Turbo Infotech Mindtree Ltd became one company after a merger in November 2022.

LTIMindtree aims to bring cutting-edge technology to its customers worldwide. Their team of 90,000 under the leadership of CEO Debashis Chatterjee has gained them a revenue of USD 4 billion.

Their expertise lies in the following

  • Cloud and infrastructure services
  • Blockchain
  • Digital Integration
  • Process Automation
  • Cybersecurity
  • Data & Analytics
  • Oracle & SAP

8. Mphasis Ltd

Established in 1998, the company reached its first USD 1 billion in revenue in 2010. Davinder Singh Brar and 10,000+ Mphasis employees provide top-of-the-line services in

  • DevOps automation
  • Blockchain
  • Cloud
  • Business process services
  • Cyber security
  • Applied Technology

9. Hexaware Technologies Ltd

Atul Nishar established one of the top IT companies in the world in 1990. With branches spread over Asia, America, Europe, and the Middle East, the company’s revenue is USD 1.2 billion.
Their 24,166 employees provide unique IT solutions such as

  • IT Consulting
  • Cyber security
  • Data and analytics
  • Business process
  • Cloud

10. Cognizant

Kumar Mahadeva and Francisco D’Souza’s brainchild, Cognizant was established in the year 1994. As one of the leading IT companies in the world, they help their clients expand their digital solutions into

  • Application Services
  • IoT
  • AI
  • Cloud solutions
  • Intelligent process automation

Their USD 19.4 billion revenue comes from several clients like Remy International, Etex, Telus Health and KeyBank.

A Part-time Job that Pays like Full-time | top it companies in India

11. Persistent Systems

In 1990, Anand Deshpande laid the foundation for one of the top 50 IT companies in India in Pune. With a revenue of USD 766 million, Persistent Systems has now expanded to cities in the Americas, Europe and Asia. They offer robust IT solutions such as

  • Digital strategy
  • Digital design
  • Intelligent automation
  • CX transformation
  • Application development
  • Enterprise integration

12. Hyperlink Info System

Harnil Oza established Hyperlink in 2011. Today the company has offices in the USA, UK, UAE and Australia. They are experts in

  • Mobile App Development
  • Web and CMS development
  • Blockchain
  • Game development
  • AI and ML
  • IoT
  • DevOps
  • Ecommerce Development

The quality of their work has gained them clients like Cartoon Network, Google, and Disney. Other customers that have worked with them include SBS Discovery, Viacom International and Tata Power.

13. HData Systems

Harnil Oza’s other big venture in the IT services sector was established in 2019. HData systems are focused on providing new-age technological solutions such as

  • Data Science
  • AI / BI / ML
  • Chatbots
  • Deep learning
  • Predictive Analytics

Just like Hyperlink, HData aims to be one of the finest IT companies in the world.

14. Datamatics

Dr. Lalit Kanodia founded Datamatics in 1975. The company has expanded from data management services over the years to include

  • Application management
  • Cloud services
  • AI
  • Robotic process automation
  • Digital transformation
  • Business intelligence

Spread over the USA, Europe and the Asia Pacific they boast a list of clientele such as

  • Free Law Project
  • AccessFares
  • Harris Teeter
  • ICICI Bank
  • Unilever
  • Emkay Global Financial Services Limited

15. Cybage

Established in Pune in 1995 by Arun and Ritu Nathani, Cybage is one of the top IT companies in India. Spread over India, the US, Europe, and Australia the company boasts a revenue of INR 1,106 crore. They provide CRM, Cloud, enterprise mobility, and other customized solutions to organizations such as

  • Place Exchange
  • Ampush Media INC
  • Expolanka
  • GroupM Analytics
  • Intel
  • Rakuten
  • Maersk

16. Birlasoft

CK Birla Group entered the IT sector with Birlasoft’s incorporation in 1990. Headquartered in Pune, the company has offices in the Middle East, Europe, Asia and the Americas. As one of the top 50 IT companies in India, they provide several new-age digital solutions such as

  • Data Analytics
  • Intelligent Automation
  • Cloud
  • Blockchain
  • Cloud
  • Testing

17. WNS

With clients such as Virgin Atlantic, United Airlines and M&T Bank, WNS has become one of the top IT companies in India. CEO Keshav R. Murugesh and the company’s 57,994 employees work tirelessly to digitally transform the business sector with solutions like

  • BI
  • Embedded Analytics
  • HR Analytics
  • Fraud and Risk Analytics
  • Workforce Management
  • Blockchain

18. KPIT Technologies

Founded in 1990, Ravi Pandit and Kishor Patil together created one of the leading IT companies in India. With the Peshwa city of Pune as its headquarters, KPIT has grown its expertise in

  • Autonomous Driving and ADAS
  • Connected Vehicle
  • Digital connected solutions
  • Vehicle diagnostics
  • Cybersecurity compliance

A 10,000-strong and passionate workforce has contributed to KPIT’s 51 patents and 25 innovation awards.

19. Zensar Technologies Ltd

One of the top IT companies in the world, Zensar boasts a clientele of 147 global organizations. Their 11, 500 employees deliver digital transformation solutions such as

  • Cloud Strategy
  • Digital Engineering
  • AI/ML
  • Oracle and SAP services

20. Sonata Software

Established in 1986 in Bengaluru, the company has registered offices in Asia, Australia & New Zealand. Sonata also has offices in the Middle East, the USA, and Europe. One of the top IT companies in the world, Sonata partners with technology leaders like

  • Microsoft
  • Amazon
  • Google

They provide a comprehensive tech ecosystem to their clients. Their services include

  • AWS and Google Cloud service
  • Data & Analytics
  • Azure services
  • AI/ML
  • Blockchain capabilities

Also Read: Top 12 IT Courses That Will Help You Stand Out

Company NameYear EstablishedRevenue (USD)Key ServicesNotable Clients
Tata Consultancy Services (TCS)1968DiversifiedCloud Computing, Cybersecurity, Data analytics and IOT.Various Global Enterprises
Infosys198117.94 billionIT services, Consulting, Digital transformation, OutsourcingGlobal corporations across various industries.
Wipro1945VariesAI, Cloud Services, Outsourcing, Digital solutions.Indian Bank, Thomas Cook, BNP Paribas, Emerson Electric Co.
HCL Technologies1976VariesApplication support and maintenance, Data and analytics.Various global enterprises
Tech Mahindra1986VariesCloud Services, Digital Supply Chain, SAP, Oracle.Various Global Corporations.
eSparkBiz2010VariesCustom web solutions, AI/ML, AR/VR development, SaaS.Varies
LTIMindtreeMerged in 20224 billionCloud and infrastructure services, Digital IntegrationVaries
Mphasis Ltd1998VariesDevOps automation, Blockchain, CLoud, Business process servicesVaries
Hexaware Technologies Ltd19901.2 billion IT Consulting Cybersecurity, Data and analyticsVaries
Cognizant199419.4 billionApplication Services, IoT, AI, CLoud solutionsRemy International, Etex, Telus Health, KeyBank.
Persistent System1990766 millionDigital strategy, Intelligent automation, Application developmentVaries
Hyperlink Info System2011VariesMobile App Development, Web development, BlockchainCartoon Network, Google, Disney
HData System2019VariesData Science, AI/BI/ML, Chatbots, Predictive Analytics.Varies
Datamatics1975VariesApplication management, Cloud services, AI, Robotic process automation.Varies
Cybage19951,106 croreCRM, Cloud, Enterprise mobility, Customized solutionsVarious global corporations
Birlasoft1990VariesData Analytics, Intelligent Automation, Cloud, TestingVaries
WNS1996VariesBI, Embedded Analytics, HR Analytics, Blockchain.Virgin Atlantic, United Airlines, M&T Bank
KPIT Technologies1990VariesAutonomous Driving and ADAS, Connected Vehicle, CybersecurityVaries
Zensar Technologies Ltd1991VariesCloud Strategy, Digital Engineering, AI/ML, Oracle and SAP ServicesVaries
Sonata Software1986VariesAWS and Google Cloud service, Data & Analytics, Azure Services.Various global enterprises.

Indian IT Companies are Leading the Tech Revolution

The IT companies in India are proving to be major global digital revolution players. The 2024 projected growth rate of 3.8% by Feb 2024 indicates a rapid expansion of the sector, thanks to the fastest-growing Indian IT giants like TCS and Wipro, along with newcomers like HData and Hyperlink.

These companies are driving innovation, integration, and automation in the tech sector. This has resulted in the fast-paced expansion of services to new tech. Start-ups are investing heavily, to make essentials like healthcare and education more accessible to all, through the use of technology.

Indian IT companies are striving tirelessly towards a sustainable and digital tomorrow. Moreover, IT companies in India are proving to be resilient to the downturn in the international Tech sectors. The industry is also making significant strides in creating more employment opportunities. Over 4.5 lakh new tech jobs were added in the last year alone.

Top IT companies in India have reported the highest-ever market share in five years. Hence, India’s IT industry is well-positioned to remain at the forefront of the digital revolution.

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Frequently Asked Questions (FAQs)

Who is the No. 1 IT company in India?

Tata Consultancy Services (TCS) is widely regarded as one of the top IT companies in India. TCS is a multinational IT services and consulting company headquartered in Mumbai, India. However, please note that the rankings and positions of IT companies may change over time, so it’s always a good idea to refer to the latest information for the most up-to-date assessment.

Which IT companies give the highest salary in India?

Several IT companies in India are known for offering high salaries to their employees. Some of the companies that are often associated with competitive salary packages include Google, Tata Consultancy Services (TCS), Infosys, Wipro, HCL Technologies, Accenture, Capgemini, IBM India, and Cognizant Technology Solutions. However, it’s important to note that salary structures can vary based on factors such as job role, experience level, location, and individual negotiations.

Which is a high-profit IT company in India?

Tata Consultancy Services (TCS) is a high-profit IT company in India. Tata Consultancy Services provides IT consultancy services across 46 countries. With a net profit of INR 38,327 crores in 2022. As one of the largest IT services and consulting firms, TCS has consistently reported strong financial performance and high profit margins. It has a significant market presence both in India and globally, serving clients across various industries.

Which job in IT is the highest paid?

Data Scientists and Artificial Intelligence (AI) Engineers are among the highest-paid IT job roles. Data scientists analyze complex data to extract insights and have a salary range of 4.4 lakhs INR to 24.5 lakhs in India. While AI engineers design and develop AI systems. And they have a salary range of 8.7 lakhs to 19 lakhs per year. Both roles are in high demand due to the increasing reliance on data-driven insights and AI technologies. These professionals often receive attractive compensation packages due to their specialized skills and the value they bring to organizations.

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