Top 10 IT Companies in India 2023

Indian economy is one of the biggest economies in the world. Along with this, it is showing instant growth in the last few decades and that is amazing. The main reason behind the growth of the economy is the IT, manufacturing, gas agency and beverages industries.

The growth of the economy is directly linked with market capitalisation. The IT sector contributes a large part of it the growth of the economy.

IT stands for information technology. In India, this IT sector has a vivid space that is not only providing the economy with market capitalisation but also is working to enhance Job opportunities.

In today’s article, we are going to discuss the top 10 IT companies in India. We will see what structure they have and how many job opportunities they are providing.

Table of Contents

• List of Best IT Companies in India
  • 1. TCS (Tata Consultancy Services)
    • Facts that Everyone Should know About TCS
  • 2. Reliance Industries Ltd (RIL)
  • 3. Infosys
  • 4. HCL Technologies
    • Interesting Facts about HCL
  • 5. Wipro
    • Interesting Facts About Wipro
  • 6. Tech Mahindra Ltd
  • 7. Larsen and Toubro Infotech Ltd
    • Interesting Facts about Larsen and Toubro Infotech Ltd
  • 8. Mphasis Ltd
  • 9. Mindtree Ltd
  • 10. ORACLE FINANCIAL SERVICES SOFTWARE INDIA
    • Why Banks Use ORACLE
• Conclusion
• FAQ on Top 10 IT Companies in India

List of Best IT Companies in India

1. TCS (Tata Consultancy Services)

Tata consultancy services are one of the top Indian multinational companies which are providing almost 4 lakh crores of revenue to market capitalization.

It is working in the business solution and information technology service field. When it comes to observing market capitalisation and revenue, Tata consultancy services is supposed to be the biggest Indian company for these.

TCS was given a place in Fortune India. It was in 10th position out of the 500 listed. Along with that, it successfully secured 64th rank as an innovative company via Forbes.

Tata consultancy services have its headquarters in almost 46 countries where almost 3,78,500 people are employed. This is how we can assume that this company is providing people with good job opportunities on a large scale.

In India, TCS has its headquarter in Mumbai, Maharashtra. If we talk about the net worth or income of the company, we will see the statistics of 89,603.67,00,00,000 rupees.

Even today, TCS, Tata consultancy services is being one of the world largest platforms to employ the people. There are great opportunities for the technical people in terms of their career and good lifestyle.

Facts that Everyone Should know About TCS

So, we all are aware of the fact that TCS is a leading global IT services consulting and business solutions organisation. The company traces its history since 1968 by founder Kohli and Tata.

Nowadays Tata indulges in every product we use in the present time. It is India’s most respected business conglomerate because of its core policies like unity, integrity, excellence, responsibility and pioneering.

Investment in Startups: There are many start-ups TCS has invested in. Tata investment helped these companies raise their profit and funds. Tata is a giant and progressive company with the best strategy for growth and investment.

Collaboration with Indian Posts: TCS collaborate with the Indian post in 2019 which is 165 years old postal services but currently, it made a headline.

It is working on a new and modern revenue stream so that it becomes a multi-digital hub and it has been done through 1,30,000 DARPAN (digital advancement of a rural post office for a new India) handheld devices for Gramin Dak Sevaks.

Humiliation with Food: The company went through bad times in 1998 and faced challenges due to huge losses and it decided to sell Tata’s car business to Ford in 1999. Eventually, an incident with a ford official changed the course of history and led to the cancellation of the deal.

The industrialist gets humiliated because they are not much aware of the car business but they overcome this in 2008 by successful bought Ford’s, Jaguar and land rover.

Several Employees: The company has been ranked as the number one top employer in Europe Asia Pacific etc. According to the sources TCS has the largest number of people working in the US with 54874 employees.

Contribution in Education Sector: Recently TCS announced the launch of ‘Ignite my future in school’. An initiative to use computational thinking to transform education now it’s target to start computer science within the content of subjects like English, mathematics, science, social studies and arts.

Award and Recognition: It received the overall most outstanding company in India by Asia Money’s 2019 Asia’s outstanding company poll.

TATA Nano Discontinuation: It’s created a car that is cheap enough for Indian families to trade in their motorbike but it’s raised as a loss-making model.

Aid For Cancer Patients: Recently it is planning to build new cancer hospitals and community health centres. TCS is always at the forefront.

Research and Development: TCS established the first-ever software research centre in Pune. Tata research development and design centre (TRDCC) researches software engineering, process engineering and machine learning. one more project is going on formerly known as Sujal.

Donation to Harward Business School: TCS and SBS became the largest donor ever in the schools in 102 years of history. They donated 220 crores to HBS from Dorbaji Tata Trust and Tata educational and development trust.

2. Reliance Industries Ltd (RIL)

Reliance Industries Ltd is one of the biggest multinational companies in India and it was founded in 1966. Reliance Industries is owned by Mukesh Ambani who is not only the richest person in India but also he is the richest person in Asia.

This company has its basis for petroleum, natural gas, petrochemical, clothing, telecommunication and media. It is continuously growing and this is why it is contributing almost 4 lakh crore (4,59,006.5 crore) rupees to market capitalisation. Fortune Global has given a place to reliance industries Ltd out of 500 multinational companies listed in it.

Almost everyone among us has not only just listened about Jio but also using the services of the same. We can already see the vivid network of Jio in our day to day life. Jio is a part of the reliance industries and almost 23 crore people are getting the benefits of Jio service.

3. Infosys

Infosys has almost 2,28,000 employees working in it and it has been listed among the top IT companies in NYSE. Infosys was founded in 1981 and it is a global consulting and IT services company where a large number of people are seen to be employed.

In India, it is the second-largest IT company out of the top 10 IT companies in India 2020.

Infosys has its headquarter in Bangalore India. It has more than 30 headquarters all around the world.

Infosys provides software services and NR Narayana Murthy is the co-founder of Infosys.

Infosys won the global make award in 2003, 2004 and 2005. Infosys became the only company to win this award and this is why it was given the prestigious Global Hall of Fame as an encouragement.

Infosys was founded in 1981 and after two years of its existence, in 1983 the headquarter of Infosys was established in Bangalore Karnataka.

4. HCL Technologies

HCL Technologies is one of the most important multinational IT companies in India which is having its expertise in information technology and advice.

HCL has its headquarter in Noida, Uttar Pradesh.

The basics of HCL technologies is in IT services and IT consulting. HCL Technologies was established on 11 August 1976 by Shiv Nadar.

Roshni Nadar Malhotra is the chairman of HCL technologies. You can get the services of software development, outsourcing consulting managed services, Financial services, manufacturing, telecommunications, publishing, entertainment, media, retail and CPG, life science and healthcare, oil and gas, energy and utilities, travel, transportation and logistics and government by HCL technologies.

HCL Technologies has its headquarters in more than 32 countries including the United Kingdom, United States of America, Germany and France.

Interesting Facts about HCL

Technology: With the advent of technologies, it is getting profitable day by day. The revenue of HCL is about to $ 2 million.

Employee First Customer Second: Here employees have full freedom to share their thoughts and opinions and give decisions.

Development of Women First Council: A website launched by NASA was a women exclusive website.

Directions: Here everyone is allowed to speak in the same language for their mutual understanding.

02 League of Extraordinary: 02 is a system for those employees who work for more than two years are given promotions and rewards.

MITR Council: It provides helping hands to all those working with HCL and it’s running 24×7.

5. Wipro

In India, Wipro is the third-largest Indian top IT company in terms of ranking. Wipro Ltd was founded in 1945 by Azim Premji. The headquarter of the company is in Bangalore, Karnataka. Wipro got its route from a little oil company and from there, it started to grow on a large scale.

At the current time, the net income of Wipro is $7 billion. Azim Premji is the chairman of Wipro. Today, Wipro Ltd is one of the most successful technology companies in India and the world.

In the initial time, when Wipro Ltd was established for the first time, nobody had thought that after some days, it would become the most advanced information technology company in India.

The concept of digitalisation is properly being fulfilled by Wipro Ltd and the company is successfully providing its services in cognitive computing, hyper-automation, robotics, cloud, analytics and emerging technologies.

These services are helping the clients to get into the digital world and make it easy for daily living.

The company has a broad scale of opportunities and almost over 1 lakh 60 thousand people are employed in Wipro Limited. These people are dedicatedly providing their services to make Wipro more comprehensive and sustainable.

Interesting Facts About Wipro

Beginning: The company was mainly based on vegetable oil.

The Consumer Market: Wipro is also working in the lightning business and makes vehicles and other products like Kisan, sunflower is leading products in the Indian market.

The Young Leadership: The young leader was responsible for the tremendous growth of the company after the sudden death of Senior Premji his son Azim Premji handled all the things perfectly at the age of 21 and he took the company to the next level.

The Name Game: When Wipro entered the IT business the name changed from Western India vegetable Products’ to WIPRO and later it’s again renamed as Wipro Limited.

The Group of Companies: As the sector grew in size the company later diversified it and now an accumulation of four different companies Wipro limited, Wipro consumer care and lighting, Wipro infrastructure engineering and Wipro medical system.

6. Tech Mahindra Ltd

Tech Mahindra is one of the most successful IT companies among the top 10 IT companies of India. Tech Mahindra ranks third in terms of manufacturing the best tractors in the world.

Tech Mahindra is not only manufacturing the best quality tractors but also is representing itself as a great contributor to the market capitalisation. This company was established in 1945 as Mahindra and Mohammed.

After the partition of India, Ghulam Muhammad went to Pakistan where he became the 1st finance minister of the nation in 1948. After that, the name of the company was changed from ‘Mahindra and Mohammed’ to ‘Mahindra and Mahindra’.

Tech Mahindra is one of the biggest IT companies in India having the aim of providing technology to rural India. With this goal, the company has adopted itself in various fields and it is providing its services in automotive, form instrumental, financial services, aftermarket, information technology, speciality business, trade, retail and logistics.

This company has its history of origin as 62 years and it is having a great experience of technological development. With this, Tech Mahindra Ltd is having a base in technology, engineering, marketing and finance.

Around seven lakh and 50,000 people are dedicatedly working in Tech Mahindra and they are continuously giving their contribution to the growth of this global tractor manufacturer firm.

7. Larsen and Toubro Infotech Ltd

Larsen and Toubro Infotech Ltd is a multinational Indian company. It has its headquarter in Mumbai, Maharashtra. Larsen and Toubro Infotech Ltd are working all around the world and it has a large network of its industries all over the world.

This company is working in more than 30 countries in the world.

This company was established by two Danish people, Henning Holt Larsen and Soran Christian Toubro in 1938. In the initial time, when this company was started, the company was working as a dairy farm.

After the second world war, this company was ultimately transformed into the IT sector as it had started the work of manufacturing and recovering ships.

Larsen and Toubro limited known as L&T, is an Indian multinational conglomerate, with business interests in engineering, construction, manufacturing technology and financial services.

Interesting Facts about Larsen and Toubro Infotech Ltd

Larsen and Toubro Infotech Ltd business are focused in North America; it has 70% of its revenues from the US, 18% from Europe and a balance of 12 % from the rest of the world.

Myinvestmentideas.com is the first blog in India that gives a complete review and indicates a ‘BUY recommendation for L & T Infotech IPO.

Larsen and Toubro Infotech Ltd Infotech is the 6^th largest IT service provider in India and among the top 20 IT service providers all over the world. It has 22 data centres and 44 sales offices across the world.

8. Mphasis Ltd

The headquarter of Mphasis is in Bangalore, Karnataka, India. Mphasis Ltd is an IT services company of India which provides its services in infrastructure technology and applications outsourcing services with some architecture guidance, application development & integration and application management services.

The basic function of the services of this company is in financial, telecom, logistic and technological industries.

In 2019, Mphasis Ltd was given 7th rank among the top IT companies of India and 189 ranks all over the world by Fortune India 500.

This company was founded in 2000 by Jerry Rao and Jeroen Tas. It is an IT company having 22,239 people employed in it.

In 2008, Hewlett-Packard confirmed a deal with Mphasis Ltd for the betterment of technological concepts and this deal was completed in August 2008.

Emphasis decided on a goal to enhance the quality of its business and stable and advanced technological concept and for this Mphasis changed its logo and brand name as Mphasis Unleash the next. The basic aim was to grow more than its parent Hewlett-Packard.

When it comes to the functional priorities of Mphasis, this company is an IT company that provides its services in information technologies to customers all around the world.

Mphasis has a large network of sales and delivery centres all over the world including India.

It has more than 60 sales and delivery centres in around 19 countries of the world including China, Australia, Japan, Europe and North America.

The current existence of Mphasis in India is in Hyderabad, Mumbai, Chennai, Pune, Bangalore and Bangalore.

9. Mindtree Ltd

MindTree Ltd is an Indian multinational IT and outsourcing company. Is has its headquarter in Bangalore in India and New Jersey, United States of America.

This company was established in 1999 and currently, it has around 21,991 people employed in it. This company is functional all over the world and it is providing the best services in the field of IT (information technology) and outsourcing to its clients.

This company is working in more than 18 countries with 43 headquarters and it is providing its services to its clients for e-commerce, mobile application, cloud computing, digital changes, data analytics etc.

In 1999, MindTree Consulting Private Limited was established by 10 IT professionals. In 2006, this company became a public IT company and it was listed in Bombay Stock change and national Stock change.

My entry started its better services in 2012 with the quotation “welcome to Sambhav” and established new recognition among the people.

MindTree Private Limited established its first American delivery Centre in 2012. Till 2017, the research and data showed its functioning and headquarters in more than 17 countries

10. ORACLE FINANCIAL SERVICES SOFTWARE INDIA

 It is also known as OFSS. It is the retail banking, corporate banking and insurance technology solutions provider for the banking industry. It is s a subsidiary of Oracle corporation.

It also introduces risk and compliance management and performance measurement applications as well as accounting business process management, human resources and procurement tools.

It was founded in 1990 by Rajesh Hukku and the CEO of the company is Chaitanya M. Kamat. Oracle financial services software India ranks number 9 in IT companies of India and overall rank number 253 in fortune India 500 list in 2011.

It is running successfully in 145 countries with more than 900 customers. Banks are using OFSS for their benefit.

Why Banks Use ORACLE

Oracle database is used by large financial corporations as a way to store, manage and update all sorts of data required for the administration of accounts, loans, financial sales etc.

Nowadays many banks use Oracle like HDFC, WESTPAC, KEYBANK, MKB bank.

It delivers a world-class customer experience that builds loyalty and drives growth.

Conclusion

Here is the list of the top 10 IT companies in India. These companies are intensively functioning to enhance the information and technological background. These companies are giving a great contribution to the economy and they are enhancing market capitalisation by their efforts.

They are setting an example for low-budget and initial companies and entrepreneurs who want to achieve something good in their life.

No doubt, these companies are providing us with a great technological aspect and we are getting benefit from them in terms of our daily lives.

It is now in a real sense that today’s word is the word of technology and this quotation is being fulfilled by the efforts of these top 10 IT companies of India. So, in this article, we have discussed some of the interesting and informational facts about these companies.

We hope that this article is going to work for you and it will provide you with the best pieces of advice and information. In case you have any queries remaining in your mind, do let us know in the comment section below.

FAQ on Top 10 IT Companies in India