Tell me about a day in the past two years when you haven’t made use of a single IT product? Starting from our smartphones to our television, we need technology every day. With our constant usage, the demand for this market has boomed in recent years. The Bureau of Labor Statistics reports that IT will observe a 12% growth between 2018 and 2028. This growth rate is more than the growth measured in any other profession. So, we can understand the demand for Machine Learning, Artificial Intelligence, and other aspects of digitalization are a part of our routine life now. so let’s see the top most IT companies in india and its revenues.
The growth in the I.T. sector is also giving rise to the I.T. industry. Moreover, there are so many small and big companies developing every day to meet the demand for information technology. However, if we talk about the leading companies, here is a list of the top ten that have made their way into the market.
1. Tata Consultancy Service
When you think of IT, the first name that clicks your mind is TCS. Founded in 1968 by Tata Sons, the company has marked its presence in 149 locations across 46 countries. It has over 242 branches across the globe, with 75 of them in India.
TCS deals with automation, Artificial Intelligence, the Internet of Things, Blockchain, Quality Engineering, Enterprise applications, Cloud Solutions, cognitive business operations, and much more.
Additionally, it treats its employees as a family. It provides free transportation, training, gymnasium, health insurance, educational assistance, cafeteria, and child care facilities to everyone working there.
Total Revenue (F.Y.2021): Rs 1,67,311 Cr
2. Infosys
Established in 1981 by Narayana Murthy, Infosys has 191 branches worldwide. It has its headquarters in Bangalore.
The company provides different services like blockchain, digital marketing, data analytics, consulting services, cyber security, cloud-based services, salesforce, testing, Internet of Things, application development, application modernization.
It’s been around 4o years that the highly-skilled team manages the global enterprises. Infosys became the first Indian IT company to get its name on NASDAQ.
Total Revenue (F.Y. 2021): Rs 1,02,673 Cr
3. HCL Technologies
Shiv Nadar founded Hindustan Computers Limited in 1976. Headquartered in Noida, HCL Technologies has over 180 branches worldwide.
The company uses digital technology transformation to re-imagine global businesses and grow them.
HCL divides its services into three different modes.
- Includes applications, BPO and Engineering, Infrastructure, R&D, DRYiCETM Autonomics.
- Includes digital Analytics, Cyber Security, GRC Services, Internet of Things, Cloud Services.
- It Includes innovative IP partnerships.
Total Revenue(F.Y. 2021): Rs 76,306 Cr
4. Wipro Limited
In 1945, Mohamed Premji established Wipro. He had no clue that it would make it to the list of top-five IT companies of India. It handles all the other 20 offices in different corners of the globe from its headquarter in Bangalore.
Wipro stands for Western India products. It helps you with data analytics, blockchain, application, consulting, cyber security, artificial intelligence, infrastructure services, digital operations & platforms, robotics, cognitive computing, hyper-automation, and much more.
Moreover, the company has a keen eye towards the need of the future. Hence, the employees work dedicatedly to meet the dots between the demand and the supply.
Total Revenue(F.Y. 2021): Rs 64, 325 Cr
5. Redington India Ltd.
R. Srinivasan founded Redington India Ltd. in 1993. The company started with one product category and one market. Today, it has its space in 30+ emerging markets.
Additionally, the services of Redington India Ltd. include Robotics, Big Data and Analytics, 5G Communications, the Internet of Things, Artificial Intelligence, and others.
Total Revenue(F.Y. 2021): Rs 47, 996 Cr
6. Tech Mahindra Ltd.
Who hasn’t heard about Anand Mahindra? He founded Tech Mahindra Ltd. in 1986. He established its headquarters in Pune. Today, it has over 182 branches globally, including 39 in India.
Talking about its services, Tech Mahindra covers SAP, digital supply chain, cyber security, network services. Other services include intelligent automation, artificial intelligence, testing services, cloud services, intelligent automation. Additionally, it provides innovative and customer-centric IT experiences.
The company has made it to the list of Fortune 500 companies. Moreover, Tech Mahindra also made it to the Forbes Global Digital 100 list and Forbes Fab 50 companies in Asia in 2018.
Total Revenue: Rs 38, 642 Cr
7. Larsen & Toubro Infotech Ltd.
Henning Holck-Larsen and Søren Kristian Toubro brought up Larsen & Toubro Infotech Ltd. in 1996. Since the past 25 years, the company’s success has grown exponentially. Because of this, Larsen & Toubro Infotech Ltd is among the top 10 IT companies in India. It has its headquarters in Mumbai and other 13 branches in India. In total, the company has 54 branches globally.
They help us with blockchain, application development, system integration, cloud services, next-generation workplace. Additionally, they can extend services on Information technology consulting and the Internet of Things. You can read more about smart IoT devices here.
The company served over 360 clients in the past 25 years. In addition to this, it has extended its operations in 30 countries.
Total Revenue (F.Y. 2021): Rs 12, 644 Cr
8. Mphasis Ltd.
In 1998, with the vision of Jerry Rao and Jeroen Tas, Mphasis Ltd. was established. It set up its headquarters in Bangalore. Along with this, Mphasis Ltd. has 17 branches in India among the 65 branches worldwide.
The company provides different services like DevOps Automation Services, blockchain, cyber security, business process services. Additionally, they also deal with next-gen IT operations, infrastructure services, among the many.
Total Revenue (F.Y. 2021): Rs 9,722 Cr
9. Mindtree Ltd.
Headquartered in Bangalore and New Jersey, Mindtree Ltd. was established in 1999. The company has four founders- Subroto Bagchi, Krishnakumar Natarajan, Ashok Sodha, and Anjan Lahiri. Its headquarter is in Bangalore, with 43 branches globally.
Additionally, Mindtree helps enterprises to achieve their goals with agility. For this, it assists them in improving their competitive performance.
Their services include data and intelligence, hyper-automated infrastructure and applications, information technology consulting . Moreover, their other services include digital security, enterprise application services, and cloud services.
Total Revenue(F.Y. 2021): Rs 7,839 Cr
10. Hexaware
Atul Nishar founded Hexaware Technologies Ltd. in 1990. He established the headquarters of the company in Mumbai. At present, there are 12 branches of Hexaware in India and a total of 33 worldwide.
Hexaware’s primary services include cloud services, API & integration, Internet of Things, data modernization, data visualization, autonomous testing. Along with these, marketing operations, technology advisory & consulting, and application security assurance are in their forte.
Moreover, the company believes in complete automation and it wants to make optimum use of cloud facilities to transform the user experience.
Total Revenue(F.Y. 2021): Rs 5,306 Cr
Final words
Likewise, many other companies like iTechOps and others mark their presence in the market. They adapt to the advancements of technology and make our lives easier to live. Discovering its importance, you will find many small and big I.T. companies opening worldwide. It is because people have understood that I.T. is the future. Moreover, we also see most students with commerce backgrounds making a shift towards the I.T. sector because of its growth. Not only does it provide employment opportunities, but it also enhances your skills and helps you grow professionally.