India’s IT industry is a cornerstone of its economy, showcasing remarkable growth and innovation. As of 2024, the country is home to several leading IT companies that provide a wide range of services, from software development to consulting. These firms are not only significant players in the domestic market but also compete on a global scale. This article highlights the top 10 largest IT companies in India, showcasing their contributions and impact on the tech landscape.
Tata Consultancy Services (TCS) is the largest IT company in India, founded on April 1, 1968, and headquartered in Mumbai. It is a leader in IT services, consulting, and business solutions, serving sectors like banking, retail, telecom, and healthcare. Recently, TCS teamed up with AIB Life, a new joint venture, to launch operations in Ireland. This partnership allows AIB customers to access financial advice and services through the AIM mobile banking app, using TCS’s insurance platform, TCS BaNCS.
Tata Consultancy Service, with the market capitalization of Rs. 15.44 lakh crore, stands as the largest IT company of India, followed by Infosys, HCL Technologies and Wipro Limited.
Here is the list of top-10 largest IT Companies in India as of 2024:
| Top-10 Largest IT Companies in India 2024 | |||
| Rank | IT Company | Market Capitalization (Rs. Lakh Crore) | Employee Headcount (Approx) |
| 1. | Tata Consultancy Service | 15.44 | 614,795 |
| 2. | Infosys | 7.77 | 317,240 |
| 3. | HCL Technologies | 4.87 | 219,000 |
| 4. | Wipro Limited | 2.82 | 234,054 |
| 5. | LTIMindtree Ltd. | 1.85 | 81,650 |
| 6. | Tech Mahindra Ltd. | 1.53 | 145,455 |
| 7. | Oracle Financial Services Software Ltd. | 0.98 | 8,754 |
| 8. | Persistent Systems Ltd. | 0.85 | 23,000 |
| 9. | Mphasis Ltd. | 0.56 | 24,518 |
| 10. | Coforge Ltd. | 0.46 | 24,607 |
Tata Consultancy Services (TCS) is an Indian multinational technology company based in Mumbai, specializing in IT services and consulting. As part of the Tata Group, it operates in 150 locations across 46 countries and is the second-largest Indian company by market value. In 2024, TCS ranked seventh on the Fortune India 500 list and had a market capitalization of $200 billion. Tata Sons owns 71.74% of TCS, which contributes significantly to its dividend income.
Infosys Limited is an Indian multinational technology company that provides business consulting, IT, and outsourcing services. Founded in Pune and headquartered in Bangalore, it became the fourth Indian company to reach a market capitalization of $100 billion on August 24, 2021. As of March 31, 2024, Infosys is the second-largest IT company in India by revenue and the third-largest Indian company by market capitalization.
HCL Technologies Limited, also known as HCLTech, is an Indian multinational IT consulting company based in Noida. Founded by Shiv Nadar, it became a separate entity in 1991 when HCL expanded into software services. With offices in 60 countries, HCLTech is the third-largest IT company in India, employing over 220,000 people worldwide. The company offers a wide range of IT services and solutions to various industries.
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