Checkout the 10 Top IT companies in India 2021 based on total revenue, market capitalization and total number of employees. Indian IT companies like software companies and Information Technology companies are the backbone of Indian IT industry. The top IT companies in India provide job opportunities to many people in this country in different job roles. India is one of the top countries to accomplish all industries software requirements.

According to International Data Corporation, India’s software market is expected to increase as an annual growth of 18% during 2019 – 2024. Adding more, the IT Services market will increase gradually from 2021 onward and is projected to grow at a CAGR of 7.2% between 2019 – 2024 and value at US$13.4 billion by the end of the year 2024. However, this reduced rate of IT Services growth in India is due to the COVID-19 pandemic.

10 top IT companies in India

The Best 10 Top IT Companies in India 2021 (India IT Companies List)

Here’s the top 10 IT Companies in India in 2021 based on the statistics of Total Revenue, Number of Employees, Market Capitalization, Sales growth, Stock price, Return on Equity and more. However, the Top 10 Biggest IT Companies in India are listed primarily based on the Revenue and Total Sales in the recent years.

Let’s read the top India Based IT Companies in 2021.

1. Tata Consultancy Service – India’s Largest IT Company

TCS or Tata Consultancy Service is the largest IT Company in India based on the revenue. Tata Consultancy Services is a “Global Leader” in IT services, business solutions and consulting. TCS has a large network of innovation and delivery centers around the world.

TCS is headquartered in Mumbai, India and it has the largest campus and workforce located in Chennai, Tamil Nadu, India. As of May 2021, TCS is the largest IT Company in the IT sector in the world based on the market capitalization of $169.2 billion. TCS operates in over 149 locations across 46 countries in the world.

  • Type:  Public
  • Industry:  IT services, IT consulting
  • Founded: 1968; 53 years ago
  • Founder: Tata Sons
  • Headquarters: Mumbai, Maharashtra, India
  • Area served: Worldwide
  • Key people: Natarajan Chandrasekaran (Chairman), Rajesh Gopinathan (MD & CEO)
  • Services: Outsourcing ConsultingManaged services
  • Revenue: Rs. 167,311 crore (US$23 billion) (2021)
  • Operating income: Rs 44,397 crore (US$6.2 billion) (2021)
  • Net income: Rs 32,340 crore (US$4.5 billion) (2021)
  • Total assets: Rs 130,759 crore (US$18 billion) (2021)
  • Total equity: Rs 86,063 crore (US$12 billion) (2021)
  • Employees: 488,649 (2021)

Visit TCS

2. Infosys

Infosys Limited is an Indian multinational company that offers business consulting, outsourcing and information technology services. This company is headquartered in Bangalore. Infosys is the second largest IT company in India after TCS by revenue figures.

According to Forbes Global Ranking, Infosys is the 602nd largest public company in the world. Infosys was founded by 7 Engineers in Pune, India in 1981 with the initial capital of $250. They registered this company as “Infosys Consultants Private Limited on 2nd July 1981.

Infosys offer software development, independent validation services to companies in finance, insurance, manufacturing and other domains. It manages many companies’ software environments.

Infosys’s world top and well-known products is Finacle which is a universal banking solution used by most of the organisations in the world. Finacle has various modules for retail and corporate banking.

  • Type: Public
  • Industry: IT services, IT consulting
  • Founded: 7 July 1981; 39 years ago
  • Founders: N.R. Narayana Murthy, Nandan Nilekani S., Gopalakrishnan, S. D. Shibulal, K. Dinesh, N. S. Raghavan, Ashok Arora
  • Headquarters: Bangalore, Karnataka, India
  • Area served: Worldwide
  • Key people: Nandan Nilekani (Chairman), Salil Parekh (MD & CEO) U. B. Pravin Rao (COO)
  • Services: OutsourcingConsulting and Managed services
  • Revenue: Rs.102,673 crore (US$14 billion) (2021)
  • Operating income: Rs. 26,823 crore (US$3.8 billion) (2021)
  • Net income: Rs. 19,423 crore (US$2.7 billion) (2021)
  • Total assets: Rs. 108,386 crore (US$15 billion) (2021)
  • Total equity: Rs. 74,227 crore (US$10 billion) (2021)
  • Employees: 259,619 (2021)
  • Divisions: Infosys BPM, EdgeVerve Systems and Infosys Consulting

Visit Infosys

3. HCL Technologies

HCL is one of the 10 top IT companies in India. Group of six engineers led by “Shiv Nadar” started this company. They started Hindustan Computers Limited (HCL) on 11th August 1976 and started making personal computers.

The market Cap of HCL is 257, 933 Cr, HCL is the leading Global IT Services and Consulting company in India. It’s third largest IT companies in India. HCL has over 168,977 employees as of 2021.

HCL provides many services to many organisations in the world, including Software development, System Support and Integration, Applications Services, BPO/Business Services, Infrastructure Management Services (IMS), IoT WoRKS, DRYiCE, Engineering and R&D Services (ERS), Digital & Analytics, GRC Services and Cybersecurity services.

Formerly Hindustan Computers Limited

  • Type: Public
  • Industry: IT services, IT consulting
  • Founded: 11 August 1976; 44 years ago
  • Founder: Shiva Nadar
  • Headquarters: Noida, Uttar Pradesh, India
  • Area served: Worldwide
  • Key people Chairperson: Roshni Nadar Malhotra
  • MD & CSO: Shiv Nadar
  • CEO: C Vijayakumar
  • Services: Software development and OutsourcingConsulting
  • Revenue: Rs.76,306 crore (US$11 billion) (2021)
  • Operating income: Rs16,364 crore (US$2.3 billion) (2021)
  • Net income: Rs 11,169 crore (US$1.6 billion) (2021)
  • Total assets: Rs 86,194 crore (US$12 billion) (2021)
  • Total equity: Rs 59,370 crore (US$8.3 billion) (2021)
  • Employees: 168,977 (2021)

Visit HCL Technologies

4. Wipro

Wipro Limited is an Indian multinational corporation that provides IT support, management, information technology services, consulting and business process services. One of the popular IT companies Wipro is headquartered in Bangalore India. In 2013, Wipro Enterprises separated from Wipro Limited as Enterprises formed privately to support Non-IT Businesses.

One of the best Information Technology companies in India Wipro, allowed its employees to “Work from Anywhere” module from March 2020 due to COVID pandemic. So employees can work anywhere in the world except from the Wipro premises.

Formerly Western India Palm Refined Oil Limited

  • Type: Public
  • Industry: Conglomerate
  • Founded: 29 December 1945; 75 years ago
  • Founder: Mohamed Premji
  • Headquarters: Sarjapur Road, Bangalore, Karnataka, India
  • Area served: Worldwide
  • Key people: Rishad Premji (Chairman), Thierry Delaporte (CEO)
  • Products: Personal care Healthcare Lighting Furniture
  • Services: IT servicesConsultingOutsourcingManaged services
  • Revenue: Rs.61,943 crore (US$8.7 billion)
  • Operating income: Rs. 13,900 crore (US$1.9 billion)
  • Net income: Rs.10,866 crore (US$1.5 billion)
  • Total assets: Rs. ₹83,143 crore (US$12 billion)
  • Total equity: Rs. 55,459 crore (US$7.8 billion)
  • Owner: Azim Premji (73.85%)
  • Employees: 197,712 (2021)

Visit Wipro Limited

5. Tech Mahindra

Tech Mahindra is an Indian IT Company that provides information technology and business process outsourcing (BPO) services around the world. TM is a subsidiary of the Mahindra Group and one of the famous IT companies in India Tech Mahindra is headquartered in Pune (registered office in Mumbai).

Mahindra & Mahindra started with British Telecom (joint venture) in 1986 as a technology outsourcing company. Initially, British Telecom had around 30% of stake in the Tech Mahindra company. Most of the clients of Tech Mahindra are from Europe and the UK.

  • Type: Public
  • Industry: IT services, IT consulting
  • Founded: 24 October 1986; 34 years ago
  • Founder: Anand Mahindra
  • Headquarters: Pune, Maharashtra, India
  • Area served: Worldwide
  • Key people: Anand Mahindra (Chairman), C.P. Gurnani (MD & CEO)
  • Services: OutsourcingConsultingManaged services
  • Revenue: Rs 38,642 crore (US$5.4 billion)
  • Operating Income: Rs 6,126 crore (US$860 million)
  • Net income: Rs 4,353 crore (US$610 million)
  • Total assets: Rs 39,678 crore (US$5.6 billion)
  • Total equity: Rs 24,428 crore (US$3.4 billion)
  • Employees: 125,236

Visit Tech Mahindra

6. L & T – Larsen & Toubro Infotech Ltd

LTI (Larsen & Toubro Infotech) is one of the 10 top IT company in India and it’s a L & T group company It provides information technology, consulting, outsourcing and digital solutions. L&T operates over 30 countries in the world.

In 2017, NASSCOM ranked L & T as the 6th largest Indian IT company in terms of export revenues and services. Also it was in the top 15 Global IT service providers in 2017.

In December 1996, L&T Information Technology Ltd founded Larsen and Toubro Infotech Limited is a wholly owned subsidiary of Larsen & Toubro Ltd (L&T).

  • Type: Public
  • Industry: IT services and IT consulting[1]
  • Founded: 23 December 1996; 24 years ago
  • Headquarters: L&T House, Ballard Estate, Mumbai, India
  • Area served: Worldwide
  • Key people: A. M. Naik (Chairman), S. N. Subrahmanyan (Vice-chairman), Sanjay Jalona (CEO & MD)
  • Services: Digital & automation solutions, IT service management, IT consulting
  • Revenue: Rs 11,207 crore (US$1.6 billion) (2020)
  • Operating: Rs 2,085 crore (US$290 million) (2020)
  • Net income: Rs 1,520 crore (US$210 million) (2020)
  • Total assets: Rs 8,824 crore (US$1.2 billion) (2020)
  • Total equity: Rs 5,280 crore (US$740 million) (2020)
  • Employees: 31,437 (2020)

Visit Larsen & Toubro Infotech Ltd

7. Mphasis Limited

Mphasis is one of the best IT services in India which is located in Bangalore, India as HQ. This popular IT company provides outsourcing services, infrastructure technology, applications support, application integration and development and management services.

It provides wide support in financial services, logistics, technology and telecom industries. This popular Indian information technology company Mphasis was ranked 7 in India IT companies and overall 189th rank by Fortune India 500 in 2019.

  • Type: Public
  • Industry: IT services, IT consulting
  • Founded: June 2000
  • Founders: Jerry Rao, Jeroen Tas
  • Headquarters: Bangalore, India
  • Key people: Nitin Rakesh CEO
  • Services: IT, business consulting and outsourcing services
  • Revenue: 7,907 crore (US$1.1 billion)
  • Net income: Rs 8,730 crore (US$1.2 billion)
  • Total assets: Rs 15,917 crore (US$2.2 billion)
  • Employees: 22,239 (March 2018)

Visit Mphasis

8. Mindtree

One of the top IT companies in India “Mindtree” is an Indian IT and outsourcing company which is headquartered in India (Bangalore). Mindtree is a part of L&T Larsen & Toubro Group.

It was founded in 1999 by ten IT professionals. Mindtree Ltd was funded by the venture capital firms “Walden International” and “Sivan Securities”.

  • Type: Public
  • Industry: IT services and IT consulting
  • Founded: 18 August 1999; 21 years ago
  • Founder: Ashok Soota, Subroto Bagchi, Krishnakumar Natarajan, Parthasarathy NS, Scott Staples, Anjan Lahiri, Kalyankumar, Banerjee, Janakiraman, Kamran Ozair, Rostow Ravanan
  • Headquarters: Global Village Tech Park, Bangalore, Karnataka, India
  • Area served: Worldwide
  • Key people: A.M. Naik (Non-Executive Chairman), S. N. Subrahmanyan (Non-Exe Vice-Chairman),Debashis Chatterjee (MD & CEO)
  • Services: OutsourcingConsultingManaged services
  • Revenue: Rs 7,839.90 crore (US$1.1 billion) (2020)
  • Operating income: Rs 828.70 crore (US$120 million) (2020)
  • Net income: Rs 630.80 crore (US$88 million) (2020)
  • Total assets: Rs 5,156.60 crore (US$720 million) (2020)
  • Total equity: Rs 3,156.80 crore (US$440 million) (2020)
  • Total employees: 21,991 (Mar 2020)

Visit Mindtree

9. Hexaware Technologies Ltd

Hexaware was founded in 1990 and its headquarter is located in Navi Mumbai, India. It’s an IT company provides BPO services and the fastest growing (next-generation IT) and consulting service provider in India. Hexaware is one of the top 10 IT companies in India.

It provides great support for its clients like Application Transformation and Management Services, Digital Assurance, Business Process Services, Business Intelligence And Analytics and more.

  • Type: Public
  • Industry: IT services
  • Founded: 1990; 31 years ago
  • Founder: Atul Chandra Nishar
  • Headquarters: Navi Mumbai, Maharashtra, India
  • Area served: Worldwide
  • Key people: R Srikrishna (CEO), S Madakshira (CMO)
  • Services: Information Technology and Business Process Outsourcing
  • Revenue: US$677.7 million in 2018
  • Operating income: US$106.4 million (2018)
  • Net income: US$77.0 million (2018)
  • Total Employees: 18,294(Q2 2019)

Visit Hexaware

10. Coforge ( Formerly NIIT)

Coforge is one of the top IT services and learning management companies in India based in Noida, India.

This company was founded as NIIT Ltd in 1981. In 2006, the company acquired a UK company (Insurance Solutions) and in the same year the company partnered with Adecco SA.

In Sep 2012, the company launched Crew Wings (Airline Cabin Crew Members application). In the same year, this company acquired Sabre Philippines Development Center.

In the year 2020, NIIT Technologies was re-branded as Coforge.

  • Type:  Public
  • Industry: Information technology
  • Predecessor: NIIT Technologies
  • Founded: May 13, 1992; 29 years ago
  • Headquarters: Noida, India
  • Area served: Worldwide
  • Key people: Sudhir Singh – CEO
  • Services: Digital supply chain, Artificial intelligence, Cloud infrastructure, Data management, Enterprise applications
  • Revenue: US$600 million (2020)
  • Total Employees: 21000+ (2021)

Visit Coforge

Who is the No 1 IT company in India?

TCS – Tata Consultancy Service is the No 1 IT company in India based on its Market Capital and Revenue. Tata Consultancy is owned by TATA Group and it offers cognitive powered, consulting -led and integrated portfolio of business, engineering services and solutions and technologies.

Also Read: Best Private Banks in India

Which top IT company is best for freshers in India?

Are you a fresher and looking for an opening in the IT field in India? We would suggest you to apply for the below top IT companies for fresher’s in India.

1. TCS

2. Infosys

3. Tech Mahindra

4. HCL

5. Wipro

6. Genpact

Final Words on List of Indian IT companies

We’ve provided the Top 10 India IT Companies List with all important information about the companies. It’s your turn to go through all companies’ websites and Wikipedia pages to decide the best IT Indian company to join.

I would strongly suggest you read the reviews of any company you would like to join before. There are many review sites available on the internet to know all about the companies in any domain.

You may check well in the forum, FAQ and discussion forums to know more about the IT companies you’re going to join with.

All the best and thanks for reading my post today.

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