India is considered to be a rising star in the global tech scene, with big players like Infosys, HCL Technologies, etc., managing to grab increased attention from foreign investors. With the unprecedented boom in the industry, experts predict India to be a global leader in tech by the end of the decade.
As of 2020, here’s the list of the Top 10 Technology Companies in India:
Tata Consultancy Services
Established in 1968, Tata Consultancy Service is the leading technology company in India, which has collaborated with some of the largest businesses of the world since its establishment. With a revenue of nearly ₹ 152,497 crores and a Market Capitalization of ₹ 845,337 crores, the company grown immensely in the last fifty years. The company has also been listed on the National Stock Exchange (NSE) as well as BSE.
A subsidiary of the Tata Group, TCS provides IT services, Consulting, Business Solutions, technology and engineering solutions to businesses across the globe. The company has a work force of approximately 420,000 employees with decades of experience in the field.
Established in 1976, HCL technologies is one of the high performing Tech Companies in India that provides a platform to global enterprises and businesses to innovate and evolve their business models, with the help of Digital Technology Transformation.
With the help of its Mode 1-2-3 growth strategy, HCL aims at providing a consolidated portfolio of business and technology solutions and holistic multi-service delivery to industry verticals like Transportation & Logistics, Media, Publishing, Retail, etc.
Currently, HCL Technology boasts of a revenue of ₹ 65,643 Cr and a ROE of approximately 25.76%.
Established in 1945, Wipro is an Indian multinational company which provides IT services, Consultancy, Technology, and Business solutions. The company holds a revenue of ₹ 60,137 Cr and a Market Cap of approximately ₹ 153,043 Cr, with nearly 160,00 trained employees across 6 continents.
Wipro is one of the leading, globally recognized Tech companies in the country that offers cognitive computing, analytics, robotics, hyper-automation, etc., to its clients to help them get accustomed to the new-age digital world.
With nearly 228,000 employees and a market capitalization of approximately US$ 47.7 billion, Infosys is one the leading tech companies in India. Established in 1981, the company has been listed on NYSE as one of the best Global Consulting and IT Services company.
With a revenue of ₹ 87,371 Cr and a capital of nearly US$ 11.8 billion, as of FY19 revenues, Infosys has claimed its spot among the Top 10 Technology Companies of India in 2020.
Established in 1986, Tech Mahindra is a subsidiary of the multinational conglomerate Mahindra Group. The company has over 125,700 professionals serving across 90 countries, offering quality customer-centric technology services to global enterprises and businesses.
With a revenue of ₹ 35,119 Cr and a ROE of 21.58%, the company has managed to flourished exponentially since its establishment, making its mark as the highest ranked Non-U.S. Based Company on the Forbes Global Digital 100 list (2018), as well as the Forbes Fab 50 companies in Asia (2018).
Larsen & Toubro Infotech Ltd
Larsen & Toubro is an Indian multinational conglomerate that specializes in construction, technology, manufacturing, engineering and financial solutions and services. Established in 1938, the company currently has a revenue of ₹ 10,014 Cr and a Market Cap of ₹ 29,302 Cr.
At present, the company has catered to 360+ clients and offers its services across 30 countries.
Redington India Ltd
Redington India Ltd is a leading distributor of IT products and services in the country. Established in 1993, the company has managed to garner a revenue of approximately ₹ 47,996 Cr and a Market Capitalization of ₹ 4,438 Cr. Today, the company provides supply chain solutions and operational efficiencies to nearly 220 international IT brands and caters to over 30 emerging markets.
At a ROE of 15.00%, the company is growing at a rapid pace and is expected to see further boom in the coming years.
Established in 1989, Rolta is an Indian multinational corporation which specializes in IT solutions, Geospatial and Engineering services, BigData Analytics, etc. It is one among the top public Indian IT companies and has also been listed on BSE.
Established in 1999, Mindtree is a subsidiary of the Larsen & Toubro Group. The company specializes in technology consulting services, and has successfully dealt with over 350 enterprise client engagements.
With a ROE of 24.94% and a revenue of ₹7,375 Cr, the company operates through its 21,000 employees across 15+ countries.
Established in 1990, Hexaware Technologies is one of the fastest growing BPO, IT and consultancy services provider in India. With a Market Cap of ₹ 10,165 and a revenue of ₹ 5,306 Cr, the company operates across 33 offices globally and has over 18,294 employees.