Top25 IT Companies in India: Leading Software Development & Outsourcing Firms

Top25 IT Companies in India

India has become the number one software development outsourcing destination thanks to strong government support, a robust English-speaking professional ecosystem, and an enormous pool of highly skilled software developers.

According to Statista, India’s IT-BPM industry contributed nearly 7.5% of the country’s GDP in 2023. The nation also accounts for 19% of the global IT outsourcing market, solidifying its position as the most popular outsourcing choice for international companies. As of 2022, India generated $178 billion in IT export services, showcasing its dominance in the global software outsourcing sector.

With its proven reputation for delivering quality software solutions at cost-effective rates, India stands as the best choice for businesses worldwide. For companies seeking reliable partners in digital transformation, cloud solutions, and AI-driven innovations, here’s a curated list of the Top25 IT Companies in India that are leading the global outsourcing industry.

Top25 IT Companies in India

Top25 IT Companies in India

1. Tata Consultancy Services (TCS)

Established in 1968, TCS is one of the largest Information Technology service companies in the world. The company is based in Mumbai and has a global reach of 242 locations and over 500,000 employees. 

  • Key Services: AI & Automation, Cybersecurity, Cognitive Business Operations, Cloud, IoT, Blockchain, Consulting, Analytics. 
  • Founded: 1968
  • Employees: 500,000+
  • Avg. Hourly Rate: $50 – $99/hr
  • Trading Symbol: TCS
  • Locations: India, US, Canada, UK, Germany, France.

2. Infosys

Founded in 1981 and based in Bangalore, with 200,000+ employees and 191 offices around the world, Infosys is a recognized global leader. 

  • Services they provide include: Cloud, Cyber Security, Application Development, Consulting, IoT, Blockchain, Digital Marketing, Data Analytics. 
  • Founded: 1981
  • Employees: 200,000+
  • Avg Hourly Rate: >$25/hr
  • Trading Symbol: INFY
  • Locations: India, USA, Denmark

3. HCL Technologies

HCL Technologies began its journey in 1976. Headquartered in Noida, India, HCL now employs more than 100,000 staff and has 180 offices across the globe. 

  • Core Services: Digital Transformation, IoT, Cloud, Cybersecurity, Engineering, Automation, Infrastructure Management.
  • Year Established: 1976
  • Workforce: 100,000+
  • Typical Hourly Wage: $25 – $49/hr
  • Stock Symbol: HCLTECH
  • Location: India

4. Wipro Limited

Wipro, founded in 1945 and situated in Bangalore, is regarded as one of India’s most established and reputable IT businesses with over 200,000 employees.

  • Key Areas of Service: Data Analytics, Artificial Intelligence, Cloud Computing, Mobile Applications, Blockchain, Cyber Security, Consulting.
  • Established: 1945
  • Employee Base: 200,000 +
  • Avg Hourly Charge: $25 – $49/hr
  • Ticker Symbol: WIPRO
  • Geographic Locations: India, USA

5. Sonata Software

Based in Bangalore and established in 1986, Sonata Software has a workforce of over 5,000, with subsidiaries in the USA, UK, Australia, and Japan.

  • Main Services: IoT, AI, ML, Blockchain, Cybersecurity, Chatbots, RPA.
  • Established: 1986
  • Workforce: Over 5,000
  • Trading Symbols: SONATSOFTW

6. Mphasis Limited

Mphasis, which was established in 1998 and operates from Bangalore, is a worldwide applied technology services firm with more than 20,000 employees and offices in India, UK, USA, Canada, Germany, France, China, and Singapore. 

  • Main Services: Mobile App Development, Cloud, DevOps Automation, Blockchain, Cybersecurity, Business Process Services.
  • Founded: 1998
  • Employees: 20,000+
  • Avg Hourly Rate: >$25/hr
  • Trading Symbol: MPHASIS

7. Larsen & Toubro Infotech (LTI)

Top25 IT Companies in India

Established in 1997, LTI is a global consulting and digital solutions firm. Based in Mumbai, LTI services over than 460 clients around the world, with over than 35000 employees.

  • Key Services: Blockchain, Cloud Services, IT Consulting, System Integration, Application Development.
  • Founded: 1997
  • Employees: 35,000+
  • Avg Hourly Rate:  >$25/hr
  • Trading Symbol: LTI

8. Tech Mahindra

Headquartered in Pune, Tech Mahindra was established in 1986 and today has over 126,000 employees across 90+ countries.

Key Services: 5G, Blockchain, Cybersecurity, AI, Cloud, Enterprise Application Services.

  • Founded: 1986
  • Employees: 126,000+
  • Avg Hourly Rate: >$25/hr
  • Trading Symbol: TECHM

9. Redington India Ltd

Established in 1993, Redington India is a leading distributor of IT products and solutions headquartered in Chennai, with 3,000+ employees worldwide.

Key Services: Cloud Solutions, 3D Printing, Supply Chain, HP Indigo, Logistics.

  • Founded: 1993
  • Employees: 3,000+
  • Avg Hourly Rate: N/A
  • Trading Symbol: REDINGTON

10. Cognizant

Founded in 1994, Cognizant is among the top IT service providers globally, with a strong presence in India and 10,000+ employees.

Key Services: Technology Modernization, Consulting, Digital Engineering, Process Transformation.

  • Founded: 1994
  • Employees: 10,000+
  • Avg Hourly Rate: >$25/hr
  • Trading Symbol: CTSH

11. eClerx

Founded in 2000, eClerx is a Mumbai-based IT consulting firm listed on BSE & NSE with 10,000+ employees.

Key Services: Customer Operations, Digital Services, Finance, AI, IT Solutions.

  • Founded: 2000
  • Employees: 10,000+
  • Avg Hourly Rate: N/A
  • Trading Symbol: ECLERX

12. Accenture

Top25 IT Companies in India

Accenture, founded in 1989, is a global powerhouse in consulting and outsourcing with over 550,000 employees in 120+ countries.

Key Services: Consulting, IT Infrastructure, Cloud, BPO, Digital Transformation.

  • Founded: 1989
  • Employees: 550,000+
  • Avg Hourly Rate: $100 – $149/hr
  • Trading Symbol: ACN

13. Oracle

Founded in 1977, Oracle is one of the biggest names in database software and enterprise solutions, with a strong India presence.

Key Services: Database Software, Cloud, AI, ERP, Business Applications.

  • Founded: 1977
  • Employees: 10,000+
  • Avg Hourly Rate: >$25/hr
  • Trading Symbol: N/A

14. IBM

Founded in 1911, IBM (International Business Machines) is a pioneer in IT with more than 520,000 employees across 170 countries.

Key Services: Cloud Services, IoT, Research, Enterprise IT Solutions.

  • Founded: 1911
  • Employees: 520,000+
  • Avg Hourly Rate: $50 – $99/hr
  • Trading Symbol: IBM

15. Capgemini India Pvt. Ltd.

Established in 1967, Capgemini is a global leader in consulting and IT outsourcing with 280,000+ employees worldwide.

Key Services: Custom Software Development, Consulting, Outsourcing, App Management.

  • Founded: 1967
  • Employees: 280,000+
  • Avg Hourly Rate: $100 – $149/hr
  • Trading Symbol: N/A

16. Coforge

Formerly NIIT Technologies, Coforge was founded in 2004 and is headquartered in Noida, Uttar Pradesh, with 17,000+ employees.

Key Services: Cloud, Data Analytics, Intelligent Automation, Digital Transformation.

  • Founded: 2004
  • Employees: 17,000+
  • Trading Symbol: COFORGE

17. Hexaware Technologies

Top25 IT Companies in India

Established in 1990 and headquartered in Navi Mumbai, Hexaware has 19,000+ employees across 33 global offices.

Key Services: Data Modernization, Cloud, IoT, Consulting, API & Integration, Marketing Ops.

  • Founded: 1990
  • Employees: 19,000+
  • Avg Hourly Rate: $100 – $149/hr
  • Trading Symbol: HEXAWARE

18. ITC Infotech

A subsidiary of ITC Ltd, ITC Infotech was founded in 2000 with 11,000+ employees worldwide.

Key Services: Big Data, Cloud DevOps, ERP, CRM, Business Analytics, Product Engineering.

  • Founded: 2000
  • Employees: 11,000+
  • Trading Symbol: ITC

19. WNS Global

Founded in 1996 and headquartered in Mumbai, WNS Global employs 49,000+ people across 55+ offices worldwide.

Key Services: BPO, IT Consulting, Business Transformation, Digital Solutions.

  • Founded: 1996
  • Employees: 49,000+
  • Avg Hourly Rate: >$25/hr
  • Trading Symbol: N/A

20. Zensar Technologies

Headquartered in Pune and founded in 2001, Zensar Technologies has 10,000+ employees.

Key Services: AI/ML, Automation, Digital Engineering, App Transformation.

  • Founded: 2001
  • Employees: 10,000+
  • Avg Hourly Rate: $100 – $200/hr
  • Trading Symbol: ZENSARTECH

21. Quess Corp Limited

Founded in 2007, Quess Corp is a business services provider with 17,000+ employees and operations in 64 countries.

Key Services: IT & Mobility, Staffing, Managed Outsourcing, HR, Sales & Marketing Solutions.

  • Founded: 2007
  • Employees: 17,000+
  • Trading Symbol: QUESS

22. Cyient

Founded in 1991 and headquartered in Hyderabad, Cyient is a global digital engineering company with 10,000+ employees.

Key Services: Engineering, Manufacturing, Digital Technology, Next-Gen Solutions.

  • Founded: 1991
  • Employees: 10,000+
  • Avg Hourly Rate: $50 – $180/hr
  • Trading Symbol: CYIENT

23. Birlasoft

Founded in 1990 and headquartered in Pune, Birlasoft has 10,000+ employees and global offices in USA, Australia, and UAE.

Key Services: Enterprise Applications, CRM, Cloud, Digital Transformation.

  • Founded: 1990
  • Employees: 10,000+
  • Avg Hourly Rate: >$25/hr
  • Trading Symbol: BSOFT

24. Persistent Systems

Founded in 1990, Persistent Systems is a Pune-based IT company with 16,000+ employees across USA, Australia, and Singapore.

Key Services: Digital Transformation, Enterprise IT, Product Engineering, Data Analytics.

  • Founded: 1990
  • Employees: 16,000+
  • Avg Hourly Rate: $100 – $149/hr
  • Trading Symbol: PERSISTENT

25. WeblineIndia

Founded in 1999, WeblineIndia is a US-based IT consulting company with its development hub in India, employing 150+ experts.

Key Services: Web & Mobile Development, AI/ML, Enterprise Mobility, IT Consulting.

  • Founded: 1999
  • Employees: 150+
  • Avg Hourly Rate: N/A

Conclusion

Choosing the right software Top25 IT Companies in India outsourcing company in India is crucial for the success of your project. The companies listed above are leaders in providing cost-effective, innovative, and scalable IT solutions. By partnering with the right provider, you can reduce costs, accelerate development timelines, and achieve high-quality results.

FAQs About Top25 IT Companies in India

1. What is software development outsourcing?

It is the practice of hiring external IT companies to handle software development tasks instead of in-house teams.

2. Why is India a popular outsourcing destination?

India offers skilled talent, cost savings, English fluency, and expertise in next-gen technologies.

3. What services do Indian IT outsourcing companies provide?

Common services include custom software development, web/app development, AI, cloud, DevOps, testing, cybersecurity, and consulting.

4. Can small businesses also outsource to India?

Yes, many Indian IT firms provide flexible pricing models to suit startups and SMEs.

5. How do Indian IT companies ensure data security?

Most companies follow ISO, GDPR, and other compliance standards, ensuring secure outsourcing.

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