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Top 5 IT companies in India 2012
This article gives the top 5 IT software companies in India. Information Technology sector has grown tremendously in the last two decades in India. This article provides the rankings of IT companies in India based upon the latest data released by the Companies annual reports. It includes the gross revenue, profits and current market value of the software companies in India.
Here is a list of the top 5 IT companies in India whose headquarters is located in India. The data published in this article is taken from the official annual reports of the IT companies published on the official websites.
1. Tata Consultancy Services (TCS)
TCS was established in 1968 and was initially called as the 'Tata Computer Centre'. Its chairman was JRD Tata. The very first technological services provided by the TCS was punching card services provided to Tata Steel (CISCO). Tata Consultancy Services (TCS) is the global IT service provider and is the top ranked IT Company in India. It also provides business solutions, consulting services and outsourcing services. Its headquarters is in Mumbai, India. But TCS also has development centres and branches in the cities Chennai, Kolkata, Gurgaon, Noida, Pune, Bangalore, Thiruvananthpuram, Hyderabad, Bhubaneshwar and Chandigarh. It is the only IT Company to have a branch in Kolkata where other IT companies' plans are either shelved or pending for West Bengal government approval.
Gross revenue of TCS: US $8.36 billion
Profits of TCS: US $1.81 billion
Employee count of TCS: 2,38,583 (Jan 2012)
Headquarters of TCS: Mumbai
In 1945, Mohamed Premji started Western India Products Limited for vegetable oil manufacturer. It produced oil and soaps based on vegetable manufacturing. In 1966, Western India Products Limited was renamed to WIPRO and the chairman of the company became the legendary Azim Premji. He ventured into IT services and outsourcing and today WIPRO is one of the leading IT service providers in the world. One of the most profitable and innovations was the WIPRO BPO. With employees of over 20,000, Wipro has state of the art Business Processing outsourcing divisions in India. Wipro BPO has offices in Delhi, Mumbai, Pune, Bangalore and Mumbai. It has become the second largest IT Company in India after TCS.
Gross revenue of Wipro: US $6.98 billion (March 2011)
Profits of Wipro: US $1.19 billion (March 2011)
Employee count of Wipro: 1,36,102 (Jan 2012)
Headquarters of Wipro: Bangalore
3. Infosys Ltd (Infy)
In 1981, Narayana Murthy along with his colleagues Nandan Nilekani, S Gopalkrishnan and others started a small software development firm in Pune with a very small initial investment. Interestingly, all the investment was made by the wives of these people. After 1991, Infosys grew rapidly and is today one of the leading IT service providers in India. It is ranked third among the top ranked IT companies in India. Narayana Murthy Center of Excellence (formerly known as Mysore Global Training Centre) is the world's biggest corporate training centre. The Infosys Mysore training centre has the capacity to train up to 25000 employees every year. Practically it trains about 15000 every year. All the facilities and infrastructure is state of the art and of highest value. A trained employee in Mysore Training Centre is respected globally for his training credentials. Because of the strong base, the current Infosys generation is highly skilled and is taking on the best companies in the world to bag the most prestigious IT projects.
Gross revenue of Infosys: US $6.99 billion (March 2012)
Profits of Infosys: US $1.71 billion (March 2012)
Employee count of Infosys: 1,45,088
Headquarters of Infosys: Bangalore
4. HCL Enterprise (HCL)
HCL, short for Hindustan Computer Limited, was started in 1976 to manufacture calculators. The founders of HCL were Shiv Nadar, Arjun Malhotra, Subhash Arora, Badam Kishore Kumar, T.V Bharadwaj,& Arun Kumar H. HCL is the only hardware giant in India which excelled by supplying hardware technologies. When other IT companies like Infosys, Wipro and TCS were focussed on software technologies, HCL targeted hardware market. In fact its first ever PC was manufactured in 1978, 3 years before IBM. In 1996, HCL became an enterprise comprising of two ventures - HCL Technologies (to target the global IT services market) and HCL Infosystems (to target the IT hardware market). Its headquarters in Noida, Uttar Pradesh has a manufacturing plant as well.
Gross revenue of HCL: > US $6 billion (March 2012)
Profits of HCL:
Employee count of HCL: 90,000
Headquarters of HCL: Noida, Uttar Pradesh
5. Mahindra Satyam + Tech Mahindra
The much awaited merger of the two big IT giants Mahindra Satyam (formerly known as Satyam Computer Services) and Tech Mahindra is finally out. As per the combined merger, the gross revenues of the companies will touch 2.5billion dollar mark. With all the clients and major IT services coming together, there will be a major boost to the functioning of the company together. Mahindra had acquired Satyam in 2009, after the major fiasco about B. Ramalinga Raju. But since then the company has seen impressive revenues and profits and has grown considerably. The joint venture makes this company fifth among the top IT companies in India. Headquartes of Tech Mahindra is Pune, whereas that of Mahindra Satyam is Hyderabad. Satyam as well as Tech Mahindra has many offices in Kolkata, Pune, Noida, Chennai, Bangalore, Mumbai, Gurgaon, Chandigarh, Hyderabad.
Gross revenue of Tech Mahindra+Satyam: > US $2.7 billion
Profits of Tech Mahindra+Satyam: -
Employee count of Tech Mahindra+Satyam: 75,000
The top 5 IT companies in India are mentioned above. The figures mentioned are taken from the websites of these companies. You might also like to read following resources on IT sector in India:
History of IT sector in India.
IT jobs Vs core Engineering jobs: Which is better?.
Read related articles: IT company India company Company
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|Guest Author: praveena 09 May 2012|
|Hyderabad: Infosys founder Narayana Murthy hailed the giant strides made by the country on various fronts but rued that lakhs of Indians are still mired in poverty, illiteracy, ill-health and malnutrition at the sidelines of the convocation of Jawaharlal Nehru Technology University, Hyderabad (JNTUH).|
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