Top 10 IT Companies in India by Market Capitalization – NSE

The top 10 IT companies in India have significantly shaped the country’s vibrant technology landscape, turning it into a major global economic force. Beyond revenue generation, their influence reaches far and wide, with cloud adoption alone expected to generate around US$380 billion towards India’s GDP by 2026 and 14 million jobs – cementing India’s position as one of the world’s largest IT hubs.

Here in this article, we will list the top 10 IT companies in India sorted by their market capitalization as per NSE as of 16th January 2025.

Top 10 IT COMPANIES IN INDIA 2025

Rank & IT Comany	Market Cap (Rs Lakh Crore)	Employee Headcount (Approx)
#1 Tata Consultancy Service	15.30	614,795
#2 Infosys	8.04	317,240
#3 HCL Technologies	4.86	219,000
#4 Wipro Limited	3.00	234,054
#5 LTIMindtree Ltd.	1.74	81,650
#6 Tech Mahindra Ltd.	1.63	145,455
#7 Oracle Financial Services Software Ltd	0.95	8,754
#8 Persistent Systems Ltd	0.86	23,000
#9 Coforge Ltd	0.58	24,607
#10 MphasiS Ltd.	0.53	31,601

Tata Consultancy Services (TCS)

Tata Consultancy Services (TCS), founded in 1968 and headquartered in Mumbai, is part of the Tata Sons group. Ranked first among the top 10 IT companies in India, TCS is a dominant player in the industry. They provide various services like IT consulting and business solutions while focusing on digital transformation. With a market capitalization of Rs. 1,528,696.25 Crore and over 614,795 global employees, TCS is a leader in the industry.

TCS recently announced (October 30, 2024) an investment of Rs.72 crore in South America through a strategic partnership with Brazil’s Insper, lasting for 10 years and aimed at promoting technological innovation and advancement focused on Artificial Intelligence and Internet-of-Things technologies while developing prototypes exclusively tailored to their client’s needs.

Infosys

Infosys was founded in 1981 by N. R. Narayana Murthy, it’s currently a significant global player employing over 317,240 professionals while enjoying an impressive market capitalization of Rs 806,495.25 crore. A pioneer in Global Delivery Model innovation for India’s software industry growth and known to be the first Indian IT company listed on NASDAQ. Renowned for their innovative contribution to the Indian IT landscape putting India in as a global software hub solidifying their position as one of the top 10 IT companies in India.

On October 9th, 2024. Infosys strengthened its partnership with Microsoft to accelerate customer adoption of their cloud services and generative AI. Aim at enhancing customer experiences and bringing adoption of their enterprise AI at a global scale.

HCL Technologies

HCL Technologies is one of the top companies in India. It was founded in 1976 by Shiv Nadar and others in Noida. Initially focused on hardware products, it has since grown to become a global leader providing various services like infrastructure management, consulting, research, and development with over 219,000 employees in 32 countries and currently holding a market capitalization of 488,283.33 Crore INR.

On August 9th, 2024, HCL Tech’s software unit bought Zeenea for €24 million, enhancing its data and analytics capabilities. This led to the provision of a unified data intelligence solution that supports enterprises in their Gen AI initiatives.

Wipro

Wipro, founded on December 29, 1945, as Western India Vegetable Products Limited, has grown into one of the top 10 IT companies in India after 78 years. With 234,054 employees and a market capitalization of Rs 301,635.99 Crore, Wipro showcases India’s technological prowess. Its global presence and cutting-edge services underscore Indian IT expertise, driving economic growth and international recognition in the tech sector. 

Wipro is set to approve a 1:1 bonus share issue, to be credited on December 15, 2024. The record date is December 3, 2024. This move aims to boost stock liquidity and affordability for investors, benefiting Wipro’s shareholders.

LTIMindtree

LTMindtree was founded in 1996, as a subsidiary of Larsen & Toubro. They are a prominent Top IT company in India, their specialty lies in  IT consultancy and digital transformation services. Currently holding market capitalization of 174,972.91 Crore and employee strength of 81,650.

LTIMindtree has been recognized as the 2024 Google Partner of the Year for Industry Solution Services in Manufacturing, showcasing its continued commitment to innovation.

Tech Mahindra 

Tech Mahindra is a part of the Mahindra Group, they emerged as a joint venture between BT Group and Mahindra & Mahindra in 1986. Known to be one of the top 10 IT companies in India. They offer technology solutions operating worldwide in over 90 countries. With Rs 164,264.94 Crore current market capitalization as of 16th January 2024 and 145,455 employees.

On November 19, 2024, Tech Mahindra presented its advanced AI automation suite designed for transforming enterprise efficiency. This groundbreaking product, called “TechM agentX” is designed to automate IT, business, and data tasks.

Oracle Financial Services 

Oracle Financial Services Software Ltd. Founded in 1990 as a subsidiary of Oracle Global Corporation, specializes in offering customized software, app development, and consultancy for the financial sector worldwide – optimizing their operations while boosting efficiency through tailored solutions and outsourced business processing services.

Oracle projects double-digit revenue growth for FY25, driven by cloud innovations, AI contracts, and increased demand for Oracle Cloud Infrastructure, with a current market cap of Rs 95,639.69 Crore, solidifying its position among the top 10 IT companies in India.

Persistent System

Persistent Systems, Founded by Dr. Anand Deshpande in 1990, is a prominent one of the top 10 IT companies in India, specializing in top-notch digital engineering excellence. It provides a wide range of services to diverse industries like banking, healthcare, and technology sectors mainly focusing on software product development as well as cloud solutions along with assisting businesses undergo their much needed Digital Transformation while maintaining its global reach. Currently, it holds a market capitalization of Rs 86,819.17 Crore.

Persistent Systems was honored as the fastest-growing IT services brand in the 2024 Brand Finance India 100 report, marking a 327% brand value growth since 2020.

Coforge Ltd

Coforge Ltd is a global IT company, founded in 1992. With operations spanning 21 countries and 26 delivery centers, it helps businesses transform through digital solutions. Leveraging AI, cloud, and automation, Coforge drives operational excellence across various industries, including banking, travel, and others. Its focus on innovation and customer satisfaction enables clients to improve efficiency, reduce costs, and increase growth, ultimately driving success in their respective markets. Currently its market capitalization is standing at Rs 59,070.60 as per NSE.

Mphasis

Mphasis Limited is an information technology (IT) services company headquartered in Bangalore, India. Established in 1998 by Jerry Rao and Jeroen Tas back in California. It entered Indian markets through a merger with BFL Software Limited in 2000.

Being one of the best IT companies in India they serve key sectors including banking, insurance, healthcare & retail offering tailored IT services that specifically target their individual needs. With expertise spanning infrastructure management, app dev., and global consulting – Mphasis has grown into one of the top IT companies in India, with a market capitalization of Rs 53,902.72 as of 16th January 2025.

Conclusion

These top IT companies in India have played an important role in shaping the nation’s economy and contributed to the development of the technological landscape. With the rising rise of AI, IOT, and the emerging field of robotics, these companies will continue to thrive and create millions of jobs, innovation and growth for the country.