As of 2024, the Indian IT industry will remain a major contributor to the economy, with several companies leading in terms of market capitalization and employee strength. Here is a detailed overview of the market capitalization of India’s 10 largest IT companies:
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|
rank |
IT company |
Market Cap (Rs Billion) |
Number of employees (approximately) |
|
1 |
Tata Consultancy Services (TCS) |
15.44 |
614,795 |
|
2 |
Infosys |
7.77 |
317,240 |
|
3 |
HCL Technologies |
4.87 |
219,000 |
|
4 |
Wipro Ltd. |
2.82 |
234,054 |
|
5 |
LTIMindtree Ltd. |
1.85 |
81,650 |
|
6 |
Mahindra Technologies Ltd. |
1.53 |
145,455 |
|
7 |
Oracle Financial Services Software, Inc. |
0.98 |
8,754 |
|
8 |
Persistent Systems Ltd. |
0.85 |
23,000 |
|
9 |
mphis co., ltd. |
0.56 |
24,518 |
|
10 |
kofuge gmbh |
0.46 |
24,607 |
Company Highlights
- Tata Consultancy Services: Founded in 1968 by the Mumbai-based TCS Group. It is a major IT company in India in terms of market capitalization, providing consulting and business solutions to various sectors including healthcare and banking.
- Infosys: Founded in 1981 in Pune and headquartered in Bangalore, Infosys is a business consulting and outsourcing company and one of the first Indian companies to reach a market capitalization of US$100 billion.
- HCL Technologies: Shiv Nadar founded HCL in 1976 in Noida. HCL has grown from a hardware company to a global leader in IT services.
- Wipro Limited: Wipro’s product offering has become quite diversified, and its business landscape is becoming increasingly global.
- LTIMindtree: LTIMindtree company has established the digital transformation space, providing technology solutions to almost every type of business or industry.
- Tech Mahindra: Telecom services and solutions have always been Tech Mahindra’s main focus; however, over time, it started venturing into artificial intelligence and cloud computing.
- Oracle Financial Services Software Ltd: A subsidiary of Oracle Corporation that provides financial services software solutions.
- Persisted Systems: Focuses on software development across various industries and has experienced tremendous growth due to its focus on cloud computing and IoT.
- Mphasis: The company focuses on cloud and cognitive services and has established itself as a leader in IT through innovative solutions.
- Coforge Ltd.: Coforge specializes in cloud computing and data analytics, enabling businesses to leverage technology to increase productivity.
These companies not only dominate in India but also have a significant impact on activities across the globe, leading to rapid technological development and acceleration of economic activities.
Indian IT giants are key to shaping trends in the global tech world. Market leadership, employee strength, and innovation in areas such as cloud computing, artificial intelligence, and digital transformation make them a significant player in the technology space. The Indian IT industry is expected to continue to maintain stable growth and international influence.
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Source: https://dinhtienhoang.edu.vn
Category: Optical Illusion