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Top 10 IT Services And Consulting Companies In India

Top 10 IT Services And Consulting Companies In India

India, over the years, has become the home to many IT Services and Consulting companies. Top IT Services Companies in India provide the finest IT services. With the huge success of IT companies, the Indian software industry has now become the best of its kind in making a mark globally.

The software industry has rapidly grown the nation's economy over the past 25 years. This industry employs around four million people. India is one of the leading sourcing destinations across the world, accounting for approximately 55 per cent market share.

In 2018–19, India's IT & ITeS sector generated US$ 181 billion in sales. Domestic revenues (including hardware) climbed to US$ 44 billion in FY19, while industrial exports increased to US$ 137 billion. Top IT Consulting Companies in India are known to provide atleast 40 per cent of the global services for clients across the globe.

According to data from the Department for Promotion of Industry and Internal Trade, India's computer software and hardware industry garnered Foreign Direct Investment (FDI). It inflows US$ 37.23 billion between April 2000 and March 2019 and ranks second in FDI inflow.

Top IT Services and Consulting Companies in India

1. Redington Limited

Redington Limited is an Indian business with a solid reputation in the software industry. The company is well-known in the world of supply chain solutions for information technology products. In addition to the Middle East, Turkey, Africa, and South Asia nations, Redington India and its subsidiaries have successfully conducted business in India. Distribution and Services are the company's primary business segment. It has 280 partners, 90 sales sites, 100 forward service locations, and so on.

Personal Computing & Printing, Commercial, Enterprise & Infrastructure, Cloud Services, and Software & Security are some of the information technology products offered by the corporation. The company furthermore sells consumer and digital lifestyle products.

Redington (India) Ltd. has seen remarkable growth.

2. Techasoft

Techasoft Pvt. Ltd. is a fast-growing IT firm that provides holistic IT solutions to businesses across geographies. They offer IT expertise in software, website, and application (iOS & Android) development; UI/UX design; and digital marketing. They are situated at around 12 service locations, serving businesses belonging to various sectors. So long, They have forayed into healthcare, food services, travel & tourism, logistic & shipping, e-commerce, banking, technology, manufacturing, and IT-enabled education service industries so far.

3. Tata Consultancy Services

One functioning Tata Group's functioning subsidiaries is TCS or Tata Consultancy Services. It is the most prominent IT corporation not just in Asia but also in India. In terms of the most valuable IT services brand internationally in 2018–19, Tata Consultancy Services (TCS) came in third.

For the quarter that ended in June 2019, it reported a flat profit of Rs 8,131 crore. In 2020, it reported net sales of Rs 123,170 cr. This leading software corporation, which operates in 46 nations, was founded in 1978.

4. Larsen & Toubro Infotech

Larsen & Toubro Infotech is one of the best software companies in India. It is a wholly owned subsidiary of Larsen & Toubro and was established in 1997. L&T Infotech, over the years, has made a remarkable place for itself in the global IT world primarily because of its business-to-IT connect solutions.

Larsen & Toubro Infotech Limited (L&T Infotech) has a global presence, helping more than 300 clients succeed in a converging world. L&T Infotech has made its mark worldwide with 23 software development centres and 44 sales offices. In 2018-19, its net sales were Rs 8,907.20 cr.

5. Deloitte India

In thirteen Indian locations, Deloitte provides a variety of audit, risk advisory, tax, consulting, and financial advisory services. Their presence in the professional world for more than a century adds to the technical expertise of the client service teams. This is to produce effective business solutions catered to their customer's needs.

They are known to offer top-notch services to every client, whether they are a small, family-run company or a massive global enterprise. The firm is a multi-skilled, multi-disciplined company that provides clients with various business solutions centred on specific industries. They combine the dynamism and fluid thinking of the young graduate with the business knowledge and insight of the seasoned executive.

6. Tech Mahindra

At the fourth spot, we have Tech Mahindra, which started as a technology outsourcing joint venture between BT Group plc of the UK and the Mahindra Group in 1986. Tech Mahindra has grown by leaps and bounds since its inception.

After acquiring scandal-hit Satyam Computer Services in 2008-09, BT group exited the company, and Satyam Computer Services was merged with the company to form present-day Tech Mahindra. Moreover, it has been awarded the Brand of the Decade 2019 award by BARC Asia. Its net sales in 2018-19 were Rs 27,219.60 cr.

7. Infosys Technologies Limited

Infosys Technologies Limited was established on July 2, 1981, by seven professionals – Narayana Murthy, Kris Gopalakrishnan, Nandan Nilekani, Nagavara Ramarao, SD Shibulal, K Dinesh and NS Raghavan. In a very short time, Infosys has made a mark for itself as a significant software company in India and across the globe. It has over 50 offices across different countries of the world. Its net sales were Rs 73,107 cr in 2018-19.

8. Mindtree Limited

Mindtree Limited is an Indian multinational information technology and outsourcing company. This company was founded in 1999. The company works on Application Development and Maintenance, Data Analytics, Digital Services, Enterprise Application Integration and Business Process Management, Engineering R&D, Enterprise Application Services, Testing, and Infrastructure Management Services. It had net sales of Rs 7021.50 cr in 2018-19. L&T has recently acquired a 60% stake in Mindtree.

9. Oracle Financial Services Software Limited (OFSSL)

Oracle Financial Services Software Ltd is an IT company known as a solution provider to the banking industry. The company is famous for its products business and comprises product licensing, consulting and support. This is the company’s most important business segment. OFSSL has established its name worldwide through its sales and marketing network. Its net sales were Rs 3698.24 cr in 2018-19.

10. KPMG India

KPMG arrived in India in September 1993 and has since developed a sizable competitive presence there. The company has offices throughout the country, including Ahmedabad, Bengaluru, Chandigarh, Chennai, Gurugram, Hyderabad, Kochi, Kolkata, Mumbai, Noida, Pune, and Vadodara.

The company's worldwide approach to service delivery aids in offering clients value-added services. It provides its clients with a full range of services, including tax and regulatory, risk advisory, and financial and business advisory services. The clientele of KPMG in India totals more than 2700 businesses.

Their unique selling point comes from quick performance-based, industry-specific, and technology-enabled business advising services. Clients may receive quick and accurate business advice and good knowledge management systems.

Services offered by IT companies in India

1. Custom Business solutions

2. Collaborative Content Management

3. Internet Marketing

4. Web Branding Services

5. Database Migration services

6. Customization Services

7. Application Development

8. Outsourcing

9. ERP solutions

10. iPhone Apps development

11. Collaborative Commerce

12. Programming Services

13 Quality assurance and testing services

14. Multimedia offering

15. Consulting

The domestic software market largely depends upon selling software packages and products by the Top IT Companies in India. On the other hand, more than 80% of revenue from software exports comes from services like custom software development, consultancy services, etc. Indian IT/ ITeS exports will likely record 8 to 10% growth during the current fiscal year.

The export of software has also gone up, which has been instrumental in the massive success of Indian software companies and the industry. Software export from India accounts for more than 65% of the total software revenue. 

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