The growth of numerous India Software Companies has vastly helped in the growth of the economy. The Software Companies in India form the main component of the Information Technology in India.
The Indian Software Companies that dominate the software industry are those which look out for different opportunities and provide instant solutions to any kind of problems. The top ten India Software Companies that are dominating this industry are:
- Tata Consultancy Services (TCS)
- Wipro Technologies
- Infosys Technologies
- HCL Technologies
- Satyam Computer Services
- IBM India
- Cognizant Technology
- NIIT
- Silverline Technologies
- Pentasoft Technologies
All these India Software Companies have one thing in common; they offer a wide variety of services. These services range from consultancy services to Business Process Outsourcing (BPO) units to customized solutions in the IT domain. Among all the IT Companies in India TCS is the largest software company in Asia, ahead of other Indian software service providers like Infosys and Wipro. Earlier, it became the first Indian software company to cross the coveted US$ 1 billion revenue mark.
The Indian Software Industry has grown from a mere US $ 150 million in 1991-92 to a staggering US $ 5.7 billion in 1999-2000. No other Indian industry has performed so well against the global competition.
The growth of India Software Companies has great impact on the economy. Many software parks have been created in the software centers of India like Chennai, Hyderabad, Bangalore, Delhi and Chandigarh. The huge pool of cheap and competitive IT labour has attracted many international multi billionaire companies like Microsoft and Apple, which in turn is helping in making India the fastest growing software exporter in the world. Observing the growth rate of the India Software Companies the future looks bright.