Software Companies in India

Overall Rating: star ratingstar ratingstar ratingstar ratingstar rating[4/5]Total Votes [ 213 ]  
Rate this page:
Today, India is home to some of the finest software companies in the world. The software companies in India are reputed across the globe for their efficient IT and business-related solutions.

Software Industry in India

With the massive success of the software companies in India, the Indian software industry, in turn,has become successful in making a mark in the global arena. This industry has been instrumental in driving the economy of the nation on to a rapid growth curve. According to the National Association of Software and Service Companies, the industry included 1.38 lakh people to its workforce on a net basis during one year, making the total number of employees 44.7 lakh.

The export of software has also gone up, which has been instrumental in the massive success of the Indian software companies and the industry. Software exports from India account for more than 65% of the total software revenue. The domestic software market largely depends upon the sale of software packages and products, constituting a significant part of revenues. Products account for almost 40% of the domestic market. On the other hand, more than 80% of revenue from software exports comes from software services like custom software development and consultancy services etc. India's software product industry is expected to reach US$ 100 billion by 2025.

Reasons behind Success of Indian software companies

There are a number of reasons why the software companies in India have been so successful. Besides the Indian software companies, several multinational giants have also plunged into the Indian IT market.

India is the hub of cheap and skilled software professionals, which are available in abundance. It helps software companies to develop cost-effective business solutions for their clients. As a result, Indian software companies can place their products and services in the global market at the most competitive rate. This is the reason why India has been a favourite destination for outsourcing as well. Many multinational IT giants also have their offshore development centers in India.

Interesting Facts about the Software Companies

  • India won recognition for its software writing skills in the late 1990s.
  • Cheaper salaries which are almost equal to one-fifth of the salaries paid to US and European IT counterparts, have helped outsourcing companies like Infosys, Tata Consultancy Services and Wipro.
  • The software industry in India was hit hard by the controversial fraud at Satyam Computers. IBM employs about 70,000 workers in India. The IT industry accounts for 5% of India's GDP.

Services offered by software companies in India

  • Custom Business solutions
  • Collaborative Content Management
  • Internet Marketing
  • Web Branding Services
  • Database Migration services
  • Customization Services
  • Application Development
  • Outsourcing
  • ERP solutions
  • iphone Apps development
  • Collaborative Commerce
  • Programming Services
  • Quality assurance and testing services
  • Multimedia offering
  • Consulting

IT Business Sectors

Most of the software companies in India are into varied types of business. There can be several types of business in the IT sectors:
  • Infrastructure Software: These include OS, middleware and databases.
  • Enterprise Software: These automate business processes in diverse verticals like finance,sales and marketing, production and logistics.
  • Security Software
  • Industry-specific Software

Top Software Companies in India

There are plenty of software companies in India that have been doing well. However, some of the top Indian software companies can be listed as:

  1. Tata Consultancy Services:TCS or Tata Consultancy Services is one of the operative subsidiaries of the Tata Group. It is the largest information technology company not only in India but Asia. Spread across 47 countries in the globe, this software company was established way back in 1978.
    Contact Details
    9th Floor, Nirmal Building,Nariman Point, Marine Lines,R N Goenka Marg, Nariman Point,Bombay
  2. Wipro Limited:Wipro is among the largest software companies in India, with its headquarters in Mumbai. Listed on the New York Stock Exchange, Wipro Technologies was established in 1980. According to a recent survey carried out by Brand Finance and The Economic Times in 2010 Wipro stands as the nine most valuable brands in India. Therefore, Wipro is actively involved in the Application.

    Development and Maintenance, Product Engineering, Business Process Outsourcing Technology Infrastructure etc.
    Contact Details
    Velocity Building, Ground Floor,Logitech Park, Andheri Kurla Road,Saki Naka, -400072, Andheri East
  3. Infosys Limited:Infosys Technologies Limited was established on July 2 1981, by seven people Narayana Murthy, Kris Gopalakrishnan, Nandan Nilekani, Nagavara Ramarao, S. D. Shibulal, K Dinesh and N. S. Raghavan. Infosys, in a concise period, has managed to make a mark for itself as a major software company not only in India but across the globe. Offering 33 offices spread across different countries. This year in May, Infosys partnered with Majesco, a New Jersey-based cloud insurance software solutions provider, allow insurance companies to assist in digital adoption and improvement across the insurance value chain.
    Contact Details
    Corporate Headquarters Plot No. 44 & 97A,Electronics City,Hosur Road, Bangalore - 560 100
  4. HCL Technologies Limited:HCL Technologies is the IT service wing of HCL. Founded on November 12 1991, HCL Technologies is headquartered in Noida. Counted amongst the leading software companies in India, this company earned consolidated revenues of US$ 3.1 billion in the year 2010. It issued a multi-year contract with Hitachi ABB Power Grids this year in May to set up a new greenfield digital foundation as part of a worldwide transformation programme.With this partnership, HCL will aid Hitachi ABB Power Grids to build a new, efficient and modern independent IT organisation.
    Contact Details
    Corporate Office A-10/11, Sector - 3 Noida - 201 301, Uttar Pradesh, India
  5. Tech Mahindra Limited:Tech Mahindra is a joint venture between BT Group plc of the UK and the Mahindra Group. Holding the title of the fifth-largest software exporting company in India Tech Mahindra has grown by leaps and bounds since its inception in 1986.
    Contact Details
    Mahindra India & World Headquarters Mahindra Towers G M Bhosale Marg Mumbai 400018 India
  6. IBM India:IBM came to India in 1992. Since the year 2006, this software company in India holds the record of employing the most significant number of people. IBM has offices in most of the metropolitans and other important cities in India. It partnered with 11 top-tier academic institutions, including IIT Kharagpur and the Indian Institute of Science (IISc), Bangalore, to permit ‘over-the-cloud’ access to its quantum systems to enhance advanced training and research in the area of quantum computing.
    Contact Details
    4th Flr, IL&FS Financial Centre, Plot C-22, 400052, Bandra Kurla Complex, Bandra West, Mumbai India

Map Showing Software Companies in India

Software Companies in India
For more information contact : [email protected]
Disclaimer : All efforts have been made to make this image accurate. However Compare Infobase Limited and its directors do not own any responsibility for the correctness or authenticity of the same.

Last Updated on July 30, 2021