Top 10 IT companies in India in 2025 by market capitalisation
Looking for the best companies in India's IT sector? This guide provides a detailed overview of India's top 10 IT companies
By Forbes India
Last Updated: Aug 29, 2025, 16:20 IST6 min
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The Indian IT industry is a dynamic and vibrant sector, a testament to the country"s capacity for innovation and technological advancement. With its roots tracing back to the late 20th century, the industry has grown exponentially, transforming India into a global IT powerhouse. Today, India is recognised worldwide for its technological prowess and is home to some of the world"s leading IT companies.
This article aims to spotlight India"s top 10 IT companies: We rank them based on their market capitalisations derived from respective stocks trading on the NSE as of August 29, 2025.
Top 10 IT companies in India
Here’s a quick look at India’s top 10 IT powerhouses:
| Rank & IT Comany | Market Cap (Rs Lakh Crore) | Employee Headcount (Approx) |
|---|---|---|
| #1 Tata Consultancy Service | 11.15 | 613,069 |
| #2 Infosys Limited | 6.10 | 323,578 |
| #3 HCL Technologies Limited | 3.94 | 223,420 |
| #4 Wipro Limited | 2.61 | 234,054 |
| #5 LTIMindtree Ltd. | 1.51 | 84,000 |
| #6 Tech Mahindra Ltd. | 1.45 | 154,273 |
| #7 Persistent Systems Ltd | 0.83 | 23,500 |
| #8 Oracle Financial Services Software Ltd | 0.72 | 8,868 |
| #9 Coforge Ltd | 0.57 | 33,497 |
| #10 MphasiS Ltd. | 0.52 | 31,601 |
Top 10 IT companies in India: A closer look
Now that we know which ones rank the highest among India’s best IT companies let’s take a deeper insight into our current top 10 IT companies in India:
Tata Consultancy Services
- CEO: K Krithivasan
- Headquarters: Mumbai, Maharashtra, India
- Founded on: April 1, 1968
TCS recently partnered with AIB Life, the newly-formed joint venture of Allied Irish Banks and Great-West Lifeco, to launch operations in Ireland and give AIB’s customers access to financial advice and other financial services through their phone with the AIM mobile banking app. This was done with its flagship insurance platform TCS BaNCS.
Infosys
- CEO: Salil Parekh
- Headquarters: Bengaluru, Karnataka, India
- Founded on: July 2, 1981
In June 2023, Infosys allied with Danske Bank with the goal of accelerating digital transformation. The deal is worth $454 million for a period of 5 years to start with.
HCL Technologies
- CEO: C Vijayakumar
- Headquarters: Noida, Uttar Pradesh, India
- Founded on: November 12, 1991
HCL Tech has recently launched a Global Delivery Centre in Rabat, Morocco, to lead transformation projects for clients in areas such as digitisation, cloud, AI, and software.
Wipro Limited
- CEO: Srini Pallia
- Headquarters: Bengaluru, Karnataka, India
- Founded on: December 29, 1945
Wipro has recently announced that Wipro FullStride Cloud has partnered with Pure Storage, an enterprise data storage solutions provider, to help clients speed up the sustainability journey.
LTIMindtree Ltd
- CEO & MD: Debashis Chatterjee
- Headquarters: Bengaluru, Karnataka, India
- Founded on: December 23, 1996
LTIMindtree partnered with Schneider-Neureither & Partner (SNP) in June 2023 to launch “Fast Forward" for Bluefield integration. Fast Forward is a full lifecycle solution meant to speed up migration to the SAP S/4HANA platform for an enterprise with the least possible risk while also allowing them to retain ERP.
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Tech Mahindra Ltd
- CEO & MD: Mohit Joshi
- Headquarters: Pune, Maharashtra, India
- Founded on: October 24, 1986
In March 2023, Mohit Joshi was appointed Tech Mahindra"s MD & CEO designate, and he suceeds Gurnani who retired on December 19, 2023. Notably, Joshi was previously the President at Infosys.
Persistent Systems Ltd
- CEO: Sandeep Kalra
- Headquarters: Pune, Maharashtra, India
- Founded on: May 16, 1990
Persistent got Sandeep Kalra as a professional CEO in the middle of the Covid-19 crisis in 2020, after founder Anand Deshpande didn’t see a successful journey for the firm with Christopher O’Connor, an IBM executive. After inheriting the CEO title, however, Kalra steered the company to entirely new heights. For instance, his goal was to get $1 billion in annual revenues in six to eight quarters, as stated in the third quarter of FY 2022. The company reached this goal by the March quarter of FY 2023, in just five quarters.
Notably, Kalra is an HCL Tech veteran, and he has also worked for Samsung in the past.
Oracle Financial Services Software Ltd
- CEO: Makarand S. Padalkar
- Headquarters: Mumbai, India
- Founded on: December 4, 1989.
AmBank (M) Berhad, a financial organisation from Malaysia, has recently extended its technology relationship with Oracle and signed a deal for its Financial Analytical Applications. Further, Ajman Bank from the Emirate of Ajman, UAE, has also signed a deal with Oracle and subscribed to the Oracle Financial Services Analytical Applications Cloud Service.
Coforge Ltd
- CEO: Sudhir Singh
- Headquarters: Greater Noida, Uttar Pradesh, India
- Founded on: May 13, 1992
Mphasis Ltd
- CEO & MD: Nitin Rakesh
- Headquarters: Bengaluru, Karnataka, India
- Founded on: June 6, 2000
While Mphasis notably underperformed in the last quarter of 2022 and is still going through somewhat tumultuous conditions, BlackStone’s investment in the enterprise continues to be a strong backbone for the company, along with the co-investment from the Abu Dhabi Investment Authority and The Regents of the University of California.
First Published: Jun 30, 2025, 09:49
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