Thanks to government support and a good English-based professional software development ecosystem, India has been one of the largest software development outsourcing hubs in the world. According to Statista, IT-BPM contributed around 7.5% of total GDP in 2023. India makes up more than 19% of total global IT outsourcing spending. As of 2022, India generated approximately US 178 billion in export revenue making it the topmost IT outsourcing hub.
With a growing pool of skilled software developers and a reputation for delivering quality software solutions, Indian IT companies are trusted partners for businesses worldwide looking to outsource software development.
Here, we have curated a list of the best software development outsourcing companies in India, known for their reliable services in AI software development, custom software development, application development, web app development, and more.
Top 25 IT Companies in India
1. Tata Consultancy Services
Tata Consultancy Services which is also known by the short name TCS was established in 1968 and is engaged in the IT sector with various services. The headquarter of the company is in Mumbai and the company also have 242 branches across the globe with 500,000+ employees. The company have branches in India, USA, Canada, UK, Germany, and France.
TCS provides various IT services like automation & AI, cyber security, cognitive business operations, cloud, internet of things, enterprise applications, consulting, analytics and insights, blockchain, and more.
Founded: | 1968 |
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Employees: | 10,000+ |
Avg Hourly Rate: | $50 – $99/hr |
Trading Symbol: | TCS |
Location: | India, USA, Canada, UK, Germany, and France |
2. Infosys
Infosys is one of the popular IT companies in India. The company was established in 1981 and its headquarter is in Bangalore. The company have 191 branches across the globe with 200,000+ employees.
Infosys provides various IT services like cloud services, cyber security, application development, consulting services, app modernization, data analytics, IoT, testing, salesforce, blockchain, digital marketing, and more. With over 3 decades of experience and workings of global enterprises, they expertly steer the clients through their digital journey.
Founded: | 1981 |
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Employees: | 10,000+ |
Avg Hourly Rate: | >$25/hr |
Trading Symbol: | INFY |
Location: | India, USA, Denmark |
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3. HCL Technologies
HCL is a next-generation global technology company also known as Hindustan Computers Limited. This company began its journey in 1976 and its headquarter is in Noida. The company has 180 branches across the globe with over 100,000+ employees.
HCL Technologies offers an integrated portfolio of products, IT solutions, and services. They provide services around Digital Transformation, IoT, Cloud, Automation, Cybersecurity, Infrastructure Management, and Engineering Services, and many more.
Founded: | 1976 |
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Employees: | 10,000+ |
Avg Hourly Rate: | $25 – $49/hr |
Trading Symbol: | HCLTECH |
Location: | India |
4. Wipro Limited
Wipro is a leading global IT company established in 1945. The headquarter of the company is in Bangalore and they have 20 branches across the globe with 200,000+ employees.
The company provides services like data analytics, AI, infrastructure services, digital operations & platforms, cyber security, blockchain, mobile application, consulting, and many more. The company is recognized globally for its comprehensive portfolio of services, commitment to sustainability, and good corporate citizenship.
Founded: | 1945 |
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Employees: | 10,000+ |
Avg Hourly Rate: | $25 – $49/hr |
Trading Symbol: | WIPRO |
Location: | India, USA |
5. Sonata Software
Sonata is a leading technology company that creates successful platform-based digital transformation initiatives for small to big enterprises. The company’s headquarters is located in Bangalore, Karnataka, and have employees around 5000+ around the globe. The company was founded in 1986 and today have branches in several countries like USA, UK, Australia, Japan, and many more.
They provide services on new digital technologies like IoT, AI, ML, RPA, Chatbots, Blockchain, Cyber Security and more. To make a difference to business with technology, the company brings together thought leadership, commitment, & excellence.
Founded: | 1986 |
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Employees: | 5000+ |
Avg Hourly Rate: | N/A |
Trading Symbol: | SONATSOFTW |
Location: | USA, UK, Australia, Japan, etc. |
6. Mphasis Limited
Mphasis is a leading applied technology services company established in 1998. The headquarter of the company is in Bangalore and have branches in India, UK, USA, Canada, Germany, France, China, Singapore, etc with over 20,000+ employees.
The company provides various services like mobile app development, cloud, DevOps Automation, infrastructure, blockchain, cyber security, business process services, and next-gen IT operations, etc. They believe in growth by knowledge, responsibility by authority, and freedom by flexibility.
Founded: | 1998 |
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Employees: | 10,000+ |
Avg Hourly Rate: | >$25/hr |
Trading Symbol: | MPHASIS |
Location: | India, UK, USA, Canada, Germany, France, China, Singapore |
7. Larsen & Toubro Infotech Limited
LTI (Larsen & Toubro Infotech) is a global technology consulting and digital solutions Company helping more than 460 clients after it was founded in 1997. The headquarter of the company is in Mumbai and have branches in India, UK, USA, Canada, France, UAE, Canada, Hong Kong, etc with over 35,000+ employees.
The services provided by the LTI company are blockchain, cloud services, system integration, information technology consulting services, next-generation workplace, and application development. They go the extra mile to assist clients and accelerate their digital transformation journeys.
Founded: | 1997 |
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Employees: | 10,000+ |
Avg Hourly Rate: | >$25/hr |
Trading Symbol: | LTI |
Location: | India, UK, USA, Canada, France, UAE, Canada, Hong Kong, etc. |
8. Tech Mahindra
Tech Mahindra is one of the top 15 IT service providers in India. It was established in 1986 and have headquarters in Pune with 126,000+ employees around the globe. The company have branches in India, USA, UK, Germany, France, China, Australia, Japan, Switzerland, Brazil, and Italy.
The company is focused on leveraging next-gen technologies including 5G, Blockchain, Cybersecurity, AI, and more, to enable end-to-end digital transformation worldwide.
Founded: | 1986 |
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Employees: | 10,000+ |
Avg Hourly Rate: | >$25/hr |
Trading Symbol: | TECHM |
Location: | India, USA, UK, Germany, France, China, Australia, Japan, Switzerland, Brazil, and Italy |
9. Redington India Ltd
Started in 1993, Redington India Ltd is a leading distributor of world-class IT products with a clear emphasis on supply chain excellence and operational efficiency. The company have its headquarters in Chennai and have 3000+ employees working around the globe. They also have branches in India, Middle East, Africa, and Singapore.
The company provides services like cloud, 3D printing, HP Indigo & logistic services like ProConnect Logistics. A strong management team, supported by a dedicated execution team makes this company a Distributor of choice to both vendors and resellers.
Founded: | 1993 |
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Employees: | 3000+ |
Avg Hourly Rate: | N/A |
Trading Symbol: | Redington Ltd. |
Location: | India, Middle East, Africa, Singapore |
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10. Cognizant
Founded in the year 1994, Cognizant is the world’s leading professional IT services provider company. The company has a branch in Bangalore with 10000+ employees across the globe. The company’s unique industry-based, consultative approach helps its clients build and run businesses more efficiently.
The company helps its customer in modernizing technology, reimagining processes, and transforming experiences so they stay ahead in a fast-changing world.
Founded: | 1994 |
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Employees: | 10,000+ |
Avg Hourly Rate: | >$25/hr |
Trading Symbol: | CTSH |
Location: | India, USA, Europe, Asia Pacific |
11. Eclerx
It is an Indian-based IT consulting company founded in 2000 with the goal of transitioning, managing and transforming complex business processes. The company is public limited and its shares are listed on BSE and National Stock Exchange of India. The company have headquarters in Mumbai and consists of 10,000+ employees all over the world.
Eclerx provides core services like customer operations, Digital, Finance, IT, AI, and more. The company have branches across Australia, Canada, Germany, India, Italy, Netherlands, Philippines, Singapore, Thailand, UK, and the USA.
Founded: | 2000 |
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Employees: | 10,000+ |
Avg Hourly Rate: | N/A |
Trading Symbol: | ECLERX |
Location: | Australia, Canada, Germany, India, Italy, Netherlands, Philippines, Singapore, Thailand, UK, & USA |
12. Accenture
Founded in the year 1989, Accenture is one of the top IT companies. The company offers different services like Consultancy, technology, framework, BPO, system integration, and infrastructure outsourcing. Accenture is headquartered is in Bangalore serving more than 550,000+ individuals in over 120 nations.
The company embraces the power of change to build value and shared success for its clients, shareholders, partners, and communities. Their employees deliver on the promise of the latest technology and human creativity. Accenture uses the latest technology to empower the clients, preparing solutions that keep them ahead of the competition.
The company provides services in various countries like Africa, Asia Pacific, Europe, Middle East, USA, UK, and many more.
Founded: | 1989 |
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Employees: | 10,000+ |
Avg Hourly Rate: | $100 – $149/hr |
Trading Symbol: | ACN |
Location: | India, Ireland, Africa, Asia Pacific, Europe, Middle East, USA, & UK |
13. Oracle
Oracle is one of the biggest database software & technology companies. The company is not only changing the world of business but also assists governments, advancing scientific and medical research. Companies of all sizes use Oracle’s tools to simplify supply chains, human resources and connect data with people across the world.
Oracle believes that various points of view are important for innovation. The company’s mission is to help people see data in new ways and unlock endless possibilities. The company gives services in many countries like Africa, UK, USA, and many more.
Founded: | 1977 |
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Employees: | 10,000+ |
Avg Hourly Rate: | >$25/hr |
Trading Symbol: | N/A |
Location: | India, USA, Croatia, Africa, UK etc. |
14. IBM
International Business Machines Corporation (IBM) is the leading IT company, founded in the year 1911. Today the company is having more than 5,20,000+ employees serving customers in over 170 nations.
IBM offers different types of services like the IoT, frameworks service, experience configuration, research, and cloud services. At IBM, they are committed to giving people the opportunity to make tech accessible for everyone. IBM’s systems power some of the world’s crucial industries and its clients are the designers of the future. The company has headquarters in Bengaluru and have branches in several countries like UK, USA, Africa, and many more.
Founded: | 1911 |
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Employees: | 10,000+ |
Avg Hourly Rate: | $50 – $99/hr |
Trading Symbol: | IBM |
Location: | India, USA, UK, Africa |
15. Capgemini India Pvt ltd
Founded in 1967, Capgemini is a global leader in transforming and managing business by harnessing the power of technology. The company have expertise in Outsourcing, Process Consulting, Custom Solution Development, App Management, and more. The company is trusted by its clients for their business needs, from strategy and design to operations.
Moreover, the company is guided every day by its intent of unleashing human energy via technology for a sustainable future. The company have a diverse organization of 280,000+ employees spread across 50+ countries.
Founded: | 1967 |
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Employees: | 10,000+ |
Avg Hourly Rate: | $100 – $149/hr |
Trading Symbol: | N/A |
Location: | India, France, USA |
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16. Coforge
Coforge (formerly known as NIIT Technologies) is a leading IT solutions services company. They achieve real-world business impact with their domain expertise and using emerging technologies. The company offers services like cloud, data and analytics, digital process transformation, intelligent automation, and other solutions.
The headquarter of the company is in Noida, Uttar Pradesh, and have branches in America & Canada, Europe, Middle East, etc with over 17,075+ employees.
Founded: | 2004 |
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Employees: | 10,000+ |
Avg Hourly Rate: | N/A |
Trading Symbol: | COFORGE |
Location: | India, USA, Canada, Europe, Australia, Middle East, etc. |
17. Hexaware Technologies Ltd
Established in 1990, Hexaware is a fast-growing next-generation service provider delivering excellence in IT, BPO, and consulting services. Digital offerings by this company have helped its clients achieve operational excellence. The company is driven by robust strategies, passionate teams, a global culture rooted in innovation and automation. The company provides services like data modernization, cloud, IoT, technology advisory & consulting, API & integration, data visualization, and marketing operations.
There are 19,000+ employees working in the company. The headquarters of the company is in Navi Mumbai and have 33 branches in countries like USA, Australia, Canada, UK, Japan and more.
Founded: | 1990 |
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Employees: | 10,000+ |
Avg Hourly Rate: | $100 – $149/hr |
Trading Symbol: | HEXAWARE |
Location: | India, USA, Australia, Canada, UK, Japan, etc. |
18. ITC Infotech
ITC Infotech is one of the leading global technology service and solutions providers in India. The company was founded in 2000 and have an employee strength of 11,000+.
Big Data, Software Product Engineering, CRM, ERP, Business Analytics, IT Services, Cloud Integrated DevOps, Cloud Automation, and many more. ITC Infotech is a fully owned subsidiary of ITC Ltd, one of India’s most trusted companies.
Founded: | 2000 |
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Employees: | 11,000+ |
Avg Hourly Rate: | N/A |
Trading Symbol: | ITC |
Location: | USA, Canada, Switzerland, and India |
19. WNS Global
WNS Global is innovative, digital-led transformational solutions provider. The company was founded in 1996 and have headquarters in Mumbai, Maharashtra. Today, the company is having 49,000+ employees, 55+ branches in the countries like China, India, South Africa, UK, USA, and many more.
The company is known for its Business process management, outsourcing, IT consulting, Transformation Solutions, and other related services.
Founded: | 1996 |
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Employees: | 10,000+ |
Avg Hourly Rate: | >$25/hr |
Trading Symbol: | N/A |
Location: | China, India, South Africa, UK, USA, etc. |
20. Zensar Technologies
Founded in 2001, Zensar Technologies is a technology consulting and services company in India. The company have its headquarters in Pune and have 10,000+ employees working around the world. They also have branches in countries like India, US, UK, and South Africa.
The company provides services like AI/ML, Automation, Digital Engineering, Application Transformation, and many more. The company has expertise to address the needs of enterprises in dynamic industries such as Manufacturing, Banking & Financial Services, Insurance, Public Services, Healthcare, and many more.
Founded: | 2001 |
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Employees: | 10000+ |
Avg Hourly Rate: | $100 – $200 / hr |
Trading Symbol: | ZENSARTECH |
Location: | India, USA, South Africa, UK |
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21. Quess Corp Limited
Established in 2007, Quess is a business services provider in India. The company has branches in over 64 countries like India, USA, and many more. The company have an employee strength of 17,000+.
Quess provides a host of technology-enabled staffing and managed outsourcing services across processes such as sales & marketing, back-office operations, manufacturing, facilities and security management, HR, IT & mobility services, etc.
Founded: | 2007 |
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Employees: | 10,000+ |
Avg Hourly Rate: | N/A |
Trading Symbol: | QUESS |
Location: | India, South East Asia & North America |
22. Cyient
Established in 1991, Cyient is a leading global digital engineering and technology company. The company has its headquarters in Hyderabad and have 10,001+ employees working around the globe. They also have branches in India, Australia, New Zealand, Canada, and more.
The company has expertise in engineering, manufacturing, and digital technology to deliver next-gen solutions that meet the highest standards of reliability, & performance.
Founded: | 1991 |
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Employees: | 10000+ |
Avg Hourly Rate: | $50 – $180/ hr |
Trading Symbol: | CYIENT Ltd. |
Location: | India, Australia, New Zealand, Canada |
23. Birlasoft
Brilasoft is a leading IT company established in 1990. The headquarter of the company is in Pune, Maharashtra and have branches in USA, Australia, UAE, and many more with over 10,000+ employees.
The company provides services like Enterprise app, app Development and migration, QA & Testing, CRM, Mobility, Cloud, CMS, Digital Transformation, and many more.
Founded: | 1990 |
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Employees: | 10,000+ |
Avg Hourly Rate: | >$25/hr |
Trading Symbol: | BSOFT |
Location: | India, USA, Australia, UAE |
24. Persistent Systems
Founded in 1990, Persistent Systems is one of the reputed Digital Engineering and Enterprise Modernization partners building software that drives customer business. The company’s headquarters is located in Pune, Maharashtra, and have 16,000+ employees around the globe. The company also have branches USA, Australia, Singapore, and many more.
The company have expertise in many services like digital transformation, digital business strategy, core IT modernization, digital product engineering, data-driven business & intelligence, and others.
Founded: | 1990 |
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Employees: | 10,000+ |
Avg Hourly Rate: | $100 – $149 / hr |
Trading Symbol: | PERSISTENT |
Location: | India, USA, Australia, Singapore, and Europe |
25. WeblineIndia
WeblineIndia is a leading global IT consulting and outsourcing company specializing in web and mobile technologies including enterprise mobility, AI/ML apps development, and prompt engineering. With more than 25 years of experience, WeblineIndia has remarkably delivered innovative software solutions to clients from all over the world. WeblineIndia is a US-based company with its development hub in India for bespoke affordable IT solutions for all industry verticals including healthcare, finance, eCommerce, automotive, and the like. We have 100+ resources of experts from designing, development, QA, and consultants to produce highly scalable solutions to ensure success in today’s digital landscape.
Founded: | 1999 |
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Employees: | 150+ |
Avg Hourly Rate: | N/A |
Trading Symbol: | N/A |
Location: | India, USA |
Conclusion
Selecting the right software outsourcing company for your projects is crucial, as it can significantly impact your success. We hope our list of the top 25 software development companies in India helps you make an informed choice. Partnering with the right outsourcing provider can streamline your development process, reduce costs, and ensure high-quality results.
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Frequently Asked Questions
– Tata Consultancy Services (TCS)
– Infosys
– HCL Technologies
– Wipro Limited
– Larsen & Toubro Infotech Limited (L&T)
– Tech Mahindra
– Cognizant
– Accenture
– IBM
– Capgemini India Pvt ltd
– Tech Mahindra
– Accenture
– HCL Technologies
– Larsen & Toubro Infotech Limited (L&T)
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