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Top 20 IT services exports firms in India

Last updated on: July 19, 2010 09:51 IST

Top 20 IT services exports firms in India

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Agencies

The top 20 hardware and software companies in India had average revenue of $2 billion in 2009-10, according to the latest survey conducted by Dataquest, CyberMedia group journal.

The 24th annual survey saw the top 20 IT companies -- from both IT services export and domestic IT sector -- post a mixed performance, with the 8 fastest growing companies recording double digit growth.

Fourteen companies had a revenue of billion dollars and above during the period.

The top 200 IT companies posted total revenues of Rs 307,126 crore (Rs 3,071.26 billion) in the year, or a growth of 6.2 per cent (from Rs 289,093 crore or Rs 2,890.93 billion in 2008-09).

The number of companies registering zero or negative growth this year rose to 68, compared to 28 a year ago.

To know about the top 20 IT services export companies in India, click NEXT...


Image: Employees at an IT company in Bengaluru.
Photographs: Reuters
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Tata Consultancy Services: 1
Exports -- Rs 24,289 crore (Rs 242.89 billion);
Growth -- 2%

Tata Consultancy Services is a software services and consulting company. Its headquarter is in Mumbai.

The company's chief operation officer-cum-managing director is N Chandrasekaran. Its revenues for 2010 stood at Rs 30,028.92 crore ($6.4 billion).

TCS is the largest provider of information technology and business process outsourcing services in Asia.

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Image: S Ramadorai, Ex-CEO, Tata Consultancy Services speaks to N Chandrasekaran, CMD.
Photographs: Arko Datta/Reuters
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Infosys Technologies: 2
Exports -- Rs 21,141 crore (Rs 211.41 billion);
Growth -- 5%

Infosys Technologies Limited is an information technology services company. Its headquarter is in Bengaluru.

Kris Gopalakrishnan is the company's chairman-cum-managing director.

Infosys has 113,796 employees (including subsidiaries) as of 2010. The company's revenue stood at $4.804 billion as of March 31, 2010)

It has offices in 22 countries and development centres in India, China, Australia, the United Kingdom, Canada and Japan.

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Image: Infosys CEO S Gopalakrishnan
Photographs: Reuters
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Wipro: 3
Exports -- Rs 16,681 crore (Rs 166.81 billion);
Growth -- 3%

Wipro is one of the largest IT services company in India and employs more than 108,071 people worldwide as of March 2010.

The company does business in information technology, consumer care, lighting, engineering and healthcare businesses.

Azim Premji is the company's chairman and Girish Paranjpye and Suresh Vaswani are the joint chief operating officers.

The company's revenue stood at $6.03 billion as of March 2010.

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Image: Wipro chief Azim Premji
Photographs: Courtesy: Wesleyan University
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Cognizant Technology Solutions : 4
Exports -- Rs 15,581 crore (Rs 155.81 billion);
Growth -- 22%

Cognizant is an American IT services and consulting corporation. Its headquarter is in in Teaneck, New Jersey, USA.

The company's revenue stood at $3.279 billion as of 2009. The company has more than 85,000 employees.

Francisco D'Souza is the company's president and chief operating officer.

Its businesses include banking and financial services, insurance, healthcare and life sciences, retail, manufacturing, logistics, travel and hospitality, communications, and information, media and entertainment industries, among others.

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Image: Cognizant office in Salt Lake, Kolkata

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HCL Technologies: 5
Exports -- Rs 10,104 crore (Rs 101.04 billion);
Growth -- 25%

HCL Technologies is a global IT Services company. Its headquarter is in Noida, a suburb of New Delhi.

The company's founder chairman is Shiv Nadar and Vineet Nayar its chief operating officer.

The company's revenue stood at $5 billion as of 2010 and employed more than 58,129 workers.

HCL offers services in software, remote infrastructure management, engineering and research and development services and business process outsourcing.

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Image: HCL chief Shiv Nadar receives the Padma Bhushan from PResident Pratibha Patil.

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IBM India: 6
Export -- Rs 6,500 crore (Rs 65 billion)
Growth -- 3%

IBM India, Indian subsidiary of IBM, has facilities in Bengaluru, Delhi, Kolkata, Mumbai, Chennai, Pune, Gurgaon, Noida and Hyderabad.

IBM is a multinational computer technology and IT consulting corporation. Its headquarter is in New York, USA.

IBM worldwide expects its revenues to be about $120 billion by 2010.

The company's key people are Shanker Annaswamy, country manager and South Asia head and Rajesh Nambiar, vice president & general manager, global delivery.

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Image: Samuel Palmisano, chairman and CEO of of IBM.
Photographs: Jagadeesh NV/Reuters
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Accenture India: 7
Export -- Rs 4,464 crore (Rs 44.64 billion);
Growth -- 9%

Accenture India is a subsidiary of Accenture plc. The latter is a global management consulting, technology consulting and technology outsourcing company.

Since September 1 2009, the company has been incorporated in Ireland with its global headquarters located in Chicago.

Accenture plc's chairman and CEO is William D Green. The company's revenue stood at $21.58 billion as of 2009.

The subsidiary's chairman and geography managing director is Harsh Manglik and its executive director, geographic services is Rekha M Menon.

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Tech Mahindra: 8
Export -- Rs 4,297 crore (Rs 42.97 billion);
Growth -- 4%

Tech Mahindra Ltd is an information technology service provider company. Its headquarter is in Pune.

It is a joint venture between Mahindra & Mahindra Limited and BT Group plc, UK.

Tech Mahindra provides services ranging from IT strategy and consulting to systems integration, application development and maintenance, business process outsourcing, infrastructure management, security consulting, network transformation solutions & services, value added services and product engineering.

The company's revenue stood at $984.9 million as of 2009.

The company's key people are Anand Mahindra (chairman), Vineet Nayyar (vice chairman) and Sanjay Kalra (chief operating officer).

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Image: Mahindra and Mahindra vice president Anand Mahindra speaks at a press conference.
Photographs: Punit Paranjpe/Reuters
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MphasiS: 9
Exports -- Rs 3,874 crore (Rs 38.74 billion);
Growth -- 19%

MphasiS is an information technology and business process outsourcing company based in Bengaluru.

The company is headquartered in India and the US, as well as an on site presence at various global locations.

The company's chief operating officer is Ganesh Ayyar.

In June 2006, Electronic Data Systems purchased a controlling stake in the company (52 per cent) for $380 million and operates as an independent EDS unit.

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Image: MphasiS office in Bengaluru

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Oracle India: 10
Export -- Rs 3,621 crore (Rs 36.21 billion);
Growth -- 3%

Oracle India is a subsidiary of Oracle Corporation.

The latter is a multinational computer technology corporation that specialises in developing and marketing enterprise software products -- particularly database management systems.

Headquartered in Redwood City, California, United States, Oracle employs more than 115,000 people worldwide as of 2009.

Oracle established its Indian subsidiary in August 1993 with less than ten people. Shortly afterwards, in 1994, it became the first major US software company to establish an India Development Center in Bengaluru to support its product development strategy for global markets.

Currently, the Oracle Technology Park in Bengaluru, is hosting three major Oracle divisions: Oracle's India Development Center, company's International Support Center and Oracle Solution Services India.

The three divisions comprise a Center of Excellence supporting the company's global operations.

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Image: Charles E Phillips, Jr., president of Oracle Corporation, speaks at a press conference.
Photographs: Punit Paranjpe/Reuters
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The other 10 companies that made it to the top 20 It companies' list are:

No.

Company name

Exports (in Rs crore)

Growth (%)

11

Patni Computer Systems

2961

  -1

12

Hewlett-Packard India

2839

   0

13

Capgemini

2410

   6

14

CSC India

1937

  -5

15

L&T Infotech

1802

   3

16

Syntel

1694

 11

17

Aricent

1689

  -9

18

Prithvi Solutions

1341

-24

19

Polaris Software Lab

1216

  -1

20

Mindtree Consulting

1205

   4



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