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Top 20 IT companies in India

Last updated on: July 23, 2010 07:34 IST

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Information technology is an important indicator to gauge a country's economic growth and India is no exception. Therefore, organisations, financial bodies and media houses conduct surveys time and again to arrive at revenue structure of reputed IT companies of India.

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

However, the top 20 companies just about managed to match the Indian gross domestic product growth rate of 8.4 per cent in rupee terms to report a combined revenue of Rs180,193 crore ($39.52 billion) in FY '10 compared to Rs 174,605 crore (Rs 1,746.05 billion) in FY '09, according to the survey. All the company revenues are from April 2009 to March 2010.

The revenues do not include their business process outsourcing  revenues. Which is also why Infosys Technologies is not included in the top 20 list compiled by Dataquest.

For companies headquartered in India, Dataquest has taken the entire IT revenue; for companies that do business in India too entire domestic IT revenue has been taken; for non-Indian companies who export out of India, the journal has taken only the revenue generated by the Indian legal entity.

Let's take a look at India's top 20 IT companies in India in terms of revenue.

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Hewlett-Packard India: 1
Revenue: Rs 14,992 crore (Rs 149.92 billion)
Growth: 16%

Hewlett-Packard Company is an American multinational information technology corporation with an office in almost every country of the world. It is headquartered in Palo Alto, California.

Mark V Hurd is the company's president, chief executive officer and chairman.

HP specialises in developing and manufacturing computing, data storage, networking hardware, designing software and delivering services.

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Image: Hewlett-Packard office.

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HCL Infosystems Ltd: 2
Revenue: Rs 11,836 crore (Rs 118.36 billion)
Growth: -4%

HCL Infosystems Ltd is a subsidiary of HCL.

The hardware and systems integrating company has a presence in 170 locations with headquarter in Noida.

It has manufacturing facilities in Chennai, Puducherry and Uttarakhand.

Ajai Chowdhry is the company's chairman and chief executive officer.

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Image: HCL office.

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Ingram Micro India: 3
Revenue: Rs 8,824 crore (Rs 88.24 billion)
Growth: -6%

Ingram Micro Inc. is the world's largest technology distributor, providing sales, marketing and logistics services for the IT industry worldwide. Ingram Micro India is a subsidiary of this company.

Ranked 67 in the 2009 Fortune 500 listing, the company operates in 34 countries with approximately 15,000 associates worldwide.

Greg Spierkel is the chief operating officer of Ingram Micro Inc and Dale Laurance its chairman.

K Jaishankar is the managing director of Ingram Micro India.

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Redington: 4
Revenue: Rs 7,024 crore (Rs 70.24 billion)
Growth: 7%

Redington India, incorporated in 1961, commenced the operations in 1993 distributing information technology products.

The company gradually expanded its operations across India covering a broad range of IT and telecom products with offices in India, West Asia and Africa.

P S Neogi is the president of IT products and E H Kasturi Rangan is its president, consumer and digital products division.

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IBM India: 5
Revenue: Rs 5,888 crore (Rs 58.88 billion)
Growth: 2%

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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Dell India: 6
Revenue: Rs 5,275 crore (Rs 52.75 billion)
Growth: 24%

Dell India is a subsidiary of Dell Inc. The latter is a multinational information technology corporation. Based in Round Rock, Texas, the company develops, sells and supports computers and related products and services.

Michael S Dell is the company's chairman and chief executive officer.

Dell is one of the largest technological corporations in the world, employing more than 96,000 people worldwide.

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Wipro: 7
Revenue: Rs 5,268 crore (Rs 52.68 billion)
Growth: 9%

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

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.

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Image: Wipro chairman Azim Premji.
Photographs: Courtesy: Wipro Ltd
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Intel India: 8
Revenue: 4,690 crore (Rs 46.9 billion)
Growth: Not available

Intel India is a subsidiary of Intel Corporation. The latter is a technology company, and the world's largest semiconductor chip maker, based on revenue.

It is the inventor of the x86 series of microprocessors, the processors found in most personal computers.

The 2010 rankings of the world's 100 most powerful brands published by Millward Brown Optimor showed the company's brand value at number 48.

Paul S Otellini is the company's chief executive officer and Craig Barrett is its chairman.

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Microsoft India: 9
Revenue: Rs 3,575 crore (Rs 35.75 billion)
Growth: 14%

Microsoft entered India in 1990 and has since worked closely with the Indian government, IT industry, academia and local developer community for ushering in some of the early successes in the realm of IT.

Bill Gates is the chairman of Microsoft Corporation, Steve Ballmer the chief executive officer of Microsoft Corporation and Ravi Venkatesan, chairman of Microsoft India.

Microsoft currently has offices in 16 cities -- Ahmedabad, Bengaluru, Chandigarh, Chennai, Coimbatore, Hyderabad, Indore, Jaipur, Jamshedpur, Kochi, Kolkata, Lucknow, Mumbai, Nagpur, New Delhi, and Pune.

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Image: Eric Schmidt (left) CEO of Google and Bill Gates, former CEO of Microsoft in Sun Valley,
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SAP India: 10
Revenue: Rs 3,204 crore (Rs 32.04 billion)
Growth: 46%

SAP India is a subsidiary of SAP AG.

The latter is a German software development and consulting corporation, which provides enterprise software applications and support to businesses of all sizes globally.

The company is headquartered in Walldorf, Germany, with regional offices across the world.

Bill McDermott is the company's co-chief executive officer, global field operations, and Jim Hagemann Snabe is its co-CEO, business solutions & technology.

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Tata Consultancy Services: 15 
Revenue:  Rs 2,392 crore (Rs 23.92 billion)
Growth -- 15%

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.

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

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Image: Ramadorai, former CEO, Tata Consultancy Services speaks to N Chandrasekaran, CMD.
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Infosys Technologies: Not among the top 20 listed by Dataquest 

I
nfosys 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 (IT + BPO) 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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Here is a list of other companies that made it into the top 20 list:

Rank

Company

Revenue (in Rs crore)

Growth

11

Acer India

2,749

38

12

Oracle India

2,700

11

13

APC-MGE

2,620

-1

14

Emerson Network Power India*

2,500

NA

16

Lenovo India

2,396

-3

17

Cisco Systems India

2,324

0

18

Tulip Telecom

1,965

22

19

LG India

1,798

39

20

Samsung India

1,664

29

 



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