Wednesday, 21 June 2023

As of June 2023, there are over 1,70,000 software companies registered in India. This number includes both domestic and foreign companies. The top 5 states with the most software companies are:

As of June 2023, there are over 1,70,000 software companies registered in India. This number includes both domestic and foreign companies. The top 5 states with the most software companies are:

  1. Karnataka (40,000)
  2. Maharashtra (25,000)
  3. Telangana (15,000)
  4. Tamil Nadu (10,000)
  5. Andhra Pradesh (5,000)

The software industry in India is a major contributor to the country's economy. In 2022, the industry generated $245 billion in revenue, and it is expected to grow to $350 billion by 2025. The industry employs over 5 million people, and it is one of the largest employers in the country.

The growth of the software industry in India is being driven by a number of factors, including:

  • The availability of skilled IT professionals
  • The low cost of doing business in India
  • The government's support for the IT industry
  • The growing demand for IT services from global companies

The software industry is expected to continue to grow in India in the coming years. This growth will create new jobs and opportunities for the country's workforce.

Here are the top 10 software companies in India by performance, according to the 2023 Global IT Service 100 report by Everest Group:

  1. Tata Consultancy Services (TCS)
  2. Infosys
  3. Wipro
  4. HCL Technologies
  5. Cognizant
  6. Tech Mahindra
  7. Capgemini
  8. Accenture
  9. IBM
  10. NTT Data

These companies are ranked based on their financial performance, customer satisfaction, and ability to deliver innovative solutions. They are all leaders in the global IT services market, and they continue to grow and expand their operations.

In addition to these top 10 companies, there are many other software companies in India that are performing well. Some of these include:

  • Mindtree
  • LTI
  • Mphasis
  • Hexaware Technologies
  • L&T Infotech
  • Persistent Systems
  • KPIT Technologies
  • Zensar Technologies

These companies are all providing high-quality IT services to clients around the world. They are also investing in research and development, and they are developing new technologies that will shape the future of the IT industry.

The software industry in India is very competitive, but it is also very vibrant. There are many opportunities for software companies to grow and succeed. The future of the software industry in India looks very bright.

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