New Delhi
NASSCOM, the chamber of commerce and “voice” of the IT software and services industry in India, today released the rankings of the top 20 IT-ITES employers in India for FY 06-07. The top 20 companies collectively employ over 500,000 people of the 1.6 million employed directly in the industry. The rankings are based on the India-based headcount of firms with IT-ITES operations in India, as reported to NASSCOM in its annual survey. As per the rankings, TCS is the leader followed by Infosys Technologies and Wipro Technologies.
Commenting on the survey findings Kiran Karnik, President, NASSCOM, said, “The Indian IT-ITES industry is India’s largest employment generator in the organized sector of today creating jobs for over 7.5 million people both directly and indirectly, and as per our research this figure is expected to cross 10 million by 2010. A varied combination of factors have led to this - healthy growth environment, attractive remuneration and different kinds of employment opportunities in the new economy based on varying skill sets, and above all the availability of talent in India which meets the employment projections. What we do need to work on is the quality factor to ensure we remain the highest employment generator and maintain our share of the global offshore IT and ITES industry.”
Addressing the aspect of new destinations for the IT-ITES industry, Mr. Karnik added, “Today, this employment is spread across many cities, and the industry is increasingly going to tier II and tier III cities. This process of widespread geographical dispersion of the industry is being adversely affected by the non-extension of the STPI scheme and attendant tax incentives.”
Footnotes: This list is based on the India-based headcount of firms with IT-ITES operations in India, as reported to NASSCOM in its annual survey. Based on publicly available information, few other MNC’s such as Accenture and IBM would have also featured in this list. However, as they have not participated in the survey, we do not have all the required details and are unable to rank them. Most companies on this list are engaged in IT as well as ITES. Companies marked with an * indicate pure-play ITES-BPO firms. Tech Mahindra was inadvertently not ranked earlier, hence this list is extended to 21.
Methodology
NASSCOM sends out a detailed questionnaire annually to all its member companies, accounting for 95 percent of the Indian IT software and ITES industry revenue. Information collated through the questionnaire includes: aggregate performance; service lines; verticals and geographies.
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Updated on:
23 Jul, 2007
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