Top 10 S/W Companies

1. Tata Consultancy Services

The Indian software industry is set to keep up its growth rate despite the slowdown in the economy. The National Association of Software and Services Companies (Nasscom) has forecast a strong outlook for FY08-09 strong with software and services revenue seen growing by 21-24 per cent. The software and services exports are set to hit the $50 billion-mark.

2. Wipro

What started off as a hydrogenated cooking fat company, Wipro is today is a $5 billion revenue generating IT, BPO and R&D services organisation with presence in over 50 countries.

3. Infosys

Infosys Technologies Ltd was started in 1981 by seven people with $250. Today, the company boasts of revenues of over $ 4 billion and 94,379 employees.

4. Mahindra satyam

Established in 1987 by Ramalinga Raju, Satyam has a staff strength of 51,000 employees. In 2008, the company's revenues crossed the $ 2-billion mark.

5. HCL Technologies

HCL is a leading global technology player with annual revenues of $4.9 billion. The HCL Enterprise comprises two companies listed in India, HCL Technologies and HCL Infosystems. Founded in 1976, HCL is one of 'India's original IT garage start ups'.

6. Tech Mahindra

Tech Mahindra was incorporated as a joint venture between Mahindra & Mahindra and BT plc in 1986 under the name of 'Mahindra-British Telecom'.

7. Patni Computer Systems

Patni Computer Systems Ltd one of the leading global providers of information technology services and business solutions. The company has clients across the Americas, Europe and Asia-Pacific locations.

8. i-flex Solutions

iflex started as a division of Citicorp (now Citigroup), wholly owned subsidiary called Citicorp Overseas Software Ltd. (COSL) in 1991. Later, a separate company Citicorp Information Technologies Industries Ltd. (CITIL) was formed and Rajesh Hukku was appointed as its head.

9. MphasiS

MphasiS Limited was formed in June 2000 after the merger of the US-based IT consulting company MphasiS Corporation (founded in 1998) and the Indian IT services company BFL Software Limited (founded in 1993).

10. L&T Infotech

L&T Infotech is a global IT services and solutions provider. It is a subsidiary company of is Larsen & Toubro Ltd. (L&T), an engineering, manufacturing and construction conglomerate, with global operations.