Big Tech in India, also known as the Indian IT Giants, are the largest companies in the
Indian information technology industry. The definition primarily includes
Tata Consultancy Services
Tata Consultancy Services (TCS) is an Indian Multinational corporation, multinational technology company specializing in information technology services and consulting. Headquartered in Mumbai, it is a part of the Tata Group and operates in 150 ...
,
Infosys
Infosys Limited is an Indian multinational corporation, multinational technology company that offers business consulting, information technology, and outsourcing services. Founded in 1981 in Pune, the company is headquartered in Bengaluru.
On ...
,
HCLTech, and
Wipro
Wipro Limited () is an Indian multinational technology company based in Bengaluru. It provides information technology, consulting and business process services. It is one of India's Big Six IT services companies. Wipro's services include cloud ...
, and also often encompasses
Cognizant
Cognizant Technology Solutions Corporation is an American Multinational corporation, multinational information technology consulting and outsourcing company originally founded in India. It is headquartered in Teaneck, New Jersey, United States. Co ...
and
Tech Mahindra. They are referred to in the media as "Big Six" or "Big Five",
and with
acronyms
An acronym is a type of abbreviation consisting of a phrase whose only pronounced elements are the initial letters or initial sounds of words inside that phrase. Acronyms are often spelled with the initial Letter (alphabet), letter of each wor ...
such as TWITCH and WITCH.
The companies are among the dominant players in the
global delivery model, providing
IT consulting,
outsourcing
Outsourcing is a business practice in which companies use external providers to carry out business processes that would otherwise be handled internally. Outsourcing sometimes involves transferring employees and assets from one firm to another ...
and
offshore software development to
''Fortune'' Global 500 corporations and government entities. All six companies feature among the
20 largest employers in India. Five of them are part of the
NIFTY 50
The NIFTY 50 is an Indian stock market index that represents the Capitalization-weighted index#Free-float weighting, float-weighted average of 50 of the largest Indian companies listed on the National Stock Exchange of India, National Stock E ...
benchmark index of most valuable publicly-listed companies, while the sixth, Cognizant, is part of the
Nasdaq-100
The Nasdaq-100 (NDX) is a stock market index made up of equity securities issued by 100 of the largest non-financial companies listed on the Nasdaq stock exchange. It is a modified capitalization-weighted index. The stocks' weights in the inde ...
.
Background
In the 2000s,
Gartner
Gartner, Inc. is an American research and advisory firm focusing on business and technology topics. Gartner provides its products and services through research reports, conferences, and consulting. Its clients include large corporations, gover ...
coined the acronym SWITCH, to refer to the six largest Indian IT companies
Satyam,
Wipro
Wipro Limited () is an Indian multinational technology company based in Bengaluru. It provides information technology, consulting and business process services. It is one of India's Big Six IT services companies. Wipro's services include cloud ...
,
Infosys
Infosys Limited is an Indian multinational corporation, multinational technology company that offers business consulting, information technology, and outsourcing services. Founded in 1981 in Pune, the company is headquartered in Bengaluru.
On ...
,
TCS,
Cognizant
Cognizant Technology Solutions Corporation is an American Multinational corporation, multinational information technology consulting and outsourcing company originally founded in India. It is headquartered in Teaneck, New Jersey, United States. Co ...
and
HCL. This acronym and the term "Big Six" subsequently found wide usage in
forecast reports of other analysts and news media.
Following Satyam's liquidation and business transfer to
Tech Mahindra, the acronym shortened to WITCH,
while several outlets started using TWITCH by replacing Satyam with Tech Mahindra.
Even after Cognizant shifted its headquarters from India to the United States, analysts have continued to refer to it as an Indian-heritage company, as a large majority of its workforce (about three-fourths) remains in India like its India-based peers. Some definitions in the Indian stock market context omit Cognizant from the grouping because it is not listed on the Indian exchanges.
Members
The table below lists companies that have been frequently included in the definition, sorted by
market capitalization
Market capitalization, sometimes referred to as market cap, is the total value of a publicly traded company's outstanding common shares owned by stockholders.
Market capitalization is equal to the market price per common share multiplied by ...
.
See also
*Other "Big" industry terms:
**
Big Tech United States
**
Big Four accounting firms
The Big Four are the four largest professional services networks in the world: Deloitte, Ernst & Young, EY, KPMG, and PwC. They are the four largest global accounting networks as measured by revenue. The four are often grouped because they ar ...
**
Big Three (automobile manufacturers)
In the Automotive industry in the United States, United States automotive industry, the term ''Big Three'' is used for the country's three largest motor vehicle manufacturers, especially indicating companies that sell under multiple brand names. ...
**
Big Three (management consultancies)
**
BATX
*
List of Indian IT companies
A list is a set of discrete items of information collected and set forth in some format for utility, entertainment, or other purposes. A list may be memorialized in any number of ways, including existing only in the mind of the list-maker, but ...
*
Information technology in India
The information technology (I.T.) industry in India comprises information technology services and business process outsourcing. The share of the IT-BPM sector in the GDP of India is 7.4% in FY 2022. In FY24, India's IT-BPM industry is estimate ...
References
{{DEFAULTSORT:Big Tech India
IT
* list
Information technology consulting
2000s neologisms