Thursday, July 30, 2009

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Top employers of Indian IT services sector for FY08-09

As a part of the findings of its annual survey on the performance of the Indian IT-BPO services sector for FY08-09 and outlook for FY09-10, NASSCOM released the annual rankings for the Top employers of Indian IT services sector for FY08-09. The NASSCOM survey estimates that the IT-BPO export revenues will grow by 4-7% to reach $48-50 billion in FY09-10. NASSCOM also released list of emerging 50 companies in India and Best BPOs list.

1. Tata Consultancy Services
First on the list of biggest IT employers in India is Tata Consultancy Services. The Tata group company reported a total employee strength of 141,642 during its first quarter earnings of fiscal 2009-10. Utilization in Q1 FY10 was 79.2% (excluding trainees) & 71.3% (including trainees). There was a gross addition of 2,828. The attrition rate in Q1 was 11.5%. At the end of Q1, the total employee strength of the company was 141,642. Foreign nationals formed 8.3% of the total employee base and 30% were women.

2. Infosys Technologies
Second on the list is the country's second biggest software exporter Infosys Technologies. As on June 30, 2009, Nasdaq-listed Infosys and its subsidiaries had a total of 1,03,905 employees on board. However, the number of its employees declined by 945 in the first quarter of this fiscal. The company had hired close to 3,538 employees in the June quarter, but after taking into account attrition and other factors its total strength has actually lowered.

3. Wipro Ltd
At no. 3 is Wipro Technologies. The company had 98,521 people on its rolls as on June 30, 2009. During the first quarter of current fiscal, the company recruited 711 employees.

4. Cognizant Technology Solutions India
Cognizant Technology Solutions India ranks at no. 4 on the list of India's biggest IT employers. A member of the NASDAQ-100 Index and S&P 500 Index, with over 50 global delivery centers it reported 63,700 employees as of March 31, 2009.

5. HCL Technologies
HCL Technologies Ltd is fifth on the list of biggest IT employers in India. Its employee headcount stood at 54,026. HCL Technologies, along with its subsidiaries, had consolidated revenues of US$ 2.0 billion (Rs. 9,842 crores), as on 31st March 2009.

6. HP India
At sixth spot is the Indian subsidiary of the global IT giant Hewlett-Packard. The company's offerings span IT infrastructure, global services, business and home computing, and imaging and printing. The company has approximately 321,000 employees worldwide.

7. MphasiS Ltd
MphasiS Ltd, is at the seventh spot on the country's biggest IT employers' list. The group added headcount by 3,822 net, during the quarter. The group headcount stood at 33, 810 as at April 30, 2009.

8. Intelenet Global Services Ltd
Intelenet Global Services Ltd is the eighth biggest IT employer with around 27,000 employees. It has 30 delivery centres strategically located throughout the globe.

9. IBM-Daksh Business Process Services Pvt Ltd
At no. 9 is IBM Daksh operating from 25 delivery centers at nine locations in India and the Philippines. It employs more than 30,000 employees.

10. Genpact India Pvt Ltd
GE Capital International Services (GECIS), the India-based business process services operations of GE Capital is the tenth biggest IT employer. As of 2008, the company had over 36,200 employees. Currently the company has a global network of over 35 operations centers spread across 12 countries.

11. Tech Mahindra
The 11th biggest employer in India is TechMahindra (without including Satyam employees). The significant event to happen for them this quarter was the acquisition of a strategic stake in Satyam. Tech Mahindra now holds 42.7% shares in Mahindra Satyam all through its subsidiary Venturbay Consultants Private Limited. Tech Mahindra consolidated headcount increased by 510 employees to 25,482 at the end of June.

12. Aegis Ltd
At no. 12th is Essar Group's back office Aegis BPO. The company recently announced its plans to increase its global workforce by 12,000, summing up the total headcount to 43,000, by end of this fiscal.

13. WNS Global Services (P) Ltd
At no. thirteen is the Nasdaq listed second biggest BPO firm in India, WNS Global Services.

14. Firstsource Solutions Ltd
The 14th largest employer in India is Firstsource Solutions Ltd. It posted net profit of Rs 38 crore for the first quarter ended June 30, 2009.

15. CSC India Pvt Ltd
Computer Sciences Corp is the 15th largest employer in India. It has about 90,000 employees globally and reported revenue of $17.1 billion for the 12 months ended July 2008. CSC's recent acquisitions and expansion activities have increased its development and delivery centers to seven locations within India, including Noida, Indore, Hyderabad, Chennai, Mumbai, Bangalore and Vadodara. Now, with more than 16,000 employees in India and an additional 3,000 in other geographies that support our India operations.

16. Patni Computers
Patni Computer Systems is the 16th largest IT employer in India. It has over 14,500 professionals service clients across diverse industries, from 27 sales offices across the Americas, Europe and Asia-Pacific, and 22 Global Delivery Centers in strategic locations across the world.

17. L&T Infotech
At no. 17 is Larsen & Toubro Infotech.

18. Hinduja Global Solutions Pvt Ltd
BPO services provider Hinduja Global Solutions is the 18th largest IT employer in India. In March the company announced that it has over 9,500 employees.

19. Oracle Financial Services Software Ltd
At no. 19th is Oracle Financial Services Software. The company reportedly employed around 11,000 people as of December 2008.

20. Convergys India Services
At no. 20 is the leading contact centre and billing solutions firm, Convergys Corp. As of October 2008, the company claimed to have approximately 13,000 employees in India.






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