Mumbai is not merely the commercial but also the financial capital of India, and the city is quickly becoming an IT and innovation hub.
In the concrete jungle of its roads and steel giants, a new generation of IT companies is steering the technological era. Right from start-ups to large IT companies, Mumbai’s IT industry is burgeoning with innovation and talent.
Not only are these top IT companies in Mumbai contributing to improving the technological environment in the city, but they are also defining the future technology trends in the world. Mumbai is a hub of various types of technical requirements ranging from software development to application development from IT consulting.
Let’s explore this vibrant environment of technology and endeavor and understand how Mumbai is revolutionizing the IT sector.
Why is Mumbai an Upcoming Hub for IT Companies?
Mumbai is rapidly emerging as a hub for IT companies due to several strategic advantages:
Strategic Location: Mumbai is the financial hub of India, and it is well connected by airlines, waterways, and roadways. The location makes it convenient for businesses to access both the domestic as well as the international markets.
Strong Infrastructure: The city also provides a strong structure and favorable business conditions in terms of office buildings, IT parks, and utility services to support any IT companies.
Access to Talent: Mumbai also boasts some of the premier engineering and business schools of India and therefore has a vast talent pool of IT and software professionals as well as management consultants.
Business Ecosystem: Most of the sectors, including the financial sector, IT industry, electronic media, etc., are located in Mumbai, which therefore makes it an ideal place for IT firms to sell solutions to different areas such as fintech, e-commerce, and the media.
Government Initiatives: Mumbai, home to multiple IT parks, has found suitable to the Indian government’s Make in India and Digital India campaigns.
Global Connectivity: Mumbai’s openness to the rest of the world and a cosmopolitan clientele make the city ideal for MNCs to establish their headquarters or regional offices to foment international business.
Top 10 IT Companies in Mumbai
1. Tata Consultancy Services (TCS)
The largest Indian IT services corporation, Tata Consultancy Services (TCS), maintains its headquarters in Mumbai. As one of the leading IT companies in Mumbai, TCS was established by the Tata Group in 1968 and has grown to become a worldwide leader, expanding into over 46 countries with more than 600,000 global employees. The company provides detailed technology solutions, including software development, enterprise solutions, cloud computing, AI/ML, and digital transformation services.
TCS serves a wide range of industries, such as banking, retail, manufacturing, healthcare, and telecommunications. Tata Consultancy Services operates its Mumbai facility, which houses innovation laboratories that research emerging technologies, while also functioning as the main location for global service delivery. TCS stands out because of its commitment to employee satisfaction, sustainability, and reliable business results, making it one of Mumbai’s key players in the IT sector.
Services Offered
- Software solutions
- Enterprise solutions
- IT Consulting
- Digital transformation
- Business process services
- Cloud services
- Cybersecurity
Revenue (FY24): ₹2,25,458 crore (~$27.5 billion)
Net Profit (FY24): ₹42,000 crore (~$5.1 billion)
Key Highlights: TCS continues to lead the Indian IT sector with consistent growth across its global operations.
2. Infosys
Infosys, one of India’s top IT companies, has its headquarters in Bangalore but also has a major location in Mumbai with modern delivery centers. Established in 1981, Infosys has employed over 300,000 people globally, serving customers from more than 50 different countries. The Mumbai operations focus on financial services, business consulting, and are particularly known for digital innovation.
The company’s strengths lie in next-generation digital solutions, including cloud transformation, data analytics, AI/ML implementation, and enterprise application services. Infosys’ Mumbai facilities include innovation hubs, design studios, and many collaborative workspaces that foster problem-solving.
As one of the leading IT companies in Mumbai, Infosys continues to lead the industry in training and development, providing ethical business conduct while driving technology forward with a strong commitment to environmental sustainability and corporate responsibility.
Services Offered
- Software development
- Business Consulting
- Systems Integration
- Digital transformation
- Cloud services
- Data Analytics
Revenue (Q3 FY25): $4.94 billion, a 6% increase year-over-year.
Net Profit (Q3 FY25): $804 million, a 10% increase year-over-year.
Guidance: Raised annual revenue growth outlook to 4.5%–5.0%, driven by strong demand for AI services.
3. Wipro
Wipro Limited is a leading global information technology company with strong operations in Mumbai. Founded in 1945 and evolving into IT services in the 1980s, Wipro employs over 250,000 professionals across six continents. The delivery centers in Mumbai handle all aspects of IT consulting, managed services, and application development. Wipro designs industry-specific solutions for the banking, healthcare, retail, and manufacturing sectors, utilizing cloud, AI, IoT, and cybersecurity technologies. The company upholds environmental stewardship through the “Wipro Earthian” initiative, which creates a balance between technological advancement and environmental sustainability. As one of the top IT companies in Mumbai, Wipro’s western Indian corporate clients benefit from a strategic hub, further enhancing the city’s reputation as a key IT destination.
Services Offered
- IT Consulting
- IT services
- Business process outsourcing
- Cloud computing
- Cybersecurity
- Digital transformation
- IT infrastructure management
Revenue (Q3 FY25): ₹22,320 crore (~$2.6 billion), a 0.5% increase year-over-year.
Net Profit (Q3 FY25): ₹3,350 crore (~$392 million), a 24.5% increase year-over-year.
Operating Margin: 17.5%, the highest in 12 quarters.
4. Tech Mahindra
Tech Mahindra, an international Indian IT service company primarily operating out of Mumbai, is part of the Mahindra Group. Founded in 1986, Tech Mahindra has grown significantly over the years, employing over 150,000 professionals in 90 countries across the globe. Mumbai is home to its innovation hubs, specializing in telecommunications, manufacturing, and financial services solutions. Tech Mahindra offers complete digital transformation services, ranging from cloud migration and 5G solutions to IoT and cybersecurity services.
Known for its unique innovation culture, “TechMighties,” the company follows a customer-centric delivery model. The high-end delivery centers in Mumbai include AI labs, blockchain studios, and experience design centers. As one of the top IT companies in Mumbai, Tech Mahindra maintains numerous industry partnerships with technology leaders while promoting sustainable business practices through initiatives by the “Tech Mahindra Foundation.”
Services Offered
- IT services
- Digital services
- Business Consulting
- Cloud computing
- Cybersecurity
- Enterprise mobility solutions
Revenue (Q3 FY25): ₹13,285.6 crore (~$1.6 billion), a 1.41% increase year-over-year.
Net Profit (Q3 FY25): ₹983.2 crore (~$118 million), a 92.6% increase year-over-year.
EBITDA: ₹1,825.5 crore (~$220 million), a 47.9% increase year-over-year.
Suggested Read: Top IT Companies in Lucknow
5. HCL Technologies
HCL Technologies has a considerable presence in Mumbai as part of its global operations. Founded in 1976, HCL has grown to employ more than 200,000 professionals across 50 countries. The Mumbai operations focus on financial services, retail solutions, and digital workplace services. HCL offers end-to-end IT solutions, including infrastructure management, application modernization, cloud services, and cybersecurity operations.
The company’s distinct culture of “Ideapreneurship” encourages bottom-up innovation and employee-generated solutions at all levels. The Mumbai center is equipped with digital transformation labs, co-innovation centers, and specialized delivery units for enterprise clients.
As one of the prominent IT companies in Mumbai, HCL Technologies is recognized for its “Mode 1-2-3” strategy, which spans core services, new-age technologies, and the future ecosystem, making a substantial contribution to the technology fabric of the city.
Services Offered
- Software development
- IT infrastructure management
- Engineering solutions
- Digital transformation
- IT Consulting
- Cloud computing
Revenue (FY24): $12.8 billion, a 10% increase year-over-year.
Net Profit (FY24): $2.1 billion, a 9% increase year-over-year.
Key Focus: Continued investment in digital services and cloud offerings.
6. Cognizant Technology Solutions
Cognizant Technology Solutions has large delivery centers in Mumbai as part of its global operations. Founded in 1994, Cognizant now employs over 300,000 people worldwide, servicing clients in healthcare, financial services, and retail. The focus of Mumbai operations includes digital engineering, intelligent process automation, and enterprise application services. Cognizant provides end-to-end digital transformation solutions through its three service lines: “Digital Business,” “Digital Operations,” and “Digital Systems & Technology.”
The centers in Mumbai are equipped with innovation labs, design thinking areas, and transformative collaborative workspaces, providing employees with the best environment to achieve technical excellence.
Known for its consulting and domain expertise, Cognizant has also initiated continuous learning programs under “Cognizant Academy,” alongside strong partnerships with technology leaders and state universities. As one of the top IT companies in Mumbai, Cognizant plays a significant role in the city’s technology ecosystem.
Services Offered
- Digital transformation
- Data analytics
- IT infrastructure management
- Business consulting
- Application development
- Artificial intelligence services
Revenue (Q3 FY25): $5.04 billion, surpassing expectations.
Net Profit (Q3 FY25): $1.25 per share, exceeding analyst estimates.
Annual Revenue Outlook: Revised to $19.7–$19.8 billion, driven by recovery in IT services demand.
7. Capgemini
Capgemini has truly carved a niche in Mumbai as a major part of its global technology consulting network, positioning itself as one of the leading IT companies in Mumbai. Established in France in 1967, the company now employs more than 350,000 people worldwide across offices in over 50 countries. Capgemini’s Mumbai centers provide end-to-end services in cloud transformation, application development, digital manufacturing, and intelligent industry solutions.
These operations are equipped with innovation labs, design studios, and collaborative workspaces focused on technologies like AI, IoT, and blockchain. A major differentiator for Capgemini is its Applied Innovation Exchange network, which connects clients with startups and technology partners.
The firm combines strategic consulting with technical implementation, promoting diversity and inclusion through its “Architects of Positive Futures” initiative. Capgemini continues to make its presence felt as a key player in Mumbai’s thriving tech ecosystem, solidifying its reputation among the top IT companies in Mumbai.
Services Offered
- IT Consulting
- Technology services
- Operating model transformation
- Business process services
- Cloud computing
- AI and automation
Revenue (FY24): €22.1 billion (~$24 billion), a 1.1% decrease year-over-year.
Net Profit (FY24): €1.67 billion (~$1.8 billion), a slight increase year-over-year.
Outlook: Forecasted revenue decline of 2% to 2.4% in FY25 due to soft markets.
8. L&T Infotech
L&T Infotech, now recognized as LTIMindtree following its merger, is a global technology consulting and digital solutions company headquartered in Mumbai, one of the leading IT hubs in India. Founded in 1997 by the engineering conglomerate Larsen & Toubro as its subsidiary, the company employs over 90,000 professionals across 33 countries. Its offices in Mumbai feature innovation labs dedicated to AI/ML, cloud engineering, and enterprise integration.
LTIMindtree delivers comprehensive digital transformation solutions across various industries, including banking, manufacturing, healthcare, and retail. The company is well-known for its “Canvas” platform, which accelerates digitalization adoption in businesses, and “Mosaic” solutions for emerging technologies.
With a strong heritage and expertise in engineering domains, LTIMindtree places a significant emphasis on talent growth through its ‘1Step’ learning platform. The company also promotes diversity and sustainable business practices, making a lasting impact as one of the prominent IT companies in Mumbai and contributing to the city’s dynamic tech ecosystem.
Services Offered
- IT Consulting
- Software development
- Digital solutions
- IT infrastructure management
- Data Analytics
- Application development
Revenue (FY24): ₹24,000 crore (~$2.9 billion), a 12% increase year-over-year.
Net Profit (FY24): ₹4,500 crore (~$540 million), a 15% increase year-over-year.
Key Initiatives: Focus on AI-driven solutions and digital transformation services.
9. Mphasis
Mphasis is an IT services company with a notable presence in Mumbai, one of the leading IT hubs in India. Established in 1998 and acquired by Blackstone Group in 2016, Mphasis employs over 35,000 professionals worldwide. The company provides financial services, insurance solutions, and cloud-native application development from its Mumbai facilities. Mphasis transforms services using its proprietary “Front2Back” approach, which emphasizes customer experience and operational effectiveness.
The centers in Mumbai house specialized laboratories for cognitive computing, DevOps automation, and blockchain implementation. The company sets itself apart with its “Tribes and Squads” delivery model, which brings agility and client focus to its solutions.
Mphasis is committed to talent development through its “Talent Next” initiative, while also fostering strong partnerships with cloud providers and the fintech ecosystem. As one of the prominent IT companies in Mumbai, Mphasis plays a significant role in enhancing the city’s status as a fintech hub.
Services Offered
- Application development
- IT infrastructure management
- Digital transformation
- Business process services
- Cloud computing
- Cybersecurity
Revenue (Q3 FY25): ₹3,561 crore (~$427 million), a 6.69% increase year-over-year.
Net Profit (Q3 FY25): ₹428 crore (~$51 million), a 14.51% increase year-over-year.
Earnings Per Share (EPS): ₹22.41, a 14.1% increase year-over-year.
10. Birlasoft
Birlasoft is a mid-tier global IT services company with a significant presence in Mumbai, one of the key IT hubs in India. Founded in 1995 as part of the CK Birla Group, Birlasoft now employs over 12,000 professionals across the manufacturing, energy, and life sciences sectors. The company operates its Mumbai centers for enterprise solutions, digital transformation, and cloud infrastructure services. Birlasoft’s capabilities span ERP implementations (SAP/Oracle), data analytics, IoT solutions, application management, and other IT services.
While the company offers several well-defined service offerings, it differentiates itself through its deep domain knowledge of manufacturing processes and life sciences regulations. Birlasoft’s Mumbai-based operations have specialized delivery centers focused on Industry 4.0 technologies and advanced digital supply chain solutions.
The company prioritizes its customers under the T3 framework (Trust, Transparency, and Teaming) while balancing excellence in development and industry expertise, making it one of the prominent IT companies in Mumbai.
Services Offered
- IT Consulting
- Enterprise services
- Digital transformation
- Software development
- Business process management
- Cloud and infrastructure services
Revenue (FY24): ₹5,000 crore (~$600 million), a 10% increase year-over-year.
Net Profit (FY24): ₹500 crore (~$60 million), a 12% increase year-over-year.
Strategic Focus: Expansion in digital manufacturing and life sciences sectors.
Looking Ahead
The Mumbai IT industry is rapidly growing, with companies like TCS, Infosys, and Wipro becoming technological frontrunners in the industry. These companies are not only key drivers of digitalization but also provide various options for career and technology development. They have networks all over the world, and their innovative services put Mumbai at the forefront of the IT business.
Also Read: Manufacturing Companies in Coimbatore
FAQS
In what ways do IT companies in Mumbai foster career growth?
Many IT companies are located in Mumbai, which has a plethora of career opportunities, training and development, and career advancement prospects, along with project varieties.
What kind of services do Mumbai-based IT firms provide?
Some of the services that are delivered by Mumbai-based IT firms include software development, consulting, digital transformation, and infrastructure management services, among others.
What makes Mumbai important in the context of IT companies?
Mumbai is a preferred IT destination as it is geographically located and has vibrant business, manpower, and infrastructure.
