TCS ranked as top employer in IT industry

Software services major Tata Consultancy Services (TCS) has been ranked as the top employer in the Indian IT industry by the representative body Nasscom.

The Mumbai-based firm was followed by its peers Infosys, Cognizant, Wipro and Capgemini, Nasscom said in a statement. Though Cognizant is a US-based IT firm, it has the largest number of employees in India with development centres in Chennai, Bengaluru and Hyderabad. At the end of June, 2016, TCS had a total headcount of 3.62 lakh while Infosys and Wipro had 1.97 lakh and 1.73 lakh, respectively.

Others in the top 10 include HCL Technologies, Tech Mahindra, Genpact, Intelenet Global Services and Aegis. The top 20 includes Hinduja Global Solutions, CSC India, WNS Global Services, Syntel, Mphasis, EXL, L&T Infotech, Firstsource Solutions, MindTree and CGI.

The Indian IT-BPM industry's employee base has reached a total of 3.7 million with an addition of 2 lakh employees in 2015-16. About 1.1 million jobs were added in the last 5 years, according to another Nasscom report. Nearly 1.3 million employed in the sector are women.