Top 10 Indian OutSourcing Companies

The International Association of Outsourcing Professionals has announced the world's best outsourcing service providers in 2008. The Global Outsourcing 100 list has 6 Indian companies among the top ten. In the global 100 ranking, Infosys is ranked third, followed by Capgemini and TCS at fifth and sixth positions, respectively.
1.Infosys
Infosys ranks first among Indian companies in terms of outsourcing and is ranked third in The International Association of Outsourcing Professionals' list.
IAOP mentions its key strength as executive leadership. IAOP, in association with Fortune magazine, inducted N. R. Narayana Murthy and Nandan M. Nilekani, co-founders, Infosys, into 'The Outsourcing Hall of Fame'.
In 2007, Infosys was ranked at No. 7 on the strength of customer testimonials.
Infosys Technologies Ltd was started in 1981 by 7 people with just $250. Today, the company has revenues of over $4 billion.
2. TCS
TCS is ranked 2nd among Indian companies and is at the sixth position globally. The company's strength lies in employee management.
TCS has over 130,300 trained IT consultants in 42 countries offering IT and IT-enabled services. The company generated consolidated revenues of US $5.7 billion for fiscal year ended 31 March 2008.
S. Ramadorai, Chief Executive Officer and Managing Director for TCS.
3.Wipro
Wipro ranks third in the list. It is ranked 7th in the world's top outsourcing providers' list. Its key strength is employee management.
Headquartered in Bangalore, the company has a client base of Fortune 1000 and Global 500 companies. With combined revenues of US $5 billion, core areas of business include global IT services, infrastructure solutions, professional services and business solutions in India and the Asia Pacific region.
Wipro employs over 100,000 people. Azim H Premji is the chairman of Wipro.
4. Genpact
Genpact is ranked 4th among Indian companies and is ranked 9th in the world. It key strength is executive leadership.
Genpact began in 1997 as the India-based business process services operation for GE Capital.
In 2005, with equity investments from General Atlantic and Oak Hill Capital Partners, it became an independent company and was rebranded Genpact.
The company reported a net income of $125.1 million for 2008, up 122 per cent over 2007, while the revenue rose 26 per cent.
Genpact manages services from a global network of more than 31 operations centers in ten countries. Pramod Bhasin is the president and CEO.
5. Tech Mahindra
Tech Mahindra is ranked 5th among Indian companies and is ranked 10th in the world. Its key strength is outsourcing experience.
Tech Mahindra was incorporated as a joint venture between Mahindra & Mahindra and BT plc in 1986 under the name of 'Mahindra-British Telecom'.
Later, the name was changed to 'Tech Mahindra'. The company reported a 12 per cent growth in quarterly net profit at Rs 222.90 crore (Rs 2.22 billion) and revenues for the Mahindra group company rose by 17 per cent to Rs 1,132.20 crore (Rs 11.32 billion). Tech Mahindra reported a 12 per cent growth in quarterly net profit at Rs 222.90 crore in the quarter ended December.
Vineet Nayyar is the managing director & CEO of the company.
6. HCL Tech
HCL comes next at 6th position and its world ranking is 11.
Its key strength is outsourcing experience.
HCL Technologies focuses on software-led IT solutions, remote infrastructure management, engineering and R&D services and BPO.
HCL has a network of offices in 19 countries offering sevices in financial services, manufacturing, aerospace & defense, telecom, retail, life sciences & healthcare, media and entertainment, travel, etc.
HCL Technologies, along with its subsidiaries, had consolidated revenues of US$ 2.0 billion (Rs 8,974 crore), as on 31st December 2008.
Vineet Nayar is the CEO of the $2.0 billion HCL Technologies.
7. HOV Services
HOV services is ranked 7th among Indian companies.
It's ranked 15th in the world. Its key strength is outsourcing experience. HOV Services Limited one of the largest end-to-end BPO company headquartered in Chennai, India.
It offers finance and accounting services in the BFSI, healthcare, government, telco, publishing, retail, commercial and industrial manufacturing industries.
Its clients include over 50 per cent of the Fortune 100 companies across key verticals such as financial services, telecommunications, healthcare, insurance, construction, publishing, finance and accounting and government.
The company has more than 12,000 employees. The company's total income for the third quarter ended December 31, 2008 has increased to Rs 23,586 crore (Rs 235.86 billion). Suresh Yannamani is the president of the company.
8. Mastek
Mastek bags the 8th position while it's ranked 16th in the world.
Its key strength lies in customer testimonials. Ashank Desai, R. Sundar and Ketan Mehta established Mastek in Mumbai in 1982.
Mastek, is a Rs 916 crore (US $227 million) publicly held, leading IT player providing enterprise solutions to insurance, government, and financial services organizations worldwide. Mastek operates across the US, Europe, Japan and Asia Pacific regions.
9. Hexaware Technologies
Hexaware Technologies is at 9th position. The company ranked is 22nd in the world and its key strength lies in competency certification.
Hexaware is a global provider of IT and process outsourcing services. Founded in 1990, Hexaware has 6 development centres - three in India and one each in Germany, USA and Mexico, and offices in North America, Europe and Asia Pacific, and employs around 5500 workers globally. In 2008, Hexaware generated over $262 million in revenue.
Atul Nishar is the founder and executive chairman of the company.
10. ITC Infotech
ITC Infotech comes next in the list, it is ranked at 40 globally and its key strength is competency certification.
ITC Infotech, a global IT services company, is a fully-owned subsidiary of ITC Limited.
Headquartered in Bangalore, India, with subsidiaries in UK and USA, ITC Infotech services Fortune-listed customers across North America and Europe. Sanjiv Puri is managing director of ITC Infotech India Ltd.