List of largest employers in India

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The largest employers in India include companies, the military, railway and the government. To keep the list manageable in length, only those companies/employers which have at least 100,000 employees are included in the list. [1] [2]

Contents

Largest employers

Both private and public companies are included in this list.

RankEmployerEmployeesYearIndustryCountryReferences [3]
1 Indian Armed Forces 1,400,0002021DefenceIndia [1] [4] [5]
2 Indian Railways 1,212,8822022TransportationIndia [1] [6] [7]
3 Paramilitary forces of India 1,065,0002021DefenceIndia [1] [4] [5]
4 Tata Group 1,028,0002023 Conglomerate India [1] [4] [5] [8]
5QUESS Corp567,0002024ServicesIndia
6 India Post 416,0832021CommunicationsIndia [1] [4] [5]
7 Reliance Industries 389,4142023 Conglomerate India [9] [10]
8 Infosys 317,2402024 IT India [1] [4] [5]
9 Accenture 300,0002022 IT Ireland [11]
10 Cognizant 250,0002024 IT United States [12]
11 Coal India 248,5502022 Coal mining India [13] [9]
12 State Bank of India 245,6422021 Banking India [1] [4] [5]
13 Wipro 231,6712021 IT India [1] [4] [5]
14 HCL 208,8772022 IT India [1] [4] [5]
15 Aditya Birla Group 187,0002023 Conglomerate India
16 HDFC Bank 177,0002023 Banking India [14]
17 Capgemini 175,0002024 IT France [15]
18 IBM 145,0002012 IT United States [16]
19 ICICI Bank 130,5422022 Banking India
20 Tech Mahindra 125,0002021 IT India [17]
21 Life Insurance Corporation of India 114,0002021 Insurance India [1] [4] [5]
22 Punjab National Bank 103,0002021 Banking India
23 Deloitte 95,0002022 Professional services United Kingdom

See also

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<span class="mw-page-title-main">Tata Consultancy Services</span> Indian multinational technology company

Tata Consultancy Services Limited (TCS) is an Indian multinational information technology (IT) services and consulting company headquartered in Mumbai. It is a part of the Tata Group and operates in 150 locations across 46 countries. In March 2024, it was reported that TCS had more than 601,546 employees worldwide. TCS is the second-largest Indian company by market capitalization, the most valuable IT service brands worldwide, and the top Big Tech (India) company. As of June 2023, it was the world's second-largest user of U.S. H-1B visas.

<span class="mw-page-title-main">State Bank of India</span> Indian public sector bank

State Bank of India (SBI) is an Indian multinational public sector bank and financial services statutory body headquartered in Mumbai, Maharashtra. SBI is the 45th largest bank in the world by total assets and ranked 221st in the Fortune Global 500 list of the world's biggest corporations of 2020, being the only Indian bank on the list. It is a public sector bank and the largest bank in India with a 23% market share by assets and a 25% share of the total loan and deposits market. It is also the tenth largest employer in India with nearly 250,000 employees. In 2023, the company’s seat in Forbes Global 2000 was 77.

<span class="mw-page-title-main">National Stock Exchange of India</span> Indian securities marketplace

National Stock Exchange of India Limited (NSE) is one of the leading stock exchanges in India, based in Mumbai. NSE is under the ownership of various financial institutions such as banks and insurance companies. It is the world's largest derivatives exchange by number of contracts traded and the third largest in cash equities by number of trades for the calendar year 2022. It is the 7th largest stock exchange in the world by total market capitalization, as of January 2024. NSE's flagship index, the NIFTY 50, a 50 stock index is used extensively by investors in India and around the world as a barometer of the Indian capital market. The NIFTY 50 index was launched in 1996 by NSE.

<span class="mw-page-title-main">Bajaj Auto</span> Indian two-wheeler and three-wheeler manufacturing company

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<span class="mw-page-title-main">BSE SENSEX</span> Indian stock market index

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<span class="mw-page-title-main">NIFTY 50</span> Indian stock market index

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<span class="mw-page-title-main">Coal India</span> Government owned coal producer in India

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HDFC Bank Limited is an Indian banking and financial services company headquartered in Mumbai. It is India's largest private sector bank by assets and the world's sixth-largest bank by market capitalization as of January 2024, following its takeover of parent company HDFC. The Reserve Bank of India (RBI) has identified the HDFC Bank, State Bank of India, and ICICI Bank as Domestic Systemically Important Banks (D-SIBs), which are often referred to as banks that are “too big to fail”.

Axis Bank Limited, formerly known as UTI Bank (1993–2007), is an Indian multinational banking and financial services company headquartered in Mumbai, Maharashtra. It is India's third largest private sector bank by assets and fourth largest by market capitalisation. It sells financial services to large and mid-size companies, SMEs and retail businesses.

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<span class="mw-page-title-main">Central Depository Services</span> Indian security depository

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<span class="mw-page-title-main">Software industry in Chennai</span> Third largest software exporter in India

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<span class="mw-page-title-main">HDFC Life</span> Indian life insurance company

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<span class="mw-page-title-main">ITC Limited</span> Indian conglomerate

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References

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  3. "The World's Biggest Employers". Forbes . Retrieved 31 July 2015.
  4. 1 2 3 4 5 6 7 8 9 "India's eight biggest employers". The Economic Times.
  5. 1 2 3 4 5 6 7 8 9 "Top Companies In India: Top Companies in India by Employee Cost, Top BSE Companies by Employee Cost, Top BSE Companies". www.moneycontrol.com.
  6. "Sahara Group says no layoffs; gives salary hikes, promotions to employees despite COVID pressure". The Economic Times. Retrieved 26 June 2021.
  7. "Sahara India says not laying off any worker". 15 June 2020.
  8. "Number of employees at Tata Consultancy Services 2005-2021".
  9. 1 2 "Companies ranked by number of employees". CompaniesMarketCap.com. Retrieved 21 January 2024.
  10. "Reliance Industries: Number of employees 2021".[ permanent dead link ]
  11. "Accenture's India employee strength rises to 3 lakh". The Times of India . April 2022.
  12. "Cognizant's workforce reduces by 7,600 in 2023; 4,500 cut in India". Business Standard. Retrieved 9 May 2024.
  13. "Coal India - number of employees 2021".
  14. Bank, HDFC. "HDFC Bank-HDFC Merger". ndtv.com.
  15. "Capgemini India billed more with lesser employees". The Times of India. 21 February 2024. Retrieved 9 May 2024.
  16. "If Cognizant is Indian, so are IBM and Accenture". TOI. 29 August 2012.
  17. "Tech Mahindra: number of employees 2020". Statista.