Top 12 IT Companies in Mumbai Offering High-Paying Jobs

March 31, 2024May 14, 2024 Shailja Kaushik

Mumbai is one of the major IT hubs in India and is home to both large corporations and small startups. The IT industry in India, particularly in Mumbai, has grown significantly over the years, making up 7.7% of India’s GDP in 2017. The industry now employs a large workforce, with 5.4 million IT professionals as of 2023, making it one of the best industries to work in. In this blog, we will help you explore the top IT companies in Mumbai that have made a mark for themselves. We will also share with you the benefits these companies offer as well as their salary trends.

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Top IT Companies in Mumbai, India

Mumbai is the financial capital of India and a thriving hub for top IT companies in India. Here is a list of some of the best IT companies in Mumbai.

1. Infosys

Infosys has established itself as one of the top IT companies in Mumbai, known for its global presence and innovative technology solutions. Employing around 300,000 individuals across 50 countries, Infosys offers various services in domains like data analytics, cybersecurity, and platform integrations like SAP and Microsoft Cloud.

What sets Infosys apart is its reputation as an excellent employer that invests in reskilling employees and promoting diversity within the workplace. Professionals are drawn to opportunities at Infosys due to its commitment to fostering growth in Mumbai’s vibrant IT industry.

Highest Average Salary: ₹14.0 LPA – ₹46.1 LPA

Benefits Offered by Infosys

Here are some major benefits offered by the company:

Dental Insurance
Accidental Death & Dismemberment Insurance
Flexible Spending Account
Health Insurance
Vision Insurance
Health Savings Account (HSA)
Life Insurance
Disability Insurance

2. Oracle

Oracle, a leading IT company based in Mumbai, is known for its innovative software solutions and advanced technology services. In the competitive IT market of the city, Oracle offers a wide range of products that appeal to both freshers and experienced professionals.

Oracle focuses on creating banking and insurance products with over 8,500 employees located at its headquarters in Mumbai. Its software helps banks with tasks like meeting regulations, managing risks, processing payments, and setting up cloud systems. Oracle offers a complete set of cloud-based applications and infrastructure. This simplifies the process for businesses across different sectors to transition their operations to the cloud seamlessly.

Highest Average Salary: ₹17.0 LPA – ₹50.0 LPA

Benefits Offered by Oracle

Here are some major benefits offered by the company:

Mental Health And Disability Care
Hospitalization Medical Insurance
Dental And Vision Care
Transport Facilities
Work-From-Home Policy
Education Assistance

3. Tech Mahindra

Tech Mahindra, the best Indian IT company in Mumbai, has evolved from its inception in 1986 as Mahindra British Telecom to become a ₹480 billion global IT and consulting firm. It provides innovative software services, including 5G, blockchain, cybersecurity, and AI solutions, to over 1,250 clients worldwide.

Through strategic acquisitions like Satyam in 2013, Tech Mahindra has emerged as India’s fifth-largest software company. Their services include outsourcing, cloud transformation, and software development. They have a significant presence of 93,000 employees in India, solidifying its position as a key player in Mumbai’s thriving IT industry.

Highest Average Salary: ₹19.5 LPA – ₹49.8 LPA

Benefits Offered by Tech Mahindra

Here are some major benefits offered by the company:

Health Insurance
Dental Insurance
Vision Insurance
Accidental Death & Dismemberment Insurance
Disability Insurance
Life Insurance
Mental Health Care
Health Savings Account (HSA)

Also Read: Top it companies in Pune

4. Cognizant Technology Solutions

Cognizant Technology Solutions is a prominent company in Mumbai’s IT industry known for its innovative solutions and services. Specializing in cloud computing, IT services, and consultancy work, Cognizant helps shape the local IT sector by offering digital transformation services to various industries, such as pharmaceuticals, finance, and technology.

Cognizant has made a significant impact worldwide with its Mumbai office playing a crucial for its operations. Over 70 per cent of its 355,000 worldwide employees live in India.

Highest Average Salary: ₹15.0 LPA – ₹50.0 LPA

Benefits Offered by Cognizant

Here are some major benefits offered by the company:

Health Insurance
Life Insurance
Dental Insurance
Vision Insurance
Temporary Disability Insurance
Prepaid Legal
Long-term Disability Insurance
Accidental Death & Dismemberment Insurance

5. Accenture

Accenture is a prominent information technology company based in Mumbai, India. The company provides services and solutions in areas such as strategy, consulting, digital technologies, and operations.

Accenture is recognized for its innovative methods and operates across various business functions like sourcing, finance, supply chain management, marketing, and sales. This presence has established it as one of the top IT firms in Mumbai. Accenture’s expansive presence extends to India, where it employs over 700,000 professionals across various domains worldwide.

Highest Average Salary: ₹16.0 LPA – ₹50.0 LPA

Benefits Offered by Accenture

Here are some major benefits offered by the company:

Dental Insurance
Disability insurance
Flexible Spending Account (FSA)
Health Insurance
Life Insurance
Vision Insurance
Mental Health Benefits

6. Tata Consultancy Services (TCS)

Tata Consultancy Services (TCS) is the best IT company in Mumbai, excelling in providing innovative and dependable software solutions. With a workforce of over 615,000 employees spread across 55 countries, TCS offers an extensive array of services, including consulting, cloud computing, and cybersecurity. Established in 1968, the company has diversified into various industries, such as e-governance, finance, telecommunications, and healthcare. By prioritizing quality standards throughout its operations, TCS has become one of the top IT companies in Mumbai.

Highest Average Salary: ₹15 LPA – ₹50.0 LPA

Benefits Offered by TCS

Here are some major benefits offered by the company:

Vision Insurance
Life Insurance
Occupational Accident Insurance
Health Insurance
Accidental Death & Dismemberment Insurance
Dental Insurance
Disability Insurance
Health Savings Account (HSA)

7. Microsoft

Microsoft is considered one of the best IT companies in Mumbai to work for due to its commitment to innovation and reliable technology solutions. Microsoft stands out due to its wide range of products such as software suites and cloud computing services. The presence of Microsoft offers appealing career prospects for individuals looking to advance their expertise in information technology. With a workforce exceeding 20,000 employees across India, Microsoft provides an inspiring work environment at its office in Mumbai.

Highest Average Salary: ₹27.2 LPA – ₹147.2 LPA

Benefits Offered by Microsoft

Here are some major benefits offered by the company:

Broadband Reimbursement
Tax Benefit
Onsite Gym + Fitness Reimbursement
Mobile Reimbursement
Remote Work Allowance
Health Insurance (Includes Dental, Vision, and OPD)
Life Insurance
Maternity/Paternity Leave
Sabbatical and Sick Leave

8. Ernst & Young

Ernst & Young, also known as EY, is one of the leading IT companies in Mumbai. Their services include auditing, tax consultancy, and financial advisory. Known for its innovation and high-quality services, EY plays a significant role in Mumbai’s growing IT sector by providing career opportunities to professionals from diverse fields like finance and accounting. In addition, EY offers various IT job roles in software development, network engineering, cybersecurity, data analysis, cloud engineering, etc.

Highest Average Salary: ₹16.5 LPA – ₹50.0 LPA

Benefits Offered by Ernst & Young

Here are some major benefits offered by the company:

Annual Leaves
Mental Health Wellbeing
Maternity/Paternity Leaves
Relocation Bonus
Job/Soft Skill Training
Life Insurance
Performance Bonus
Health Insurance
Retirement Benefits
Time Off
Career Break/Sabbatical Leaves

Also Read: Highest Paying IT Companies in India.

9. Google

Google is a renowned IT company with a strong presence in Mumbai. It is recognized for its innovative technology solutions and dynamic work environment.

With its global reputation for innovations like web search, Android OS, and advancements in AI research, Google stands as a great employer in Mumbai’s thriving IT sector, offering professionals the chance to work on advanced technologies and be part of a supportive organization.

Highest Average Salary: ₹37.6 LPA – ₹215.1 LPA

Benefits Offered by Google

Here are some major benefits offered by the company:

Healthcare Benefits (including medical insurance)
Work/Life Balance
Parental Leave
Paid Time Off
Financial & Retirement benefits
Gym membership
Life insurance

10. Reliance Jio

Reliance Jio, a prominent IT company in Mumbai, is known for its innovative technologies and significant impact on the telecommunications industry. Committed to providing affordable internet services and digital solutions, Reliance Jio has transformed the IT landscape in Mumbai and throughout India.

A subsidiary of Reliance Industries based in Navi Mumbai, it operates the country’s largest mobile network and offers various consumer apps and enterprise software solutions. With over 459 million subscribers, Reliance Jio is recognized as an essential part of India’s digital infrastructure due to its extensive 4G LTE coverage and developing 5G and even 6G technology.

Highest Average Salary: ₹15.5 LPA – ₹50.0 LPA

Benefits Offered by Reliance Jio

Here are some major benefits offered by the company:

Vision Insurance
Maternity & Paternity Leave
Disability Insurance
Life Insurance
Health Care & Insurance
Work From Home
Vacation & Paid Time Off
Sick Leave
Gym Membership

11. Cogoport

Started in 2016, Cogoport is one of the top IT companies in Mumbai. They are known for creating new solutions for logistics technology. Cogoport specializes in making freight management more efficient. Their software helps with global trade. With Cogoport, IT professionals have the chance to work on advanced software development projects aimed at streamlining logistics and operations. Started in 2016, and has connected over 30,000 businesses across 192 countries through its digital platform. This has enabled smooth global trade.

Highest Average Salary: ₹14.0 LPA – ₹28.5 LPA

Benefits Offered by Cogoport

Here are some major benefits offered by the company:

Health Insurance And Annual Health Checkups
Gym Membership
Life Insurance
Retirement Benefits
Maternity/Paternity Leaves
Annual Leaves
Career Break/Sabbatical Leaves

12. iGate

iGate is a top IT company in Mumbai known for its innovative software solutions and IT services. Acquired by Capgemini in 2015, iGate operates in 70 locations globally with over 30,000 employees. The company specializes in cloud services, enterprise mobility, and application development. iGate has earned a reputation as a leader in the IT field and is considered one of the top IT software companies in Mumbai.

Highest Average Salary: ₹15.6 LPA – ₹40.3 LPA

Benefits Offered by iGate

Here are some major benefits offered by the company:

Paid Parental Leave
Remote Job Options
Health Insurance
Competitive Salary
Supportive Work Environment

Conclusion

Over the years, Mumbai has become a hub for top IT companies. It is home to big names like Infosys, Oracle, etc that have made a mark in the industry. These top IT companies in Mumbai offer great opportunities for skilled candidates to learn and gain relevant work experience.

If you found this blog helpful, you can also check out our blog on the top IT jobs in demand for the future.