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Top 15 IT Companies in Mumbai: Locations, Specializations and Nearby Localities to Live in 2026

Published : January 31, 2025, 12:00 AM

Updated : February 4, 2026, 5:48 PM

Author : open_graph_image pooja

11427 views
Summary
Mumbai is home to some of the best IT companies in India, offering opportunities across software development, cloud computing, fintech and digital transformation. Major firms like TCS, Infosys, Wipro, Accenture, Capgemini and Tech Mahindra have strong operations in the city, along with several startups and mid size tech companies. With excellent infrastructure and corporate hubs, Mumbai remains a preferred destination for IT professionals seeking career growth and competitive salaries.

As the hub of the Indian tech and business environment, IT companies in Mumbai are the most sought-after destinations, attracting eager professionals. The innovative culture, coupled with international exposure, triggers curiosity, while the offered compensation package, along with the innovative projects, generates interest. Prospects for growth, working environments, and job stability generate a desire to take a step forward and explore the possibilities. Knowledge of a company's history, main hubs, and compensation packages provides job seekers with a significant advantage in succeeding in Mumbai's ever-booming tech industry.

List of 15 Best IT Companies in Mumbai - Quick Details 

Mumbai is home to leading IT companies across consulting, software, healthcare technology, and outsourcing, with hubs in Powai, SEEPZ, and BKC. Here is a list of IT Parks in Mumbai:

Company NameLocation (City / Office)TypeNearby IT Hub / Area
Accenture (Vikhroli)Vikhroli West / Multiple offices in Mumbai & Navi MumbaiIT Consulting & ServicesVikhroli / Airoli / Mindspace
Infosys Limited (Mittal Tower)Nariman Point & Vikhroli East / Airoli (multiple offices)IT Services & ConsultingVikhroli / Airoli
IBM India Private LimitedBandra Kurla Complex / Mindspace / Airoli (multiple offices)IT / Software / ConsultingBKC / Mindspace Airoli
LTIMindtree (L&T Infotech)Andheri / Powai / Navi Mumbai (offices)IT Services & ConsultingAndheri / Powai / Navi Mumbai
Ness TechnologiesMumbai & Navi Mumbai (multiple delivery centers)IT Consulting & ServicesAiroli / SEEPZ
Polaris Software Lab LtdSEEPZ, Andheri East, MumbaiIT Services & BPOSEEPZ, Andheri East
Mahindra SatyamTypically Andheri / SEEPZ regionIT Consulting & OutsourcingSEEPZ / Andheri
Tata Consultancy Services (TCS)Nariman Point & multiple centres in MumbaiIT Services & ConsultingNariman Point / Andheri / Navi Mumbai
iGATE Patni (Capgemini)SEEPZ / Andheri EastIT Services & SolutionsSEEPZ / Andheri East
Tech Mahindra LimitedChandivali / Andheri East, MumbaiIT Services & SolutionsChandivali / Andheri East
3i Infotech LtdInternational Infotech Park, Vashi, Navi MumbaiTechnology Services & ITVashi / Navi Mumbai
Aurionpro Solutions LtdNavi Mumbai HeadquartersIT & IT Products (Banking / Payments / Mobility)Navi Mumbai
CitiusTech Healthcare TechnologyMindspace, Airoli / Thane–Belapur Road, Navi MumbaiHealthcare ITAiroli / Mindspace
Cognizant Technology SolutionsKensington Building, Hiranandani Business Park, Powai, MumbaiIT Services & ConsultingPowai IT / Business Hub
Hexaware TechnologiesOne BKC, Bandra Kurla Complex & IT Park, Ghansoli / Navi MumbaiIT & BPO ServicesBKC / Ghansoli IT Park

A Brief Glance at Mumbai’s History, In Information Technology

The Information Technology industry in India can be broken down into two parts: The first is IT Services, and the second is Business Process Outsourcing (BPO). Mumbai is the place where India’s IT services were born. In 1967, the first ever Tata Consultancy Services was set up here – later, teamed up with Burroughs in 1977, marking India's stepping into the IT services export business. In 1973, its first-ever Software Export Zone was established, known as the SEEPZ. In the 1980s, SEEPZ generated over 80% of the country’s IT Exports. It underwent some major changes in the late 90s and early 2000s to create Maharashtra’s IT Hub and, at the same time, one of the best IT hubs in India.

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Top Global IT Giants in Mumbai (Service & Consulting)

The city hosts thousands of tech companies; here is a list of the top IT companies in Mumbai. Along with career opportunities, it’s important to know the best areas to live near IT hubs, such as Vikhroli, Powai, Airoli, and Navi Mumbai, for easy commutes and modern amenities.

1. Accenture India Private Limited

accenture it companies in mumbai
Accenture - Global IT Companies In Mumbai

Accenture is a leading global management consultancy and professional services organization that provides strategy, digital, technology, and operations services. Its Vikhroli office in Mumbai is one of its major locations for delivery and innovation, supporting clients across sectors such as finance, healthcare, and telecommunications. This office primarily focuses on cloud services, digital transformation, artificial intelligence, and business process outsourcing to help clients increase efficiency and embrace innovative technologies in India and around the world.

FieldDetails
Industry / ServicesIT Consulting, Digital, Cloud, AI, Security
Founded In1989
Founder / CEOJulie Sweet
HeadquartersDublin, Ireland
Mumbai Office Location Godrej & Boyce Complex, LBS Marg, Vikhroli (W), Mumbai – 400079
Number of Employees~779,000 (Global) Approx.
Revenue (Approx.)USD ~69.7 Bn
Careers Page Linkhttps://www.accenture.com/careers
Official Websitehttps://www.accenture.com
Nearby Localities to LiveVikhroli, Powai, Ghatkopar, Kanjurmarg
Avg Rent Near Office1BHK: ₹35–50k / 2BHK: ₹65–90k
Nearest Metro / RailwayVikhroli Stn (1.2 km), Metro Line 4 (upcoming)

2. Infosys

infosys it companies in mumbai
Infosys Limited - Leading IT Companies In Mumbai

Infosys is a major player within the information technology space with expertise in digital transformation, software development, and enterprise solutions. The company’s presence in the Indian market through its Mittal Tower office focuses on client engagement, project implementation, and innovation. The company focuses on emerging trends such as artificial intelligence, cloud solutions, analytics, automation, and employee skill enhancement, as well as consulting services for the banking, insurance, and manufacturing sectors.

FieldDetails
Industry / ServicesIT Services, Consulting, Cloud, AI
Founded In1981
Founder / CEOFounder: N.R. Narayana Murthy / CEO: Salil Parekh
HeadquartersBengaluru, India
Mumbai Office Location / AddressMittal Tower, Nariman Point, Mumbai – 400021
Number of Employees (Approx.)~323,000
Revenue (Approx.)USD ~19 Bn
Careers Page Linkhttps://www.infosys.com/careers
Official Websitehttps://www.infosys.com
Nearby Localities to LiveColaba, Fort, Churchgate
Avg Rent Near Office1BHK: ₹55–75k / 2BHK: ₹90k–1.4L
Nearest Metro / RailwayChurchgate (0.5 km)

3. IBM India Limited

ibm it companies in mumbai
IBM India Private Limited - Enterprise IT Companies In Mumbai

IBM India Private Limited falls under the umbrella of the world's leading technological powerhouse in the delivery of information technology services, cloud computing, artificial intelligence, and consulting. It serves business organizations in its Mumbai office in terms of software offerings, data analytics, and related technological integration capabilities. IBM's office in India focuses on digital transformation, observing trends in hybrid cloud computing, security, and cognitive computing. IBM India stands as an important part of its parent organization for helping its customers in any business sector adopt new technologies.

FieldDetails
Industry / ServicesIT Consulting, Hybrid Cloud, AI
Founded In1911
Founder / CEOFounder: Charles Ranlett Flint / CEO: Arvind Krishna
HeadquartersArmonk, New York, USA
Mumbai Office Location / AddressMindspace SEZ, Airoli, Navi Mumbai – 400708
Number of Employees (Approx.)~100,000+ (India)
Revenue (Approx.)USD ~61 Bn
Careers Page Linkhttps://www.ibm.com/careers
Official Websitehttps://www.ibm.com
Nearby Localities to LiveAiroli, Ghansoli, Mulund
Avg Rent Near Office1BHK: ₹28–40k / 2BHK: ₹45–65k
Nearest Metro / RailwayAiroli Stn (0.8 km)

4. Tata Consulting Services

tcs it companies in mumbai
Tata Consultancy Services (TCS) - Trusted IT Companies In Mumbai

TCS is a major global provider of IT services and consulting, offering enterprise, cloud, and digital solutions, as well as technology consulting services. The TCS offices in Mumbai are responsible for managing large-scale projects for their clients, as well as facilitating delivery and innovation. TCS has a client portfolio spanning all industries, including financial services, healthcare, retail, telecom, and digital transformation, artificial intelligence, analytics, and business process services.

FieldDetails
Industry / ServicesIT Services, Consulting
Founded In1968
Founder / CEOFounder: JRD Tata / CEO: K Krithivasan
HeadquartersMumbai, India
Mumbai Office Location / AddressKensington 'B' Wing, Kensington Rear Exit Road, Hiranandani Gardens, Powai, Mumbai, Maharashtra 400076
Number of Employees (Approx.)~593,000
Revenue (Approx.)USD ~29 Bn
Careers Page Linkhttps://www.tcs.com/careers
Official Websitehttps://www.tcs.com
Nearby Localities to LiveFort, Dadar, Lower Parel
Avg Rent Near Office1BHK: ₹45–65k / 2BHK: ₹80k–1.2L
Nearest Metro / RailwayAndheri Stn

5. iGATE Patni

igate it companies in mumbai
IGATE - International IT Companies In Mumbai

iGATE Patni, now part of Capgemini, is a company specialising in IT services and consultation to provide enterprise solutions, cloud services, and digital transformation support. Its Mumbai office supports global client delivery, technology consulting, and innovation initiatives. The company serves sectors such as BFSI, manufacturing, and telecom with a formidable focus on operational efficiency improvement, modernization of legacy systems, and implementation of automation and analytics solutions. Its Mumbai operations play a key role in project management, client engagement, and the delivery of scalable IT solutions.

FieldDetails
Industry / ServicesIT Consulting, Digital
Founded In1996
Founder / CEOCEO (Parent): Aiman Ezzat
HeadquartersParis, France
Mumbai Office Location / AddressCapgemini SEZ, Airoli, Navi Mumbai
Number of Employees (Approx.)~350,000
Revenue (Approx.)USD ~24 Bn
Nearby Localities to LiveAiroli, Ghansoli
Avg Rent Near Office1BHK: ₹30–40k / 2BHK: ₹45–65k
Nearest Metro / RailwayAiroli Stn

6. Tech Mahindra Limited

tech mahindra it companies in mumbai
Tech Mahindra Limited - Telecom IT Companies In Mumbai

Tech Mahindra is a global leader in IT services and consulting across Telecom, Digital Transformation, and Enterprise Solutions. Its Mumbai office manages client delivery, innovation projects, and technology consulting services. It focuses on emerging technologies such as cloud, AI, cybersecurity, and automation. Engaged with clients in the telecom, BFSI, healthcare, and manufacturing industries, Tech Mahindra offers software development, digital platforms, and technology integration that aim to enhance efficiency, improve customer experience, and expand business locally and globally.

FieldDetails
Industry / ServicesIT Services, Telecom, Digital
Founded In1986
Founder / CEOMohit Joshi
HeadquartersPune, India
Mumbai Office Location / AddressSEEPZ, Andheri (E), Mumbai
Number of Employees (Approx.)~148,700
Revenue (Approx.)USD ~6.5 Bn
Careers Page Linkhttps://careers.techmahindra.com
Official Websitehttps://www.techmahindra.com
Nearby Localities to LiveAndheri, Powai
Avg Rent Near Office1BHK: ₹35–50k / 2BHK: ₹60–85k
Nearest Metro / RailwayAndheri Stn

7. Cognizant Technology Solutions

cognizant it companies in mumbai
Cognizant Technology Solutions - Modern IT Companies In Mumbai

Cognizant is a global leader in professional services. The company provides information technology consulting, digital transformation, and technology services to help enterprises boost customer engagement and accelerate innovation through cloud and artificial intelligence.

FieldDetails
Industry / ServicesIT Services, Consulting
Founded In1994
Founder / CEORavi Kumar S.
HeadquartersTeaneck, USA
Mumbai Office Location / AddressSEEPZ, Andheri (E), Mumbai
Number of Employees (Approx.)~350,000
Revenue (Approx.)USD ~19 Bn
Careers Page Linkhttps://careers.cognizant.com
Official Websitehttps://www.cognizant.com
Nearby Localities to LiveAndheri, Powai
Avg Rent Near Office1BHK: ₹35–50k / 2BHK: ₹65–90k
Nearest Metro / RailwayAndheri Stn

8. Hexaware Technologies

hexaware it companies in mumbai
Hexaware Technologies - Cloud-Based IT Companies In Mumbai

Hexaware Technologies is a global IT services company focused on automation, cloud transformation, and digital engineering. It delivers innovative solutions across banking, healthcare, and insurance sectors, helping businesses improve agility, enhance customer engagement, and drive operational excellence.

FieldDetails
Industry / ServicesIT Services, Automation
Founded In1990
Founder / CEOR. Srikrishna
HeadquartersMumbai, India
Mumbai Office Location / AddressThane / Airoli Tech Parks
Number of Employees (Approx.)~28,000
Revenue (Approx.)USD ~1.5 Bn
Careers Page Linkhttps://hexaware.com/careers
Official Websitehttps://hexaware.com
Nearby Localities to LiveThane, Airoli
Avg Rent Near Office1BHK: ₹25–35k / 2BHK: ₹40–60k
Nearest Metro / RailwayThane / Airoli Stn

Leading Product & Software Companies in Mumbai

Mumbai is known to host some of the most prominent product and Software-as-a-Service firms, which develop scalable platforms, enterprise applications, and industry-specific tech solutions.

9. Polaris Software Lab Ltd

polaris it companies in mumbai
Polaris Software Lab Ltd - Banking-Focused IT Companies In Mumbai

Polaris Software Lab Ltd is a financial technology firm offering core banking, risk management, and digital solutions. It serves its regional as well as international customers through its office in Mumbai. To date, it has focused on delivering its secure, scalable, and compliant banking solutions to improve operational efficiency, alongside its digital transformation projects. It provides consultancy, analytics, and software services to enhance customer experiences, along with advanced technological solutions for the financial industry.

FieldDetails
Industry / ServicesBanking & Financial Software
Founded In1993
Founder / CEOArun Jain
HeadquartersChennai (historical)
Mumbai Office Location / AddressMindspace, Malad (W), Mumbai
Number of Employees (Approx.)~3,000
Nearby Localities to LiveMalad, Goregaon
Avg Rent Near Office1BHK: ₹35–50k / 2BHK: ₹60–85k
Nearest Metro / RailwayMalad Stn (1.5 km)

10. 3i Infotech Ltd

infotech it companies in mumbai
3i Infotech Ltd - Financial Services IT Companies In Mumbai

3i Infotech LTD is a company based in India that deals with information technology services and products, with a specialization in banking, financial services, and insurance solutions. The Mumbai centre of this company provides services related to client delivery, software development, and technology consulting across different areas of specialization and technology, unlike Finopspective Software Inc.

FieldDetails
Industry / ServicesIT Services, Cloud, Cybersecurity
Founded In1993
Founder / CEOThompson P. Gnanam
HeadquartersNavi Mumbai
Mumbai Office Location / AddressRailway Station, 6th Floor, Tower #2, Wing-E, Seawoods Grand Central, Sector-40 Seawoods Darave, Node, Nerul, Navi Mumbai, Maharashtra 400706
Number of Employees (Approx.)~5,600
Revenue (Approx.)USD ~0.3 Bn
Careers Page Linkhttps://www.3i-infotech.com/careers
Official Websitehttps://www.3i-infotech.com
Nearby Localities to LiveAiroli
Avg Rent Near Office1BHK: ₹25–35k / 2BHK: ₹40–55k
Nearest Metro / RailwayAiroli Stn

Fast-Growing Specialized IT Firms in Mumbai

The list fast-growing specialized IT firms in Mumbai, focused on FinTech, HealthTech, digital engineering, and automation-driven software solutions:

11. LTIMindtree (L&T Infotech)

l and t it companies in mumbai
LTIMindtree (L&T Infotech) - Digital IT Companies In Mumbai

LTIMindtree, formerly known as L&T Infotech, is a provider of information technology services and solutions across cloud, automation, digital engineering, and enterprise solutions. Its Mumbai operations manage client delivery, innovation, and project execution for local and global clients. The organization and service provider target their efforts at business process re-engineering, legacy system transformations, and technology consulting. Their service domains include banking, insurance, manufacturing, and the energy sector, helping clients tap into new and improved technologies to increase efficiency and productivity.

FieldDetails
Industry / ServicesIT Services, Cloud, Data, Digital
Founded In1996
Founder / CEOCEO: Venu Lambu
HeadquartersMumbai, India
Mumbai Office Location / AddressL&T Business Park, Powai, Mumbai – 400072
Number of Employees (Approx.)~81,600
Revenue (Approx.)USD ~ 327 Mn
Careers Page Linkhttps://www.ltimindtree.com/careers
Official Websitehttps://www.ltimindtree.com
Nearby Localities to LivePowai, Chandivali, Vikhroli
Avg Rent Near Office1BHK: ₹40–55k / 2BHK: ₹70–95k
Nearest Metro / RailwaySaki Naka Metro (3 km)

12. Ness Technologies

ness it companies in mumbai
Ness Technologies - Professional IT Companies In Mumbai

Ness Technologies is primarily a digital engineering and IT service provider. Their key areas of expertise include product development, cloud infrastructure, and digital transformation services. Their Mumbai operations cater to clients from across the world across diverse industries such as finance, healthcare, and technology. Their expertise also includes innovation, agility, and efficiency. Their expertise also enables clients to leverage new-age technology such as AI, analytics, and automation.

FieldDetails
Industry / ServicesDigital Engineering, Cloud
Founded In2000
Founder / CEORami Kalish
HeadquartersTel Aviv, Israel
Mumbai Office Location / AddressKnowledge Park, Airoli, Navi Mumbai
Number of Employees (Approx.)~4,000
Careers Page Linkhttps://www.ness.com/careers
Official Websitehttps://www.ness.com
Nearby Localities to LiveAiroli, Ghansoli
Avg Rent Near Office1BHK: ₹28–38k / 2BHK: ₹45–60k
Nearest Metro / RailwayAiroli Stn (1 km)

13. Aurionpro Solutions Ltd

aurion pro it companies in mumbai
Aurionpro Solutions Ltd - Innovative IT Companies In Mumbai

Aurionpro Solutions Ltd. is a technology solutions provider with expertise in digital payments, fintech solutions, and smart mobility platforms. Their Mumbai office looks after client projects, product development, and technology consulting. Their focus is on innovation, automation, and secure enterprise solutions, with business sectors including banking, transportation, and government.

FieldDetails
Industry / ServicesFinTech, Transit Tech
Founded In1997
Founder / CEOAshish Rai
HeadquartersNavi Mumbai
Mumbai Office Location / AddressSynergia IT Park Plot No. R-270, T.T.C. Industrial Estate, Rabale, Navi Mumbai, Maharashtra 400701
Number of Employees (Approx.)~2,000
Revenue (Approx.)USD ~0.25 Bn
Careers Page Linkhttps://www.aurionpro.com/careers
Official Websitehttps://www.aurionpro.com
Nearby Localities to LiveAiroli
Avg Rent Near Office1BHK: ₹28–38k / 2BHK: ₹45–60k
Nearest Metro / RailwayAiroli Stn

14. CitiusTech Healthcare Technology Pvt. Ltd

citius tech it companies in mumbai
CitiusTech Healthcare Technology - Healthcare IT Companies In Mumbai

CitiusTech is a leading healthcare technology solutions provider and a global leader in data analytics, interoperability, and digital health. The company partners with healthcare organizations for enhanced patient care, operational efficiency, and value-based care delivery via innovative technology, cloud, and AI-powered insights.

FieldDetails
Industry / ServicesHealthcare IT, Data, AI
Founded In2005
Founder / CEORajan Kohli
HeadquartersPrinceton, USA
Mumbai Office Location / AddressBuilding No 14, Mindspace, Airoli, Navi Mumbai, Maharashtra 400708
Number of Employees (Approx.)~7,000
Revenue (Approx.)Private
Careers Page Linkhttps://www.citiustech.com/careers
Official Websitehttps://www.citiustech.com
Nearby Localities to LiveAiroli, Mulund
Avg Rent Near Office1BHK: ₹30–40k / 2BHK: ₹50–70k
Nearest Metro / RailwayAiroli Stn

15. Mahindra Satyam

mahindra satyam it companies in mumbai
Mahindra Satyam - Technology Consulting IT Companies In Mumbai

Mahindra Satyam was a well-known information technology services firm, focusing on consulting, software development, and outsourcing. It is not an existing separate organization but a subsidiary of the Tech Mahindra group of companies. It was operating in Mumbai, delivering enterprise solutions, technology integration, and digital solutions for its domestic and international customers before the merger of its organizations. Currently, the Mumbai office of Tech Mahindra remains one of its major hubs for customer delivery, Information Technology, and innovations.

FieldDetails
Industry / ServicesIT Services (Legacy)
Founded In1987
Founder / CEOIntegrated into Tech Mahindra
HeadquartersHyderabad (Legacy)
Mumbai Office Location / AddressLegacy Andheri / Kandivali offices
Number of Employees (Approx.)~15,000 (legacy)
Revenue (Approx.)Discontinued
Careers Page LinkN/A
Official WebsiteN/A
Nearby Localities to LiveAndheri, Kandivali
Avg Rent Near Office1BHK: ₹30–45k / 2BHK: ₹55–75k
Nearest Metro / RailwayAndheri Stn

Importance of Information Technology Companies in India

Information Technology firms are very important for the economic transformation of India because of their contributions to the competitive ability of the country at the global level:

  • An important factor in India’s GDP and foreign exchange earnings
  • Creates overall employment on a large scale
  • Makes India a global hub for IT and software services
  • Enables digital innovation in the fields of AI, Cloud, FinTech, and Data Analytics
  • Facilitates the development of banking, healthcare, retail, and government industries
  • Fosters the startup ecosystem and entrepreneurship
  • Attracts foreign investments and foreign clients
  • Improves skill development and worldwide work mobility

Work Culture in Mumbai’s Information Technology Firms

The working culture in Mumbai's IT environments is becoming more dynamic and, finally, employee-centric. This entails combining professional development opportunities with flexible working arrangements. Most of these firms have incorporated flexible working models. These include enabling a balance between working from the office and working from home. Other areas of focus include results-oriented performance and knowledge exchange, with working sessions such as wellness programs, training, and mentoring becoming common. Nevertheless, some of these workers continue to work long hours with short project deadlines.

Demand for Jobs in IT Companies in Mumbai

Mumbai is also experiencing a surge in hiring by IT companies owing to the massive digital transition underway in the city. Organizations are hiring professionals in software development, cloud computing, data analytics, artificial intelligence, and digital security. Apart from that, the need for professionals in other areas like DevOps, full-stack development, automation, and UX/UI design is also increasing. With a hybrid work model and competitive salaries, various IT companies in Mumbai are luring both fresh pass-outs and experienced professionals to join their teams. The table below highlights the salary scope in Mumbai’s IT sector, showing the demand, experience range, and average compensation for key technology and IT roles across the city:

Job RoleDemand RangeExperienceAverage Salary (INR)
Software Developer / EngineerHigh0–5 years4–12 LPA
Cloud Engineer / ArchitectVery High2–8 years8–20 LPA
Data Analyst / Data ScientistHigh1–6 years6–18 LPA
AI / ML EngineerHigh2–6 years8–20 LPA
Cybersecurity AnalystMedium–High2–5 years6–15 LPA
DevOps EngineerHigh2–5 years6–16 LPA
UX/UI DesignerMedium1–5 years4–10 LPA
IT Project ManagerMedium–High5–10 years12–25 LPA

Why is Mumbai a Hot Spot for Foreign Investors?

Mumbai is the land of lights and hope. Every year, the city beckons many aspirants seeking employment with IT companies, which are always on the lookout for more recruits. The major reasons for this are:

  • Talent Pool: India is known to have an extensive talent pool. This makes Mumbai an IT talent hotspot.
  • Cost-effective options: This is one reason why foreign investors are attracted, as well as companies that outsource their manufacturing processes
  • High-quality work culture: Indians as working professionals show a great passion for perfection and a love for quality.
  • Solid Infrastructure: The area supports existing ICT operations and offers scope for development.
  • International recognition: According to surveys, 80% of European and American outsourcing companies consider India their number one outsourcing destination, followed by the Philippines.

Revenue Generated by Mumbai’s IT companies

Mumbai is a perfect center for several IT companies in India, including major IT service firms, product-based companies, and specialized technology providers. These companies generate revenue through software development, digital solutions, cloud services, and technology consulting for both domestic and international clients. The sector plays an enormous role in the local economy by supporting employment, fostering innovation, and enabling technology-driven business growth. In addition to having great infrastructure, Mumbai boasts a rich pool of skilled talent, making it a great destination for IT operations and expansions. Overall, the city also remains vital in terms of the financial and technological landscape of India’s IT industry.

MetricApproximate Value 
IT & IT‑enabled Services (IT‑ITeS) Total RevenueOver $250 billion (~₹21.5 lakh crore) [1]
Expected IT Industry Revenue FY25–26$282.6 billion, projected $300 billion [2]
Export Contribution (of IT‑ITeS revenue)~$200 billion [3]
Growth Trend~6% annual sector growth forecast [4]
Contribution to India’s GDP~7–8% of GDP (IT sector share) [5]

How NoBroker Can Help with Tenant Guides?

Navigating Mumbai’s real estate can be challenging, especially for IT professionals relocating for work. NoBroker helps tenants with comprehensive guides, neighborhood insights, and verified property listings to make informed decisions. Whether you are joining TCS, Infosys, or CitiusTech, NoBroker makes it easy to find rental properties near top IT hubs in Mumbai, ensuring convenient commutes and access to essential amenities. With its tenant-focused resources, NoBroker simplifies renting, saves time, and helps professionals settle in the city comfortably.

Frequently Asked Questions?

Q1. I want to work in Mumbai. Can I find affordable housing?

Ans. Mumbai is a place that exists in a state of dissonant harmony. It is a place where old and young, rich and poor, IT and Non-IT can all peacefully co-exist together. To support the living accommodation of the eternally diverse Mumbai community, there are living choices just as diverse, ranging from a one-bedroom studio apartment in a castle in the middle of the city. But since we are focusing on affordable, these best choices would be an unfinished/unfurnished space if you live alone in the big city.

Q2. What are the best places to live in Mumbai near the IT hubs?

Ans. Most of the major IT hubs of Mumbai are located in Gurgaon, Chandivali, Andheri and the south of Mumbai.
Usually living in these places can be quite expensive, but due to the rise in the demand for jobs and houses, there are a lot of affordable houses for rent quite close to these locations. For instance, you can rent a two-bedroom apartment in Gurgaon starting at 13,000 INR. Places near Andheri are more expensive with a 2-bedroom apartment there starting from 40,000 INR.
To find the best and most affordable option for you, in the location you want, try No Broker.

Q3. Will the IT industry in Mumbai begin to decline?

Ans. If Mumbai were to be wiped off the face of the earth, then you might notice a decline in its IT sector and that is only due to the long commute to the job. But no, the IT companies in Mumbai will not decline, at least not anytime soon. Even during the global pandemic, IT professionals could take their work home with them. Even when the company fronts were shut down, the work continued to be cleared step by step. Even during the tough time, the IT sector, not just in Mumbai, but in the whole of India, still continues to hire people by conducting online tests and interviews. Therefore, we can conclude that the IT sector in Mumbai is never-ending just like the city itself.

Q4. Which IT companies are in Mumbai?

Ans.  IBM, L&T Infotech, iGate, Tech Mahindra, Accenture, Infosys, TCS, Mahindra Satyam, Oracle, and Polaris Software are among the leading software companies in the Mumbai Metropolitan Region.

Q5. Which state has the largest IT sector in India?

Ans. Bangalore, in the Indian state of Karnataka, will be the world's largest software industry IT hub. The IT industry in Karnataka has generated $45 billion for the country over the years.

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