Tech Mahindra number of employees FY 2016-2023

Tech Mahindra Limited, a subsidiary of Mahindra Group, had over 152 thousand employees in the fiscal year 2023. The Indian technological giant had 313 offices spread across more than 90 countries including India, Europe, Australia, and Africa, the company showed a strong international presence.

World’s largest IT-BPM destination

 By offering a wide range of technological services, India’s IT-BPM sector has continued to attract new customer segments. The ability of the industry to deliver enterprising solutions is the distinguishable feature that has helped it transform from technology providers to strategic business partners all over the world. The sector contributed as much as over seven percent to India’s GDP during the fiscal year 2023. With the cost-effective selling proposition, the Indian IT industry has been more inclined towards export services. Consequently, the sector held an export market size of over 149 billion U.S. dollars compared to a 29 billion dollar domestic market in the financial year 2021.

IT - A job creating machine

The IT-BPM sector had employed over 5.4 million people directly. As a consequence of this demand, India has transformed into a technological hub housing various tech cities like Bangalore, Hyderabad, and Chennai. According to a survey, Bengaluru, the Silicon Valley of India, was the leading work destination of the majority of IT professionals across India in 2020.