Indian Information technology (IT) firm HCLTech has been recognized as the No. 1 India-headquartered company in World’s Best Companies 2024 list published by the United States of America (USA) based TIME Magazine and German based Statista.
- HCLTech has secured 112th position leading to topping amongst Indian companies with an overall score of 91.75.
- The Noida-headquartered firm has also secured a place in the global top 10 list within the Professional Services category.
- US-based tech giant Apple has topped the list globally, followed by Ireland-based tech major Accenture, Microsoft, BMW Group, and Amazon.
About World Companies 2024 list:
The World’s Best Companies 2024 ranking is based on employee-satisfaction surveys, revenue growth, and environmental, social, and corporate governance (ESG) data.
- The list ranks the top 1,000 global employers that are forging a path into the future.
- The survey was conducted in over 50 countries with around 170,000 participants assessed companies based on direct and indirect recommendations, work conditions, salary, equality, and overall company image.
Key Highlights of the List
i.Apple ranked 4th in employee satisfaction, but topped the rankings by its ESG rating, which was first out of all the companies.
ii.Though no particular sector dominated the list, tech firms made up 6 of the top 20 positions and four of the top 10.
iii.Microsoft became the second highest-rated company in employee satisfaction, after Alphabet, the parent company of Google.
iv.In comparison, HCL Tech was ranked 76th on ESG and 243rd on employee satisfaction.
v.In terms of employee satisfaction rank, Infosys won 75th place, Wipro was 182th, and Mahindra Group was 305th.
Top Indian Companies in the List:
A total of 22 Indian-origin companies have made it to the list this year, including HCLTech, Infosys, Wipro, Adani Group, and Reliance Industries.
i.HCL Tech secured the top most position amongst the Indian firms with 112th position.
ii.Infosys was placed at 119th spot followed by Wipro at 134th position.
iii. The Adani Group claimed 736th position while Reliance Industries gained 646th spot.
iv.The next Indian firms to feature in the list are – Mahindra Group, Axis Bank, State Bank of India, ICICI Bank, Larsen & Toubro, Kotak Mahindra Bank, ITC Limited, NTPC Limited, Yes Bank, Bank of Baroda, Godrej & Boyce, Bajaj Group, Cipla, Bharat Electronics Limited, MRF.
About HCL Technologies
i.HCLTech was founded by Shiv Nadar in 1991 and deals in computer programming, consultancy, and related activities.
- It operates through the following segments: Software Services; Information Technology (IT) Services; and Business Process Outsourcing Services.
ii.As of June 2024, HCLTech has a global headcount of 219,000, across 60 countries.
iii. HCLTech has won the 2024 Pega Partner Innovation Award for Industry Excellence in Financial Services.
iv.HCLTech, a leading global technology company, has collaborated with SAP in India to provide SAP-certified training to professionals in Consulting, IT and Engineering sectors.
List of Top 5 World’s Best Companies
| Rank | Company name | Headquarters | Overall score |
|---|---|---|---|
| 1 | Apple | United States of America (USA) | 97.75 |
| 2 | Accenture | Ireland | 97.70 |
| 3 | Microsoft | USA | 97.65 |
| 4 | BMW Group | Germany | 97.41 |
| 5 | Amazon | USA | 96.47 |
Top Indian Companies in the List
| Global Rank | Company name | Headquarters | Overall score |
|---|---|---|---|
| 112 | HCL Technologies Limited | Noida, Uttar Pradesh(UP) | 91.75 |
| 119 | Infosys Limited | Bengaluru, Karnataka | 91.55 |
| 134 | Wipro Limited | Bengaluru | 91.29 |
| 187 | Mahindra Group | Mumbai, Maharashtra | 90.57 |
| 504 | Axis Bank Limited | Mumbai | 86.72 |
About TIME Magazine:
Chief Executive Officer(CEO)– Jessica Sibley
Headquarters – New York, the United States of America (USA)
Founded – 1923
