Top 20 Product Based Companies in India (2025)

Amidst the chaos of India’s tech ecosystem, the product based company trend in India has been nothing short of astonishing. Those were the days of market leadership by consultancy-based service giants, but those times are long gone, as it’s a booming ecosystem now for innovation where domestic and multi-national companies are crafting world-class products.

As per a recent Grand View Research report, India’s software industry is going to be more than $47 billion by 2030, with much of this driven by an increase in application software and a robust product ecosystem. This growth represents the maturity of the Indian technology ecosystem with an emphasis on building genuine, scalable products that are driving a new generation of employment and economic activity. 

These product oriented companies in India not just offer services, but are developing solutions adopted by millions, reaching new levels in different industries and forging a more vibrant and interactive work culture for technology experts. Here, in this article, we will explore the best product based companies in India, along with their key product portfolio. So, let’s begin!

What is a Product-Based Company?

A product company is a company that is mainly involved in developing, creating, and selling its own proprietary products to the masses. They may be physical goods like a phone or a car, but most of the time in the tech space, they are software, apps, or platforms. The destiny of such companies depends directly on the quality, innovation, and popularity of their products in the market. They have control over the whole product life cycle, from research and development to marketing, sales, and after-sales service.

Their prime objective is:

• Design new and better products to satisfy market demands.
• Have quality products in place to gain confidence and trust.
• Earn revenue through effective production and selling.
• Provide value better or equal to customer expectations.
• Increase reach in new markets and increase customer base.

Why Focus on Indian Product-Based Firms in 2025?

India’s tech landscape is changing at lightning speed, and product companies lead the revolution. Here’s why you should focus on Indian product based companies in 2025:

• Indian Domestic Market Growth: The country’s digital economy is expanding at an astounding rate, with an estimated worth of $350 billion by 2030 in e-commerce only, with a colossal domestic market left for firms to innovate and develop their products.
• World-Class Talent Pool: India’s talent pool in technology is one of the world’s largest and most vibrant, with an increasing proportion of high-skilled professionals in emerging fields such as AI, cybersecurity, and cloud computing.
• Favorable Investment Climate: There is a vast amount of venture capital and foreign direct investment into India, especially in deep tech and AI startups, indicating robust investors’ faith in India’s innovation ecosystem.
• Global R&D Hub: These companies are at the forefront of new technologies and are charting the course of creating solutions for a global world with world-class talent and R&D capabilities.
• Dynamic Work Culture: The work culture of these companies is becoming highly dynamic, with increased ownership, freedom to think out of the box, and room to gain special skills, which are highly attractive to current tech professionals.

Why Join a Product-Based Company?

Working with a product based firm is a desirable career option for IT professionals. Here are a few reasons why you may choose to work with product based companies in India:

• Enhanced Compensation Packages: In India, these firms often give great pay, extra money, and stock choices to draw in and keep the best workers.
• Innovation-centric Mode: The business model is product-centric and involves developing and perfecting a product, and hence, the employees always have to deal with new and intricate issues.
• Direct Impact on Users: You can observe the direct impact of your work when a product is in use and enjoyed by many millions of users.
• Specialized Skill Development: You are an expert in one specific domain or technology, which can help you accelerate career development and worth in the marketplace.
• Better Work-Life Balance: With fewer client-driven deadlines and an emphasis on product vision for the long term, the work environment can be more stable and less stressful.

List of Some of the Best Product Based Companies in India

Name	HQ	Flagship Product	Employee Size (India)
Google	Mountain View, California	Google Search, Android, Google Cloud Platform	2,100+
Microsoft	Redmond, Washington	Microsoft Azure, Windows OS	20,000+
Amazon	Seattle, Washington	Amazon.com, Amazon Web Services (AWS)	150,000+
Flipkart	Bengaluru, India	E-commerce Platform	35,000+
Adobe	San Jose, California	Creative Cloud (Photoshop, Illustrator)	7,800+
VMware	Palo Alto, California	VMware Cloud Foundation (VCF)	6,000+
Cisco	San Jose, California	Networking Hardware, Webex	14,800+
Intel	Santa Clara, California	Core Microprocessors (Intel Core, Xeon)	13,000+
Oracle	Austin, Texas	Oracle Database, Oracle Cloud Infrastructure (OCI)	40,000+
Walmart Labs	San Bruno, California	E-commerce and Supply Chain Platforms	8,000+
Atlassian	Sydney, Australia	Jira, Confluence	2,200+
DE Shaw & Co.	New York, New York	In-house Quantitative Trading Systems	2,000+
Salesforce	San Francisco, California	Sales Cloud, Service Cloud, Marketing Cloud	13,000+
Intuit	Mountain View, California	QuickBooks, TurboTax	1,000+
Uber	San Francisco, California	Uber App (for trips), Uber Eats	4,100+
Ola	Bengaluru, India	Ola Cabs, Ola Electric	3,500+
Zoho Corporation	Chennai, India	Zoho Suite (CRM, Mail, Creator)	17,000+
Freshworks	Chennai, India	Freshdesk, Freshservice	6,500+
Razorpay	Bengaluru, India	Payment Gateway, RazorpayX	2,000+
HCLTech (Software Products)	Noida, India	HCL Software (AppScan, BigFix, Domino)	225,000+

Top 20 Product Based Companies in India (2025)

1. Google

• Founded In: 1998
• Founders: Larry Page, Sergey Brin
• Team Size: 2,100+ employees in India.
• HQ: Mountain View, California
• Website: https://www.google.com/

Google is a big tech leader known around the world for its work on web-based goods and help. In 2025, the firm is fast putting money into its AI and cloud offerings, most significantly with the launch of its “Google AI Ultra” premium subscription plan. Its new plan provides high-end access to Google’s most advanced AI models, including advanced capabilities in video and image generation with its Veo and Imagen models.

Apart from this, Google is also expanding its cloud infrastructure in India with a staggering $6 billion investment in building a 1-gigawatt data center in Andhra Pradesh, increasing its local capacity and its focus on sustainable growth. All of these investments are a part of Google’s vision to integrate AI deeply into its product ecosystem, from search and creative tools to cloud computing services.

• Product Portfolio: Google Search, Android, Google Cloud Platform, Google Workspace, YouTube, Google Maps, Chrome, Google Play, AI-powered tools.
• Work Culture & Average Salary: Innovative, collaborative, high-performance, and employee-centric, SDE roles average ₹18-35 LPA, Product Manager roles average ₹30-50 LPA

2. Microsoft

• Founded In: 1975
• Founders: Bill Gates, Paul Allen
• Team Size: More than 20,000 employees in India, part of a global team of more than 221,000.
• HQ: Redmond, Washington
• Website: https://www.microsoft.com/

Microsoft is a global leader in software, services, and hardware, with a greater focus on cloud computing and artificial intelligence in 2025. As one of the top product based companies in India, Microsoft has announced a staggering $3 billion investment to expand its cloud and AI infrastructure in the country to establish it as a global AI hub. This will involve building new data centers and expanding its Azure cloud services to meet growing demand for digital transformation. Microsoft is also committed to an ambitious skilling program of upskilling 10 million Indians in AI skills by 2030, which reflects its commitment not merely to building products but building the talent pipeline that will drive them.

• Product Portfolio: Windows OS, Microsoft Azure, Office 365, Surface devices, Xbox, GitHub, LinkedIn, Visual Studio.
• Work Culture & Average Salary: Open, inclusive, high-impact, and empowering, SDE roles average ₹20-40 LPA, Program Manager roles average ₹25-45 LPA

3. Amazon

• Founded In: 1994
• Founder: Jeff Bezos
• Team Size: Over 150,000 employees in India, part of a global team of over 1.5 million.
• HQ: Seattle, Washington
• Website: https://www.amazon.in/

Amazon is an international technology firm known for its e-commerce, cloud computing, digital streaming, and artificial intelligence. Amazon spent over $233 million in 2025 to strengthen its operations and delivery network in India. The massive investment is intended to improve its infrastructure, develop new tools and technology for its fulfillment centers, and expand its speed and reliability of delivery in the country.

The company’s aim is to improve the experience for both customers and delivery partners, and this investment comes after its persistent drive towards creating a solid logistics foundation in India, which remains an essential market for growth worldwide.

• Product Portfolio: Amazon.com, Amazon Web Services (AWS), Prime Video, Kindle, Alexa, Audible.
• Work Culture & Average Salary: Fast-paced, data-driven, customer-obsessed, and focused on ownership, SDE roles average ₹18-35 LPA, Product Manager roles average ₹28-45 LPA

4. Flipkart

• Founded In: 2007
• Founders: Sachin Bansal, Binny Bansal
• Team Size: 35,000+ employees
• HQ: Bengaluru, India
• Website: https://www.flipkart.com/

As a homegrown e-commerce giant, Flipkart is India’s largest digital retailer and is often counted among the leading product based companies in India. In 2025, Flipkart is going full-throttle into the fast commerce category by making announcements to launch over 800 “dark stores” across India. These stores will act as neighborhood fulfillment centers to enable under-30-minute delivery of daily essentials, pitting it squarely against rivals like Zomato’s Blinkit and Swiggy Instamart. This is a component of the firm’s long-term plan to grow market share and add more depth in services on the back of its established logistics network and brand reliability to compete with the established quick commerce players.

• Product Portfolio: Adobe Creative Cloud, Document Cloud, Experience Cloud, Customer Experience Analytics, Magento Commerce.
• Work Culture & Average Salary: Dynamic, entrepreneurial, fast-paced, and customer-focused, SDE roles average ₹15-30 LPA, Product Manager roles average ₹20-40 LPA

5. Adobe

• Founded In: 1982
• Founders: John Warnock, Charles Geschke
• Team Size: 7,800+ employees in India, the largest workforce outside the US.
• HQ: San Jose, California
• Website: https://www.adobe.com/

Adobe is the global market leader in creative and digital experience software. Generative AI dominates the product strategy of the company in 2025. Adobe recently launched its Firefly Image Model 4 and Firefly Video Model, which provide advanced AI for text-to-image and text-to-video generation in its popular Creative Cloud offering. The company is also expanding the reach of its Express app in India by introducing features in eight Indian languages and offering new localized templates to address the local creator market, demonstrating a desire to offer its powerful capabilities to more users.

• Product Portfolio: Creative Cloud (Photoshop, Illustrator, Premiere Pro), Acrobat, Adobe Experience Cloud.
• Work Culture & Average Salary: Creative, collaborative, innovative, and focused on quality, SDE roles average ₹18-35 LPA, Product Manager roles average ₹25-45 LPA

6. VMware

• Founded In: 1998
• Founders: Diane Greene, Mendel Rosenblum, Scott Devine, Edward Wang, Edouard Bugnion
• Team Size: Over 6,000 employees in India.
• HQ: Palo Alto, California
• Website: https://www.vmware.com/

With its acquisition by Broadcom, VMware’s mission is to deliver a one private cloud platform, VMware Cloud Foundation (VCF). As one of the prominent product based companies in India with a strong enterprise presence, VMware is focused on enabling faster deployment of new workloads, quicker data recovery, and cost-effective infrastructure for businesses. The company is placing investment in features like embedded Virtual Private Clouds (VPCs) and automated cloud usage interfaces to simplify app delivery at scale. While there have been some rumors of pricing and packaging adjustments, the focus is on building up the core platform to meet the evolving needs of big private cloud buyers and enterprise customers.

• Product Portfolio: vSphere, NSX, vSAN, Tanzu, VMware Cloud Foundation (VCF).
• Work Culture & Average Salary: Technically focused, collaborative, innovative, and stable, SDE roles average ₹18-30 LPA, Product Manager roles average ₹25-40 LPA

7. Cisco

• Founded In: 1984
• Founders: Leonard Bosack, Sandy Lerner
• Team Size: Over 14,800 individuals in India
• HQ: San Jose, California
• Website: https://www.cisco.com/

Cisco is a networking, security, and collaboration technology leader globally. In 2025, the company will have made solid investments in products, particularly in AI and security. Cisco rolled out “AI Defense,” a new feature that guards companies against the misuse of AI as well as increasing cyberattacks, and integrated it into its Secure Access security service edge (SSE) offering and Hypershield.

Cisco is also heavily funding AI startups and introduced “AI Canvas,” a generative AI user interface for customer dashboards that helps IT teams cooperate and automate operations. Apart from that, Cisco entered the quantum networking arena with the launch of a new quantum chip, underlining its focus on advanced technologies.

• Product Portfolio: Networking Hardware (Routers, Switches), Webex, Meraki, Cisco Secure.
• Work Culture & Average Salary: Technical, professional, collaborative, and focused on security, SDE roles average ₹15-25 LPA, Network Engineer roles average ₹10-20 LPA

8. Intel

• Founded In: 1968
• Founders: Robert Noyce, Gordon Moore
• Team Size: Over 13,000 employees in India.
• HQ: Santa Clara, California
• Website: https://www.intel.com/

Intel is a leader and an innovator in semiconductor chips, foundational technology for all computing today. In 2025, the company’s product strategy is hugely reliant on its core microprocessor and chipset R&D. Intel’s biggest research and development facility beyond the US, Bengaluru R&D centre, plays a significant role in the engineering and design of these products.

During its “Intel Vision 2025” event, the company showcased its path towards enterprise-level AI, cloud, and edge solutions and emphasized its focus on shifting its core products to catch up with the requirements of an AI-first world. The investment undertaken by the company in its R&D centers in India on a continuous basis is a strong indicator of its reliance on India’s talent pool for its product strategy in the long term. Like many leading IT companies, Intel is leveraging India’s growing tech ecosystem to stay competitive in the evolving global market.

• Product Portfolio: Core Microprocessors (Intel Core, Xeon), Chipsets, SSDs, Graphics Processors, AI Accelerators.
• Work Culture & Average Salary: Technically deep, focused on engineering excellence, and collaborative, SDE roles average ₹20-30 LPA, Hardware Engineer roles average ₹15-28 LPA

9. Oracle

• Founded In: 1977
• Founders: Larry Ellison, Bob Miner, Ed Oates
• Team Size: Over 40,000 staff in India.
• HQ: Austin, Texas
• Website: https://www.oracle.com/

Oracle is a big tech business with key products in database software and cloud apps. Counted among the influential product based companies in India, Oracle secured the title of “Leader” in the Gartner Magic Quadrant in 2025 for its excellence in data handling and business intelligence—highlighting its commitment to innovation in this space.

The company is leveraging AI to enhance its Analytics Cloud offerings with features like the “Oracle Analytics AI Assistant” that allows users to discover insights using natural language. Oracle is also extending its database products and cloud services to provide a more unified and AI-fueled experience for its enterprise customers, cementing its position in the cloud and data management space.

• Product Portfolio: Oracle Database, Oracle Cloud Infrastructure (OCI), NetSuite, Fusion Cloud Applications.
• Work Culture & Average Salary: Competitive, goal-oriented, high-performance, and technically demanding, SDE roles average ₹15-25 LPA, Database Administrator roles average ₹12-22 LPA

10. Walmart Labs

• Founded In: 2000
• Founders: Venky Harinarayan and Anand Rajaraman
• Team Size: 8,000+ employees in India.
• HQ: San Bruno, California
• Website: https://tech.walmart.com/

Walmart Global Tech, formerly Walmart Labs, is the technology arm of the retail giant that works on building the platforms that power its e-commerce and supply chain business. Recognized among the fast-growing product based companies in India, Walmart has committed to buying $10 billion worth of merchandise from India by 2027—a move that will significantly enable domestic MSMEs. Walmart’s tech groups in India are key to this work. They build AI-driven sites and aids that help small and mid-sized firms grow in the digital world and join Walmart’s big supply network. This move shows Walmart’s plan to use tech to not just expand its retail side but also to grow its network of suppliers.

• Product Portfolio: E-commerce platform, supply chain management software, data analytics tools.
• Work Culture & Average Salary: Tech-focused, data-driven, fast-paced, and collaborative, SDE roles average ₹15-28 LPA, Data Scientist roles average ₹18-30 LPA

11. Atlassian

• Founded In: 2002
• Founders: Scott Farquhar, Mike Cannon-Brookes
• Team Size: Over 2,200 employees
• HQ: Sydney, Australia
• Website: https://www.atlassian.com/

Atlassian is a leading collaboration and project management software company for development teams. Atlassian has been making investments in its platform foundation to integrate its line of products more closely. Atlassian will expand its “AgenticOps” approach with the use of generative AI to build a customer dashboard UI called “AI Canvas.” The product, announced at a recent conference, aims to foster collaboration and improved operations among NetOps, SecOps, and DevOps teams.

The company is also strategically investing in AI startups and has ventured into quantum networking, demonstrating an interest in both core product work and emerging technologies.

• Product Portfolio: Bazigato, BrightFlag, Confluent.io, Kwutta, StackWare.
• Work Culture & Average Salary: Collaborative, open, innovative, and employee-first, SDE roles average ₹20-35 LPA, Product Manager roles average ₹28-40 LPA

12. DE Shaw & Co.

• Founded In: 1988
• Founder: David E. Shaw
• Team Size: Over 2,000 Indian employees (as of late 2024).
• HQ: New York, USA
• Website: https://www.deshawindia.com/

DE Shaw & Co. is an investment and technology development company with a worldwide presence that specializes in quantitative research and computational techniques. Its intellectual property is its extremely proprietary quantitative trading systems and mathematical models. These are developed extensively in its Hyderabad offices in India to create and fine-tune such systems on an ongoing basis.

The firm’s investment approach is in two broad categories, i.e., systematic and discretionary. Systematic strategies employ proprietary quantitative models to capture inefficiencies in global markets, while discretionary strategies rely on human expertise. The company’s focus on leading-edge technology and rigorous research makes its products a driving force behind its success in the financial world.

• Product Portfolio: In-house quantitative trading systems, mathematical models for financial markets.
• Work Culture & Average Salary: Intellectual, meritocratic, high-pressure, and highly rewarding, SDE roles average ₹30-60 LPA, Quantitative Analyst roles average ₹40-80 LPA

13. Salesforce

• Founded In: 1999
• Founders: Marc Benioff, Parker Harris, Dave Moellenhoff, Frank Dominguez
• Team Size: Over 13,000 individuals in India.
• HQ: San Francisco, California
• Website: https://www.salesforce.com/

Overview: Salesforce is a global cloud leader in customer relationship management (CRM) software. Salesforce’s product strategy for 2025 is primarily focused on infusing AI into its whole platform. Salesforce is marketing its products as the “#1 AI CRM” and is developing “Agentforce,” a new family of AI agents to automate work and drive customer success.

The company has just made “Agentforce 3” available, which is designed to tackle the biggest challenges for scaling AI agents with increased visibility and control. Its new offerings are meant to blend customer information and streamline work to drive growth and cut costs for its clients, further enhancing Salesforce’s leadership in the market for CRM.

• Product Portfolio: Sales Cloud, Service Cloud, Marketing Cloud, Commerce Cloud, Slack, Tableau, Mulesoft.
• Work Culture & Average Salary: Collaborative, innovative, mission-driven, and employee-centric, SDE roles average ₹18-32 LPA, Solutions Engineer roles average ₹20-35 LPA

14. Intuit

• Founded In: 1983
• Founders: Scott Cook, Tom Proulx
• Team Size: Over 1,000 employees in India.
• HQ: Mountain View, California
• Website: https://www.intuit.com/in/

Intuit is a financial technology platform that powers small businesses and individuals with a product portfolio. In 2025, the company is focusing on leveraging AI to enhance products like QuickBooks and TurboTax. Intuit is striving to integrate AI functionality to help customers do financial tasks from tax preparation to business finance management. Intuit is also investing in its “Prosperity Hub” initiative in India, which is aimed at empowering local economies by creating new employment opportunities and empowering small and medium-sized businesses using its financial software. Intuit’s strategy is to use technology to simplify finance and facilitate economic growth.

• Product Portfolio: QuickBooks, TurboTax, Credit Karma, Mailchimp.
• Work Culture & Average Salary: Product-focused, innovative, collaborative, and customer-centric, SDE roles average ₹18-30 LPA, Data Scientist roles average ₹20-35 LPA

15. Uber

• Founded In: 2009
• Founders: Garrett Camp, Travis Kalanick
• Team Size: Over 4,100 employees in India (as of late 2024).
• HQ: San Francisco, California
• Website: https://www.uber.com/

Uber is a global technology firm famous for its ride-sharing, food delivery, and cargo transport operations. Uber India is expanding its intercity service in 2025, presently serving over 3,000 routes. The company has also launched a pilot of an upscale “Motorhome” service in Delhi-NCR to take advantage of the new trend of road transportation further. This short-term product, which can be ordered on the Uber app, provides a luxury, comfort-based option to travel on highways. Such new product launches demonstrate a strategic direction to expand its portfolio and reach a wider section of the Indian travel segment.

• Product Portfolio: Uber App (for trips), Uber Eats, Uber Freight, Uber for Business.
• Work Culture & Average Salary: Fast-paced, high-impact, data-driven, and challenging, SDE roles average ₹20-40 LPA, Data Scientist roles average ₹25-45 LPA

16. Ola

• Founded In: 2010
• Founders: Bhavish Aggarwal, Ankit Bhati
• Team Size: Over 3,500 employees in India.
• HQ: Bengaluru, India
• Website: olacabs.com/careers

Ola is a top player in the Indian ride-hailing and electric vehicle space. In 2025, the company’s product strategy is heavily focused on its electric vehicle business, Ola Electric. The firm will unveil its “India Inside” vision during its “Sankalp” event later this year, detailing its future product and technology roadmap.

The fact that the event is being held at India’s first lithium-ion cell manufacturing facility reflects Ola’s commitment towards developing indigenous EV technology and products. While the company’s ride-hailing business continues to be its principal product, its investments and prospective focus are clearly on becoming a leading player in India’s electric mobility space. By stepping into large-scale production, Ola is also positioning itself among the prominent manufacturing companies driving innovation in the EV sector.

• Product Portfolio: Ola Cabs, Ola Electric (scooters, motorcycles), Ola Financial Services.
• Work Culture & Average Salary: Fast-paced, aggressive, problem-solving, and entrepreneurial, SDE roles average ₹12-25 LPA, Data Scientist roles average ₹15-28 LPA

17. Zoho Corporation

• Founded In: 1996
• Founders: Sridhar Vembu
• Team Size: Approx 17,000 employees
• HQ: Chennai, India
• Website: https://www.zohocorp.com/

Bootstrapped tech pioneer Zoho achieved INR 9,160 crore revenue in the FY ended March 31, 2023, and continued growth with a goal to develop an integrated suite of cloud business software. The firm boasts an excellent reputation for heavy investment in R&D and brought out its own in-house LLM in recent times to lead its AI products in Zoho CRM. It also keeps expanding with new office locations and products based on improved user experience and workflow.

• Product Portfolio: Zoho Suite (CRM, Mail, Creator, Finance), Zoho Desk, Zoho Projects, Zoho One.
• Work Culture & Average Salary: Open, collaborative, innovative, people-first. SDE positions average ₹20-35 LPA, Product Manager positions average ₹28-40 LPA.

18. Freshworks

• Founded In: 2010
• Founders: Girish Mathrubootham, Shan Krishnasamy
• Team Size: 6,500+ employees
• HQ: Chennai, India
• Website: https://www.freshworks.com/

Freshworks, one of the globe’s top customer and employee engagement software companies, delivered a robust Q2 2025 with revenue growing 18% year over year to $204.7 million, with full-year revenue between $822.9 million and $828.9 million. The profitability of the company has experienced stupendous improvements, with the non-GAAP income from operations more than tripling. Freshworks has an AI focus, with its Freddy AI platform facilitating business transformation, and the company plans to introduce more agentic AI services based on around 40 foundation models.

• Product Portfolio: Freshdesk, Freshservice, Freshsales, Freshmarketer, Freshchat, Freddy AI.
• Work Culture & Average Salary: Open, team-oriented, innovative, employee-centric. SDE positions average ₹20-35 LPA, Product Manager positions average ₹28-40 LPA.

19. Razorpay

• Founded In: 2014
• Founders: Harshil Mathur, Shashank Kumar
• Team Size: Approx 2,000 employees
• HQ: Bengaluru, India
• Website: https://razorpay.com/

A fintech unicorn that has revolutionized India’s digital payments market, Razorpay is worth more than $7.5 billion, with its valuation further boosted by a recent $490 million Series G funding in 2025. The company processed $210 billion of total payment volume up to 2025, registering 40% year-over-year growth, and now holds more than 55% of the market share in India’s online payment gateway market. Razorpay is adding to its portfolio through strategic acquisitions, like a majority holding in consumer payments platform POP for $30 million.

• Product Portfolio: Payment Gateway, Payment Links, Corporate Credit Card, RazorpayX (Current Accounts).
• Work Culture & Average Salary: Collaborative, open, innovative, and employee-first. SDE jobs average ₹20-35 LPA, Product Manager jobs average ₹28-40 LPA.

20. HCLTech (Software Products)

• Founded In: 1976
• Founders: Shiv Nadar
• Team Size: 225,000+ employees worldwide
• HQ: Noida, India
• Website: https://www.hcltech.com/

HCLTech, a top global technology services company, reported robust Q1 FY26 year-on-year revenue growth of 3.7%, with consolidated revenues in excess of $14 billion for the quarter ending June 2025. One of the company’s growth drivers is the business unit of software products and platforms, and its Annual Recurring Revenue (ARR) is $1.06 billion. HCLTech is AI-oriented, with recent partnerships with OpenAI for driving enterprise-class AI adoption and Pearson for co-partnership on AI-powered learning solutions.

• Product Portfolio: HCL Software offerings such as AppScan, BigFix, Domino, Unica, and HCL Commerce.
• Work Culture & Average Salary: Open, collaborative, innovative, and people-centric. SDE positions average ₹20-35 LPA, Product Manager positions average ₹28-40 LPA.

How Product Culture Differs from Service-Based Culture

The primary distinction between service and product companies is in their model of business, which in turn decides the culture at work. Here is primarily how product based companies culture differs from service-based ones:

• Ownership and Control: Product based companies in India offer a greater ownership factor because you are directly contributing to a core product’s success.
• Depth vs Breadth of Expertise: Product businesses foster more profound knowledge in a single area, but service businesses favor more breadth and a general set of skills to serve varied client requirements.
• Innovation vs. Client Delivery: Product culture thrives and endures on ongoing innovation and feedback from customers, whereas service culture exists mainly to satisfy client specifications and timelines.
• Compensation and Benefits: Indian product based companies tend to provide bigger paychecks, stock options, and improved benefits for the best talent attraction.
• Long-term Vision vs. Project Work: Product company work has a long-term product roadmap, while service-based work is determined by the scope and time of each project.

Tips to Get Hired in Indian Product-Based Companies

Getting a job at a top product company in India can be tough, but it’s doable with the right plan and preparation. Here are some tips to nail your interview:

• Master Data Structures and Algorithms: This is the backbone of almost every technical interview. Practice solving problems on websites like LeetCode, HackerRank, and GeeksforGeeks.
• Build a Strong Portfolio: Show your skills with personal projects, open-source contributions, or a solid GitHub account in order to stand out from the crowd.
• Advance System Design Knowledge: For senior candidates, system design is a critical round. Master’s in designing large-scale distributed systems.
• Network and Request Referrals: Network with employees on LinkedIn and give a referral a try. This can work magic to get you an interview call.
• Highlight Your “Product Sense”: In interviews, prepare to explain your concept of the product and its customers. Ask good questions and demonstrate that you are able to think beyond code.

Final Thoughts

The Indian tech ecosystem stands in an interesting place, where Indian product companies are the innovation drivers and are building a new career growth model. It is vast and there is a real effect. The transition from service to a product model is an indicator of a mature industry where building high-quality, scalable products is the key to success. For young people and seasoned professionals, learning about this scenario and getting into one of these leading product based companies in India is a guaranteed path to give a successful career a boost.

FAQs

What is the primary difference between a service company and a product company?

A product company develops its own product for a mass market with innovation, and in the long term. A service company offers customized solutions to customers depending on project implementation and customer needs.

Is there better compensation in product companies?

Yes, in general. Product firms provide better pay, such as increased salaries, stock options, and bonuses, because of higher margins and competition for the best brains to get into R&D.

How do I prepare for a technical interview at a product-based company?

Focus on learning data structures and algorithms (DSA) concepts, coding on platforms such as LeetCode, and learning system design fundamentals. A robust project portfolio to demonstrate hands-on ability is also critical.

What is a system design interview, and why is it important?

A system design interview examines your ability to design large, reliable, and scalable software systems from scratch. It is essential for mid to senior roles to evaluate your architecture thinking and problem-solving skills for large applications.