Top 200 IT companies in India log revenue of $84 bn in FY'11

India's top 200 tech firms reported combined revenues of US$ 84 billion (Rs 384,250 crore) in FY '11 to grow at 25%, the highest rate of growth in last 4 years. According to the annual research findings on the Indian IT industry carried out by Dataquest, the top 5 Indian tech companies in FY '11 were TCS, Infosys, Wipro , HP and Cognizant The combined revenue of the Top 20 tech companies was US$ 54 billion (Rs 247,808 crore) in FY '11, an 8 percent increase from the previous year. The No. 6 slot went to the Indian subsidiary of the 100-year old global tech behemoth IBM while No. 7 and No. 8 slots went to HCL Technologies and hardware led HCL Infosystems . Mahindra Satyam, took the 17th slot - making a re-entry to the top twenty after two years. Revenues of the next 30 companies (Ranks 21-50) grew at 29%, faster than those of the Top 20 companies. The top 200 IT companies in India included 129 Indian companies and 71 foreign companies who are active players in the Indian market. Coincidentally, the top company TCS with revenue of Rs. 33,112 crore was over 200 times the size of the two companies at the 200th rank - Aftek Limited and Datamatics Global Services - that posted revenue of Rs 155 crore each in FY '11. The survey took into account revenues of all tech companies from April 1, 2010 to March 31, 2011.