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Top 20 Best Research Companies In India 2023

India is home to a thriving research industry, with numerous companies offering a range of research and development services in diverse sectors such as pharmaceuticals, biotechnology, engineering, agriculture, and more. With a highly skilled workforce, cutting-edge technology, and a conducive regulatory environment, India has emerged as a preferred destination for research and development activities for both domestic and international companies.

In 2023, the Indian research industry continues to grow, driven by the country’s rapid economic development and its focus on innovation and technology. The industry has evolved significantly over the years, with a greater emphasis on collaboration, multi-disciplinary approaches, and the application of advanced tools and techniques.

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1. tata consultancy services (tcs) .

TCS was founded in 1968 and has since become a pioneer in the Indian IT industry. It is known for its expertise in a wide range of areas, including application development, digital services, consulting, infrastructure management , and engineering services.

TCS has a strong focus on innovation, investing heavily in research and development to stay ahead of the curve. The company has a number of specialized research labs, including the TCS Research and Innovation Lab in Bengaluru, which focuses on cutting-edge technologies like AI, robotics, and blockchain.

2. Infosys Limited

Infosys Limited is an Indian multinational IT service and consulting company headquartered in Bangalore, Karnataka, India. It was founded in 1981 by a group of engineers, including N.R. Narayana Murthy.

Infosys offers a wide range of services, including software development, maintenance, and consulting, as well as infrastructure management, engineering services, and business process outsourcing. The company has a strong focus on digital transformation and has developed expertise in areas like cloud computing, artificial intelligence, and automation.

Infosys has a diverse client base across industries such as banking and financial services, healthcare, retail, and manufacturing. 

3. Wipro Limited

Wipro Limited is an Indian multinational corporation that offers IT services, consulting, and business process services. The company is headquartered in Bengaluru, Karnataka, India, and was founded in 1945 by M.H. Hasham Premji as Western India Vegetable Products Limited. It later diversified into the IT services industry in the 1990s.

Wipro offers a wide range of services including digital strategy, business consulting, application development, and infrastructure management, as well as engineering and research and development services. The company has a workforce of over 200,000 employees, with a significant portion of its employees located outside of India.

4. HCL Technologies Limited

HCL Technologies Limited is an Indian multinational IT service and consulting company headquartered in Noida, Uttar Pradesh, India. The company was founded in 1976 by Shiv Nadar and has since become one of the leading IT services companies in India.

HCL offers a wide range of services including software development, engineering and research and development, infrastructure management, and digital process operations. 

HCL has a global presence with operations in over 50 countries, serving clients across various industries including banking and financial services, healthcare, energy, and manufacturing. The company has a workforce of over 180,000 employees, with a significant portion of its employees located outside of India.

5. Tech Mahindra Limited

Tech Mahindra Limited is an Indian multinational IT service and consulting company headquartered in Pune, Maharashtra, India. The company was founded in 1986 as a joint venture between Mahindra & Mahindra and British Telecom.

Tech Mahindra offers a wide range of services including software development, infrastructure management, consulting, and engineering services. 

Tech Mahindra has a global presence with operations in over 90 countries, serving clients across various industries including banking and financial services, healthcare, energy, and manufacturing . The company has a workforce of over 139,000 employees, with a significant portion of its employees located outside of India.

6. Cognizant Technology Solutions Corporation

Cognizant Technology Solutions Corporation is a multinational IT services and consulting company headquartered in Teaneck, New Jersey, USA, with a strong presence in India. The company was founded in 1994 as a technology development arm of Dun & Bradstreet and has since become a leading player in the IT services industry.

Cognizant offers a wide range of services including digital strategy, business consulting, application development, and infrastructure management, as well as engineering and research and development services. 

Cognizant has a global presence with operations in over 40 countries, serving clients across various industries including banking and financial services, healthcare, energy, and manufacturing. The company has a workforce of over 300,000 employees, with a significant portion of its employees located in India.

7. Accenture Solutions Private Limited

Accenture Solutions Private Limited is a multinational IT services and consulting company headquartered in Dublin, Ireland, with a significant presence in India. The company was founded in 1989 as Andersen Consulting and has since become one of the largest consulting and technology services firms in the world.

Accenture offers a wide range of services including digital strategy, business consulting, application development, and infrastructure management, as well as engineering and research and development services. 

Accenture has a global presence with operations in over 120 countries, serving clients across various industries including banking and financial services, healthcare, energy, and manufacturing. The company has a workforce of over 570,000 employees, with a significant portion of its employees located in India.

8. Capgemini Technology Services India Limited

Capgemini Technology Services India Limited is an IT services and consulting company in Paris, France, with a significant presence in India. The company was founded in 1967 and has since become one of the largest consulting and technology services firms in the world.

Capgemini offers a wide range of services including digital strategy, business consulting, application development, and infrastructure management, as well as engineering and research and development services.

Capgemini has a global presence with operations in over 50 countries, serving clients across various industries including banking and financial services, healthcare, energy, and manufacturing. The company has a workforce of over 270,000 employees, with a significant portion of its employees located in India.

9. IBM India Private Limited

IBM India Private Limited is a subsidiary of IBM Corporation, a multinational technology company headquartered in Armonk, New York, USA. IBM offers a wide range of services including cloud computing, artificial intelligence, blockchain, and cybersecurity, as well as consulting and technology services. The company has a strong focus on innovation and has made significant investments in emerging technologies.

IBM has a global presence with operations in over 170 countries, serving clients across various industries including banking and financial services, healthcare, energy, and manufacturing. The company has a workforce of over 380,000 employees worldwide, with a significant portion of its employees located in India.

10. Larsen & Toubro Infotech Limited

Larsen & Toubro Infotech Limited (LTI) is a subsidiary of Larsen & Toubro, a leading engineering and construction conglomerate in India.

LTI offers a range of services, including application development and maintenance, infrastructure management, testing, analytics, and digital solutions. The company has a strong focus on innovation and has made significant investments in emerging technologies such as artificial intelligence, blockchain, and cloud computing.

LTI has a global presence with operations in over 30 countries, serving clients across various industries, including banking and financial services, insurance, healthcare, energy, and retail. The company has a workforce of over 35,000 employees, with a significant portion of its employees located in India.

11. Mindtree Limited

Mindtree Limited is a global information technology consulting and implementation company headquartered in Bengaluru, India. Mindtree was founded in 1999 by a group of ten IT professionals, and it has since grown to become a significant player in the IT industry.

One of the unique aspects of Mindtree is its focus on customer-centricity. The company places a strong emphasis on understanding the needs of its clients and delivering customized solutions that address their specific business challenges. Mindtree has a global presence with offices in several countries, and it serves clients in various industries, including banking and finance, healthcare, retail, and manufacturing.

In recent years, Mindtree has been recognized for its excellent performance in the IT industry. The company has won several awards, including the Best Innovation in Learning Award at the World HRD Congress, the Best Agile Transformation Award at the DevOps Industry Awards, and the Best CSR Practice Award at the National CSR Summit.

12. Mphasis Limited

Mphasis Limited is an Indian IT services company that provides application development, application maintenance, business process outsourcing, infrastructure management, and digital services.

One of the unique aspects of Mphasis is its focus on providing digital services that help clients transform their businesses. The company has developed several proprietary platforms that enable clients to leverage the power of automation, artificial intelligence, and machine learning. Mphasis serves clients in various industries, including banking and finance, healthcare, retail, and manufacturing.

In recent years, Mphasis has been recognized for its excellent performance in the IT industry. The company has won several awards, including the Best IT Company of the Year Award at the National IT Excellence Awards, the Best Digital Transformation Partner Award at the CIO Choice Awards, and the Best Software Testing Company Award at the Software Testing Awards.

13. Oracle Financial Services Software Limited:

Oracle Financial Services Software Limited is a subsidiary of Oracle Corporation that provides software solutions for the banking and financial services industry. The company gives a wide range of products and services, including core banking, digital banking, risk management, and compliance. Oracle Financial Services Software Limited was founded in 1990 and has since grown to become a significant player in the banking and financial services industry.

One of the unique aspects of Oracle Financial Services Software Limited is its focus on providing software solutions that help banks and financial institutions improve their efficiency and reduce costs. The company has developed several proprietary platforms that enable clients to streamline their operations, improve their risk management capabilities, and enhance their customer experience.

In recent years, Oracle Financial Services Software Limited has been recognized for its excellent performance in the banking and financial services industry. The company has won several awards, including the Best Core Banking System Award at the Asian Banker Awards, the Best Treasury Management System Award at the Global Finance Awards, and the Best Risk Management Solution Award at the Banking Technology Awards.

14. DXC Technology India Private Limited:

DXC Technology India Private Limited is a subsidiary of DXC Technology Company that provides IT consulting and implementation services. DXC Technology India Private Limited was founded in 2017 and has since grown to become a significant player in the IT industry.

One of the unique aspects of DXC Technology India Private Limited is its focus on providing end-to-end solutions that help clients transform their businesses. The company has developed several proprietary platforms that enable clients to leverage the power of automation, artificial intelligence, and

15. LTI – Larsen & Toubro Infotech:

LTI, or Larsen & Toubro Infotech, is a global technology consulting and digital solutions company based in Mumbai, India. The company gives a wide range of services, including digital transformation, data analytics, application development and maintenance, cloud computing, and enterprise integration. LTI was founded in 1997.

One of the unique aspects of LTI is its focus on innovation and digital transformation. The company has developed several proprietary platforms and solutions that help clients improve their efficiency, enhance their customer experience, and achieve their business objectives. LTI serves clients in various industries, including banking and finance, healthcare, retail, and manufacturing.

In recent years, LTI has been recognized for its excellent performance in the IT industry. The company has won several awards, including the Best Digital Transformation Partner Award at the CIO Choice Awards, the Best Use of Technology in Financial Services Award at the National Technology Awards, and the Best IT Employer Award at the World HRD Congress.

16. NTT Data Services India Private Limited:

NTT Data Services India Private Limited is a subsidiary of NTT Data Corporation, a global IT services company based in Japan. The company provides a wide range of services, including application development and maintenance, cloud computing, data analytics, and digital transformation. NTT Data Services India Private Limited was founded in 2006 and has since grown to become a significant player in the IT industry.

One of the unique aspects of NTT Data Services India Private Limited is its focus on providing end-to-end solutions that help clients achieve their business objectives. The company has developed several proprietary platforms and solutions that enable clients to leverage the power of automation, artificial intelligence, and machine learning. NTT Data Services India Private Limited serves clients in various industries, including healthcare, banking and finance, and manufacturing.

In recent years, NTT Data Services India Private Limited has been recognized for its excellent performance in the IT industry. The company has won several awards, including the Best IT Services Provider Award at the CIO Choice Awards, the Best in Corporate Social Responsibility Award at the World HRD Congress, and the Best IT Employer Award at the National HRD Network.

17. Persistent Systems Limited:

Persistent Systems Limited is an Indian IT services company that provides software product development, digital transformation, and data analytics services. 

One of the unique aspects of Persistent Systems Limited is its focus on software product development. The company has developed several proprietary software products that enable clients to improve their efficiency, enhance their customer experience, and achieve their business objectives. Persistent Systems Limited serves clients in various industries, including healthcare, banking and finance, and manufacturing.

In recent years, Persistent Systems Limited has been recognized for its excellent performance in the IT industry. The company has won several awards, including the Best IT Services Provider Award at the Indian Digital Awards, the Best IT Employer Award at the Dataquest IT Industry Awards, and the Best Software Product Award at the NASSCOM Engineering Summit.

18. Hexaware Technologies Limited:

Hexaware Technologies Limited is an Indian IT services company that provides application development and maintenance, digital transformation, and data analytics services. 

One of the unique aspects of Hexaware Technologies Limited is its focus on providing end-to-end solutions that help clients achieve their business objectives. The company has developed several proprietary platforms and solutions that enable clients to leverage the power of automation, artificial intelligence, and machine learning. Hexaware Technologies Limited serves clients in various industries, including banking and finance, healthcare, and retail.

In recent years, Hexaware Technologies Limited has been recognized for its excellent performance in the IT industry. The company has won several awards, including the Best IT Services Provider Award at the CIO Choice Awards, the Best Digital Transformation Partner Award at the Asia Pacific ICT Awards, and the Best IT Employer Award at the Asia Pacific HRM Congress.

19. Zensar Technologies Limited:

Zensar Technologies Limited is an Indian IT services company that provides digital transformation, application development and maintenance, and data analytics services. The company has a global presence with offices in several countries, including the United States, the United Kingdom, and India. Zensar Technologies Limited was founded in 1991 and has since grown to become a significant player in the IT industry.

One of the unique aspects of Zensar Technologies Limited is its focus on innovation and digital transformation. The company has developed several proprietary platforms and solutions that help clients improve their efficiency, enhance their customer experience, and achieve their business objectives. Zensar Technologies Limited serves clients in various industries, including healthcare, banking and finance, and manufacturing.

In recent years, Zensar Technologies Limited has been recognized for its excellent performance in the IT industry. The company has won several awards, including the Best IT Services Provider Award at the CIO Choice Awards, the Best IT Employer Award at the Asia Pacific HRM Congress, and the Best Digital Transformation Partner Award at the Frost & Sullivan India ICT Awards.

20. WNS Global Services Private Limited

WNS Global Services Private Limited is a leading business process management (BPM) company based in Mumbai, India. The company provides a wide range of services, including finance and accounting, customer care, procurement, legal and research, analytics and insights, and digital transformation. WNS was founded in 1996 and has since grown to become a significant player in the BPM industry.

One of the unique aspects of WNS is its focus on delivering value to its clients. The company has developed several proprietary platforms and solutions that help clients reduce their costs, improve their efficiency, and enhance their customer experience. WNS serves clients in various industries, including banking and finance, healthcare, travel and tourism, and retail.

In conclusion, the software and IT industry in India has been thriving and continues to grow at a rapid pace. The top 20 companies in this space have demonstrated exceptional skill and expertise in delivering innovative solutions to their clients, both locally and globally. Their focus on technological advancements and dedication to customer satisfaction has helped them establish a strong reputation in the industry.

The companies on this list offer a diverse range of services, including software development, IT consulting, cybersecurity, cloud computing, and more. With their exceptional talent and dedication, these companies have not only contributed to the growth of the Indian economy but have also made significant contributions to the global technology landscape.

As we move into 2023, these top 20 software and IT services companies in India are poised to continue their remarkable growth and deliver cutting-edge solutions to their clients. Their ability to adapt to changing technology trends and their focus on innovation and excellence make them leaders in the industry, and we can expect them to continue to make significant contributions in the years to come.

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Detailed Review of Top 10 Market Research Companies in India

Market research is an important part of the business strategy, providing organizations with an analysis of their customer segment and user preferences. The market research industry in India was estimated to be US$15 billion from 2017 to 2018 and has been growing since, driven by the rising inflow of information-driven strategic decision-making and the need for organizations to stay ahead of the competition.

In India, a few market research organizations offer a variety of services to firms across Industries. In this article, we will feature the Top 10 Market research companies in India, their specialization, prominent customers, and the approaches and techniques they use to direct research.

10. Velox Consultants

Top 10 market research organizations in india.

Some of the top market research organizations are discussed below:

1. Nielsen India

Nielsen India is a worldwide Market research organization that specializes in shopper experiences, media research, and promoting market viability. With head offices in many cities across the country, Nielsen India has worked with prominent clients like P&G, Unilever, and Nestle to provide market insights, brand assessment, and advertising efficiency.

2. Kantar IMRB

Kantar IMRB is a Market research organization that specializes in user research, social exploration, and media research. With head offices in many cities across the country, Kantar IMRB has worked with remarkable clients like Samsung, Google, and Coca-Cola to give new product improvement, brand strategy, and user fulfillment research services.

3. Ipsos India

Ipsos India is a worldwide Market research organization that works in promoting research, consumer loyalty examination, and general assessment research. With head offices in many cities across the country, Ipsos India has worked with prominent clients like Facebook, Sony, and McDonald’s to give them brand following, customer segmentation, and employee engagement research services.

4. TNS India

TNS India is a worldwide market research organization that specializes in product innovation, Communication Research, and user insights. With head offices in many cities across the country, TNS India has worked with prominent clients like Microsoft, BMW, and Vodafone to give brand positioning, consumer loyalty, and pricing techniques.

5. Frost and Sullivan India

Frost and Sullivan India is a market research organization that has practical experience in industry research, competitor analysis, and development counseling. With head offices in many cities across the country, Frost and Sullivan have worked with prominent clients like Accenture, Amazon, and Dell to give market expansion strategy and technical evaluation.

6. GfK India

GfK India is a worldwide market research organization that specializes in consumer behavior analysis, retail and tech research, and media estimation. With head offices in many cities across the country, GfK India has served prominent clients like LG, Samsung, and Sony to give market estimation, customer categorization, and brand tracking services.

7. Majestic MRSS

Majestic MRSS is a market research organization that specializes in healthcare research, customer acquisition, and business research. With head offices in many cities across the country, Majestic MRSS has worked with outstanding clients like Pfizer, Novartis, and GlaxoSmithKline to give market analysis, product testing, and consumer loyalty research.

8. Millward Brown

Millward Brown is a worldwide market research organization that has experience in brand planning, Social media research, and media effectiveness. With head offices in many cities across the country, Millward Brown has worked with prominent clients like Coca-Cola, Mastercard, and Johnson and Johnson to give brand following, marketing evaluation, and media planning services.

9. IDC India

IDC India is a market research organization that has experience in IT research consulting services and market analysis. With head offices in many cities across the country, IDC India has worked with prominent clients like IBM, Cisco, and Microsoft to give market measurement, competitive analysis, and trend research services.

Velox Consultants is a market research and marketing strategy consulting firm in Vadodara. The team provides services such as market research, marketing strategy, and branding solutions to clients from different industries. The experienced team uses a combination of research methodologies to gather data and provide valuable insights based on the data. 

Why Is Market Research Important?

Market research is important due to the following reasons:

1. Assists organizations with figuring out their consumers: Market research assists firms with acquiring knowledge about market trends, consumer behaviors, and preferences. By understanding what drives their consumer’s buying choices, firms can alter their services and products, which concludes in increased sales and brand recognition.

2. Provides Market Intelligence: Market research allows companies to distinguish market patterns like changes in customer behavior change in the market competition. By keeping a check on market patterns, organizations can adjust their techniques and remain in front of their rivals.

3. Data-driven business decision: Market research gives organizations information-driven experiences that can help make informed business decisions, like product improvement, price setting, and advertising techniques.

4. Decreases risk: By leading Market research, organizations can lessen the risk of failed product launches or market expansions. Market research gives important insights into the compatibility of a product or service, allowing businesses to make insightful choices about investing resources.

Procedures and Instruments Utilized by Market Research Organizations

Market research organizations utilize different procedures and instruments to lead research, contingent upon the nature and extent of the research project. 

1. Surveys: Surveys are one of the most well-known strategies utilized by Market research organizations to gather information. Surveys can be directed on the web, via telephone, or face-to-face and can go from basic yes/no inquiries to polls.

2. Focus groups: Focus groups are little gatherings that are united to examine a specific topic. Market research organizations use center gatherings to acquire experiences in customers’ mentalities and insights towards a product and service.

3. In-depth interviews: In-depth interviews are one-on-one interviews conducted with individuals to better understand their attitudes, opinions, and behavior.

4. Data analytics: Data analytics involves the use of statistical analysis and machine learning techniques to extract insights from large datasets. Market research companies use data analytics to identify patterns and trends in consumer behavior and preferences.

FAQs on Market Research Companies in India

Here are some frequently asked questions about market research companies in India.

What are the four different categories of market research?

Surveys, interviews, focus groups, and consumer observation are the four main forms of market research procedures.

What exactly is B2B market research?

B2B market research is the process of gathering data and insights about your sector. This information then assists you in determining what your target audience needs and desires. B2B market research may cover a wide range of topics, from brand perception to sales and marketing techniques.

What exactly is B2C market research?

Business-to-consumer market research is also known as B2C market research. This market study is aimed at non-business clients. Market research with grocery store consumers, moviegoers, hotel visitors, and others are simple instances of this.

Is market research a kind of R&D?

Market research is an important part of a company’s research and development (R&D) process. It assists businesses in determining the feasibility of a new product in development and determining how it will perform in the real world.

What are the four primary goals of market research?

The primary goals of market research include:

• Making sound commercial judgments.
• Obtaining investment money.
• Identifying new commercial prospects.
• Preventing business failures.

Market research is critical in assisting organizations in making data-driven choices and staying ahead of their competition. Businesses may produce goods and services that fit the demands of their consumers by acquiring insights into their wants and behaviors, resulting in enhanced customer satisfaction and loyalty.

The top ten market research firms in India provide a wide range of services and expertise and conduct research using a variety of approaches and technologies. Businesses may acquire vital insights into their target market and make educated decisions that can assist drive company success by partnering with one of these companies.

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25 Fastest Growing Market Research Companies in India

The market research industry in India has experienced significant growth in recent years, with several companies emerging as leaders in this space.

These companies provide critical insights and data to businesses across various industries, helping them make informed decisions and stay ahead of the competition.

The fastest-growing market research companies in India are characterized by their ability to offer cutting-edge research solutions and technology platforms that can help businesses gather and analyze data in real-time.

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The CEO Magazine's 25 Fastest Growing Market research Companies in India features companies that have a deep understanding of the local market and consumer trends, and are adept at providing customized solutions that meet the unique needs of their clients.

These companies use a range of research methodologies, including qualitative and quantitative research, ethnography , and data analytics, to provide insights into customer behavior, market trends , and competitive intelligence.

They have developed proprietary tools and techniques that enable them to gather and analyze data in a structured and systematic way, and to deliver actionable insights to their clients in a timely and cost-effective manner.

Market Research Companies: Catalysts of Business Intelligence and Innovation

In the dynamic landscape of India's business ecosystem, market research plays a pivotal role in shaping strategies, driving innovation, and fostering growth. As businesses navigate through an era of unprecedented change and competition, the demand for actionable insights and data-driven decision-making has never been greater. Amidst this backdrop, a cohort of market research companies is rapidly emerging as key players, propelling India's market research industry to new heights. Let's explore the ascent of these fastest-growing market research companies and the indispensable role they play in driving business intelligence and innovation.

Harnessing Data for Strategic Insights

At the heart of every successful business strategy lies comprehensive market intelligence. Fast-growing market research companies in India specialise in collecting, analysing, and interpreting data from diverse sources to provide clients with actionable insights into market trends, consumer behaviour, competitive landscapes, and emerging opportunities. By leveraging advanced analytics tools and methodologies, these companies empower businesses to make informed decisions, mitigate risks, and capitalise on market dynamics.

Customised Solutions for Diverse Industries:

Recognising that one size does not fit all, leading market research firms in India offer tailored solutions to meet the unique needs and challenges of various industries. Whether it's healthcare, retail, FMCG, technology, or automotive, these companies employ industry-specific expertise and domain knowledge to deliver bespoke research services, ranging from market sizing and segmentation to brand perception studies and product testing. By understanding the nuances of each sector, they provide clients with actionable insights that drive competitive advantage and fuel growth.

Embracing Technological Innovation

In an era characterised by rapid digitalisation and technological advancement, fast-growing market research companies in India are at the forefront of embracing innovative tools and technologies to enhance research methodologies and deliver more robust insights. From AI-powered predictive analytics and machine learning algorithms to online surveys and social media listening tools, these companies leverage cutting-edge technologies to gather real-time data, uncover hidden patterns, and forecast market trends with unprecedented accuracy.

Global Perspective, Local Expertise

With India emerging as a key player in the global economy, leading market research firms in the country offer clients a unique blend of global perspective and local expertise. Whether it's multinational corporations seeking to enter the Indian market or domestic players looking to expand internationally, these companies provide invaluable insights into cross-border market dynamics, regulatory landscapes, cultural nuances, and consumer preferences. By bridging the gap between global trends and local realities, they enable businesses to navigate complex market environments and unlock growth opportunities on a global scale.

Driving Innovation and Disruption

Beyond providing insights into existing market dynamics, fast-growing market research companies in India play a crucial role in driving innovation and disruption across industries. By anticipating future trends, identifying unmet needs, and uncovering emerging opportunities, these companies inspire businesses to innovate, develop new products and services, and stay ahead of the curve in an increasingly competitive marketplace. Whether it's pioneering new research methodologies or challenging conventional wisdom, they fuel a culture of innovation that drives sustainable growth and long-term success.

The rise of India's fastest-growing market research companies signifies a paradigm shift in the way businesses approach market intelligence and decision-making. By harnessing the power of data, embracing technological innovation, and leveraging global expertise, these companies empower businesses to navigate complex market landscapes, drive strategic growth, and remain agile in the face of uncertainty. As India continues to cement its position as a global economic powerhouse, the role of market research in driving business success will only become more pronounced, underscoring the indispensable contribution of these dynamic firms to India's growth story.

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Market Research Companies in India

Provided services.

• Quantitative research
• Qualitative research
• Online research
• CATI research
• Social media research

Seminal Research Pvt Ltd

Address: 122018 Gurgaon, India

Seminal Research, headquartered in Gurgaon, India is a full service company which supports end to end research across all verticals ...

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GreyCells Research Services Pvt Ltd

Address: 110029 New Delhi, India

At GreyCells, our highly collaborative and discovery driven approach to research helps deliver actionable insights that drive innovation and strategic planning on brands. Our team has diverse… ...

TNS India Private Ltd.

Address: 122001 Gurgaon, India

TNS India is one of the country’s leading and fastest growing customized market research group, offering clients a wide range of market research insights and solutions. TNS India offers a range of… ...

Orchidea Research & Technology

Address: 110005 Delhi, India

Orchidea Research is a market research recruiting and interviewing firm that specializes in consumer and business research studies. We work with facilities, research firms and end users to help find high quality research respondents for all their online data collection projects. ...

InQognito Insights

Address: 122002 Gurgaon, India

InQognito Insights is a full service specialized Qualitative boutique based out of India, known for our high quality standards and meaningful consumer insights. We understand the consumer, and stay relevant by our innovative methodologies to research and bring actionability for our clients. ...

Azure Knowledge Corporation

Address: 380015 Ahmedabad, India

Azure is one of the most respected and preferred partner for MR Data Collection/Fieldwork, Programming and Data Processing/Tabulation Services with over 3000 people across India, China and… ...

Indianet MS Pvt.Ltd.

Address: 400001 Mumbai, India

Indianet is an independent, full-service MR firm based in India. Established since 2003, head quartered in Mumbai. Through our network located across, we are able to conduct research reaching both… ...

Global Vox Populi

Address: 400064 Mumbai, India

Global Vox Populi (ISO 9001:2008 Certified Company and MRSI Member) is a leading Market Research, Analytics and Consulting firm, serving a number of corporations across the geographies. ...

Maction Consulting Private Limited

Address: 380009 Ahmedabad, India

Maction Consulting is a market research agency that provides quantitative & qualitative fieldwork, analytics, and end to end research to corporations and non-profits worldwide. ...

1Lotus Marketing Research Services

Address: 400080 Mumbai, India

1Lotus Marketing Research Services (1Lotus Research) is an independent market research fieldwork agency having foot prints in 30 odd countries across Asia + Middle East assisting several research companies, advisories, consulting firms, IT, telecom/technology and tourism companies. ...

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Top 100 Market Research Companies in India

• Market Research

The Best of July 2024

Looking for a top market research company in india.

Before you proceed with developing and marketing a new product or service, you need to make sure there is a viable market for success. The right market research company can help you with this process.  Read more +

To assist you in your search for a partner, we’ve compiled this list of the top market research agencies in India. Browse descriptions, feedback, and awards to find which can best suit your company’s needs.

List of the Best India Market Research Agencies

Featured provider

Service Excellence

Would Recommend

• Min. Project Size "> $25,000+
• Company Size "> 10 - 49 employees
• Location "> San Francisco, CA

Antedote is a strategic innovation and insight consultancy in San Francisco and London, United Kingdom. Founded in 2014, they have about 8 employees that serve enterprise and midmarket clients in a wide variety of industries. Services include business consulting and market research.

• Consumer products & services " >
• Financial services " >
• Medical " >
• Information technology " >

Future Market Insights

• Min. Project Size "> $5,000+
• Company Size "> 250 - 999 employees
• Location "> Pune, India

Future Market Insights is a midsize market research and business consulting company headquartered in Valley Cottage, New York. They specialize in market research and business consulting and were launched in 2014.

• Automotive " >
• Business services " >
• eCommerce " >
• Education " >
• Manufacturing " >

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Tell us about your project, and we'll match you with vetted companies that meet your requirements.

Go4customer

• Min. Project Size "> $1,000+
• Company Size "> 1,000 - 9,999 employees
• Location "> Noida, India

Go4Customer is a contact center outsourcing company that is based in Noida, India with other centers in Jaipur, Mumbai, Bengaluru, Chennai, Ahmedabad, and Bhopal, India, South Tiverton, UK, and Houston. Since 2004, their team of over 200 experts have been providing voice/call center services and BPO/back office services. Go4Customer works with different industries including information technology, financial services, and consumer products.

• Hospitality & leisure " >
• Telecommunications " >

9series Inc

• Min. Project Size "> $10,000+
• Company Size "> 50 - 249 employees
• Location "> Ahmedabad, India

9series Inc. is a technology solutions firm based in Ahmedabad, India, focusing on US and European clients. They have more than 100 employees and have been offering web development, mobile app development, and custom software development since 2007. They specialize in small and midmarket clients in the business services, IT, and education industries.

• Advertising & marketing " >

Velox Consultants

• Location "> Vadodara, India

Velox Consultants is a marketing strategy consulting and market research firm based in Vadodara, India, and founded in 2014. Their team of no more than 10 provides marketing strategy, market research, and branding solutions to clients across various industries.

• Pharmentials - Telehealth Platform
• Energy & natural resources " >

Master Infotech

• Location "> Greater Mohali, India

Master Infotech, a branding company, was launched in 2016. The midsize team specializes in branding, other digital marketing, web design, web development, and more. The company is based in Greater Mohali, India.

• Government " >
• Real estate " >
• Location "> Bengaluru, India

Clootrack is a market intelligence platform based in Aldie, Va., with offices in Bangalore and Kochi, India. The platform, founded in 2017, has a team of more than 30 that provides market research, marketing strategy, and branding services. Clootrack serves enterprise and midmarket companies in various industries that include advertising & marketing, consumer products & services, financial services, and e-commerce. 

• Lowe Lintas

TechSci Research LLC

TechSci Research LLC is a marketing firm founded in 2008 with over 50 employees. They provide business consulting, market research, and marketing strategy solutions from their office in New York. They work with both small and medium-sized companies.

Leadle Consulting

• Location "> Chennai, India

Email marketing company Leadle Consulting was established in 2016. The agency specializes in email marketing, business consulting, and social media marketing and has a small team. The agency is in Chennai, India.

theObservatory

• Company Size "> 2 - 9 employees

TheObservatory is a market research company founded in 2015. The small team offers market research. The firm is in Ahmedabad, India.

User Connect Consultancy

• Location "> Hyderabad, India

User Connect Consultancy is a small market research company in Hyderabad, India. They offer market research, business consulting, and ux/ui design and were launched in 2017.

RND Softech

• Location "> Coimbatore, India

Call center RND Softech is located in Coimbatore, India. The large team focuses on call center services, IT managed services, custom software development, back office outsourcing, and more and was established in 1999.

• Location "> Indore, India

Levitation, an advertising company, was founded in 2019. The firm provides advertising, search engine optimization, web development, pay per click, and more and has a small team. The firm is based in Noida, India.

• Government of UP

A&N Sales Services Pvt. Ltd.

• Location "> नवी मुंबई, India

A&N Sales Services Pvt. Ltd., a sales outsourcing company, was established in 2022. They are based in नवी मुंबई, India and have a small team. Their services include sales outsourcing, market research, and business consulting.

Statzy Market Research

• Location "> Navi Mumbai, India

Statzy Market Research, a market research company, is headquartered in Navi Mumbai, India. The small team offers market research and was founded in 2019.

Uniquesdata

• Min. Project Size "> $250,000+

SPER Market Research Pvt. Ltd.

Founded in 2015, SPER Market Research Pvt. Ltd. is located in Noida, India. With about 50 employees, they provide market research, marketing strategy, and business consulting services for enterprise, midmarket, and small business. They focus on business services, health care, medical, and consumer products and services industries.

Studio Pinak

Founded in 2020, Pinak Studios is a market research company. They are in Hyderabad, India and have a small team. Their services include market research, ux/ui design, and product design.

Pichkaari Design Studio

Pichkaari Design Studio, a small UX company, is headquartered in Bengaluru, India. They focus on ux/ui design, digital strategy, branding, market research, and more and were founded in 2013.

LiveHelpIndia

LiveHelpIndia is a back office outsourcing company founded in 2006. They are headquartered in San Jose, California and have a midsize team. Their services include back office outsourcing, customer service outsourcing, and sales outsourcing.

• Supply Chain, Logistics, and Transport " >

Kaizen Market Research And Consultancy

Not yet reviewed.

StatByte Marketing Solutions

StatByte Marketing Solutions is a marketing firm based in Navi Mumbai, India, and founded in 2019. Their team of over 10 offers voice services, back-office services, and market research solutions for various clients. They work with small and mid-market firms.

• Gridlines LLP

RenutechsolutionInc

• Min. Project Size "> $50,000+
• Location "> New Delhi, India

QDegrees Services

• Location "> Jaipur, India

Based in Jaipur, India; Mumbai, India; Bengaluru, India and دبي, United Arab Emirates, QDegrees Services is a midsize business consulting company. Founded in 2013, the team offers business consulting, market research, non-voice bpo/back office services, and voice services.

Aaditya International

Aaditya International is a business agency based in New Delhi with more than two experts. Since their founding in 2000, they have offered business consulting, market research, and commercial financing solutions for various clients.

• Kohler India

PruVisor Management Consulting Pvt. Ltd.

• Location "> Gurugram, India

PruVisor Management Consulting is a consulting firm based in Gurugram, India, and founded in 2017. With more than 10 members, they are experts in business consulting, market research, and marketing strategy solutions for clients in the field of business services.

• Springer India
• Arts, entertainment & music " >

Industrial Development Service pvt ltd

Searcheverythings.

Searcheverythings is a website development firm founded in 2011. They are based in Jaipur, India and have a small team. The firm focuses on web development, mobile app development, search engine optimization, web design, and more.

ORG Research Pvt. Ltd.

• Location "> Delhi, India

Founded in 2019, USP House is a commercial financing, funding, & investment company. The small Noida, India-based team focuses on commercial financing, funding, & investment, business consulting, market research, marketing strategy, and more.

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Research Organisations in India

• Updated on  
• Aug 12, 2022

Research has long been a critical component of any country. It is not limited to the medical or scientific areas. R&D plays an important part in improving a country’s capacity because it encourages new ways of manufacturing, reduces costs, and improves production efficiency. There are several research organisations in India that are famous for their research quality. Let’s check them out:

This Blog Includes:

1. indian space research organization (isro), 2. council of scientific and industrial research (csir), 3. defence research and development organization (drdo), 4. indian council of medical research (icmr), 5. bhabha atomic research centre (barc), 6. indian council of agricultural research (icar), 7. tata institute of fundamental research (tifr), 8. national innovation foundation (nif), 9. national research development corporation (nrdc), 10. national institute of biomedical genomics (nibmg).

Let us look at the ten research organisations in India that are empowering the country’s growth and paving the way for significant change in the immediate future.

• Indian Space Research Organisation (ISRO)
• Council of Scientific and Industrial Research (CSIR)
• Defence Research and Development Organization (DRDO)
• Indian Council of Medical Research (ICMR)
• Bhabha Atomic Research Centre (BARC)
• Indian Council of Agricultural Research (ICAR)
• Tata Institute of Fundamental Research (TIFR)
• National Innovation Foundation (NIF)
• National Research Development Corporation (NRDC)
•  National Institute of Biomedical Genomics (NIBMG)

Now, let’s read about them in detail:

Established in: 1960 Headquarter: Bangalore Chairperson: Dr. K Sivan

ISRO is one of the leading research organisations in India. The Indian Space Research Organization (ISRO) operates across a network of centres spread throughout the world. The Space Applications Centre in Ahmedabad is responsible for the creation of sensors and payloads. It operates a host of centres throughout the world, including the Vikram Sarabhai Space Centre (VSSC) in Thiruvananthapuram and the Laboratory for Electro Optic Systems (LEOS) in Bangalore, among others.

Field of research: Its research goal is to conduct research on space, remote sensing, vehicle launch facilities, and satellites.

Established in: 1942 Headquarter: New Delhi Chairperson: Mr. Narendra Modi

CDRI comes second when we talk about the best research organisations in India. It is presently the country’s biggest industrial R&D company. The CSIR is a modern R&D company known for its cutting-edge R&D knowledge base in various S&T fields. CSIR has a diverse network of 38 national laboratories, 39 outreach centres, 3 Innovation Complexes, and 5 units spread throughout India. 

Field of research: The CSIR’s R&D knowledge and experience are represented by approximately 4600 active scientists who are assisted by approximately 8000 research and technical staff. The company conducts research and development in a variety of scientific areas, including the atmosphere, aerospace, life sciences, petroleum, metallurgy, food, and chemicals. 

Established in: 1958 Headquarter: New Delhi Chairperson: Dr. G. Satheesh Reddy

The Defence Research and Development Organisation (DRDO) is India’s premier organisation for research and development of defence systems and military technologies, and no doubt is on our list of the best research organisations in India.  The Defence Research and Development Organization (DRDO) is the R&D wing of the Ministry of Defence, Government of India, with a goal to empower India with cutting-edge defence technology and a mission to achieve self-reliance in essential defence technologies and systems, while equipping our armed forces with state-of-the-art weapon systems and equipment in line with specifications set out by the three Services.

Field of research:  Aeronautics and avionics, electronic warfare, combat vehicle engineering, naval production, and missile systems are among these fields.

Established in: 1911 Headquarter: New Delhi| Chairperson: Prof. Balram Bhargava

The Indian Council of Medical Research (ICMR) is one of the strongest science and development organisations in India for supporting medical research. The association, headquartered in New Delhi, is in charge of supporting and managing scientific and medical research conducted in the country’s numerous medical institutions. 

Field of research: ICMR works on the various field such as Control and prevention of communicable diseases, fertility protection, maternal and child health, control of dietary conditions, development of new methods for health care delivery, and containment of environmental and occupational health hazards within safe limits, Significant noncommunicable diseases study, such as cancer, coronary disease, blindness, diabetes, and other metabolic and haematological disorders; mental wellbeing research; and drug research (including traditional remedies).

Established in: 1954 Headquarter: Mumbai Chairperson: Shri. Punit Goenka

BARC is undoubtedly on the list of the best research organisations in India. The primary mission of BARC is to maintain peaceful nuclear energy applications. It oversees all aspects of nuclear power generation, from reactor theoretical design to computer modeling and simulation, risk analysis, the manufacture and testing of new reactor fuel and materials, and so on. It also conducts studies on spent fuel recycling and radioactive waste storage.

Field of research: BARC conducts extensive and specialized research and development in nuclear chemistry, chemical engineering, material sciences and metallurgy, electronics instrumentation, biology and medicine, advanced computation, high-energy plasma physics, and related fields.

Established in: 1929 Headquarter: New Delhi Chairperson: Dr. Triloachan Mohapatra

The sixth spot of the Best research organisations in India has been filled by ICAR. ICAR is the main body in the country that directs, advises, and oversees agricultural research and education (which also includes horticulture, fisheries, and animal sciences). The nation has more than 100 ICAR institutes and 70 universities devoted to agriculture, making it one of the world’s largest agricultural systems. 

Filed of research: It has played a significant role in promoting excellence in agricultural higher education. It is involved in cutting-edge scientific and technological advancement, and its scientists are globally recognized in their fields.

Established in: 1945 Headquarter: Mumbai Chairperson: Mr. R.N.Tata

Homi J. Bhabha established the Mumbai-based Tata Institute of Fundamental Research (TIFR) in 1945 with funding from J.R.D. Tata. It is part of the Department of Atomic Energy and conducts experiments in astronomy, chemistry, biology, mathematics, computer science, and science education. As a university, the various areas of study are dispersed through various institutes. Its several laboratories are funded by cutting-edge technology, including a particle accelerator.

Field of research: TIFR mainly conducts research in the natural sciences, geometry, biological sciences, and theoretical computer science.

Established in: 2000 Headquarter: Ahmedabad Chairperson: Dr. P. S. Goel 

Moving forward, we have NIF on the list of the best research organisations in India. The National Innovation Foundation (NIF) was established in Gujarat in 2000 to provide institutional support for inspiring and sustaining grassroots inventions throughout the world. NIF has found and recorded over 310,000 cases of technical ideas, inventions, and practices to date. 

Field of research: NIF scouts, promotes, and spawns grassroots technologies created by individuals and local populations in every technical area, thus assisting human survival in the absence of institutional business assistance. It also makes an effort to ensure that such technologies spread broadly across commercial and/or non-commercial networks, creating material or non-material benefits for them and those interested in the supply chain.

Established in: 1953 Headquarter: New Delhi Chairperson: Sh. Sunil Kumar

The Department of Scientific and Industrial Research manages the National Research Development Corporation (NRDC) (DSIR). The Government of India founded it in 1953 to encourage, improve, and commercialize the technology, know-how, inventions, patents, and other innovations being produced in various institutions throughout the world. It works on national and international programs to promote science and technical progress.

Field of research: NRDC is recognised as a vast repository of a diverse variety of innovations spanning almost all fields, including agriculture and agro-processing, chemicals (including pesticides), drugs and pharmaceuticals, biotechnology, metallurgy, electronics and instrumentation, building materials, mechanical, electrical, and electronic systems, and so on.

Established in: 2009 Headquarter: Kolkata Director: Dr. Saumitra Das 

On the tenth position of the Best research organisations in India, we have the NIBMG. The National Institute of Biomedical Genomics (NIBMG), based in West Bengal, is India’s first academic institute devoted to genomic medicine research. In the last decade, the institute has performed some cutting-edge studies in the area of Biomedical Genomics. This involves the production of global record-breaking sequencing results in a single experiment in a brief period of time.

Field of research: The institute’s research goal is to use genomics and integrative biology to explain the molecular origin of disease, as well as to functionalize genomic leads.

In this blog, we discussed ten research organisations in India along with their field of research. We hope you found this blog useful. For more educational content and interesting quizzes, stay connected with Leverage Edu .

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