Yashil GargBlog Author
Yashil Garg - An Experienced Content Marketer with a demonstrated history of half a decade working in diverse industries such as information technology and web development, Edtech, BSFI and Marketing.
Having just graduated college, many of you, the freshers, feel the world is your oyster. It truly is the possibilities, and career openings available to you are endless. Undoubtedly, you'll be bombarded with a lot of information, and "product-based companies" is one such term, tossed around frequently.
However, what exactly is a product-based company, the scope they come with, and the different job roles they offer are not as frequently answered.
Thus, the following article aims to provide an in-depth take on product-based companies, what they do, and how they differ from service-based companies. We will also explore the list of top product-based companies in India – the top 25 which can shape your future in the best possible way.
So, let's begin!
A product-based company is a company that primarily manufactures products that may or may not be related to software. They hire heavily from the IT sector because they need IT tools to make their products more saleable.
A common question most freshers ask us is, 'What is the difference between product-based and service-based companies?'
The difference is simple: product-based companies manufacture/create and sell their products, whereas service-based industries help run a backup for these services.
Moreover, in the former, the learning curve is steep. The focus in these companies is on innovation and creativity to take their product forward. As a result, many people who apply to these companies take plenty of courses beforehand to have a holistic knowledge base that helps them innovate and apply their learnings to their professional environment easily. This is even more apparent when it comes to product-based IT companies.
Getting into product-based companies is a tough nut to crack. The competition is cut-throat, and only the most experienced/qualified students are hired. The best way to stand out from the crowd while applying to a product-based company is to ensure your resume is packed with skills. This can be anything from a preliminary Data Science course or Software Testing certification and If you are looking for a project manager position, then PMP certification, PRINCE2 certification or ITIL Certification will make you stand out from the crowd.
When it comes to service-based companies, there is an emphasis on reliability and consistency. The work is normally easy to understand and repetitive, which means that students who opt for such companies are gradually eased into work life. Examples of product and service-based companies include:
Most of the top product-based companies belong to the IT sector, and no one provides you with opportunities to grow and innovate quite like these companies. They extend an environment that encourages curiosity and gives the employees space to enhance their skills.
When you join a product-based software company like Google or Apple, you are at the forefront of innovation. The thing about jobs in such companies is that they are extremely rewarding. So, while they might be performance-oriented and high-pressure job roles, employees are well taken care of — mentally and financially.
Candidates that have a lot of professional certifications on their belt enjoy preference. The ideal candidate for the top product-based companies in the world are people with advanced knowledge and the potential to grow.
For product-based companies, quality is king. So, if you are a perfectionist, this is a highly suitable workplace for you. Moreover, the earning potential is much higher at a product-based company compared to a service-based company.
Another reason many people choose to join product-based companies is that all the prominent ones are MNCs. The opportunities available to those that work at these organizations are truly unparalleled. Once you get a foot in the door, you can choose to get promoted to different countries and the best part is that the company covers all the costs! Now, isn't that fantastic?
We’ve put together a list of the top 25 product-oriented companies in India. The top 5 are really no surprise. Let's find out which ones are.
One of the best product-based companies for freshers, Google offers an amazing work culture. Founded by Larry Page and Sergey Brin in 1998 in Menlo Park, its headquarters is located in Mountain View, California, and is called Googleplex.
In India, Google boasts seven offices located all over the country in Pune, Gurgaon, Hyderabad, Chennai, Kolkata, Bangalore and Mumbai.
Products offered by Google include Gmail, which ties to Google Drive. These are applications that are used for storage and communications. Google also provides a variety of different services like a search engine and basic productivity tools - Google Docs and Google Sheets.
SalesForce focuses on the tasks and issues related to customer management. It offers service cloud, commerce cloud, and community cloud services, to name a few.
The SalesForce offices in India are located in Hyderabad, Gurgaon, Mumbai, and Bangalore.
The story of how Apple was founded is truly a rags-to-riches story. Founded by Steve Jobs, Steve Wozniak, and Ronald Wayne in 1976, it is the world's largest information technology company and is constantly working on new ways to break the tech barrier.
Apple offers a whole range of different products based on its iOS operating system. The Apple HQ is located in Cupertino, California, based in the world-famous Apple Park.
Hewlett-Packard, or HP as it is more commonly called, is a leading name in the hardware world. The company was founded and incorporated in Palo Alto, California, and focused mainly on manufacturing hardware components.
These components are used by many industries like health, education, and IT, to name a few, on top of the consumer sector. The outlets of HP are located in Chennai, Kolkata, Bangalore, Lucknow, Gurgaon, and Mumbai, India.
HP is the perfect fit for those geared more toward the hardware side of IT.
Alongside Alphabet, Apple, Meta, and Microsoft, there is truly nothing else that is as prestigious as a job in Amazon. It is often referred to as one of the most influential economic and cultural forces globally and is a big part of everyday life for billions of people.
It was founded by Jeff Bezos in Bellevue, Washington, and is now headquartered in Seattle, Washington. What started as an online marketplace for selling books has quickly become one of the biggest companies in the world.
The services and products Amazon offers include Amazon Prime, Amazon Drive, Echo, Amazon Web Services, Kindle, etc. The office locations in India include Bangalore, Pune, Gurgaon, Chennai, and Mumbai.
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VMware was founded in 1998 and is the first company to commercialize x86 architecture successfully. It is a cloud computing and virtualization technology company based out of California. The offices in India are located in Chennai, Bangalore, and Pune.
Intel is home to the world's largest semiconductor chip producer unit and is the largest producer of microprocessors used in PCs. Not only this, but Intel also supplies microprocessors to the biggest computer manufacturers, such as Dell, Hp, and Lenovo.
Intel's top products include semiconductor chips, graphics chips, embedded processors, and motherboard chipsets. The offices in India are located in Bangalore, the Silicon Valley of India, and Hyderabad.
Bill Henry Gates and Paul Allen started Microsoft in 1975, a multinational corporation that produces computer software, consumer electronics and related services.
Microsoft's headquarters are in Redmond, Washington, in the United States. They currently employ around 8000 people in India. Bangalore, Chennai, Hyderabad, Ahmedabad, Kolkata, Mumbai, and Kochi are among the Indian cities with Microsoft offices.
Microsoft is a cutting-edge developer who comes up with new software and products all the time. Its more notable offerings include Microsoft Windows, Microsoft Office Suite, Edge Web Browsers, etc.
Intuit is focused on the financial aspects of a business venture. They offer software like TurboTax, a tax preparation app, and Mint, a personal finance app. This company is perfect for those with interests both in IT and finance. Intuit has one office in India, located in Bangalore.
Adobe Inc. initially called Adobe Systems Incorporated, is an American organization headquartered in San Jose, California.
Adobe is well-known for its application Adobe Photoshop. However, it also has other applications that are well-known in the design world. Name a few are animation, multimedia, and design applications.
Adobe has many locations in India, but the primary one is New Delhi.
Started in a small flat in Bangalore as an online bookselling platform, Flipkart rapidly grew and has slowly become India's answer to Amazon. It sells consumer electronics, groceries, home essentials, and other lifestyle products. The company is also venturing into UPI-based mobile payments through an app
Informatica is a company that focuses on Data Integration and Enterprise Cloud Management. It was founded by Gaurav Dhillon and Diaz Nesamoney in 1993. The offices are located in Bangalore, Hyderabad, and Mumbai in India. Some of the products Informatics is known for include Data Catalog, Information Data Quality, and Axon Data Governance.
Cisco was founded in 1984 by two Stanford University computer scientists and has grown to become an MNC tech conglomerate based out of San Juan, California. Cisco manufactures, develops, and sells routers, switches, and cybersecurity.
In 2021, it was ranked as one of the best companies to work for by Fortune based on an employee satisfaction survey carried out by the magazine.
Cisco has offices in India in Gurgaon, Kolkata, Hyderabad, Mumbai, Chennai, Bangalore, and Pune.
If you're looking forward to making a career in the Cisco cloud, pursuing a Cloud Computing course is ideal.
Who hasn't heard of McAfee when it comes to cybersecurity?
McAfee is one of the most established brands regarding internet security and malware protection. Its headquarters are located in Santa Clara, California, and it was established in 1987, about 35 years ago. The operation centers in India are located in Bangalore and Mumbai.
Undoubtedly, Uber completely revolutionized the transportation market when it came up with the novel idea of integrating local cabs into an app. As a result, it has over 93 million monthly active users today!
Office locations in India are Bangalore, Hyderabad, and Gurugram.
Facebook's founder Mark Zuckerberg has a famous motto, "Move fast and break things." This is the type of ideology you can expect from one of the top product-based companies in the world.
Facebook is the world's most-used social networking site. With the launch of Meta, we can only see the potential Facebook has to offer.
Facebook is headquartered in Menlo Park, California, and has about 2.8 billion active users presently.
Another product-based company example, PayPal, focuses on making online payments seamless and hassle-free. Its headquarters are in San Jose, California and its primary product is an online payment gateway called PayPal. The offices in India are located in Chennai, Hyderabad, and Bangalore.
Amdocs is a multinational corporation based out of Israel and is currently headquartered in Missouri. The company mainly focuses on servers for communication and software services.
Amdocs was recently recognized as a sustainability leader by the Carbon Disclosure Project, making the workplace well and truly ideal for the future.
They have many offices in India located in Mumbai, Gurgaon, and Pune. Telecommunications and customer relationship management fields are its specializations.
Netflix is one of the biggest subscription-based entertainment platforms in the world. It has a 22% share of the global market, which is leaps and bounds more than Amazon Prime, its closest competitor. Netflix was founded in 1997 and heralded the end of Blockbuster with its innovation and technology.
Netflix has taught the modern business world that you must adapt if you want to survive and thrive. Presently, it has one office in India, and that is situated in Mumbai.
BMC was founded in 1980 by three Shell employees, namely Scott Boulette, John J Moores, and Dan Cloer. This is also how BMC got its name.
The company offers software that allows companies to run thousands of batch jobs simultaneously and uses the data to simplify and optimize complex business operations.
BMC has grown rapidly since its incorporation in 1980, and now 84% of the companies on the Forbes Global 100 companies run their organization on its software. It is headquartered in Houston, Texas, and has two offices in India, located in Pune and Bangalore.
IBM is a product-based company and is also called International Business Machines Corporation. This company was introduced in the 1880s — a whole century before any of the other companies on this list and was one of the first product-based companies in India.
SAP, a common abbreviation of Systems, Applications, and Products in Data Processing, is a German MNC that is leading the industry with its award-winning ERP software. The company software delivers over 1.8 billion corporate-related text messages a day. Its offices in India are located in Bangalore, New Delhi, Mumbai and Kolkata.
23. Rockstar Games
Rockstar Games is the brain behind some of the most popular video games in the market. If it was your dream to grow up and work for a video game company, this is your chance.
Rockstar Games is responsible for developing and releasing Grand Theft Auto V, a product made by them which crossed $ 1 billion in sales in just three days!
The company is headquartered in New York City, USA but has multiple offices around the world. The offices in India are located in Whitefield, Bangalore.
24. Tejas Network
Tejas Network is the poster child for why people claim Bangalore as the Silicon Valley of India. Established back in 2000 in Bangalore, its products have grown to be used by consumers in over 75+ companies.
It is headquartered in Bangalore, Karnataka but also has 15 office locations around 11 countries to help keep up with its global demand. After all, it is one of the 10 top vendors in the global optical aggregation market.
Zoho Corporation Private Limited is another Indian company that is one of the best product-based companies in the world. It was established in 1996 by Sridhar Vembu and Tony Thomas and is currently headquartered in Chennai, Tamil Nadu.
The company makes and services software that focuses on web-based business tools. It has dual headquarters in India and the other in Pleasanton, California.
Everyone wants to join a company that will help them grow and nurture their skills and potential. The work culture in top product-based companies is truly unparalleled. They host multiple workshops every year that are focused on the overall development of their employees.
The above list underlines some of these world-renowned and product-based companies. Jobs here offer an environment that respects your contributions and paves the way for individual development.
However, these jobs are highly competitive, with less than 5% of people applying to these jobs getting hired. This is even harder than applying to a service-based company. Thus, the only way to stand out is to have relevant certification courses on your resume.
There are many product-based companies in India. Some of them include Adobe, Amazon, Microsoft, HP, Intel, and Facebook.
In terms of revenue and profit, Reliance Industries Limited remains the leading company in India (2021).
The richest company in India is Reliance, followed by Tata Consultancy Service.
As per the report by Fortune India - Bharti Airtel, Hindalco, and Infosys are the fastest-growing companies in India.
The above list provides in-depth insights into the leading product-based companies in India. You can refer to it as per your field of interest and explore further opportunities.
TCS is not a product-based company but a service-based company as it does not manufacture its own product but rather performs software requirements for other clients.