Top 7 Product Development Companies in India (2024)

Are you looking for an experienced team of experts to get custom software and tech products developed for your business? Then check this post for the best choices.

1. CONTUS Tech

The number one contender on this list is, of course, CONTUS Tech. This leading product development firm offers end-to-end solutions to brands, irrespective of their location. Given that they have offices in the USA and India.

With CONTUS Tech, the size and niche of the company don’t matter. Their years of expertise have made them capable of tackling even intricate projects easily. The best part is that their experts are at your aid from day one till the end. They even help strategize product development based on recent trends in your industry, allowing you to excel with success.

CONTUS Tech makes it possible for you to either create a complete product development team or hire off-shore developers from India. They cater their services to industries like:

• Healthcare
• Hospitality
• Medical devices
• Logistics
• FinTech
• Government
• eCommerce
• Retail and more!

2. eSparkBiz

eSparkBiz is a trusted IT outsourcing partner. It offers comprehensive solutions forl product development for businesses worldwide. They have over 12 years of industry experience and a track record of 90% client retention. So, stay assured of obtaining top-notch IT aid tailored to address the unique challenges and brand needs.

This notable firm is known for offering end-to-end solutions to scale agile development teams and streamline complex processes. Also, their dedicated software development teams comprise 370+ skilled professionals proficient in 40+ technologies. This further solidifies their commitment to seamless project delivery and enhanced software performance.

They cater to –

• Startups
• Enterprises
• Product firms
• IT staff agencies

eSparkBiz’s focus on innovation, customer satisfaction, and scalability makes them experts in navigating the digital landscape with ease and achieving sustainable growth for your firm!

3. Openxcell

This is yet another top product development company in India with an office in the USA. Openxcell offers a range of comprehensive services under one roof. With this firm at aid, businesses become capable to thrive and innovate in this digital landscape.

Their priority lies in confidentiality and security. So, stay assured of complete information safeguarding. Also, Openxcell excels in adapting to evolving business needs while ensuring top-notch quality in its software product development services. From ideation to product launch, their experts guide clients through every stage of the software product engineering process. Thus they systematically help to reduce costs and shorten development cycles.

With years of experience and a team of over 500 software engineers and technical staff, OpenXcell has successfully designed, developed, and deployed software products for over 1500 clients worldwide.

4. Persistent Systems

In both digital engineering and enterprise modernization, Persistent Systems stands out as a trusted partner. They offer the widest range of services under one roof to unlock business values and drive growth. With initiatives like Persistent.AI, Persistent iAURA, and the SASVA™ platform, they leverage the power of AI to deliver innovative solutions that meet rising customer expectations.

Their team imagines, engineers, modernizes, and manages digital solutions. And this is what allows them to streamline software engineering, reinvent applications and infrastructure, and optimize operations.

Persistent Systems cater their services to –

• Industrial sector
• Banking and financial services
• Software and hi-tech
• Telecom and media
• Healthcare and life sciences
• Consumer technology

With Persistent Systems’ software product engineering services at aid, you can turn your digital challenges into opportunities. Thus driving efficiency, growth, and resilience!

5. Infosys

Infosys serves as a strategic partner. It collaborates closely with customers to develop an intelligent product portfolio that is in sync with its software-defined access platform. This partnership creates intelligent access routing products for Telecom Central Offices and integrates intelligent access by adding BNG functionality to aggregation switches. Thus simplifying central office complexities.

They also take end-to-end product development ownership, covering requirements definition, architecture, design, implementation, and testing.

Additionally, Infosys manufactures a programmable and centralized lab. This is what helps them to facilitate flexible testing configurations and efficient resource utilization. This collaborative effort aims to –

• Reduce network operating costs
• Enhance network intelligence
• Improve subscriber experiences

Through automation and co-investment, Infosys accelerates product development cycles. Thus propelling clients into the tier-1 service provider league and disrupting the access network market.

6. LTI Mindtree

Mindtree is associated with the Larsen & Toubro Group and was established in 1999. It is headquartered in Bangalore, India. Since the group’s acquisition of a 61.08% stake in 2019, Mindtree has become a prominent multinational IT and consulting firm.

With its vision of “Born Digital,” Mindtree is committed to delivering tailored solutions developed using agile and collaborative methodologies throughout the digital value chain.

Their service portfolio includes,

• Data Analytics
• Testing
• Business Process Management
• Application Development and Maintenance
• Enterprise Application Services
• Digital Services
• Infrastructure Management Services
• Engineering R&D

When it comes to Product Engineering, Mindtree focuses on delivering technology products and services that meet evolving consumer demands and expectations. Their offerings include,

• Platform and Device Engineering
• Product Support and Operations
• R&D Lab Operations
• Product Quality Engineering.

Through these comprehensive services, Mindtree empowers businesses to navigate technological advancements and achieve their growth objectives.

7. Tech Mahindra

Of course, Tech Mahindra is on our list of product development companies in India. It is a well-known provider of digital transformation, business re-engineering, and consulting solutions. It offers all-inclusive New Product Development services tailored for the consumer packaged goods (CPG) and retail industries.

Recognizing the importance of staying relevant in today’s dynamic market, Tech Mahindra assists retailers and CPG manufacturers in developing personalized products that resonate with end consumers while ensuring efficient mass production.

With a focus on leveraging cutting-edge technologies such as IoT, AR, VR, MR, Artificial Intelligence, and Computer Vision, Tech Mahindra enables retailers and CPG companies to gain direct insights into consumer preferences. This insight-driven approach empowers organizations to develop products that are inspired by customer-oriented processes. Thus enhancing customer satisfaction and giving rise to business growth.

No matter how unique you think your business is, you will definitely find a competitor out there!

Yes, that is how saturated today’s market has become. So, expect that products and services you deal with may be offered by other brands, too. Hence, making your offerings unique and distinctive is key to overcoming the challenges awaiting ahead. The evolving marketing dynamics are now forcing every business to align themselves strategically to stay ahead of the curve.

This is where product development companies in India make a sleek entry! They enable businesses to utilize solutions tailored to their capabilities based on the assessments provided.

Now, without further ado, let’s dive in to obtain details about the best product development companies in India.