India accounts for 38% to 40% of the global outsourced Business Process Management (BPM) market, earlier referred to primarily as the Business Process Outsourcing (BPO) market. According to NASSCOM, revenue for the Indian BPM sector has reached $59 billion, driven by advanced analytics, artificial intelligence, and digital transformation services.
BPM is considered the bridge between information technology (IT) and business because of its focus on and control over complex IT processes. The IT-BPM sector contributes 8% to India’s GDP.
The largest BPM segment is finance and accounting. The growth of the analytics category leads to increased outsourcing for BPM in retail, shipping and logistics, and consulting and professional service categories. Another leading BPM category is customer interface services. The healthcare category is growing due to American demand created or accelerated by Obamacare. Other segments in which Indian companies are prominent include help desk and incident management, change management, infrastructure management, bug and issue tracking, IT procurement and requisitions, project planning and budgeting, and IT audit and compliance. Business process as a service utilizes cloud technology to improve BPO. Mobility, social media, complex-event processing, and analytics comprise intelligent BPM, which seeks to combine traditional methods with modern data to better understand customer expectations and patterns.
Domestic & Foreign Companies
India has the world’s largest number of IT-BPM firms, more than 16,000. 80% of the IT-BPM revenue comes from 135 large and mid-sized companies.
Top domestic BPM companies and their services include:
- Genpact Ltd. – finance and accounting, human resources, procurement, legal, media, and IT infrastructure
- Tata Consultancy Services Ltd. – finance and accounting, customer management, analytics, human resources, procurement, IT, cloud, and engineering
- Wipro – human resources, procurement, order management, knowledge processing, finance and accounting, technical and research/analytical services, and customer relationship management
- Infosys BPM – IT platforms, customer relationship management, finance and accounting, human resources, legal processing, sales, and procurement services
- Startek – finance and accounting, human resources, spend management, customer relationship management, and engineering
- WNS Global Services (P) Ltd. – customer relationship management, finance and accounting, legal, procurement, analytics, risk management, and transformation services
Top foreign BPM companies and their services include:
- Teleperformance (France) – contact center services, back office, finance and accounting, knowledge services, and counseling
- EXL Services (New York) – collections, transaction processing, finance and accounting, customer relationship management, and legal processing
- Accenture (Ireland) – procurement or human resources across strategy, digital, technology, and operations platforms
- Concentrix (California) – analytics, quality assurance and analytics, computer telephony integration, CCSI, knowledge management, and collections
- Sutherland Global Services (New York) – business transformation, knowledge services, front office, services, back office services, and technology-enabled services
BPO vs. BPM
Business process outsourcing (BPO) is a form of BPM. It is a cost-saving technique that involves contracting business tasks to a third party. Nasscom, an Indian IT-BPM non-profit organization, rebranded the BPO segment as BPM. BPM expands on BPO, involving the observation and rearrangement of a company’s systems. The main objective of BPM is to improve a company’s efficiency, which requires long-term evaluation and strategy. BPM also focuses on providing for consumers without relying on labor arbitrage. Unlike BPO, it is not limited to outsourcing.
Last updated: August 4th, 2026
