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Coforge and CEO Sudhir Singh take a big leap in a strained year for IT sector
Dear reader, as 2025, a year of global tumult and volatility, rolls by, Mint's reporters and columnists look around the corner on what is coming in 2026—to help you know what to expect and prepare for it. Tell us what you think at [email protected].Bengaluru: Even by outlier standards, Coforge Ltd has been on a tear in India's $283-billion information technology (IT) services industry.
It grew the fastest sequentially among the top 10 peers in the industry in calendar 2025, which helped it jump two places to the No.
7 spot by revenues. Its product delivery deal of $1.56 billion with Sabre was its biggest client win.
And, to top it off, last week, it announced Indian IT’s largest acquisition ever: a $2.35 billion purchase of California-based Encora.All this while the rest of the sector limped through a lacklustre year.Coforge—earlier known as NIIT Technologies—ended the September quarter with $462 million in revenue, up 4.5% sequentially. The company reported double-digit revenue growth over the last three years, at a time when its peers faced headwinds such as low demand, uncertain tax rules in its markets, and tightening visa mobility.
Its revenue jumped 31% last year in FY25 to $1.47 billion.A key factor driving this juggernaut is stability at the top, with Sudhir Singh heading the company since May 2017.Singh, who spent almost a decade at Bengaluru-based Infosys Ltd and then served as chief operating officer of IT services and capital markets at Genpact in July 2010, took over the reins of Coforge in May 2017. He is the longest-serving chief executive among the country’s largest IT services firms.During this time, the company's revenue grew more than four times, ending last year with $1.47 billion.
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