Capgemini India has 2.3 lakh employees, 55% of global workforce

Capgemini is betting big on its India powerhouse to drive growth for the French IT firm. The company has 2.3 lakh employees in India, accounting for nearly 55% of its global workforce of 4.2 lakh, making the country a key growth engine.

After Accenture, which employs about 3.5 lakh people in India out of 7.7 lakh globally. Capgemini has the second-largest employee base among multinational IT firms in the country. In eight years, Capgemini more than doubled its India headcount, crossing the 2-lakh employee mark. Under Ashwin Yardi, former Capgemini India CEO and now non-executive chairman of the Board in India, the firm expanded its workforce from 105,500 to nearly 180,000.

Capgemini’s $3.3 billion acquisition of WNS last year added not just clients but scale—over 44,000 of WNS’ 65,000 employees are based in India, taking the overall tally to about 2.3 lakh. According to the Capgemini Technology Services India report, during FY2024–25 the company reported revenue and other income of Rs 30,090 crore, compared with Rs 28,727 crore in the previous year, reflecting growth of 4.7%.

Profit stood at Rs 3,709 crore, up from Rs 3,239 crore a year earlier.

Phil Fersht, CEO of HfS Research, said Capgemini’s India footprint highlights how central the country has become to multinational IT firms’ global operating models. “This is no longer just about cost arbitrage. India is now the primary delivery engine for digital, engineering, cloud, and increasingly AI-led work. Having over half of its global workforce in India gives Capgemini scale, talent depth, and flexibility that are hard to replicate elsewhere.

” In an interview with TOI last year, Capgemini CEO Aiman Ezzat said India is integral to its operations—from innovation and product development to industry expertise—and continues to grow in importance. On hiring, he said the firm planned to add over 45,000 people in the last financial year, with roughly 40% being freshers. “Despite productivity gains from automation, we see a growing demand for technology continues to require more talent,” he added.

When TOI asked whether firms are seeing real impact from AI yet, he said the benefits are visible but largely confined to specific projects rather than at scale. “You might see 30% productivity gains in a small team, but replicating that across the enterprise takes time because each use case requires validation, testing, and approval,” he noted. On whether AI adoption will suddenly accelerate, he said it is expected to be incremental as AI touches every function and business process.

“However, areas such as customer service and marketing are witnessing faster uptake since they require fewer structural changes.” Fersht added that this level of concentration raises strategic questions. “Firms with such heavy India exposure need to continuously move up the value chain to protect margins, manage talent churn, and reduce overdependence on effort-based delivery. The winners will use India not just for volume, but as a platform for higher-value transformation, engineering, and AI execution,” he said.