Surat is known for its textile manufacturers and fabric retailers, but new tech companies are emerging within the city that are impacting the local economy. Supported by the Software Technology Parks of India, or STPI, investment dollars are flowing into machine learning, software and other tech initiatives bolstering Surat’s tech presence. Below are some of the top companies to know.
Top Companies in Surat to Know
- XYXX Apparels
- Vijya Fintech
- DhiWise
- Evify
- Aureate Labs
- CanvaLoop
- Video SDK
- DailyPe
Top Companies in Surat
Logistics company DP World offers supply chain solutions, maritime services and port terminal operations, including managing the largest seaport in the Middle East. The Dubai-based company signed a memorandum of understanding in 2024 to develop $3 billion of logistics infrastructure in Surat and the Gujarat state, where it already maintains several facilities.
Indian multinational manufacturing and technology company Larsen & Toubro builds factories, ships and civil infrastructure. It also provides technology solutions like engineering systems, sensors and platforms. Larsen & Toubro’s Surat location is a multi-facility campus that manufactures extra large and heavy equipment, particularly for use in the energy industry.
Global infrastructure consulting firm AECOM supports projects throughout the lifecycle with planning, design, engineering and construction management services. In Surat, AECOM has been involved with the city’s metro improvements, a $1.62 billion, two-line rail project of more than 40 kilometers. AECOM employs nearly 53,000 people around the world.
HDFC Bank is India’s largest private sector bank. It offers a wide variety of financial products, including retail banking, wholesale banking, digital banking and wealth management services. HDFC maintains nearly 9,000 branches and more than 21,000 ATMs across India. It employs more than 180,000 people.
XYXX Apparels is an e-commerce platform for men’s clothing. The company specializes in premium garments made from natural fibers and sells everything from t-shirts to innerwear and pants. A unique feature on its site enables customers to create clothing packs at varying price points and discounts.
Aureate Labs is an e-commerce agency that specializes in building shopping platforms. Its custom storefronts integrate with e-commerce services like Shopify. Additionally, Aureate Labs helps clients attract and retain shoppers through its performance optimization and marketing solutions.
ELaunch Solution is a software development company providing desktop and mobile app development, custom software development, ERP applications and cloud solutions. The company focuses on blockchain and e-commerce technologies. ELaunch Solution was founded in 2009 and is based in Surat.
Vodafone Idea is India’s leading telecom service provider, providing voice and data services to more than 217 million subscribers. The company provides network connectivity at the Surat Diamond Bourse, the world’s largest diamond business center. Vodafone Idea is based in Mumbai and employs more than 10,000 people.
DhiWise developed a code editor to boost productivity and is used by engineers at top companies like Wix and Flipkart. A code editor enables software developers to write code for web and mobile apps, but DhiWise has the added advantage of AI integrations. Those integrations can analyze and assist with coding tasks.
InsideFPV develops drone systems and runs a DTC marketplace for its products. Besides manufacturing full drone systems, it also develops modular products where customers can choose parts like batteries and motors to assemble bespoke drones.
DailyPe is a fintech platform and a previous Y Combinator startup. The company provides loans to small businesses and also aids in repayment through innovative features. DailyPe enables businesses to pay small amounts of their loans daily, which the company says is more beneficial for business owners.
Vijya Fintech’s platform is changing how financial analysts interact with clients and other brokers. Through modular APIs, Vijya connects various investment and financial platforms into a singular point of contact. By condensing a multitude of platforms into one, financial analysts can better serve their clients and execute trades without moving from one site to another.
Software company WeeTech Solution designs web pages and mobile apps, provides e-commerce development, web development and quality assurance services. Headquartered in Surat, the company works with clients around the world across more than 20 different industries. WeeTech Solution employs more than 150 people.
Narola Infotech is a global IT consulting firm. It provides custom web and mobile app development, backend development and enterprise services. Narola Infotech’s clients include Fortune 500 companies like Infosys, Biocon and CGI. The company is headquartered in the United States, with a second location in Surat.
Xcellence IT provides IT solutions, consulting and outsourcing services, including web design and development, SEO optimization, e-commerce services and multimedia solutions. Founded in 2008, the company has worked with hundreds of businesses of all sizes. Xcellence IT’s offices are located on Ring Road in Surat.
Vyapar is a fintech company that provides accounting and invoicing software for small and medium-sized businesses. Its platform includes features like instant inventory checks, a payment recovery system and stock detail reports. Based in Bengaluru, Vyapar has several Indian locations, including Surat. It employs nearly 800 people.
Triveni Global Software Services builds digital products and solutions, including custom software, mobile apps and e-commerce apps. Founded in 2010, the company works with clients of varying sizes across many different industries.Triveni is based in Surat and serves clients around the world.
Video SDK provides video infrastructure that enables streaming and real-time communication. Its tech solutions are bundled in cloud-based APIs and SDKs. They are used by clients in healthcare, education and human resources, among other industries, as they provide teleconferencing and live transcription services.
ICICI Bank offers financial services to individuals as well as small, medium and enterprise businesses. Its mobile app, iMobile Pay, provides more than 250 services including bill pay, ticket bookings and fund transfers. ICICI Bank is headquartered in Mumbai, with a network of more than 6,000 branches across India.
Evify is a logistics company that provides green delivery services. With a sizable fleet of EV scooters, it services e-commerce companies with last-mile deliveries. It aims to build a green logistics ecosystem comprising delivery vehicles, charging stations and green warehouses. Despite launching in 2021, Evify already works with some e-commerce giants like Flipkart and Zomato.
Indian software company Casepoint aims to transform data into actionable intelligence. Its cloud-based platform, which uses military-grade security certifications, helps corporations, law firms and government entities manage their data and processes securely. Casepoint is based in the United States and maintains a second location in Surat.
CanvaLoop is a sustainable textile manufacturing company. Using proprietary technology and methods, it converts agricultural waste into textile fibers for t-shirts, pillows, socks and other clothing articles. Its process enables hemp, flax seeds, banana stems and pineapple leaves to be upcycled into fibers and requires less crude oil than traditional textile manufacturing processes.
Waaree Energies makes solar panels and provides solar energy solutions. It is India’s largest manufacturer of solar panels, operating from a 12 gigawatt manufacturing facility. Founded in 2007, the company has delivered more than 6 gigawatts of solar modules in 20 different countries. Waaree Energies has over 380 locations across India, including a factory in Surat.
Navitas Solar is a renewable energy company that develops solar products and operates renewable energy projects. It has several decades of experience manufacturing multi-cell solar modules for rooftop systems and large-scale projects. Navitas Solar has also developed several solar parks that generate a collective 1.7 GW of energy.
Jio is India’s largest telecommunications company and the second-biggest mobile network operator in the world. It offers services from fiber optic connectivity to mobile devices, apps and business solutions. Jio’s LTE coverage reaches 99 percent of India’s population, and the company employs over 20,000 people. Its Surat service center is located in Al Mazz.
