Top 20 Market Research Companies in India (2026): Who to Hire & Why

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Introduction: Why Market Research in India Matters More Than Ever

In 2026, India is no longer a “growth market” on the horizon. It is the market. Rapid digital adoption, regional diversity, platform-native consumers, and exploding category competition mean that intuition and surface-level data simply do not scale.

The organisations winning in India are the ones that listen deeply and continuously to customers across cities, languages, income levels, and digital maturity. Over the past decade working across startups, enterprises, and public-sector projects, I’ve seen one consistent truth: the right research partner can dramatically reduce risk and accelerate confident decision-making.

This updated guide covers 20 market research companies in India for 2026. Usercall is fourth. The other firms on the list are trusted by global brands, Indian unicorns, NGOs, and government bodies to decode Indian consumer behaviour with rigor and cultural fluency.

Interviews in Hindi and other Indian languages

Run the consumer interviews yourself. AI-moderated interviews come back as themes with the quotes attached. From $89 a month.

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Usercall runs AI-moderated voice interviews in Hindi, Tamil, Marathi, Kannada and Urdu, plus Indian English. You write the guide once. Each person answers out loud in their own language, on their phone. You get the transcripts and findings back in English, with every quote linked to the person who said it.

This helps when English-only research would miss most of the people you need, like shoppers outside the big cities.

We can recruit participants in India for you, or you can bring your own. Plans start at $89 a month, and every plan includes every language. See all languages

AI Market Research in India: Speed, Scale, and Regional Reach

Before diving into agencies, it’s important to call out a major shift in 2026: AI-powered market research.

Traditional research firms remain essential for deep, bespoke studies. But AI tools are now filling a critical gap between large projects by enabling faster, always-on learning.

Where AI market research shines in India

  • Run interviews asynchronously across regions and languages
  • Avoid scheduling and fieldwork bottlenecks
  • Instantly transcribe and theme qualitative feedback
  • Detect patterns across hundreds of responses in days, not weeks

UserCall: AI-Native Qualitative Research at Scale

UserCall enables teams to run AI-moderated voice interviews across India and automatically synthesize responses into themes, sentiment, and insight summaries.

Indian teams use UserCall to:

  • Test concepts and messaging quickly across regions
  • Capture voice-of-customer feedback between agency-led studies
  • Scale qualitative insight without scaling headcount

In practice, many teams now combine traditional Indian research firms for strategic depth with AI tools like UserCall for speed and continuity.

Top 20 Market Research Companies in India (2026)

1. IMRB (Now part of Kantar)

Specialties: Brand tracking, media research, retail audit
A legendary name in Indian MR, IMRB has helped shape the industry. Their historical data and urban + rural panels are invaluable for long-term brand studies. One of our FMCG projects benefited from their trend benchmarking going back 10+ years.

2. Nielsen India

Specialties: Audience measurement, retail audits, consumer behavior
Nielsen’s unmatched coverage of India’s retail ecosystem makes them a go-to for CPG brands. Their data helps businesses understand both urban Kirana store behavior and e-commerce growth in real time. For more CPG and FMCG firms, see consumer goods market research companies.

3. Hansa Research

Specialties: CX research, media effectiveness, segmentation
Independent and agile, Hansa’s strength lies in multi-city coverage and strong analytical models. They handled a telecom churn study for one of our clients with over 10,000 interviews in just two weeks.

4. Usercall

Specialties: AI-moderated interviews across countries
Two ways to work with us: self-serve (you run the study in the app) or managed (we run the study for you, from setup to report). Usercall is a tech-led market research company. It runs AI-moderated interviews in 50+ languages. It recruits across our panel partners (95M+ people in 151 countries), or you bring your own participants. Transcripts and themes are coded automatically. Reports export. Self-serve pricing is from $89 a month or $899 a year, plus pay-as-you-go. Your first interview is free. Best for teams that need qualitative interviews across countries fast without a big agency budget.

5. RNB Research

Specialties: Emerging markets, qualitative, face-to-face fieldwork
Strong presence in Tier 2/3 cities and across Asia, Africa, and the Middle East. Ideal for brands wanting deep qualitative insights in diverse and often overlooked regions of India.

6. TNS India (Kantar)

Specialties: Communication testing, innovation research, brand health
Their ‘NeedScope’ and ‘ConversionModel’ tools provide robust frameworks for brand growth and ad testing.

7. Majestic MRSS

Specialties: Neuromarketing, UX, pharma research
Early adopters of eye-tracking, facial coding, and EEG studies. If you’re looking for deep UX or emotional response testing, these folks are trailblazers.

8. Ipsos India

Specialties: Opinion polling, brand tracking, behavioral science
Strong political polling and U&A (usage & attitude) studies. They helped one of our fintech clients understand financial literacy across five states with surprising results that reshaped onboarding UX.

9. Kantar Millward Brown

Specialties: Ad testing, brand equity, BrandZ rankings
Their pre/post ad test tools and global norms are trusted by marketing teams across sectors. Excellent for evaluating emotional resonance in communication.

10. Tata Strategic Management Group

Specialties: Market entry, strategic consulting, industrial research
A hybrid strategy + research firm. We’ve collaborated with them on a B2B go-to-market study—top-notch synthesis and actionable recommendations.

11. IDC India

Specialties: IT trends, digital transformation, enterprise research
If you're in SaaS, hardware, or telecom, IDC’s tech spending insights and market maps are incredibly valuable for GTM and roadmap planning.

12. Go4Customer Research

Specialties: CATI, CAWI, telephonic surveys
Combines BPO infrastructure with survey execution. Great option for cost-effective, large-sample phone surveys across regions and languages.

13. Global Vox Populi

Specialties: Full-service MR, multi-country projects, analytics
Works extensively with UN bodies, global brands, and think tanks. Capable of managing everything from scripting to advanced analytics.

14. Market Xcel

Specialties: Fieldwork, FMCG, real estate
Fast-growing and known for quick turnarounds with reliable quality. They saved a client project by recruiting and completing 1,200 face-to-face interviews across 8 cities in under a week.

15. Feedback Insights

Specialties: B2B, SaaS, concept testing
Based in Bangalore and great for tech firms. Helped one of our clients refine positioning for an industrial IoT product by uncovering user pain points in machinery maintenance.

16. Bare International India

Specialties: Mystery shopping, retail audits, CX scoring
They specialize in measuring real-world customer experience—from auto dealerships to hotel chains. If operations and service delivery matter, Bare is your pick.

17. Q&Q Research Insights

Specialties: Hybrid quant-qual, field operations, ethnography
Expert in blending quant and qual data, and their field teams are extremely dependable. Great for ethnographic and context-rich UX studies.

18. Markelytics Solutions

Specialties: Online panels, mobile & healthcare research
A digital-first firm known for mobile surveys and healthcare insights. Useful for remote concept tests, especially in post-COVID hybrid models. For more firms that focus on patients and clinicians, see healthcare market research companies.

19. Azendor Consulting

Specialties: Rural markets, GTM strategy, brand positioning
Focused on rural India and go-to-market challenges. Worked on a dairy product repositioning study with them—super nuanced cultural insight.

20. Sambodhi Research

Specialties: Impact evaluation, development sector
Ideal for NGOs, foundations, and CSR departments. Their mixed-methods impact assessments are rigorous and grounded in social science.

Comparison Table

# Company Specialization Website
1IMRB (Kantar)Brand tracking, media, retail panelskantar.com
2Nielsen IndiaRetail audits, audience measurementnielsen.com
3Hansa ResearchCX, brand strategy, media studieshansaresearch.com
4UsercallAI-moderated interviews, self-serve or managedusercall.co
5RNB ResearchB2B, CAPI, Tier 2/3 marketsrnbresearch.com
6TNS India (Kantar)Innovation & communication testingkantar.com
7Majestic MRSSNeuroscience, UX, healthcare researchmajesticmrss.com
8Ipsos IndiaPolls, brand tracking, behavioral scienceipsos.com
9Kantar Millward BrownAdvertising, brand equity, BrandZkantar.com
10Tata Strategic ManagementMarket entry, competitive intelligencetspl.co.in
11IDC IndiaIT, digital transformation researchidc.com
12Go4Customer ResearchCATI, CAWI, voice-based surveysgo4customer.com
13Global Vox PopuliEnd-to-end global research servicesglobalvoxpopuli.com
14Market XcelFieldwork, FMCG, quick-turn insightsmarket-xcel.com
15Feedback InsightsB2B, concept testing, SaaS insightsfeedbackinsights.com
16Bare International IndiaMystery shopping, CX auditsbareinternational.com
17Q&Q Research InsightsQuantitative and qualitative research, field opsqqri.com
18Markelytics SolutionsOnline panels, healthcare & mobile researchmarkelytics.com
19Azendor ConsultingGo-to-market strategy, rural market researchazendor.com
20Sambodhi ResearchImpact assessments, development researchsambodhi.co.in

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Choosing the Right Research Partner in India

When selecting a firm, anchor on the decision you need to make:

  • Regional nuance matters: ask about experience in your specific states or cities
  • Match method to question: face-to-face, CATI, qual depth, or AI-first speed
  • Pilot before scaling: test delivery quality in one region first

Many teams now run hybrid research stacks:

  • Agencies for deep, strategic studies
  • AI platforms like UserCall for fast iteration and continuous listening

Final Thought: India Is Many Markets, Not One

India’s diversity is its challenge and its opportunity. What resonates in Bengaluru may fail in Bhopal. The firms on this list succeed because they respect that complexity.

Choose the right market insights company that brings not just data, but cultural understanding, methodological rigor, and speed. Because in India, insight isn’t just an advantage. It’s survival.

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Want to see how India-based firms compare to the broader global landscape? Head to our Top 30 Market Research Companies in the USA for a side-by-side sense of what best-in-class looks like across markets. Or if you're ready to run lean, high-quality customer interviews without a full agency retainer, try Usercall and get synthesis-ready insights in hours, not weeks.

Run the consumer interviews yourself. AI-moderated interviews come back as themes with the quotes attached. From $89 a month.

Start free

Usercall for this: AI market research

Usercall at a glance

Usercall is a self-serve AI-moderated interview platform. An AI moderator runs one-to-one voice interviews with real people, and every theme links back to the quotes behind it.

  • Real people, AI moderator.

    Every participant is a real person. Only the interviewer is AI.

  • Recruit or bring your own.

    We can recruit participants for you, or you can bring your own. Recruiting reaches 95M+ people across our panel partners in 151 countries.

  • 50+ languages.

    Every plan includes every language.

  • Concept tests.

    15-30+ interviews, back in 48 to 72 hours.

Launch your interview or analysis in minutes. Start free now.