Are you a student who is dreaming of working for some big MNC? Or are you just a curious person who wants to know about MNCs, how they work, why they are important, and what are some of the top MNC companies in India? So now, in this article, we are going to discuss all these things.
The number of MNCs or multinational companies in India has increased significantly over the decades. Every job seeker dreams of joining these MNCs.
Reducing the gap between the newest technologies and equipment, high level of investment, utilising natural resources properly, and strengthening the economic structure are a few of the measure advantages of these foreign companies in India.
The main reason for the arrival of multinational companies in India is the globalisation, economic growth of the company, and the availability of the products’ potential market. So, India has become one of the best locations for many MNC to expand their business.
Now we are going to discuss the 10 top MNC companies in India.
List of Top 10 MNCs In India
Table of Contents
When we talk about MNCs in India then, Microsoft is one of the most important ones. It played an essential role in expanding India’s IT sector since its arrival in 1990.
Microsoft Corporation, an American company that was started in 1975, entered India as Microsoft Corporation India and set up its headquarters in one of India’s most advanced states called Hyderabad. It has collaborated with many Indian IT firms and also with the Government of India over the years and has emerged as the most significant and famous foreign company in India.
The next name in the list of top MNCs in India is IBM (International Business Machines). Its offices in many states of the country with its headquarters are located in India’s ‘Silicon Valley’-Bangalore.
IBM India Pvt. Ltd. started operating in India in 1992 and has worked in the fields of many services related to storage solutions, developing software, business consulting, etc.
This company is from Switzerland, which debuted in 1912 with various products related to food and beverages. Nestle India, with its consumers in almost every Indian household, is one of the leading MNCs in India. Not only in India, but it is also one of the largest food companies worldwide with its base in many different countries of the world.
In the year 2014, it was ranked 72 by the Fortune Global 500.
When it comes to beverages and soft drinks, Coca-Cola is the name that comes to everyone’s mind. Its cold-drinks like Thumbs Up, Limca, Mazza, Fanta, fruit juices are popular worldwide with coke being the most fabulous one.
This non-alcoholic beverage MNC was started in 1886, and it arrived in India in 1993. The company’s revenue is estimated to be $45. 998 billion. With so many consumers and popularity, it is another big MNC in India.
If Coca-Cola is popular, then its most significant competitor is probably PepsiCo which manufactures various types of beverages, including snacks. Pepsi is one of its famous carbonated drinks along with Miranda, Mountain Dew, 7up, and many more.
The company started operating in 1965, and PepsiCo India is a subsidiary of PepsiCo, functioning in India. Other famous brands that are associated with this American company are Lays, slice, etc.
6.Proctor & Gamble
It is another big MNC company in India that arrived in India in 1964 and has shown significant growth in the Indian market and has developed an unbeatable consumer base in Indian households. James Gamble and William Proctor were the founders of this company which was started in 1837 and had been manufacturing health and beauty products, household care products, and many more.
Gillette, Olay, and Vicks are a few of its most used products. The tide, which is also a product from this company created big demand in the washing industry.
This MNC from Japan is one of the biggest giants when it comes to media and electronic products. This company was founded in 1946, and in India, it started its operations in 1994 and has a good brand value.
This company manufactures several quality products like headphones, PlayStations, cameras, televisions, pen drives, hard drives, memory cards, etc. The headquarters of this company in India is in the capital of the country-Delhi.
Citigroup is another top MNC in India that has its headquarters in Mumbai in India. It is an American banking services Corporation operating in India as Citibank, a subsidiary of Citigroup.
Citibank has branches in about 30 cities of India and has over more than 700 ATMs. This MNC was started in 1998, and its revenue is estimated to be $76.8 billion and is one of the world’s largest financial services providers.
Hewlett-Packard or HP is another top MNCs in India. Its main headquarters are in California and in India, its headquarters are located in Bangalore.
This electronics and IT company was started in 1939. It manufactures laptops, cameras, desktops, printers, calculators, workstations, computers, IT service, and specifically designed computers for small businesses and home use.
It is another big name when it comes to electronics and software MNCs in the world. This American company started its operations in 1976 and has emerged as one of the most prestigious and luxurious brands amongst consumers.
Its products like iPod, iPad, iPhone, and Mac are famous everywhere. Apart from this, it also provides a wide range of IT services and software and is one of the biggest foreign companies in India.
These were the top 10 multinational companies in India that have emerged as big names in the market over the past decades.
I hope you found this article helpful.
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