Multinational Companies are the giant companies having their origin in one country and running their operations in more than one country. The Indian economy is one of the fastest growing economies in the world which offers a huge market to the multinational companies.
Due to the presence of high demand and potential many multinational companies are coming to India to expand their business.
Here is the list of top 10 Multinational Companies in India.
Microsoft Corporation India is a subsidiary of Microsoft Corporation, an American multinational company incorporated in the year 1975.
Headquartered in Hyderabad, Microsoft Corporation India started its operations in India in the year 1990, Since then it worked closely with the Government of India and IT industry. It has contributed tremendously in the development of technology and is the leading company in India for providing operating system for computers, laptops, tablets and mobile phones.
IBM is ranked 2nd in the list of top 10 multinational companies in India. Headquartered in Bangalore, IBM India Private Limited started its operation in 1992 and is today a leading company of information technology in India. Its products and services in India include IT services, business consulting, application management, servers and storage solutions.
IBM India Private Limited is an Indian subsidiary of IBM, an American multinational company established in 1911 by Thomas J. Watson and Charles Ranlett Flint.
Next is Nestle India, a part of Nestle S.A, a Switzerland based food and beverage company. Nestle made debut in India in 1912 by selling imported products and is presently a leading food and beverage company in India.
Some of its most selling products are Nescafe, Maggi, Nestle Milk, Kitkat, Bar one, Nestea, Nestle Slim Milk, Nestle Dahi, etc.
4. Procter & Gamble
Procter & Gamble is a globally acclaimed consumer goods company established in the year 1837 by William Procter and James Gamble. It started its operations in India in the year 1964 and presently serves customers with products like Gillette, Vicks, Olay, Pantene, Ariel, Tide, etc.
Procter & Gamble India operates more than 10 manufacturing plants across the country and serves more than 600 million customers.
5. Coca Cola
Coca Cola is an American Beverage Company founded in the year 1886 by Asa Griggs Candler and started its operations in India through its subsidiary Coca Cola India Private Limited.
PepsiCo is another American company in this list, which manufactures snack foods, beverages and other products. It was founded in the year 1965 after the merger of Pepsi Cola Company and Frito Lay and presently operates in Asia, North America, South America, Africa and Europe.
PepsiCo operates in India through its subsidiary, Pepsico India Holding Private Limited, which manufactures popular brands like Kurkure, Lay’s, Cheetos, Lehar Namkeen, Uncle Chipps, 7Up, Pepsi, Mountain Dew, Slice, etc.
7. Citi Group
Next MNC on this list is Citi Group, which is an American Banking Services Corporation incorporated in the year 1998 after the merger of Citicorp and Travelers Group. Citigroup made debut in India in 1902 through its subsidiary, Citibank, which presently has more than 40 branches in over 30 cities in India.
Headquartered in New York, Citi Group owns the World’s largest financial network with operations in over 150 countries across the globe.
8. Sony Corporation
Sony occupies the eighth position in the list of top 10 multinational companies in India. Sony Corporation is a Japanese Multinational Company came into existence in 1946 and operates in the sector of electronics, music and entertainment.
Sony Corporation started its operations in India in 1994 and manufactures televisions, mobile phones, cameras, playstations, headphones, memory card, etc.
9. Hewlett Packard (HP)
Headquartered in Palo Alto, California, HP is a leading company that manufactures laptops, desktops, tablets, monitors, printers, etc. Hewlett Packard or HP is an American Electronics and Information Technology Company started in 1939.
10. Apple Inc
On the 10th position is Apple Inc, an American Multinational Company, founded in the year 1976. It develops and sells computers, laptops, softwares and online services.
Apple is a world renowned consumer electronics company and some of its best known products are iPhone, iPad, iPod and Mac line of computers.