MNCs have thrived in India in the last few years because of the easily available and stable workforce. Potential, capability and India's fastest growing economy are some other major reasons why multinational companies are coming to India to extend their business.
MNC or multinational companies are nothing new to India. Industrialization of Europe and colonization if the Indian subcontinent by Britain and different other powers played a major role in MNCs arriving on the shores of India.
MNCs grown in India for various reasons.
The pre-independence Indian subcontinent was a rich source of raw material for companies from industrialized Europe. The destruction of mercantile ships by kaiserliche Marine of imperial Germany and Kriegsmarine of Nazi Germany during World War-I and World War-II made it vital for European companies to product goods in the subcontinent instead of ship raw matierl to their respective countries.
After 1947, means when India got independence, these countries found India to be an ideal market for their products and decided to continue operations here, till some of them like Coca Cola were forced to close shop during the 1970s due to the nationalization and similar drives by the Indian government.
Some multinational companies that came before the British colonials left the Indian subcontinent after shredding it into three parts, managed to survive the economic and political hurdles of Indian and continue to grow.
Today, MNCs have got great market expensation, consumer base and loyal workforce. Every student or professional wants to work in a multinational company. It provides them the platform to approach goals and aims as well as real-life experience to move internationally, where they can learn the culture and customer working together with the people of other countries.
If you start your career in one of these MNCs, it can boost your credibility into eh market and make your resume more attractive. Not only the job seekers but our country as a whole has a lot to gain from these multinational companies. Besides employment opportunities, these companies also provide investments and infrastructure and have also helped in improving the foreign exchange hosting economic growth.
IBM Indian Private Limited is a part of IBM and it has been operating from the country since the year 1992. IBM is renowned for invention and integration of software, hardware and services that support forward thinking institutions, enterprises and people, who create a smart planet.
With advanced technology and innovations, IBM is growing. Today, over 200 cities, the company is making constant progress in the market on the global level to maintain its leading position.
The American electronic and cloud computing company, Amazon Development is among the top 10 multinational companies in India. The company was established in 1994 by Jeff Bezos in the US. The major products offered by the company include Amazon Appstore, Amazon Echo, Amazon Kindle, Amazon Prime, Amazon video, ComiXology, etc.
Amazon India launched operations in 2013 and started its website also amazon.in to offer customer a wide variety of books, movies, and television shows. Amazon India is today a fully-owned subsidiary of US-based e-commerce giant Amazon, Inc. Amazon India presently offers millions of products on its platform.
Now, Amazon India also operates Global stores, where consumers can purchase directly from sellers in the US. It has over 20,000 Indian sellers and 41 fulfillment centers across 13 states.
Citibank is marked as one of the top multinational companies in India. The bank was founded in 1812. It offers multiple services like saving accounts, loans, deposits, mortgages, investment funds, credit and debit cards, insurance, electronic banking, capital markets and advisory and private banking.
Presently, the bank has 2,640 branches in 19 countries, including 723 branches in the US and 1,494 branches in Mexico operated by its subsidiary Banamex.
The giant brand in soft drinks, Coco Cola is not only leading this market segment but is among the top MNCs in India. It was founded in 1886 in the US. The brand offers multiple variants like Coco Cola Cherry, Diet Coke, Coco Cola Life, Coco Cola Citra, Coco Cola Cherry, etc.
Coco Cola India is one of India's leading beverage companies; it is offering a wide range of healthy, high quality, safe, refreshing beverage option to consumers. The company along with its bottling partners, through a strong network of more than 2.6 million retails outlets, touching the lives of millions of consumers. Coco Cola is some of the most preferred and most sold beverages in India.
Founded in 2004, Google Indian Pvt Ltd is another name in the list of top 10 multinational companies in India. It operates as a subsidiary of Google Inc. the web search engine is developed by Google LLC, the most-used search engine on the World Wide Web handlings of over three billion searches on daily basis.
The mission of Google is to organize the world's information and make it universally useful as well as accessible. From offering search in a single language, Google now brings dozens of products and services including different forms of advertising and web applications for all kinds of tasks- in scores of languages.
Google now offers dozens of products and services including various forms of advertising and web applications for types of tasks in scores of languages.
Hewlett-Packard India Sales Pvt Ltd was founded in 1939 by Hewlett and David Packard. The headquarter of the company is in Palo Alto, California, U.S. It serves as an American Multinational IT MNC company, developed and provided a wide variety of hardware components and software related services.
The major target audience of the company includes small and medium sized businesses, large enterprises, including customers in the government, health and education sectors. It also provides electronic consumer products. The company offers desktops, printers, ink, displays, toner, and many other accessories.
Next is the Nestle on the list of top 10 multinational companies in India. Nestle India is a part of Nestle S.A which is a food and beverage company from Switzerland. Nestle started its journey in the year 1912 with quality products and is cruelty among the leading MNCs in India. This is considered as one of the largest food companies in India with their best food products.
The corporate office of Nestle is in Vevey, Switzerland with the turnover- 86 Billion Dollar. These are some of the best products are famous across the nation in the form of Nescafe, Kitkat, Maggi and many others.
The part of renowned brand, Sony Corporation, Sony India is also one of the top MNCs in India. Sony Corporation is a Japan-based company; it was founded in the year 1946. The company entrained in the Indian market in 1994 with a wide range of electronics like mobile phones, televisions, cameras, PlayStations and a lot more.
Sony has captured one of the leading positions in the field of consumer electronics goods. By the end of the business year 2010, it showed an excellent increment in the share related to numerous categories. Now it is planning to invest around 150 crore for the marketing of the activities related to BTL and ATL.
The subsidiary of the most trustworthy service provider, Tata Group founded by Jamsetji Tata is also among the top 10 multinational companies in India. Commonly known as TCS, this MNC firm is renowned name in the field of IT services, Business Process Outsourcing and also business solutions.
TCS's first center for software research was built in the country in the year 1981 in Pune. Now, this popular brand is looking forward to the 10 huge deals that they have got besides the Credit Union Australia's contract and Government of Karnataka's INR 94 core deals for 6 year period.
The American Multinational Corporation, Microsoft Corporation was established in the year 1975. In India the company started its operation in 1990 and its Indian headquarter is situated in Hyderabad.
Microsoft offers various kinds of support and solutions like antivirus software, malware removal tool, phone apps and games, computer security, office suites, server, home finance, health and other media applications. With its quality and variety of services, Microsoft is serving people across the world and it is one of the top 10 multinational companies in India.
These are the top 10 multinational companies in India. Almost, all these companies are popular and they have the largest revenue. Besides, they are among the biggest employers in India.
We hope, you found this post interesting. If you know some other best MNCs that we have not added to the list, feel free to comment below.
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