We, Indians expect quality in everything manufactured around us. Whether its clothes, foods, or other products. India is a home for top companies in the world. From IT to infrastructure our country is leading when compared to other countries across the globe. Leadership is a blend of action and example. Only good leaders can proceed with an organization to a top-level. Our country has highly efficient leaders and they succeeded in making many companies popular worldwide. India is expected to become the fifth-largest manufacturers in the world by the end of 2020. The entire size of the manufacturing industry in India was INR 30,52,500 Cr in FY 2020 with a GDP of 18%. Here are given the list of top 10 manufacturing companies in India based on sales in 2020.
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1. Tata Group
Tata, a conglomerate giant is the most desired and favored Indian company in the whole world. Tata group is a parent for many popular brands and consumer services and they possess a variety of sectors like Tanishq Jewelry, Tata Steels, Tata Motors, Taj Hotels, Vistara airlines, Fast Track, West Side, Tetley Tea, and more. TCS is an important and significant name globally in the IT industry. Ratan Tata is the Chairman of Tata Group and currently, the group is headed by Natarajan Chandrasekaran. Tata steel established in India is the second-largest steel producer in Europe. The companies crude steel capacity across India is nearly 19MnTPA. The Tata steel group has a revenue of INR 148,471 Cr. Tata motors is the largest manufacturing company in India in terms of turnover. The revenue of Tata motors is INR 284, 997 Cr.
2. Reliance Industries
The Reliance group founded 60 years ago is now a successful multi-national conglomerate company in India and quite popular across the globe. Reliance headquartered in Mumbai was founded in 1973. The company is engaged in various sectors like energy, textile, petrochemicals, natural resources, retail, and telecommunication. They are the largest public-traded company in India by market capitalization. In June 2020, Reliance Industries became the first company to exceed US$150 billion in market capitalization. The highly profitable Reliance has a variety of well-liked subsidiaries under their belts like Jio, Saavn, and Hathaway. The company is ranked 96th on the Fortune Global 500 list as of 2020. They are the largest exporters of various products across 108 countries. They are the highest-income taxpayers in the private sector in India. Reliance is also responsible for a 5% growth of India’s total revenue from custom and excise duty.
3. JSW Steel LTD
JSW Steel is India’s leading manufacturer founded in 1982 and they are the second largest steel producer in our country. The Indian steel producers based in Mumbai has a global footprint across 140 countries. The company has a steelmaking capacity of 18 MnTPA and they have a presence in India and across the globe. The company has plants in Karnataka, Tamil Nadu, and Maharashtra. JSW steels belonging to the JSW group is ranked 7th among the top 34 world-class steelmakers by the World Steel Dynamics. The revenue of the company is INR 77,807 Cr and market capitalization is INR 42 857 Cr. The Jindal group has a strong footprint across various sectors like steel, energy, infrastructure, cement, ventures, and sports. JSW steels formed a joint venture for a steel plant in Georgia. The company has a tie-up with JFE steel corp, Japan and they manufacture high-grade automotive steels.
4. Grasim Industries LTD
Grasim Industries incorporated in 1947 belongs to Aditya Birla Group. They started as a textile manufacturer in India in 1947 and today they are global leaders in the VSF and chemical sector. They are also the largest cement producers through a subsidiary named Ultra Tech Cement. Grasim industries based in Mumbai was ranked 154th in Forbes. The company is the world’s largest producer of viscose rayon fiber with a 24% market share. Grasim has diversified its business into other sectors like cement, sponge iron, chemicals, and financial service. The group operates three companies – Grasim Industries in India, Thai Rayon Corporation in Thailand, and Indo Bharat Rayon in Indonesia.
5. Aditya Birla Group
Aditya Birla Group is an Indian multinational conglomerate headquartered in Mumbai and they operate in 34 countries with more than 120,000 employees. The group founded by Seth Shiv Narayan Birla in 1857 are in various other business like fertilizers, chemicals, branded apparel, insulators, metal, cement, telecom, and financial services. The company is the largest producer of Viscose staple fiber and they have spinning mills in India and South East Asia. Aditya Birla capital belongs to the group and it is headed by Ajay Srinivasan. Idea Cellular is started by the group and it is a joint venture with AT&T and Tata Group.
6. Godrej Group
Godrej group is an Indian conglomerate company headquartered in Mumbai and it is owned by the Godrej family. The group was founded by Adi Godrej and Pirojsha Burjorji Godrej in 1897 and they operate in various sectors like real estate, consumer product, furniture, appliances, security, industrial engineering, and agriculture products. Earlier the company used to be the manufacturer of locks and was an active participant in the Swadeshi movement. The group was the first to invent animal fat-free soap and eventually they entered into other business sectors like furniture, the refrigerator, infrastructure, and ballot boxes. Godrej has a strong presence in the international market and they are quite popular in manufacturing various consumer products like soap, hair color, nature basket, and Good Night products.
7. UPL LTD
UPL is an Indian multinational company that manufactures agrochemicals, industrial chemicals, specialty chemicals, and chemical intermediates. The company headquartered in Mumbai handles both agro and non-agro activities. They are the 5th largest agrochemical company in the world after the acquisition of Arysta Lifescience and they are the global leaders in the global food system. The revenue of UPL is INR 33,140 Cr and market capital is INR 27,758 Cr. The company is present in more than 150 countries and they provide business worldwide. Agro-business is their primary source of revenue and they also offer crop protection solutions.
8. Ultra Tech Cement LTD
Ultra Tech Cement is an Indian company headquartered in Mumbai and it is a subsidiary of the Aditya Birla group. They are the largest manufacturer of grey cement, ready mix concrete, and white cement in India. They are leading cement producers globally and the group is a subsidiary of Grasim Industries. The company has operations across India, UAE, Bahrain, Bangladesh, and Srilanka. The revenue of the company is INR 42,284 Cr and market capitalization of INR 102,002 Cr. The company has 23 integrated plants, 26 grinding units, and 7 bulk terminals. In the white cement segment, the brand name is Birla White.
9. Mahindra & Mahindra LTD
Mahindra & Mahindra is an Indian multi-national vehicle manufacturer headquartered in Mumbai. The company was established in 1945 and they are one of the largest vehicle manufacturers by production in India. They are also the largest manufacturers of tractors in the world. Mahindra was founded in 1945 in Punjab as a steel trading company and now they have evolved into India’s leading conglomerates. The company handles various business segments like aerospace, agribusiness, automotive, defense, energy, insurance, farm equipment, industrial equipment, real estate, logistics, leisure and hospitality, retail, and two-wheelers. Mahindra was ranked 17th on a list of top manufacturers in India by Fortune India 500.
10. Hindalco Industries LTD
Hindalco Industries headquartered at Mumbai is a subsidiary of Aditya Birla Group and they manufacture aluminum and copper. Hindalco is the world’s largest aluminum rolling company and Asia’s biggest producer of primary aluminum. It is a flagship company in the metal business and the company has a revenue of INR 122572 Cr. The company founded in 1958 has a market capitalization of INR 27888 Cr and today they rank among the global aluminum majors and integrated producers. Some other products the company produces include copper rods, gold, silver, and DAP fertilizers.
11. Larsen & Toubro Group
Larsen & Toubro is an Indian company headquartered in Mumbai and they have a presence in technology, engineering, construction, manufacturing, and financial services. Three main products L&T engaged in are construction, manufacturing and trading, engineering services. The company has been chosen as a partner for building nuclear reactors and they are contracted with ISRO. The company offers services in various sectors like power generation, infrastructure, construction, heavy industry, rapid transit, heavy industry, shipbuilding, real estate, and defense.
12. Bharti Enterprises
Bharati enterprises were established in 1976, initially, they were manufacturers of bicycle parts and now they have grown up to the largest and most respected business group in India. They have proved their presence as leading manufacturers in insurance, food, and telecom. The company started its telecom service in 1995 by launching their mobile service, Bharati Airtel, and they have emerged one of the top leading telecom companies in the world. Bharti group is among the top three wireless operators in the world. The company operates 18 countries across Asia and Africa.