Leadership has always played a significant role in the market, and we can’t deny that leadership puts you in a certain position but also keep in mind that it is not just a position. It is a mixture of effort and example. We all have witnessed the success of the top 10 companies in India, and they have presented exemplary leadership examples before us. Therefore, whenever we talk about top companies globally, India has become a hub of many successful ventures, be it IT or Infra, India has many successful companies. Let’s learn about the top 10 companies in India one by one.
The Top 10 Companies in India 2024
1. State Bank of India
State Bank of India is the country’s largest public sector bank, presently headed by Rajnish Kumar. SBI has a long history since it was founded in 1806 and now has become part of the top 10 companies in India. SBI owns more than 24,000 branches worldwide and extends a wide variety of services that are not restricted to Indians. Brand trust report has ranked SBI at 10th position as SBI is one of the most trusted banks in India.
SBI has received many awards, incorporating The Asian Banker’s “Best Transaction Bank in India” award. Fortune Global 500 has listed SBI at 236th position. SBI is also known for sponsoring and participating in a large number of welfare activities and social events.
2. Godrej Group
Godrej is a household name in India. It was founded around a century ago as the manufacturer of locks and was known for its participation in the Swadeshi movement. Earlier, they had invented the first animal fat-free soap and then moved towards different sectors involving
- Furniture
- Ballot boxes
- Infrastructure, and
- Refrigerators.
Godrej has been Managed and owned by the Godrej family; Adi Burjorji Godrej is the company’s current chairman. He played a pivotal role in reviving the management structure and executing process developments in the company. His leadership has led the Godrej Group to great heights and has established a strong international market presence. Godrej has many popular consumer products under its hold, including
- Godrej Expert hair color
- Good Knight
- Cinthol
- BBLUNT, and
- Nature’s Basket.
3. Adani Group
Adani is a multinational conglomerate with companies in multiple sectors, involving
- energy
- logistics
- resources
- real estate
- agribusiness
- financial services
- defense, and
- aerospace.
Adani group was established as a commodity trading company in 1988 and turned into the import and export of multi-basket commodities. It started coal trading in 1999 and, along with their edible oil, Fortune, has become one of the largest edible oils.
The Adani group also played a crucial role in corporate social responsibility. It also led many initiatives in different sectors like
- Education
- Sports
- Community health
- Rural infrastructure management, and
- Sustainable livelihood development.
Gautam Adani currently chairs the Adani group.
4. Mahindra Group
Mahindra is a big group as it operates in more than 100 countries. They are engaged with various sectors—
- Agribusiness
- Aftermarket
- Aerospace automotive
- Construction equipment
- components,
- energy,
- finance,
- defense and insurance,
- logistics,
- information technology,
- leisure,
- farm equipment and hospitality
- Industrial equipment,
- retail, real estate,
- and two-wheelers.
It was established as a steel trading company in Punjab in 1945 and has now grown into India’s leading conglomerates. In 2011, the Mahindra Group started a new corporate brand named “Mahindra Rise” to connect Mahindra’s profile beyond industries and geographies. Anand Mahindra, a Harvard University alumnus presently chairs the company and is a recipient of many awards and honors.
5. Bharti Enterprises
Bharti enterprises were founded in 1976 and started their journey as a bicycle parts manufacturer. It is a part of the top 10 companies in India with world-class businesses in insurance, telecom, and foods. In 1995, they started their telecom business services. Bharti Airtel is the group’s flagship company, has risen as one of the top telecom companies globally, and is among the world’s leading three wireless operators.
Sunil Bharti Mittal is the founder and chairman of Bharati enterprises. Bharti operates in 18 countries over Asia and Africa. He is a first-generation businessperson and began the company with a small capital of 20,000 Rupees and has been honored with many awards, including the Padma Bhushan award.
6. Wipro
Wipro is a multinational company that is known for information technology, consulting, and business processes services. Apart from that, Wipro also manufactures many popular soaps like Yardley, Santoor, and Aramusk. In 1945, Mohamed Premji founded the company as “Western India Palm Refined Oil Limited,” shortened Wipro.
Azim Premji is the current chairman, earlier known as the Czar of the Indian IT industry.
He worked hard and behind Wipro’s tremendous growth and diversification into different sectors, which has driven the company to the top 10 companies in India and proved itself one of the global leaders in the software industry. Azim Premji is a Stanford alumnus, currently the second richest person in India. He is also a recipient of the Padma Bhushan and Padma Vibhushan awards.
7. Infosys
Infosys is one of the biggest IT services providers. Nandan Nilekani is currently the non-executive chairman of Infosys. He was a co-founder of Infosys and a graduate from IIT Bombay. He was a recipient of several awards that involved Yale University’s Legend in Leadership Award and the Padma Bhushan award. Infosys had a decent beginning in Pune in 1981. It has expanded growth and become a multinational corporation with a notable presence in India, Australia, the United States, China, Japan, Middle East, and Europe.
Infosys presents the development, maintenance, and independent validation of software services to finance, manufacturing, insurance, and other domains. It is now entering into the artificial intelligence sector and owns an artificial platform known as Infosys Nia.
8. Reliance Industries
Reliance Commercial Corporation was founded around 60 years ago, and today, this multinational conglomerate is now under the top 10 companies of India. Reliance had started as a manufacturer of textiles in Maharashtra and after that started the telecom and energy sectors in the 1990s.
Today, both of these ventures are extremely profitable for Reliance. Reliance has many subsidiaries under its hold that involve Jio, Saavn, and Hathaway.
Fortune Global 500 list has placed reliance industries on 106th rank. The current chairman of Reliance is Mukesh Ambani. He is the richest man in Asia and the 13th richest person globally.
9. Tata Group
Tata is one of the popular Indian companies in the world. Tata Group owns some of the most successful consumer brands and services spanning various sectors
- Tata Sky
- Fastrack,
- Vistara Airlines,
- Taj Hotels,
- Tanishq jewelry,
- Tetley Tea,
- Westside and many more
Today, Tata Consultancy Services (TCS) is globally one of the biggest names in the IT sector.
Currently, the Tata Group’s chairman is Natarajan Chandrasekaran. Ratan Tata is the recipient of the Padma Bhushan and Padma Vibhushan awards. He is the man behind the idea of the acquisition of Jaguar and Land Rover by Tata Motors. Fortune Global 500 list has placed Tata Motors at 265th rank.
10. Bajaj Group
Bajaj is one of the top 10 companies in India, founded around a century ago. Bajaj group owns more than 30 companies, with BajajAuto holding one of the top two-wheeler and three-wheeler manufacturers worldwide. Bajaj Group was established in 1926 when India was struggling for freedom.
The company runs many sectors, including
- automobiles
- electric lamps
- home appliances,
- wind energy,
- special alloy,
- stainless steel.
- material handling equipment,
- forgings,
- infrastructure development,
- travel,
- general and life insurance and investment,
- consumer finance and
- asset management.
Rahul Bajaj is the current chairman of the company. He is a recipient of several prestigious awards and recognitions such as ‘Padma Bhushan. Also, the Lifetime Achievement Awards from Economic Times, Ernst & Young, and CNBC.
Conclusion
You have seen the top 10 companies in India and how they have revolutionized so many things in our society. If you love to read blogs like this, then stay connected for further posts.
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Business Talk is a digital business magazine that caters to CEOs, Entrepreneurs, VC, and Corporates. While working with entrepreneurs and business executives, we focus not only on their achievements. Our mission is to shed light on business entities, including their innovations, technological benchmarks, USPs, and milestones/accolades.