Top 5 Largest Companies In India

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Top 5 Largest Companies In India

Today we will discuss about largest company in our country. In recent time India have seen a tremendous growth in business sector. Many new companies have stepped up. Number of new startups in India is increasing day by day. Also there is huge role of Indian central government in promotion of business culture in the country. Indian Central Central government have made it easy for people to start their own business. They are providing loans to the people who come up with unique ideas.

But still there are few companies running in the country which are very ahead of others since a very long time. Let us today talk about largest companies of India. we will talk about listed companies.

1- India’s largest Company- Conglomerate – Reliance Industries

First of all be clear what is a conglomerate company. A conglomerate is a multi-industry company. It is a combination of multiple business entities operating in entirely different industries under one corporate group, usually involving a parent company and many subsidiaries.

Reliance has been a quite common name for Indians since last two or three decades. Reliance industries, led by Asia’s Richest person, Mukesh Ambani, has consistently been the largest company in conglomerate. The total market valuation of the company is around 14.34 lakh crore. When we talk about, we always dream of continuous progress. Reliance industries has shown tremendous growth in last few years. Mukesh Ambani manages thing quite well. And because of continuous growth of reliance industries, mukesh ambani has been asia’s richest person from last 4-5 years.

2- India’s largest company- IT – TCS

Apart from Reliance industries, the most common name in Indian companies is TCS. TCS, Tata Consultancy Services, is India’s biggest company when it comes to IT service. TCS is very popular among Indians because of the number of jobs that it creates every year. The total market valuation of the company is around 12.19 lakh crore.

TCS is the second most successful organization of India in terms of market capitalization. Tata Consultancy Services is now placed among the most valuable IT services brands worldwide. In the year 2015, TCS was ranked 64th overall in the forbes World’s Most Innovative Companies ranking, making it both the highest-ranked IT services organization and the topmost company.

3- India’s largest bank – HDFC bank

HDFC bank is most valued Indian Bank right now. HDFC stands for Housing Development Finance Corporation. This bank first came into act in the year 1994. The headquarters of the HDFC bank is located in the financial capital of India, Mumbai.

This Bank was amongst the first to receive an ‘in principle’ approval from Reserve Bank of India(RBI) to set up a bank in the private sector, as a part of RBI’s liberalization of the Indian banking industry in 1994.

When it comes to market value, HDFC market value is around 8.16 lakh crores. This value is twice the market value of the bank which is on the second position in the list. HDFC bank generates around ₹105,161 crores every financial year.

4- India’s largest company – FMCG – HUL

FMCG, Fast moving customer goods, is very much related to people of India’s as it completes the daily need of the people. India’s largest company in FMCG sector is HUL, Hindustan Unilever Limited. The total market valuation of Hindustan Unilever limited is around 5.82 lakh crore.

Hindustan Unilever Limited was established in 1931 as Hindustan Vanaspati Manufacturing unit. And following a merger of constituent groups in 1956, it was renamed Hindustan Lever Limited. The company was renamed in June 2007 as Hindustan Unilever Limited. In every Indian house you will find product of Hindustan Unilever Limited. Since very long this company has been in the Indian market. Apart from money Hindustan lever has won trust of every Indian.

5- India’s largest paint company- Asian paint

Asian paints occupies almost 60% of the market in India. There is currently no other company in the country which holds this much of percentage in market share. Founder of Asian paints was Champaklal Chouksey. Since 1942 company has never experienced failure. This is because there is no other company which is somewhere in competition with Asian paints.

The total market valuation of this topmost company is around 2.92 lakh crore. Company is achieving new heights every day. India’s biggest celebrity like Ranbir kapoor and Deepika Padukone is the brand ambassador of Asian paints. There is no other company in the country who seems to acquire the position Asian paints has occupied. And Asian paints is quite trustworthy as well for Indian consumers.

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