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Multinational companies are organizations that operate in more than one country. They often have operations and business interests in multiple countries and seek to take advantage of global opportunities.
In recent years, multinational companies have come under increased scrutiny due to their size and power. Some critics argue that these companies have too much influence and are not accountable to any one government.
Others argue that multinational companies are essential to the global economy and provide many benefits, such as jobs and economic growth.
India is one of the fastest-growing economies in the world and has a diverse culture, reflecting its rich history and multiculturalism.
In recent times, India has emerged as a leading global power in business, technology, and international affairs.
Why MNCs are growing in India?
India is one of the biggest markets for MNCs. The main reasons for the popularity of multinational companies in India are:
- The presence of multinational companies in India has led to the creation of employment opportunities.
- The multinational companies operating in India bring in new technologies.
- The shareholders of multinational companies operating in India earn good returns on their investments.
33 Top Multinational Companies in India
There are so many Multinational companies in India. I have organized some of the large MNCs in India in terms of market capitalization. I will not only share foreign companies but will also share some Indian companies.
Here is the list of multinational companies in India.
1. Apple Inc.
Headquartered in California, Apple Company was founded by Steve Jobs, Steve Wozniak, & Ronald Wayne. Previously it was known as Apple Computer.
Now Apple is the world’s most valuable company, it is the first company to reach $3 trillion in value in January 2022. Apple is known for its brand loyalty. Once someone uses an Apple product there’s a huge chance their next product will be Apple as well.
The company has 164,000 employees worldwide as of 2022. Products/Services – Macintosh, iPhone, Apple Watch, Apple TV & many more.
2. Microsoft Corporation
Bill Gates and Paul Allen founded the computer giant computer company Microsoft. It is the largest software manufacturer in the world. It is the third company to reach one trillion company.
Microsoft is the creator and owner of the most popular computer OS, Windows. The company has expertise in Software Development, Computer Hardware, Consumer Electronics, Social Networking, Cloud Computing, Video Games, etc.
In 2022, Microsoft has 221,000 employees all over the world. The company has multiple offices in India.
Microsoft is one of the top multinational companies in India. Products/Services – Windows, Office, Edge, Skype, Visual Studio, Dynamics, Xbox, Surface, Azure.
3. Google (Alphabet Inc.)
Google was founded on September 4, 1998. Two Ph.D. students Larry Page and Sergey Brin founded a multinational company.
Also in 1998, they founded another company called Alphabet. Then Google LLC became a subsidiary of Alphabet Inc.
Google.com is the most visited website in the world. The company provides services in different sectors like Cloud, Software, Hardware, Artificial intelligence, etc.
As of 2021, Google has 139,995 employees worldwide. Product/Service – Google Search Engine, YouTube, Android, Blogger, Google Drive (Docs& Photos), Maps, Meet, Duo, Google Fiber & Fi, Chrome OS, Pixel, etc.
Amazon is the world’s largest e-commerce platform. Based in Washington, the technology company was founded in 1994 by Jeff Bezos. Formerly Amazon was known as Cadabra.
Amazon is one of the world’s most valuable brands. The tech giant employed 1,541,000 people across the globe.
The company is involved in multiple industries: Cloud Computing, Artificial intelligence, Consumer electronics, Entertainment, Digital distribution, Self-driving cars, & Supermarket.
Product/Service – Amazon.com, Alexa, Amazon Appstore, Amazon Luna, Amazon Music, Amazon Prime, Prime Video, Amazon Web Services, etc.
5. Meta (Facebook)
Facebook is the world’s most popular social media platform. Facebook was founded in 2004 by Mark Zuckerberg, Eduardo Saverin, Andrew McCollum, Dustin Moskovitz, and Chris Hughes.
Later the company acquired Instagram and WhatsApp. In 2021 they changed the company name to Meta. As of Nov 2022, Meta has 76,000 employees across the world.
The company is dominating in multiple industries social media, social network advertising, & consumer electronics. Now the company is focusing on Metaverse.
Products/Service- Facebook, Instagram, Messenger, WhatsApp, Oculus, Mapillary, Workplace, Portal, Diem.
Samsung is a South Korean-based multinational company. Headquartered in Seoul, South Korea, the company was founded by Lee Byung-Chul in 1938.
You might know Samsung as electronic but it’s a huge company that manufactures so many things.
Samsung has many subsidiaries: Samsung Electronics, Samsung Electro-Mechanics, Samsung SDI, Samsung SDS, Samsung Engineering, & many more.
The company is doing business in different industries: Automotive, chemicals, consumer electronics, electronic components, medical equipment, semiconductors, solid-state drives, DRAM, flash memory, ships, telecommunications equipment, and home appliances. Samsung has 267,937 employees worldwide.
Products/Services: Smartphones, Home Appliances, Smartphone Equipment, & many more.
Nestlé is a Switzerland-based multinational food and drinks processing company. The world’s largest food company was founded in 1866 by Henri Nestlé.
It has so many products: Baby food, coffee, dairy products, breakfast cereals, confectionery, bottled water, ice cream, and pet foods.
Products – Nescafe Coffee, KitKat, Maggie, Milkmaid, Munch, Milky Bar, Nangrow, Ceregrow, Lactogrow.
8. Coca-Cola Company
Coca-Cola is an American multinational soft drink manufacturing company. The Atlanta-based company was founded in 1886.
Coca-Cola is invented by John Stith Pemberton and later it was bought out by businessman Asa Griggs Candler.
Consumers across the globe drink more than 1.8 billion company beverage servings each day.
Products: Coca-Cola, Sprite, Fair Life, Fanta, Costa Coffee
9. Toyota Motor Corporation
Toyota Motor Corporation is a Japanese automotive manufacturer. It is one of the largest automobile manufacturers in the world.
Toyota was founded by Kiichiro Toyoda on August 28, 1937. The company has a record of manufacturing 10 million units per year.
Toyota has many subsidiaries (about 1000) and is now operating in many countries. Some of the divisions are Lexus, Ranz, and Scion. Products – Toyota Cars, Lexus, Daihatsu, and Hino Motors
PepsiCo is a New York-based multinational food, snack, and beverage corporation. It was founded in 1898 by Caleb Bradham. Since then, the company has been ruling the industry.
PepsiCo is the 2nd-largest food and beverage business in the world. As of 2022, the company has 315,000 employees.
The company has over 23 brands that generate over 1 billion in sales. Some of the brands are Lay’s, Mountain Dew, Tropicana, Doritos, Quaker Foods, and many more.
11. Reliance Industries
Reliance is a multinational conglomerate company. The company was founded by Dhirubhai Ambani and Champaklal Damani in 1960. RIL ranked 155th on the Fortune Global 500 list of the world’s biggest MNC companies.
The company has multiple industries Jio Platforms Reliance Retail, Reliance Petroleum, Jio Payments Bank, Network18 Group, and Reliance Foundation. RIL is the 10th largest employer, it employed 3,42,982 people.
Products/Services: Telecommunications, Software, Television, Entertainment, Petroleum, Natural, Gas, Petrochemicals, Textiles, Retail, Media, Financial, and Services.
Accenture is an Ireland-based IT consultancy service company. Formerly the company was known as Andersen Consulting, it was founded in 1989.
Now Accenture is the most valuable IT company in the world. The company is known for Professional Services, Information Technology, and Consulting.
It is one of the best IT MNC companies in India and has 738,000 employees worldwide. Services – Business Strategy, Technology Strategy, Operations Strategy Services, Technology, Business, and Management Consulting Services.
13. TCS (Tata Consultancy Services)
TCS is an Indian multinational information technology (IT) services and consulting company. The headquarters is in Mumbai, and it is a subsidiary of the Tata Group.
It becomes the first Indian IT company to reach $200 billion in market capitalization. TCS is among the most valuable It companies. It is one of the top MNC companies in India.
The company provides services in Information technology, Consulting, and Outsourcing. As of 2022, the company has 616,171 employees.
Products/Services: Consulting-Led, Cognitive-Powered, Integrated Portfolio of Business, Technology, and Engineering Services and Solutions.
14. Sony Group Corporation
Sony is a Japanese multinational multi-industry company. Formerly it was known as Tokyo Tsushin Kogyo, Ltd.
The company was founded on 7 May 1946 by Masaru Ibuka & Akio Morita. Sony is known for TVs, Cameras, Sound Systems, Play Stations, etc.
Sony Group owns all its subsidiaries: Sony Entertainment (Sony Pictures, Sony Music), Sony Interactive Entertainment, Sony Financial Group, and Sony Creative Products.
Products/Services: Computer hardware, Consumer electronics, Films, Music, Robots, Semiconductors, Telecommunications equipment, TV shows, and Video games.
Unilever is a London-based multinational consumer goods company. The Unilever company was founded in 1929.
The company owns over 400 brands. Some of the brands are Axe/Lynx, Dove, Lifebuoy, Sunsilk and Sunlight, Heartbrand/Kwality Walls ice creams, Knorr, Lipton, Lux, Magnum, Rexona & many more.
Unilever has many products: ice cream, condiments, breakfast cereal, toothpaste, beauty products, tea, and personal care.
Hindustan Unilever is a subsidiary of Unilever and as of 2022, Unilever has 148,000 employees.
Products: Magnum, Kwality Walls, Lipton, Lux, Knorr, Rexona, Dove, Vaseline, etc.
The multinational IT company was founded by Charles Ranlett Flint in 1911. Formerly it was known as the Computing-Tabulating-Recording Company. Later they renamed it International Business Machines Corporation (IBM).
Now the company is working in these industries: Automation, Artificial intelligence, Robotics, Cloud Computing, Consulting Blockchain, Computer Hardware, and Software Quantum Computing. IBM has 282,100 employees worldwide.
Products/Services – IBM Cloud, Tivoli Software, WebSphere, Quantum Experience, Mainframe, Power Systems, IBM storage, Outsourcing, Professional Services, Managed Services.
17. Citi Group
Citigroup Inc. is an American multinational investment bank and financial services corporation. It is the 3rd largest intuition in the US. Samuel Osgood founded the company.
Citigroup has over 200 million customer accounts and over $23.6 trillion in assets under custody.
The company is ranked 33rd on the Fortune 500 as of 2021. As of 2021, Citigroup has 223,400 employees.
Products/Services: Investment Management, Asset Management, Banking, Credit Cards, Equities Trading, Insurance, Private Equity, Wealth Management, and Securities Services.
Founded in 1981, Infosys is an Indian Multinational IT company headquartered in Bangalore. It is the 2nd-largest Indian IT company. The company crossed the $100 billion market cap in August 2021.
Infosys is servicing industries in business consulting, information technology, and outsourcing. As of 2020, it is the 602nd largest public company in the world.
The company has 335,186 employees worldwide.
Services – Consulting, IT Service, Software Development, Insurance, and Manufacturing.
Mercedes-Benz is a German-based luxury automotive company. It is a subsidiary of the Mercedes-Benz Group. The luxury brand was founded in 1926 by Karl Benz, Wilhelm Maybach, and Gottlieb Daimler.
In 2018, Mercedes-Benz was the largest seller of luxury vehicles in the world. The company produces passenger cars, SUVs, Sports cars, Compact cars, etc.
Product/Services – Luxury Cars, Sports cars, Electric vehicles, trucks, buses, Financial Services, and Automobile repair.
20. SBI (State Bank of India)
Founded in 1955, SBI is an Indian multinational public sector bank. Headquartered in Mumbai, SBI is the 43rd largest bank in the world. The bank is owned by the Indian Government.
Some of the SBI subsidiaries are SBI Life Insurance Ltd, SBI Cards and Payment Services Ltd, SBI General Insurance, Jio Payments Bank, and Yes Bank.
SBI is one of the top MNC companies in India. The bank has 22,219 Branches in India, and 229 Branches in thirty-one countries. SBI is one of the largest employers in India with nearly 2,44,250 people working in it.
Products – Finance and Insurance, Retail Banking, Corporate Banking, Investment Banking, Private Banking, Wealth Management, and Credit cards.
21. Bharti Airtel
Headquartered in Delhi, Airtel is an Indian multinational telecom services company. Bharti Airtel was founded by Sunil Bharti Mittal on 7th July 1995.
Airtel provides 2G, 4G LTE, 4G+ mobile services, fixed-line broadband (FFTH), DTH, etc. It is the 2nd largest mobile network operator in India After Jio. And it’s the 3rd largest mobile network operator in the world.
Products – Fixed-line telephone Mobile phone Broadband Satellite television Payment bank Digital television Internet television IPTV.
22. BMW (Bayerische Motoren Werke)
BMW is a multinational luxury vehicles and motorcycles manufacturer headquartered.
The luxury company was founded by Camillo Castiglioni, Franz Josef Popp, and Karl Rapp on 7th March 1916.
In 2017, BMW was the world’s 14th-largest producer of motor vehicles. It produced 2,279,503 vehicles in that particular year.
The company owns several brands: Alpina, BMW I, BMW M, Mini, and Rolls-Royce. BMW employed about 118,909 people worldwide.
Products – SUV, Compact Car, Sports Car, motorcycle.
Cognizant is an American-based multinational IT company. Headquartered in Teaneck, New York, the company was founded by Kumar Mahadeva & Francisco D’Souza in 1994.
The company provides Information technology, Consulting, and Outsourcing services. Cognizant became a Fortune 500 company in 2011. The IT company has 355,300 employees worldwide.
Services – Artificial Intelligence, Business Process, Services, Cloud Enablement, Digital Strategy, Enterprise Services, Industry, Infrastructure Services, Intelligent Process, Automation.
Wipro is an Indian multinational company. Formerly the company was known as Western Indian Vegetable Products Limited. The Bangalore-based company was founded by Muhammed Hasham Premji in 1945.
The company has business in multiple industries: FMCG, lighting, information technology, and consulting.
It is the 29th largest Indian company and ranked the 9th largest employer in India with over 231,671 employees.
Products/Services – Personal care, Health care, Lighting, Furniture Services, Information technology, Consulting, Outsourcing.
25. HCL Technologies
HCL is an Indian multinational IT company headquartered in Noida, UP. It was founded in 1976 by Shiv Nadar.
The IT company handles different sectors like aerospace and defense, automotive, banking, healthcare, hi-tech, industrial manufacturing, retail, telecom, travel, transportation, logistics & hospitality, and many more.
Dell is an American-based computer company. It was founded by Michael Dell in 1984. Dell is the third-largest company (17.67% market share) and ranked 34th among the Fortune 500 companies.
The company is well known as a computer company. But it also produces other products like servers, data storage devices, software, network switches, HDTVs, cameras, printers, etc.
Dell has 133,000 employees working for them as of 2021.
Products: Personal computers, Servers, Smartphones, Televisions.
Hyundai is a South Korean-based automotive manufacturing company. It was founded in 1976 by Chung Ju-Yung.
The company owns Genesis Motor, IONIQ, and Kia (33.88%). Hyundai sold its vehicles in 193 countries.
Hyundai is operating the world’s largest integrated automobile manufacturing hub.
28. Larsen & Toubro
L&T is a multi-industry company headquartered in Mumbai. The conglomerate company was founded by two Danish refugees Henning Holck-Larsen & Søren Kristian Toubro.
The L&T company has expanded its services to engineering, construction, manufacturing, technology, and financial services.
The company has 118 subsidiaries & 25 joint ventures. Services – Engineering, Technology, Construction, Real Estate. Services – Engineering, Technology, Construction, Real Estate.
29. Sun Pharmaceutical
Sun Pharma is an Indian multinational pharmaceutical company. Headquartered in Mumbai, it is the largest pharmaceutical company in India.
Now the company is ranked No.1 by prescriptions. Over 72% of sales are from markets outside India.
Products – Pharmaceuticals, Branded Generic, Drugs, Over-The-Counter Drugs, Specialty Drugs, etc.
30. Tata Motors
Tata Motors is an Indian multinational automotive manufacturing company. The company is owned by the Tata Group. Formerly the company was known as Tata Engineering and Locomotive Company (TELCO). It was founded by Jehangir Ratanji Dadabhoy Tata in 1945.
Many people don’t know but Tata is the owner of Jaguar Land Rover and many other motor companies.
Tata Motors has 50,837 employees worldwide in the year 2022.
Product/Services – Automobiles, Luxury vehicles, Commercial vehicles, Automotive parts, Pickup trucks, SUVs, Automotive finance, Vehicle leasing, and vehicle service.
31. Hewlett-Packard (HP)
Headquartered in Palo Alto, HP is an American multinational computer & technology company. It produces computers, printers, etc. The company was founded by Bill Hewlett & David Packard in 1939.
HP is the second-largest computer company in the world with a market share of 21.08%.
Products: Personal Computers, Printers, Digital Press, 3D Printers, Scanners, Copiers, and Monitors.
Lenovo is a Chinese American multinational technology company. The Lenovo company was founded by Liu Chuanzhi in 1984. Lenovo is well known for manufacturing computers.
Not only for computers but is also known for tablets, electronic storage devices, smartphones, supercomputers, servers, workstations, IT management software, and smart televisions.
Lenovo is the largest computer company in the world with a market share of 24.07%. Lenovo has approximately 75,000 employees working for them worldwide.
33. Aditya Birla Group
Headquartered in Worli, Mumbai Aditya Birla is an Indian multinational conglomerate company. It was founded by Shiv Narain Birla in 1857.
Related: 15 Best Cement Companies in India
Aditya Birla works in many industries: Telecommunications, Textile, Carbon black, Cement, Chemicals, Metals, Retail, Financial Services, and Windpower.
As of Oct 2022, the company has employed 140,000 people worldwide.
Final Thoughts on MNCs in India
I have shared MNC companies in India. Most of the companies are foreign companies that are ruling in the Indian market.
There are many multinational companies in India that have been established here and are boosting India’s growth. India with its young and talented workforce is considered the most attractive market for all the MNCs in India. They provide employment opportunities to various people in large numbers.
I hope you get all the information on Top MNC Companies. You can comment below for any doubts.