Top 10 MNC Companies in India

Most of the major firms have operations in India. In this article, we shall see what are the top 10 MNC companies in India? Why do companies operate in India? We shall also have a look at the company details of some of these firms.

List of top 10 MNCs in India

Rank	Company	HQ	Market Value(billion USD)	Employees	Industry
1	Apple	USA	961.3	137,000	Consumer Electronics
2	Microsoft	USA	946.5	144,000	Software services
3	Amazon	USA	916.1	798,000	Retail
4	Alphabet	USA	863.2	118,899	Software Services
5	Facebook	USA	512	44.942	Internet Services
6	JPMorgan Chase	USA	368.5	256.891	Banking & Financial Services
7	Johnson & Johnson	USA	366.2	132,200	Pharmaceuticals
8	ExxonMobil	USA	343.2	74,900	Energy
9	Walmart	USA	296.1	2,200,000	Retail
10	Bank of America	USA	287.3	208,131	Banking & Financial Services

Top 10 MNC Companies in India

The data source for market value is Statista.com for the year 2019. The data source for the home country, employees, and sector are Fortune global 500(2020) and Wikipedia.

India as a hub for IT services companies

India is one of the faster-developing countries. At its peak of growth, it was growing at about 10.26% per annum in 2010. It is seen as a powerhouse for software and IT services. Consequently, many international corporations have set up their offices across India. Overall, most of the top MNCs that operate in India are related to Information Technology enabled Services(ITeS). Others have retail and other operations in India. Some of these MNCs have research and development centers as well.

However, There has been a dip in the growth rate since 2016. It can be attributed to the slowing down of the world economy. However, according to the ex-governor of the central bank, The RBI there could be internal reasons as well. Prof Raghuram Rajan has attributed the dip to demonetization and a poorly implemented GST scheme. However, post-Covid crisis, India is expected to spring back to growth mode. Industry 4.0 could be an important factor for the future of MNCs in India.

How we have ranked the top 10 MNC companies in India?

Let us first clarify what is meant by MNC and how we have ranked them here. After that, we shall look at the top 10 MNC Companies in India.

A Multinational Corporation or MNC is a company that has assets in more than one country. Assets could be establishments like factories, knowledge centers, or plants.

Secondly, let us define what are the parameters to rank these companies. We have chosen the market valuation of these companies as the source for ranking. You can also sort them based on other factors such as the number of employees, headquarter, or industry.

Company details of top MNCs in India

1. Apple
   Apple Inc is the most valued company in the world. It is one of the world’s most loved brands. It is mainly a consumer electronics company but also extends into ITeS. Cupertino, California is the headquarters of Apple.
   
   Apple’s India business was started on 19th January 1996. Moreover, it is registered as a private limited company. Its headquarters in Bangalore and it has authorized capital of around 2 crore rupees. There are 3 registered directors: Peter Denwood, Gaurav Duggal, and Damon Nakamura. Consequently, Apple is involved in the manufacturing of some smartphones and other products inside India.
2. Microsoft
   Microsoft is primarily a software company headquartered in Redmond, United States. This company is involved in a plethora of activities including the development and sales of consumer electronics and software services. One of the biggest and most popular products of this company is the Microsoft Windows operating systems and Microsoft office.
   
   The Indian entity is Microsoft corporation India private limited which was registered on 22nd July 1988. It is one of the top 10 MNC Companies in India. This company has been registered in New Delhi. However, it has offices across India in different cities including Bangalore, Delhi, Pune, Hyderabad, and Mumbai. The company has authorized share capital of around 15 crore rupees. The company is headed by the directors such as Sashikumar Sreedharan, Sanjay Agarwal, Keith Ranger, and Benjamin Orndorff. Microsoft has opened centers for different business activities like marketing, sales, R&D as well as customer support across the different cities. It employs over 8,000 people.
3. Amazon
   Amazon is a multinational corporation based out of Seattle in the United States. On one hand, this firm is involved in e-commerce activities, in fact, this company is the world’s largest E-Commerce giant. On the other hand, this company also provides internet-based services like cloud computing, digital streaming, and AI. This company is headed by Jeff Bezos who is the CEO of this company. He is also the world’s richest man.
   
   The primary operation of Amazon in India is retail. The company is registered as Amazon Retail India Private Limited. This company was registered on 29th May 2017. Moreover, t is classified as a subsidiary of the original Amazon incorporations. The authorized share capital for this company is 3500 crores. This also makes it one of the most valued companies in India. Additionally, the company is also involved in the manufacture and wholesale-retail of certain goods like the Solimo brand as well as Amazonbasics. Amazon is also one of the largest cloud service providers in India. This company is headquartered in Bangalore. Two of the registered directors of this company are Saurabh Shrivastava and Sameer Khetarpal.
4. Alphabet
   Google is the world’s default search engine. However, not everyone knows that the holding company or the parent company is Alphabet Inc. Two of the prominent people in this company are Sundar Pichai and Sergey Brin. Sundar Pichai is serving as the CEO while Sergey Brin is the president of Alphabet. Although Alphabet is known for or software and IT services it has also been involved in some of the hardware products. Some of the well-known consumer electronics from Alphabet are the pixel phones and Chromebooks.
   
   Alphabet has business centers in India in cities like Hyderabad and Bangalore. Alphabet Inc was incorporated on 23rd July 2015 as a holding company in India. It reflects the corporate structure of the United States. It includes smaller business subsidiaries the largest and the most prominent subsidiary is Google. The company is involved in software services as well as software development in India. It also has other operations such as Google ads, the primary source of revenue for this company. The authorized capital for this company is rupees 500000.
5. Facebook
   Facebook is a social media giant headquartered in the California United States. this company is known for the world’s largest social networking site facebook.com. However, it is also involved in other IT services. Facebook is highly sought among the top 10 MNC companies in India for campus placements due to its attractive packages.
   
   Facebook India Online Services Private Limited is the officially registered company in India. This company was incorporated on 7th May 2010. The headquarters of this company is in the city of Hyderabad. Meanwhile, the total authorized share capital of the company is 50 crore rupees. Indian operations of this company privately revolved around the website facebook.com. A major source of revenue is through the advertisement on Facebook and the allied networks.
6. JPMorgan Chase
   The JP Morgan Chase and company is yet another MNC company operating in India. This company is headquartered in the city of New York. It is one of the largest banking and financial services companies in the world. It is also the 6th largest bank in the world in terms of the total assets.
   
   JP Morgan India private limited is a registered Indian entity of this company. It was incorporated on September 24th, 1992 in India. The company’s headquarters is located in the city of Mumbai. The registered share capital of the company is 115 crores. Although the company is famous for its banking services it is also involved in intermediary services like investment banking.
7. Johnson & Johnson
   Johnson and Johnson is one of the world’s largest healthcare companies it is involved in the manufacturing and retail of medical equipment, Pharma products, and consumer goods. The headquarters are in New Jersey, United States. However, it is present in over 170 countries around the world.
   
   J&J has been in India for over 70 years. This company employs over three and a half thousand people in India. The firm is registered as Johnson & Johnson Private Limited. Moreover, it was incorporated on the 5th of September 1957. Indian headquarter is in Mumbai. Meanwhile, the company’s authorized share capital is 52 crore rupees. It is present in three different business segments in India. These are consumer healthcare, medical devices, and pharmaceuticals. Some of its products are the most loved brands in India. For instance, Johnson’s Baby, Stayfree, Clean and Clear, Benadryl, and Band-Aid are a household name across India.
8. ExxonMobil
   ExxonMobil is one of the world’s largest oil firms. The company’s headquarters is located in Irving Texas United States. Moreover, it was created as the merger of Exxon and Mobil. Above all, this company has huge implications for the world economy which is driven by crude oil.
   
   Exxon Mobil Lubricants Private Limited is the Indian entity. It was registered in India on the 4th of March 1994. Bangalore is the HQ of this firm. The total authorized share capital is 2,000 crore rupees. The company also has India’s global business center. Also an R&D center in Bengaluru.
9. Walmart
   This company is one of the world’s largest brick and mortar retail corporations. It is an MNC that operates in over 27 countries. Walmart is headquartered in Arkansas, United States. It has been one of the world’s fastest-growing companies ever since it was listed in the New York stock exchange in 1972.
   
   Walmart has been striving to become an important player in the Indian retail landscape. Firstly, it wishes to create an ecosystem between the consumers’ suppliers producers and retailers. The first supermarket was opened in 2009. Eventually, around 28 Best Price modern wholesale stores were opened across India. Meanwhile, the company is headed by Sameer Agarwal who is the CEO of Walmart India Private Limited. This company was registered in Delhi on the 17th of August 2007. The authorized share capital for this company is 3000 crore rupees.
10. Bank of America
    This company also doesn’t need any introduction. Above all, it is one of the largest BFS firms in the world. It is headquartered in San Francisco and is part of the big four banks of the US. Certainly, the company offers a spectrum of services. For example, financial services commercial banking wealth Management and investment banking. There have been some controversies associated with this company. Firstly, the controversial so PE ratio of 247:1. Secondly, the involvement in the 2008 financial crisis has been questioned.
    
    The Bank of America started operations in India way back in 1964. Its headquarters are in the city of Mumbai. It also has other offices in cities like New Delhi, Kolkata, Chennai, and Bengaluru. Also, DSP Merrill Lynch Limited is an important subsidiary. Overall, their operations in India govern a lot of services like banking services investment banking services brokerage and other financial services.

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