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India's Global Powerhouses
''India's Global Powerhouses - How They Are Taking on the World'' is a 2009 book by Nirmalya Kumar. The book discusses the success of some of the largest commercial companies in India. Content ''India's Global Powerhouses'' informs readers about the 2009 contemporary phenomenon of Indian private firms becoming multinational and discusses common attributes of smaller multinational India-based companies. Companies profiled The book profiles some Indian companies, including the following: * ArcelorMittal * Infosys * Bharat Forge * Essel Propack * Hindalco * Mahindra & Mahindra * Hidesign * Marico * Godrej * VIP Industries * United Breweries Group * Suzlon * Tata Group The Tata Group () is an Indian multinational conglomerate headquartered in Mumbai. Established in 1868, it is India's largest conglomerate, with products and services in over 150 countries, and operations in 100 countries across six continents ... References {{reflist Books about the economy of India ...
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Nirmalya Kumar
Nirmalya Kumar (born 8 March 1960) is Professor of Marketing of the Lee Kong Chian School of Business at Singapore Management University and a distinguished fellow at INSEAD Emerging Markets Institute. He has served on the Boards of ACC Limited, Ambuja Cements, Bata India, BP Ergo, Defaqto, Tata Capital, Tata Chemicals, Tata Industries, Tata Limited (UK), Tata Unistore, Ultratech, and Zensar Technologies. In June 2021 He received the 2021 Mahajan Award for Lifetime Contributions to Marketing Strategy Research by the American Marketing Association (AMA). Biography Education Kumar was educated at La Martiniere Calcutta school, and received his Bachelor of Commerce degree from Calcutta University in 1980, and his Master of Commerce degree from Shivaji University in 1983. In 1986, he completed his MBA at the University of Illinois at Chicago and in 1991, received his Ph.D in Marketing at the Kellogg School of Management in Northwestern University. Career From 1991 to 1994 ...
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ArcelorMittal
ArcelorMittal S.A. is a Luxembourgian multinational steel manufacturing corporation headquartered in Luxembourg City. It was formed in 2006 from the takeover and merger of Arcelor by Indian-owned Mittal Steel. ArcelorMittal is the second largest steel producer in the world, with an annual crude steel production of 88 million metric tonnes . It is ranked 197th in the 2022 Fortune Global 500 ranking of the world's largest corporations. It employs directly and indirectly 200,000 people and its market capital is $25 billion. The total value of company assets is estimated to be around $100 billion. Products and activities The company is involved in research and development, mining, and steel. ArcelorMittal in 2016 produced around 90 million tons of steel. As of May 2017, the company made 200 unique steel grades for automotive purposes, half of which were introduced since 2007. Among the steel varieties are Usibor 2000, which the company announced in June 2016 and released later ...
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Infosys
Infosys Limited is an Indian multinational information technology company that provides business consulting, information technology and outsourcing services. The company was founded in Pune and is headquartered in Bangalore. Infosys is the second-largest Indian IT company, after Tata Consultancy Services, by 2020 revenue figures, and the 602nd largest public company in the world, according to the Forbes Global 2000 ranking. On 24 August 2021, Infosys became the fourth Indian company to reach $100 billion in market capitalization. History Infosys was founded by seven engineers in Pune, Maharashtra, India. Its initial capital was $250. It was registered as Infosys Consultants Private Limited on 2 July 1981. In 1983, it relocated to Bangalore, Karnataka. The company changed its name to Infosys Technologies Private Limited in April 1992 and to Infosys Technologies Limited when it became a public limited company in June 1992. It was renamed Infosys Limited in June 2011. An i ...
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Bharat Forge
Bharat Forge Limited is an Indian multinational company involved in forging, automotives, energy, construction and mining, railways, marine, aerospace and defence industries. The company was founded by Nilkanthrao A. Kalyani on 19 June 1961. Headquartered in Pune, Maharashtra, it is the flagship company of the Kalyani Group. Bharat Forge's Special Economic Zone (SEZ) named Khed City is spread over an area of 1,000 hectares (4200 acres) in Khed taluka, and is the largest SEZ in Pune district. Bharat Forge's products include front axle beams, steering knuckles, connecting rods and crankshafts. The new strategy is to augument a strong global footprint in Lightweight materials. As part of its risk mitigation efforts, Bharat Forge diversified into a variety of industrial sectors including oil & gas, infrastructure, and marine. Some of BFL's largest customers include Daimler Group, VW Group, Meritor and Dana etc. The company also has an extensive collaboration with major truck manuf ...
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Essel Propack
EPL Limited (formerly Essel Propack Limited) is a global tube-packaging company owned by The Blackstone Group headquartered in Mumbai, India. It is a specialty packaging manufacturer of laminated plastic tubes for the FMCG and Pharma space. In 2013, Essel Propack employed more than 2,600 people, and operated 24 facilities in 11 countries, selling more than six billion tubes each year and was the world's largest plastic tubes manufacturer. As of 2009, the company had a global market share of 33% in the toothpaste tube packaging industry. History The company was formed from the merger of two pre-existing companies, Essel Packaging and Propack AG led by then CEO Cyrus Bagwadia. In 2002, Essel Propack set up a 60,000 sq.ft, US$15 Million manufacturing plant in Danville, Virginia, to make toothpaste tubes for Procter & Gamble's North American market. In the same year, the company set up its fourth plant in China. The company was acquired by The Blackstone Group in 2019 during an a ...
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Hindalco
Hindalco Industries Limited an Indian aluminium and copper manufacturing company, is a subsidiary of the Aditya Birla Group. Its headquarters are at Mumbai, Maharashtra, India. The company has annual sales of 25 billion and employs around 20,000 people. It is listed in the Forbes Global 2000 at 895th rank. Its market capitalisation by the end of May 2013 was US$3.4 billion. Hindalco is one of the world's largest aluminium rolling companies and one of the biggest producers of primary aluminium in Asia. History The Hindustan Aluminium Corporation Limited was established in 1958 by the Aditya Birla Group. In 1962 the company began production in Renukoot in Uttar Pradesh making 20 thousand metric tons per year of aluminium metal and 40 thousand metric tons per year of alumina. In 1989 the company was restructured and renamed Hindalco. Ramdev Singh was the first trade union leader of Hindalco Industries Limited, Renukoot. Operations Power plants * Renusagar Power Plant. An 826. ...
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Mahindra & Mahindra
Mahindra & Mahindra Limited (M&M) is an Indian Multinational corporation, multinational Automotive industry, automotive manufacturing corporation headquartered in Mumbai. It was established in 1945 as Mahindra & Mohammed and later renamed as Mahindra & Mahindra. Part of the Mahindra Group, M&M is one of the largest vehicle manufacturers by production in India. Its subsidiary Mahindra Tractors, Mahindra Tractor Company is the largest manufacturer of tractors in the world by volume. It was ranked 17th on a list of top companies in India by Fortune India 500 in 2018. Its major competitors in the Indian market include Maruti Suzuki and Tata Motors. Recently Mahindra tractor company has launched TREM IV pollution norms tractors, which have common rail direct injection technology. Mahindra has launched total 6 tractors with CRDI technology one of these iArjun Novo 605 DI PPwhich is with common rail direct injection technology and provides different power output with different modes i.e ...
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Hidesign
Hidesign is a leather goods manufacturer based in Pondicherry, India. In 2018, the company had operations in 24 countries including the United States, United Kingdom, Australia, Kenya, United Arab Emirates, Spain, Portugal, New Zealand and Sri Lanka. The leather goods segment of Hidesign contributes to 160 crore of revenue. Products The company is the manufacturer and marketer of leather products including handbags, briefcases, laptop bags, travel bags, wallets, accessories, belts, jackets, shoes, footwear and sunglasses. It has 5 manufacturing facilities: * Sikkim * Baddi (Himachal Pradesh) * Puducherry (Two facilities) * Chennai (Tannery) History Dilip Kapur (president) started Hidesign as a hobby. He had joined Princeton to do his PhD in International affairs and worked part time in a leather factory. In this factory, Kapur learned how to work with leather. He came back after completing his education and started buying leather from Chennai to design bags in Auroville. W ...
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Marico
Marico Limited is an Indian multinational consumer goods company providing consumer products and services in the areas of health, beauty and wellness. With its headquarters in Mumbai, Marico is present in over 25 countries across Asia and Africa. It owns brands in categories of hair care, skin care, edible oils, health foods, male grooming, and fabric care. As of 2019–2020, the company generated a turnover of ₹7,315 crores. Marico has 8 factories in India located at Puducherry, Perundurai, Kanjikode, Jalgaon, Paldhi, Dehradun, Baddi and Paonta Sahib. Leadership Harsh Mariwala is the chairman and Saugata Gupta assumed the role of the managing director in March 2014 and is currently the MD and CEO of this organisation. History Marico Limited was established on 13 October 1988 under the name of Marico Foods Limited. Later, in 1989 the name of the company was changed from Marico Foods Limited to Marico Industries Limited. The first International office for Marico ...
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Godrej Group
Godrej Group is an Indian Multinational corporation, multinational Conglomerate (company), conglomerate headquartered in Mumbai, which is managed and largely owned by the Godrej family. It was founded by Ardeshir Godrej and Pirojsha Burjorji Godrej in 1897, and operates in sectors including real estate, consumer products, industrial engineering, appliances, furniture, security and agricultural products. Its subsidiaries and affiliated companies include Godrej Industries and its subsidiaries Godrej Consumer Products, Godrej Agrovet, and Godrej Properties, as well as the private holding company Godrej & Boyce Mfg. Co. Ltd.; Timeline * 1897: Godrej was established in 1897 * 1897: Godrej introduced the first lock with lever technology in India. * 1902: Godrej makes its first Indian Safe * 1918: Godrej Soaps Limited incorporated * 1920: Godrej made soap using vegetable oil, which was a huge hit with the vegetarian community in India * 1955: Godrej produced India's first indigenous t ...
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VIP Industries
VIP Industries is India's largest luggage manufacturing company which manufactures luggage and travel accessories. It is based in Mumbai Mumbai (, ; also known as Bombay — the official name until 1995) is the capital city of the Indian state of Maharashtra and the ''de facto'' financial centre of India. According to the United Nations, as of 2018, Mumbai is the secon ..., India and is the world's second-largest and Asia's largest luggage maker. The company has more than 8,000 retail outlets across India and a network of retailers in 50 countries. It acquired United Kingdom-based luggage brand Carlton in 2004. History The history of the company goes back to the year 1970. Since then, the company has recorded a sale of around 100 million pieces of luggage worldwide. Formerly, the company was known by the name Aristo Plast VIP Industries and it was incorporated in 1968. The company consisted of two wholly owned subsidiary companies, namely Blow Plast Retail Limit ...
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United Breweries Group
United Breweries Holdings Limited (UBHL), also called UB Group, is an Indian conglomerate headquartered in UB City, Bangalore, Karnataka. Its core business includes beverages and investments in various sectors. The company markets beer under the Kingfisher brand, and owns various other brands of alcoholic beverages. United Breweries is India's largest producer of beer. United Breweries now has greater than a 40% share of the Indian brewing market with 79 distilleries and bottling units around the world. In 2005, UB financed a takeover of the spirits business of the rival Shaw-Wallace company, giving it a majority share of India's spirits business. The group no longer owns the Mendocino Brewing Company in the United States. History The UB Group was founded by a Scotsman, Thomas Leishman, in 1915, when he brought together Castle Brewery and Nilgiris Breweries (1857), Bangalore Brewing Co. (1885), British Brewing Corp. (1903) and BBB Brewery Co. Ltd. (1913). The Group took i ...
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