Top 10 Business Groups in India
Business groups have played an important role in the development of the Indian economy by filling the institutional voids arising from weak markets and institutions. Here is the list of top 10 Business Groups in India.
1 Tata Group
Leading Indian business group with 93 operating companies in seven business sectors: information systems & communications, engineering, materials, services, energy, consumer products & chemicals; based in Mumbai.
2 Aditya Birla Group
Indian multinational business group with interests in viscose staple fibre, non-ferrous metals, cement, branded apparel, chemicals etc; based in Mumbai; group companies: Grasim, Hindalco, Aditya Birla Nuvo, UltraTech, Birla Sun Life Insurance etc.
Business Groups.
3 Bharti Enterprises
New Delhi based telecommunications group whose flagship company is Bharti Airtel (leading mobile services company); other interests: making telecom equipment, telecom services in Seychelles, VAS products & services, agri-products etc.
4 ITC Limited
One of India’s largest private sector companies with a diversified presence in cigarettes, hotels, paperboards & specialty papers, packaging, agri-business, packaged foods & confectionery, information technology, branded apparel etc; Kolkata-based.
5 Reliance ADA Group (Anil Dhirubhai Ambani Group)
Business group headed by Anil Ambani; based in Mumbai; group companies include Reliance Capital (financial services), Reliance Communications (telecom), Reliance Energy (power utility), Reliance Health & Reliance Media & Entertainment.
6 Reliance Industries Limited (RIL)
Fortune 500 flagship company of the Reliance Group; the group’s activities span exploration & production of oil & gas, petroleum refining & marketing, petrochemicals (polyester, fibre intermediates, plastics and chemicals) & textiles; based in Mumbai.
7 Godrej & Boyce Mfg Co Ltd
Holding company of the Godrej group; business divisions include appliances, construction, furniture (Interio), locks, precision engineering, process equipment, storage solutions, vending (Prima), AV Solutions, electricals and electronics, etc.
8 Adani Group
Diversified group with interests in commodities trading, edible oil manufacturing, port operations (Mundra) & natural gas distribution; headquartered in Ahmedabad; companies: Adani Enterprises Ltd, Gujarat Adani Port, Adani Wilmar, Mundra SEZ etc.
9 Birla Corporation Limited
Flagship company of the M.P. Birla Group, based in Kolkata; has interests in cement, jute goods, PVC goods, auto trim parts, iron & steel castings.
10 Escorts Group
Business group with interests in agricultural machinery, telecommunications, healthcare, construction & material handling equipment, automotive railway ancillaries, IT, financial services etc; based in Faridabad, Haryana.
