A multinational company is a company that produces a particular product or controls the production of a product in more than two countries, other that than its own country. Multinational companies are corporate organisations which have a large management looking after each and every step taken by the employees to achieve the target that has been set. Multinational companies provide services for import and export.
These companies manufacture a variety of products and sell them in order to gain profit. They do not produce only a particular type of product. As of now, the competition in the market has become a lot more intense than before therefore this concept of multinational companies have come into the limelight. Given below is the list of top 10 best and largest multinational companies in India for 2018.
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10. The Coca-Cola Company
In the top ten lists, this company has been ranked at the tenth position. This is an American soft drink company which is giant enough. This is a company which is Georgia-based. The year in which the company started its production as syrup was in the year of 1889. The company entered the Indian market in the year 1993. This company is the owner of other brands of soft drinks and is also globally liked by the customers.
This company is a competitor to other companies producing snacks, soft drinks, food etc. This company is an American-based company and has been earning large profits in the past few years. This company produces Tropicana, Lays and a lot more. This company’s headquarters are located in New York. This company has a preference among all the consumers.
8. Citi Group
This company is a company which is looking for investments and financing. This is a financial service corporation and is popularly known by the name “CITI”. This is an American-based company with its main branch located in Mumbai (Maharashtra). This is formed by merging two enormous companies, Citigroup and Financial Conglomerate Travellers Group in the year 1998. It has a lot of total assets and the employees work here are two lakhs thirty-nine thousand. This is one of the largest finance companies whose network is spread in more than 139 countries.
7. Procter & Gamble
This company is a partnership of William Procter and James Gamble. This firm was founded in Cincinnati, Ohio. It is the leading FMCG in India and also produces cleaning agents like Tide and Ariel. This company also produces personal products, health care products, beverages, foods, and a lot more. It has a huge product line starting from Vicks, Ariel, Duracell, Tide, Oral-B, Ambi Pure, etc. This also reputed by the name “P&G”.
This is a leading producer of various products. This company manufactures Baby Food, Medical Food, Tea, Coffee, Breakfast, Dairy Products and also other 64 brands. Its headquarters are located in Gurgaon. In terms of generating revenue, it is the largest company.
IBM is a company which is an American-based technology and consulting corporation. This company’s headquarters are located near Bangalore. The full name of this company is International Business Machine Corporation. This has twelve (12) research laboratories. This group of laboratories is managed by efficient and expert employees. In 2015 this company was ranked the most valuable brand of the year.
4. Microsoft Corporation
The founder of the company is Bill Gates and some of his friends from college. This is an American company and is expert in technology and automation. Its headquarters are located near Gurgaon, Haryana. The company is known for developing and manufacturing, licensing, supporting and selling best personal computer inbuilt and computer software with reputed Microsoft Operating System. This company is famous for Internet Explorer, Microsoft Office Suite and edge web browser.
3. TATA Group
Tata group of industries was established by Jamsedji Tata. This company was founded in the year 1868. This company’s headquarters are located in Mumbai (Maharashtra). This organisation includes Tata Steel, Tata Motors, TCS, Tata Chemicals, Tata Power, Tata Global Beverages, Tata Chemicals, Tata Teleservices, Titan, Tata Communication, and Indian Hotel Companies. Its revenue is US$ 108.78 billion and the total number of employees is six lakhs.
2. Hewlett Packard (HP)
This is a giant company of Information and Technology which is American-based. This company’s headquarters are in Palo Alto, California. HP has been developing, producing and selling computer software services to their customers which include small scale industries, medium scale industries, and government bodies as well. This company’s headquarters are located in Bangalore, India. This company was founded by William Bill in a car garage. In the year 2014, this company announced to split the business of Personal Computers and Printers. This company’s present chief executive officer is Dion Weisler.
1. Sony Corporation
Sony Incorporation is a Japanese multinational company. Its headquarters are in Tokyo, Japan. This company is diversified and it deals with consumers and personal and professional electronic. It is the leading producer of electronic goods in India and many more countries throughout the world. The company produces electronic goods which are very easy to handle and simple to use.
In one word it is user-friendly and hence is loved by the users. This is a very popular company because of its large variety of products and easy availability. Its revenue is US$153.683 billion and total employees working for this house of production is one lakh thirty-one thousand and seven hundred. This company produces gaming and entertainment services for its consumers. Sony has got three hundred exclusive outlets and twenty-five branches present throughout India.
Starting from food, snacks, to technology and engineering services, these companies produce a lot of products which are easily available and are very easy for us to use. These companies have introduced us to the world of innovations. Before this, we were unknown to many facts that used to exist.
Technology is growing by the days and months passing and hence we are getting a lot more to know about. These multinational companies stated above are helping us with best possible ways and is also earning the revenue in an economical manner from the users. Consumers are satisfied with their productions and therefore has been rated in the top ten lists.
These are controlled by the efficient employees which make the firms worthy of being given the rank in the top ten list. These multinational companies are famous and well-known for its quality, quantity, and perfection in the products that it manufactures. These are the companies which are nowadays inspiring the youth to work hard and achieve great heights in lives and also for their countries.