Top Indian Brands Conquering the World: From Local to Global

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Top Indian Brands Conquering the World: From Local to Global
18 Mar 2024
3 min read

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India's economic landscape boasts a vibrant tapestry of companies that have not only flourished domestically but have also made significant waves on the global stage. From conglomerates spanning multiple sectors to innovative tech giants, Indian brands are leaving an indelible mark across the world. With a focus on market valuation and sectoral prowess, this article delves into the success stories of some of India's top brands that have transcended borders and emerged as global leaders.

In recent years, India has witnessed a surge in the emergence and growth of top-tier companies across various industries. These companies, fueled by innovation, strategic expansion, and a robust domestic market, have rapidly ascended to become prominent players on the global economic scene.

From the energy sector to information technology, from retail to finance, these brands exemplify India's entrepreneurial spirit and its ability to compete on a global scale.

Among these standout brands, Reliance Industries stands tall as a conglomerate with a diversified portfolio spanning energy, petrochemicals, retail, and telecommunications. Led by visionary entrepreneur Mukesh Ambani, Reliance has not only revolutionized India's business landscape but has also attracted significant international attention through strategic partnerships and ambitious ventures.

Similarly, the Tata Group, with its century-old legacy of excellence, has carved a niche for itself as India's most trusted business conglomerate, with a presence in diverse sectors ranging from steel to software.

In the realm of information technology, companies like Tata Consultancy Services (TCS) and Infosys have played pivotal roles in driving India's digital transformation and establishing the country as a global IT powerhouse.

These companies leverage cutting-edge technologies to provide innovative solutions to clients worldwide, thereby contributing to India's reputation as a hub for technology-driven innovation.

Furthermore, stalwarts like the State Bank of India (SBI) and HDFC Bank have reinforced India's position in the global financial landscape, offering a wide range of banking and financial services while adhering to the highest standards of customer service and reliability.

With each passing year, Indian brands continue to expand their footprint across the globe, showcasing the country's economic prowess and fostering innovation and growth on a global scale. As these brands continue to scale new heights, they exemplify India's journey from being a regional economic powerhouse to a formidable player in the global arena.

These Indian brands are redefining what it means to be "Made in India."

This article will help you understand how India is emerging as a major power in the global economic scenario.

A Look at India's Most Successful International Brands: Made in India, Loved Globally

1. Reliance Industries

Reliance Industries CEO: Mukesh D. Ambani

1958 Reliance Industries Year of Establishment: 1958

Reliance Industries is a big company working in many fields, which is known as a group company (conglomerate holding company) in India. It works in many sectors like energy, petrochemicals, textiles, natural resources, retail and telecom. Reliance is the largest company in India working successfully in so many sectors.

Some important facts about Reliance Industries:

In August 2019, Reliance had signed a major deal worth $15 billion with oil company Saudi Aramco. Under this agreement, Reliance was going to sell some part of its oil and chemical business to Saudi Aramco. But, this agreement came to a halt in 2021 due to the Covid-19 pandemic.

Big tech companies like Google and Meta (earlier Facebook) have also invested money in Reliance's Jio company.

Reliance and British company BP have together started a new fuel retailing company named Jio-bp. Jio-bp has introduced a special diesel which can provide up to 4.3% more mileage in vehicles.

Reliance Retail has collaborated with international designers to bring brands like Gap to the Indian market.

2. Reliance Retail

Reliance Retail, Mukesh Ambani's retail giant, is ranked number 1 in India. It wants to transform India's consumer market by rapidly opening superstores and increasing reach through digital mediums. Over the past decade, Reliance Retail has opened a large number of stores across the country while adding advanced e-commerce features through JioMart.

 What is behind the success of Reliance Retail?

  • Highest number of shops in entire India – more than 15,000!

  • Plan to increase the number of shops three times in the next 5 years

  • Bringing new technology in supply chain and home delivery

  • Grocery and electronics goods are now available online even in small towns through JioMart.

  • Aim to become the world's number 1 retail company by 2028

As more Indians are preferring to buy goods from large scale stores, Reliance Retail is providing good goods, affordable prices and convenience to the people by opening all types of shops from grocery stores to fashion shops. Jio's high-speed mobile network is also helping the growth of Reliance Retail.

Being a part of the lives of crores of Indian families every day, Reliance Retail inspires people to lead a better lifestyle and connect with the digital world. The ambitious plan of Reliance Retail shows that people even in remote areas of India will now be able to buy goods in a modern way. With its vision and dedication to execute it, Reliance Retail has emerged as India's top name.

3. Tata Group

Leading Tata Group Team

Ratan N Tata: Ratan N Tata was the chairman and one of the two promoter holding companies of the Tata Group. He held this post from 1991 to 2012. He was also leading major Tata group companies like Tata Steel, TC, Tata Motors, Indian Hotels and others.

Natarajan Chandrasekaran: Natarajan Chandrasekaran is the Chairman and Additional Director of the company. He joined the board of Tata Sons in October 2016 and was appointed as the company's chairman in 2017. He also holds the position of Chairman on the Board of several group operating companies, including Tata Steel, Indian Hotels Company Limited, and others.

The company's board of directors consists of N Chandrasekaran, Farida Khambatta, Venu Srinivasan, Ajay Piramal, Dr Ralf Speth, Bhaskar Bhatt, Harish Manwani and Saurabh Avarwal.

Tata Group is India's most trusted and diverse business group. It includes more than 100 companies, which work in many sectors like technology, manufacturing, materials and hotels. Companies like Tata Consultancy Services, Titan, Tata Motors and Taj Hotels have together been driving Indian industry forward for more than 150 years. It is also called the empire of "from salt to software".

The strength of Tata Group in numbers:

  • 28 Tata companies are listed on the stock exchange, accounting for 6.8% of the total market cap.
  • More than 30 companies do annual turnover of more than $100 million
  • The revenue of the entire group is more than 128 billion dollars
  • World-renowned companies like Jaguar Land Rover are also part of the Tata Group.
  • 66% shares of Tata Group's holding company are held by the charitable trust.

Tata Group is considered the most valuable brand of India. This shows that people trust Tata Group and Tata Group maintains high standards in every field. Tata companies, from steel plants to the country's first low-budget airline, have played a vital role in India's development and delivered quality products to markets around the world.

Tata Group is also known as an Indian brand abroad. Additionally, the Tata Group also embraces philanthropic principles such as community development and social justice since its founding. This strengthens trust with customers and opens the way for growth together with employees and partners.

Also Read: Top Fashion Brands: The Best Clothing Brands in the World

Tata Consultancy Services TCS

Tata Consultancy Services (TCS) is globally recognized in India's IT sector. In today's digital era when every sector is changing rapidly, TCS uses new technology to create state-of-the-art infrastructure for large institutions like banks, retail companies and hospitals. TCS, known for providing excellent service across the world, is working to take technology everywhere in India too.

See the strength of TCS in numbers:

  • India's largest IT services company, with annual revenue of more than $25 billion
  • Among the world's top 3 IT service brands
  • More than 6 lakh consultants are working on projects worldwide
  • Leading in bringing new technology in the fields of banking, agriculture, healthcare etc.
  • Pays special attention to teaching new technologies to its employees

TCS works directly with customers through its managers. These managers help in bringing digital things like artificial intelligence to cloud technology into companies. By combining knowledge created in India and services provided around the world, TCS drives digital adoption around the world.

Within India, programs like TCS' DigiPub teach computer fundamentals and technology understanding to the younger generation. It not only helps people to progress but is also important for the development of the entire country. In this way, TCS prepares digital experts for the future of India while also providing the technology solutions needed today.

4. Life Insurance Corporation of India (LIC)

Life Insurance Corporation of India (LIC) is India's largest and most trusted insurance company. It secures the economic future of millions of Indian families and businesses. LIC has become an important institution of modern India due to its risk protection products that provide stability to people in the society.

Life Insurance Corporation of India (LIC) was established in 1956 by the Government of India after the nationalization and merger of 245 private insurance companies. Today, LIC has a huge customer base spread across the country. To serve these customers, LIC has more than 13.5 lakh agents, 1580 satellite offices, 2048 branch offices, 113 divisional offices, eight regional offices and one central office.

The government had launched LIC's IPO in May 2022. In this IPO, the government had sold 22.13 crore shares, the total value of which was more than Rs 21,000 crore. This is 3.5 percent of the total stake of LIC.

LIC According to statistics LIC:

  • Holds approximately 70% share in India's life insurance market
  • More than 28.5 crore insurance policies are issued across the country.
  • Manages more than $500 billion in assets
  • More than 11 lakh insurance agents serve customers
  • More than 7,000 branches across India

LIC has strong relationships with people and communities, which has led to continued growth based on trust. As India's middle class is growing, so is the awareness of insurance and the market opportunity for LIC.

An important Finance Minister of India once said that LIC "makes you realize the value of your life." This vision strengthens the brand that has secured the future of the past and present generations as well as contributed to the nation building of India.

5. Infosys

Infosys is a worldwide renowned company in the Indian information technology sector. It is a leading services and consulting company that helps large organizations around the world transform in the digital world. Infosys has made India a hub for highly skilled IT professionals.

In today's time, this company is also gaining expertise in Artificial Intelligence, Cloud Platform, User Experience and other important technologies.

Infosys is a well-known international company that specializes in providing next-generation digital services and consulting. This company helps customers from 46 countries to move forward in the digital world. Infosys' market value is very high due to its operations and worldwide expansion.

An interesting fact here is that Akshata Murthy, wife of British Prime Minister Rishi Sunak, is the wife of Infosys co-founder N. R. Narayana Murthy's daughter and has a 0.9 percent stake in the company.

Recently, Infosys has signed a big agreement worth one and a half billion dollars with global energy company BP. Under this agreement, Infosys will work to develop, manage and maintain various applications of BP.

If you look at the offices of big companies around the world, Infosys dominates there.

Some special things that make Infosys an industry leader are:

  • More than 2 lakh 50 thousand employees who work in engineering, digital services and consulting
  • 86 out of the world's top 100 banks are Infosys customers.
  • 45% of the company's earnings come from new software platforms and digital projects
  • Many innovation hubs have been opened to work on new technologies like Artificial Intelligence and Cyber Security.
  • One of the fastest growing IT services brands

Infosys showcases its technological prowess by emphasizing knowledge-based change. This company is no longer just a company providing remote customer support but today plays an important role in providing solutions that run banking, insurance, retail and communication systems. Infosys is an Indian brand that has built trust around the world and is today leading the growth in the digital world.

6. State Bank of India (SBI)

State Bank of India (SBI) is the largest public sector bank in the country spread across India. This bank fulfills the needs of every class of people and strengthens the economy of the country. Thanks to its far-reaching and reliable retail banking services, SBI has become one of India's most trusted and valued modern brands.

The history of State Bank of India (SBI) dates back to the first decade of the 19th century. At that time, Bank of Calcutta was established in the year 1806, which was later known as Bank of Bengal. After this, in 1921, a new bank was formed along with Bank of Bombay and Bank of Madras, which was named "The Imperial Bank of India".

Then in 1955, under the State Bank of India Act, "The Imperial Bank of India" was changed to State Bank of India (SBI). It is worth noting that earlier the Reserve Bank of India (RBI) had ownership rights in SBI, but being the institution that makes banking rules, to prevent any kind of conflict between RBI and SBI, the Government of India took ownership of SBI. Took over the shares of RBI.

Let us see how big and widespread SBI is:

  • The world's largest commercial bank, with over 24,000 branches across India
  • Holds more than 30% market share in the entire Indian banking industry
  • Handles millions of personal accounts, small business accounts and corporate accounts
  • Manages total banking assets of over $500 billion
  • YONO is rapidly adopting digital transformation with omnichannel platform

SBI extends an unparalleled banking network, from rural towns to metros. Additionally, the bank is also in sync with modern digital payment systems, online portals and mobile apps tailored to India's needs. Adoption of low-cost Aadhaar biometric cards and real-time payments modernizes services and builds trust.

SBI is known for providing banking services to people from every section of the society, throughout their life. The bank understands the regional needs well and promotes financial inclusion through appropriate technologies. With better analytics and electronic integration, SBI combines old and new ways to deliver trusted and basic banking services to over a billion Indians.

7. Airtel

Airtel is one of the most famous and important brands in India as nowadays internet connection has become an important part of our work, life and business. It is India's largest mobile network operator and is also expanding its business in Asia and Africa.

Airtel is a large telecom company operating in 18 countries in Asia and Africa. It provides calling and internet services for mobile phones, landline, high-speed broadband, IPTV, DTH and special services for companies. Airtel's market capitalization shows that it has a very strong network and a lot of customers. Now Airtel, in collaboration with Google's parent company Alphabet, is trying to provide fast internet in the villages of India by using laser technology.

Some information about how big a company Airtel is:

  • Africa's second largest mobile network company, with more than 120 million customers
  • Number two company in fixed broadband market in India
  • Earned more than $5 billion from mobile services last year
  • It is investing $7 billion to increase the coverage and capacity of 4G network.
  • Important role in making smartphones affordable and providing cheap internet data

Airtel promotes digital progress in sectors such as education, finance and e-governance by facilitating mobile internet access and promoting internet usage across the country. Still many people in India do not have internet facility, so Airtel is trying to add more and more customers by providing data and feature phones at low prices.

Airtel is trying to provide internet even to remote villages at low cost, due to which it will become a visible brand everywhere in the future. Airtel is considered one of the most important business organizations in India due to its strong financial position and investments to improve its network.

8. HDFC Bank

Current HDFC Bank CEO: Sashidhar Jagdishan

HDFC Bank Year of Foundation: 1977

HDFC Bank is considered to be one of the most trusted and strong private banks in India. For many years, HDFC has been providing trusted retail banking and business financial services with modern digital facilities.

Some important facts about HDFC Bank:

  • Over 6,500 branches in 2,888 cities and towns across India
  • More than 6 crore total customers
  • Annual net income of more than 15 billion dollars
  • Big role in giving car, home and personal loans
  • Very popular in using mobile and internet banking

HDFC Bank has built its market leadership position through excellent customer service, innovative digital features and an ever-expanding branch network. With more and more Indians joining the banking system, it bodes well for HDFC to grow rapidly in the future.

By investing in its strong data analytics and automation, HDFC Bank is also known as an innovative brand driving India's fintech sector forward. Thanks to its strong reputation and best practices, HDFC Bank is one of the top brands in India.

9. HCL Technologies

HCL Technologies is an Indian multinational company that provides engineering, IT and business process outsourcing services to companies around the world. Its skilled technical team delivers these services in the best possible manner.

Some important things about HCL Technologies

India's leading IT services company with 39 years of experience

  • Manages IT infrastructure of approximately 250 large global companies
  • More than 1 lakh 80 thousand employees in 52 countries
  • Considered a leader in digital engineering and cloud adoption
  • Annual income is $11.48 billion, which is 17% more than last year.

HCL has built trust in India's services export sector through its strong capability to operate across the globe. Working with big international companies, HCL Technologies is known as a strong brand in the field of technology.

10. Maruti Suzuki

Maruti Suzuki has led the automotive revolution in India for decades by delivering affordable, efficient and fuel-efficient vehicles and has established itself as the country's No. 1 carmaker.

Some important facts about Maruti Suzuki:

About 45% share in Indian car market

  • Best selling cars like Swift, Baleno, Dezire and Alto
  • 2 car models included in India's top 10 exports (S-Presso, Baleno)
  • The car market is also expanding in Africa and ASEAN countries.
  • World leader in small and eco-friendly vehicles
  • Maruti Suzuki has built a strong and trusted brand by working closely with partners and keeping in mind the needs of Indian customers.

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