INDIAN MNC’S : INDIAN MNC’S Summary : Summary Mutinational Company : Mutinational Company Multinational companies are the organizations
enterprises that manage production or
offer services in more than one country. Why do mutinational companies consider India as the preferred destination for business? : Why do mutinational companies consider India as the preferred destination for business? Huge market potential of the country
Macro-economic stability Multinational Companies in India : Multinational Companies in India The following are the Indian MNC’s categorized on sectoral basis :
Manufacturing industry AUTOMOBILE INDUSTRY : AUTOMOBILE INDUSTRY TATA MOTORS : TATA MOTORS India’s biggest maker of trucks and buses has a tie-up with Fiat to jointly invest $895 million to develop and roll out passenger cars in India’s fast-growing auto market
The automaker is a key unit of the Tata Group, one of India's biggest and most powerful diversified conglomerates with some $36 billion in assets. Key globle features of Tata motors : Key globle features of Tata motors Sales in 2008-09 Rs.27535.24 cr
Other income in 2008-09 Rs.245.19cr
Net profit in 2008-09 Rs.1913.46 cr
Total share capital is Rs.385.54cr
Offices in 60 countries
Manufacturing facilities in Dharmar,Pune , Lucknow, Jamshedpur, Malaysia, South Korea.
Workforce in India :22,254
Workforce outside India : 40
Overseas acquisition : DCVC South Korea. BHARAT FORGE Ltd. : BHARAT FORGE Ltd. It’s a manufacturer of steel forgings and auto part such as crank shafts for trucks, which it supplies to global automakers like DaimlerChrysler and General Motors.
The company is one of India’s emerging multinationals with manufacturing operations in Germany, Sweden, Scotland, the U.S., and China. Key globle features of BFL : Key globle features of BFL Sales in the year 2007-08 Rs.2196.50cr
Net profit in 2007-08 Rs.273.59cr
Other income is Rs.88.40cr
Offices in India, USA, Germany and China.
Manufacturing facilities in Mundhwa, Chakan and Satara
Workforce in India : 3800
Workforce outside India : 800
Overseas acquisition: Carl Dan paddinghaus GmbH, Germany. INFOTECH INDUSTRY : INFOTECH INDUSTRY INFOSYS TECHNOLOGIES LTD. : INFOSYS TECHNOLOGIES LTD. It is India’s second-biggest software company and a major IT consulting firm that generates 60% of its sales in the U.S. Market
The Bangalore-based company is expanding quickly into Europe to customize software applications and manage computer networks
Even so, it’s an earnings high-achiever: Third-quarter profits shot up 50%. Key globle features of Infosys : Key globle features of Infosys Sales in the year 2007-08 Rs.15648 cr
Net profit in 2007-08 Rs.4470.00 cr
Other income is Rs.683cr
30 marketing Offices in India,USA, Germany, China, UAE, Canada, Singapore, Japan,Hong Kong, UK, Belgium, Sweden ,France, Switzerland & Netherlands.
Manufacturing facilities : 26 globle development centers located in India, Canada, UK, US, Austrailia, Japan.
Workforce in India : 25634
Workforce outside India : 5865
Number of nationalities in workforce:33
Overseas acquisition:Expert information services Pte. Ltd.(Australia). WIPRO LTD. : WIPRO LTD. India’s third-biggest software company and IT consulting firm is on an earnings tear, with fourth-quarter profits up 40% to $169 million
Wipro spent more than $250 million on acquisitions at home and in foreign markets such as Sweden and Finland, and the company’s billionaire chairman, Azim Premji, says he wants to do bigger deals in the years ahead to boost economies of scale and to lower costs. Key globle features of Wipro : Key globle features of Wipro Sales in the year 2007-08 Rs.13679.60 cr
Net profit in 2007-08 Rs.2842.10 cr
Other income is Rs.273.10cr
Offices in India,US, Europe ,japan& other countries in the Asia-pacific region.
Seven Manufacturing facilities
Workforce in India : 55,639
Workforce outside India : 4773
Number of nationalities in workforce:18
Overseas acquisition:AMS,Ericsson & NerveWire. TCS : TCS TCS is the largest provider of information technology and business process outsourcing services in India.
TCS has over 143,000 of the world's best trained IT consultants in 42 countries.
Revenue of $6.0 billion (fiscal year ending 31 March, 2009). Key globle features of TCS : Key globle features of TCS ENERGY INDUSTRY : ENERGY INDUSTRY RELIANCE INDUSTRIES LTD. : RELIANCE INDUSTRIES LTD. Reliance Industries Limited is India's largest private sector conglomerate (by market value) , with an annual turnover of US$ 35.9 billion and profit of US$ 4.85 billion for the fiscal year 2008 making it one of India's private sector Fortune Global 500 companies,being ranked at 206th position (2008)
In September 2008, Reliance Industries was the only Indian firm featured in theForbes's list of "world's 100 most respected companies" Key globle features of RIL : Key globle features of RIL ONGC : ONGC ONGC the largest public sector undertaking in India has ranked 152 in the list of Forbes Global 2000.
Oil and Natural Gas Corporation Limited ( ONGC India) is considered Asia's best Oil & Gas company . It ranks as the 2nd biggest E&P company (and 1st in terms of profits), as per the Platts Energy Business Technology (EBT) Survey 2004. " Key globle features of TCS : Key globle features of TCS PHARMACEUTICAL INDUSTRY : PHARMACEUTICAL INDUSTRY Dr. REDDY’S LABS : Dr. REDDY’S LABS This high-flying drug company, India’s third largest, reported a tripling of net income to $42.5 million in the fourth quarter and specializes in selling and exporting versions of blockbuster drugs developed by other companies such as Bayer and Merck at much lower prices.
Its generic business in the U.S.,the world’s biggest pharmaceutical market, is sizable, and some 86% of its global sales come from outside Key globle features of Dr. Reddy’s Labs : Key globle features of Dr. Reddy’s Labs RANBAXY LABS : RANBAXY LABS Ranbaxy Labs is one of the world’s top 10 generic pharmaceutical companies.
Incorporated in 1961, Ranbaxy exports its products to 125 countries with ground operations in 46 and manufacturing facilities in seven countries. The company went public in 1973, and Japanese company Daiichi Sankyo gained majority control in 2008. Key globle features of Ranbaxy Labs : Key globle features of Ranbaxy Labs MANUFACTURING INDUSTRY : MANUFACTURING INDUSTRY HINDALCO LTD : HINDALCO LTD Hindalco Industries is India's largest Aluminium manufacturing Company and is a subsidiary of the Aditya Birla Group. It is run by one of the world's youngest billionaires, Mr. K.M. Birla.
Hindalco, Rs.5492 cr company is a major producer of aluminium & copper with globle reach &competitivness. In 2003 company acquired two copper mines in Australia. Key globle features of Hindalco Limited : Key globle features of Hindalco Limited Sales in the year 2007-08 Rs.19201.00cr
Net profit in 2002-03 Rs.2320.20 cr
Other income Rs.492cr
Total share : 122.65cr
Offices in India and Australia
Manufacturing facilities: Renukoot, Renusuger, Dehej, Hirakund, Belur, Belgaum, Alupuram & Australia.
Workforce in India : 13752
Workforce outside India : 525
Overseas acquisition: Nifty copper mines and mount golden copper mine in Australia. STEEL AUTHORITY OF INDIA(SAIL) : STEEL AUTHORITY OF INDIA(SAIL) SAIL has ranked 582 in the Forbes Global 2000 list. SAIL is the leading steel-making company in India. It is a fully integrated iron and steel maker, producing both basic and special steels for domestic construction, engineering, power, railway, automotive and defence industries and for sale in export markets. Key globle features of SAIL : Key globle features of SAIL TATA STEEL : TATA STEEL Tata Steel (BSE: 500470), formerly known as TISCO and Tata Iron and Steel Company Limited, is the world's sixth largest steel company, with an annual crude steel capacity of 31 million tonnes. It is the largest private sector steel company in India in terms of domestic production
Ranked 258th on Fortune Global 500, it is based in Jamshedpur, Jharkhand. Key globle features of SAIL : Key globle features of SAIL MNC’S : MNC’S MERITS
Removal of monopoly
Promotes exports and reduce imports
Cheaper price of goods due to economies of scale.
Encourages world unity and Peace. DEMERITS
Shift to outsourcing
Poorer countries suffer
Loss of economic sovereignity
Problem of dumping