A multinational Corporation MNC is a business unit that operates in various countries around the world at the same time. They have their offices established in many countries that help in the successful simultaneous operation of the parent company, in some cases the manufacturing unit may be in one country while the marketing, sales, and investment may be in the other.
MNC’s are basically multi-process and multi-product enterprises that aim at producing various fads under one banner and then sell them all around the world. These are giant business organizations that successfully trade beyond the country of origin through a chain of networks and great strategies.
There are about lakhs of MNC’s active in the world for instance Sony of Japan, Microsoft of USA, Samsung of Korea, ITC of India, etc. Primarily talking about India, we have seen a subsequent growth in the number of MNC’s in our country since independence. At present, there are about 40000 MNC’s in the country with around 50000 overseas affiliations. Let us have all these MNC’s that are proactive in our country and have successfully taken over the Indian market.
Let us have a look at the top 10 MNC’s in the Silicon Valley of India i.e. the city of Bangalore.
List of Best Mnc’s in Bangalore :
Table of Contents
MICROSOFT
Microsoft is an American software giant that is very famous for its windows operating system all around the world. The company is undoubtedly the largest and the MNC active in Bangalore having around eight offices in a single city already. They manufacture various software, applications, operating systems, mobile phones, etc. The company that was established in the year 1975 is also an IT partner with the Indian government and various state governments.
The total revenue of the company is $78 billion. Additionally, the company has a big labor force and the total number of employees working for Microsoft is around 97,000. It is indeed one of the largest MNC’s active not only in Bangalore but all around the world.
APPLE Inc.
This company needs no introduction. Founded by Steve Jobs back in the year 1977, Apple has turned out to be one of the world’s largest companies in the past years. It is an American MNC with around 50 units all around the world. The company is extremely popular for producing products like the iPhone, iPad, MacBook, etc. The Apple gadgets are highly popular for producing the best quality products all around the world.
Their electronics are famous for their great usability experience. The apple products are so famous that the iPhone has by now become one of the highest-selling products in the whole world. The company’s revenue is around $156 billion to $160 billion. The Apple task force includes around 80000 employees making it one of the top 10 MNC’s in Bangalore.
PROCTER & GAMBLE
Procter and Gamble is nothing but full form the famous P&G brand we would have often heard in various advertisements. All of us indeed use some of the P&G products in our day-to-day life. It is a big household brand in not only Bangalore but all over India. The main business line of the company is to produce consumer and personal care products and have various brands like Duracell, Pampers, Oral-B, Tide, etc.
Procter & Gamble has been active in the market for more than 70 years after it was established in the year 1837 in Ohio, USA. The company has a total number of 125,000 employees working for it. The total revenue of the company is $85 billion to $90 billion together making it one of the top 10 MNC’s in Bangalore.
SONY CORPORATION
Sony needs no introduction in India. Almost every second household in the country uses a Sony electronic gadget be it a TV, memory card, Play Station, etc. The company was established in Tokyo and has a Japanese origin. With the great quality of products it produces and the great customer service it provides, Sony has become one of the top companies in the whole world.
This particular company operates in the name of Sony India in our country and is the top producer of various electronic items like televisions, LEDs, LCDs, etc. Founded in the year 1946 the company’s revenue is $72 billion to $80 billion and it is listed as one of the top 10 MNC’s in Bangalore.
CITIGROUP
Based in Manhattan, New York, USA; Citigroup is a big name in the banking sector which was established back in the year 1821. The company was founded by Michael o Neil and Michael Corbet. It is a MNC in the banking sector whose core business deals with Credit cards, corporate business, investment banking, global wealth management, etc. the total revenue of Citigroup is $70 billion and has a massive task force of 260000+ employees. All of the great services that the company offers have made it one of the best and top 10 MNC’s in Bangalore.
IBM
IBM is another American multinational company that was founded in the year 1911 in New York, USA. The company is super active in the Indian market and has successfully allured many customers in the country. IBM is a leading and renowned producer of computer hardware and software in the world. The core business services of the company include IT and consulting services along with many computer hardware and software.
The company has a huge task force with a colossal number of employees working day and night to enhance the stance of the company. The total revenue of the company is $100 billion and this indeed makes IBM one of the top 10 MNC’s in Bangalore.
ACCENTURE
Accenture is a very famous company that is tagged as a mass recruiter in India, which recruits a large number of employees every year. The company is growing its business and services at an exponential rate in the Indian market. Accenture has its corporate office established in Ireland but has its development centers in 56 other countries.
The company is an IT-based company that offers various solutions in technology and other outsourcing and consulting services all across the world.
With around 275000 to 300000 employees, the company offers a portfolio of diverse services that it offers. Accenture offers its great services in various fields like data science, cloud services, and also in health management. The total revenue of the company is around $29 billion to $30 billion. All these services together have made Accenture one of the top 10 MNC’s in Bangalore.
PEPSICO
Do you really need any introduction to PepsiCo? Indeed not. PepsiCo is for sure the top company in a country of food lovers like India. Founded in the year 1965 by Donald Kendell and Herman Lay in New York City, USA, PepsiCo started its operations and services in India in the year 1989. The American MNC is one of the top beverage producers in the whole world.
This company gives employments to around 2, 00,000 Indians and have various brands like Pepsi, Kurkure, Lay’s, Slice, Tropicana, Quaker, 7up, etc. PepsiCo has a PAN India presence with almost 37 beverage units and 3 food units that have successfully become the taste of India over the years. With a revenue of $66 billion, the company is one of the top 10 MNC’s in Bangalore.
AMAZON
Amazon is the biggest online retailer in the whole world making its owner Jeff Bezos the richest man on the Earth. The company has launched its Indian operation in the year 2013 and since then has ruled the market. Apart from the great online retail services, the company even offers business consulting, cloud, outsourcing, and other online and internet services.
With an employee strength of 95,000 to 1, 00,000 the company offers the best of products and services to its customers and hence over the years has become the topmost MNC not only in the city of Bangalore but in the entire country. The total revenue of Amazon is $66 billion and counting.
HONEYWELL
Honeywell is a Fortune 100 company with a massive task force of 130,000 to 135,000 employees in total. The company is super active in the Indian market with seven manufacturing and five technology centers in India.
The core business of the company revolves around three key streams including Automation, Aerospace, and Control solutions. With total revenue of 439 billion to $40 billion, Honeywell is one of the top 10 MNC’s in Bangalore.
