This post was most recently updated on July 24th, 2021
Mumbai is known as the financial, commercial, and entertainment capital of India. It is also the seventh most populous city in the world. It includes renowned companies like LIC, NSE, Tata Group, SBI, Godrej, RBI, BSE, SEBI, Reliance, and Larsen & Toubro. Mumbai is a home to famous billionaires, millionaires, TV & film stars, and business tycoons. It is also well-known for its heritage sites, art buildings, natural harbors, and multinational corporations. So, let’s take a look at the top 10 MNC’s in Mumbai.
List of Best MNC’s in Mumbai :
Cadbury, formerly known as Cadbury Schweppes, is a British multinational confectionery company functioning in Uxbridge, London, since 1824. John Cadbury is the founder of the company that is currently under the ownership of Mondelez International. Dirk Van de Put (CEO) is efficiently managing the organization and supporting more than 72000 employees. It has business spread in more than 50 countries worldwide and is the second-largest confectionery corporation after Mars.
In 1948, the company opened its subsidiary in India, having its headquarters in Mumbai as Cadbury India. Anand Kripalu is the managing director of the Indian branch and supports more than 2000 employees. The company has various offices in Pune, Delhi, Gwalior, Chennai, Kolkata, Bangalore, and Himachal Pradesh. Some of its popular products include Bournvita, Perk, and 5-Star, Oreo, Éclairs, Caramel, Heroes, Crunchie, Gems, and Dairy Milk Silk. In addition to this are Jelly Babies, Picnic, Fudge, Crème Egg, Curly Wurly, Bourneville, Pebbles, and Double Decker.
Deloitte Haskins & Sells, popularly known as Deloitte, is a multinational accounting and tax consulting corporation. It came into existence in 1845 through the vision of William Welch Deloitte. Sharon Thorne (Chairperson) and Punit Renjen (CEO) are currently managing the company from its headquarters in London, England, and supporting 334800 employees. Deloitte is one of the Big Four accounting organizations and has the largest professional services network in the world.
The company also has its subsidiary in India called Deloitte India, operating from its headquarters in Mumbai since 1990. It offers various IT, Audit, GovLab, Consulting, Assurance, Taxation, Legal & Management, and Risk & Financial Advisory services. It also ranks 21st on the Fortune500 list of companies and are the top-most consulting company in the world. Deloitte is also the official sponsor of the Royal Opera House, Invictus Games, and the US Summer & Winter Olympics.
JOHNSON & JOHNSON
Johnson & Johnson is a popular consumer goods and healthcare products manufacturing company. It started in the year 1886 through the joint efforts of Robert Wood, James Wood, and Edward Mead Johnson. It has its headquarters in New Brunswick and New Jersey and involves Alex Gorsky (CEO), Paul Stoffels (CSO), and Joaquin Duato (Vice-Chairman). Some of its well-known subsidiaries include Janssen Biotech, Cilag, Vision, Crucell, Tibotic, Ethicon Inc, Acclarent, Pharmaceutica, and McNeil Consumer.
Johnson & Johnson also specializes in Immunology, Oncology, Tuberculosis, Neuroscience, Orthopaedics, Oral & Skin Care, Cardiovascular, and Pulmonary Hypertension.
J&J India is its subsidiary company operating from its headquarters in Mumbai since 1947. It supports more than 6040 employees and focuses on Pharmaceuticals, Medical Devices, Consumer Healthcare, and Public Awareness. The healthcare company is well-known because of its famous products like Johnson’s Baby Powder, Band-Aid, Stayfree Sanitary napkins, Clean & Clear, Neutrogena, and Acuvue contact lenses. It also operates the Ethicon Institute of Surgical Education, Drug Testing Center at Mulund, and Greenfield facility in Telangana.
The Coca-Cola Company is a multinational beverage corporation existing since 1892 in Atlanta, Georgia. John Stith Pemberton and Asa Griggs Candler co-founded a company that supports more than 86200 employees. James Quincey (CEO) and Brian Smith (COO) are currently managing the company that involves manufacturing and retailing non-alcoholic beverages. It is one of the largest producers of plastic waste in the world.
The company also has its subsidiary operating in India as Coca-Cola India since 1993. The MNC has its headquarters in Gurgaon and supports more than 25000 employees. It offers a variety of soft drinks, break mate, Glaceau, Green Tea, and Healthy beverages. Some of its variants include Diet Coke, Coca-Cola Cherry, Coca-Cola Life, and Coca-Cola Citra. It also produces popular drinks like Fanta, Sprite, Minute Maid, Nestea, PowerAde, Fruitopia, Enviga, Chaqwa, Far Coast, and Dasani Water.
The CITI Group is an American multinational banking corporation existing since 1902 in Manhattan, New York. Sanford Weill and Samuel Osgood co-founded a company that supports more than 210000 employees. Jane Fraser (CEO) and John C. Dugan (Chairman) are currently managing the company that is the third-largest banking institution in the USA. It also ranks 33rd on the Fortune500 list of companies.
CITI Group has its subsidiary operating in India as Citibank since 1998. It functions from Mumbai and involves Ashu Khullar (CEO) and Pramit Jhaveri (VC). The company has branches in Chennai, Gurugram, Chicago, San Francisco, Los Angeles, and Washington DC. Services: debit cards, credit cards, loans, investments, insurance, and NRI banking facilities. The company also assists in various retail banking, capital market, transactional security, and risk management. Since 15th April 2021, Citibank has stopped all consumer banking-related operations in India.
International Business Machines Corporation, popularly known as IBM, is an American multinational technology company existing since 1911. The company has its headquarters in Armonk, New York, and is spread in more than 177 countries worldwide. Charles Ranlett Flint is the founder of IBM and involves Arvind Krishna (CEO) and Jim Whitehurst (President) in the management team. IBM specializes in providing services like cloud computing, computer software, computer hardware, outsourcing, and artificial intelligence. It also excels in data analytics, cognitive computing, IT security, and the Internet and Things.
IBM also has its subsidiary called IBM India Private Limited that has its headquarters in Bangalore, Karnataka. IBM India operates its business through various service research centers spread all over India. It has offices in Mumbai, Ahmedabad, Bengaluru, Chennai, Delhi, Pune, Noida, Kochi, Kolkata, Hyderabad, and Bhubaneswar. Some of the frameworks have also received global recognition, like ISL, IRL, LTC, GBS, GTS, S&D, ITS, and GBSC.
The company has divided its business into four sections: IBM mainframe, IBM Web Sphere, IBM FlashSystem, and IBM Rochester. Some of its inventions include floppy disk, hard disk drive, ATM, SQL, RISC, DRAM, electronic keypunch, UPC, magnetic stripe card, and SABRE airline reservation system. The company has a record of supporting more than 345000 employees, 70% of which come from outside the USA. Services include IBM Cloud, ICDES, Alpha Works, Kenexa suite, SPSS software, BrassRing, and Weather Underground. It also offers AI Learning, Block chain, Analytics, Automation, Business operation, Software development, and Mobile technology.
Hewlett-Packard, popularly known as HP, is an American multinational IT corporation. It came into existence in 1939 through the joint efforts of Bill Hewlett and David Packard. The company has its headquarters in Palo Alto, California, and is well-known for producing hardware and software components. It serves consumers, healthcare, commercial, educational, government, and small & medium level businesses. It also grants a safe working environment for its employees, emphasizes sustainability index, and encourages LGBTQ equality.
The company also has its subsidiary in India called HP India, operating from its headquarters in Bangalore. It manufactures various products like printers, digital cameras, calculators, computers, laptops, scanners, servers, and gaming equipment. The company also offers Data storage, computation, networking, security, artificial intelligence, deep learning, virtualization, and the Internet of Things. HP has a strong team of 17000+ experts that engage with more than 55000 customers worldwide, offering them top advisory and professional services.
Sony Corporation, formerly known as Tokyo Tsushin Kogyo Ltd, came into existence in 1946. Masaru Ibuka and Akio Morita jointly formed the Japanese multinational company, having its headquarters in Tokyo, Japan. The company has its subsidiary in India called Sony India Pvt Ltd, operating since 1994. Sunil Nayyar manages 900+ employees working in the consumer electronics company from its headquarters in New Delhi.
Sony has 25 branches and 300 outlets in Mumbai, Chennai, Jaipur, Kolkata, Pune, Indore, Kochi, Ranchi, Gurgaon, Nagpur, Ludhiana, Ahmedabad, and Bangalore. The company offers various products like Digital Cameras, Mobile Phones, Game Consoles, Business Projectors, and Home Theatres, LCD TVs, and Audio/Video accessories. It also provides Banking, Insurance, Networking, Advertising, Credit Financing, and Imaging Solutions.
Microsoft Corporation is a leading American multinational technology company existing since 1975. Bill Gates and Paul Allen co-founded the company that has its headquarters in New Mexico, USA. The best information technology companies include Google, Apple, Amazon, and Facebook. It specializes in consumer electronics, computer software, web browsers, operating systems, and video game consoles.
Microsoft offers Windows, Servers, Office, Skype, Xbox, Surface, Dynamics, and Visual Studio. Bing, LinkedIn, Office365, GitHub, MSDN, Outlook.com, TechNet, One Drive, and Microsoft Store.
The American MNC company also has a subsidiary operating in India called the Microsoft India Pvt. Ltd. Bhaskar Pramanik (Chairman) manages the company from its headquarters in Hyderabad and supports 8000+ employees. It has offices in 11 cities, including Mumbai, Pune, Kochi, Kolkata, Delhi, Chennai, Ahmedabad, and Bangalore. The company has six business divisions like Microsoft India R&D, MSR India, MSGD, MCIPL, IGTSC, and MSIT India. It also has the largest Microsoft India Development Center in Redmond, Washington.
Jeff Bezos founded an American multinational e-commerce company in 1996, having its headquarters in Seattle, Washington. The management team of Amazon includes Jeff Bezos (Chairman), Andy Jassy (CEO), and Brian Olsavsky (VP). It specializes in cloud computing, artificial intelligence, entertainment, digital distribution, and self-driving cars. The company offers more than 20 million products divided into various categories. Some of these include books, home appliances, cleaning & household, fashion & beauty, electronics, and groceries.
Amazon.com, Inc owns more than 40 subsidiary companies under its jurisdiction. Popular among them are A9.com, Audible.com, Brilliance Audio, ComiXology, CreateSpace, Goodreads, Junglee, Twitch, Shelfari, and Health Navigator. It also allows its users to book train & flight tickets, pay all utility bills, recharge devices, and send or receive money. Some of its exclusive membership services include Amazon Prime, Echo, Amazon Music, Fire OS, Amazon Alexa, Fire Tablet, Kindle, and Amazon Prime Video. Amazon has various fulfillment centers in France, Spain, Scotland, Germany, Japan, and Georgia that support over 125000 employees.
A multinational company, popularly known as MNC, is a corporate organization that manufactures and sells its products in many countries. The corporation has its headquarters in one region known as the Parent Organization, from where it controls its business. It also has various subsidiaries and offices in different countries worldwide. It aims to import and export goods, earn foreign investment, and engage in contract manufacturing. MNC’s are a great way to increase the production, sales, revenue, and foreign investment of any country.