Tag: conglomerate

  • List of Top MNC Companies in India

    India has been a hub for international businesses for several decades, and the presence of multinational companies has played a crucial role in boosting the country’s economy. The Indian market offers a vast consumer base and a skilled workforce, making it an attractive destination for MNCs to set up shop. In recent years, the Indian economy has seen significant growth, and several multinational corporations have contributed to this growth through their success in various sectors. Indian MNC companies are expanding rapidly across global markets, showcasing the strength and innovation of India’s corporate sector.

    In this article, we will take a closer look at the top 26 successful multinational companies in India that have made their mark in the Indian market.

    Top Multinational Companies In India

    S.No Company Industry Headquarters Founded Year
    1 Tata Group Conglomerate Mumbai 1868
    2 Aditya Birla Group Conglomerate Mumbai 1857
    3 Infosys Information Technology Bengaluru 1981
    4 HCL Technologies Information Technology Noida 1976
    5 Wipro Information Technology Bengaluru 1945
    6 Google India Technology Bengaluru 2004 (India)
    7 Amazon India Retail/ECommerce Bengaluru 2013 (India)
    8 Apple India Technology Bengaluru 2011 (India)
    9 Microsoft India Technology Hyderabad 1990 (India)
    10 Nestle India Food and Beverage Mumbai 1959
    11 IBM IT and Consumer Behavior Mumbai 1992 (India)
    12 Coca-Cola Beverage Delhi 1993 (India)
    13 Hindustan Unilever FMCG Mumbai 1933
    14 Toyota Automobile Bengaluru 1997 (India)
    15 LG Consumer Electronics Delhi 1997 (India)
    16 Citi Bank Financial Services Mumbai 1902 (India)
    17 HP Information Technology Bengaluru 1989 (India)
    18 Sony Consumer Electronics Delhi 1994 (India)
    19 Samsung Consumer Electronics Delhi 1995 (India)
    20 DHL Logistics Mumbai 1979 (India)
    21 Adidas India Sportswear Gurugram 1996 (India)
    22 Mercedes Benz India Automobile Pune 1994 (India)
    23 Panasonic Consumer and Industrial Electronics Gurugram 1972 (India)
    24 Procter and Gamble FMCG Mumbai 1964 (India)
    25 PepsiCo Consumer Staples Gurugram 1989 (India)
    26 Cognizant Information Technology Chennai 1996

    Tata Group

    Company Name Tata Group
    Founder Jamsetji Tata
    Founded 1868
    Revenue $165 billion (2024)
    Number of Employees 10,28,000 (FY 2023)

    When it comes to multinational companies in India, the Tata Group is a name that needs no introduction. Founded in 1868 by Jamsetji Tata, the company has been a symbol of trust and reliability in the Indian market for over a century.

    With a presence in 100+ countries across six continents, the Tata Group has established itself as a global player in various sectors, including steel, automotive, hospitality, and more. Their headquarters is in Mumbai, and the group employs over 9,00,000 people worldwide, making it one of the largest employers in India. It is one of the top 10 MNCs in India.


    List of All the Companies Owned by Tata Group 2022
    Tata Group of industries is an Indian multinational conglomerate founded by Jamshedji Tata. Here’s a list of all companies owned by Tata Group.


    Aditya Birla Group

    Company Name Aditya Birla Group
    Founder Seth Shiv Narayan Birla
    Founded 1857
    Revenue $65 billion (2024)
    Number of Employees 187,000 (2024)

    Aditya Birla Group is a global conglomerate that operates in 36 countries in North and South America and Africa. Seth Shiv Narayan Birla founded this company in 1857. Over 140,000 employees are a part of this ever-growing company. The company is headquartered in Mumbai. It is one of the top 5 MNC companies in India.

    We all famously know Aditya Birla Group for its subsidiary company UltraTech Cement Limited, which is the largest manufacturer of cement in India.


    Salary of Top CEOs in India: The Highest Paid CEOs
    India’s top executives earn staggering salaries. Discover the CEO salary in India and explore the impressive salaries of the highest-paid executives.


    Infosys

    Company Name Infosys
    Founder N.R Narayan Murthy, Nandan M. Nilekani, S. Gopalakrishnan, S.D. Shibulal, K. Dinesh, N.S. Raghavan, Ashok Arora
    Founded 1981
    Revenue $18.6 billion (2024)
    Number of Employees 3,17,240 (2024)

    Infosys Limited is an Indian multinational information technology company that provides a wide variety of services like business consulting, innovative IT solutions and outsourcing services. It is the 2nd largest IT company, which was founded in 1981. It operates in 50+ countries and has 3 lakh employees working for them. It is one of the top 10 MNC companies in India.


    Top 10 Indian MNCs: Founded in India, Succeeding Globally
    Explore the inspiring journey of the top 10 multinational companies founded in India. See how these homegrown brands expanded globally and shaped the international business landscape.


    HCL Technologies

    Company Name HCL Technologies
    Founder Shiv Nadar, Arjun Malhotra
    Founded 1991
    Revenue $13.4 billion (2024)
    Number of Employees 2,27,481 (2024)

    India has seen the rise of several successful multinational companies over the years, and HCL Technologies is undoubtedly one of them. Founded in 1991 by Shiv Nadar and Arjun Malhotra, HCL Technologies (Hindustan Computers Limited) is an Indian multinational company that has made its mark in the global market. The company focuses on IT and Business Services (ITBS), Engineering and R&D Services (ERS), and Products and Platforms (P&P). HCL Technologies is top 5 MNC companies in India.


    How to Start and Grow Software Company in India – Guide
    Explore the booming software and IT industry in India and learn the crucial steps and effective strategies to start a software company in India.


    Wipro

    Company Name Wipro
    Founder M.H. Hasham Premji
    Founded 1945
    Revenue INR 898 billion (2024)
    Number of Employees 2,56,000 (2024)

    Wipro is an Indian multinational company that is globally known for its IT services. The company provides an array of services like robotics, cloud, cognitive computing, hyper-automation, and analytics. Wipro also focuses on consulting and outsourcing. The headquarters of Wipro is in Bengaluru. It is one of the top 10 MNC companies in India.


    List of 118 Unicorn Startups in India | Top Unicorns in India
    India has already seen 118 unicorn startups. Here’s an exhaustive list of all unicorn companies in India, including those that joined the unicorn club in 2025.


    Google India

    Company Name Google India
    Founder Larry Page, Sergey Brin
    Founded 1998
    Revenue $237.8 billion (2023)
    Number of Employees 1,82.381 (2023)

    Google needs no introduction. Google India Pvt Ltd is a subsidiary of Google Inc., which was founded in 2003. More than 1 lakh employees are working for this company.

    Google, one of the prominent MNC companies in India, has established its presence with offices in Hyderabad, Bangalore, Gurgaon, and Mumbai. It is one of the top 10 multinational companies in India.

    Amazon India

    Company Name Amazon India
    Founder Jeff Bezos
    Founded 1994
    Revenue INR 22,198 crore (2023)
    Number of Employees 1,25,000 (2023)

    Another company where a lot of people want to work is Amazon India Pvt Ltd. The aim of this company is to make the experience of buying online smoother and faster.

    The company is thinking from the perspective of the Indian audience and solving unique problems like providing opportunities for small retailers to sell online, regional discovery, fast delivery in small towns, reliable payment options and much more. Apart from e-commerce, the company also focuses on digital streaming, cloud computing, machine learning and AI. It is one of the top 20 MNC companies in India.


    The Business And Revenue Model Of Amazon
    Amazon is expected to generate $491 bn from Ecommerce by 2027 whereas its AWS could hit $100 bn in 2023. Here’s complete information about Amazon’s Business Model.


    Apple India

    Company Name Apple India
    Founder Steve Jobs, Steve Wozniak, Ronald Wayne
    Founded 1976
    Revenue $8 billion (2024)
    Number of Employees 5,00,000 (2024)

    The influence of multinational companies in India can be seen in various sectors, including technology. One such company that has made a mark in the Indian market is Apple India, a subsidiary of the global tech giant Apple Inc. Incorporated in 1996, Apple India has been a prominent player in the Indian smartphone and computer market. It is one of the top 10 multinational companies in India.


    Key Acquisitions by Apple: Driving Innovation and Success
    Apple has made 12 investments and 107 acquisitions. The acquisitions have allowed Apple to broaden its offers, develop its products, and remain ahead of the competition.


    Microsoft India

    Company Name Microsoft India
    Founder Bill Gates, Paul Allen
    Founded 1975
    Revenue INR 19, 354 crore (2023)
    Number of Employees 20,000 (2023)

    Microsoft India Pvt Ltd is a subsidiary subsidiary of Microsoft Corporation that was incorporated in 1990. The head office of the company is in Hyderabad. Microsoft India has ten offices in different cities of India: Ahmedabad, Bangalore, Chennai, Hyderabad, Kochi, Kolkata, Mumbai, New Delhi, Noida, Gurgaon and Pune.


    Microsoft’s Marketing Strategies: How They Conquered the Tech World
    This article covers major marketing strategies that helped Microsoft achieve its growth and success.


    Nestle India

    Company Name Nestle India
    Founder Henri Nestle
    Founded 1866
    Revenue INR 245 billion (2024)
    Number of Employees 8912 (2024)

    Nestlé India Limited is a subsidiary of the Swiss multinational company Nestlé. It is the world’s largest food and beverage company.

    Nestlé India Limited, a prominent MNC company in India, is actively engaged in the production and marketing of various food and beverage products. Some of the popular brands offered by Nestlé in India include Maggi, Nescafé, KitKat, Munch, Milkybar, Nestlé Milk, and more. It is one of the top 20 MNC companies in India.


    Nestle’s Marketing Strategies: Building Trust, Boosting Sales
    Nestle’s marketing strategies boost sales, build brand equity, and maintain a positive image, keeping them competitive in the food and beverage industry as a global brand.


    IBM

    Company Name IBM
    Founder Herman Hollerith, Thomas J. Watson, Charles Ranlett Flint
    Founded 1911
    Revenue INR 28,052.8 crore (2023)
    Number of Employees 130,000 (2024)

    IBM, short for International Business Machines Corporation, is a globally renowned multinational technology company. Established on June 16, 1911, IBM has a rich history of innovation and leadership in the technology industry. Over the years, it has evolved into a prominent provider of advanced information technology, software, hardware, and consulting services worldwide.


    List of All the Startups and Companies Acquired by IBM
    IBM is an American multination conglomerate that has acquired nearly 200 companies. Take a look at the complete list here.


    Coca-Cola

    Company Name Coca Cola
    Founder Asa Griggs Candler
    Founded 1892
    Revenue INR 127 billion (2023)
    Number of Employees 25000 (2024)

    Coca-Cola is one of the world’s largest beverage companies, and it operates in various countries, including India. The company has a long history in India and has been a prominent player in the Indian non-alcoholic beverage market.

    Coca-Cola India offers a diverse portfolio of products, including its iconic carbonated soft drinks such as Coca-Cola, Diet Coke, Fanta, Sprite, and Thums Up, along with a range of non-carbonated beverages like Minute Maid juices, Maaza, and Kinley packaged drinking water.


    Coca-Cola Marketing Strategy -How It is Dominating the Beverage Market
    Coca-Cola is one of the biggest brands in the beverage industry. Find out, the marketing strategy that makes it the favourite brand of everyone.


    Hindustan Unilever

    Company Name Hindustan Unilever
    Founder Hindustan Vanaspati Mfg. Co. Ltd., United Traders Ltd., Lever Brothers
    Founded 1933
    Revenue INR 618.9 billion (2024)
    Number of Employees 27,764 (2024)

    Established in 1931, Hindustan Unilever (HUL) boasts a rich legacy of over 90 years and has evolved into one of the premier FMCG brands, “U-Work” gigs, and globally. With a diversified portfolio encompassing personal care products, food, beverages, and various consumer goods, HUL has firmly established itself as a market leader in India and beyond. It is one of the top 20 MNC companies in India.

    Toyota

    Company Name Toyota
    Founder Kiichiro Toyoda
    Founded 1894
    Revenue $274.942 billion (2023)
    Number of Employees 3,75,235 (2023)

    As a prominent and globally recognized automotive company, Toyota stands out as a leading force in the international car market. Marking its entry into the Indian market in 1997, Toyota has since made significant strides, introducing a range of successful cars that have propelled it to a dominant position with a substantial market share.


    Marketing Strategies of Toyota: Merging Performance & Sustainability
    Toyota’s marketing strategies have been successful in positioning the company as a leader in the automotive industry.


    LG

    Company Name LG
    Founder Koo In-Hwoi
    Founded 1969
    Revenue US $62.32 billion (2023)
    Number of Employees 74,000 (2023)

    LG, a renowned MNC company of consumer electronics and appliances manufacturer based in South Korea, has been an integral part of households worldwide. Since its foray into the Indian market in 1997, LG has consistently delivered a diverse range of reliable products, including washing machines, refrigerators, televisions, smartphones, and keypad mobiles.


    Reasons Why LG is Shutting down its Mobile Business after 26 years
    LG has released a statement that is moving out of the smartphone business after 26 years and will be shifting its focus and resources in other fields.


    Citi Bank

    Company Name Citibank
    Founder Samuel Osgood
    Founded 1812
    Revenue US $78.5 billion (2023)
    Number of Employees 2,00,000 (2023)

    Citibank, a prominent multinational financial institution, has solidified its position as a top player in the Indian banking sector. Established in 1812, the bank brings a rich history and a global reputation for excellence to its operations in India. Offering a total suite of financial services, Citibank caters to diverse needs, including savings accounts, loans, deposits, mortgages, investment funds, credit and debit cards, insurance, electronic banking, capital markets, advisory services, and private banking.

    HP

    Company Name Hewlett-Packard (HP)
    Founder Bill Hewlett and Dave Packard
    Founded 1939
    Revenue US $53.7 billion (2023)
    Number of Employees 58,000 (2023)

    Established in 1939 by the visionary duo Hewlett and David Packard, Hewlett-Packard India Sales Pvt Ltd has emerged as a stalwart in the Information Technology sector. The company’s global headquarters is situated in Palo Alto, California, marking its status as an American multinational IT MNC. Renowned for its expansive portfolio, Hewlett-Packard has been a trailblazer in developing and delivering an extensive range of hardware components and software-related services. It is one of the top 20 MNC companies in India.


    Top Marketing Strategies of HP
    HP’s marketing strategies exemplify a harmonious blend of innovation, customer-centricity, and brand prominence.


    Sony

    Company Name Sony Corporation
    Founder Akio Morita, Masaru Ibuka
    Founded 1946
    Revenue US $88.935 billion (2023)
    Number of Employees 1,13,000 (2024)

    A subsidiary of the globally acclaimed Sony Corporation, Sony India stands as one of the premier MNC company in India. Originating from Japan, Sony Corporation was established in 1946, and its Indian venture commenced in 1994, introducing an extensive array of electronics such as mobile phones, televisions, cameras, PlayStations, and more.

    Samsung

    Company Name Samsung
    Founder Lee Byung-chul
    Founded 1938
    Revenue $200.26 billion (2023)
    Number of Employees 2,70,372 (2023)
    Samsung - Top Multinational Company in India
    Samsung – Top Multinational Company in India

    Samsung is a renowned multinational corporation that has firmly established itself as a key player in the Indian market. Originating from South Korea, Samsung has been on a journey of technological innovation and consumer electronics excellence since it entered India. Over the years, it has become synonymous with cutting-edge products, including smartphones, televisions, home appliances, and more.

    DHL

    Company Name DHL
    Founder Adrian Dalsey, Larry Hillblom, Robert Lynn
    Founded 1969
    Revenue US $100 billion (2022)
    Number of Employees 5,86,404 (2023)
    DHL - Top Multinational Company in India
    DHL – Top Multinational Company in India

    DHL is a well-known international courier and logistics MNC company that has established itself as a successful player in the Indian market. As a crucial link in the global supply chain, DHL plays a vital role in facilitating international trade and commerce. Their presence in India offers customers a comprehensive range of logistics services, such as express parcel delivery, freight transportation, and supply chain solutions.

    Adidas India

    Company Name Adidas India
    Founder Adolf Dassler
    Founded 1949
    Revenue $23.80 billion
    Number of Employees 59,030
    Adidas - Top Multinational Company in India
    Adidas – Top Multinational Company in India

    This multinational conglomerate traces its roots back to the trails of World War I. Led by Adolf Dassler and his sibling Rudi Dassler, the Dassler family began manufacturing shoes in their mother’s house. Adidas had its shining moment and gained international attention when American track-and-field star Jesse Owens wore it in the 1936 Berlin Olympics.

    Mercedes Benz India

    Company Name Mercedes Benz
    Founder Daimler-Motoren-Gesellschaft and Carl Benz
    Founded 1926
    Revenue $101 billion (2024)
    Number of Employees 166,000

    Mercedes Benz - Top Multinational Company in India
    Mercedes Benz – Top Multinational Company in India

    Mercedes-Benz is a globally renowned luxury automobile brand, headquartered in Stuttgart, Germany. Founded in 1926, it originated from Daimler-Benz, which combined two pioneers in automotive history—Karl Benz, who built the world’s first car, and Gottlieb Daimler. The company is now part of Mercedes-Benz Group AG.

    Panasonic

    Company Name Panasonic
    Founder Konosuke Matsushita
    Founded 1918
    Revenue $54 Billion (2024)
    Number of Employees 228,420

    Panasonic - Top Multinational Company in India
    Panasonic – Top Multinational Company in India

    Panasonic, formerly known as Matsushita Electric, was founded in 1918 by Kōnosuke Matsushita as a vendor of duplex lamp sockets. The corporation ran factories in Japan and other Asian countries during World War II that produced electrical products and parts, including light fixtures, motors, electric irons, wireless equipment, and the first vacuum tubes.

    Procter and Gamble

    Company Name Procter and Gamble (P&G)
    Founder William Procter & James Gamble
    Founded 1837
    Revenue $40.5 Billion (2024)
    Number of Employees 88,000

    P&G - Top Multinational Company in India
    P&G – Top Multinational Company in India

    Procter & Gamble (P&G) is a leading American multinational consumer goods company, headquartered in Cincinnati, Ohio. Founded in 1837 by William Procter and James Gamble, the company is known for its wide range of household, health, and personal care products. P&G operates in over 180 countries and is recognized for its portfolio of trusted, globally popular brands.

    The company boasts more than 65 brands, many of which are market leaders in their respective industries.

    PepsiCo

    Company Name PepsiCo
    Founder Caleb Bradham
    Founded 1965
    Revenue $3.08 Billion (2024)
    Number of Employees 318,000

    PepsiCo - Top Multinational Company in India
    PepsiCo – Top Multinational Company in India

    PepsiCo is a global leader in the food and beverage industry, headquartered in Purchase, New York. Founded in 1965 through the merger of Pepsi-Cola and Frito-Lay, it has grown into a powerhouse with a diverse portfolio of snacks, beverages, and nutrition products.

    PepsiCo operates in over 200 countries through six key divisions: Frito-Lay North America, PepsiCo Beverages North America, Quaker Foods North America, Latin America, Europe, and Asia, Middle East & Africa.


    List of All the Brands Owned by PepsiCo | PepsiCo Subsidiaries
    PepsiCo Inc. is a successful American multinational food and beverage company. Here’s a detailed look at all the brands owned by Pepsico.


    Cognizant

    Company Name Cognizant
    Founder Kumar Mahadeva, Francisco D’Souza, and Srini Raju
    Founded 1994
    Revenue $19.3- $19.5 billion (Expected in 2024)
    Number of Employees 336,300

    Cognizant - Top Multinational Company in India
    Cognizant – Top Multinational Company in India

    Cognizant is a leading global technology services and consulting company, headquartered in Teaneck, New Jersey. Founded in 1994 as an IT development and maintenance arm of Dun & Bradstreet, it has since grown into a multinational provider of digital, technology, and consulting services.

    Conclusion

    In conclusion, the presence of multinational companies in India has been a significant contributor to the country’s economic growth. The Indian market offers vast potential for international businesses, and several companies have leveraged this opportunity to establish themselves as global players. Indian MNCs are playing a crucial role in shaping the global business landscape with their growing international presence.

    In this article, we have looked at the top 26 successful MNC in India that have made their mark in various sectors, including technology, hospitality, and more. These companies have not only brought in foreign investment but have also created job opportunities for millions of people across the country. With the Indian economy poised for further growth, it will be interesting to see how these companies evolve and contribute to India’s development in the years to come.

    FAQs

    What are MNCs?

    MNCs, or Multinational Companies, are enterprises that operate in multiple countries, including India.

    Which is the top MNC in India?

    Tata, Wipro, Nestle India, Aditya Birla, and Infosys are some of the top MNC in India.

    How are the top MNCs in India determined?

    The ranking of top MNCs in India is usually based on various factors, including revenue, market share, brand reputation, growth rate, and social impact.

    How many MNCs are there in India?

    There are over 290,000 MNCs in India.

    How do MNCs contribute to the Indian economy?

    MNCs play a crucial role in the Indian economy by bringing in foreign direct investment, creating job opportunities, introducing new technologies, enhancing skill development, and contributing to the country’s export and tax revenues.

    Are there any challenges that MNCs face while operating in India?

    MNCs in India may encounter challenges such as regulatory complexities, cultural differences, competition from local players, and managing diverse markets across different states and regions. However, successful companies adapt and navigate these challenges to thrive in the Indian market.

  • List of All the Brands Owned by PepsiCo | Pepsico Subsidiaries

    People all around the world know about Pepsi, and its products are enjoyed over one billion times just in every day by its consumers. PepsiCo Inc. is an American multinational company that manufactures, markets, and distributes various snacks, food, and beverages.

    PepsiCo is also known to be one of the largest companies in the world because its products are available throughout 200 countries. The company was first formed in 1965 with the merging of the Pepsi-Cola and the Frito-Lay companies. The company is currently headquartered in Harrison, New York.

    It is also the largest food and beverage business in North America according to its net revenue and the second-largest in the world, only behind Nestle. For the year 2024, PepsiCo’s revenue was $91.85 billion.

    The company offers a wide variety of products such as soft drinks, fruit juices, ready-to-drink tea and coffee, energy/sports drinks, chips, packaged foods, bottled water, etc. The company is now also expanding its categories of products like probiotics, functional beverages, and even cold-pressed juices. Since its inception, Pepsico has acquired many brands. So, here’s a look at all the brands under PepsiCo.

    PepsiCo Beverages North America
    Frito-Lay North America
    Quaker Foods North America
    Pepsico Latin America
    Pepsico Europe
    Pepsico Africa, Middle East, South Asia (AMESA)
    Pepsico Asia Pacific, Australia/New Zealand, China (APAC)

    A Brief History of PepsiCo

    The company had its humble beginnings with a carbonated drink that was made by a pharmacist, Caleb D Bradham, in North Carolina in the 1890s. The company was trademarked in the 1900s and became popular under Pepsi–Cola. However, after 20 years of success, Mr Bradham sold the company after it went bankrupt.

    It wasn’t until the 1930s that it became profitable again because of Loft Inc.’s efforts. At this point, the Pepsi-Cola company expanded with Diet Pepsi and also went on to purchase Mountain Dew in the 1960s.

    PepsiCo Inc. was founded in 1965 when the two big companies which are Pepsi-Cola and Frito-Lay, were merged. The company then went on to acquire Tropicana in 1998 and then Quaker Oats and Gatorade in 2001. Pepsi now has products like Pepsi, Diet Cola, Fritos corn chips, Lays potato chips, Cheetos cheese-flavoured snacks, Ruffles potato chips, and Rold Gold pretzels. But with the addition of Quaker Oats, Gatorade sports drinks were also added to the list, making it a billion-dollar company.

    In 2018, the company acquired SodaStream, a company that makes machines for homemade sparkling water. Its recent acquisitions include Organic and raw trading Co, which is an Australian company, Chi Limited from Nigeria, and Tropic from France. It also acquired Costa, a British Coffee company.

    Now, 70-plus years later, PepsiCo is a conglomerate and a multinational manufacturer and supplier of soft drinks, food items, snacks, and different types of juices. The company distributes its variety of products to more than 200 countries.

    Pepsico Subsidiaries
    Pepsico Products List

    PepsiCo Subsidiaries

    PepsiCo Inc. is best known for its manufacturing, marketing, distribution, and sales of popular beverages, food items, snacks, etc. The company has 23 brands that generate more than $1 billion each according to their retail sales, including popular brands like Frito-Lays, Gatorade, Pepsi-Cola, Quaker, and Tropicana, which provide a wide range of products.

    Three of its beverage companies, Pepsi-Cola, Mountain Dew, and Diet Pepsi, are among the top ten most beloved soft drinks in the American market. The Frito-Lays Company is a global leader as it holds 40% of the market share worldwide and 56% in the US for its snacks.

    Frito-Lay manufactures and sells nine out of ten potato chips, which include Lay’s, Doritos, Tostitos, Ruffles, and Cheetos. Another subsidiary that is a leader in its sector is Tropicana, as it holds 41% of the US orange juice market.

    PepsiCo subsidiaries are divided into seven divisions, which are PepsiCo Beverages North America, Frito-Lay North America, Quaker Foods North America, Latin America, Europe, Africa, the Middle East, and lastly being Asia, Australia/New Zealand, and China.

    Each of these subdivisions has many subsidiaries under it:

    • The Frito Lay North America – This division manufactures, markets, and distributes Lays, Doritos, Cheetos, Tostitos, Fritos, Ruffles, and the Santitas Brands.
    • Quaker Foods North America – It manufactures, markets, and distributes various Cereals, Rice, Pasta, Aunt Jemima, Quaker Chewy, Cap’n Crunch, Life, and Rice and Roni brands.
    • The North American Beverages North American Beverages manufactures, markets, and distributes syrups, fruit juices, and soft drinks like Pepsi, Gatorade, Mountain Dew, Diet Pepsi, Tropicana juices, and bottled water like Aquafina, Sierra Mist, etc.
    • Latin America – This division manufactures, markets, and distributes beverages, food products, and snacks specific to the South American countries.
    • Europe – The Europe division of PepsiCo manufactures, markets and distributes beverages, food products and snacks specific to Europe and African regions.
    • South Asia and the Middle East, and Africa – This division manufactures, markets, and distributes food products and snacks like Lays, Kurkure, Chipsy, etc.
    • The Asia Pacific, Australia/New Zealand, and China – This of PepsiCo division manufactures, markets, and distributes also offers a variety of snacks and beverages like 7UP, Mirinda, Pepsi, Mountain Dew, Cheetos, Doritos, Lay’s, etc.

    PepsiCo Beverages North America

    PepsiCo Beverages North America is a sector that manufactures, markets, and sells beverages in North America. This division has made many notable innovations, partnerships, and strategic acquisitions. These beverages are not only enjoyed in America but all over the world.

    PepsiCo Beverages North America sells soft drinks, bottled water, ready-to-drink coffees and teas, sports drinks, and juices, through which it tries to satisfy a wide range of customers’ tastes, occasions, and lifestyles, especially in North America.

    PepsiCo subsidiaries include the most popular beverages consumed in America. Some of the most well-known beverage manufacturers under this division are Pepsi, Mountain Dew, Gatorade, 7UP (outside the U.S.), Tropicana Pure Premium orange juice, Sierra Mist, SoBe Lifewater, Tropicana juice drinks, AMP Energy, Naked Juice, Izze, and Aquafina.

    PepsiCo Beverages North America also helps out third-party companies like Starbucks and Unilever in manufacturing, marketing, and selling their ready-to-drink coffees and teas.

    Some of the well-known PepsiCo subsidiaries under PepsiCo Beverages North America are:

    Pepsi

    Pepsi
    Pepsico Subsidiaries – Pepsi

    Pepsi is one of the first drinks the company started selling, which started out as a refreshing and energizing drink. Now it is known to be one of the world’s most popular and consumed soft drinks around the world.

    Gatorade

    Gatorade
    Pepsico Subsidiaries – Gatorade 

    Gatorade is one of the most popular brands under Pepsi, which is known for its signature line of sports drinks and is popular in America. The company is currently the fourth largest brand of PepsiCo and is distributed to over 80 countries. The company was acquired by PepsiCo in 2001 and is now the official drink for the NBA, AVP, PGA, Major League Basketball, and other sports teams and events.

    Mountain Dew

    Mountain Dew
    Pepsico Subsidiaries – Mountain Dew

    Mountain Dew is another soft drink brand that is owned by PepsiCo, the company became its subsidiary in 1964. Today, Mountain Dew is the number one flavoured carbonated soft drink in America. Mountain Dew comes in many flavours and varieties. Mountain Dew is also one of the top soft drinks in the US.

    Naked Juice

    Naked Juice
    Pepsico Subsidiaries – Naked Juice

    Naked Juice is a juice and smoothie producing company that was purchased by PepsiCo in 2007. This acquisition helped in building PepsiCo’s portfolio as it can offer healthy drinks for health-conscious customers by selling nutritional juices and smoothies through Naked Juice.

    Tropicana

    Tropicana
    Pepsico Brands – Tropicana 

    This brand is loved by everyone as it excels in producing orange juice. Tropicana is popular because it provides fresh fruit juices and is not concentrated. PepsiCo acquired the company in 1998 and was one of the main acquisitions for PepsiCo. With Tropicana, PepsiCo could compete with Coca-Cola’s Minute Maid.

    Frito-Lay North America

    Frito-Lay is a main subsidiary of PepsiCo, as it manufactures, markets, and sells a wide variety of snacks, including Corn and potato chips. The company merged with Pepsi-Cola in 1961. Today, the company has 29 snack brands under it with more than 55,000 employees.

    It makes many of the most popular snacks, such as Lay’s potato chips, Doritos tortilla chips, Cheetos cheese-flavoured snacks, Tostitos Chips with their dips, Ruffles Potato chips, Fritos Corn chips, Rose Gold Pretzels, Walkers potato chips, and Santitas tortilla chips, etc. The annual Revenue of Frito-Lay in North America is up to $17.1 billion in 2019.

    Some of the well-known PepsiCo subsidiaries under Frito-Lay North America are:

    Lays

    Lay's
    PepsiCo Brands – Lay’s

    Lay’s is one of the world’s most popular and iconic potato chip brands, and Pepsi products, owned by PepsiCo through Frito-Lay since 1965. Today, there are over 200 different varieties of Lays flavours all over the world. Lay’s potato chips bring in more than $1 billion yearly in retail sales.

    Sabritas

    Sabritas
    PepsiCo Brands – Sabritas 

    Sabritas is the main brand under which PepsiCo manufactures different Frito Lay products and popular snacks for Mexico, such as Crujitos, Poffets, Rancheritos, and Sabritones etc. The company is also known to control about 80% of the Mexican snack market.

    Cheetos

    PepsiCo Brands - Cheetos
    PepsiCo Brands – Cheetos

    Cheetos is a very popular snack not only in America but all over the world. The cheese puff snack was given the rank of the top-selling cheese puff in the primary markets of the United States in 2010. It is also one of the most profitable brands of PepsiCo, as it is sold in more than 36 countries. Its worldwide annual sales record is more than $4 billion. The company has now expanded its product line to more than 21 different flavours in America alone.

    Doritos

    PepsiCo Brands - Doritos
    PepsiCo Brands – Doritos

    Doritos is one of the most recognized tortilla-type chip brands in the world. It became a PepsiCo subsidiary in 1964 and originated from a restaurant at Disneyland. The company has gained a lot of popularity mainly because of its unique marketing campaigns and many ad commercials aired during the Super Bowl.

    Tostitos

    Tostitos
    Tostitos 

    Tostitos is another brand similar to Doritos, as it also produces Tortilla chips that are meant to be eaten with dips, which are also sold by the company. This brand is extremely popular in all North American countries.


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    Quaker Foods North America

    Quaker Oats has always been known for its quality, great taste, and nutrition. The company was merged with PepsiCo in 2001, and since then has been manufacturing, selling, and distributing a variety of healthy products such as cereals, Rice, Pasta, Dairy products, etc.

    One of its most well-known brands is Quaker Oatmeal, Quaker’s granola bars, Cap’n Crunch cereals, Pasta Roni, Quaker grits, etc. The annual revenue of Quaker Oats was $3.7 billion in 2021.

    Some of the well-known subsidiaries under Quaker Foods North America are:

    Cap’n Crunch

    Cap'n Crunch
    Cap’n Crunch

    Cap’n Crunch is an extremely popular Corn and Oat cereal consumed in America, manufactured by the Quaker Oats company. The company became a PepsiCo subsidiary in 2001. Since then, the company has expanded its products by introducing new flavours.

    Life Cereal

    Life Cereal
    Life Cereal

    Another popular oat and soy protein cereal brand is manufactured by Quaker Oats Company, and one of the most profitable subsidiaries of PepsiCo.

    Rice A Roni

    Rice A Roni
    Rice A Roni

    This is a company that makes boxed food in a variety of rice, vermicelli pasta, and seasonings. This company is owned by Quaker Oats and is a popular subsidiary of PepsiCo.

    Quaker’s products

    Quaker
    Quaker

    Quaker’s own product line is very profitable for the Pepsico brand. The company makes a variety of popular American snacks such as Quaker’s natural granola, Quaker’s Oatmeal and instant Oatmeal, Quaker Oat Bran, Quaker grits, Quaker puffed rice, Quaker chewy granola bars, Quaker oatmeal cookies, snack bars, etc.

    Pepsico Latin America

    PepsiCo Latin America Foods is another important division as it manufactures, sells, and distributes many well-known brands whose products are especially famous in Latin American countries. Some of these brands are Doritos, Marias Gamesa, Cheetos, Ruffles, Bacconzitos, ManiMoto, Emperador, Saladitas, Sabritas, Lucky, Elma Chips, Tostitos, and Rosquinhas, and many other products. This division mostly works independently, but also works with other third-party companies.

    Some of the well-known PepsiCo subsidiaries under Pepsico Latin America are:

    Sabritas

    Sabritas is another popular subsidiary of Pepsico from Mexico, which is known for the quality, variety, and authentic flavours of its products. The company was acquired by PepsiCo in 1966. This company works under Frito-Lay and PepsiCo and has its own line of potato chips named Sabritas. It also makes several local brands that are well appreciated, such as Crujitos, Poffets, and Rancheritos. The company is also known to control about 80% of the Mexican snack market.

    Gamesa

    Gamesa is a leader when it comes to the cookie market, as it exports its products to more than 16 countries. This company was acquired by PepsiCo in 1990. And ever since then manufactured a wide variety of products that range from Pastries to Oats and cookies, and cereals. Some of its well-known brands are Emperados, Arcoiris, Mamut, Chokis, and Maizoro.

    Other Regional Brands

    The other lesser-known subsidiaries under PepsiCo’s Latin America Foods division are brands like Natuchips in Venezuela, Colombia, and Ecuador, Tortix in Guatemala, Toddy Cookie from Argentina, and lastly, Toddynho from Brazil, which are local snack brands from different Latin American countries.


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    Pepsico Europe

    The Europe branch of PepsiCo manufactures, markets, sells, and distributes snacks and other food brands or subsidiaries throughout all countries in Europe and South Africa. It also operates independently and third-party companies such as Lay’s, Walkers, Doritos, Cheetos, and Ruffles, including Quaker’s products and popular beverages like Pepsi, 7UP, Diet Pepsi, and Tropicana juices. PepsiCo Europe also manufactures many ready-to-drink teas and coffees because of its joint ventures with Starbucks and Unilever.

    Some of the local specific subsidiaries are Marbo, Smiths, Paw Ridge, Duyvis, Snack a Jacks, Twistos, Lebedyansky, Solinki, and dairy products like Domik v Derevne, Chudo, and Agusha. It operates the subsidiary Matutano in Spain and Portugal and has manufacturing plants in England. The Chief Executive Officer of PepsiCo Europe is Silviu Popovici, and headquartered in Geneva, Switzerland.

    Some of the well-known PepsiCo subsidiaries under Pepsico Europe are:

    Duyvis

    Duyvis
    Duyvis

    This is a Dutch snack-based company that became PepsiCo’s subsidiary in 2006 and is known for its salty snacks, a variety of peanuts with flavours, and nuts, along with its dips.

    Wimm Bill Dann

    Wimm Bill Dann
    Wimm Bill Dann

    This company is known to be one of the largest dairy-producing companies, as it manufactures yoghurt, milk, flavoured milk, fruit juices, and other soft drinks. The company is headquartered in Moscow, Russia, and was acquired by PepsiCo in 2011. It is a leader in the food and beverage market of Russia as it holds a 34% market share in all dairy products in Russia.

    Lebedyansky

    Another Russian company was acquired by PepsiCo in 2008. The company is known for its fruit juice, baby food, vegetable juice, and soft drinks. Lebedyansky is the largest juice manufacturer in Eastern Europe and the sixth-largest in the world.

    Marbo

    Marbo
    Marbo

    This potato chip company is from Serbia and was acquired by PepsiCo in 2008. This company managed to help the locals of Backi Maglic, Serbia, by providing 100 jobs.

    Pepsico Africa, Middle East, South Asia (AMESA)

    PepsiCo’s Asia, Middle East, and Africa manufactures, markets, and sells beverages and snacks to all the countries of Asia, the Middle East, and Africa. It also likes the other make products independently and for third-party companies.

    Some of the popular PepsiCo subsidiaries under Pepsico Africa, Middle East, South Asia (AMESA) are Lay’s, Kurkure, Chipsy, Red Rock Deli, Doritos, Cheetos, Simba, other Quaker’s products, and beverages like Pepsi, Mirinda, Sting, 7UP, Mountain Dew, Aquafina, and Tropicana. The business in these regions accounted for 10% of PepsiCo’s net revenue worldwide. PepsiCo AMESA’s chief executive officer is Eugene Willemen, and is headquartered in Dubai, UAE.

    Kurkure

    Pepsi Brands - Kurkure
    Pepsi Products – Kurkure

    Kurkure is one of the popular products of Pepsi company sold in India. It is a corn puff snack made up of rice, lentils, and corn. Kurkure is an Indian brand from PepsiCo India and is known for its snacks, especially in India and Pakistan.

    Sabra Dipping Company

    Pepsi Brands - Sabra
    Pepsi Products – Sabra 

    Sabra is actually an American company that is known for producing food products that are made in a Middle Eastern style. It makes dips like Hummus and guacamole. All Sabra products are vegetarian.

    Simba

    Pepsi Brands - Simba
    Pepsi Products – Simba

    Simba is a South African snack manufacturer that was acquired by PepsiCo in 1999. It is known for its snacks that are made up of potatoes and maize. This company also holds over 63% of the South African chips market.

    Pioneer Food

    Pepsi Products - Pioneer Food
    Pepsi Products – Pioneer Food 

    Pioneer Food was recently acquired by PepsiCo in 2020. The company is known for its popular snacks like Bokomo Cereals, Spekko, Ceres fruit juice, and Sasko bread. This acquisition helped PepsiCo grow across the entire African continent.


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    Pepsico Asia Pacific, Australia/New Zealand, China (APAC)

    This sector manufactures, markets, and sells beverages and snacks to all the countries of Asia Pacific, Australia/New Zealand, and China. It also likes the other to make products independently, and for third-party companies like Starbucks and Unilever.

    The Smith’s Snack Food Company

    Smith's Snackfood Company
    Smith’s Snackfood Company

    Smith’s Snackfood Company is fully owned by PepsiCo. It makes many popular snacks like Doritos, Burger Rings, Twisties, and Cheetos. The company started in 1920 in Australia, founded by Frack Smith, Jim Viney, and George Ensor. PepsiCo bought the company in 1998 by investing $300 million. Today, Smith’s holds a big share of the snack and drink market in the United Kingdom.

    It also makes similar products such as Cheetos, Doritos, Lays, Smiths, and beverages like Pepsi, 7UP, Aquafina, Mirinda, Mountain Dew, etc. The Chief Executive Officer of the division is Wern-Yuen Tan and is headquartered in Shanghai, China.

    Conclusion

    This completes the list of all the brands owned by PepsiCo. PepsiCo is a conglomerate that manufactures, markets, and distributes snacks, beverages, and other food products that are loved by everyone. Every country definitely has some subsidiaries that belong to the company. There are a lot of PepsiCo products that we probably use in our daily lives. This article will surely help you find out what those are.

    FAQs

    Pepsi company belongs to which country?

    Pepsi is an American food and beverage company founded in 1893.

    How many brands does PepsiCo own?

    PepsiCo owns 23 brands that generate revenue of $1 billion for the company.

    Does Pepsi own Gatorade?

    Gatorade is a popular sport drink brand based in America. Pepsico acquired Gatorade in 2001.

    Who owns Doritos?

    Doritos is an American brand that sells flavoured tortilla chips. Pepsi bought Doritos when it merged with Frito-Lay in 1965.

    Is Dr Pepper a Pepsi product?

    No, Dr Pepper is not a Pepsi product. It is owned by Keurig Dr Pepper in the U.S. However, in some regions, PepsiCo has agreements to distribute Dr Pepper.

    What drinks are Pepsi products?

    Pepsi products include popular drinks like:

    • Pepsi
    • Mountain Dew
    • 7UP (in some countries)
    • Mirinda
    • Slice
    • Tropicana
    • Gatorade
    • Lipton Iced Tea (with Unilever)
    • Aquafina (bottled water)
    • Sting (energy drink)

    These vary by country, but all are PepsiCo beverages.

    Does Pepsi own Lays?

    Yes, PepsiCo owns Lay’s. Lay’s is one of the flagship snack brands under Frito-Lay, a subsidiary of PepsiCo.

    Who owns Pepsi?

    Pepsi is owned by PepsiCo, a multinational food and beverage company based in the United States. PepsiCo is a publicly traded company, so it is owned by shareholders who hold its stock.

  • Adani Group Case Study: Navigating Ongoing Challenges in Its Growth Journey

    The Adani group is an Indian multinational conglomerate with a revenue of about $37 billion from FY2024. The company is headquartered in Ahmedabad, Gujarat, India. Adani is a leading global integrated infrastructure player that includes diverse businesses like coal trading, coal mining, ports, power generation, multi-model logistics, renewables, gas distribution, and transmission. The Adani has always been known for its growth and vision for building the nation.

    It is the largest port developer and operator in India with Mundra being the country’s largest commercial port. Having multiple ports, branches, manufacturing units, and corporate offices at various locations, Adani Group is one of the largest business units. In all this business group has around 36,000 plus employees with more than 900 third-party contractors involved in incorporating various work orders across 25 plus business units.

    In April 2014, it added the fourth unit of 660 megawatts at its Tiroda Thermal Power Station, making Adani Power India’s largest power producer. In 2015, Adani was ranked India’s most trusted infrastructure brand by The Brand Trust Report 2015. The group operates mines in India, Australia, and Indonesia and supplies coal to Bangladesh, China, and other countries in Southeast Asia. In January 2018, Adani Ports and SEZ Limited added equipment and machinery to become the largest dredger fleet in India.

    Companies Listed Under the Adani’s Group

    The Challenges Faced by Adani Group
    Solutions Applied by Adani Group
    Effects on Adani Group’s Business after Implementing Solutions

    Companies Listed Under the Adani’s Group

    List of Adani Group Stocks
    List of Adani Group Stocks

    Adani Enterprise Limited

    Adani Enterprise Limited Logo
    Adani Enterprise Limited Logo

    Adani Enterprises Limited is run by Gautam Adani, the enterprise handles the mining, trading, gas distribution, solar, and agribusiness divisions of the Group. This company also owns a subsidiary called Adani Gas which is a wholly owned subsidiary that executes the gas distribution business. Its real estate activities are managed by Adani Infrastructure and Developers Private Limited. The current incubation portfolio includes Mining Services, Integrated Coal Management, Road, Rail, Airports, Data centers, and Defense.

    Adani Ports and SEZ Limited

    Adani Ports Logo
    Adani Ports and Logistics Logo

    Adani Ports and Special Economic Zone Limited (APSEZ) is the largest private port company and special economic zone in India. The Company is headed by Karan Adani, CEO of APSEZ. The operations of the company are Logistics and Port management and operates ports Dahej, Mundra, Hazira, Dhamra, Kattupalli, and Vizhinjam.

    Along with that, the Adani Group manages terminals at the ports of Mormugao, Ennore, Vishakhapatnam, and Kandla. The logistics were initially promoted by the Mundra Port Infrastructure Development Company Limited, as an enterprise of the Government of Gujarat and Adani Port Limited.

    Adani Power Limited

    Adani Power - Adani group of companies list
    Adani Power – Adani Group of Companies List

    The company is run by Gautam Adani, Rajesh S. Adani. The company develops and maintains power projects in India. The firm has a combined installed capacity for developing and maintaining power projects across India. The company runs the following subsidiaries of 10440 MN with four thermal power projects across India.

    The following subsidiaries are Adani Power Maharashtra Limited and Adani Power Limited. In 2014 Adani Power Ltd’s thermal power plant at Mundra in Gujarat is the world’s first coal-fired plant to receive carbon credit from the United Nations Framework Convention on climate change.

    Revenue of Adani Power Limited from FY 2016 to FY 2024
    Revenue of Adani Power Limited from FY 2016 to FY 2024

    Adani Transmission Limited

    Adani Case Study
    Adani Transmission

    Integrated in 2013, Adani Transmission Limited handles the commissioning, operations, and maintenance of the electric power transmission system. The holding company holds operations and maintains 8511 circuit kilometers of transmission lines that range from 400 to 765 kilovolts.

    The company has the following subsidiaries; Maharashtra Eastern Grid Power Transmission Company Limited, Maru Transmission Services Service Company Limited, Hadoti Power Transmission Limited Service Limited, Raipur Rajnandgaon Warora Transmission Limited, Sipat Transmission Limited, and Chhattisgarh WR Transmission Limited.

    Adani Green Energy Limited

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    Largest listed pure-play renewable power producer in India with a portfolio of solar and wind assets of 2545 MW operational capacity. It is the largest listed renewable company in India and aims to scale up its infrastructure to produce 18 GW by 2025 and 25 GW by 2030.

    Adani Gas Limited

    It is India’s largest city gas distribution company mainly serving Industrial and Residential customers in Gujarat.

    Adani Wilmar Limited

    Adani Wilmar Case Study
    Adani Wilmar

    Adani Wilmar Limited (AWL) is an Indian food and beverage company based in Ahmedabad. It started in 1999 as a joint venture between Adani Enterprises and Wilmar International. AWL is the largest palm oil processor in India. As of September 2024, it has 23 plants in 10 states across India and exports its products to the Middle East, Africa, and Southeast Asia.


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    The Challenges Faced by Adani Group

    The Adani Group has multiple business units and ports at various locations. Managing employees’ attendance and timing from a central place is critical for them. Due to diversified businesses, they have different time attendance policies at different locations. It is very challenging to capture the time-attendance rules of an organization. This is because of the diversity in timing, attendance, and leave policies concerning various locations, departments, and people.

    Along with automated time attendance solutions, they want to control access at their premises for safety and security concerns. For certain exceptional situations, they need immediate notifications via SMS. As remote sites are there, they want different connectivity options for devices. The integration of SAP is required which is one of the challenges. By introducing an automatic system, the company wants to make manual interventions to reduce errors and fraud.

    • Gautam Adani was charged in New York for his involvement in an alleged bribery and fraud scheme worth billions of dollars, according to US prosecutors on November 20, 2024, and because of this Adani Group faced a loss of $55 billion.
    • In 2023, Adani’s businesses lost $150 billion in market value after a report by short-seller Hindenburg Research accused the group of major corporate fraud. The report claimed that Adani Group had been involved in stock manipulation and accounting fraud for many years.
    • Managing numerous workers’ attendance.
    • Eliminate fraudulent and inaccurate payment of wages at contractors’ end.
    • Monitoring each work order status determining its progress and segregating them.
    • Verifying the number of workers allotted to each task under a contractor against the respective contractors’ report.
    • Capturing accurate and diverse time attendance data of all workers.
    • Generating customized reports to make swift decisions and timely and error-free payroll processing.
    • Allotting workers to each work order based on the requirements and skills of the workers.
    • Ensuring approved and proper induction of each worker at a defined level.

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    Solutions Applied by Adani Group

    Adani group applied several solutions to fight the challenges they faced. Some of the best solutions they implemented are:

    • Tracking work orders progress.
    • Contractors’ self-service portal for managing workers.
    • Contract Workers Management solution for 50,000 plus workers under 900 plus contractors.
    • Worker Enrolment with photograph, credentials, and documents.
    • Connectivity using Wi-Fi and mobile Broadband.
    • Centralized data management solution for branches across multiple locations.
    • Real-time notification in cases of exceptional situations.

    Effects on Adani Group’s Business after Implementing Solutions

    The solutions implemented by the Adani Group proved successful for the business. Adani Group witnessed growth and productivity in business.

    • Increase in productivity of admin by 20%.
    • Smooth and effective monitoring of work orders.
    • Minimize manual interventions.
    • Enhanced security with an effective worker enrolment process.
    • Smooth and easy security with centralized control and monitoring reduced time spent by the Security Department.
    • Easy decision-making due to customized reports and charts generated.
    • Quick and effective wage calculation.

    FAQs

    Who is the founder of Adani Group?

    Gautam Adani is the founder and Chairman of Adani Group.

    When was Adani Group founded?

    Adani Group was founded in 1988.

    What is the revenue of Adani Group?

    The Adani Group has around $37 billion in revenue from FY2024.

    What are the companies under Adani Group?

    Adani Group of companies list includes:

    • Adani Enterprise Limited
    • Adani Ports and Special Economic Zone Limited
    • Adani Power Limited
    • Adani Transmission Limited
    • Adani Green Energy Limited
    • Adani Wilmar
    • Adani Gas Limited

    What is the net worth of Gautam Adani?

    Gautam Adani has a net worth of $69.8 billion as of 2024.

  • A Look at Berkshire Hathaway’s Marketing Strategy

    Berkshire Hathaway Inc. is a highly diversified American multinational conglomerate holding company headquartered in Omaha, Nebraska, United States. The company has a rich history, dating back to 1839 when it was established as a textile manufacturer. However, under the visionary leadership of Chairman and CEO Warren Buffett and Vice Chairman Charlie Munger, the company underwent a massive transformation into a conglomerate in 1965.

    Today, Berkshire Hathaway’s business portfolio spans many industries, including insurance, energy, rail transportation, retail, manufacturing, and services. However, insurance remains the company’s core business and primary source of capital. Berkshire Hathaway’s insurance arm operates under several brands, including GEICO, General Re, Berkshire Hathaway Primary Group, and National Indemnity Company.

    One of the critical reasons for Berkshire Hathaway’s success is its unique business strategy. The company invests the float (the retained premiums) from its insurance business in a broad portfolio of subsidiaries, equity positions, and other securities. This approach has enabled the company to generate significant returns over the years and create enormous shareholder value.

    Berkshire Hathaway is well-known for its intelligent investments and varied portfolio. However, its marketing strategy is equally impressive but often overlooked. This article explores the details of Berkshire Hathaway’s marketing approach, highlighting the timeless principles that have led to its long-lasting success.

    Berkshire Hathaway – Target Audience
    Berkshire Hathaway – Marketing Mix
    Berkshire Hathaway – Marketing Strategies

    Berkshire Hathaway – Target Audience

    Berkshire Hathaway, led by Warren Buffett, is known for its conservative investment approach, focusing on companies with solid fundamentals and sustainable competitive advantages. As such, its target audience typically includes individuals and entities looking for reliable and consistent returns over the long term rather than those seeking high-risk, high-reward opportunities.

    Berkshire Hathaway – Marketing Mix

    Product

    Berkshire Hathaway is a multinational conglomerate holding company headquartered in Nebraska, USA. The company owns and operates a diverse range of subsidiaries and affiliates across various industries, including insurance, finance, manufacturing, retail, energy, and utilities. Some of its most well-known subsidiaries include GEICO, Fruit of the Loom, Dairy Queen, and Duracell. GEICO is one of the largest insurance companies in the US, offering auto, home, and other types of insurance to millions of customers. Fruit of the Loom is a leading producer of clothing, including underwear, t-shirts, and socks. Dairy Queen is a popular fast-food chain serving frozen treats, burgers, and other items. In addition to these, Berkshire Hathaway also has interests in companies involved in railroad transportation, aerospace, real estate, and many other sectors.

    Price

    Berkshire Hathaway, a conglomerate known for its success and wide-ranging business operations, employs a competitive pricing strategy that is shaped by various factors such as the market trends and the nature of the product. Among its subsidiaries, GEICO, a prominent insurance company, uses a pricing approach that offers low prices to attract and retain a large customer base, thereby increasing its market share. This pricing strategy has contributed significantly to GEICO’s growth and success in the competitive insurance market. The adoption of such a pricing approach highlights the importance of market analysis and product differentiation in establishing a competitive edge in the business world.

    Total Revenue of Berkshire Hathaway from 2013 to 2023
    Total Revenue of Berkshire Hathaway from 2013 to 2023

    Place

    Berkshire Hathaway is a company that offers a wide range of products and services, including insurance, finance, and investment. The company distributes these products through an extensive network of subsidiaries that are spread across the United States. This network enables the company to reach a large customer base and cater to their needs effectively. The company’s primary focus is on serving the US market, especially in the insurance sector, where it has established a strong presence and reputation for providing high-quality services. Berkshire Hathaway’s commitment to excellence and customer satisfaction is evident in the way it conducts its business, and it continues to be a trusted name in the industry.

    Promotion

    Berkshire Hathaway, one of the largest conglomerates in the world, utilizes a diverse range of promotional channels to reach its target audience. The company leverages social media platforms like Facebook, Twitter, and LinkedIn to engage with its customers and promote its products and services. In addition to social media, Berkshire Hathaway also invests in TV commercials to increase brand awareness and reach a wider audience. Furthermore, the company is committed to Corporate Social Responsibility initiatives and actively engages in philanthropic efforts to give back to the community. By utilizing these various promotional channels, Berkshire Hathaway is able to effectively communicate its brand message and promote its products to a diverse group of consumers.


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    Berkshire Hathaway – Marketing Strategies

    Branding Strategy

    Berkshire Hathaway is a well-known conglomerate that has established an impressive portfolio of diverse subsidiaries that includes brands such as GEICO, Dairy Queen, and See’s Candies. The company’s unique approach to business involves allowing each subsidiary to maintain its distinct identity while benefiting from the overall reputation and resources of Berkshire Hathaway. This strategy has allowed the conglomerate to leverage its brand recognition, enhance its market position, and reinforce its reputation as a trusted and reliable entity.

    One of the key components of Berkshire Hathaway’s branding strategy is consistency and stability. The company has been able to maintain a consistent logo and visual identity over the years, which has contributed to its brand recognition and a sense of reliability among its stakeholders. With a focus on long-term value creation and financial success, Berkshire Hathaway has further reinforced its reputation for stability and consistency, making it one of the most respected and admired companies in the world.

    Advertising Strategy

    Berkshire Hathaway has adopted an unconventional approach to advertising that sets it apart from other companies in the industry. Rather than directly promoting the Berkshire Hathaway brand, the company prefers to allow its subsidiaries to drive their own advertising initiatives. This strategy ensures that each brand within the conglomerate receives targeted exposure, while still maintaining a cohesive brand strategy at the conglomerate level.

    Moreover, Berkshire Hathaway’s limited direct advertising reflects Warren Buffett’s philosophy of allocating capital wisely and avoiding unnecessary expenses. This approach has proven to be highly successful for the company, which has relied on the reputation and success of its subsidiary brands to generate brand awareness and customer loyalty. By leveraging the individual strengths and unique identities of its subsidiaries, Berkshire Hathaway has been able to create a diverse portfolio of brands that cater to a wide range of customers and industries. This has helped the company to establish a strong and enduring presence in the market, and to maintain its position as one of the most respected and admired companies in the world.

    Social Media Strategy

    Warren Buffett is a renowned personality in the world of finance and investment, and his influence extends to social media platforms such as Twitter and LinkedIn. As the face of Berkshire Hathaway, Buffett’s insightful commentary on investment and business matters attracts a large following, providing a platform to share Berkshire Hathaway’s philosophy and garner attention for the conglomerate.

    Berkshire Hathaway is a holding company that owns several well-known subsidiaries, including GEICO and Dairy Queen. The conglomerate encourages its subsidiary brands to maintain active social media profiles to engage with customers and promote their offerings. These subsidiaries have successfully utilised social media platforms to build brand loyalty, share promotions, and interact with customers. For instance, GEICO’s social media presence is known for its humorous and engaging content, which has helped the brand to connect with its audience and create a strong customer base.

    GEICO's Humorous Commercials
    GEICO’s Humorous Commercials

    Investment Philosophy as Marketing

    Berkshire Hathaway is known for its unique marketing strategy that sets it apart from other companies. The company utilizes its investment philosophy as a way to market its brand. The annual letters to shareholders written by Warren Buffett, the CEO of Berkshire Hathaway, are a prime example of this strategy. Not only do these letters serve as a report on the company’s performance, but they also act as educational tools that reinforce the investment principles of the company.

    Buffett openly shares his insights and rationale behind investment decisions, giving shareholders a glimpse into how the company operates. This practice helps to engage and cultivate a sense of loyalty and confidence among shareholders. By providing a transparent insight into its investment strategy, Berkshire Hathaway is able to foster a deeper connection with its shareholders, which is an essential aspect of its marketing strategy.

    Warren Buffett Reveals His Investment Strategy For Mastering the Market

    Selective Acquisition Strategy

    Berkshire Hathaway has established a highly selective acquisition strategy as a cornerstone of its marketing approach. Rather than pursuing growth for expansion, the company focuses on acquiring businesses with solid fundamentals and sustainable competitive advantages that align with its long-term goals. This deliberate approach enables Berkshire Hathaway to carefully assess each potential acquisition, evaluating its financial performance, market position, management team, and growth prospects.

    By prioritizing quality over quantity in its acquisition strategy, Berkshire Hathaway is able to enhance its portfolio with companies that have a proven track record of success, while also communicating a message of stability and reliability to investors and stakeholders. This approach has helped the company build a reputation as a smart, strategic investor that prioritizes long-term value creation over short-term gains.

    Corporate Social Responsibility (CSR) Initiatives

    Berkshire Hathaway is a company that is primarily focused on generating returns for its shareholders. However, the company also recognises the importance of corporate social responsibility (CSR) and has taken various measures to contribute towards it. The company has always been committed to supporting philanthropic causes through its subsidiaries and charitable foundations. They have been involved in initiatives related to education, healthcare, environmental conservation, and various other social causes.

    By participating in these CSR initiatives, Berkshire Hathaway contributes to the betterment of society and enhances its reputation as a responsible corporate citizen. This approach appeals to socially conscious investors and stakeholders, who are increasingly looking for companies that prioritize CSR. The company’s CSR initiatives have enabled it to build a positive image and a strong relationship with the community, which is essential for long-term business success.

    FAQs

    What is Berkshire Hathaway’s marketing strategy?

    Berkshire Hathaway’s marketing strategy is unconventional. Instead of directly promoting itself, it focuses on:

    • Acquiring established businesses with strong reputations.
    • Allowing subsidiaries to operate autonomously and leverage their own brand recognition.

    How does Berkshire Hathaway market its subsidiaries?

    It allows subsidiaries to operate autonomously with minimal interference, relying on Berkshire Hathaway generally allows its subsidiaries to handle their own marketing with minimal interference.

    For example, GEICO is known for its humorous commercials, while Dairy Queen focuses on social media promotions.

    What are the key components of Berkshire Hathaway’s marketing philosophy?

    Several key components define Berkshire Hathaway’s marketing philosophy:

    •  The company prioritizes long-term value creation over short-term gains.
    •  Berkshire Hathaway cultivates a reputation for stability, reliability, and smart investment.
  • ITC Limited Success Story | How does this Indian Conglomerate Company Make Money?

    Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. The content in this post has been approved by ITC.

    What comes to your mind when you read conglomerate company? To put it in simple sentences, a conglomerate is a grouping of various companies operating in distinct industries under one corporate umbrella; typically consists of a parent firm and numerous subsidiaries. They often have a big global presence.

    The concept of conglomerate companies is not something from a recent era but began some 200 years ago. You will be surprised to know that it was during the First World War when it actually started.

    Weimar, a city in Germany, experienced a temporary economic crisis as a result of the First World War, which allowed business owners to purchase companies for dirt cheap. Hugo Stinnes, founded Stinnes Enterprises, the most significant private economic conglomerate in 1920s Europe, which included businesses in a variety of industries, including manufacturing, mining, shipbuilding, hotels, and newspapers.

    India is no less when it comes to conglomerate companies it has formed. One such company is known to be one of the biggest conglomerate companies in India. ITC Limited, the name nobody is unfamiliar with, was founded in 1910 as a British-owned company registered in Kolkata.

    Today, ITC is India’s leading FMCG marketer. Not only FMCG, but ITC has diverse businesses in sectors such as Hotels, Paperboards and Packaging, Agri Business, and Information Technology.

    In this article, we have curated all the important information regarding ITC’s startup growth, it’s business and revenue model, challenges, key products and services, shareholders, and future plans.

    ITC – Company Highlights

    Startup Name ITC
    Headquarters Kolkata, India
    Sector Conglomerate
    Founded 1910
    Areas served Indian subcontinents, and Gulf countries
    Valuation
    Revenue ₹48,151 crores (2021)
    Website www.itcportal.com

    ITC – About
    ITC – Industry
    ITC – Key People
    ITC – Mission and Vision
    ITC – Name, Logo, and Tagline
    ITC – Startup Story
    ITC – Business Model
    ITC – Revenue Model
    ITC – Investments
    ITC – Mergers and Acquisitions
    ITC – Challenges Faced
    ITC – Online and Social Media Presence
    ITC – Awards and Achievements
    ITC – Advertisements and Social Media Campaigns
    ITC – Competitors

    ITC – About

    The Imperial Tobacco Company of India Limited, under W.D. & H.O. Wills, which is a British-based Tobacco manufacturer was founded in 1910. The company later changed its name to India Tobacco Company Limited in 1970, and then to I.T.C. Limited in 1974. The business is now known as ITC Limited, with “ITC” no longer serving as an abbreviation.

    ITC is present in a variety of industries, including FMCG, hotels, packaging, paperboards & specialty papers, and agribusiness.

    ITC is the only corporation in the world of its size and diversity to be carbon, water, and solid waste recycling positive, demonstrating its desire to be an example of sustainability practices.

    Furthermore, over 5.5 million individuals, the bulk of whom are among the poorest in rural India, have sustainable means of subsistence thanks to ITC’s enterprises and value chains.

    As of today, ITC has a market capitalization of US$35 billion and had an annual turnover of US$10.74 billion during 2019-20.  It has more than 60 facilities across India and 36,500 employees.

    ITC – Industry

    According to a survey, the industrial sector, which consists of businesses in manufacturing, power, gas, and water, established more than 47,800 new businesses in FY22.

    The conglomerate industry in India is picking up fast and changing the economics of the country.

    ITC – Key People

    ITC Limited is headed by Sanjiv Puri, who is the Chairman and MD of the company.

    Sanjiv Puri

    Sanjiv Puri is the Chairman and Managing Director of ITC Limited. With effect from December 6, 2015, he was appointed as a Wholetime Director on the ITC Board. He later assumed the positions of Chief Executive Officer in February 2017 and Managing Director again in May 2018. He was chosen to serve as Chairman, and that date is May 13, 2019.

    Sanjiv Puri holds degrees from the Indian Institute of Technology in Kanpur and the Wharton School of Business in the United States. Most recently, the XIM University in Bhubaneshwar awarded him an honorary doctorate.

    Sanjiv Puri has held the position of Chairman of the Expert Group established by the Fifteenth Finance Commission of the Government of India to promote agri-exports, and he has also participated in the NITI Aayog’s Farm to a Table discussion group on technology.

    He received the Indian Institute of Technology, Kanpur’s “Distinguished Alumnus Award of the Year 2018” for his achievements. Another honour bestowed upon him was the “IMPACT Person of the Year, 2020” Award from exchange4media, a prestigious online news source.

    ITC – Mission and Vision

    ITC Limited vision is to maintain its ranking as one of India’s most valuable companies by performing at an international level and generating growth for the Indian economy and the company’s stakeholders.

    ITC’s mission is, “To enhance the wealth generating capability of the enterprise in a globalising environment, delivering superior and sustainable stakeholder value”

    ITC – Name, Logo, and Tagline

    ITC Logo
    ITC Logo

    ITC’s name has been changed a few times. The company was originally known as ‘Imperial Tobacco Company of India Limited’ when it was under British ownership. Later, the company ventured into partnerships and was renamed the Indian Tobacco Development Company Limited.

    After Independence, the company was changed to I.T.C Limited. In present times, the company is popularly known as ITC, not as a short-form of anything.

    ITC goes by the tagline, “Enduring Values”

    ITC – Startup Story

    ITC traces back to 1910 as a British-owned company located in Kolkata, West Bengal, India. The company used to call Imperial Tobacco Company of India Limited. Soon after a year, to source leaf tobacco, the company entered into partnerships with farmers from the southern region of India.

    The “Indian Leaf Tobacco Development Company Limited” was established under the company’s aegis in the Guntur district of Andhra Pradesh in 1912. The company had its first cigarette factory in Bangalore in 1913.

    The company had its headquarters in the ‘Virginia House’ at Calcutta. After years of development and strategies, ITC decided to expand its footprint and purchased the Kidderpore factory of Carreras Tobacco Company in 1935. To drastically lower import prices, ITC assisted in the establishment of an indigenous industry to produce cigarette tissue paper in 1946.

    Within three years, a printing and packaging facility was established by ITC in Madras. The company also purchased the manufacturing operations of Tobacco Manufacturers (India) Limited as well as Printers (India) Limited’s related lithographic printing operations in 1953.

    Right after the purchase of Printers (India) Limited, ITC was converted into a Public Limited Company. With 6% of the company’s Indian shareholders, the first step toward Indianization was made in the same year. During this period, ITC also entered the consumer research market for the first time in India.

    In order to achieve self-sufficiency in the production of cigarettes, technology was more heavily focused on throughout the 1960s when establishing cigarette machines and filter-rod manufacturing facilities. In a few years, the Indian shareholding grew further to 40%.

    ITC started to enter the hospitality industry in 1975 and bought and renamed the ITC Welcomgroup Hotel Chola in Madras. The company selected the hospitality industry due to its potential to produce significant amounts of foreign exchange, develop tourism infrastructure, and produce a significant amount of direct and indirect employment.

    As the shareholders kept growing, the company started to create more hotels in the following years. It was in 1979, the company entered the paperboards business by promoting ITC Bhadrachalam Paperboards Limited.

    As the company kept growing, two more ventures were established by ITC – the ITC Classic Finance Limited and ITC Agro Tech Limited under its umbrella during the 1986s.

    The Wills Sport line of casual clothing was introduced by ITC in the 2000s, and the company also entered the stationery and gifting industries by producing the Expressions line of greeting cards and Classmate notebooks.

    ITC – Business Model

    ITC business is a multi-industry company, and as a multinational company, it has different products and different target markets accordingly. The business model of ITC is to create products that benefit its target audience by giving them a vast range of products.

    ITC sets its benchmark in various other sectors like FMCG, Agri-Business, Hotels, Paperboards and Specialty Boards, Packaging, and Information Technology.

    Here let’s take the look at the key products that covers in the business model of ITC

    FMCG

    ITC houses around 25 brands under its FMCG market, thus making them one of India’s leading marketers in Fast Moving Consumer Goods Business(FMCG). It could be seen that the company’s strategic goal is to ensure long-term success by combining and using the varied set of competencies present across all of its businesses to take advantage of new opportunities in the FMCG industry.

    Some of the brands that help us with our bare necessities in today’s age, are majorly by ITC, these are:

    ITC Foods Brands  – To name a few:

    • Sunfeast
    • Aashirvaad
    • Bingo
    • Yippee
    • B natural
    • Sunfeast Milkshake
    • Mint-o
    • Candyman
    • Sunbean

    ITC Personal Care Brands;

    • Salvon
    • Vivel
    • Engage
    • Fiama
    • Nim Wash
    • EDW ESSENZA
    • Charmis

    ITC Stationery Brands;

    • Classmates
    • Paperkraft

    ITC Incense Brands;

    • Mangaldeep

    ITC Safety Matches Brands;

    • Homelites
    • Aim

    ITC Cigarettes Brands;

    • Insignia
    • India Kings
    • Classic
    • Gold Flake
    • American Club
    • Wills Navy Cut
    • Players
    • Scissors
    • Capstan
    • Berkeley
    • Bristol
    • Flake
    • Silk Cut
    • Duke & Royal.

    Hotels

    ITC business is also expanded in the hotel sector. The company launched its first hotel in 1975 by building on the assets of its excellent sustainability standards and pioneered the idea of “Responsible Luxury” in the hospitality industry. Presently, the company owns around 100+ hotels in various locations.

    Some of the luxury and distinguished hotel brands by ITC are:

    • ITC Hotels
    • Mementos by ITC Hotels
    • Welcome Hotel
    • Storii by ITC Hotels
    • Fortune Hotels
    • WelcomHeritage Hotels

    Paperboards and Packaging materials

    The company is proud in meeting the needs of a broad range of industries, including those for FMCG cartons, electrical insulation papers, bio-based barrier coated boards, decorative laminate bases, writing and printing papers, and much more. ITC’s paperboard products range in Virgin Boards, Recyclable Barriers Boards, Recycled Boards, Barrier Boards, and Graphic Boards.

    ITC has also been a prominent contributor to paperboard packaging in South Asia. Some of the packaging services provided by ITC are cartons packaging, flexible packaging, tobacco packaging, innovation, and new product development.

    Agribusiness

    Due to its involvement in reforming and reinventing the rural agricultural area, ITC, which also operates in the agriculture sector, has solidified its place as a prominent corporate in the agricultural industry in India. ITC also started a farmer empowerment plan known as the e-Choupal to help farmers build a strong community.

    Today, e-Choupal is the world’s largest rural digital infrastructure. Some of the agri-products, that the company focuses on export and domestic trading are; Feed ingredients, Coffee, Marine Products, Food Grains, and Processed Fruits.

    IT services

    ITC Info Tech by ITC provides services in business and technology consulting. It offers its IT solutions to sectors like Banking & Financial, Services,  Consumer Goods, Manufacturing, Healthcare Travel, and Hospitality.

    Apparel business

    ITC has diversified its business in apparel and fashion as well. Fashion brands that are owned by ITC are John Players and Wills Lifestyle. However, the company had been shutting the stores of Wills Lifestyle due to losses.

    Marketing and Media Centres

    To build its brand and advertise its companies, goods, and services, ITC engages in a variety of marketing and promotional initiatives. The brand uses a variety of promotional techniques, including print, digital, and electronic media, in its advertising campaigns. It has launched several advertising campaigns that are broadcasted across various media, including radio, television, billboards, etc.

    ITC has roped in many celebrities to endorse their brands like Shah Rukh Khan for its food brand ‘Sunfeast’, Alia Bhatt for its ‘Sunfeast Dark Fantasy’ biscuits, famous cricket player like Yuvraj Singh, and Bollywood actress, Soha Ali Khan for ‘Classmate’, Kiara Advani for ‘Charmis’, and Tara Sutaria for ‘Savlon’.

    R&D Activities

    ITC has its own research and development centres. The R&D centre come under the brand name ITC Life Sciences and Technology Centre (LSTC). The centre is situated in Bengaluru, where it is involved in creating many innovative products and technology solutions to offer to its Indian customers.

    CSR Activities

    ITC has its own CSR policy where it aims to contribute as much as possible to building economic, social, and environmental capital towards the betterment of society in general. Women empowerment, Afforestation programme, Sustainable agriculture, Livestock Development, Watershed Development programme, Primary Education, Skilling & Vocational Training, Health & Sanitation, and Solid Waste Management are some of the CSR initiatives by ITC Limited.

    ITC – Revenue Model

    ITC mostly generates its revenue from the cigarette industry. Despite, the third wave of Covid, the cigarette sector’s revenue is up 10.2%.

    For FY2021-22, the company’s overall Gross Revenue at Rs. 59101.09 crores increased by 22.7%, while EBITDA increased by 22.0% to Rs. 18933.66 crores. Profit Before Tax at Rs. 19829.53 crores grew by 15.5% over the previous year and Profit After Tax stood at Rs. 15057.83 crores (previous year Rs. 13031.68 crores). Total Comprehensive Income for the year stood at Rs. 15631.68 crores (previous year Rs. 13277.93 crores). Earnings Per Share for the year stood at Rs. 12.22 (the previous year Rs. 10.59).

    ITC – Investments

    ITC has made four investments till now. Their most recent investment was on 20 April 2022, when Mylo raised ₹1.3B. Other companies in which ITC has invested are Mother Sparsh Baby Care and Azgo.

    ITC has invested around $1 million at Azgo in 2019 in corporate round funding.

    ITC – Mergers and Acquisitions

    ITC has bought two businesses. Sunrise Foods was their most recent acquisition as of May 25, 2020. They paid $21.5 billion to buy Sunrise Foods.

    Century Textiles – Nainital paper unit is another company they acquired on 16 June 2011 at an undisclosed amount.

    ITC – Shareholders

    The equity shares of ITC are traded on the Calcutta Stock Exchange, the National Stock Exchange of India, and the Bombay Stock Exchange (CSE).  Global Depository Receipts (GDRs) issued by the corporation are traded on the Luxembourg Stock Exchange. ITC is a component of the BSE SENSEX and NIFTY 50 of the NSE, two of the most important stock market indices in India.

    ITC – Challenges Faced

    In 2021, ITC was facing issues in operating outlets because of lockdowns imposed during the second wave of Covid-19. The company thinks that because of the second wave lockdown, it had severe economic and social disruptions. The limited time hours given during the lockdowns posed a big challenge for the company as there was no material supply and limited customers at its various stores.

    ITC Hotels suffered a lot during the second wave as there were restrictions imposed by the Government to curb the spread of the pandemic.

    ITC – Online and Social Media Presence

    Since ITC plays a key role in marketing and promotional activities, it knows how to keep its audience engaged and keep them updated through its various brand awareness strategies and methods, it surely has a very strong social media presence. The LinkedIn page of ITC has 2,438,418 followers, Instagram has 12.3K followers, and the Twitter page has 40.2K followers.

    ITC – Awards and Achievements

    As one of the leading Multinational Companies in India, ITC has received many awards and achievements. Take a look at the below list of some major awards won by ITC:

    • Pulp & Paper International (PPI) Awards by Fastmarkets RISI
    • First Prize At National Water Awards, 2022
    • EFI CII National Award for Excellence in Employee Relations, 2021
    • ICSI CSR Excellence Award, 2021
    • ITC’s Savlon wins big at Cannes 2017
    • Excellence in Corporate Governance and Integration’ – Porter Prize, 2017
    • World Business Development Award 2012, RIO

    ITC – Advertisements and Social Media Campaigns

    ITC knows its game when it comes to marketing itself. In 2020, ITC launched a social media campaign to voice out the different products it makes and reflects the essence of the ‘Made In India’ initiative.

    With the #ProudlyIndian Campaign, ITC wanted to grasp the Indian audience for being an important contributor to the nation with its myriad options of products, which are manufactured on Indian soil with cutting-edge technology centres and Indian farmers.

    In 2021, ITC Vivel launched a campaign on Women’s Equality day to salute all the homemaker women. With ‘Ab Samjhauta Nahin’ philosophy, the campaign highlights the gap between working professionals’ and homemakers’ expectations.

    With its #RespectWorkForHome campaign, the brand celebrates the dedicated, persistent, and selfless work of housewives. The brand demonstrates the long-standing problem of discrimination based not only on a person’s gender but also on the sort of labour performed.

    ITC – Competitors

    ITC competes with the following companies:

    In the FMCG sector

    • Hindustan Unilever Limited (HUL)
    • P&G
    • Coca-Cola
    • Dabur
    • Danone
    • L’Oreal
    • Colgate
    • Nestle
    • Godrej Consumer Products

    In Cigarettes Sector

    • Raghunath
    • Godfrey Phillips India
    • Vazir Sultan Tobacco
    • Golden Tobacco
    • Philip Morris International

    In Hotels Sector,

    • Taj Group of Hotels
    • Oberoi
    • Leela Hotels

    FAQs

    Is ITC private or government?

    ITC is a private sector company that has its presence in Cigarettes, Hotels, Paperboards & Specialty Papers Packaging, Agri-Business, Packaged Foods, Branded Apparel, Personal Care, Stationery, Safety Matches and much more.

    Who is the biggest shareholder of ITC?

    Tobacco Manufacturers India Ltd is the biggest shareholder of ITC.

    Is ITC an Indian company?

    Yes ITC is an Indian conglomerate headquartered in Kolkata.

  • Samsung: Story of a Grocery Trading Company That Turned Into a Conglomerate Brand

    Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. The content in this post has been approved by Samsung.

    In the middle of World War 2, when the nations were fighting for their alliances, there emerged a small trading company named Samsung Sanghoe in the Empire of Japan (today’s South Korea). Starting as a business that deals with groceries, fish and noodles, Samsung widened its path into various industries. The company has now become the most popular and successful conglomerate brand worldwide.

    Samsung’s steady growth and expansion strategies has given the company the 8th highest global brand value. One of its subsidiaries, Samsung Electronics, was ranked 15th in the Fortune Global 500 list for 2021. The beginning of Samsung, its entry into the conglomerate industry, hardships faced during wars and the success it gained despite these challenges are all so uplifting. Read further to know the complete success story of the Samsung Group.

    Samsung – Company Highlights

    Company Name Samsung
    Headquarters Seoul, South Korea
    Industry Conglomerate
    Founder Lee Byung-Chul
    Founded 1st March 1938
    Areas Served Worldwide
    Website samsung.com

    Samsung – About
    Samsung – Industry
    Samsung – Founders and Team
    Samsung – Startup Story
    Samsung – Mission and Vision
    Samsung – Name and Logo
    Samsung – Business and Revenue Model
    Samsung – Funding
    Samsung – Acquisitions and Investments
    Samsung – Subsidiaries
    Samsung – Growth
    Samsung – Challenges Faced
    Samsung – Competitors
    Samsung – Future Plans

    History of Samsung

    Samsung – About

    Samsung is a multinational conglomerate company based in Seoul, South Korea. The company was founded by Lee Byung-Chul in 1938. It was initially established as a trading company. The company today operates various businesses like shipbuilding, telecommunication, healthcare services, hospitality, clothing, construction, entertainment, etc., through its subsidiaries.

    Of all the businesses it runs, Samsung is well-known for its Electronics and Home Appliances. The brand’s mobile manufacturing comes under this division which is controlled by Samsung Electronics Co. Ltd. It is one of the most valued brands worldwide. The Samsung Group contributes more than 15% of South Korea’s GDP.

    Samsung – Industry

    Samsung belongs to the conglomerate sector which refers to a multi-industry company. In other words, a conglomerate company is the one that runs different independent businesses under its control. Such companies are huge and multinational.

    The United States has the most number of conglomerates followed by India. Usually, the US and the European companies are the ones to top the list of ‘World’s Largest Conglomerates’ in terms of market value. But the research shows that Asian companies are on the rise in recent years. As of April 2021, Reliance Industries is said to be the world’s 2nd largest conglomerate company with a market value of $164.9 billion as reported by Statista.

    Samsung – Founders and Team

    The following are the founders and key people of Samsung Group:

    Lee Byung-chul

    Lee Byung-Chul - Founder of Samsung
    Lee Byung-Chul – Founder of Samsung

    Lee Byung-Chul is the founder of Samsung. He was born in Uiryeong, South Korea on 12th February 1910. Byung-Chul belonged to a wealthy family and is considered to be one of the most successful businessmen in South Korea. He established Samsung in 1938 and led the company in an efficient way which in turn made it the largest business group in the country. Lee Byung-chul passed away on November 19, 1987, at the age of 77.

    Lee Jae-Yong

    Lee Jae-yong - Vice-Chairman of Samsung Electronics
    Lee Jae-yong – Vice-Chairman of Samsung Electronics

    Lee Jae-yong is the grandson of Byung-chul and is currently the Vice-Chairman of Samsung Electronics. He succeeded his father Lee Kun-hee in 2020. Jae-yong earlier served as the Chief Customer Officer and Chief Operating Officer of the company. He is considered to be the fourth wealthiest person in South Korea. Lee Jae-yong was convicted and arrested on the grounds of corruption and was released in 2021.

    Jong-Hee Han

    Jong-Hee Han - CEO and Vice-Chairman of Samsung
    Jong-Hee Han – CEO and Vice-Chairman of Samsung

    Jong-Hee Han is the new CEO and Vice-Chairman of Samsung from 2022. He earlier served in several executive positions in the company. The company said that Jong-Hee would lead the new SET division of Samsung which brings TVs, electronics and mobiles under its management.

    Kye-Hyu Kyung

    Kye-Hyu Kyung is the president and another CEO of Samsung. He is said to head the Device Solutions division of the company. Dr. Kyung was the CEO of Samsung Electro-Mechanics between 2020 and 2021. He was a part of Samsung for 30 years and is known to be an expert in semiconductor designs.

    Samsung – Startup Story

    Samsung, when it was established in 1938, wasn’t meant to be a leader in electronics or a conglomerate company. It was started as a small trading company that deals with groceries. Lee Byung-chul procured and exported noodles and other goods to China. The company was then named ‘Samsung Sanghoe’ and functioned with around 40 employees. This was the start of one of the largest conglomerates in the world.

    Samsung – Mission and Vision

    Samsung has a mission “to devote its talent and technology to creating superior products and services that contribute to a better global society.” The company wanted its customers to receive only the best products and services. It is determined to achieve that quality by using its finest resources, both human and technology. Samsung follows strict ethical values and a code of conduct in all its operatives across the globe. It believes that innovation and intelligence combined with good values result in good business and this serves to be the vision of the company.

    Samsung Logo
    Samsung Logo

    The name Samsung is derived from Korean Hancha which means ‘Three Stars’. The founder Lee Byung-chul further explained that the name refers to something big, powerful and numerous that remains everlasting and eternal.

    The logo that Samsung uses currently is the one that was enhanced and improved in 2005 from its previous ones. It was carefully assessed and redesigned based on how human eyes would judge them. Everything right from the color, design, letter spacing, height and letter sharpness were taken into consideration. The company’s motive is to possess a logo that gives visual harmony to the people. Samsung has changed its logo six times over the years since its inception.

    Samsung Logo
    Samsung Logo Changes

    Samsung – Business and Revenue Model

    Since Samsung is a conglomerate entity it is involved in various business operations. Like any other business, Samsung sells its products and services either online or through offline platforms. The company’s areas of operations include electronics, home appliances, advertisements, shipbuilding, engineering and construction, life insurance, biopharmaceuticals, and healthcare.

    Samsung generates the majority of its revenue through its electronics and semiconductor business. The product quality and its cost structure are the major success factor for the company’s growth. In 2021, Samsung’s Semiconductor business turned out to be the biggest revenue generator followed by smartphones and display panel businesses.

    Samsung – Funding

    Since Samsung has an 84-years long history most of its businesses were funded by the parent company or its affiliates. However, Samsung Electronics received two rounds of funding in 2017. The first round of funding went through on May 29, 2017, and the company raised $447.5 million through the round Samsung Electronics Supplier Financing Fund.

    Samsung Automotive Innovation Fund round is the second one that was held in September 2017, where the company raised $300 million.

    Samsung – Acquisitions and Investments

    Samsung Group has made hundreds of acquisitions and investments over the years. These investments by Samsung are made by its subsidiaries through which the company runs its entire operations. The electronics division has made 37 investments and 46 acquisitions whereas Samsung Ventures has made 256 investments in startups.

    Investments

    The following is the list containing some of the recent investments by the subsidiaries of Samsung group in several of their related businesses.

    Date Company Name Invested Amount
    June 21, 2022 NeuReality
    May 11, 2022 Carbon Clean Solutions $148M
    May 3, 2022 SLAMcore $16M
    April 20, 2022 Double Me $25M
    April 7, 2022 DigiLens $50M
    March 22, 2022 Yug Labs $450M
    March 29, 2022 Jaguar Gene Therapy
    March 14, 2022 Raven
    February 17, 2022 DiaMon Tech AG $5.2M
    December 28, 2021 FloatMe $16.2M
    November 10, 2021 TriEye $74M
    November 4, 2021 DigiLens
    September 29, 2021 QC Ware $25M
    September 21, 2021 HomeCourt $25M
    September 14, 2021 XPerience XR
    July 26, 2021 Lucid Motors $4.5B
    June 23, 2020 NexAtlas $200K
    January 28, 2020 Directly $20M
    November 27, 2019 42Maru $89K
    October 15, 2019 Antaria

    Acquisitions

    The following are some of the most significant and recent investments of Samsung Group:

    Date Company Name Amount
    April 2022 Bioepis $2.3B
    January 13, 2020 TeleWorld Solutions
    January 28, 2019 Corephotonics $155M
    October 17, 2018 Zhilabs
    March 6, 2018 Kngine $275K
    November 28, 2017 Fluenty
    July 10, 2017 innoetics
    June 16, 2017 VRB $5.5M
    February 15, 2017 Melaud
    February 3, 2017 Perch
    November 23, 2016 QD Vision
    October 5, 2016 Viv
    August 14, 2014 SmartThings $200M
    January 2013 NeuroLogica
    May 9, 2012 mSpot

    Samsung – Subsidiaries

    Samsung runs its conglomerate business operation through 12 of its major subsidiaries. Here is the list of those companies:

    Samsung Electronics

    It serves to be the forerunner for the entire Samsung Group. All the consumer electronics and home appliances like TVs, ACs, refrigerators, smartphones, semiconductors, etc., come under this division. It serves to be the leading revenue generator for Samsung.

    Samsung Electro-Mechanics

    This company manufactures mechanical and electronic parts for various companies. Its products include parts for mobiles, chips and camera modules.

    Samsung SDI

    Samsung SDI is involved in the production of energy solutions like rechargeable batteries for various electronic materials. It was established in 1970.

    Samsung SDS

    SDS stands for Samsung Data Systems which provides IT solutions and various technical outsourcing services. It is establishing itself in Artificial Intelligence, Blockchain and various other recent technological developments.

    Samsung Engineering

    Samsung Engineering was earlier known as Korea Engineering which was established in 1970. It is involved in the design and execution of chemical, petrochemical, oil refinery, fertilizer and power plants across the globe.

    Samsung C&T Corporation

    This is a construction company that was responsible for building various popular structures and civil projects across the world. Burj Khalifa, Petronas Towers and Mersey Gateway were all built by Samsung C&T Corporation.

    Samsung Everland

    It has been the subsidiary of Samsung C&T Corporation in December 2013. This company deals with food, textile, fashion and resort businesses. It operates in more than 50 countries.

    Cheil Worldwide

    Cheil is an advertising agency under Samsung Group and is one of the world’s largest in terms of revenue. It is known for its creativity and has several big companies like Coca-Cola, Nestle, Adidas, Microsoft, etc. as its clients.

    Samsung Life Insurance

    Samsung Life Insurance is a Fortune 500 company and is the largest and most valuable company in South Korea. It offers health and life insurance and annuity services to people.

    Samsung Heavy Industries

    Shipbuilding is the primary activity undertaken by Samsung Heavy Industries. It is reported that around 30 ships are being launched every year from its docks. The company’s other activities include procuring and transporting heavy machinery for various industrial and construction activities.

    Samsung Fire and Marine Insurance

    This company is involved in providing insurance and financial services for transportation and business activities. It provides automobile insurance, general insurance, enterprise risk management insurance, etc.

    Samsung Biologics

    Samsung Biologics is a biopharmaceutical company that develops medicines and antibodies for various diseases. This company has an R&D center in California and has obtained several ISO certifications.

    Samsung – Growth

    Samsung's Revenue Growth
    Samsung’s Revenue Growth

    Samsung was involved in the trading business for 12 years until 1950 when the Korean war broke out. After the end of the war in 1953, Byung-chul decided to expand the business and focused on textiles. As a result, he started a woolen mill which was the biggest in the country at that time. The industrialization of that period and the government’s Protectionist policies helped him in boosting his business.

    Samsung started acquiring diverse businesses by the late 1950s and took over three large banks in Korea, an insurance company, an industry that manufactures cement and fertilizers, department stores, an oil refinery, etc., over the years. It was only in 1969 that Samsung entered the electronics industry. Today the growth of Samsung Electronics is astounding. It tops the global rankings in mobile phones and electronics. The company also entered the telecom business in 1980.

    After acquiring a lot of businesses, Samsung started creating subsidiaries to group those companies for efficient management. The death of its founder Lee Byung-chul in 1987 led to disagreements in management and Samsung was separated into five groups. Each group went away with its related industry where Samsung Group held back its electronics business in addition to the construction, security, energy and insurance business.

    The company started to focus on electronics and semiconductors after its separation. It innovated and introduced many equipment and devices which helped Samsung achieve a successful reach in the global market. Samsung also stepped into the aerospace industry in 1999 and is involved in the production of aircraft engines and gas turbines.

    Before establishing its smartphone unit in 2007, Samsung started developing its set-top box technology. The first Samsung smartphone was released in June 2009 and within 3 years of its introduction, in 2012, Samsung Electronics became the largest producer of smartphones in the world. Then the company started creating more benchmarks and achieved many milestones in smartphone production and sales. Today, Samsung has the world’s largest mobile manufacturing plant which is located in Noida, India.

    Samsung – Challenges Faced

    Samsung was accused of several labor abuse and child labor law violations. Few of the suppliers of Samsung were brought under this allegation. The company investigated the matter and terminated business relationships with those suppliers that were confirmed to be violating laws.

    In 2012, Samsung was taken before a court of law by Apple for the infringement of six of its patents. Apple claimed damages for $2.5 billion. Samsung, in return, accused Apple of violating its patents. Finally, it was ruled that Samsung had to pay damages of $1.05 billion and also said that Apple did not violate any patents. The ruling also rejected Apple’s plea to ban the selling of eight models of Samsung phones.

    A major challenge that Samsung faced was after the death of its founder Lee Byung-chul in 1987. The company was split into five groups. Despite the hardships, Samsung focused on the growth strategies with the industries under its management and established itself as a global brand.

    Samsung – Competitors

    Since Samsung is a conglomerate company it has numerous competitors in all the industries of its business. Here are a few of its top rivalries:

    Apple

    As we all know, Apple is a popular brand that is involved in the manufacture of consumer electronics like mobile phones, tabs, laptops, etc. There have been direct conflicts between Apple and Samsung nevertheless they have a great competition among their products.

    Intel

    Intel is an American Company that manufactures and supplies microprocessors and chips for various popular companies. It was once the largest producer of semiconductor chips in the world but Samsung captured the top position in early 2022.

    LG Electronics

    LG Corporation is another multinational conglomerate from South Korea similar to Samsung. LG is popular for its TV, computers, vehicle components, and other home appliances. This company is the second-largest manufacturer of TVs in the world. The first position is retained by Samsung.


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    Samsung – Future Plans

    ‘Together for Tomorrow’ is a new vision that Samsung has announced in 2022 for building a sustainable future. With this initiative, the company is planning on building technology that leaves no footprint or less impact on the environment. Also, higher attention would be paid to the disposal of products after use. The company is also aiming to reduce carbon emissions from its plants.

    Samsung is also on the move to nullify the power consumption of its TVs and phone chargers during standby. These devices are said to consume power when they are switched on and not in use. By 2025, Samsung is determined to reduce its device’s standby power consumption to zero.

    Samsung wanted to fulfill the diverse needs of its customers. To achieve this the company is researching ways to provide a customized experience for its users like modifying the devices that suit their lifestyle. Samsung has made an announcement on this at its recent CES 2022 event.

    FAQs

    When was Samsung founded?

    Samsung was founded in 1938.

    Who is the founder of Samsung?

    Lee Byung-Chul is the founder of Samsung.

    Who are the top competitors of Samsung?

    Some of the top competitors of Samsung are:

    • Intel
    • Apple
    • LG Electronics

    What is the revenue of Samsung?

    Samsung’s global revenue is $244.4 billion in 2021.

    What is the number of employees working for Samsung?

    There are 287,000 employees in Samsung.

  • Future Group – Creating And Executing Future Scenarios In The Consumption Space

    Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. The content in this post has been approved by Future Group.

    Supermarkets in India are unusual in various aspects, owing mostly to the range of customers and, as a result, the retail sector’s different distribution strategies. The food business in India works throughout channels, from mom-and-pop shops to major supermarkets to online grocery stores.

    We all have heard about the Big Bazar, one of the largest Indian retail chains of hypermarkets. All groceries, food, clothing, and retail stores are united underneath one rooftop. The retail chain of the company was founded by Kishore Biyani’s parent firm, Future Group, which is well-known in the Indian fashion and retail sectors.

    Kishore Biyani founded the Future Group, an Indian firm headquartered in Mumbai, Maharashtra. With prominent grocery chains like Big Bazaar, as well as lifestyle outlets like Brand Factory and Central, the firm is well-known in the Indian fashion and retail industries.

    Future Group – Company Highlights

    Startup Name Future Group
    Headquarters Mumbai, Maharashtra, India
    Industry Conglomerate
    Founders Kishore Biyani
    Founded 1987
    Products/Services Retailing, Insurance, Logistics, Integrated foods, FMCG
    Website www.futuregroup.in

    About Future Group and How it Works?
    Future Group – Industry
    Future Group – Name, Logo, and Tagline
    Future Group – Founders
    Future Group – Startup Story
    Future Group – Mission, and Vision
    Future Group – Operations, and Subsidiaries
    Future Group – Business Model
    Future Group – Joint Ventures
    Future Group – Competitors
    Future Group – Controversies

    About Future Group and How it Works?

    Future Group, an Indian conglomerate, is well-known in the Indian fashion industries and retail, including prominent supermarket chains such as Big Bazaar, as well as lifestyle boutiques such as Brand Factory. The company is also well-known in the FMGC and integrated foods production industries.

    Future Group is a business conglomerate that manages practically all of its operations through its several operational entities depending on target industries. For instance, its retail business segment, Future Retail Limited, operates retail hypermarket or supermarket chains Big Bazaar (now owned by Reliance), FBB, Food Hall, Food Bazaar, Hometown, and others, while its clothing and fashion outlets Central, Brand Factory, and Planet Sports are run by another one of its business units, Future Lifestyle Fashions Limited. Furniture is sold at HomeTown stores around the country as well as digitally.

    The Future Group also advertises its style and sporting brands such as Indigo Nation, Lombard, Spalding Bare, and FMCGs such as  Clean Mate, Tasty Treat,  Fresh, Ektaa, & Pure, Sach, Premium Harvest, and others through these numerous retail boutiques and supermarkets. It has operational firms that handle internal financial concerns and consultancy for the rest of the company.

    Future Group – Industry

    Future Group is a conglomerate or a multi-industry company.

    Retail:

    The retail industry in India is expected to increase to $1.5 trillion by 2030, up from $0.793 trillion in 2020, due to social-economic reasons such as industrialization, rising incomes, urbanization, and the expansion of nuclear families. The Indian e-commerce market, on the other hand, is anticipated to reach $350 billion by 2030, with a CAGR of 23%.

    Financial Services:

    India’s financial industry is broad and quickly increasing, both in terms of new entrants and the robust expansion of current financial services organisations.

    The industry includes commercial banks, insurance companies, co-operatives, pension funds, mutual funds, and other smaller investment companies. The banking regulator has recently approved the establishment of new firms, such as payment banks, extending the sorts of entities that operate in the market. Nonetheless, India’s financial business is predominantly a banking sector, with commercial banks accounting for about 64% of the total capital in the financial system.


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    Future Group – Name, Logo, and Tagline

    Company Logo of Future Group
    Company Logo of Future Group

    According to the Future Group’s website, more than two million people visit their digital networks and stores every day to explore their product brands and collaborate with them in procuring, producing, and transporting items that meet the requirements and ambitions of a newer or future India. This is where their name is derived from.

    Future Group’s tagline says, “Shaping India’s consumption journey.”

    Future Group – Founders

    Kishore Biyani founded the Future Group in 1987.

    Kishore Biyani - Founder of Future Group
    Kishore Biyani – Founder of Future Group

    Kishore  Biyani

    Kishore Biyani, began his career selling stone-wash denim fabric in Mumbai in the 1980s. He is the CEO and creator of Future Group, as well as Big Bazaar and Pantaloon Retail, two retail firms. His ambition was to make something that only the wealthy could purchase available to everyone.

    He planned to develop his own brands and commerce channels, and spend extensively on building the country’s top consuming ecology in the near future. Along the way, he invested in and mentored a number of other entrepreneurs and companies. He exemplifies the company’s motto, ‘Rewrite Rules, Retain Values,’ and believes Indianness to be the organization’s fundamental value.

    Future Group – Startup Story

    Kishore Biyani, the founder of Future Group, started working at his father’s, brothers’, and two elder cousins’ fabric-trading firm, “Bansi Silk Mills,” but was disillusioned and dissatisfied with the way they operated the company. Kishore noted that several of his friends used to wear “stonewashed” cloth pants at that time.

    His first entrepreneurial breakthrough came when he discovered a local fabric producer who specialised in that type of cloth and marketed it to garment manufacturers and distributors in the city. In 1983, he established his own company, ordering the production of attractive cloth for sale to garment makers.

    Pants were once known as “Patloon” in Hindi, from which they derived their brand name Pantaloon. Kishore later founded the Future Group to give his “Pantaloon” brand a new dynamic. Using a franchise concept, he developed the “Pantaloon” brand into retail. Afterwards, when, in 2001, the basis for Big Bazaar was established,  Future Group added a slew of new brands, including Home Town, Ezone, Factory, Food Bazaar, Central, and Fashion at Big Bazaar.

    Kishore listed 60 percent of his firm on the Indian stock market to acquire funding for retail upgrades, development, and advertising in 1992. By 1994, the Pantaloon franchise company had grossed 9 million rupees.

    Biyani built his debut department store in Kolkata in August 1997, first renting and remodelling a 10,000 square foot space. This retail chain was much more than double the size of any other in Calcutta, and within three weeks, he opened 2 more such market stores. In 2001, he expanded his success by creating a network of retail establishments under the Big Bazaar nameplate. There were more than 100 Big Bazaar outlets around the country by 2009.

    The Big Bazaar shops were purposefully built to seem chaotic, similar to the classic market stalls that his consumers were already used to. The Big Bazaar shops serve over two million consumers every week, while Pantaloon Retail employs over 30,000 people and has over 12 million square feet of retail space spread over 1100 locations in 75 cities. Every year, more than 300 million people, or one-fourth of the public, visit or return to the Big Bazaar outlets.

    Future Group – Mission, and Vision

    Future Group’s mission statement says, ” We share the vision that our customers and stakeholders are best served by creating and executing future scenarios in the consumption space leading to economic development.

    We will be the trendsetters in evolving consumer brands and delivery formats and by making consumption affordable for all customer segments. We shall infuse Indian brands with confidence and renewed ambition. We shall be efficient, cost-conscious and committed to quality in whatever we do.

    We shall ensure that our positive attitude, sincerity, humility and united determination shall be the driving force to make us successful.”

    The organisation shares the vision and belief that the best way to serve its customers and stakeholders is to create and implement future consumption scenarios that contribute to economic progress.

    Future Group – Operations, and Subsidiaries

    Financial Services:

    • Future Ventures
    • Future Generali India Life Insurance
    • Future Capital Holdings (for internal financial services)
    • Future Generali General Insurance

    Retail:

    • Future Lifestyle Fashion Ltd
    • Swathi Tiffin Shop
    • Future Retail Ltd
    • Future Enterprises Limited
    • Foodhall
    • Future Consumer Limited

    Other Services:

    • Future Brands
    • Future Innoversity
    • Future Supply Chains

    Future Group – Business Model

    Being in the industry of multi-brand retailing commerce is the company’s primary focus. There are roughly 20 small hypermarket easyday outlets and over 210 supermarket easyday stores available to the organisation.

    Value business and home business are the two most common retail models. Food Bazaar, a supermarket;  Big Bazaar, a hypermarket; Food Hall, a supermarket;  FBB, a fashion destination; and Easyday convenience stores, are all part of the company’s revenue operation. eZone, a consumer durables and electronics chain and Hometown, a one-stop shop for home renovation, are two of the company’s home businesses.


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    Future Group – Joint Ventures

    Generali Group

    Italy-based Generali is an insurance firm that operates in India under the Future Generali Insurance brand.   In India, Future Generali is represented by two legal entities: Generali India Insurance Co. Ltd. (Non-Life Insurance) and  Generali India Life Insurance Co. Ltd. (Life Insurance).

    Celio

    Celio, a French fashion house, first entered the Indian market in 2008 in a 50:50 joint venture with Pantaloons Retail India Ltd, a subsidiary of Future Group (now Future Retail Ltd). Celio increased its interest in the joint venture to 65 percent in November 2013.

    Clark

    C&J Clark International Ltd. is accessories and footwear retailer established in the United Kingdom. The Future Group and Clarks Future Footwear Ltd have a 50:50 joint venture.

    Staples Inc

    Under a joint venture with Future Group, Staples Inc., a US-based office supplies store, has a presence in over nine cities in India.

    FabFurnish

    FabFurnish joined a Future Group company in April 2016.

    Skechers

    In 2012, Skechers entered India with a joint venture with Future Group. Skechers bought out Future Group’s 49 percent ownership in February 2019, bringing the joint venture to a close.

    Future Group – Competitors

    DMart, More, Spencer’s Retail Limited, Bigbasket, Reliance Retail, Star Market, Nature’s Basket, Mahindra, Hypercity, and Peppertap are the top ten competitors in Future Group’s competitive group.

    Future Group – Controversies

    • Future Group and its founder Kishore Biyani are accused by the Jeff Bezos-led e-tailer of disobeying an interim decision issued by a Singapore arbitration court in October, which blocked the asset sale. Amazon has also urged an Indian court to imprison Biyani and has requested local regulators not to accept the Future-Reliance agreement while the arbitration is still ongoing. Amazon charged Future Group of violating provisions of a mutual agreement by publicizing an asset sale transaction with Reliance, the conglomerate led by Mukesh Ambani, in early October 2021.
    • Drowning in debt, Future Retail Ltd (FRL) announced in April 2022 that it has missed the deadline for repaying lenders Rs 5,322.32 crore due to continuing lawsuits with e-commerce giant Amazon and other concerns. This pushed Reliance Industries’ retail arm, Reliance Retail Ventures, to seek an amendment of the agreement’s long-stop date in order to complete the agreement with the Future Group.
    • The halt on the arbitral process between Amazon and Future Group before the Singapore International Arbitration Centre was removed by the Supreme Court of India in April 2022. Future Retail’s request for a stay of proceedings before SIAC will also be heard on a priority basis, according to the Bench. According to the Supreme Court’s judgement, the interim motion will be sent to the Delhi High Court, where proceedings have already commenced, as agreed by both companies.

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    Future Group – FAQs

    What does Future Group do?

    With prominent grocery chains like Big Bazaar, as well as lifestyle outlets like Brand Factory and Central, the firm is well-known in the Indian fashion and retail industries.

    Who founded Future Group?

    Future Group was founded by Kishore Biyani.

    Which companies do Future Group compete with?

    DMart, More, Spencer’s Retail Limited, Bigbasket, Reliance Retail, Star Market, Nature’s Basket, Mahindra, Hypercity, and Peppertap are the top ten competitors in Future Group’s competitive group.

  • Nusli Wadia Success Story: Chairman of the Oldest Indian Conglomerate – The Wadia Group

    India has given rise to many billionaires who now hold a major number of positions on the list of the world’s wealthiest people. India, behind the United States and China, has the third-highest number of billionaires in the world, according to Forbes magazine.

    India has surpassed Germany (136 billionaires) to take third place in the list of countries with the most billionaires in 2021, according to Forbes. Well, there is one such infamous wealthy family in India, who isn’t much talked about, but plays a significant role in the Indian business sector. They are the Wadia Group.

    Mr Nusli Wadia, the chairman of Wadia Group and principal owner of Bombay Dyeing, a large Indian textile company, is regarded as one of the most astute business people in the industry. If you want to know more about this great businessman read this article.

    Biography:

    Name Nusli Wadia
    Qualification PhD in Chemical Engineering
    College University of Florida, U.S.A
    Profession Entrepreneur
    Father Neville Wadia
    Mother Dina Jinnah
    Spouse Maureen Wadia
    Birthplace Mumbai, Maharashtra
    Born 15 October, 1994
    Position Chairman of Wadia Group

    About Nusli Wadia
    How Nusli Wadia Kept Bombay Dyeing Afloat
    Nusli Wadia’s Dream of Acquiring Britannia
    How Nusli Wadia and Ratan Tata went from Friends to Foes
    FAQ

    About Nusli Wadia

    Bombay Dyeing, a well-known Indian textile company, is led by Mr Nusli Wadia, who is also the majority stakeholder. The Indian Parsi businessman is the son of Neville and Dina Wadia and the grandson of Pakistan’s founder, Muhammad Ali Jinnah. The Wadia Group, which has significant real estate holdings across Mumbai, is valued at $4.1 billion and possesses one of the city’s largest land banks.

    Wadia, although being connected to Jinnah, had a complicated past. He was born a Christian but subsequently converted to Zoroastrianism to dwell among Mumbai’s industrially prosperous Parsi community. He has completed his PhD in Chemical Engineering from the University of Florida in the United States. Nusli was sent to a public school in England (Rugby) for his schooling, where he was a bit of a failure by all accounts.

    Nusli Wadia’s Sons

    Nusli’s sons are Ness and Jehangir Wadia. Ness Wadia oversees the IPL team Kings XI Punjab.

    Ness Wadia
    Ness Wadia

    Jeh Wadia founded GoAir (now GoFirst) in 2005, at a time when the market was dominated by Air India, Air Asia, SpiceJet, Kingfisher, and other major airlines.

    Jehangir Wadia - GoAir
    Jehangir Wadia

    Nonetheless, GoAir’s joint management team of Nusli and Jeh Wadia was able to establish a brand for the airline through low rates, effective operations, and smart development.

    How Nusli Wadia Kept Bombay Dyeing Afloat?

    When Neville Wadia tried to sell Bombay Dyeing to the Goenkas from Kolkata in 1971, Nusli stood in his way. To derail the purchase, he persuaded employees to acquire stock in the firm and keep it afloat. The textile behemoth was kept as a result of this action, and Nusli Wadia was able to demonstrate his commercial acumen by increasing the worth of the company. As a result, he became Chairman of Bombay Dyeing, succeeding his father.

    Mr Wadia has been Chairman of the Bombay Dyeing since 1977. He has been Chairman of the Board of Bombay Burmah Trading Corp. Ltd. since July 27, 1982, and a Director since October 28, 1980.

    He was a member of the Prime Minister’s Council on Trade and Industry in 1998, 1999, and 2000. He was the Convener of the Special Group Task Force on Food and Agro Industries Management Policy in September 1998.  He was a member of the Special Subject Group on Disinvestment and the Special Subject Group on Reviewing Regulations and Procedures to Unbind Indian Industry.

    The Wadias are one of India’s most prominent business dynasties. They have always prided themselves on doing business honestly, never paying bribes, and never dealing in black money.

    In the late 1970s, Bombay Dyeing was still India’s largest and best textile company. That wasn’t the one, though, that everyone was talking about. The ‘Polyester War,’ as the battle between Wadia and Ambani was dubbed, became part of corporate lore. It was a fight that included not only the two of them but also several politicians, including then-Prime Minister Rajiv Gandhi and his Finance Minister V P Singh, as well as two news organizations, the Indian Express and the Observer.

    For two years, Wadia was held in the courts. His passport was taken, and a deportation order was issued. Wadia was found not guilty after 42 court hearings and 2,500 pages of interrogation.

    For Mr Wadia, the 1990s were a pivotal decade. He was no longer a major source of concern for the Ambanis; they had simply outgrown him. Wadia needed to show that he knew how to operate a business.

    Nusli Wadia’s Long Awaited Dream of Taking Over Britannia

    Nusli had a long desire to engage in the biscuit sector and had agreed to take over Britannia in India with Huntley and Palmer. While Nusli met with Nabisco officials through his friend (and cashew firm partner), Rajan Pillai, and looked to have secured an agreement in which he would still be allowed to purchase Britannia, the Americans eventually changed their minds. Rajan Pillai was named chairman, and Britannia was maintained.

    Pillai teamed up with Danone, a French business, but the two swiftly fell out, with Danone accusing Pillai of being dishonest. Nusli came in as Danone’s new Indian partner to fill the vacancy.

    After a protracted judicial and public battle, Pillai was removed, and Wadia finally got his heart’s desire: The Control of Britannia. Mr Wadia has been named Non-Executive Chairman of the Board of Britannia Industries Limited. He joined Britannia Industries Limited’s board of directors on September 5, 1993, and has been Chairman since.

    How Nusli Wadia and Ratan Tata went from friends to foes

    Ratan Tata with Nusli Wadia
    Ratan Tata with Nusli Wadia

    Ratan Tata and Nusli Wadia have a personal connection that goes beyond business. Nusli served as a mentor for Ratan Tata in addition to being childhood pals. As a result, people were taken aback when they learned that Nusli had brought a defamation suit against the Tata Group and Ratan Tata.

    All of this began when Wadia chose Mistry over Tata for the position of Tata Group chairman. As a result, he was sacked as a Tata Motors independent director.

    He subsequently dropped the case, but only after receiving notification from India’s Supreme Court. He also gave up the Rs. 3000 crore he would have gotten if he had won by settling.


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    Conclusion

    The epitome of a workaholic Mr Wadia is a firm believer in living a simple life. He is believed to do a lot of his cooking, and despite spending a lot of time in London, he enjoys vacationing in Goa. Cricket is his main interest, and he rarely remarks, either literally or symbolically.

    FAQ

    What is the net worth of Nusli Wadia?

    The net worth of Nusli Wadia is 370 crores USD.

    What companies does Wadia Group own?

    Wadia Group owns, Go First Britannia Industries, Bombay Dyeing, Bombay Realty, Bombay Burmah Trading Corporation, National Peroxide, and Wadia Techno-Engineering.

    What is the business of Ness Wadia?

    Ness Wadia is the Managing Director of Bombay Burmah Trading Company Limited and Chairman of National Peroxide Limited.

  • The Business Model And Main Competitors Of Tesco

    Tesco is one of the biggest multinational conglomerate companies in the world, that mainly focuses on grocery and general merchandise retailing. The company has its headquarters based in Welwyn Garden City, England. It is now said to be the third-largest retailer in the world if measured in terms of its gross revenue, while if the conglomerate is measured based on its total revenue it stands in the Ninth spot in the world.

    There is no doubt when we say that Tesco is the market leader of groceries in countries like Hungary, Thailand, Ireland and the UK. In the United Kingdom, the company is known to hold over 28.4% of the overall market share. Besides that, it also has its outlets in seven countries of continents like Europe, North America and Asia. Tesco is probably one of the most recognizable retail names in the United Kingdom especially when it comes to grocery shopping.

    But what you may not know is that the company also completes with other retailers like convenience stores and general merchandise. The British conglomerate has made a name for itself through organic growth and most notably through a series of strategic acquisitions it’s acquired and its subsidiaries since it was first created. The Tesco business strategy believes in expanding into a combination of acquisitions of new stores, retail services and adapting to the needs of consumers.

    The main aim of the Tesco business model is to serve the customer not just in the UK but around the world and make them happy. This is more cost-effective for the business than acquiring new ones. According to some studies, the company’s record-breaking sales is said to be more than £1billion a week and which was better than the expected annual profits of over £3.4billion for 53 weeks to 28 February 2010, despite the impact of the global downturn.

    In the UK, Tesco currently has more than  2,200 stores that can range from the large Extra hypermarket style stores to other small-sized Express high street style outlets. Tesco online success is due to the expansion of its customer base via its online website and app through which it attracts more than a million regular customers and sells a huge variety of original product categories when it comes to groceries. Tesco digital marketing strategy is also responsible for making its customers return.

    While its general merchandise sector has now diversified and has its foothold in industries such as banking, insurance services, electrical consumer goods, telephone gadgets and quality airtime. This article will tell you just how Tesco business model made the company so successful and will also contain Tesco competitors analysis.

    The Business Model of Tesco
    The Four Components of Tesco Business Model
    What is Unique about Tescos Business Model?
    Key activities of Tesco
    The value proposition of Tesco
    The Main Competitors of Tesco
    Frequently Asked Questions


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    The Business Model of Tesco

    Tesco is one of the largest commercial and grocery store chains in the world, while the Tesco online market share is the largest when we regard the European market. Not only is Tesco marketing strategy and business model very successful in terms of selling its products but it’s also known to be extremely unique and professional in its ways of handling business and further possibilities. The Tesco business model is designed in a way wherein the company buys, moves and sells its various products and services to their customers to get insight in order to do a bit better each time.

    Tesco business model focuses on four major components. The first step to Tesco business model analysis is in bringing in more feedback and insights into what customers want and try to understand their needs. By doing that Tesco can sell and distribute their products and services to their customers. The business model of Tesco is flexible, as the company is also willing to adjust or and improve its four components to accommodate the different types of customers that shop with them, this process also makes their shopping experience better and easier.

    The Four Components of Tesco Business Model

    Product

    The Tesco model offers its customers quality products that are developed by their Product team. Tesco company products are said to be of high quality because its team has an absolute focus on fair, transparent, mutually beneficial relationships with suppliers. The Product team works with our suppliers to source the best possible range of quality products that meet and anticipate our customers’ needs.

    Channels

    Tesco online success is because the company brings the best products to customers even through its online portals. Tesco online business model works through a range of channels from small shops to large shops and also focuses on growing their online business. As part of improving our offer, the company is investing in making our channels even more efficient and convenient for our customers.

    Customers

    Tesco business relies on serving its customers and its business model has customers at its core. We listen to our customers and act on what is important to them to deliver the best shopping trip: price, service, range and availability.

    Reinvest

    The main focus is to improve Tesco for customers. With the Tesco strategic plan 2021, the company aims at becoming more efficient and reinvesting some of the savings we make to improve the shopping trip. The reason for this reinvestment is clear, the better a job we do for customers, the more we will improve sales; the more our sales improve, the more we can reinvest.


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    What is Unique about Tescos Business Model?

    Tesco has is one of the most unique business models when you analyze its rapid expansion first throughout the United Kingdom. It has expanded its footprint over the whole Eastern European area especially along the side of Ireland and Scotland. Tesco gains its large number of stores by simply buying off other small-sized stores in large quantities and also by purchasing the midsized grocery store chains.

    This way instantly resulted in Tesco gaining numerous new stores, which were then connected with one business transaction. So what makes Tesco different from competitors? These are some unique factors about Tesco business model are:

    Buying huge quantities of produce to then sell cheap

    Everyone knows that the more someone buys from a product, the cheaper the product will become. The company maintains highly competitive prices up to the point where it has started to self-produce most of its grocery products in order to become even cheaper and give way to further specialization.

    The company is self-producing

    Tesco has also been extensively successful because it’s been producing its own grocery products in its own factories for a long time now. This way it can work at way lower rates than its competitors who do not have the means to produce their own goods. The company has become so successful in terms of self-producing its goods that these days it’s also been dealing with the production of premier quality products which are sold under Tesco’s brand name.

    It has Online gateways

    Tesco has opened its website and app through which it has been selling its products online with massive success especially in countries like the UK and other countries throughout Europe. Many people are not aware that this creates a unique situation as Tesco is the only chain of its kind in Europe that could keep its online shopping system successful and profitable.

    Increasing the number of stores

    Tesco has started to diversify and increase its stores, in order to make its services products more widely available for a larger crowd of people. This way, one doesn’t need to travel to another city or town whenever they want to shop at a Tesco. It’s enough to pop in for a quick shopping in a Tesco Express or in a Tesco Metro which was established for this exact reason.  


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    Key activities of Tesco

    When you do a Tesco market segmentation analysis, you will find that these are the main segments that the company focuses the most on.

    • Procurement
    • Pricing
    • Marketing
    • Customer federalization
    • Diversification
    • Buying and selling consumer goods
    • Effective distribution system
    • Analyze consumer demand
    • Warehousing and logistics

    The value proposition of Tesco

    Tesco business strategy covers all segments of the market like:

    • One-stop shopping place
    • Good prices
    • Complementary services
    • Wide range presence and selection
    • Variety combined
    • 24/7 shopping experience
    • Safety
    • Convenient online shopping
    • Business diversification (telecom, gas station, banking and photo)

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    The Main Competitors of Tesco

    Tesco’s competitors are Sainsbury’s, ASDA, Waitrose and Morrison’s. These four companies are called the Big Four in the United Kingdom. Tesco competitors analysis shows you how over the past few years, grocery companies like Aldi and Lidl have started to grow exponentially and become strong competitors to Tesco.

    The conglomerate also competes with the local convenience stores, which are slowly gaining popularity as they cater to customers based on their different tastes. The local convenience store market is highly fragmented.  According to a research done, in the U.K. grocery market leader because it has 26.9% of market share, while Tesco main competitors is Sainsbury’s followed by ASDA, which have 15% and 14.1% of market share respectively.

    ASDA

    Asda logo
    Asda logo

    ASDA is a British supermarket chain that is one of Tesco main competitors. The company was founded as a joint venture between the Asquith family and a Yorkshire company known as Associated Dairies back in 1949. The company was earlier a major subsidiary of Walmart until 1999 but was later brought over by Zuber and Mohsin Issa and TDR capital in 2021.

    So far Asda is known to have over 635 retail locations, more than 584 of which are supermarkets. Besides being one of the top grocery company in the UK, it also operates larger format superstores, which sells clothing and furnishing in addition to groceries. ASDA’s competitive strategy aims at keeping its prices low and improving its store layouts and online sales channel so it can easily revolve according to the shopper’s habits.


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    Sainsbury

    Sainsbury logo
    Sainsbury logo

    Sainsbury is one of the top Tesco competitors in the UK. Sainsbury was founded in London England in 1869. Like Tesco, Sainsbury also has its foothold in industries such as in the logistics, wholesale and retail distributor’s space. But compared to Tesco, Sainsbury’s is said to generate over $47.3 billion less revenue. Its efforts in its marketing have led the company to become the second-largest grocery chain in the United Kingdom, it currently has 1,415 locations across the country

    The company to charges a premium for grocery products, though price reduction has been an important element of its recent competitive strategy and this is why Sainsbury is tesco’s biggest competitors. To increase customer engagement, Sainsbury’s is experimenting with different store layouts, expanding its offering to general merchandise categories and promoting its in-store banking services. ‌‌  

    Morrisons

    Morrisons logo
    Morrisons logo

    Morrisons is another top contender for Tesco which is headquartered in Bradford, England. The company was founded in 1899 and is in the Hypermarket and Supercentres industry. The company has more than 492 supermarkets and has over 50 convenience stores. Morrisons operates 18 plus food manufacturing facilities, it also has eight distribution centres, and directly engages farmers to get fresh and good quality poultry, meat and produce.

    Morrisons is a tesco competitor because it is working towards making improvements in its stores along with its vertically integrated structure while reducing everyday prices. The company aims in creating a more balanced approach to promotional pricing is also an important element of the strategic price review. Morrisons has recently adopted a new strict capital expenditure budget, Which is why most of the new stores opening are in the smaller convenience format.


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    Aldi

    Aldi logo
    Aldi logo

    Aldi is a top Tesco competitor and a popular German grocery chain which have its headquarters based in Essen, Germany. It operates in over 10,000 stores in 20 different countries. Aldi is one of the top discount grocers in the whole of Europe. This Tescos competitors offers low priced grocery items with a disproportionately high private label offering. Similar to Tesco marketing strategy, Aldi does not accept manufacturer coupons but does offer huge discounts on groceries. Besides that, it holds Aldi holds weekly specials on general merchandise products.

    Waitrose

    Waitrose logo
    Waitrose logo

    Waitrose is one of tesco’s biggest competitors and another British grocery supermarket chain. The company was founded in 1908 and has its headquarters based in London, England. Like Tesco, Waitrose has a foothold in industries like logistics, wholesalers and retail distribution space. Waitrose operates in over 336 locations most of which are supermarkets. Some supermarket stores include restaurants that serve hot foods, while other locations specialize in general merchandise in addition to food.

    Conclusion

    Tesco is one of the biggest supermarket chains in the whole world because of its innovative business strategies. Tesco is a brand in itself as it has its own factories and its online shopping comes with benefits. Tesco has its own brand of mobile phones and telecommunications, besides that, it also has its petrol stations which add to the fact that tesco has been succefull in not just the grocery sector but other industries too. And these factors are what makes tesco different from competitors.


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    Frequently Asked Questions

    What is Tesco?

    Tesco is one of the biggest multinational conglomerate companies in the world, that mainly focuses on grocery and general merchandise retailing.

    What is Tesco’s business strategy?

    Tesco’s main business strategy is aggressive expansion into overseas grocery markets.

    What makes Tesco a successful business?

    From the analysis of the 4Cs ( which are Customer Benefit, Customer Cost, Customer Communication and Convenience) marketing strategy used by Tesco.

    Who are Tesco’s main competitors?

    Tesco main competitors are Sainsbury’s, ASDA, Waitrose and Morrison’s, which are often called the Big Four in the United Kingdom.

    Is Tesco multinational?

    Yes, Tesco is a multinational conglomerate as it is into different industries like banking, telecommunication, insurance, etc.

    Who are the Tesco competitors in India?

    The Tesco competitors in India are Big Bazaar, Dmart, Reliance Fresh, Spencers Retail, Hypercity, Star Bazaar, etc. as they provide groceries at cheaper prices.

  • Business Model Of Bajaj Group: How Does Bajaj Group Make Money?

    In this world of clashing industries, we must come across the name of the Bajaj group. Proudly calling itself an indigenous company, Bajaj Group is a multi-industry (also known as a conglomerate). This industry is one of the most well-known in our country. It is also one of the oldest of its kind. Here we will talk about its business model and its secret to strive and perform well.

    About Bajaj Group
    Business Model Of Bajaj Group
    What is unique in the Business Model of Bajaj Group?
    How does Bajaj Group Make money?
    Conclusion
    FAQs

    About Bajaj group

    About Bajaj Group

    Bajaj Group of companies, being India’s one of proudly indigenous companies, was founded in 1926. Its founder was Mr Jamnalal Bajaj. It set up its first headquarters in Mumbai. It boasts of being one of the oldest multi-business companies in our country. It serves worldwide, so it’s also multinational. Having achieved the ‘ First in the industry’ status with all plants certified and several other international awards with its excellent automobile production, Bajaj stands high in business standards.

    Areas of operation

    The Bajaj groups started operating first in India and, with the flow of time, placed themselves in the list of oldest conglomerates of India. With about 40 companies and nine subsidiaries of the Bajaj Group, the company exports mainly to Sri Lanka, Colombia, Indonesia, Netherlands, and Bangladesh. And its soon wanting to expand its exports to Russia. Not just this, the business of Bajaj Group is expanding worldwide nearly to every corner of the world.

    Key products and services

    Being a multi-business company, Bajaj deals in automobiles, insurance, financial services, electrical devices, consumer care, alloy and steel, and finally in sports. A single company provides all these services. Here is a quick list of services offered by the Bajaj Group:

    1. Automobile: Being one of the largest producers and exporters of automobiles in India, the Bajaj group exports up to 50-52℅ of its automobile production. Bajaj auto holdings limited as an investment company, Bajaj Auto international holdings BV, Maharashtra scooters Limited, PT Bajaj Auto Indonesia are all under Bajaj Group.

    2. Insurance:  Bajaj groups is also known widely for its insurance providing services. Bajaj Allianz General Insurance Company Limited, Bajaj Allianz Life Insurance is essential to assistance provided by the company.

    3. Finance services: In the field of finance, we have Bajaj finance Limited and Bajaj Finserv Limited, and these deal with financial assistance and distribution of products along with hiring and leasing.

    4. Consumer care: Mostly, cosmetics and hair care products form a part of this. Various oils, face wash, soaps, scrubs, face masks, facial creams are products it deals with.

    5. Electrical Device: Various electrical devices, primarily fans, air conditioners, poles, lattice closed towers, and high masts, form a part of the electrical devices Bajaj Groups deal with.

    6. Alloy and steel: Mukand International Limited is the part which deals with the trading of metals, alloys, and steel along with alloys of iron. Hospet Steel Limited Plant is the iron-making division, and also in steelmaking and rolling mill.
    7. Electrical components: Electrical devices such as GLS lamps, fluorescent lamps, electrically operated fans, lights, and various miniature lamps are part of Bajaj Group’s productions.

    8. Sports: Various sporting equipment and gym equipment are products of Bajaj. Equipment relating to various sports and also cycles are a part of it.

    Target audience

    Bajaj provides many different services in many other fields. It caters to the needs of everyone. Without any distinction in gender, age, or irrespective of the sex of a person, Bajaj groups provide their services. Being a multi-business company, it is a conglomerate in its truest sense. Its services attract an array of audiences, from a retired individual to a homemaker to a sportsperson.

    Business Model Of Bajaj Group

    Bajaj Group
    Bajaj Group

    Bajaj Group showcases an extraordinary business model for others to follow irrespective of what industry they are dealing with. A multi-business company isn’t set on its own; it requires strategy and all pooled into its business model. It has a diversified business structure and mainly focuses on three things – acquiring many customers irrespective of their age and sex. The second is providing a great variety of services that can cater to the needs of all its consumers. The third one is the expansion of its exports and services into different other countries.

    Its business model helps it to get a maximum amount of profit. Its revenue means include exports, shares, selling within the country, sponsoring, and manufacturing much-needed materials.


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    What is unique in the Business Model of Bajaj Group?

    As already discussed, Bajaj groups believe in catering to the needs of their large and diversified customers. It’s not easy to adopt these well-crafted strategies, but they made Bajaj Group’s business model inspiring every industry. These include:

    1. High exports: Exports form an essential part of the business model of Bajaj groups. It mainly exports its two-wheelers to several countries. Also, the team which handles it is very experienced.

    2. Meeting the needs of customers: The prices are reasonable for an Indian household. Also, online marketing and easy EMI options are available to those who want to buy the products

    3. A complex and unique distribution network: A highly managed and efficient distribution web that eases the setting up of business both in and outside our country. It has many warehouses and storerooms with its products—a group of trustworthy dealers.

    Providing several services and proudly being the most prominent bikes and scooters in our country, nearly 50-52 percent of its sales are exported. Some of its essential strategies in the business model also include promoting its new launch, giveaway and lucky draws, Internet marketing, easy EMI options on various goods. Other methods include different social media accounts which post about the product, providing a great versatility of products, and letting customers decide and review their products.


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    How does Bajaj Group Make money?

    The wisely crafted business model helps Bajaj groups to extract profit efficiently. First, the services provided by it caters to a large and diverse audience who use its services frequently. The company gains profit from as many national and international consumers as possible. Almost 50 percent of its automobiles are exported. Also, there are numerous ways to make money in its own country.

    Bajaj Group makes its money by exports. Bajaj Auto, which is a part of the bajaj Group, manufactures a large number of two and three-wheeled vehicles. These are in great demand in foreign countries. Over more than seventy countries have gotten these vehicles imported from India. It helps in adding to the revenue of bajaj groups. Selling and buying of shares also add to its revenue.

    Bajaj is a well-known brand of electronics in India; people buy electronics from this brand in many ways. Indians trust this brand, and because of its excellent performance, its demand is very high in the country. It helps the company to get more money. By using the method of recycling, the company makes its iron and steel. These, when sold this generates a large amount of profit. As steel and iron are used in every place, its sales help the company a lot.

    Bajaj has sponsored many events and even supported the Indian teams in some international events, these sponsorship helps get income. Because of the increase in the number of factories at various places, more production is the result. More production means more sales. Also, the taste of people is being taken into consideration to increase the amount of profit.

    Conclusion

    Bajaj groups which started as small businesses soon grew into a vast business empire. The founder, along with his family, all worked together in making Bajaj one of India’s most profitable brands. Not only does it provides us with a variety of products, but it also engages itself in several welfare activities. This company has won the hearts of both Indians and the people of another country. It is due to its efficiency and diversity of products.

    FAQs

    What is the revenue of Bajaj group?

    Bajaj group has a revenue of more than 50,000 crores in Indian currency.

    Who is the MD of Bajaj group?

    Rahul Bajaj is the MD of Bajaj groups.

    Who are the CEO of Bajaj Group?

    Rajiv Bajaj, Sanjiv Bajaj, and Lalit Jalan are the CEO of Bajaj Group.

    How many companies are there in Bajaj Group?

    There are 34 companies under Bajaj Group of companies.

    What are the companies under Bajaj Group?

    Some of the companies under Bajaj Group are:

    • Bajaj Allianz General Insurance Company Ltd.
    • Bajaj Allianz Life Insurance Company Ltd.
    • Bajaj Auto Finance Ltd.
    • Bajaj Auto Ltd.
    • Bajaj Electricals Ltd.
    • Bajaj Finserv Ltd.
    • Bajaj Holdings & Investment Ltd.
    • Bajaj International Pvt. Ltd.
    • Bajaj Sevashram Pvt. Ltd.
    • Bajaj Ventures Ltd.
    • Hercules Hoists Ltd.
    • Jamnalal Sons Pvt. Ltd.