Despite internal strife among the organisation’s divisions, Venu Srinivasan was overwhelmingly reappointed as a trustee for life by Tata Trusts, the philanthropic arm of the Tata Group, according to a report by news agency PTI on October 21, 2025. At a time when Tata Trusts’ workforce is vertically divided, Venu Srinivasan’s reappointment occurs just before his term ends on October 23, 2025.
Two factions support Mehli Mistry, who has connections to the Shapoorji Pallonji family, and Noel Tata, who assumed leadership upon Ratan Tata’s death. The agency was informed by those with knowledge of the development that there was unanimous support for Srinivasan’s reappointment. Tata Trust, however, declined to answer the news agency’s questions.
Reappointment of Mehli Mistry Might be on the Cards
Now that Venu Srinivasan has been reappointed, attention is turning to Mehli Mistry, whose tenure as a trustee ends on October 28, 2025, being reappointed. The report states that the unanimous consent of the trustees for the lifetime tenure appointment will be necessary for Mistry to be reappointed and continue serving as a trustee.
According to a news agency report, in accordance with previous practice, a unanimous vote is needed for both renewal and a new appointment. Unanimous consent is needed for renewal, after which it will be permanent. Additionally, they stated that all trustees are automatically reappointed.
Operations of Tata Trust
The Sir Dorabji Tata Trust and the Sir Ratan Tata Trust are two of the charitable trusts that are under the management of Tata Trusts. Additionally, the organisation owns a 66% share in Tata Sons, the primary holding company that owns stock in every Tata Group company.
The report states that the original meeting, which took place on October 17, 2024, decided that a trustee’s term should be extended by the trust in question, with no time limit on this appointment.
A trustee would violate the commitment and be unfit to serve at “Tata Trusts by such conduct,” according to the report, if they decide to vote against this resolution. Over 18% of Tata Sons, the holding company for all Tata Group firms, is owned by the Shapoorji Pallonji family.
Quick Shots
•Venu
Srinivasan reappointed as lifetime trustee of Tata Trusts on October 21,
2025.
•The
decision comes amid internal divisions within the organisation.
•Two
factions reportedly exist — one aligned with Mehli Mistry (linked to
Shapoorji Pallonji family) and the other with Noel Tata.
•Srinivasan’s
term was set to end on October 23, 2025, but trustees gave unanimous support
for lifetime reappointment.
•Tata Trusts declined to comment on
the internal developments.
As the 157-year-old Tata organisation, the biggest corporate conglomerate in the nation, negotiates intricate shareholder disputes and strategic choices, a number of changes within the organisation are garnering fresh attention. The firm has been embroiled in fresh scandals since the death of seasoned businessman Ratan Tata last year, involving everything from domestic family conflicts to government interference.
The main cause of the current commotion is the possible departure of Tata’s biggest and oldest shareholder, the Shapoorji Pallonji (SP) Group. As of 1936, the SP Group had an 18.37% ownership holding in Tata Sons. Tensions erupted in 2016 during the well-known Cyrus Mistry-Ratan Tata case, which went to the Companies Tribunal and then the Supreme Court, where Tata Sons prevailed. The relationship had been characterised by friendly relations for decades.
SP Group Navigating Through Financial Crunch
Ten years later, tensions between the two families have returned, this time in relation to Mehli Mistry and Noel Tata. According to reports, Tata Sons has started looking into ways to permanently address these problems, such as maybe purchasing the SP Group’s holding.
In order to reduce its financial risk, the SP Group, which has substantial debt commitments, has indicated a desire to sell its shares in Tata Sons. However, corporate governance regulations impede any escape. Since the SP Group is a promoter with a holding greater than 10%, any acquisition or disposal must go by the rules of the Reserve Bank of India, Tata Sons’ articles of association, and general business standards.
Options Available for SP Group to Strike the Deal
The first option is for Tata Sons to buy all of the SP Group’s shares directly. The 36% capital gains tax that the SP Group will pay on the acquisition, which might total thousands of crores, is the reason for the opposition to the agreement, which is anticipated to cost about INR 3 lakh crore. Converting the SP Group’s investment into stock in Tata companies like Tata Steel or TCS is the second option. This would enable the SP Group to pay off its $1 billion debt that is due in 2026 by progressively realising funds.
However, such an exchange is now prohibited by Tata Sons’ current Articles of Association; thus, rule revisions are required. Thirdly, the SP Group could divest to a private equity fund or another external investor. This strategy saves Tata Sons money but also necessitates the conglomerate’s public listing—a step that has long been opposed in order to preserve the group’s private status.
Fourth, the SP Group would have a formal way out if Tata Sons were listed. However, the Tata Trusts, which own the group and have been adamant about maintaining its private ownership, have prevented this possibility from happening. Experts predict that any resolution will be drawn out and dependent on regulatory clearances, particularly those from the Reserve Bank of India and possibly the Supreme Court, given these limitations.
Quick Shots
•P Group has held an
18.37% stake in Tata Sons since 1936, marking nearly a century of
partnership.
•Relationship soured
after the Cyrus Mistry–Ratan Tata dispute (2016), which reached the Supreme
Court, ruling in Tata Sons’ favour.
•Current friction
reportedly involves Noel Tata and Mehli Mistry, reigniting differences
between the two families.
•Facing
heavy debt obligations, SP Group is looking to offload its Tata Sons stake to
reduce financial strain.
According to reports, internal conflicts within Tata Trusts, the largest stakeholder in Tata Sons, have gotten so bad that the government is stepping in to help the Tata Group, one of India’s largest conglomerates, deal with a governance crisis.
According to sources close to the Tata Group, who have been cited in numerous media publications, the government is keeping an eye on events out of concern that the dispute may affect how Tata Sons and the larger conglomerate operate.
With a nearly 66% controlling position in Tata Sons, the Tata Group’s parent company, Tata Trusts has long served as a compass, ensuring the organisation stays true to its long-term strategic and charitable values.
Why Tata Group has Turn into a Battlefield?
The group’s hundreds of businesses, which include those in consumer products, steel, autos, IT services, and other industries, are managed by Tata Sons. This division of responsibilities is essential; Tata Sons oversees operational execution, while the Trusts provide ownership control. However, media reports have cited sources that indicate this equilibrium has been strained. A power struggle within Tata Trusts, the charitable arm that owns a majority share in Tata Sons, the holding company that manages the Tata Group’s activities, is the root cause of the current crisis.
Allegedly, four trustees—Darius Khambata, Jehangir HC Jehangir, Pramit Jhaveri, and Mehli Mistry—went above their customary supervision responsibilities, thus establishing themselves as a “super board” that attempts to sway important Tata Sons decisions. According to reports, these trustees attempted to review the minutes of Tata Sons’ board meetings and approve independent directors who were selected by the Nomination and Remuneration Committee of the company—tasks that are typically performed by Tata Sons’ management.
According to sources, such actions would directly question Noel Tata’s power as chairman of Tata Trusts, posing “serious corporate governance concerns”. The possibility of operational friction at the top is evident, but it’s unclear if these measures have really hindered or obstructed important decisions. Since the death of former Tata Sons Chairman Ratan Tata in October 2024, tensions within Tata Trusts have been simmering, but in recent months they have grown increasingly noticeable. There is now a governance vacuum at the top as a result of this impasse, raising worries that if the divide persists, strategic choices and daily operations across the hundreds of firms in the Tata Group—from Tata Steel and Tata Motors to TCS and Titan—may be delayed or complicated.
Government Stepping in to Ease the Situation at the Tata Group
According to reports, the government has chosen a tough stance on the issue. Finance Minister Nirmala Sitharaman told Tata Trusts Chairman Noel Tata, Vice-Chairman Venu Srinivasan, Tata Sons Chairman N Chandrasekaran, and trustee Darius Khambata that internal conflicts must not cause Tata Sons to become unstable during a nearly hour-long meeting at Home Minister Amit Shah’s house.
The ministers urged the leadership to restore stability “by whatever means necessary”, even hinting that it could be necessary to take drastic measures like firing destabilising trustees. According to reports, officials reminded the Tata leadership that, considering the Trusts’ impact on the Indian economy and corporate governance norms, their majority stake bears a “public responsibility”.
It should be mentioned that the government, investors, and the Tata Trusts itself would all be keenly monitoring the company’s October 10 board meeting.
Quick Shots
•Internal conflicts within Tata Trusts, the majority
stakeholder in Tata Sons, trigger leadership tensions.
•Finance Minister Nirmala Sitharaman and Home
Minister Amit Shah meet Tata leadership to restore stability.
•Four trustees allegedly overstepped duties, forming
a “super board” to influence Tata Sons’ decisions.
•Hundreds of Tata Group firms—including Tata Steel,
Tata Motors, TCS, and Titan—could face delays or operational friction.
The UK government will support Jaguar Land Rover with a £1.5 billion ($2 billion) loan to alleviate the burden on suppliers caused by the automaker’s production stop, which was brought on by a cyberattack.
The government announced on 27 September that the loan, which will be given by a commercial bank and insured by UK Export Finance, will be paid back over a period of five years. It comes after the attack earlier this month caused the Range Rover manufacturer to shut down operations in Slovakia, Brazil, India, and the UK, disrupting the larger supply chain.
The Labour government was in negotiations to provide assistance to vendors affected by the hack, which compelled some to send employees home while others awaited JLR’s payments. The biggest automaker in the UK has 34,000 employees, and its supply chain supports an additional 120,000 jobs in the nation.
Providing a Side of Relief to Prime Minister Keir Starmer’s Government
In addition to helping the car industry, this move will also assist in relieving some of the strain on Prime Minister Keir Starmer’s administration before his ruling Labour Party begins its annual conference in Liverpool on September 28.
This loan guarantee would assist in strengthening the supply chain and protecting skilled jobs in the West Midlands, Merseyside, and throughout the United Kingdom, according to Business Secretary Peter Kyle, who visited the automaker’s headquarters and supplier Webasto this week.
In order to clear a backlog of supplier invoices, expedite the delivery of parts to dealers, and expedite vehicle sales and registrations, JLR announced on 25 September that some of its systems were back online. Although it has warned that it may take some time to get back to full speed, the company plans to resume certain manufacturing operations on October 1.
JLR Already Started the Recovery System
Restarting a small number of its computer systems is the first step in Jaguar Land Rover’s recovery process following a hack. A gradual recovery procedure is also in progress, according to the manufacturer, weeks after the cyberattack compelled the automaker to halt production at all of its UK operations.
After media reports indicated that JLR would have to pay up to 2 billion pounds since it was not insured against the catastrophe, which has already caused significant financial losses and delayed operations, the company released a statement in response to a request for clarification from BSE.
According to the announcement, JLR has notified its suppliers, retail partners, and coworkers that certain areas of its digital estate are now operational as part of the controlled, phased relaunch of its business. Its recovery programme’s foundational work is already under way.
Quick
Shots
•Jaguar Land Rover (JLR) secures a
£1.5 billion ($2 billion) government-backed loan to stabilise operations
after a major cyberattack.
•The loan, provided by a commercial
bank and insured by UK Export Finance, will be repaid over five years.
•Cyberattack incident forced
production shutdowns in the UK, Slovakia, Brazil, and India, severely
disrupting the supply chain.
•Funding aims to clear invoice
backlogs, support vendors, and accelerate parts deliveries to dealerships.
The new youth-focused fashion brand “Burnt Toast” has been introduced by Trent Limited, the retail juggernaut of the Tata Group that owns Westside, Zudio, and Star. The first store, a 2,500-square-foot establishment intended to serve as a cultural centre for Gen Z and young millennials, opened its doors in Bengaluru earlier this month.
Exploring Gujarat’s Market
Trent’s latest fashion retail venture was a logical starting point because of the city’s reputation as a trend-forward, youth-driven market. Trent has now expanded Burnt Toast to Surat, setting up shop in Unity Corner, City Light, Gujarat, its first location in the state. As a hub for textiles and fashion, Surat expands the brand’s geographic reach beyond major cities and provides access to a youthful, fashion-forward customer base.
Financial Dynamics of Trent
Trent’s expansion is financially sound; its consolidated revenue for the first quarter of FY26 was INR 4,883 crore, with a profit before tax of INR 565 crore and an 11% EBIT margin. Without going overboard, this powerful performance offers the firepower to support novel ideas like Burnt Toast.
Given that Zudio’s explosive development has already redefined inexpensive fashion, Burnt Toast is Trent’s attempt to enter a niche, youth-focused market. The company’s early boutiques in Bengaluru and Surat indicate that it is experimenting with a variety of areas, including tier-II fashion hubs and urban metro cultures.
Quick Shots
•First store (2,500 sq. ft) opened in Bengaluru,
designed as a cultural hub for Gen Z & young millennials.
•Trent expanded to Surat, Gujarat at Unity Corner,
City Light — brand’s first store in the state.
•Surat chosen for its strong textile & fashion
ecosystem and young customer base.
•Financials Q1 FY26: Revenue at INR 4,883 crore,
Profit Before Tax INR 565 crore, EBIT margin 11%.
•Strong financial performance gives firepower for
new ventures like Burnt Toast.
•Zudio’s success in affordable fashion shows Trent’s
capability to scale new concepts.
The signing of four Production Transfer Agreements by Dassault Aviation and Tata Advanced Systems Limited to manufacture the fuselage of the Rafale fighter aircraft in India represents a major advancement in the nation’s aerospace manufacturing capacity and support for international supply chains.
This facility will be a vital hub for high-precision production and marks a substantial investment in India’s aerospace infrastructure.
As part of the collaboration, Tata Advanced Systems will establish a state-of-the-art production plant in Hyderabad to produce the Rafale’s main structural components, such as the front section, the central fuselage, the entire rear section, and the lateral shells of the rear fuselage.
The First Fuselage to be Rolled Out by 2028
Up to two complete fuselages per month are anticipated to be delivered by the factory, with the first fuselage pieces anticipated to come off the assembly line in FY2028.
Rafale fuselages will be manufactured outside of France for the first time, according to Eric Trappier, chairman and CEO of Dassault Aviation.
“This is a significant step towards fortifying our Indian supply chain. This supply chain will let the Rafale ramp up successfully and, with our help, will satisfy Dassault’s quality and competitiveness standards because of the growth of Dassault’s local partners, including TASL, one of the leading companies in the Indian aerospace sector,” Trappier added further.
This collaboration represents a major milestone in India’s aerospace development, according to Sukaran Singh, CEO and Managing Director of Tata Advanced Systems Limited.
The fact that the entire Rafale fuselage is being produced in India demonstrates the strength of our partnership with Dassault Aviation and the growing confidence in Tata Advanced Systems’ abilities.
It also shows how far India has come in building a strong, contemporary aerospace manufacturing sector that can support international platforms.
In 2028, the first fuselage segments will leave the Hyderabad production line. Monthly delivery of two complete fuselages is the aim.
The Rafale’s last assembly is carried out at Dassault’s manufacturing plant in Merignac, close to Bordeaux, France.
In 2018, the Indian Air Force issued a Request for Information (RFP) to foreign manufacturers to start the process of acquiring 114 modern fighter jets to replenish its dwindling squadron strength.
Further Strengthening Make in India Initiative
Dassault Aviation’s steadfast dedication to India’s “Make in India” and AtmaNirbhar programmes is demonstrated by the signing of these contracts.
This collaboration supports India’s objective of increased economic independence while solidifying its place as a major participant in the global aerospace supply chain.
India cancelled its 2007 Medium Multi-Role Combat Aircraft (MMRCA) contract for 126 aircraft in 2015 and instead purchased 36 Rafales from France in a government-to-government agreement worth $7.8 billion in 2016.
The IAF now only has roughly 31 squadrons, which is insufficient to meet its operational needs to protect airspace near the Chinese and Pakistani borders, although it has the authority to deploy 42 squadrons (18 aircraft each).
Global semiconductor companies X-Fab, DNeX, and Globetronics are reportedly in negotiations with Tata Electronics to purchase a fabrication or outsourced semiconductor assembly and test (OSAT) facility in Malaysia.
According to a media report, the deal will be spearheaded by KC Ang, the recently appointed president and head of Tata Semiconductor Manufacturing. For those who do not know, Tata Electronics’ semiconductor foundry is called Tata Semiconductor Manufacturing.
According to the report, DNeX’s SilTerra facility and Globetronics are two of the top candidates to be purchased by Tata Electronics.
Acquisition Aims to Further Strengthen Tata Group
According to the article, the acquisition is intended to increase the Tata Group’s expertise and talent pool before it enters the Indian semiconductor assembly and packaging market. The Indian semiconductor industry is seeing significant investments from the Tata Group.
With an investment of $11 billion, it is constructing India’s first semiconductor factory in Dholera, Gujarat. It is also spending $3 billion on a plant in Assam that will be used for semiconductor chip production and testing. OSAT activities will be the main emphasis of this initiative in Assam.
Malaysia is emerging as a key site to become one of the world’s robust pillars in the global semiconductor chip supply chain in recent years. According to reports, 13% of the testing and packaging sector worldwide is based in the nation.
Global chip manufacturer Intel has committed to investing $7 billion for its new plant in Penang, Malaysia, and the nation received an astounding $12.8 billion in foreign direct investments (FDI) in 2023.
The Malaysian government last year announced the National Semiconductor Strategy, which will help the industry grow by enhancing the current infrastructure of OSAT facilities, luring more foreign direct investment, and opening doors for chip buyers like Apple and Lenovo to establish manufacturing facilities in the nation.
Tata Electronics will be able to further acquire manufacturing-grade technology (MSGT) through the present acquisition, which is only available through well-established semiconductor companies.
Tata Group Fostering Alliances in Semiconductor Space
Tata Electronics has been forming partnerships with important semiconductor companies. To begin operations in Gujarat, the company inked a memorandum of understanding earlier this year with Powerchip Semiconductor Manufacturing Corporation (PSMC) and Himax Technologies, two Taiwanese semiconductor manufacturers, to produce display semiconductors.
The collaboration intends to enhance its chip design and serve both parties’ clientele. In addition, the semiconductor behemoth collaborated with Tokyo Electron Limited (TEL) in 2024 to construct infrastructure for semiconductor equipment.
However, the Indian government is also making investments to support the nation’s semiconductor sector. S. Krishnan, the secretary of the government of Electronics and IT (MeitY), stated in March that the government intends to launch the second India Semiconductor Mission (ISM) to assist the nation’s chip design infrastructure.
According to a media report, Mohini Mohan Dutta, a former director of the Taj chain of hotels and a close friend of Ratan Tata, has accepted the conditions of the late businessman’s will. A third of Tata’s remaining estate, valued at approximately INR 588 crore, was left to Dutta.
The executors of Tata’s will can proceed with obtaining probate from the Bombay High Court now that Mohini Dutta’s approval is on file. Out of over two dozen recipients, Dutta, 77, was the only one to voice concerns about the value of his share.
Ratan Tata’s half-sisters, Deanna Jejeebhoy, 70, and Shireen Jejeebhoy, 72, have been awarded the remaining two-thirds of his residual assets, excluding real estate and stock interests. Additionally, both women are acting as the will’s executors.
Reason Behind Dutta’s Acceptance
Dutta could not legally contest the will, even though he had argued with the executors over the amount of his inheritance. According to the report, a no-contest clause prevented any recipient from contesting its terms for fear of losing their claim.
On March 27, the executors submitted a petition to probate the will. Later, the Bombay High Court ordered them to release a public notice asking any non-consenting legal heirs to object. They also filed an originating summons on April 9, which is a legal procedure used to handle issues pertaining to the will and its beneficiaries.
The only recipient outside the Tata family to receive such a substantial portion is Dutta. He was refused entry to Tata’s Halekai home in Colaba, where he had attempted to examine a number of priceless things that had been given to him, including a Ganesh idol.
According to the article, all of Tata’s personal belongings are currently in the hands of the executors. Since inheritances are not taxable in India, Dutta won’t be subject to estate tax after the court granted probate.
Dutta Shares a Firm Personal and Professional Bond with Ratan Tata
For more than 60 years, Dutta and Ratan Tata had a close personal and business relationship. He remembered meeting Tata when he was 13 and Tata was 25 at the Dealers Hostel in Jamshedpur.
Afterwards, Dutta relocated to Mumbai and took up residence in Tata’s Bakhtawar home in Colaba. Regarding Tata’s impact on his life, Dutta has stated, “He really built me up.” Before starting Stallion Travel Services in 1986 with assistance from Tata Industries, Dutta started his career at the Taj travel desk.
After Stallion and a Taj Hotels subsidiary combined in 2006, Dutta was named a director of the new company, Inditravel. He rose to become one of the Taj Group’s highest-paid CEOs.
The travel company was acquired by Tata Capital in 2015, and then in 2017 Thomas Cook India purchased it. Until the company was merged with Thomas Cook in 2019, Dutta remained on the board.
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.
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.
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.
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.
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.
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.
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 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.
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.
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.
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.
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.
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.
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.
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.
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 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 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
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 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, 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
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 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.
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.
The cash-rich Indian Premier League— as a product and brand— has emerged as one of the most profitable arms of cricket. Since its inception in 2008, the Board of Control for Cricket in India’s brainchild has risen by leaps and bounds to be adequately represented by the title sponsors bragging rights to cricket’s most profitable competition.
The title sponsor fees of IPL are strategically important to the BCCI and the companies wanting the gig. So far, three companies had the most extended contracts with BCCI’s cash-rich T20 league— Pepsi, Vivo, and Tata Group. However, the former two had to unexpectedly terminate their agreement due to spot-fixing allegations and border politics.
The large viewership of this lucrative sport has lured brands and MNCs to bid on the title sponsorship. The title sponsorship forms a crucial key to the IPL’s revenue-sharing agreement with the franchises— a fraction of the title sponsorship money goes to the ten franchises.
The 2025 Indian Premier League, also called IPL 18 or TATA IPL 2025, will be the 18th season of the IPL. The tournament will have ten teams playing 74 matches from March 22 to May 25, 2025.
IPL Title Sponsorship Over the Years
Here’s a timeline of IPL title sponsors price over the years 2008 to 2028:
Year
Sponsor
Fees
2008
DLF
INR 40 crores
2009
DLF
INR 40 crores
2010
DLF
INR 40 crores
2011
DLF
INR 40 crores
2012
DLF
INR 40 crores
2013
Pepsi
INR 79.4 crores
2014
Pepsi
INR 79.4 crores
2015
Pepsi
INR 79.4 crores
2016
Vivo
INR 100 crores
2017
Vivo
INR 100 crores
2018
Vivo
INR 439.8 crores
2019
Vivo
INR 439.8 crores
2020
Dream 11
INR 222 crores
2021
Vivo
INR 439.8 crores
2022
Tata
INR 335 crores
2023
Tata
INR 335 crores
2024
Tata
INR 500 crores
2025
Tata
INR 500 crores
2026
Tata
INR 500 crores
2027
Tata
INR 500 crores
2028
Tata
INR 500 crores
Here is a list of the IPL title sponsors over the years:
The Delhi-based then India’s largest real estate firm, DLF, was the sponsor of the first-ever edition of the Indian Premier League in 2008. Signing a four-year deal with BCCI, DLF bagged the bid by paying BCCI INR 40 crore per annum and became a household name. It was a clever move for the company as it instantly came into the limelight— mainly as the first brand to become the title sponsor of IPL. DLF remained the title sponsor till 2012, and as the deal ended in 2012, the company decided not to renew it. DLF was the first IPL sponsor.
After DLF’s contract with BCCI was terminated, the soft drink giant Pepsi took over from DLF and grabbed sponsorship rights at INR 396 Crore for five years. The second brand sponsor of IPL had the contract till 2017, but the FMCG giant had to step down in 2015 owing to the spot-fixing allegations swirling around. In 2015, an infamous match-fixing scandal in the IPL came, which led to the suspension of two eminent teams from the IPL— the Chennai Super Kings and the Rajasthan Royals were suspended for two years by the Lodha Committee. After this, Pepsi terminated the contract of 5 years in just three years only. This implies that the multinational beverage company just paid INR 238.2 crores to BCCI for the three years it served as the title sponsor of IPL in 2013, 2014, and 2015.
When Pepsi walked out of the contract two years before its termination, the BCCI was in a spot of bother to fill the void. However, that void was seen as a golden opportunity by the Chinese mobile company VIVO, which jumped in and grabbed the opportunity to sponsor IPL. Vivo bought rights for the remaining two years of the previous contract from Pepsi by paying INR 100 crores till 2017. The mobile company heavily benefitted from this deal as their sales skyrocketed in the Indian market.
Vivo: 2018-19
Sponsor
Vivo
Tenure
2018 to 2019
Fees
INR 439.8 Crores per annum
IPL Title Sponsors List – Vivo
Following the resounding success of their previous two-year deal, VIVO renewed and gained the title rights for five years. The Chinese mobile company upped the bar to seal the agreement by paying a whopping INR 2,199 crore and outbid their business rivals, Oppo. This meant the company paid a massive amount of INR 439.8 crores annually. However, Vivo could not complete its five-year contract with BCCI because of escalating Indo-China border tensions. In 2020, the Sino-Indian diplomatic relations got sour, and Vivo pulled out as an IPL sponsor before the Indo-China Galwan Valley face-off. The growing anti-Chinese sentiments forced Vivo to back off and call a premature end to the contract in 2020.
After Vivo prematurely sacked the agreement following a public backlash, the fantasy sports platform Dream11 in 2020 took its place. After the Chinese mobile manufacturing company, Vivo dropped the contract due to the Indo-China tension, Dream11 came on board and made a deal for INR 222 Crore. The fantasy sports platform had a face-off against one of India’s heavyweights— the Tata Group and Edtech startups such as Byju’s and Unacademy— and bagged the bid, causing BCCI to receive INR 217.80 crores less from the previous contract with Vivo. With a clever marketing strategy and catchy advertisements featuring renowned cricketers, the deal with BCCI accelerated the fantasy game platform Dream11, to become one of the world’s top fantasy platforms.
Dream11 IPL 2020: Ek Saath Waali Baat
Vivo: 2021
Sponsor
Vivo
Tenure
2021
Fees
INR 439.8 Crores per annum
With the hope of diluting Sino-Indian tension in the minds of Indians, the Chinese mobile company VIVO once again returned as the Title Sponsor for the 2021 IPL, paying the same amount as it paid before Dream 11. As this deal was signed, IPL sponsorship cost BCCI a whopping INR 439.8 crores for title sponsorship, but the Chinese manufacturing company again had to pull out after this year as the Indo-China border clash continued to haunt the company. With this, Vivo somehow served five years as the title sponsor of the Indian Premier League. That said, Vivo will also have to pay a 6 percent assignment fee for two years, which comes to INR 29 crore in 2022 and INR 31 crore in 2023, making Vivo pay INR 454 crore— a little over the annual sponsorship money initially committed by the company. The Chinese phone manufacturer wanted to commit to its agreement. Nonetheless, the military face-off between India and China in 2020 caused a large-scale ban on Chinese products in the South Asian peninsula and caused Vivo to step back.
One of India’s largest businesses and most reputed Industrial conglomerates, TATA Group, replaced VIVO for 2022 and 2023 as the IPL title sponsor by paying around INR 670 crore.
With an annual fee of INR 335 crores from TATA and INR 454 crores from Vivo, BCCI had a win-win situation as it is to earn a whopping INR 1124 crore for seasons 2022 and 2023. Of INR 335 crore per year, INR 301 crore is the Rights Fee, and an additional INR 34 crore is the cumulative fee (for an increase of 14 games). As one of the largest and most reliable industrial groups, TATA looks forward to promoting the sport across political borders.
Tata Group: 2024-28
Sponsor
Tata Group
Tenure
2023 to 2028
Fees
INR 500 crores per annum
The Tata Group has secured the title sponsorship rights for the Indian Premier League (IPL) from 2024 to 2028, with a record-breaking financial commitment of INR 2500 crore. This is the highest-ever sponsorship amount in the history of the league, which reflects the immense value and appeal that the IPL holds in the world of sports. The Tata Group is a symbol of excellence in India, with a diverse range of verticals, and has previously held the title sponsorship rights for the IPL in 2022 and 2023. Additionally, the group is also the title sponsor of the Women’s Premier League, the biggest women’s T20 league in the world.
The collaboration between the BCCI and the Tata Group embodies the spirit of growth, innovation, and mutual dedication to excellence. The unprecedented financial commitment by the Tata Group underscores the immense scale and global impact of the IPL on the international sports stage.
For the 2025 IPL season, besides the title sponsor, there are other key partners:
Associate Partners: My11Circle, Angel One, and RuPay
Who have the IPL title sponsors been over the years?
The IPL title sponsors over the years are DLF, Pepsi, Vivo, Dream 11, and Tata Group.
Why did Pepsi have to step down as the title sponsor of IPL in 2015?
In 2015, an infamous match-fixing scandal in the IPL came, which led to the suspension of two eminent teams from the IPL— the Chennai Super Kings and the Rajasthan Royals were suspended for two years. After this, Pepsi terminated the contract of 5 years in just three years only.
How much does it cost to sponsor an IPL team?
Sponsoring an IPL team can vary in cost. Tata Group secured the title sponsorship for IPL 2024-2028 for a record-breaking amount of INR 2500 crore. Team sponsorships are expected to increase by 10% in 2023, with each franchise earning between Rs 50-100 crore depending on the team.
Which was the first company to sponsor IPL?
DLF was the first company to be the title sponsor of IPL at INR 40 crores annually.
Which year was DLF title sponsor of IPL?
DLF was the title sponsor of IPL from 2008-2012.
Who was the IPL 2008 sponsor?
DLF was the IPL title 2008 sponsor.
What is the IPL title sponsors list from 2008 to 2023?
IPL title sponsors from 2008-2012 was DLF, Pepsi from 2013-2015, Vivo from 2016-2019, Dream 11 for 2020, Vivo again for 2021, and Tata from 2022 to 2028.
What is the Vivo IPL sponsorship amount?
Vivo was the title sponsor of IPL from 2016-2019 for INR 100 crore from 2016-2017, INR 440 crore from 2018-2019, and then INR 440 crore for 2021.
What is IPL sponsors 2025 price?
IPL title sponsor from 2024-2028 is Tata with INR 500 crore for every year.
