Industries in India

The number of Industries in India have increased manifold in the last few years. The numerous Indian Industries are growing in stature and gaining more importance as days pass by. Though the main occupation has been agriculture for the bulk of the Indian population, recently India is moving towards rapid industrialization with its different sectors like the Iron & Steel Industries in India,IT Industries in India, Food and Beverage Industries in India , Indian Travel & Tourism Industries, Business Process Outsourcing Industries in India coming into prominence.

A brief description of the top ten richest Industries in India :

  • Reliance Industries: The main business of Reliance is in the energy sector (oil and gas). However, it has also made its presence felt in the garments and telecommunication sectors. According to Forbes, annual sale of Reliance is $18.0 billion.

  • Oil and Natural Gas Corporation Limited (ONGC): It is one of leading oil and gas industry in Asia and one of most profit making corporations in India..

  • State Bank of India Group: It is the largest bank in India and one of the largest in the world. According to Forbes, it has $156.4 billion worth of assets.

  • Indian Oil: Among the largest oil Industries in India . According to Forbes, it's sales amount to $34.6 billion.

  • National Thermal Power: It is owned by the Indian government and it made $1.3 billion of profit against sales worth of $6.1 billion.

  • ICICI Bank: It is the largest bank in the private sector. It is also popular in the share market.

  • Steel Authority of India: It is one of the fastest growing companies in the public sector and it has several plants in India.. It's profit comprises of an impressive $1.6 billion.

  • Tata Steel: It is an industry with a great heritage. It was India's first and largest steel industry in the private sector.

  • Tata Consultancy Services (TCS ): TCS is the only IT industry making its mark among the top ten Industries in India. Its market value stands at $19.5 billion.

  • Tata Motors: Tata Motors hit the headlines for its efforts to build the World's cheapest car. Tata Motors is trying to expand its business both at home and abroad.