Major Private Companies of India

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With an Annual GDP growth rate of 7-8 percent India is the one of the fastest growing economies in the world. This stable annual GDP growth rate that India is witnessing is mostly due to the rise of the major private sector companies in the country.

Private sector companies play a very important role in the Indian economy. Over the last 15 years or so the major Private companies in India have contributed more than significantly to the growth of the Indian economy. After the liberalization policies in the 1990's India started receiving huge amounts of foreign direct investment (FDI) which was one of the most important reasons behind the success of the private companies in the country. Prior to this the Indian economy was ruled mostly by the public sector enterprises which were known for their strict rules and regulations and bureaucratization.

The liberalization policies proved to be a boon for the Indian economy. The economy witnessed huge amounts of foreign funds and along with it came in cutting edge technology and new ideas which started changing the functioning of India business. Slowly and steadily more and more private sector companies started coming up and establishing themselves in this part of the globe.

Since the 1990's most of the Foreign Direct Investment that India received was in favor of the private sector. The total amount of investment increased from 56 percent in the first five years of the decade to almost 71 percent in the other five years of 1990. This became the investment trend and is continuing till today. Investments in private sector generally cover sectors like transport, manufacturing, infrastructure, financial services, social services, agriculture, telecommunication and Information technology. However the present investment trends show that sectors like pharmaceutical, contract research semiconductor, biotechnology and product research and development are also gaining immense importance.

The Major Private companies of India prioritized customer's need and speedy service, which further fueled competition amongst same industry players. This healthy competition has benefited the end consumers, since the cost of service or products has come down substantially. B grade companies are also offering lucrative and competitively priced products or service, whose quality is at par with 'A' grade companies.

Over the last few years the country has witnessed a sea change in its economy and this is mostly due to some of the finest private sector BPOs, software companies, private banks and financial companies. India's manufacturing sector is also flooded with a number of private List of Companies in India that dominate the Indian industry and have also made a mark in the global forefront. The manufacturing companies in the country encompass sectors such as chemicals, textiles, petrochemical products, automobile, agri-foods, telecommunication equipment, and computer hardware.

List of Major Private Companies of India

Below is a list of some of the top Private Companies of India:
  • Reliance Industries Limited
  • Tata Consultancy Services (TCS)
  • Infosys Technologies Ltd
  • Wipro Limited
  • Bharti Tele-Ventures Limited
  • ITC Limited
  • Hindustan Lever Limited
  • ICICI Bank Limited
  • Housing Development Finance Corp. Ltd.
  • TATA Steel Limited
  • Ranbaxy Laboratories Limited
  • HDFC Bank Ltd
  • Tata Motors Limited
  • Larsen & Toubro Limited (L&T)
  • Satyam Computer Services Ltd.
  • Maruti Udyog Limited
  • Bajaj Auto Ltd.
  • HCL Technologies Ltd.
  • Hero Honda Motors Limited
  • Hindalco Industries Ltd

Last Updated on January 17th, 2019

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