Table of ContentsTop Product Based Companies in India Hewlett-Packard Intel Adobe Flipkart Amazon Meta Microsoft Salesforce Zoho OLA Walmart Robert Bosch GmbH UnitedHealth Group IBM PepsiCo KPMG HCLTech Wipro Google Oracle Elgi Equipments Honeywell Cisco Baker Hughes Vmware ITC Amdocs Texas Instruments Uber Ingram Micro Xerox LinkedIn Intuit Electronic Arts CA Technologies Netapp BYJU’S Yahoo Fanuc Suguna Foods Titan Company McAfee Informatica Pricol Lakshmi Machine Works Paysafe Progress Software CommVault Payoda Skava Kovai.co
Table of Contents
Top Product Based Companies in India
Product-based companies are those that create their own products and sell the product through the marketplace. Product-based companies are driven by the goal to provide high-value items that will resonate to a diverse variety of customers.
And to identify them, we have created a list of top product-based companies in India. So scroll down and uncover the giants of the product-based companies now.
Top Product Based Companies in India
The following are the top product based companies in India:
The Hewlett-Packard Company, abbreviated HP, was an American multinational information technology enterprise. Bill Hewlett and David Packard launched the business in a one-car garage in Palo Alto, originally producing electronics testing and measuring instruments. However, it gradually expanded into a $32.39 billion corporation. HP is now one of the best product-based companies in India.
Intel Business, or simply Intel, is an American multinational corporation and technology enterprise. Although Intel developed the earliest commercial microprocessor chip in 1971, it was not until the development of the personal computer (PC) that it became a significant business.
Intel is one of the top product-based companies in India which hires close to 14,000 employees while clocking 6,305 crores USD revenue in 2022.
Adobe Inc., formerly known as Adobe Systems Incorporated, is a transnational computer software corporation based in the United States. Adobe provides services and solutions for digital media and digital marketing. Given the market, Adobe is among the top product based software companies in India.
Steve Jobs’ investment and advance in 1982 made Adobe the very first business in Silicon Valley history to become commercially viable in the first year alone.
Flipkart is an Indian e-commerce business registered as a private limited company in Singapore. The company started with online book sales before branching over into other market segments.
Flipkart was established by Sachin and Binny Bansal, both IIT Delhi graduates and former Amazon workers. Flipkart was established by Sachin and Binny Bansal, both IIT Delhi graduates, and former Amazon workers. Today, Flipkart is among the top product-based companies in India with its multiple brands securing a significant share of Indian markets.
Amazon.com, Inc. is a worldwide technology corporation based in the United States. Jeff Bezos launched Amazon in his garage in Bellevue, Washington. It began as an online bookstore and has now evolved into a wide range of product categories. It is one of the most profitable companies on the planet in terms of revenue, with a near monopoly in certain segments.
Amazon is counted among the top product based companies in India given that it is one of the most profitable companies on the planet in terms of revenue, with a near monopoly in certain segments
Meta Platforms, formerly known as Facebook, Inc., is a transnational technology giant headquartered in the United States. Meta is one of the most valued companies on the planet. It is regarded as one of the “Big Five” American established players and is headed by Mark Zuckerberg.
Predominantly a social media platform, it has rolled out various online brands and products that have made Facebook one of the best product based companies in India.
Microsoft Corporation, commonly denoted as Microsoft, is a major technology corporation. With MS-DOS in the mid-1980s, it dominated the personal computer operating system industry, succeeded by Windows. Microsoft was placed No. 21 in the 2020 Fortune 500 list of the biggest businesses in the United States.
Microsoft is one of the top product based software companies in India. It was placed No. 21 in the 2020 Fortune 500 list of the biggest businesses in the United States.
Salesforce, Inc. is a cloud-based technology company established in the United States. The business raised US$110 million in its IPO on the New York Stock Exchange in June 2004.
In only five years, the company’s yearly revenue topped $1 billion. It’s one of the largest companies offering its products in this market segment. All this contributes to Salesforce being among the top product based software companies in India.
Zoho is an IT and software company that specialises in web business solutions. They leverage these innovations to provide corporate, communication, and workplace solutions.
Zoho is one of the largest software development companies. Currently, different professionals from a variety of domains hailing from seven different nations work here. This makes Zoho one of the most sought-after software product companies in India.
Ola Cabs is a transnational Indian ride-hailing business. It also has a presence in other business sectors, such as financial services and cloud kitchens. Gradually, Ola has become one of the top product based companies in India. In the fiscal year 2020-21, Ola reported its first-ever operational profit of 90 crores.
Walmart Inc. is a global retail business based in the United States that manages a network of hypermarkets, discount department stores, and grocery shops. In India, the company is known as Flipkart Wholesale.
Based on the Fortune Global 500, Walmart is the world’s largest corporation by revenue, with around US$570 billion in yearly revenue. Walmart operates 10,585 shops and centers in 24 countries as of July 31, 2022.
12. Robert Bosch GmbH
Robert Bosch GmbH, or commonly Bosch, is a German multinational engineering and technology corporation. Robert Bosch established the business in Stuttgart in 1886.
The corporation works in over 60 countries throughout the world through a network consisting of over 440 subsidiaries and local units.
13. UnitedHealth Group
UnitedHealth Group Incorporated is a multinational healthcare and insurance corporation based in the United States. Charter Med Incorporated, a privately held company situated in Minnetonka, Minnesota, was founded by Richard Taylor Burke. The United HealthCare Corporation was formed in 1977 to restructure the business.
UnitedHealth Group is the world’s seventh biggest corporation in terms of revenue, as well as the largest healthcare business in terms of revenue. The business is placed 11th on the Fortune Global 500 for 2022.
The International Business Machines Corporation (IBM) is a multinational technology corporation based in the United States. The Computing-Tabulating-Recording Company (CTR) was established by trust businessman Charles Ranlett Flint and was rebranded “International Business Machines” in 1924.
IBM has a presence in over 170 nations. IBM is also a major research organisation, holding the record for the most annual US patents acquired by a company for 29 years in a row.
PepsiCo, Inc. is a multinational food, snack, and beverage company based in the United States. Caleb Bradham, a pharmacist and entrepreneur, invented the soft drink Pepsi in 1898. The Pepsi-Cola Company and Frito-Lay merged to establish PepsiCo in 1965.
PepsiCo’s operations span the entire food and beverage industry. It is in charge of product manufacture, distribution, and promotion.
PepsiCo is the world’s second-largest food and beverage company by gross earnings. PepsiCo is the largest food and beverage business in North America in terms of total sales.
KPMG International Limited (KPMG) is a transnational professional services organization and a member of the Big Four accountancy companies. Each country KPMG company is a separate legal entity that is a member of KPMG International Limited, a UK Limited Company based in London, England.
Foreign auditing companies are not permitted to operate in India under current legislation. As a result, KPMG conducts audits in India under the banner of BSR & Co, an auditing business that it acquired.
HCLTech (previously HCL Technologies) is a multinational Indian provider of information technology (IT) services and consultancy. It is a subsidiary of HCL Enterprise. Formerly a department of HCL’s research and development division, it became a separate company in 1991 when HCL decided to enter the software services industry.
HCLTech is a Forbes Global 2000 company. With a valuation of $50 billion, it is one of India’s top 20 largest publicly listed companies.
Wipro Limited (previously Western India Palm Refined Oils Limited) is a multinational business based in India. Mohamed Premji founded the business as Western India Vegetable Products Limited, afterwards abbreviated to Wipro.
During the 1970s and 1980s, the business focused on new possibilities in the IT and computer sector, which was still in its inception in the country at the time.
Google LLC is a transnational technology company based in the United States. Because of its market domination, it has been labelled the “most powerful company in the world” and is one of the world ‘s most valued companies.
Larry Page and Sergey Brin founded Google as a research project when both were PhD students.
Oracle Corporation is an international information technology corporation based in the United States. Oracle Corporation was formed in 1977 by Larry Ellison, Bob Miner, and Ed Oates under the title Software Development Laboratories (SDL).
Oracle was the world’s third-largest tech company by market capitalization and sales in 2020.
21. Elgi Equipments
Elgi Equipments Limited (EEL) manufactures, trades, and provides after-sales support for air compressors. Originally, the business produced garage equipment such as low-range reciprocating compressors, car-washing machines, and hydraulic lifts. Eventually, the business began manufacturing lubrication equipment in technological partnership with Landwehr Germany.
As part of its modernization initiatives, the organisation committed Rs 40 crores in upgrading and expanding its production facilities, particularly those for compressors in facilities all over India.
Honeywell International Inc. is a publicly listed multinational conglomerate based in the United States. The corporation’s present name, Honeywell International Inc., is the result of a 1999 merger of Honeywell Inc. and AlliedSignal.
Honeywell rejoined the Dow Jones Industrial Average index in 2020. Honeywell is a Fortune 100 business that was ranked 94th in 2021.
Cisco Systems, Inc., or simply Cisco, is a forefront of science and technology conglomerate headquartered in the United States. Leonard Bosack and Sandy Lerner, two Stanford University computer scientists, formed Cisco Systems in December 1984.
Cisco is one of the world’s top tech businesses, number 74 on the Fortune 100 and generating over $51 billion in revenue.
24. Baker Hughes
Baker Hughes Company is an American multinational industrial services company and one of the world’s major oil field services companies. Baker Hughes is the result of the merger of many businesses that created and deployed technologies to assist the petroleum service sector. Their collective history begins in the early 1900s.
The company offers goods and services to the oil and gas industries. Baker Hughes has a global presence in over 120 countries.
VMware, Inc. is a cloud computing and virtual machines enterprise based in the United States. VMware became the first commercially successful company to virtualize the x86 architecture.
Broadcom Inc. confirmed an agreement to purchase VMware in a cash-and-stock acquisition estimated at $61 billion in May 2022.
ITC Limited is a multinational conglomerate based in India. “ITC Limited” was initially known as “Imperial Tobacco Company of India Limited,” and succeeded W.D. & H.O. Wills as a British-owned company on August 24, 1910.
ITC is active in a wide range of industries, including FMCG, hospitality, technology, packaging, paperboards, paper products, and agro.
The company operates 13 operations in five segments. It sells its goods in 90 countries. Its products are sold in 6 million retail locations.
Amdocs is an Israeli-based multinational corporation. The company started as an extension of Golden Pages, an Israeli phone directory business controlled by the Aurec Group, which was managed by Morris Kahn.
Amdocs began its journey toward expansion, first towards landline telephony and later into cellular. Amdocs has expanded its service and product offerings throughout the decades.
28. Texas Instruments
Texas Instruments Incorporated (TI) is a tech business based in the United States. In 1954, TI developed and manufactured the world’s first commercial silicon transistor, as well as the first transistor radio.
It is one among the 10 leading semiconductor companies around the world in terms of total sales.
Uber Technologies, Inc. (Uber) is an American transport as a service provider that allows consumers to book a vehicle and drivers to drive them in a taxi-like fashion. Garrett Camp and Travis Kalanick launched Uber as Ubercab in 2009.
Its unique business strategy enables it to own no vehicles while earning a commission on each booking. In 2021, the business have operations in about 72 countries and 10,500 cities.
30. Ingram Micro
Ingram Micro is a distributor of information technology products and services based in the United States. The beginnings of Ingram Micro can be traced in the establishment of distributor Micro D, Inc. in July 1979. by husband and wife Geza Czige and Lorraine Mecca,
Ingram Micro confirmed in 2016 that it has consented to be purchased for $6 billion by the Chinese business Tianjin Tianhai Investment, a subsidiary of the mega-conglomerate HNA Group. Again in 2021, Platinum Equity acquired Ingram Micro from HNA Technology Co. for US$7.2 billion.
Xerox Holdings Corporation is a multinational company based in the United States that provides print and digital document services and products in over 160 countries. Xerox was established in 1906 as The Haloid Photographic Company in Rochester, New York. It produced photographic paper as well as photography equipment.
Joseph C. Wilson, dubbed the “creator of Xerox,” inherited control of Haloid from his father.
As a major established business, it is routinely ranked among the Fortune 500. Several significant features of personal computing were pioneered by researchers at Xerox, including the desktop metaphor GUI, the computer mouse, and desktop computer.
LinkedIn is a business and job-related web service based in the United States. The website is largely used for networking opportunities and career advancement, and it enables both job applicants and businesses to publish CVs and vacancies.
It has been a completely owned subsidiary of Microsoft since December 2016. LinkedIn has 830 million registered users from over 200 nations and territories as of February 2022.
Intuit Inc. is a financial software business headquartered in the United States. Scott Cook and Tom Proulx established the business in 1983.
Intuit has more than $5 billion in annual turnover and a market valuation of almost $50 billion as of May 2018. Intuit has aggressively lobbied against the IRS offering free pre-filled forms to taxpayers, as is the standard in advanced economies.
34. Electronic Arts
Electronic Arts Inc. (EA) is a video game corporation based in the United States. Trip Hawkins, an Apple employee, established the business, which was a forerunner in the initial home computer gaming business.
EA distributed a number of games and productivity applications for PCs, all of which were created by unaffiliated individuals or organisations before the business migrated to internal gaming studios.
35. CA Technologies
CA Technologies, originally known as CA, Inc. and Computer Associates International, Inc., is a multinational company based in the United States. Charles Wang and Russell Artzt launched the business.
CA Technologies has locations in over 40 countries and distributes approximately 200 software products. CA has over 1,500 patents globally and over 900 patent claims underway.
NetApp, Inc. is an American provider of hybrid cloud data services and data management. From 2012 until 2021, it was a Fortune 500 company.
NetApp flourished throughout the internet bubble period of the mid-1990s to 2001, growing to $1 billion in yearly revenue. NetApp’s revenues swiftly fell to $800 million in fiscal year 2002 when the market crashed. The company’s revenue has gradually increased to $5.74 billion in 2021.
Byju’s (abbreviated BYJU’S) is a multinational educational technology company based in India. Byju’s application was designed by Think and Learn Pvt. Ltd, a business founded in 2011 by Byju Raveendran, Divya Gokulnath, and a group of college students.
Byju’s is valued at approximately 22 billion as of March 2022, and the business is estimated to have around 115 million enrolled students.
Yahoo! is a web services company based in the United States. Yahoo was founded in January 1994 by Jerry Yang and David Filo and was a forerunner of the initial Internet age in the 1990s.
By 1998, Yahoo had become the most popular access point for online users, and the human-edited Yahoo Directory had become the most prominent search engine, with 95 million page views each day. However, traffic fell in the late 2000s due to the discontinuation of several services, and it lost market shares to Google.
FANUC is a Japanese corporation that manufactures and sells automation equipment and services such as robots and numerical control wireless systems. FANUC is an abbreviation for Fuji Automatic NUmerical Control. FANUC Corporation is the most prominent of these companies.
In 1955, Fujitsu Ltd. recruited Seiuemon Inaba to manage an organisation focused on numerical control. The Computing Control Division became independent in 1972, and FANUC Ltd. was established.
FANUC is the world’s largest manufacturer of industrial robots.
40. Suguna Foods
Suguna Foods Private Limited is a multibillion-dollar Indian food company. Suguna Foods was established by Mr. B. Soundararajan and Mr. G. B. Sundararajan. They actually started a simple chicken farm with a Rs 5000 capital.
Suguna, which has activities in 16 states throughout India, has grown to become India’s No. 1 broiler producer, with a market capitalization of Rs.10,500 crore. It is one of the top 10 poultry businesses in the world.
41. Titan Company
Titan Company Limited is an Indian company that mostly makes fashion accessories. Subsidiary of the Tata Group, it began as a joint venture with TIDCO.
The business is India’s largest manufacturer of trademarked jewellery. Titan dominates 6% of the Indian jewellery market. The company is also the world’s fifth-largest watch manufacturer as of 2019.
McAfee Corp. is a multinational computer security software company based in the United States. McAfee Associates, named after its founder John McAfee.
McAfee mainly creates digital-security software for desktop computers, servers, and, more lately, mobile platforms. In February 2011, Intel acquired the business, which became a part of the Intel Security division.
Informatica is a software development business based in the United States. Gaurav Dhillon and Diaz Nesamoney co-founded it. Its primary solutions are Enterprise Cloud Data Management and Data Integration.
Its stocks were listed on the NASDAQ stock exchange in 1999 as part of its first public offering. Informatica has expanded through a blend of domestic expansion and acquisitions.
Pricol Limited (formerly Premier Instruments and Controls Limited) is a maker of automotive parts and precision designed products. It was established by the late V.N. N.Damodaran and Ramachandran
The business went public on the Bombay stock exchange in 1993. In India, Pricol Limited has six manufacturing sites. The organisation also has facilities in Jakarta (Indonesia)
45. Lakshmi Machine Works
Lakshmi Machine Works Limited is India’s leading maker of textile machines and CNC machine tools. Dr. G.K. Devarajulu established it. It began operations in Coimbatore with technical assistance from the Swiss textile machinery maker Rieter. The Lakshmi Mills family promotes and owns the business.
LMW’s international footprint has increased over the years, and the company now has a competitive edge not just in developing nations, but also in Europe. LMW dominates 60% of the domestic Textile Spinning Machinery Industry.
Paysafe Limited is an international company that specialises in electronic payments. Neteller PLC, Netbanx Ltd, and Optimal Payments Limited merged to establish the business.
The business provides services under the Paysafe name as well as subsidiary companies such as Neteller, Skrill, Paysafe Cash, and paysafecard.
47. Progress Software
Progress Software Corporation (Progress) is a publicly traded American company that develops software for creating and implementing industrial applications.
Numerous MIT alumni, including Joseph W. Alsop, Clyde Kessel, and Chip Ziering, co-founded Progress Software. Progress Software relaunched as “Progress” in May 2016.
Progress’ offering comprises products for business integration, data interoperability, and app development, as well as enabling and deployment of Software as a Service (SaaS).
Commvault is a publicly listed data protection and data management software company based in the United States. Commvault began in 1988 as a Bell Labs development division focusing on data management, and recovery. After joining Lucent Technologies, the business was sold and incorporated in 1996.
Commvault enterprise software can be employed for backup and recovery, cloud and infrastructure management, archiving, and regulation.
Payoda Technology Inc. is a digital transformation organisation based in the United States. In 2005, Anand Purusothaman and Karunya Sampath established the company. They specialise in the healthcare, commerce, textile, and manufacturing sectors.
Payoda serves its customers in North America, Europe, and Asia with technology solutions and products.
Skava is a technology platform for online shops that develops and maintains mobile – friendly websites, apps, and virtual shopping solutions.
Arish Ali established the business in 2002. In 2015, Infosys acquired Skava for $120m .
Skava’s customers include Fortune 500 organisations. The business has operations on three continents.
Kovai.co is a B2B SaaS company specialising in enterprise integration and information sharing. Kovai.co gets its name from the founder’s birthplace of Coimbatore. Coimbatore was known as Kovanputhur, with a shortened form known as Kovai.
Saravana Kuma, the CEO of Kovai.co, established the business using his personal resources. Kovai.co has 5 products, 240+ teammates, and over 2000+ clients worldwide.
We hope this article helps you to identify the top product-based companies in India. The product-based companies are the backbone of our economy, and play a massive role in our nation’s technological development. So, if you have any suggestions or queries, feel free to comment below.
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