Top companies of Gujarat

Gujarat is a hub for several corporate giants, which immensely contribute to its economy. From textiles to pharmaceuticals, this state has a vast range of industrial sectors. With companies such as Reliance Adani expanding their footprints, cities such as Ahmedabad and Surat are witnessing a real estate boom. Office spaces, residential complexes and retail outlets are witnessing an increased demand for the growing workforce. So, if you are looking to invest or settle in this vibrant state, take a look at these top companies in Gujarat.

See also: Top chemical industries in Gujarat

 

Business landscape in Gujarat

Gujarat, known as the Gateway to India, is home to an industrial sector with a focus on petrochemicals, textiles and manufacturing. It has major industrial conglomerates such as Reliance and Adani, and its strategic ports facilitate international trade. The state’s proactive government policies, investor-friendly environment and skilled workforce make it an attractive destination for businesses.

 

Top companies in Gujarat

Reliance

Industry: Oil & Gas

Sub Industry: Petroleum

Company Type: India’s Top 500

Location: Paldi, Ahmedabad 380007

Founding year: 1977

Founded by Dhirubhai Ambani in 1977, Reliance Industries Limited (RIL) is India’s largest private-sector firm and a Fortune 500 company. Over the years, it has become one of India’s most esteemed companies. RIL is home to the world’s largest refining complex located in Jamnagar, playing a vital role in ensuring India’s energy security.

 

Tata Motors

Industry: Automobile, Auto Ancillaries, Electric Vehicle & Dealers

Sub Industry: Automobiles

Company Type: India’s Top 500

Location:   Rajkot, Gujarat 360001

Founding Year: 1945

Tata Motors is one of India’s largest automotive manufacturing companies. It is a subsidiary of Tata Group and was founded in 1945 as Tata Engineering and Locomotive. The company produces a range of vehicles, including passenger cars, commercial vehicles, trucks, buses, and electric vehicles. Some popular passenger car models include Tata Tiago, Tata Nexon, Tata Harrier, and Tata Safari.

 

Sun Pharma

Sun Pharmaceutical Industries Ltd

Industry: Pharmaceuticals, Labs

Sub Industry: Pharmaceuticals

Company Type: India’s Top 500

Location: Vadodara, Gujarat 390020

Founding Year: 1983

Sun Pharmaceutical Industries, commonly known as Sun Pharma, is India’s largest and most prominent pharmaceutical company. Founded in 1983 by Dilip Shanghvi, it has grown to become a global pharmaceutical giant. It manufactures and markets a wide range of pharmaceutical products, including prescription drugs, over-the-counter medications, generic medicines, and active pharmaceutical ingredients (APIs). The company covers various therapeutic categories, such as dermatology, cardiology, neurology and ophthalmology.

 

Wipro

Industry: IT Services & Consulting

Sub Industry: Software Services

Company Type: India’s Top 500

Location: Ring Road Prahladnagar Satellite, Ahmedabad 380015

Founding year: 1945

Wipro Infotech, a division under the Wipro group, stands as a prominent player in the IT industry, serving both India and the Middle East. With a dedicated emphasis on the Indian IT landscape, Wipro Infotech has achieved impressive service expansion, surpassing a 40% growth rate in 2008-2009. It has successfully sealed significant contracts across multiple sectors, demonstrating its expertise in managing intricate infrastructure environments.

 

Amul

Industry: Food, FMCG

Sub Industry: Dairy Products

Company Type: India’s 501-1000

Location: Anand / Gujarat – 388001

Founding Year: 1946

Amul, also known as the Gujarat Cooperative Milk Marketing Federation (GCMMF), is one of India’s most well-known dairy cooperatives and a leading brand in the dairy and food processing industry. Founded in 1946 in the city of Anand, Gujarat, Amul is renowned for its wide range of dairy products, including milk, butter, ghee (clarified butter), cheese, yoghurt, ice cream and various packaged dairy items.

 

Adani

Industry: Power, Green Energy

Sub Industry: Energy, Power Generation, Distribution, Storage

Company Type: India’s Top 500

Location: Ahmedabad / Gujarat – 382421

Founding Year: 1996

Founded in 1996, Adani Power is a prominent Indian power generation and electrical utility company. It is part of the Adani Group, one of India’s largest business conglomerates. Adani Power focuses on the generation, transmission, and distribution of electricity across India. Some of its significant power plants include Mundra Power Plant, Tiroda Power Plant, and Kawai Power Plant.

 

Nirma

Industry: Chemical, Food, FMCG

Sub Industry: Industrial Chemical, FMCG

Company Type: India’s 501-1000

Location: Ahmedabad / Gujarat – 380009

Founding Year: 1969

Founded in 1969 by Karsanbhai Patel, Nirma has grown to become one of India’s leading and trusted brands. It started as a  low-cost detergent powder named ‘Nirma’, which quickly gained popularity. Today, Nirma is a well-known Indian conglomerate with a variety of business interests. Its primary focus is in the fields of consumer products, chemicals, and cement.

 

Pidilite

Industry: Chemical

Sub Industry: Industrial Chemicals, Paints, Adhesives

Company Type: India’s Top 500

Location: Vapi, Gujarat 396195

Founding Year: 1959

Pidilite Industries is an Indian multinational company that operates in various sectors, primarily chemicals and adhesives. Founded in 1959, Pidilite is one of India’s leading manufacturers of consumer and industrial adhesives, sealants, construction chemicals and a wide range of other speciality chemicals. It is best known for its popular brands, including Fevicol, Fevikwik, M-Seal and Dr. Fixit.

 

Godrej

Industry: Chemical, Construction, Infrastructure, Coworking, Consumer Durables, Home Appliances, Food, FMCG

Sub Industry: Industrial Chemical, Housing, Commercial, FMCG, Consumer Goods

Company Type: India’s Top 500

Location: Ahmedabad, Gujarat 380015

Founding Year: 1897

Godrej Group is one of India’s oldest and most diversified conglomerates, founded in 1897. It operates in a wide range of industries, including consumer goods, real estate, appliances, agribusiness, security, furniture, etc. Godrej Consumer Products Limited (GCPL) is a major subsidiary of the group and is known for its consumer goods, such as soaps, hair care products, household insecticides and personal care items. Some popular brands under GCPL include Godrej No.1, Cinthol, Good Knight, and Hit.

 

Parle

Industry: Food, FMCG

Sub Industry: Beverages

Company Type: India’s 501-1000

Location: Bhuj, Gujarat 370001

Founding Year: 1929

Parle Products is one of India’s most iconic and largest biscuit and confectionery manufacturers. Founded in 1929, the company is renowned for its diverse range of biscuits and snacks. Some of its well-known biscuit brands include Parle-G, KrackJack, Monaco, Hide & Seek and Milano. Parle also produces confectionery items like candies and toffees. The company operates numerous manufacturing plants across India to meet the high demand for its products.

 

Commercial real estate demand in Gujarat

Office spaces: Gujarat’s growing economy and business-friendly environment have led to a surge in demand for office spaces. Cities such as Ahmedabad and Gandhinagar are witnessing a boom in commercial real estate as more companies set up shop.

Rental properties: The increasing need for rental properties, especially in urban areas, is reshaping the real estate landscape. With a rising number of professionals and students moving to Gujarat for work and education, the demand for affordable rental accommodations has shot up. 

The demand for commercial real estate in Gujarat has led to substantial investments in infrastructure and development. The state’s modern office spaces are attracting top talent and businesses, boosting economic growth. Additionally, the rental property market is providing income opportunities for homeowners and investors.

 

Impact of these companies in Gujarat

Companies in Gujarat have significantly impacted the state’s economy and development. They have created numerous job opportunities, spurring employment and income growth for the local population. Additionally, these companies have contributed to the state’s infrastructure development, making Gujarat an attractive destination for businesses.

 

FAQs

Which is the largest industry in Gujarat?

Gujarat holds the top position in India's pharmaceutical sector, contributing to 33% of drug manufacturing and 28% of drug exports.

Which industry is growing fast in Gujarat?

The chemical and petrochemical industry in Gujarat is experiencing rapid growth, making it one of the state's fastest-growing sectors.

Which city has the most industries in Gujarat?

Vapi is renowned globally as a hub for chemical manufacturing and is often referred to as the ‘City of Chemicals.’ It stands as Gujarat's largest industrial zone, primarily dominated by small-scale industries.

Which is the business hub of Gujarat?

Surat is known as the Business Hub of Gujarat.

Which city in Gujarat has the highest economy?

The economic capital of Gujarat, Ahmedabad, has the highest economy.

Why Gujarat has so many industries?

The government's emphasis on emerging sectors and cluster development, along with consistent year-round power supply, has solidified Gujarat's position in various industries.

What is the rank of Gujarat's economy in India?

Gujarat is the third wealthiest state in India due to its strong industrial foundation.

Why is Gujarat important to the economy of India?

Gujarat, being one of the most industrially advanced states, has significantly increased investment, production value and value addition in India's industrial sector.

Is Ahmedabad a good place to invest in real estate?

Investing in Ahmedabad is a viable option for potential homebuyers. The city is experiencing rapid growth and is expected to see an increase in property prices in the upcoming year.

Got any questions or point of view on our article? We would love to hear from you. Write to our Editor-in-Chief Jhumur Ghosh at [email protected]