Top Italian companies in India

Italian companies have a major presence in India due to the huge customer base that they can target. These companies have been behind several major developments. One sector where Italian companies are prominent is the automotive sector, where they team up with Indian companies and deliver the best of both worlds. Besides this, there are multiple sectors, such as food and beverages, architecture, retail, etc, where Italian companies have introduced good quality products and helped several local businesses. 

 

Business landscape in India

India has a dynamic business landscape that is continuously evolving as the customer base is growing rapidly. Agriculture and manufacturing are among the top sectors in India. Besides these, IT, pharmaceuticals, automotive, telecommunication and renewable energy are also among the top contributors to the economy. The significant growth in these sectors over the past few years, especially IT, has been the cause of major infrastructural developments. India has witnessed a burgeoning real estate sector. The startup culture in India is also on the rise, and the companies based in India have started representing it at the global level, competing with international giants. 

 

List of top Italian companies in India

Fiat 

Industry: Automotive

Location: Bandra East, Mumbai, Maharashtra 400051

Founded in: 1899

Fiat is an Italian automotive company that has introduced cars like the Fiat Punto, Fiat Linea and Fiat Avventura in the Indian market. The company collaborated with Tata Motors and was known as Fiat India Automobiles. The company has brought Italian technology to India and has introduced a new range of designs as well as engineering practices. Fiat has been a prominent contributor to the Indian automotive sector. The manufacturing unit in India also exports a huge number of cars and automotive components, proving to be beneficial for the export market of India. 

 

Piaggio

Industry: Automotive

Location: Okhla Phase II, Okhla Industrial Estate, New Delhi, Delhi 110020

Founded in: 1884

Piaggio is a well-established brand in India that is famous for its wide range of commercial vehicles, especially three-wheelers that dominate the Indian roads. The company has provided plenty of opportunities in India, and with its three-wheelers, it has greatly helped the logistics and transportation sector. The industry in India also contributes significantly to India’s export revenues. Piaggio fulfills the demand for reliable and cheap commercial vehicles that help local people transport their goods easily, and it also makes the supply chain more efficient.

 

Benetton Group

Industry: Retail

Location: Infocity, part 1, Block B, Gurugram, Haryana 122001

Founded in: 1965

Benetton is a fashion and apparel company that has a significant presence in India. It has a wide range of stores all over the country, selling apparel for men, women and children. The brand has a diverse portfolio, from t-shirts, shirts and sweaters to all kinds of bottom wear. Benetton India has had a notable impact on the Indian fashion industry. The brand’s retail stores have brought in international standards and have played a major role in the development of the retail industry. Besides this, Benetton is also responsible for bringing international fashion trends to India and influencing the fashion industry. 

 

Ferrero

Industry: Food and beverage

Location: Kharadi, Pune, Maharashtra 411014

Founded in: 1946

Fererro is a well-known name in the chocolate industry, while the company contributes to the confectionery and snack market. Ferrero Rocher, Kinder Joy, Nutella and Tic Tac are among their most popular products in India. The company distributes its products to almost all retail stores in India and has contributed significant employment opportunities in the retail, supply chain, import-export, and logistics sectors. Ferrero delivers premium quality food products that have helped the Indian confectionery market grow. Ferrero also exports its raw materials from India, helping the Indian export market as well.

 

Geox

Industry: Retail and fashion

Location: DLF Mall Of India, Sec, Block M, Sector 18, Noida, Uttar Pradesh 201301

Geox is a footwear and apparel brand which manufactures a diverse range of footwear, from shoes, sneakers to sandals and boots. The brand is known for its premium footwear range that meets the market standards in terms of quality and durability. It also sells premium quality, trendy apparel and has a prominent presence in retail stores in India. It is a major contributor to the import-export market of India and has introduced comfortable yet fashionable footwear and apparel in the country, which has influenced many Indian brands to do the same. 

 

Graziano India

Industry: Automotive

Location: Film City, Ballabhgarh, Noida, Uttar Pradesh 201310

Founded in: 1951

Graziano Trasmissioni India, widely known as Graziano India, is a well-established Italian engineering company with a significant presence in the automotive sector. The company excels in manufacturing transmission and driveline systems for cars, trucks and tractors. Besides these, it has a diverse portfolio consisting of automotive components equipped with advanced technology. The company has several manufacturing units in India, and it has collaborated with Indian automotive technologies to provide them with high-tech solutions. Graziano has introduced global technology in India, and by partnering up with Indian companies, it has contributed significantly towards the development of the automotive sector. 

 

Zuari Cement 

Industry: Manufacturing

Location: Moti Nagar, Delhi, 110015

Founded in: 1962

Zuari Cement is an Italian cement manufacturing company that is a subsidiary of the Italcementi Group and the HeidelbergCement Group. The company produces several types of cement that are popular in the Indian market, be it for residential or commercial buildings or other infrastructural projects. The types mainly include Portland Pozzolana Cement(PPC), OPC, PSC and ready-to-mix concrete. The company also offers engineering and construction services as well as on-time delivery of its products. The cement produced by the company is high-quality, and the company uses eco-friendly methods to promote sustainability. 

 

Carraro India

Industry: Automotive

Location: Ranjangaon MIDC, Maharashtra 412220

Founded in: 1932

Carraro India is an automotive company that is a part of the Italian Carraro Group. The company manufactures a wide range of automotive equipment, such as axles, hydrostatic and power shift transmissions, gears, shafts, etc, for vehicles like tractors, forklifts and backhoe loaders. The company offers premium quality, advanced equipment as well as consultation, installation and maintenance services. The company’s major focus on customer support makes it stand out as it offers technical assistance, warranty services and spare parts supply as well. 

 

Real estate demand in India

Italian companies in India have not only led to an increase in the demand for commercial real estate because their offices and manufacturing units require huge office spaces, but they have also led to major infrastructural developments. These companies have heavily influenced Indian architecture and have bought Italian design concepts that have been increasingly popular among the Indian customer base. As a result, there has been an increase in demand for real estate properties that are influenced by the designs by these companies. Moreover, the establishment of Italian engineering firms has caused major developments as well, resulting in an increase in real estate prices. 

 

Impact of Italian companies on India

Italian companies have a significant presence in a wide range of sectors in India. These companies not only have introduced new ideas and innovations in India but have also contributed significantly to the economy. The Italian luxury brands have elevated the fashion industry in India, bringing a major revolution in terms of style. Automotive companies such as Fiat and Piaggio have brought in technological advancements as well as new designs. Besides this, Italian cuisine is quite famous in India, and numerous food and beverage companies have established their chains and industries in India and have gained significant popularity over the past few years. 

 

FAQs

How many Italian companies are there in India?

There are more than 700 Italian companies operating in India currently.

Why are Italian companies so renowned?

Italian companies are renowned for their luxury textile and automobile products.

Which are the biggest Italian companies in India?

Ferrero and Fiat Auto are the most valuable Italian companies in India.

Are Italian companies in India considered good for investment?

Italian companies like Fiat Auto have shown tremendous growth in India, and it provides car engines to various brands.

Are there any confectionary Italian companies in India?

Ferrero, one of the world’s biggest confectionery companies, has been in India for more than 20 years now.

Do Italian companies produce in India, or are the goods imported?

Italian companies like Fiat have recently started production in India; Ferrero also set up its factory in India recently.

Are the products manufactured by these companies superior in quality?

The products produced by these companies are superior to many Indian rivals, and the companies have maintained their quality.

Where are the major Italian companies located in India?

Mumbai, Gurgaon and Delhi are the prime locations where these companies have their offices.

Does India promote trade with Italian companies?

Italian companies bring advanced technologies and new designs, promoting development in India, and this is the reason why India promotes trade with Italian companies.

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 jhumur.ghosh1@housing.com