Ghaziabad, a bustling city in Northern India, has emerged as a vibrant business hub in recent years. This city is a home of companies spanning diverse industries, from steel manufacturing to FMCG. Their shared achievement has had a profound effect on the real estate market in addition to boosting the local economy.
As these corporate giants expand their projects, the demand for industrial and commercial spaces, plants, and warehouses has surged. As a result of this cascading effect, the city’s growing real estate market is being supported by a parallel demand for office space, R&D facilities, and corporate offices. Here, we present an overview of top companies in Ghaziabad, each contributing to the nation’s development in their unique style.
Business landscape in Ghaziabad
Ghaziabad, one of Uttar Pradesh’s most industrialised cities, boasts a thriving business and economic landscape. Its strategic location and excellent connectivity via roads and railways have led to remarkable commercialisation. The city’s economy relies heavily on its industries, attracting a skilled labour force due to numerous employment opportunities. Key sectors like steel and manufacturing contribute significantly, while real estate and tourism continue to flourish. Moreover, countless small-scale industries in various domains further enrich the city’s economic diversity, making it a prime example of a town with a prosperous economy.
Top companies in Ghaziabad
Ambica Steels
- Industry: Iron & Steel
- Sub Industry: Iron & Steel
- Company Type: Public
- Location: Sahibabad Industrial Area Site 4, Ghaziabad – 201010
- Founded: 1970
Ambica is a pioneer in the stainless steel industry, renowned for its commitment to quality and excellence. With an impressive annual production of approximately 80,000 tons of stainless steel, Ambica supplies a diverse range of products globally, including bright bars, angles, flats, and more. Notably, it is the first Indian stainless steel company to feature an in-house Radiation Check Lab, emphasising its dedication to quality control and safety. Ambica’s reliability and fast delivery make it a preferred partner in the stainless steel industry.
Asian Paints
- Industry: Chemical
- Sub Industry: Paints, Adhesives
- Company Type: Public
- Location: Raj Nagar, Ghaziabad – 201002
- Founded: 1942
Since its inception in 1942, Asian Paints has evolved into India’s leading paints company, consistently delivering innovation and quality. With a comprehensive range of products, including decorative and industrial paints, wall coverings, and more, Asian Paints has dominated the market since 1967. It has also ventured into home improvement, introducing bath and kitchen products, lighting, and furnishings. Recent acquisitions, like Weatherseal Fenestration and Obgenix Software, demonstrate its commitment to diversification and growth.
Bharat Electronics
- Industry: Electrical, Electronics, Batteries
- Sub Industry: Electrical, Electronics
- Company Type: Private
- Location: Sahibabad Industrial Area, Bharat Nagar Post, Ghaziabad – 201 010
- Founded: 1954
Bharat Electronics Ltd (BEL) significantly contributes to India’s defence and electronic manufacturing sectors. Established in 1954, BEL produces various electronic equipment, including defence communication products, radars, C4ISR systems, etc. Its extensive range of products serves the needs of the Indian Defence Services, showcasing its commitment to national security. Beyond defence, BEL excels in civilian products like Electronic Voting Machines, solar-powered traffic signal systems, and more.
Dabur
- Industry: Food, FMCG
- Sub Industry: FMCG, Processed Food, Food Grains
- Company Type: Public
- Location: Sahibabad Industrial Area Site 4, Ghaziabad – 201010
- Founded: 1884
With a rich history dating back to 1884, Dabur India has evolved into a global consumer goods company specialising in Ayurvedic and natural products. Dabur’s diverse product portfolio spans healthcare, personal care, food, and more. Its commitment to blending traditional Ayurvedic knowledge with modern science has made it a trusted name in wellness. Dabur’s legacy of quality and innovation extends to its Power Brands, including Dabur Chyawanprash, Dabur Honey, and Dabur Red Paste.
Gaurs Group
- Industry: Construction, Infrastructure, Coworking
- Sub Industry: Estate Services
- Company Type: MNC
- Location: Abhay Khand II, Indirapuram, Ghaziabad – 201014.
- Founded: 1995
Gaurs Group has emerged as a prominent real estate company in Delhi-NCR, Noida, Ghaziabad, and Yamuna Expressway. Founded in 1995, Gaurs Group has consistently pursued excellence in architectural endeavours and customer satisfaction. It has a diverse range of residential projects in Delhi NCR, positioning itself as a leading builder in the region. Gaurs Group’s commitment to quality and innovation has contributed significantly to Ghaziabad’s real estate market.
Himalaya Drug Company
- Industry: Pharmaceuticals, Labs, Cosmetic, Beauty & Wellness
- Sub Industry: Pharmaceuticals
- Company Type: Private
- Location: Anand Industrial Estate, Mohan Nagar, Ghaziabad, Uttar Pradesh – 201007
- Founded: 1930
The 138-year-old Himalaya Drug Company is a trusted name in herbal products, offering a wide range of personal wellness, healthcare, and baby care products. Its commitment to combining traditional Ayurvedic knowledge with modern research has resulted in over 300 innovative products. With over 100 countries, Himalaya’s global presence underscores its dedication to providing safe and efficacious herbal solutions.
Hindustan Coca-Cola Beverages (HCCB)
- Industry: Food, FMCG
- Sub Industry: Beverages
- Company Type: Private
- Location: Industrial Area Site 4, Sahibabad, Ghaziabad, Uttar Pradesh – 201010
- Founded: 1997
HCCB is a leading beverage manufacturer in India, producing and distributing beverages under the Coca-Cola India product umbrella. Established in 1997, HCCB has become one of India’s top FMCG companies, emphasising quality and purity in its products. With 18 factories across India, HCCB manufactures a diverse range of beverages, adhering to stringent quality standards. Its commitment to sustainability extends to energy sourcing, recycling, and collaborating with local communities, making it a responsible corporate entity.
Kalco Alu Systems
- Industry: Wood, Plastic Furniture, Fixtures, Fittings
- Company Type: Private
- Location: UPSIDC Industrial Area, Phase III, Ghaziabad, Uttar Pradesh – 245101
- Founded: 1992
Kalco is a prominent name in architectural products, specialising in Aluminium Doors, Windows, Ventilators, Partitions, Facades, ACP applications, and more. Founded in 1992, Kalco has established itself as a leader in the industry, known for impeccable quality and outstanding service. It adheres to green methodologies and uses high-quality materials, such as 6063 alloy and T6 temper, to create durable and corrosion-resistant products. Kalco’s commitment to innovation and sustainability is evident in its offerings.
LG Electronics India
- Industry: Consumer Durables, Home Appliances, Telecommunication, Mobile
- Sub Industry: Telecom Infrastructure, Equipments, Consumer Goods
- Company Type: Public
- Location: Raj Nagar, Ghaziabad – 201002
- Founded: 1997
LG Electronics, Inc. is a global leader in manufacturing display devices, home appliances, multimedia goods, electronic parts, and software. With a rich history dating back to its founding by In-Hwoi Koo in 1958 in Seoul, South Korea, LG Electronics has significantly impacted the consumer electronics and IT hardware industry. LG Electronics is a prominent player in Ghaziabad’s corporate ecosystem with a wide range of products, including televisions, monitors, and mobile communication devices.
Parle Agro
- Industry: Food, FMCG
- Sub Industry: Beverages
- Company Type: Private
- Location: Meerut Road, Guldhar, Ghaziabad – 201003
- Founded: 1985
Parle Agro, headquartered in Mumbai, is India’s largest beverage company, known for iconic brands such as Frooti, Appy, Appy Fizz, and Bailey. With a history dating back to 1985, Parle Agro has pioneered creating innovative products and establishing new beverage categories. The company’s extensive sales and distribution network impacts the rental property market, catering to the needs of consumers and boosting real estate development.
Tata Steel BSL
- Industry: Iron & Steel
- Sub Industry: Iron & Steel
- Company Type: Public
- Location: Site IV Sahibabad Industrial Area, Distt. Ghaziabad -201010
- Founded: 1987
Tata Steel BSL, formerly Bhushan Steel Limited, is a significant player in the Indian steel industry. With its presence in Ghaziabad, Tata Steel BSL contributes significantly to the demand for commercial real estate. Its robust manufacturing capabilities and product range, including Hot Rolled Coil and Precision Tubes, make it a prominent name in the sector. The company’s expansion plans and merger with Bamnipal Steel influence the city’s real estate dynamics.
Unichem Laboratories
- Sub Industry: Pharmaceuticals
- Company Type: Public
- Location: Industrial Area, Meerut Road, Ghaziabad – 201 003
- Founded: 1972
Unichem Laboratories is a Mumbai-based pharmaceutical company that manufactures a wide range of Active Pharmaceutical Ingredients (APIs). With a global market presence, including sales in India, Unichem Laboratories plays a crucial role in the healthcare sector in Ghaziabad. Its commitment to delivering better health through superior products aligns with the city’s growing healthcare needs, impacting the demand for medical facilities and real estate.
Commercial real estate demand in Ghaziabad
Office space: Companies in Ghaziabad are driving the demand for modern office spaces. Their evolving workspace needs have sparked a surge in the commercial real estate market. Ghaziabad is witnessing the development of contemporary office complexes and business hubs to cater to these requirements, fostering regional growth.
Rental property: The presence of these companies has left a significant mark on the rental property market in Ghaziabad. Property owners are capitalising on the consistent demand for commercial spaces, leading to competitive rental rates and increased property values, presenting an attractive opportunity for investors.
Impact: Beyond real estate, the influence of these companies extends to fostering mixed-use developments that integrate residential, commercial, and retail spaces seamlessly. This comprehensive approach caters to the needs of the companies in Ghaziabad and contributes to the creation of self-sustaining neighbourhoods within the city.
Impact of companies in Ghaziabad
Ghaziabad, a highly industrialised city in Uttar Pradesh, boasts a thriving economy driven by companies of various sectors. Its growth and development are intricately linked to the success and vision of these prominent companies, making it a booming business hub in India. Notably, the steel industry, with over 500 organisations employing 25,000 individuals, has earned Ghaziabad the “Steel Power of UP.” Manufacturing is another pivotal player, using 53% of non-agricultural labour and contributing significantly to the city’s income. The real estate sector has also flourished, fueled by employment opportunities, while tourism, thanks to cultural richness, bolsters revenue. These companies’ commitment to excellence, innovation, and sustainability reflects their role as critical drivers of Ghaziabad’s development.
FAQs
What is the business landscape like in Ghaziabad?
Ghaziabad boasts a thriving business and economic landscape due to its strategic location and excellent connectivity.
Who are some of the top companies in Ghaziabad?
Ambica Steels, Asian Paints, Bharat Electronics, Dabur, Gaurs Group, Himalaya Drug Company, Hindustan Coca-Cola Beverages, Kalco Alu Systems, LG Electronics, Parle Agro, Tata Steel BSL, and Unichem Laboratories.
What does Dabur India Ltd offer?
Dabur India Ltd offers a wide range of Ayurvedic and natural consumer goods.
What sector does Gaurs Group excel in?
Gaurs Group excels in the real estate sector in Delhi-NCR.
What is Ghaziabad's nickname in relation to the steel industry?
What are the key sectors contributing to Ghaziabad's economy?
The key sectors contributing to Ghaziabad's economy include: Manufacturing, especially steel, Real estate, and Tourism.
What effects have these businesses had on the Ghaziabad commercial real estate market?
These businesses have fueled the market's expansion for commercial real estate by driving demand for contemporary workspaces and rental homes.
How has the growth of Ghaziabad been affected overall by these businesses?
By fostering Ghaziabad's economic expansion and real estate development, these businesses have significantly aided in the city's transformation into a vibrant business hub.
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