Top 10 public companies in India

Over 250 public sector companies have become noteworthy players, excelling in their respective fields and contributing significantly to the country’s economic growth. These companies provide diverse services and create numerous job opportunities. As the demand for industrial and commercial spaces, plots and warehouses continues to grow, India’s real estate sector has become closely tied to the performance of these public enterprises.

See also:  Top 10 private companies in India

 

Business landscape in India

India has cemented its position with its technological prowess, with thriving sectors encompassing telecommunications, information technology, pharmaceuticals, textiles and engineering, holding their own against global counterparts. What sets India’s business landscape apart is its robust economic growth, openness to foreign investment and its youthful workforce, driving innovation and productivity. Adding to the equation is a growing emphasis on sustainability and social responsibility, reflecting the global shift towards responsible business practices. This unique blend of tech prowess, demographic advantage and a commitment to sustainability paints a compelling picture of India’s dynamic and adaptable business environment.

 

Top 10 public companies in India

Bharat Heavy Electricals Limited

Industry: Electrical equipment

Company type: Public

Location: Siri Fort, New Delhi – 110049

Founding date: 1964

Established in 1964, Bharat Heavy Electricals Limited (BHEL) is a prominent player in the electrical equipment industry. Headquartered in New Delhi, it boasts a diverse product portfolio encompassing electric motors, gas and steam turbines, boilers, generators, heat exchangers, switchgear, pumps, sensors, power electronics, automation and control systems and transmission systems. BHEL is renowned for its engineering and manufacturing excellence, serving various industries.

 

Bharat Petroleum Corporation

Industry: Petrochemical products

Company type: Public

Location: Sewree Station, Mumbai – 400015

Founding date: 1952

Bharat Petroleum Corporation (BPCL) is among India’s top 10 public companies, headquartered in Mumbai, Maharashtra. Specialising in petroleum, natural gas and other petrochemical products, BPCL manages two of India’s largest refineries in Mumbai and Kochi. Its extensive reach and commitment to quality have solidified its position in the energy sector.

 

Coal India

Industry: Coal and bituminous products

Company type: Public

Location: Airport, Kolkata – 700052

Founding date: 1975

Founded in 1975 and headquartered in Kolkata, West Bengal, Coal India is a leading public limited company with a global footprint in coal and bituminous products. It proudly ranks among the world’s top coal producers, making a remarkable contribution to India’s energy needs by supplying over 80% of the nation’s coal production.

 

Hindustan Petroleum Corporation

Industry: Petrochemical products

Company type: Public

Location: Mumbai, Maharashtra – 400020.

Founding date: 1974

Established in 1974 in Mumbai, Maharashtra, Hindustan Petroleum Corporation has emerged as a formidable player in the oil, natural gas, petroleum, lubricant and petrochemical sectors. Its diverse offerings extend beyond fuels and lubricants, providing comprehensive energy solutions to a broad customer base.

 

Indian Oil Corporation

Industry: Petrochemical products

Company type: Public

Location: Yusuf Sarai, New Delhi – 110049

Founding date: 1964

Indian Oil Corporation (IOCL), is a major player in the oil, petrochemical and natural gas sectors. It was established in 1964 and has its headquarters in New Delhi. IOCL’s extensive operations span India, Sri Lanka, the Middle East and Mauritius, offering an extensive range of energy products and services. It is committed to powering progress and serving diverse energy needs across multiple regions.

 

NTPC

Industry: Electricity, natural gas

Company type: Public

Location: Lodhi Road, Delhi – 110003

Founding date: 1975

Established in 1975 and headquartered at NTPC Bhawan, SCOPE Complex, Institutional Area, Lodhi Road, New Delhi, NTPC is a leading public sector company in India. It specialises in electricity generation, distribution, natural gas exploration, production, transportation and distribution. Formerly known as National Thermal Power Corporation Ltd, NTPC plays a pivotal role in India’s energy sector.

 

Oil and Natural Gas Corporation

Industry: Petrochemical products

Company type: Public

Location: Dehradun, Uttarakhand – 248001

Founding date: 1956

Founded in 1956 and headquartered in Dehradun, Uttarakhand, Oil and Natural Gas Corporation (ONGC) is an Indian multinational oil and gas company. ONGC is a major player in the petroleum, natural gas, and petrochemical industries, contributing significantly to India’s energy needs and economic growth.

 

Punjab National Bank

Industry: Banking, finance and insurance

Company type: Public

Location: Dwarka, New Delhi – 110075

Founding date: 1894

Established in 1894 and headquartered in Delhi, Punjab National Bank is a versatile financial institution offering many products and services. These include credit cards, corporate banking, consumer banking, finance and insurance, investment banking, mortgage loans, private banking, private equity and wealth management, making PNB a comprehensive financial partner.

 

State Bank of India

Industry: Banking, finance and insurance

Company type: Public

Location: Mumbai, Maharashtra – 400050

Founding date: 1955

Headquartered in Mumbai, Maharashtra, the State Bank of India is a banking giant offering diverse products and services. These encompass credit cards, consumer banking, finance and insurance, corporate banking, investment banking, mortgage loans, private banking, savings, securities, private equity, asset management and wealth management.

 

Steel Authority of India Limited

Industry: Steel

Company type: Public

Location: Lodhi Road, New Delhi – 110003

Founding date: 1954

Founded in 1954 and headquartered in New Delhi, the Steel Authority of India Limited (SAIL) is a significant player in the steel industry. SAIL’s product portfolio includes steel, flat steel products, wire products, long steel products and specialised components such as wheels and axles for Indian Railways. SAIL plays a crucial role in India’s infrastructure and industrial development.

 

Commercial real estate demand in India

Office space

India’s growing public and private sectors drive a strong need for larger office spaces to accommodate their expanding workforces. This surge in demand has led to significant growth in the commercial real estate sector, especially in major cities such as Delhi, Mumbai, Bangalore and Hyderabad. Consequently, these cities are witnessing the rapid development of modern office complexes and business parks, reflecting India’s thriving corporate landscape.

Rental property

The increased demand for office spaces has revitalised India’s rental property market. Cities such as Delhi, Mumbai and Bangalore are experiencing property owners benefiting from steady demand for commercial properties. This trend has led to competitive rental rates and boosted property values, making it an attractive opportunity for property owners and investors.

Impact

In response to the changing business landscape, developers are now focusing on innovative mixed-use developments that seamlessly blend residential, commercial and retail spaces. These developments cater to the diverse needs of professionals and residents, whether from the public or private sectors. They go beyond traditional real estate, creating vibrant, self-sustaining communities that embody India’s growing real estate sector, fostering a dynamic and interconnected way of life.

 

Impact of public companies on India

Public companies in India have played a pivotal role in shaping the nation’s economic landscape, with far-reaching impacts on localities and their real estate dynamics. Developing essential infrastructure, driven by public sector investments in power, transportation, communication, education, etc., has been a cornerstone of the country’s economic growth. This infrastructure not only facilitates industrial development but also triggers demand for real estate in proximity to these critical facilities. Moreover, expanding public sector enterprises, spanning industries such as iron and steel, petroleum and heavy engineering, has strengthened India’s industrial foundation. As these industries flourish, they, in turn, catalyse the growth of private sector businesses, creating a ripple effect in the real estate sector.

 

FAQs

What is a public company?

A public company is a company that has its securities publicly traded on stock markets.

Which public companies impact real estate the most?

Public companies such as petroleum, coal and heavy engineering significantly impact real estate due to the demand they generate for residential and commercial properties in their proximity.

What are the top public companies in India?

Some of the top public companies in India include Indian Oil Corporation (IOCL), Bharat Petroleum Corporation (BPCL), State Bank of India (SBI), Hindustan Petroleum Corporation (HPCL) and Oil & Natural Gas Corporation (ONGC).

Which is the largest public company in India?

Regarding revenue, India's largest public company is Indian Oil Corporation (IOCL). IOCL is a significant player in the petroleum, petrochemical, and natural gas industries, contributing significantly to India's economy.

Which Indian state has a more significant number of public companies?

Maharashtra, particularly Mumbai and Delhi, are two of the leading states in India with a significant number of public companies. Mumbai in Maharashtra is known as the financial and business hub of the country, while Delhi, including New Delhi, is also a major centre for corporate and government institutions.

What is the connection between NTPC and the real estate industry in India?

NTPC's specialisation in electricity generation is pivotal for the real estate sector. Reliable power supply is essential for construction sites, residential complexes and commercial properties, driving the growth of the real estate industry.

What is the starting salary for a job in a public company in India?

The starting salary for a job in a public company in India can vary depending on the individual's position, qualifications and experience. Generally, the salary structure for public company jobs ranges from Rs 24,900 to Rs 1,80,000 per month. Additionally, employees may receive various allowances and benefits as part of their compensation package.

How many Public Sector Undertakings are there in India?

India has 277 Public Sector Undertakings, with PSUs categorised as Maharatna, Navratna, and Mini-Ratna Companies based on specific criteria and performance indicators.

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