India’s top 200-crore turnover companies have witnessed remarkable growth in recent years, driven by various sectors contributing to the nation’s thriving economy. This surge in business activities has been catalysed by factors like increasing customer demand, strong economic activity and dynamic business landscape. From manufacturing giants to technology innovators, India’s corporate sector boasts a diverse spectrum of companies. As these companies continue to thrive, it signifies a promising future for India’s real estate sector, aligning with the nation’s dynamic business landscape. This impact has transcended regional boundaries, promoting a surge in demand for office spaces, manufacturing facilities, research centres and residential properties nationwide. Here, we present an overview of the top companies with more than Rs 200 crore turnover, making India an attractive destination for investors and businesses.
Business landscape in India
India is emerging as a dynamic hub for international business expansion, offering a robust economy with a 7% GDP growth rate forecasted by the end of FY23. With a welcoming environment for foreign investors, India boasts a cost-effective and skilled workforce, a flourishing IT sector and promising opportunities in areas like:
- EdTech
- Biotechnology
- Automotive
- Agriculture
- Food products
- Infrastructure
- E-commerce
- Renewable energy
- Tourism
However, India also faces challenges such as regulatory complexity and infrastructure gaps. The recent push for digitalisation and ease of doing business reform signals a positive outlook for investors, making India an attractive destination for business expansion and investment.
List of Rs 200-crore turnover companies in India
3i Infotech
Industry: Information Technology (IT), Data Analytics, AI, Robotics, IoT
Company Type: Industry Top
Location: Vashi Station Complex, Mumbai / Maharashtra – 400703
Founded in: 1993
3i Infotech has been a stalwart in the Indian IT industry. Headquartered in Mumbai, this company, promoted by ICICI Bank, has played a pivotal role in driving digital transformation across various sectors, including capital markets, mutual funds, wealth management, manufacturing, government, and retail. With over 6,000 employees in 30 offices across 15 countries, it serves more than 1000 clients globally. 3i Infotech’s IT Solutions and Transaction Services segments encompass software products, IT services and back-office operations management for BFSI clients. To stay at the forefront of innovation, it leverages emerging technologies such as:
- AI
- Blockchain
- RPA
- Low-code Development
- IoT
- Cloud Computing
- Machine Learning
Centum Electronics
Industry: Electrical, Electronics, Batteries
Company Type: Industry Top
Location: Yelahanka New Town, Bangalore / Bengaluru / Karnataka – 560064
Founded in: 1994
Centum Electronics specialises in electronics system design and manufacturing. The company manufactures subsystems of microelectronics and offers system integration services. With operations in North America, EMEA and Asia, Centum provides products and services across various industry segments. It is known for its cutting-edge infrastructure and global supply chain, serving industries such as:
- Defence
- Aerospace
- Space
- Medical
- Transportation
- Industrial sectors
Gati
Industry: Courier, Logistics, Supply Chain, Packaging, Transport
Company Type: Industry Top
Location: Kondapur, Hyderabad / Telangana – 500084
Founded in: 1989
Founded in 1989 and headquartered in Hyderabad, Gati is a renowned MNC courier delivery service company in India. Besides courier services, Gati offers supply chain solutions encompassing cold chain logistics, trading, E-commerce, warehousing, freight forwarding, and more. Gati is pivotal in ensuring smooth logistics and has strategic ties with Allcargo Logistics, enabling integrated logistics services and global expansion.
Ind-Swift
Industry: Pharmaceuticals, Labs
Company Type: Industry Top
Location: Industrial Area Phase II, Chandigarh / Chandigarh – 160002
Founded in: 1986
Ind-Swift, founded in 1986, is a leading pharmaceutical manufacturing and marketing company based in Chandigarh. Listed on the Bombay Stock Exchange and National Stock Exchange, it operates across various divisions, including:
- Nova
- Generic
- Ethical
- Institution
- Proposed
- Ayurveda
The company has made significant strides in therapeutic segments such as cardiology, diabetology, anti-depressant, anti-allergic, anti-infective, neurology and oncology in India and beyond.
Kalyani Forge
Industry: Automobile, Auto Ancillaries, Electric Vehicle & Dealers
Company Type: Industry Top
Location: Shangri La Gardens, Opp. Bund Garden, Pune, Maharashtra – 411001
Founded in: 1979
Kalyani Forge, with a history dating back to 1979, is among India’s oldest and most established manufacturers of precision forged and machined components. With TS 16949-certified facilities in Pune, India, Kalyani Forge is renowned for its expertise in hot, warm and cold forgings and precision machining. Kalyani Forge serves global leaders in automotive and non-automotive sectors, serving diverse industries, including:
- Automotive
- Construction
- Power generation
- Marine
- Railway
- Industrial goods
It also offers various products, including engine parts, chassis systems, turbochargers, transmissions, drivelines and more.
Kirloskar Electric Co
Industry: Electrical, Electronics, Batteries
Company Type: Industry Top
Location: Peenya, Bangalore / Bengaluru / Karnataka – 560058
Founded in: 1946
Founded in 1946, Kirloskar Electric Co. is a pioneering electrical engineering company known for catalysing industrialisation in India. Headquartered in Pune, the company operates across various core economic sectors, such as:
- Power generation
- Transmission
- Distribution
- Transportation
- Renewable energy
Kirloskar Electric offers a wide array of products, including AC Motors, AC Generators, Electronics, Transformers, Traction, Switchgear, DG Sets and AC Generators. Kirloskar Electric has a rich history of contributing to India’s growing economy.
Mahindra Lifespaces Developers
Industry: Construction, Infrastructure, Coworking
Company Type: Industry Top
Location: Mahindra Towers, Worli, Mumbai, Maharashtra – 400018
Founded in: 1994
Mahindra Lifespaces Developers, established in 1994 in Mumbai, is a prominent real estate and infrastructure development company. A part of the Mahindra Group, it engages in residential developments under brands like ‘Mahindra Lifespaces’ and ‘Happinest.’ The company also focuses on integrated cities and industrial clusters under ‘Mahindra World City’ and ‘ORIGINS by Mahindra World City.’ Mahindra Lifespaces is committed to sustainable urbanisation in India.
NIIT
Industry: Institutes – Educational, Training, Edtech
Company Type: Industry Top
Location: Sector – 32, Gurgaon / Gurugram / Haryana – 122001
Founded in: 1981
NIIT, established in 1981 as the National Institute of Information Technology, has evolved into a global talent development organisation. It offers a comprehensive array of talent development programs to individuals, enterprises, and institutions worldwide. With a presence in over 30 nations, NIIT is crucial in building skilled human capital and enhancing workforce talent across various domains, including technology and banking.
Nucleus Software Exports
Industry: Information Technology (IT), Data Analytics, AI, Robotics, IoT
Company Type: Industry Top
Location: Sector-62, Noida, Uttar Pradesh – 201307
Founded in: 1986
Founded in 1986 and headquartered in Noida, Nucleus Software Exports is an Indian global IT products and solutions company. It specialises in serving the banking and financial service sector and provides a wide range of IT solutions and consultancy services. Its product suite includes ‘finnone’ and ‘finnaxia,’ catering to the needs of financial institutions globally.
Sasken Technologies
Industry: Information Technology (IT), Data Analytics, AI, Robotics, IoT
Company Type: Industry Top
Location: Ring Road, Domlur, Bangalore / Bengaluru / Karnataka – 560071
Founded in: 1989
Sasken Technologies, founded in 1989 and based in Bangalore, provides product engineering and digital transformation services. The company serves a wide range of industries, including:
- Semiconductors
- Automotive
- Industrials
- Smart devices
- Wearables
- Enterprise-grade devices
- Satcom
- Transportation
Sasken is recognized for its extensive technological expertise, contributing significantly to the growth of its clients in the automotive and technology sectors.
Commercial real estate demand in India
Office Space: Companies in India with a turnover of over Rs 200 crore are revolutionising the demand for office spaces, redefining the city’s commercial real estate industry. This shift is fueling the creation of innovative office complexes and vibrant business hubs nationwide. These developments cater to the specific needs of businesses and stimulate growth in neighbouring areas.
Rental Property: The influx of companies with a turnover of over Rs 200 crore has significantly impacted India’s rental property market, offering benefits to landlords and property owners. This influence has resulted in competitive rental rates and increased property values, making it an appealing and profitable choice for investors.
Impact: The footprint of India’s companies with a turnover of over Rs 200 crore goes beyond real estate. Their expansion has led to mixed-use developments seamlessly combining residential, business, and retail areas. This comprehensive strategy satisfies businesses’ needs and encourages the development of self-sufficient start-ups across the country.
Impact of 200-crore turnover companies in India
The economy of India is significantly impacted by these companies with a turnover of over Rs 200 crore, which increase GDP, create jobs and innovate the market. These companies operate in several sectors, from manufacturing and IT to finance and healthcare. They help drive technological advancements and enhance India’s global competitiveness. These companies also engage in CSR initiatives, preceding their positive influence by supporting social and environmental causes. India’s economic and social success is shaped mainly by businesses with $200 billion or more in revenues.
FAQs
What is the significance of a Rs 200 crore turnover in India?
A Rs 200 crore turnover indicates substantial revenue generation for a company and is a noteworthy milestone in Indian businesses.
How many companies in India achieve a turnover of Rs 200 crore or more?
The number of companies with a turnover of Rs 200 crore or more varies yearly, but it usually includes a mix of established and emerging businesses. For example, companies like Reliance industry, TCS, Larsen & Toubro, and Maruti Suzuki, have an annual turnover of more than Rs 200 crores.
Which industries are commonly represented among Rs 200-crore turnover companies in India?
These companies span various sectors, including: Manufacturing Technology Healthcare Finance
Do Rs 200-crore turnover companies in India contribute significantly to the country’s economy?
Yes, these companies play a crucial role in India's economic growth by creating jobs, paying taxes, and fostering innovation.
How does a company’s turnover impact its market reputation and competitiveness?
A higher turnover often enhances a company’s reputation and can provide resources for expansion and innovation, making it more competitive.
What are the key factors that contribute to a company reaching a Rs 200 crore turnover?
The key factors include Robust business strategies Effective marketing Efficient operations Adapting to market trends
What are the critical challenges faced by Rs 200-crore turnover companies in India?
Challenges include competition, regulatory compliance and economic fluctuations.
Why is a company's turnover significant?
A company's turnover is a crucial financial measure indicating its revenue and growth potential, calculated by multiplying goods or services sold by their prices.
What are some companies in India that have a turnover of over Rs 200 crores?
Some examples of companies with a turnover of over Rs 200 crores include 3i Infotech Ltd., Centum Electronics Ltd., Gati Ltd., Ind-Swift Ltd., Kalyani Forge Ltd., Kirloskar Electric Co. Ltd., Mahindra Lifespaces Developers Ltd., NIIT Ltd., Nucleus Software Exports Ltd and Sasken Technologies Ltd.
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