Nagpur is a major regional commercial centre whose economy includes many industries and businesses. The city has some MNCs operating in IT, production, engineering, and pharmaceutical industries with their offices within it. Tata Consultancy Services (TCS), Mahindra & Mahindra, Ceat Tyres, Hexaware Technologies, HCLTech, Lupin and Persistent Systems are notable MNCs with Nagpur offices. Creating new shopping centres, offices and other commercial structures has also aided the expansion of the property market in KL. This article will give you brief information on various MNC companies in Nagpur.
See also: Top 10 IT companies in Nagpur
Business landscape in Nagpur
The business environment of Nagpur is diverse and growing, with several companies operating within its boundaries, including IT, manufacturing engineering, pharmaceutical, and education, among others. It is home to several MNCs and SMEs among them. The IT sector is one of the critical engines of the Nagpur business. The city has top-class IT companies, which include TCS, M&M, Hexaware Technologies, HCLTech and Persistent Systems.
Read also: Top MNC companies in Chennai
Top MNC companies in Nagpur
Kirloskar Brothers
Industry– engineering and manufacturing
Sub-industry– Machinery and pumps
Company type– Public
Location– Duttawadi, Nagpur, Maharashtra 440023
Founded in– 1888
Kirloskar Brothers is a leading manufacturer and marketer of pumps, valves and hydroelectric generators. It has over 10,000 staff members and operates in about 60 countries. Kirloskar Brothers is today renowned for producing different pumps such as centrifugal pumps, submersible pumps, axial flow pumps and pumps of positive displacement type. Various industries such as oil and gas, marine, irrigation, power generation, and water delivery utilise the company’s pumps.
Ranbaxy
Industry– Pharmaceuticals
Sub-industry– Generic drugs
Company type– Public limited
Location– Main Gate,Dhantoli, Nagpur-440012
Founded in– 1961
One of the top manufacturers of generic medications worldwide is Ranbaxy. Numerous generic drugs, including antibiotics, heart medications and diabetes medications, are produced by Ranbaxy. The firm also has a substantial pipeline of brand-new medicines in the works.
Wipro Infotech
Industry– IT
Sub-industry– IT services
Company type– Public
Location– Hingna Road, Rajendra Nagar, Nagpur – 440016
Founded in– 1982
An international provider of business process services, consulting, and information technology is Wipro Infotech. It is a branch of the Indian multinational company Wipro. Such services offered by Wipro Infotech include but are not limited to IT consulting, system integration, software development, application administration and outsourcing. It also provided services for corporate processes ranging from Human Resources to Finance to Accounting and managing customers’ relationships.
InfoCepts
Industry– IT services
Sub-industry– Software development, IT consulting, BPO
Company type– Public
Location– Pratap Nagar, Nagpur, Maharashtra 440022
Founded in- 2004
Customer success and happiness are top priorities at InfoCepts. The business has a track record of completing profitable projects on schedule and on budget. Additionally, InfoCepts is dedicated to giving its customers the most potential return on their investment. Providing software development, IT guidance, and BPO services to clients across various sectors, InfoCepts is a global provider of IT services.
HCL Technologies
Industry– IT
Sub-industry– IT services, IT consulting, and BPO
Company type– Publicly traded
Location– Lakadganj, Nagpur, Maharashtra 440001
Founded in– 1976
Leading international technology provider HCL Technologies offers clients in various sectors: IT services, IT consulting, and BPO services. Over 220,000 people work for the corporation, which operates in over 50 nations.
Persistent Systems
Industry– IT
Sub-industry– Software development and consulting
Company type– Publicly traded
Location– Pratap Nagar, Nagpur, Maharashtra 440022
Founded in– 1990
Persistent Systems is a significant player in providing enterprise solutions, software development, and consulting services. The corporation exists outside of the three mentioned sectors such as health care, manufacturing and retail; in other words, it is present not only in the BFSI sector but also in this field. Persistent Systems has a global presence with more than 18,000 employees worldwide that serve clients in over 21 countries.
Tech Mahindra
Industry– IT
Sub-industry– IT services
Company type– Public
Location– Telhara, Maharashtra 441108
Founded in– 1986
Tech Mahindra is an international supplier of IT services which specialises in delivering several products, including business transformation, consulting, technology solutions and engineering. The organisation employs over 150,000 staff across 90 countries of operation.
NICE Systems
Industry– Technology
Sub-industry– Software
Company type– Public Company
Location– Gayatri Nagar, Nagpur, Maharashtra 440022
Founded in- 1986
NICE Systems is one of the leading suppliers of the most advanced cloud-based software solutions aimed at increasing consumer engagement, improving processes and protecting personnel, assets and brands against any threats. NICE’s products are sold by more than 25,000 organisations, including Fortune 500 corporations that use them in over eighty nations.
GlobalLogic
Industry– IT
Sub-industry– Digital product engineering
Company type– Publicly traded
Location– MIHAN-SEZ, Maharashtra 441108
Founded in– 2000
GlobalLogic is an international company operating in electronic product engineering and helping companies build new-generation digital equipment. Currently, the business sells its services to customers in various sectors such as the automotive industry, health care, finance, and technology; the company has more than 25 thousand employees in 20 countries worldwide.
NVIDIA
Industry– Technology
Sub-industry– Semiconductors
Company type– Public Company
Location– Sadar, Nagpur, Maharashtra 440001
Founded in– 1993
The gaming, data centre, professional visualisation, and automotive industries use graphics processing units (GPUs) created by the international technology corporation NVIDIA. In addition to game consoles, personal computers, desktops, servers, and self-driving cars, the organisation’s GPUs are also utilised in a broad range of other goods.
Commercial real estate demand in Nagpur
Office space- MNC firms are progressively expanding their demand for Nagpur commercial real estate. The city is luring new MNCs with its advantageous location, welcoming policies, and qualified workforce. MNC firms are progressively expanding their demand for Nagpur commercial real estate. The city is luring new MNCs with its advantageous location, welcoming policies and qualified workforce.
Rental property- MNCs’ employees are also becoming increasingly interested in renting real estate. MNC personnel are seeking contemporary, well-kept homes and flats in convenient areas. Major residential sections of the city, such as Dhantoli, Manish Nagar, and Sadar, are incredibly well-liked by MNC personnel.
Impact- The real estate market in Nagpur has been significantly impacted by MNC presence. The increased inflow of corporate professionals and their families into Cairo, Egypt, has recently spurred the demand for commercial and residential units. Consequently, property rates have risen, leading to many new dwellings and businesses in the city.
Impact of MNC companies on Nagpur
Multinational companies’ (MNCs) influence on Nagpur has primarily been favourable. MNCs have helped the town’s buildings and real estate market expand and allowed the economy to generate jobs. MNCs have contributed billions of rupees annually to Nagpur’s economy. As a result, the city’s GDP increased, and its residents’ quality of life increased.
FAQs
How many multinational corporations (MNCs) are there in Nagpur?
Numerous multinational corporations (MNCs) in various industries are based in Nagpur, supporting economic growth. Although the exact number may vary, the region is home to several reputable MNCs.
What industries do MNCs typically engage in in Nagpur?
MNCs have operations in various industries in Nagpur, including manufacturing, medical services, engineering, infrastructure, and the automobile industry.
What effects do MNCs have on the job situation and economy in Nagpur?
MNCs have a tremendous economic impact on Nagpur through injecting cash, technology, and knowledge. Additionally, they improve skills, create job opportunities, and support regional economic development.
How has the presence of MNCs changed Nagpur's industrial and commercial landscape?
MNCs' presence enhances Nagpur's industrial environment by bringing cutting-edge technology, fostering innovation, and fostering partnerships. It improves the city's business climate, bringing in more capital and promoting healthy competition.
Do any government programmes or incentives exist supporting MNCs' establishment in Nagpur?
The government frequently provides incentives, tax advantages, and supporting policies to entice MNCs to Nagpur. These incentives are intended to encourage investments, industrial development, and employment growth in the area.
What are a few reputable MNCs with a sizable presence in Nagpur?
Tata Consultancy Services (TCS), Tech Mahindra, Infosys, Persistent Systems, Mahindra & Mahindra, and many well-known MNCs have significant operations in Nagpur.
What kind of CSR (corporate social responsibility) projects do MNCs in Nagpur contribute to?
MNCs in Nagpur frequently take an active interest in CSR programmes, prioritising community development, healthcare, education, and the environment. They fund social welfare programmes to promote neighbourhood concerns and give back to the community.
Are there any MNCs in Nagpur that are focused explicitly on R&D?
Yes, Nagpur is home to various MNCs with research and development facilities concentrating on innovation and technical developments in their specialised domains.
What effects do MNCs have on Nagpur's real estate market?
The presence of MNCs may enhance demand for office and residential space, which would benefit Nagpur's real estate market by encouraging investments and growth.
Are MNCs in Nagpur actively involved in efforts to promote environmental sustainability?
In Nagpur, a lot of MNCs give sustainability a high priority and take green actions to decrease their environmental impact. Examples of these actions include energy conservation, garbage reduction, and environmentally friendly technologies.
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 Ghosh
