Top MNCs in Kolkata

Kolkata, also referred to as the City of Joy, has been recognised as a thriving place for multinational companies lately.  The city has experienced a rich history of commerce that goes all the way back to the colonial era. Even today, Kolkata continues to play a significant role in India’s economic landscape. 

Moreover, multinational companies have become interested in Kolkata due to the city’s strategic location, skilled workforce, cost-effective business environment, industrial diversity, government support, etc. The existence of MNC companies fuels Kolkata’s real estate market by increasing demand for commercial office spaces, rental properties, etc. While providing them with real estate properties, the real estate sector, in turn, gets a steady income, hence establishing a symbiotic relationship between the two. 

 

Business landscape in Kolkata 

Kolkata is a very attractive city not only in terms of looks but also business-wise. It draws in potential business tycoons or thriving startups through various factors mentioned above. In the same way, it has led to the construction of MNCs from various sectors, including IT, manufacturing, finance and healthcare. In short, Kolkata, with its rich heritage and suitable attributes, is the perfect city for MNC companies to thrive in. 

 

Top MNC  companies in Kolkata 

 

Wipro Infotech

Industry: Information Technology Services

Sub-industry: IT Solutions and Services

Company Type: MNC

Location: Salt Lake City Sector 5, Kolkata – 700091

Founding date: 1945

Wipro is an established Indian multinational corporation that specialises in information technology, consultant and business process services and operates in over 167 countries. The company has a wide range of skills like cloud computing, computer security, digital transformation, AI, robotics, and many more technology consulting services.

 

Ranbaxy

Industry: Pharmaceutical

Sub-industry: Pharmaceuticals and Healthcare

Company Type: MNC

Location: Bagbazar, Kolkata – 700003

Founding date: 1961

Ranbaxy is a subsidiary of a global pharmaceutical MNC that is involved in the manufacturing and distribution of pharmaceutical products in Kolkata. The MNC has started out as an Indian MNC and its entity continued till 2014, but its ownership changed twice till now. That kept aside, Ranbaxy specialises in manufacturing stabilised vitamins and nutraceuticals.

 

Bank of America

Industry: Banking and financial services

Sub-industry: Banking 

Company Type: MNC

Location: Kalighat, Kolkata, West Bengal 700071

Founding date: 1998

Multinational investment bank and financial services holding company, Bank of America Corporation is based in the United States. It provides services to individuals, small and middle market businesses, large corporations and even governments with all kinds of banking, investment management and other services that come under financial and risk management products and services. 

 

Barclays

Industry: Banking and financial services

Sub-industry: Banking 

Company Type: MNC 

Location: Bhawanipore, Kolkata, West Bengal, 700025

Founding date: 1690

Barclays is not only the oldest MNC company on this list, but it could easily be one of the oldest companies in the world. Headquartered in London, it is a British multinational universal bank that is seen as one of the most systemically important banks. It operates in over 40 countries, employs over 80,000 people, and through this, it has become the fifth largest bank in Europe in terms of total assets. 

 

TCS

Industry: Information Technology Services

Sub-industry: IT Consulting and Services

Company Type: MNC

Location: New Town, Kolkata – 700156

Founding date: 1968

Tata Consultancy Services is known for the wide range of campaigns and services it has to provide in the IT sector. The company provides innovative solutions in software development, cloud computing, and artificial intelligence that help businesses smoothly run operations and drive digital transformation. 

 

IBM

Industry: Information Technology Services

Sub-industry: IT Consulting and Services

Company Type: MNC

Location: New Town, Kolkata – 700156

Founding date: 1911

International Business Machines Corporation is an American MNC that specialises in advanced data analytics, hybrid cloud solutions and AI-powered applications. With the company’s help, companies are able to run efficiently. That is why companies like Microsoft, HP, Cisco, Dell, Oracle, Intel, Google, etc., have become some of IBM’s biggest customers. 

 

Cognizant

Industry: Information Technology Services

Sub-industry: IT Consulting and Services

Company Type: MNC

Location: Sector 5, Kolkata – 700091

Founding date: 1994

Cognizant is yet another American MNC whose expertise lies in providing one of the best digital strategy consulting, technology implementation, and industry-specific solutions. It has helped its many clients like JP Morgan Chase & Co., Pfizer, MetLife, Merch, Wells Fargo, etc., to navigate the digital landscape and achieve sustainable growth. 

 

Marble Box

Industry: Insurance

Company Type: MNC

Location: E Topsia Rd, Kolkata, West Bengal 700046

Founding date: 2002

Marble Box provides services for independent insurance agencies for functions. The company takes pride in being a leading employer and providing top-notch virtual insurance processing services for international insurance agencies. 

 

Kirloskar Brothers

Industry: Engineering and Manufacturing

Sub-industry: Machinery and Pumps

Company Type: MNC

Location: Salt Lake – Kolkata, 700091

Founding date: 1920

Kirloskar Brothers is a pump manufacturing company that provides engineering and manufacturing of systems for fluid management. These fluid management solutions are provided to large infrastructure projects found in the areas of water supply, power plants, irrigation, oil & gas and marine & defence. In addition to that, it also manufactured industrial and petrochemical, agriculture and domestic pumps. 

 

Commercial real estate demand in Kolkata 

• Office spaces:- The demand for office spaces in Kolkata has always been very steady, and with the increase in MNC companies, the demand for modern office spaces also significantly increased. This is because MNCs look for high-quality and well-equipped offices to carry out their day-to-day operations. The presence of MNCs has also led to the rise of co-working spaces in Kolkata.
• Rental properties:- The rental rate for commercial office spaces in Kolkata, especially those locations in prime locations, has been on the rise. However, commercial offices aren’t the only rental properties that MNC companies demand. Other properties that  MNC companies also need are retail spaces, warehouses and manufacturing facilities.
• Impact:- The growth of MNCs in Kolkata has also resulted in the growth of Kolkata’s economy. More workforce has appeared, which has also led to an increase in the competition for both businesses and job seekers. 

 

Impact of MNC companies on Kolkata 

It is no secret that MNC companies have profoundly impacted Kolkata. Not only have they stimulated economic development by bringing in investments, creating job opportunities and coming up with innovative ideas, but they have also elevated Kolkata’s status as a business hub. This has led to more opportunities for infrastructure development and modernisation in Kolkata. Business benefits aside, Kolkata has also benefited from them as they contribute to the city’s cultural diversity by bringing in their own traditions and customs. 

 

FAQs

Which MNC are there in Kolkata?

You can find several MNCs in Kolkata, including Wipro, TCS, Cognizant, IBM, etc.

Which are the top companies in Kolkata?

Some of the top companies in Kolkata are IBM, Tata Consultancy Services, Wipro, and Barclays.

How many companies are there in Kolkata?’

Kolkata has a substantial number of companies across various sectors ranging from small businesses to large corporations.

How do I join a MNC Company?

Prepare your skills, research, study, apply, and pass the interview and selection tests to join an MNC company.

Is MNC good for a job?

A position in MNC can vary differently from individual to individual as everyone has their own preferences, career goals and the MNC in question.

What is the salary in MNC?

Salaries in MNCs vary widely, but it is said to be a satisfying amount.

What are the top 5 industries in Kolkata?

The top 5 industries in Kolkata consist of information technology, manufacturing, healthcare, finance and education.

Which company is best for freshers in Kolkata?

Companies like TCS, Wipro, Cognizant, and IBM are recommended for freshers in Kolkata.

Which industry is famous in Kolkata?

The jute industry is famous in Kolkata.

What is the MNC qualification?

There is no specific set of qualifications for a position at an MNC Company. To pass the interview and selection tests, you need the proper skills, a good educational background and experience.

 

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 [email protected]