Top 10 Consumer Durable Companies in India;- Durable consumer companies are those who have a strong presence in the market for a long time. They have been able to maintain their position in the market by innovating and being ahead of the curve.
In economics, a durable good, a hard good, or a consumer durable is a good that does not –wear out quickly or, more specifically, a good that produces a benefit over time rather than being completely consumed in one use. Items like bricks can be considered quite durable goods because, in theory, they should never wear out. Durable goods such as refrigerators or cars usually remain useful for several years of use, so durable goods usually feature long periods between successive purchases.
Top 10 Consumer Durable Companies in India
It is well known that durable goods are a necessary part of economic production. This can be represented by the fact that personal expenditures on durable goods exceeded the total value of $800 billion in the year 2000. In the same year 2000, the production of durable goods constituted about 60 per cent of the total production within the manufacturing sector in the United States.
Some of these durable companies are:
1. Godrej Consumer Products Limited
Godrej Consumer Products Limited (GCPL) is an Indian multinational consumer goods company. The company is a subsidiary of Godrej Group, which was founded in 1937. GCPL is the largest exporter of consumer products in India and sells their products in over 150 countries across the world.
Godrej Consumer Products Limited is a company that produces quality, affordable household products. It is one of the best-selling brands in India and is known for its strong research and development capabilities. They currently have a global presence with offices in India, the United States, China, Japan and also in Europe.
2. ITC Limited
ITC Limited is a global company which is headquartered in Delhi, India. ITC Limited has been the world’s largest manufacturer of cigarettes since 1936. It manufactures many types of cigarettes under its own brand names, including (but not limited to) Kretek, United States American Spirit, Winston and L&M.
ITC Limited is one of the biggest manufacturers and exporters of a wide range of consumer durable products. It has been in the business for more than a century and has its presence across various markets, such as India, Africa, Americas, Europe, Middle East, Asia Pacific and South East Asia.
3. Tata Motors Limited
Tata Motors Limited has been in the automobile industry for over 100 years. They are a global leader in automotive technology and design. Tata Motors Limited is known for their innovation and use of renewable energy. They are also involved in research, education and training, entrepreneurship development, healthcare and social welfare services.
Tata Motors is a well-known automobile manufacturing company in India. It was established in 1868, and has its headquarters at Mumbai. Tata became the largest automobile manufacturer by volume in India, and is a member of the Fortune Global 500 companies.
4. Mahindra and Mahindra Limited
There are many sectors in India, but none are more important than the automotive industry. It is one of the most important industries that contributes to India’s economic and social advancement. Mahindra & Mahindra Limited is one of the leading Indian car manufacturers who has been designing cars for a long time.
Mahindra is a leading global automotive company with its headquarters in Mumbai, India. The company has its manufacturing operations in India and abroad, including North America, Europe and Asia.
5. L&T Infotech Ltd
L&T Infotech Ltd. is a company that offers IT Services, Electronics, and Manufacturing. It has over 30 years of experience in the industry and its customer base includes some of the largest companies around the globe. The company’s management philosophy is to commit its resources to make the client successful.
L&T Infotech Ltd is one of the leading IT companies in India with a list of prestigious clients. L&T Infotech has been ranked among the top 10 IT companies in India and is also among the top 50 global IT companies.
6. Reliance Industries Limited
Reliance Industries Limited was established in the year 1859. It is an Indian multinational conglomerate engaged in petrochemicals, textiles, retail, energy and telecommunications. The company is headquartered at Mumbai and operates its largest oil refinery in Jamnagar.
Reliance Industries Limited is a monopolistic, Indian multinational conglomerate headquartered in Mumbai. It has its roots in textiles and to date has interests across 40 countries. The company is one of India’s largest private sector enterprises and is ranked as the second-largest company in India by Forbes.
7. TCS Limited
TCS Limited is a well-known Indian multinational IT consulting and outsourcing company. They are the leading technology services provider in India. They have over 8500 employees and offices in 13 countries across Asia, Europe & America.
TCS Limited has been consistently ranked among the top companies in India. It has a workforce of over 25,000 employees and is listed on NASDAQ. The company has been running successfully for more than 100 years and is also one of the largest IT services providers in India.
8. HUL Corporation Ltd
HUL is a large conglomerate that sells a wide range of products. It has more than 30,000 employees who work in 10 offices across India. The company has had many achievements over the years with huge industrial growth being one of its major achievements.
HUL Corporation Ltd is a global conglomerate with its headquarters in Mumbai, India. It’s one of the biggest textile companies in the world and its capital has been valued at $4 billion USD. HUL Corporation Ltd is a favorite for consumers because of their “Fair Trade” practices and commitment to sustainable development.
9. Maruti Udyog Limited (MUL)
Maruti Udyog Limited (MUL) is the largest automobile company in India. It has more than 16 manufacturing facilities and a total capacity of over 2.6 million vehicles per year. In addition, it has operating presence in 15 countries. The company was founded by the late Mr Gautam Singhania in 1966 with a single car manufacturing facility, which now has expanded to 16 production plants across
Maruti Udyog Limited is the largest automobile company in India. It was founded by Mr. Bal R. Maruti, a former engineer of Fiat India Automobiles Limited, in 1983 after he returned to India from Italy. The company’s headquarters is located in Gurgaon, Haryana and it has manufacturing facilities throughout India. Its products include passenger cars, utility vehicles and commercial vehicles that are
10. Hindustan Unilever Ltd
Hindustan Unilever Ltd has almost 100 years of experience in producing and marketing products in India. It is also one of the top ten companies in India with a market capitalization of $23 billion.
Hindustan Unilever Ltd. is a multinational consumer goods company headquartered in Mumbai, Maharashtra, India. It is one of the leading marketers of branded consumer packaged goods and personal care products, and manufacturer of food ranges. It has grown from a small British soap manufacturing company to a global corporation with operations in over 190 countries and 192 geographies.