Leading Businesses In Maharashtra : Maharashtra is one of the largest states in terms of area and population in India. More than twice as many megacities as any other state in India are located in this state. As far as the state’s economy is concerned, Maharashtra represents the ideal fusion of tradition and modernity. Maharashtra’s GDP and per capita income have grown due in large part to the state’s diversified population, which also has a high rate of literacy.

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The state of business in Maharashtra

Maharashtra is a state with a varied and rich past, and it is home to a wide range of successful enterprises. Maharashtra’s capital, Mumbai, is among the biggest and most advanced cities in the world. Two of the biggest cities in the state, Mumbai and Pune, are home to over 100 international corporations that transact billions of dollars’ worth of business and employ more than half of the remaining population. Its other major cities include Nagpur, Nashik, and so on. These cities’ resource-specific locations, which have made them well-known for their industries, are what mostly contribute to economic growth. For instance, Nagpur is well-known for its industrial and automotive sectors.

Companies in Maharashtra

• Tata Group
• Industry: Conglomerate
• Company Type: Private
• Location: 24, Homi Mody Street Mumbai 400 001
• Founded in: 1868

Mumbai is home to the Tata Group, one of the oldest and most well-known businesses in India. The Tata Group, which has been around for more than a century, is involved in a number of industries, including steel, automobiles, IT, telecommunications, and hotels. Tata Consultancy Services (TCS), Tata Steel, Tata Motors, and Taj Hotels are among the businesses that fall under the Tata umbrella. Their steadfast dedication to sustainability, innovation, and corporate social responsibility has cemented their standing as an international leader.

Infosys

• Industry: Information Technology
• Company Type: Public
• Location: Triveni House, 202/A, Khemraj Krishnadas Marg, Near Grant Staion, Khetwadi, Mumbai, Maharashtra 400004
• Founded in: 1981

India’s leading provider of IT services is Infosys, which has its headquarters in Bengaluru and Pune. Infosys, which was founded by N. R. Narayana Murthy and his group, has been essential to the expansion of the IT sector in India. It serves clients in more than 45 countries and provides a broad variety of services, such as software development, consulting, and business process outsourcing.

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HDFC Bank

• Industry: Banking and Financial Services
• Company Type: Public
• Location: Cyrus Avenue, Khatija Mansion, Dr Anandrao Nair Rd, Agripada, Mumbai, Maharashtra 400008
• Founded in: 1994

Mumbai-based HDFC Bank is one of the top private sector banks in India. HDFC Bank is well-known for its creative banking solutions and customer-focused philosophy. Its extensive network of branches and ATMs spans all of India. It offers a wide range of financial services, such as wealth management, corporate banking, and retail banking.

Bajaj Auto

• Industry: Automotive
• Company Type: Public
• Location: Vishnu Bh. 19A Benam Hall L, Mumbai, Maharashtra 400004
• Founded in: 1945

Bajaj Auto is a well-known two- and three-wheeler company in India, with its headquarters located in Pune. With a notable presence in both the local and foreign markets, the firm is well-known for its classic bikes, such as the Bajaj Pulsar and the Bajaj Discover.

Reliance Industries

• Industry: Multiple industries
• Company type: Public
• Location: Nariman Point, Mumbai- 400021
• Founded in: 1958

The massive international conglomerate Reliance Industries owns a number of businesses. The group is frequently recognised as the richest conglomerate and is among the most significant and powerful businesses in India. The collection of businesses focuses in software, ports, and much more.

Hindustan Unilever

• Industry: Consumer goods
• Company type: Public
• Location: Andheri East, Mumbai- 400099
• Founded in: 1931

A major player in the sector with a focus on consumer goods is Hindustan Unilever. The corporation is the owner of over thirty utility and food product brands for consumers. The firm offers a wide variety of consumer goods, from food items to personal hygiene items and everything in between.

Larsen and Toubro

• Industry: Engineering and Infrastructure
• Company type: Public
• Location: Pascal Wadi, Madh, Mumbai- 400061
• Founded in: 1946

The international industrial behemoth Larsen and Toubro controls a large number of businesses that serve several industries, including software, mining, construction, and electricals. The firm is based in Mumbai, Maharashtra, and it works on huge industrial projects all throughout India.

Tata Consultancy Services

• Industry: IT
• Company type: Limited
• Location: Nariman Point, Mumbai, Maharashtra- 400021
• Founded in: 1968

Tata Consultancy Services is a prominent software solution provider on a worldwide scale. With more than 10,000 workers worldwide, the business offers software solutions and consulting to both public and private companies. With a market valuation of USD 154 billion, the corporation brought well over USD 27 billion in sales in 2022.

Leading Businesses In Maharashtra : Jio

• Industry: Telecommunications
• Company type: Private
• Location: RCP, Navi Mumbai– 400701
• Founded in: 2007

The Reliance Group of Industries is the owner of the Indian telecoms firm Jio. The corporation is in charge of introducing several game-changing advancements to India, including 5G, more affordable internet, remote internet access, and much more.

Leading Businesses In Maharashtra : IBM

• Industry: IT
• Company type: Private Limited
• Location: Bandra Kurla Complex, Bandra east, Mumbai- 400051
• Founded in: 1997

Another industry titan in software, IBM focuses on providing organisations with services and advice related to software. The business is well-known for its high-security cloud computing services and software solution offerings, which draw in a lot of large and medium-sized businesses that are committed to offering the greatest customer support.

Amazon

• Industry: Multiple industries
• Company type: Public
• Location: Godrej Tech Park, Mumbai- 400079
• Founded in: 2013

One of the top five corporations in the world, Amazon is a member of the FAANG group of businesses, which also includes Flipkart, Apple, Netflix, and Google. Amazon stands among the richest corporations globally, with a market capitalization of about 1.34 trillion USD and over $500 billion in sales for the fiscal year 2022. The firm oversees over 10,000 workers in India, and by delivering technology to even the most remote regions of the country, it has made a substantial contribution to India’s economic, physical, and civil growth.

Leading Businesses In Maharashtra : Deloitte

• Industry: Consulting
• Company type: Private Limited
• Location: Indiabulls finance centre, Fitwala road, Mumbai- 400013
• Founded in: 1922

Deloitte is a global leader in taxation, legal advice for companies of all sizes, and auditing and assurance. Numerous multinational corporations choose Deloitte as their partner, and the business is frequently recognised as one of the top consulting firms globally.

Leading Businesses In Maharashtra : Tech Mahindra

• Industry: IT
• Company type: Public
• Location: Rajiv Gandhi infotech park, Pune- 411014
• Founded in: 1986

Leading the way in the IT industry worldwide is Tech Mahindra. The business, which is a member of the Mahindra & Mahindra group, is committed to giving customers of all sizes the finest software solutions available.

Demand for real estate and business in Maharashtra

The centre of sectors including engineering, IT, chemicals, automotive, and infrastructure has historically been Maharashtra. Because of the rapid expansion in employment and population that these businesses have brought about, there is an increased demand for real estate. The residential sector has experienced a sharp rise in megacities like Mumbai and Pune.

Commercial real estate: Maharashtra has seen a sharp increase in demand for commercial real estate since the industrial revolution. The emergence of industry titans like Adani, Reliance, Tata, Mahindra, and so forth is mostly to blame for this. The expansion of Maharashtra’s commercial real estate sector has been significantly influenced by these businesses.

Leading Businesses In Maharashtra : Companies’ effects in Maharashtra

Maharashtra’s economic and physical development has been greatly affected by corporations. Global behemoths like Mahindra, IBM, Adani, Reliance, and Tata have had a big impact on Maharashtra by offering top-notch products and services both domestically and beyond. Maharashtra, which is home to some of the largest corporations in the world, has benefited immensely from this. By collaborating on government initiatives, these businesses have also contributed to the physical and ecological development of several locations. For instance, Jio has facilitated internet connectivity for over 30,000 isolated communities.

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