Top Companies India

India, since the past few years, has experienced a paradigm shift due to its competitive stand in the business world.
Being a huge market itself, as well as the home to cheap and skilled labors in abundance, India became the favorite
hunting ground for the companies to explore the market and grow their business. The presence of a number of top
companies in India only seconds the thought that the country's market has got enormous potential. The economy of
the country, with robust growth trajectory and stable annual growth rate, also helps the top Indian companies, along
with the smaller operators, to grow at a better pace. Foreign exchange reserves and the thriving capital markets are
also the other factors that the top companies in India make use of.

Top companies in India in respective sectors

Following are some of the top companies in India in respective sectors.

Top IT Companies

IT, in terms of production and exports, is still the fastest growing segment in India. Due to easy availability of highly
skilled professionals, India has been one of the major hubs of software developments across the world. The total
software exports from the country reached US$ 47 billion in FY2009. There are a number of top IT companies
running their operations in India. Many of those are from the country, while the others are multinational companies
having their operations in various countries across the world. Following are some of the top IT companies in India:

• Tata Consultancy Services (TCS)

• Wipro Limited

• Infosys Technologies Ltd.

• HCL Technologies

• Tech Mahindra

• Patni Computer Systems

• i-flex Solutions

• MphasiS

• L&T Infotech

• IBM India

• Cognizant Technology Solutions (CTS)

Top BPO Companies

BPO or Business Process Outsourcing is one of the biggest sectors in Indian business. It is also one of the fastest
growing sectors in Indian economy. According to the prediction of the World Bank and Goldman Sachs, India, by the
year 2020, is going to attract almost 80% of the BPO industry in the world. Following are some of the top BPO
companies in India:

• TCS BPO

• Infosys BPO Ltd.

 • Wipro BPO Solutions

• Cognizant

• HCL BPO

• HP India

• MphasiS BPO

• Intelenet

• IBM Daksh

• Genpact

• Tech Mahindra Ltd.

• Aegis Ltd.

• WNS Global Services (P) Ltd.

• Patni Computer Systems Ltd.

• CSC India Pvt. Ltd.

• Hinduja Global Solutions Pvt. Ltd.

• Convergys India Services

• Oracle Financial Services Software Ltd.

• Firstsource Solutions Ltd.

• L&T Infotech Ltd.

Top Multinational Companies

Due to its huge market potential, India has attracted a number of top multinational companies. Though the majority of
the multinational companies operating in the country are from the U.S., however, a growing number of MNCs from
other parts of the world are also coming to India. Following are the top multinational companies in India:

• IBM

• Microsoft

• Coke

• Pepsi Co

• Pfizer

• Aventis

• Novartis

• Procter and Gamble

• Siemens

• Nestle

• Cadbury

• Nokia Communication

• Samsung
 • LG

• British Petroleum

• Vodafone

• Reebok

Top Pharma Companies

India has a strong pharmaceutical market, which results in the existence of a number of top bracket pharma
companies. Despite the great recession, the sales in the Indian pharma industry went up by 18.4% in March 2009.
According to the recent McKinsey report (November 30, 2009), the industry will touch $40 billion mark by 2015.
Following are the top pharma companies in India:

• Ranbaxy

• Dr Reddy's Laboratories

• Cipla

• Sun Pharma Industries

• Lupin Labs

• Aurobindo Pharma

• GlaxoSmithKline Pharma

• Cadila Healthcare

• Aventis Pharma

• Ipca Laboratories

Top Aviation Companies

Aviation sector is also a lucrative segment in Indian business. As world's top aviation companies like Airbus and
Boeing are eyeing to leverage this country as their hub for Maintenance, Repair and Overhaul (MRO), the next 10
years would see the presence of a number of top airlines companies in India at a large number. It's also expected to
generate over 6,00,000 jobs in the same time period. Following are some of the top airlines companies in India:

• Jet Airways

• Jet Lite

• Kingfisher Airlines

• Air India

• Indian

• IndiGo

• SpiceJet

• GoAir

• Paramount Airways

Top Biotech Companies

Since the Department of Biotechnology (DBT) was set up in 1986 by the Government of India, the Indian biotech
industry got a huge thrust. Utilizing the initiatives taken by DBT, the biotech industry in India came up a long way to
become one of the leading biotech hubs in the world in a very short frame of time. A number of top biotech
companies have come into the market as there is no dearth of sound knowledge base and skilled manpower in the
country. Currently there are around 325 biotech companies in India. Among them, the top biotech companies in India
can be listed as below:

• Biocon

• Panacea Botec

• Serum Institute of India

• Nicholas Piramal

• GlaxoSmithKline

• Wockhardt Limited

• Krebs Biochemicals and Industries Limited

• Indian Immunologicals

• Bharat Serum

• Zydus Cadila

Top Manufacturing Companies

India is emerging as one of the manufacturing hubs in the world, thanks to its high skills in product, process and
capital engineering. The availability of cheap and skilled manpower in abundance has also attracted several top
manufacturing companies in this country. According to the CII survey, most of the top Indian manufacturing
companies have also recorded positive trends in the first quarter of 2009-2010. Following are the top manufacturing
companies in India:

• Tata Steel

• Jindal Steel

• Larsen & Toubro

• Apollo Tyres

• Videocon

• Haldia Petrochemicals

• Godrej & Boyce

Top Financial Companies

The financial market in India is flooded with a number of top players, which play major roles in the economy of the
country. The financial reform, which was an integral part of the overall Indian policy, attracted many financial
companies to run their operations in India. Over the past 15 years, the financial system of India has continuously
been deregulated. It is also exposed to international financial markets. As a result, a number of new instruments and
products are coming up from the top players regularly. Following are some of the top financial companies in India:

• Bajaj Capital Limited

 • ICICI

• HDFC

• Birla Global Finance Limited

• ING Vysya

• Kotak Mahindra

• Tata AIG

• Max New York

• MetLife India

• LIC

India Real Estate Companies

India real estate companies have increased in number in recent times due to the boom in the real
estate sector itself which again was a function of the information technology boom in India in the last
few years, accompanied by the growth of the Indian economy at 8%.

The soaring prices of real estate in India have led to corporate attention to this sector, with a
number of India real estate companies jumping onto the real estate bandwagon in recent years.
The demand for property is constantly getting steeper in India and as a result, the growing numbers of
real estate companies in India comes as no surprise.

The various India real estate companies are:

• DLF group
• Parsvnath developers limited
• Unitech group
• K. Raheja group
Among the real estate companies in India, DLF Group is one of the biggest real estate giants. It has
built many state-of-the-art, high-quality buildings across the country, specifically in Gurgaon. The Group
has also tied up with Hilton Hospitality in order to build a whopping 100 hotels in India over the next few
years.

The DLF Group has bought a 25 acre land for Rs. 452 crore in Hyderabad where it is going to build an
ultra-modern IT park. Parsvnath Developers Limited is another important real estate company in India
which has decided to increase its land bank by investing Rs. 16,000 crore. The company has secured a
76 acre plot in Indore, where it also plans to build an IT park.

Unitech Group is a real estate company in India and has plans to invest US$ 720 million in building
hotels in the country. Its partner for this venture is Marriott International. Among the companies for real
estate in India, K.Raheja group deserves a special mention. This company has been in the real estate
business over the last few decades and has completed over 2000 real estate projects.
India real estate companies have witnessed growth in business in the last few years. The
government, however, needs to keep an eye on this sector to ensure that the infrastructure provided by
these companies is of international standards, at least in the IT sector. The government also needs to
ensure that India real estate companies are fair in their dealings with people.

Telecom Companies in India

The stupendous growth of the telecommunication companies in India over the last fifteen years can be attributed
to the liberal government of India, economic policy. The economic renaissance effected in the early 1990s brought
around a paradigm shift on the overall business scenario of India. The telecommunication companies in India went
through a huge make-over during the implementation of the open-market policy of India.

The erstwhile closed market policy was replaced by a more liberal form of economic policy. A whole new form
of Indian Telecommunication Policy was drafted to compliment the change effected in the economic policy of India.
The amendment effected the new telecommunication policy of India made huge changes with respect to investments
and entry of Foreign Direct Investments (FDI) and Foreign Institution Investors (FII) respectively, into the virgin Indian
telecommunication market. This resulted entry of private, domestic and foreign telecommunication companies in
India.

The economic contribution made by these newly formed telecommunication companies of India is really mentioned
worthy and this industry witnessed highest growth after the Indian Information Technology industry. The robust
growth of Indian economy after the economic liberalization in the 1990s induced massive change in the telecom
policy and new draft was framed and implemented by the 'Telecom Regulatory Authority of India' (TRAI) and
'Department of Telecommunication' (DOT), under the Ministry of Telecommunication government of India. The main
aim of these telecommunication companies in India is to provide basic telephony services to each and every Indian.

With the advent of private telecommunication companies in India, the industry witnessed introduction of mobile
telephones into the Indian market and it became popular amongst the Indian masses in no time. Today two types of
mobile phone service providers operates in the Indian market, like the following -

• Global System for Mobile Communications (GSM)

• Code Division Multiple Access (CDMA)

The main binding objective for all the telecommunication companies operating in India are as follows -

• To facilitate telecommunication for all

• Ensuring quick availability of telephone connectivity

• Achieve universal service access at affordable price covering all Indian villages, as early as possible

• Providing world class telecommunication services

• Solving consumer complaints, resolve disputes, and special attention to be given to public interface

• To provide widest possible range of services at reasonable prices

• To emerges as a major manufacturing base and major exporter of telecommunication equipment

 • To protect the defense and security interests of the country

Three types of service providers exist in the Indian telecommunication sector, like the following -

• State owned companies like - Bharat Sanchar Nigam Ltd, Videsh Sanchar Nigam Ltd and Mahanagar
Telephone Nigam Ltd

• Private Indian owned companies like - Reliance Infocomm and Tata Teleservices.

• Foreign invested companies like - Hutchison-Essar, Bharti Tele-Ventures, Escotel, Idea Cellular, BPL
Mobile, Spice Communications etc.

Related Links
• Bharat Sanchar Nigam Limited

• Videsh Sanchar Nigam Limited

• Mahanagar Telephone Nigam Limited

• Bharti Airtel

• Vodafone Essar

• Reliance Communications

• Avaya Globalconnect Limited

• Anco Communications Limited

• Tata Teleservices
• Spice Telecom
• Idea Cellular
• Sasken Network Engineering Limited
• BPL Mobile Communications Limited
• Aishwarya Telecom Limited
• Aircel Cellular Limited
• Aksh Optifibre Limited

Top 10 financial services companies in India

The financial system of a country has a great impact on the economy with financial services companies responsible
for the robust economic growth. There has to be a direct link between the regulatory institutions and the intermediary
institutions while determining the financial system of a country.

Financial services provided by finance companies include insurance, housing financing, mutual funds,
credit reporting, debt collection, stock broking, portfolio management, and investment advisory.
List of top 10 financial services companies in India

Find below a comprehensive list of top financial services companies in India.

SBI Capital Markets Limited:

This happens to be the oldest organizations in the sphere of capital markets in India. Established in 1986 in the form
of an ancillary of SBI, they have ranked second in Asia's Project Advisory services. The company is a traiblazer in
privatization and securitization. The subsidiaries of SBI Capital Markets are SBICAPs Ventures Ltd., SBICAP Trustee
Co.Ltd. and many others.

Bajaj Capital Limited:

One of the major financial services companies in India, Bajaj Capital offers best investment advisory and financial
planning services. The services are meted out to the institutional investors, NRIs, corporate houses, individual
investors, high network clients as well.

DSP Merrill Lynch Limited:

A major player in the equity and debt market in India, DSP Merrill Lynch offers financial advises to varied corporations
and institutions. With an array of wealth management and investor services, their services are customized in a
manner that they meet every investor requirement.

Birla Global Finance Limited:

The subsidiary of Aditya Birla Nuvo Ltd., this company has operations in the corporate finance and capital market
arena. An alliance with Sun Life Financial of Canada, they have given birth to Birla Sun Life Insurance Co Ltd., Birla
Sun Life Distribution Co. and alike.

Housing Development Finance Corporation:

A best financial solution for home loans, NRI loans, HDFC is the one stop destination for personal finance. With
overseas branches in Singapore, Kuwait, Qatar, Saudi Arabia and many others, HDFC has been going great guns
every year.

PNB Housing Finance Limited:

This company offers premium solutions for relieving the borrower segment. The Home Loan Life Insurance Plan of
this has come in conjunction with TATA AIG, with the lowest premium when compared to the peers.

ICICI Group:

Wide arena of financial products and services, ICICI Group has solutions like InstaBanking, Online Trading, Insta
Insure, ICICI Bank imobile etc. Providing high class financial services in all segments of the society, ICICI Group
deals with Mutual Fund, Private Equity, Securities, and Life Insurance etc.
 LIC Finance Limited:

It is the biggest Housing Finance Company in India, providing finance to individuals for repair or construction or
renovation of any old or new apartment or house.

L & T Finance Limited:

Established in 1994 by the Larsen and Turbo group, this has become a significant name in the financial sector. Funds
for automobiles, Agricultural Instruments, secured loans; they have all types of loans for a long tenure.

Karvy Group:

With Mutual Funds Services, Depository Services, Debt Market Services, Investment Banking and many others,
Karvy Group has spanned across the domestic financial sector as well as abroad.

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 Major Manufacturing Companies of India
For more information on this topic, please refer to the following links:

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• TVS Motors

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• Apollo Tyres

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• Videocon Group

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• Hindusthan Unilever Limited

• Moser Baer
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B

Communication Industry in India

The Communication Industry in India is one of the rapidly emerging sectors in India and is estimated to surface as the
second biggest international telecom market. As per the report carried out by Telecom Regulatory Authority of India
(TRAI), Indian communication industry has registered a 3.5% increase in its total telecom subscribers in December
2009. The sector touched 562.21 million in its total number of subscribers within a month, against 543.20 million in
November 2009.

The growth in communication industry was triggered by an increase in the revenues generated from both
landline and mobile facilities. On December 31, 2009 the sector earned the revenue of USD 8.56 billion. As per
the Business Monitor International report, the nation is all set to include 8 to 10 million cellular phone subscribers on
monthly basis. At this pace the communication industry is expected to encompass more than half of India's
population i.e. 612 million cellular phone subscribers by mid 2012.

In addition, as per a research carried out by Nokia, the communications sector is estimated to surface as the biggest
driving component in India's GDP with a contribution of about 15.4% by the FY2014.

India as an emerging Value-Added Services Market

As per a research conducted by Stanford University, Indian mobile value-added services (MVAS) are expected to
reach USD 2.74 bn by the FY2010. To benefit from the emerging MVAS market in India, Reliance Communications
and Bharti Airtel Limited are all set to introduce online cellular phone applications in Indian retail stores. While Bharti
Airtel will offer around 1,250 applications, Reliance Communications' applications will soon be accessible to its GSM
customers by Feb 2010.

India as an emerging telecom equipment manufacturing Market

The manufacturing of Cellular phone in India is predicted to expand at an annual rate of 28.3% till the FY 2011 which
can be translated as a production of 107 million mobile handsets by 2010. The production would automatically
generate profits and is predicted to increase at an annual rate of 26.6% till 2011, reaching the target of USD13.7
billion.

Chief Investments in the Communication Industry in India

Over the past one decade, the flourishing Indian Communication industry has been successful in drawing the
attention of conglomerates that have invested and are willing to invest more in the sector. With the influx of new
telecom giants in Indian market, the investments are likely to gain immense momentum:

• Investment of USD 6 bn by Vodafone Essar for the next 3 fiscal years in order to expand its list of cellular
phone subscribers to 100 million against the existing 40 million.

• By 2010, Reliance Communications (RCom) is expecting to increase the total number of telecom towers by
constructing 56,596 telecom towers and attaining the preset target of 100,000.

• Telenor, Norway based telecom giant has purchased 7% of shares in Unitech Wireless and now possesses
67.25% by bringing in an investment of USD 431.70 million

• Indian government owned telecom player, BSNL will invest USD1.17 billion in its WiMax scheme

• A proposal of foreign direct investment worth USD 660.1 million by Federal Agency for State Property
Management of the Russian Federation has been recently approved by the Indian government. The Agency
would be acquiring 20% stake in Sistema-Shyam after bringing in the investment.

• A USD 1 billion investment will be brought in by Tata Teleservices in its newly introduced GSM facility Tata
DoCoMo.

Future of Communication Industry in India

Indian Communication Industry has a flourishing future in its value-added services market. The pre-set target of the
11th plan from FY 2007 - 12 is to provide 600 million cellular phone connectivity aided by an investment of USD 74
billion.
 Moreover, it is estimated that by the FY 2012 the profits generated by Indian Communication Industry will touch USD
55 billion against the current USD 31 billion.

(Last Updated on 09 March 2010)

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• Objectives of National Telecom

• Opportunities

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• Telecom Policy 1999
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Banks In India
Vision of Banks in India

The banking scenario in India has already gained all the momentum, with the domestic and international banks
gathering pace. The focus of all banks in India has shifted their approach to 'cost', determined by revenue minus
profit. This means that all the resources should be used efficiently to better the productivity and ensure a win-win
situation. To survive in the long run, it is essential to focus on cost saving. Previously, banks focused on the 'revenue'
model which is equal to cost plus profit. Post the banking reforms, banks shifted their approach to the 'profit' model,
which meant that banks aimed at higher profit maximization.

Focus of banks in India

The banking industry is slated for growth in future with a more qualitative rather than quantitative approach. The total
assets of all scheduled commercial banks by end-March 2010 is projected to touch Rs 40,90,000 crore. This is going
to comprise around 65% of GDP at current market prices as compared to 67% in 2002-03. The bank's assets are
estimated to grow at an annual composite rate of growth of 13.4% during the rest of the decade as against 16.7%
between 1994-95 and 2002-03.

Barring the asset side, on the liability perspective, there will be huge additions to the capital base and reserves.
People will rely more on borrowed funds, pace of deposit growth slowing down side by side. However, advances and
investments would not see a healthy growth rate.

Consolidation of Banks in India

Would the banking industry in India get opened up for more international competition? India would see a large
number of global banks controlling huge stakes of the banking entities in the country. The overseas banking units
would bring along with it capital, technology, and management skills. This would lead to higher competition in the
banking frontier and ensure greater efficiency. The FDI norms in the banking sector would give more leverage to the
Indian banks.

Thus, a consolidation phase in the banking industry in India is expected in the near future with mergers and
acquisitions gathering more pace. One might also see mergers between public sector banks or public sector banks
and private banks. Credit cards, insurance are the next best strategic places where alliances can be formed.

Future challenges of Banks in India

The Indian banks are hopeful of becoming a global brand as they are the major source of financial sector revenue
and profit growth. The financial services penetration in India continues to be healthy, thus the banking industry is also
not far behind. As a result of this, the profit for the Indian banking industry will surely surge ahead. The profit pool of
the Indian banking industry is probable to augment from US$ 4.8 billion in 2005 to US$ 20 billion in 2010 and further
to US$ 40 billion by 2015. This growth and expansion pace would be driven by the chunk of middle class population.
The increase in the number of private banks, the domestic credit market of India is estimated to grow from US$ 0.4
trillion in 2004 to US$ 23 trillion by 2050. Third largest banking hub of the globe by 2040 - is that vision too far away?
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Home » Banks in India » Nationalised Banks in India

Nationalised Banks in India

Nationalised banks in India are the major players in Indian banking system dominating the industry. Not only that, the
nationalised banks in India also play pivotal role in the economic development of the country at the same time.

The Base

The history of nationalization of Indian banks dates back to the year 1955 when the Imperial Bank of India was
nationalized and re-christened as State Bank of India (under the SBI Act, 1955). Later on July 19, 1960, the 7
subsidiaries of SBI viz. State Bank of Hyderabad (SBH), State Bank of Indore, State Bank of Saurashtra (SBS), State
Bank of Mysore (SBM), State Bank of Bikaner and Jaipur (SBBJ), State Bank of Patiala (SBP), and State Bank of
Travancore (SBT) were also nationalized with deposits more than 200 crores.

The Initiative

The banking industry in India became a major tool for the development of country's economy by the 1960. The
industry also became a large employer creating a number of opportunities for the job-seekers. In order to spread
banking infrastructure in rural areas, the then Prime Minister, Indira Gandhi took the initiative to nationalize some
commercial banks. She submitted a paper “Stray thoughts on Bank Nationalisation’ in the All India Congress Meeting,
which got positive feedback. On July 19, 1969, 14 commercial banks were nationalized, which got presidential
approval on August 9, 1969.

In 1980, in order to provide government more power and command over credit delivery, six more commercial banks
in India were nationalized. In 1993, New Bank of India merged with Punjab National Bank (PNB), which brought the
number of nationalized banks in India to 19. It's also the only merger between two Indian nationalized banks. In the
following years, the nationalized banks in India saw a growth rate of around 4%, which was close to average growth
rate of country's economy.

List of Nationalised Banks in India

Following is the list of Nationalised Banks in India:

1. Allahabad Bank

2. Andhra Bank

3. Bank of Baroda

4. Bank of India

5. Bank of Maharashtra

6. Canara Bank

7. Central Bank of India

8. Corporation Bank

9. Dena Bank

10. Indian Bank

11. Indian Overseas Bank

12. Oriental Bank of Commerce

13. Punjab & Sind Bank

14. Punjab National Bank

15. Syndicate Bank

16. UCO Bank

17. Union Bank of India

 18. United Bank of India

19. Vijaya Bank

Following are the details of the nationalised banks of India (as on 2008-09):

Allahabad Bank

Name of Bank Allahabad Bank

2, Netaji Subhas Road, Kolkata –

Address
700001

No. of Offices 2217

No. of Employees 20457

Business per Employee (in Rs.

706.00
Lakh)

Profit per Employee (in Rs. Lakh) 3.75

Interest Income (in Rs. Crore) 7365

Other Income (in Rs. Crore) 1142

Interest Expended (in Rs. Crore) 5206

Operating Expenses (in Rs. Crore) 1399

Return on Assets 0.90

CRAR 13.11

Net NPA Ratio 0.72

Andhra Bank

Name of Bank Andhra Bank

Andhra Bank Building, Sultan Bazar, P.B. No.

Address
161, Hyderabad – 500 001

No. of Offices 1425

No. of Employees 14255

 Business per Employee
728.29
(in Rs. Lakh)

Profit per Employee (in

4.58
Rs. Lakh)

Interest Income (in Rs.

5375
Crore)

Other Income (in Rs.

765
Crore)

Interest Expended (in Rs.

3748
Crore)

Operating Expenses (in

1104
Rs. Crore)

Return on Assets 1.09

CRAR 13.22

Net NPA Ratio 0.18

Bank of Baroda

Name of Bank Bank of Baroda

Baroda Corporate Centre, C-26, G-Block, Bandra-

Address
Kurla Complex, Bandra (East), Mumbai – 400 051

No. of Offices 2916

No. of Employees 36838

Business per
Employee (in Rs. 914.00
Lakh)

Profit per Employee

6.05
(in Rs. Lakh)

Interest Income (in

15092
Rs. Crore)
 Other Income (in Rs.
2758
Crore)

Interest Expended (in

9968
Rs. Crore)

Operating Expenses
3576
(in Rs. Crore)

Return on Assets 1.09

CRAR 14.05

Net NPA Ratio 0.31

Bank of India

Name of Bank Bank of India

Express Towers, Nariman Point, Mumbai –

Address
400 021

No. of Offices 2934

No. of Employees 40155

Business per Employee (in Rs.

833.00
Lakh)

Profit per Employee (in Rs.

7.49
Lakh)

Interest Income (in Rs. Crore) 16347

Other Income (in Rs. Crore) 3052

Interest Expended (in Rs.

10848
Crore)

Operating Expenses (in Rs.

3094
Crore)

Return on Assets 1.49

CRAR 13.01
 Net NPA Ratio 0.44

Bank of Maharashtra

Name of Bank Bank of Maharashtra

Lok Mangal, 1501 Shivaji Nagar, Post Box No.

Address
919, Pune – 411 005

No. of Offices 1407

No. of Employees 13631

Business per Employee (in

635.61
Rs. Lakh)

Profit per Employee (in

2.76
Rs. Lakh)

Interest Income (in Rs.

4292
Crore)

Other Income (in Rs.

500
Crore)

Interest Expended (in Rs.

3035
Crore)

Operating Expenses (in

963
Rs. Crore)

Return on Assets 0.72

CRAR 12.05

Net NPA Ratio 0.79

Canara Bank

Name of Bank Canara Bank

Canara Bank, 112, Jayachamarajendra Road, Post

Address
Box No. 6648, Bangalore – 560 002
 No. of Offices 2740

No. of Employees 44090

Business per
Employee (in Rs. 780.17
Lakh)

Profit per Employee

4.97
(in Rs. Lakh)

Interest Income (in Rs.

17119
Crore)

Other Income (in Rs.

2311
Crore)

Interest Expended (in

12401
Rs. Crore)

Operating Expenses
3065
(in Rs. Crore)

Return on Assets 1.06

CRAR 14.1

Net NPA Ratio 1.09

Central Bank of India

Name of Bank Central Bank of India

Chander Mukhi, Nariman Point, Mumbai –

Address
400 021

No. of Offices 3527

No. of Employees 35543

Business per Employee (in Rs.

560.28
Lakh)

Profit per Employee (in Rs.

1.71
Lakh)
 Interest Income (in Rs. Crore) 10455

Other Income (in Rs. Crore) 1070

Interest Expended (in Rs.

8227
Crore)

Operating Expenses (in Rs.

1862
Crore)

Return on Assets 0.45

CRAR 13.12

Net NPA Ratio 1.24

Corporation Bank

Name of Bank Corporation Bank

Bharath Building, G.H.S. Road, Post Box No. 88,

Address
Mangalore – 575 001

No. of Offices 1028

No. of Employees 12465

Business per Employee

1049.00
(in Rs. Lakh)

Profit per Employee (in

7.64
Rs. Lakh)

Interest Income (in Rs.

6067
Crore)

Other Income (in Rs.

1107
Crore)

Interest Expended (in Rs.

4376
Crore)

Operating Expenses (in

1002
Rs. Crore)
 Return on Assets 1.24

CRAR 13.61

Net NPA Ratio 0.29

Dena Bank

Name of Bank Dena Bank

Dena Corporate Centre, C-10 G Block Bandra-Kurla

Address
Complex, Bandra (East), Mumbai – 400 051

No. of Offices 1093

No. of Employees 9883

Business per
Employee (in Rs. 714
Lakh)

Profit per Employee

4.28
(in Rs. Lakh)

Interest Income (in

3447
Rs. Crore)

Other Income (in Rs.

430
Crore)

Interest Expended (in

2383
Rs. Crore)

Operating Expenses
768
(in Rs. Crore)

Return on Assets 1.02

CRAR 12.07

Net NPA Ratio 1.09

Indian Bank
 Name of Bank Indian Bank

Indian Bank Building, P.B. No. 1384, Rajaji Road,

Address
Chennai – 600 001

No. of Offices 1611

No. of Employees 19993

Business per Employee (in

617.00
Rs. Lakh)

Profit per Employee (in

6.23
Rs. Lakh)

Interest Income (in Rs.

6830
Crore)

Other Income (in Rs.

1035
Crore)

Interest Expended (in Rs.

4222
Crore)

Operating Expenses (in

1415
Rs. Crore)

Return on Assets 1.62

CRAR 13.27

Net NPA Ratio 0.18

Indian Overseas Bank

Name of Bank Indian Overseas Bank

762, Anna Salai, P.B. No. 3765, Chennai –

Address
600 002

No. of Offices 1927

No. of Employees 25512

Business per Employee (in Rs. 689.50

 Lakh)

Profit per Employee (in Rs.

5.20
Lakh)

Interest Income (in Rs. Crore) 9641

Other Income (in Rs. Crore) 1596

Interest Expended (in Rs.

6772
Crore)

Operating Expenses (in Rs.

1942
Crore)

Return on Assets 1.17

CRAR 13.20

Net NPA Ratio 1.33

Oriental Bank of Commerce

Name of Bank Oriental Bank of Commerce

E-Block, Connaught Place, P.B. No. 329, New

Address
Delhi – 110 001

No. of Offices 1422

No. of Employees 14656

Business per Employee (in

1142.43
Rs. Lakh)

Profit per Employee (in Rs.

6.18
Lakh)

Interest Income (in Rs.

8856
Crore)

Other Income (in Rs. Crore) 1071

Interest Expended (in Rs.

6860
Crore)
 Operating Expenses (in Rs.
1383
Crore)

Return on Assets 0.88

CRAR 12.98

Net NPA Ratio 0.65

Punjab & Sind Bank

Name of Bank Punjab & Sind Bank

Bank House, 4th Floor, 21 Rajendra Place, New

Address
Delhi – 110 008

No. of Offices 858

No. of Employees 8700

Business per Employee (in

655.58
Rs. Lakh)

Profit per Employee (in Rs.

5.03
Lakh)

Interest Income (in Rs.

3247
Crore)

Other Income (in Rs.

408
Crore)

Interest Expended (in Rs.

2235
Crore)

Operating Expenses (in Rs.

692
Crore)

Return on Assets 1.26

CRAR 14.35

Net NPA Ratio 0.32

Punjab National Bank

Name of Bank Punjab National Bank

7, Bhikaji Cama Place, Africa Avenue, New

Address
Delhi – 110 066

No. of Offices 4323

No. of Employees 54780

Business per Employee (in

654.92
Rs. Lakh)

Profit per Employee (in Rs.

5.64
Lakh)

Interest Income (in Rs.

19326
Crore)

Other Income (in Rs. Crore) 2920

Interest Expended (in Rs.

12295
Crore)

Operating Expenses (in Rs.

4206
Crore)

Return on Assets 1.39

CRAR 14.03

Net NPA Ratio 0.17

Syndicate Bank

Name of Bank Syndicate Bank

Address Post Box No. 1, Manipal – 576 119

No. of Offices 2246

No. of Employees 25068

 Business per Employee (in Rs. Lakh) 750.65

Profit per Employee (in Rs. Lakh) 3.64

Interest Income (in Rs. Crore) 9580

Other Income (in Rs. Crore) 860

Interest Expended (in Rs. Crore) 6978

Operating Expenses (in Rs. Crore) 1716

Return on Assets 0.81

CRAR 11.37

Net NPA Ratio 0.77

UCO Bank

Name of Bank UCO Bank

10, Biplabi Trailokya Maharaj Sarani, Kolkata

Address
– 700 001

No. of Offices 2058

No. of Employees 23736

Business per Employee (in

732.00
Rs. Lakh)

Profit per Employee (in Rs.

2.40
Lakh)

Interest Income (in Rs. Crore) 8121

Other Income (in Rs. Crore) 1020

Interest Expended (in Rs.

6477
Crore)

Operating Expenses (in Rs.

1463
Crore)

Return on Assets 0.59

 CRAR 18.41

Net NPA Ratio 1.18

Union Bank of India

Name of Bank Union Bank of India

Union Bank Building, Central Office, 239, Backbay

Address Reclamation, Post Box No. 93A, Nariman Point,
Mumbai – 400 021

No. of Offices 2569

No. of Employees 29014

Business per
Employee (in Rs. 694.00
Lakh)

Profit per
Employee (in Rs. 6.28
Lakh)

Interest Income (in

11889
Rs. Crore)

Other Income (in

1483
Rs. Crore)

Interest Expended
8076
(in Rs. Crore)

Operating
Expenses (in Rs. 2214
Crore)

Return on Assets 1.27

CRAR 12.01

Net NPA Ratio 0.34

United Bank of India

Name of Bank United Bank of India

16, Old Court House Street, Kolkata – 700

Address
001

No. of Offices 1445

No. of Employees 15111

Business per Employee (in Rs.

585.00
Lakh)

Profit per Employee (in Rs. Lakh) 1.22

Interest Income (in Rs. Crore) 4312

Other Income (in Rs. Crore) 491

Interest Expended (in Rs. Crore) 3150

Operating Expenses (in Rs.

975
Crore)

Return on Assets 0.34

CRAR 13.28

Net NPA Ratio 1.48

Vijaya Bank

Name of Bank Vijaya Bank

Janardhan Towers No. 2, Residency Road,

Address
Bangalore – 560 025

No. of Offices 1101

No. of Employees 11975

 Business per Employee (in
756.00
Rs. Lakh)

Profit per Employee (in Rs.

2.34
Lakh)

Interest Income (in Rs.

5238
Crore)

Other Income (in Rs. Crore) 699

Interest Expended (in Rs.

4113
Crore)

Operating Expenses (in Rs.

925
Crore)

Return on Assets 0.59

CRAR 13.15

Net NPA Ratio 0.82

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Home » Banks in India » Private Banks in India

Private Banks in India

Private banks in India are the banks which, like the public sector banks, don't have any government stake. The Indian
private banks may be listed publicly. Those can be traded on stock exchanges as well. Private sector banks in India
hold 18.2% of the total assets of Indian banking industry.

List of Private Banks in India

Here is a list of private banks in India :

• Bank of Rajasthan

• Bharat Overseas Bank (currently a part of Indian Overseas Bank)

• Catholic Syrian Bank

• City Union Bank

• Dhanalakshmi Bank

• Federal Bank

• ING Vysya Bank

• Jammu and Kashmir Bank

• Karnataka Bank

• Karur Vysya Bank

• Lakshmi Vilas Bank

• Lord Krishna Bank (currently a part of HDFC Bank)

• Nainital Bank (associate of Bank of Baroda)

• Ratnakar Bank

• Sangli Bank (currently a part of ICICI Bank)

• SBI Commercial and International Bank

 • South Indian Bank

• Tamilnad Mercantile Bank

• Axis Bank

• Centurion Bank of Punjab (currently a part of HDFC Bank)

• Development Credit Bank

• HDFC Bank

• ICICI Bank

• IndusInd Bank

• Kotak Mahindra Bank

• Yes Bank

Following are the details (as 2008-09) of some of the private banks in India. The figures given are in Rupees crore).

Axis Bank

Name of Bank Axis Bank

No. of Offices 786

No. of Employees 20624

Business per Employee (in Rs. Lakh) 1060.00

Profit per Employee (in Rs. Lakh) 10.02

Interest Income (in Rs. Crore) 10835

Other Income (in Rs. Crore) 2897

Interest Expended (in Rs. Crore) 7149

Operating Expenses (in Rs. Crore) 2858

Return on Assets 1.44

CRAR 13.69

Net NPA Ratio 0.40

Bank of Rajasthan

Name of Bank Bank of Rajasthan

No. of Offices 458

No. of Employees 4075

Business per Employee (in Rs. Lakh) 532.93

Profit per Employee (in Rs. Lakh) 2.89

Interest Income (in Rs. Crore) 1384

Other Income (in Rs. Crore) 124

Interest Expended (in Rs. Crore) 998

Operating Expenses (in Rs. Crore) 315

Return on Assets 0.74

CRAR 11.50

Net NPA Ratio 0.73

Catholic Syrian Bank

Name of Bank Catholic Syrian Bank

No. of Offices 360

No. of Employees 2676

Business per Employee (in Rs. Lakh) 374.00

Profit per Employee (in Rs. Lakh) 1.39

Interest Income (in Rs. Crore) 557

Other Income (in Rs. Crore) 100

Interest Expended (in Rs. Crore) 391

Operating Expenses (in Rs. Crore) 187

Return on Assets 0.57

CRAR 12.29
Net NPA Ratio 2.39

City Union Bank

Name of Bank City Union Bank

No. of Offices 209

No. of Employees 2452

Business per Employee (in Rs. Lakh) 565.18

Profit per Employee (in Rs. Lakh) 4.98

Interest Income (in Rs. Crore) 804

Other Income (in Rs. Crore) 124

Interest Expended (in Rs. Crore) 562

Operating Expenses (in Rs. Crore) 140

Return on Assets 1.50

CRAR 12.69

Net NPA Ratio 1.08

Development Credit Bank

Name of Bank Development Credit Bank

No. of Offices 81

No. of Employees 1942

Business per Employee (in Rs. Lakh) 379.00

Profit per Employee (in Rs. Lakh) -4.00

Interest Income (in Rs. Crore) 645

Other Income (in Rs. Crore) 120

Interest Expended (in Rs. Crore) 448

Operating Expenses (in Rs. Crore) 242

Return on Assets -1.25

CRAR 13.30

Net NPA Ratio 3.88

Dhanalakshmi Bank

Name of Bank Dhanalakshmi Bank

No. of Offices 181

No. of Employees 1402

Business per Employee (in Rs. Lakh) 585.88

Profit per Employee (in Rs. Lakh) 4.10

Interest Income (in Rs. Crore) 408

Other Income (in Rs. Crore) 79

Interest Expended (in Rs. Crore) 287

Operating Expenses (in Rs. Crore) 113

Return on Assets 1.21

CRAR 15.38

Net NPA Ratio 0.88

Federal Bank

Name of Bank Federal Bank

No. of Offices 611

No. of Employees 7570

Business per Employee (in Rs. Lakh) 750.00

Profit per Employee (in Rs. Lakh) 6.90

Interest Income (in Rs. Crore) 3315

Other Income (in Rs. Crore) 516

Interest Expended (in Rs. Crore) 2000

Operating Expenses (in Rs. Crore) 571

Return on Assets 1.48

CRAR 20.22

Net NPA Ratio 0.30

HDFC Bank

Name of Bank HDFC Bank

No. of Offices 1400

No. of Employees 52687

Business per Employee (in Rs. Lakh) 446.00

Profit per Employee (in Rs. Lakh) 4.18

Interest Income (in Rs. Crore) 16332

Other Income (in Rs. Crore) 3291

Interest Expended (in Rs. Crore) 8911

Operating Expenses (in Rs. Crore) 5533

Return on Assets 1.28

CRAR 15.69

Net NPA Ratio 0.63

ICICI Bank
Name of Bank ICICI Bank

No. of Offices 1408

No. of Employees 34596

Business per Employee (in Rs. Lakh) 1154.00

Profit per Employee (in Rs. Lakh) 11.00

Interest Income (in Rs. Crore) 31093

Other Income (in Rs. Crore) 7604

Interest Expended (in Rs. Crore) 22726

Operating Expenses (in Rs. Crore) 7045

Return on Assets 0.98

CRAR 13.96

Net NPA Ratio 2.09

IndusInd Bank

Name of Bank IndusInd Bank

No. of Offices 182

No. of Employees 4251

Business per Employee (in Rs. Lakh) 836.00

Profit per Employee (in Rs. Lakh) 3.49

Interest Income (in Rs. Crore) 2309

Other Income (in Rs. Crore) 456

Interest Expended (in Rs. Crore) 1850

Operating Expenses (in Rs. Crore) 547

Return on Assets 0.58

CRAR 12.33

Net NPA Ratio 1.14

ING Vysya Bank

Name of Bank ING Vysya Bank

No. of Offices 444

No. of Employees 6086

Business per Employee (in Rs. Lakh) 606.39

Profit per Employee (in Rs. Lakh) 3.03

Interest Income (in Rs. Crore) 2240

Other Income (in Rs. Crore) 548

Interest Expended (in Rs. Crore) 1590

Operating Expenses (in Rs. Crore) 772

Return on Assets 0.70

CRAR 11.65

Net NPA Ratio 1.23

Jammu & Kashmir Bank

Name of Bank Jammu & Kashmir Bank

No. of Offices 491

No. of Employees 7627

Business per Employee (in Rs. Lakh) 500.00

Profit per Employee (in Rs. Lakh) 5.00

Interest Income (in Rs. Crore) 2988

Other Income (in Rs. Crore) 245

Interest Expended (in Rs. Crore) 1988

Operating Expenses (in Rs. Crore) 471

Return on Assets 1.09

CRAR 14.48

Net NPA Ratio 1.38

Karnataka Bank

Name of Bank Karnataka Bank

No. of Offices 452

No. of Employees 4947

Business per Employee (in Rs. Lakh) 649.00

Profit per Employee (in Rs. Lakh) 5.00

Interest Income (in Rs. Crore) 1917

Other Income (in Rs. Crore) 353

Interest Expended (in Rs. Crore) 1444

Operating Expenses (in Rs. Crore) 347

Return on Assets 1.25

CRAR 24.08

Net NPA Ratio 0.98

Karur Vysya Bank

Name of Bank Karur Vysya Bank

No. of Offices 296

No. of Employees 3941

Business per Employee (in Rs. Lakh) 638.00

Profit per Employee (in Rs. Lakh) 5.98

Interest Income (in Rs. Crore) 1446

Other Income (in Rs. Crore) 265

Interest Expended (in Rs. Crore) 1036

Operating Expenses (in Rs. Crore) 258

Return on Assets 1.49

CRAR 14.92

Net NPA Ratio 0.25

Kotak Mahindra Bank

Name of Bank Kotak Mahindra Bank

No. of Offices 220

No. of Employees 8227

Business per Employee (in Rs. Lakh) 347.00

Profit per Employee (in Rs. Lakh) 3.00

Interest Income (in Rs. Crore) 3065

Other Income (in Rs. Crore) 358

Interest Expended (in Rs. Crore) 1547

Operating Expenses (in Rs. Crore) 1196

Return on Assets 1.03

CRAR 20.01

Net NPA Ratio 2.39

Lakshmi Vilas Bank

Name of Bank Lakshmi Vilas Bank

No. of Offices 247

No. of Employees 2433

Business per Employee (in Rs. Lakh) 510.00

Profit per Employee (in Rs. Lakh) 2.07

Interest Income (in Rs. Crore) 658

Other Income (in Rs. Crore) 107

Interest Expended (in Rs. Crore) 504

Operating Expenses (in Rs. Crore) 152

Return on Assets 0.71

CRAR 10.09

Net NPA Ratio 1.24

Nainital Bank

Name of Bank Nainital Bank

No. of Offices 92

No. of Employees 693

Business per Employee (in Rs. Lakh) 425.00

Profit per Employee (in Rs. Lakh) 6.00

Interest Income (in Rs. Crore) 209

Other Income (in Rs. Crore) 10

Interest Expended (in Rs. Crore) 116

Operating Expenses (in Rs. Crore) 39

Return on Assets 1.68

CRAR 13.10

Net NPA Ratio 0.00

Ratnakar Bank

Name of Bank Ratnakar Bank

No. of Offices 84

No. of Employees 566

Business per Employee (in Rs. Lakh) 373.00

Profit per Employee (in Rs. Lakh) 5.00

Interest Income (in Rs. Crore) 138

Other Income (in Rs. Crore) 16

Interest Expended (in Rs. Crore) 74

Operating Expenses (in Rs. Crore) 33

Return on Assets 1.96

CRAR 42.30

Net NPA Ratio 0.68

SBI Commercial & International Bank

Name of Bank SBI Commercial & International Bank

No. of Offices 2

No. of Employees 84

Business per Employee (in Rs. Lakh) 960.48

Profit per Employee (in Rs. Lakh) 13.17

Interest Income (in Rs. Crore) 54

Other Income (in Rs. Crore) 3

Interest Expended (in Rs. Crore) 36

Operating Expenses (in Rs. Crore) 10

Return on Assets 1.52

CRAR 21.24

Net NPA Ratio 0.00

South Indian Bank

Name of Bank South Indian Bank

No. of Offices 519

No. of Employees 4523

Business per Employee (in Rs. Lakh) 645.14

Profit per Employee (in Rs. Lakh) 4.31

Interest Income (in Rs. Crore) 1687

Other Income (in Rs. Crore) 164

Interest Expended (in Rs. Crore) 1164

Operating Expenses (in Rs. Crore) 328

Return on Assets 1.09

CRAR 14.76

Net NPA Ratio 1.13

Yes Bank
 Name of Bank Yes Bank

No. of Offices 118

No. of Employees 2671

Business per Employee (in Rs. Lakh) 988.36

Profit per Employee (in Rs. Lakh) 11.38

Interest Income (in Rs. Crore) 2003

Other Income (in Rs. Crore) 435

Interest Expended (in Rs. Crore) 1492

Operating Expenses (in Rs. Crore) 419

Return on Assets 1.60

CRAR 16.60

Net NPA Ratio 0.33

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Commercial Banks in India

Commercial Banks in India are broadly categorized into Scheduled Commercial Banks and Unscheduled Commercial
Banks. The Scheduled Commercial Banks have been listed under the Second Schedule of the Reserve Bank of India
Act, 1934. The selection measure for listing a bank under the Second Schedule was provided in section 42 (60 of the
Reserve Bank of India Act, 1934.

Activities of Commercial Banks

The modern Commercial Banks in India cater to the financial needs of different sectors. The main functions of the
commercial banks comprise:

• transfer of funds

• acceptance of deposits
 • offering those deposits as loans for the establishment of industries

• purchase of houses, equipments, capital investment purposes etc.

• The banks are allowed to act as trustees. On account of the knowledge of the financial market of India the
financial companies are attracted towards them to act as trustees to take the responsibility of the security for
the financial instrument like a debenture.

• The Indian Government presently hires the commercial banks for various purposes like tax collection and
refunds, payment of pensions etc.

List of Commercial Banks in India

SBI & Associates:

• State Bank of India

• State Bank of Bikaner & Jaipur

• State Bank of Hyderabad

• State Bank of Indore

• State Bank of Mysore

• State Bank of Patiala

• State Bank of Travancore

Nationalised Banks:

• Allahabad Bank

• Andhra Bank

• Bank of Baroda

• Bank of India

• Bank of Maharashtra

• Canara Bank

• Central Bank of India

• Corporation Bank

• Dena Bank

• IDBI Bank Ltd.

• Indian Bank

• Indian Overseas Bank

• Oriental Bank of Commerce

• Punjab & Sind Bank

• Punjab National Bank

• Syndicate Bank
 • UCO Bank

• Union Bank of India

• United Bank of India

• Vijaya Bank

Foreign Banks:

• ABN Amro Bank

• Abu Dhabi Commercial Bank

• American Express Banking Corporation

• Antwerp Diamond Bank

• AB Bank

• Bank International Indonesia

• Bank of America

• Bank of Bahrain & Kuwait

• Bank of Ceylon

• Bank of Nova Scotia

• Bank of Tokyo Mitsubishi UFJ

• Barclays Bank

• BNP Paribas

• Calyon Bank

• Chinatrust Commercial Bank

• Citibank

• DBS Bank

• Deutsche Bank

• Hongkong & Shanghai Banking Corporation

• JP Morgan Chase Bank

• JSC VTB Bank

• Krung Thai Bank

• Mashreq Bank

• Mizuho Corporate Bank

• Oman International Bank

• Shinhan Bank

• Societe Generale

• Sonali Bank

• Standard Chartered Bank

 • State Bank of Mauritius

• UBS AG

Other Scheduled Commercial Banks:

• Axis Bank

• Bank of Rajasthan

• Catholic Syrian Bank

• City Union Bank

• Development Credit Bank

• Dhanalakshmi Bank

• Federal Bank

• HDFC Bank

• ICICI Bank

• IndusInd Bank

• ING Vysya Bank

• Jammu & Kashmir Bank

• Karnataka Bank

• Karur Vysya Bank

• Kotak Mahindra Bank

• Lakshmi Vilas Bank

• Nainital Bank

• Ratnakar Bank

• SBI Commercial & International Bank

• South Indian Bank

• Tamilnad Mercantile Bank

• Yes Bank

Indian Banking Industry

The growth in the Indian Banking Industry has been more qualitative than quantitative and it is expected to remain the
same in the coming years. Based on the projections made in the "India Vision 2020" prepared by the Planning
Commission and the Draft 10th Plan, the report forecasts that the pace of expansion in the balance-sheets of banks
is likely to decelerate. The total assets of all scheduled commercial banks by end-March 2010 is estimated at Rs
40,90,000 crores. That will comprise about 65 per cent of GDP at current market prices as compared to 67 per cent in
2002-03. Bank assets are expected to grow at an annual composite rate of 13.4 per cent during the rest of the
decade as against the growth rate of 16.7 per cent that existed between 1994-95 and 2002-03. It is expected that
there will be large additions to the capital base and reserves on the liability side.

The Indian Banking Industry can be categorized into non-scheduled banks and scheduled banks. Scheduled
banks constitute of commercial banks and co-operative banks. There are about 67,000 branches of Scheduled
banks spread across India. As far as the present scenario is concerned the Banking Industry in India is going through
a transitional phase.

The Public Sector Banks(PSBs), which are the base of the Banking sector in India account for more than 78 per cent
of the total banking industry assets. Unfortunately they are burdened with excessive Non Performing assets (NPAs),
massive manpower and lack of modern technology. On the other hand the Private Sector Banks are making
tremendous progress. They are leaders in Internet banking, mobile banking, phone banking, ATMs. As far as foreign
banks are concerned they are likely to succeed in the Indian Banking Industry.

In the Indian Banking Industry some of the Private Sector Banks operating are IDBI Bank, ING Vyasa Bank, SBI
Commercial and International Bank Ltd, Bank of Rajasthan Ltd. and banks from the Public Sector include Punjab
National bank, Vijaya Bank, UCO Bank, Oriental Bank, Allahabad Bank among others. ANZ Grindlays Bank, ABN-
AMRO Bank, American Express Bank Ltd, Citibank are some of the foreign banks operating in the Indian Banking
Industry.

The ' Indian Manufacturing' sector has the potential to elevate much of the Indian population above poverty by
shifting the majority of the workforce out of low-wage agriculture.

Manufacturing sector is the backbone of any economy. It fuels growth, productivity, employment, and strengthens
agriculture and service sectors. Astronomical growth in worldwide distribution systems and IT, coupled with opening
of trade barriers, has led to stupendous growth of global manufacturing networks, designed to take advantage of low-
waged yet efficient work force of India. 'Indian Manufacturing' sector is broadly divided into -

• Capital Goods & Engineering.

• Chemicals, Petroleum, Chemicals & Fertilizers.

• Packaging.

• Consumer non-Durables.

• Electronics , IT Hardware & peripherals.

• Gems & Jewelery.

 • Leather & Leather Products.

• Mining.

• Steel & non-Ferrous Metals.

• Textiles & Apparels.

• Water Equipment.

Indian Manufacturing Industry is successfully competing in the global marketplace and registering high growth on
YoY basis, but large sections of ' Indian manufacturing' sector still suffers from bottlenecks like -

• zzUse of primitive technology or under utilization of technology.

• Poor infrastructure.

• Over staffed operations.

• Expensive financing and bureaucracy.

Further, 'Indian Manufacturing' sector must focus on areas like improving the urban infrastructure, ensuring fair
competition and access to markets, reduction of import duties, quality improvements in vocational and higher
education, increased investment in R&D and support of SMEs. Government leaders, experts, and researchers
focusing towards making Indian manufacturing globally competitive and to have a sustained growth, which
contributes significantly to GDP growth, employment generation and overall economic development. It also aims to
identify factors hampering industrial growth and seeks to redress these factors.

GDP's share of 'Manufacturing Industry in India'has grown from 25.38% in 1991 to 27% in 2004. Its contribution to
exports has increased from 52% in 1970 to 59% in 1980 and 71% in 1990, 77% in 2000-01. Manufacturing exports
accounted for a little over 5% of the value of output of the manufacturing sector in 1990. It is now close to 10%.
India's currently exports manufactured products worth about $50 billion. A recent study on 'Scenario of Indian
Manufacturing Industry' has forecast an annual growth of 17% and to cross the $300 billion mark by 2015. Most of
this off-shoring business would be in the auto components, pharmaceutical, apparel, specialty chemicals, electrical
and electronic equipment sectors.

110.01 million connections ' Indian Telecom Industry' is the fifth largest and fastest growing in the world. The
subscriber base has grown by 40% in 2005 and is expected to reach 250 million in 2007.

Over the last 3 years, two out of every three new telephone connections were wireless. Consequently,
wireless now accounts for 54.6% of the total telephone subscriber base, as compared to only 40% in 2003. Wireless
subscriber growth is expected to grow at 2.5 million new subscribers every month in 2007. The wireless subscriber
base skyrocketed from 33.69 million in 2004 to 62.57 million in FY 2004 -2005. The wireless technologies currently in
use ' Indian Telecom Industry ' are Global System for Mobile Communications (GSM) and Code Division Multiple
Access (CDMA). There are primarily 9 GSM and 5 CDMA operators providing mobile services in 19
telecommunication circles and 4 metro cities, covering more than 2000 towns across the country. And the numbers
are still growing for ' Indian Telecom Industry '. ' Telecom Industry in India ' is regulated by 'Telecom Regulatory
Authority of India' (TRAI). It has earned good reputation for transparency and competence. Three types of players
exists in ' Telecom Industry India ' community -

• State owned companies like - BSNL and MTNL.

 • Private Indian owned companies like - Reliance Infocomm and Tata Teleservices.

• Foreign invested companies like - Hutchison-Essar, Bharti Tele-Ventures, Escotel, Idea Cellular, BPL
Mobile, Spice Communications etc.

The ' Indian Telecom Industry ' services is not confined to basic telephone but it also extends to internet, broadband
(both wireless and fixed), cable TV, SMS, IPTV, soft switches etc. The bottlenecks for ' Indian Telecom Industry '
are:

• Slow reform process.

• Low penetration. Service providers bears huge initial cost to make inroads and achieving break-even is
difficult.

• Huge initial investments.

• Limited spectrum availability and interconnection charges between the private and state operators.

The Government Broadband Policy 2004, aims at 9 million broadband connections and 18 million internet
connections in 2007. ' Indian Telecom Industry ' is currently expected to contribute nearly 1% to India's GDP which
is heartening and estimated to grow further and brighten the ' Scenario of Indian Telecom Industry

Top 10 Investment Companies in India

India is being ranked as fifth biggest economy in the world and is considered as one of the preferred hubs for
investment prospects among foreign investors, due to its diversity of industries and increasingly expanding financial
system.

Top 10 Investment Companies in India attract foreign direct investment through tie ups with financial firms,
investment markets, technical partnerships and favored allocations. The Indian investment market is renowned for its
massive workforce and diverse sectors that generates better opportunities for both expansion and earning
competence.

List of Top 10 Investment Companies in India

1. Bajaj Allianz Collaboration between Bajaj Finserv and Allianz SE, Bajaj Allianz Life Insurance Co. Ltd. is
India's internationally renowned asset management company, administering wealth worth over a trillion.
Offering life, general and travel insurance in more than 70 nations, the firm is recognized as the fastest
expanding insurance consultants in the world.

The various customized services offered by Bajaj Allianz are insurance and investment solutions assisted by
advanced technology and management. Some of the investment policies and products proffered by the firm
are: Unit Linked Plans, Pension Plans, Traditional Plans, Women Insurance Plans, Health Plans, Group
Plans, Micro Insurance, etc.

Contact Details
Bajaj Allianz Life Insurance Co. Ltd.
GE Plaza, Airport Road
Yerawada, Pune - 411006
Website: www.bajajallianzlife.co.in
2. HSBC Asset Management India Pvt Ltd
Outstanding investment solutions along with an excellent track record have made HSBC Global Asset
Management Pvt ltd one of the leading fund management institutions in the world. The company has assets
worth USD381.4 billion under its supervision across the globe and offices in around 20 nations. It offers an
all inclusive range of investment management services such as Mutual Fund and Portfolio Management to
its varied patrons and is dedicated to executing steady endowment performance along with world class
products for all kinds of investors.

Contact Details
52/60, M.G.Road, Fort
Mumbai - 400001
Maharastra
Phone No: 022 - 66668819

3. SMC Investment Solution and Services

India's recognized fiscal service provider, SMC Investment Solution and Services is an incorporated firm
offering investment solutions across India. In the recent past, the group has been successful in expanding its
business operation in international location. At present it has more than 1500 branches spread across 350
Indian cities.

Contact Details
16, 2nd Floor,
Sivasakthi Complex,
S N High Road
Tirunelveli - 627001
Tamil Nadu
India
Phone No: 0462 - 9442550893

4. Shah Financial Group

Shah Financial Group was initiated in the year 2004 and is currently involved in distribution trade of
individual business, finance and home finance through several financial institutions, banks, FOREX,
SENSEX, Debentures buying and selling, Exim, NRI investment, external business loans, etc. The group
also offers fiscal, tax relief and finance enhancement facilities to its corporate and non-corporate clients.

Contact Details
380 Sec 21,
Block D
Faridabad,
Haryana - 121001
Website: http://www.shahgroupindia.com

5. Stanrose Mafatlal Investment and Finance Ltd

The chief activity of Stanrose Mafatlal Investments & Finance Limited is to offer investment supervision
facilities to its varied clients. It functions through its subordinate Stanrose Mafatlal Lubechem Limited in the
capital market and is involved in inter-corporate endowments, fund market operations and financing.
Contact Details
Popular House, 6th Floor,
 Opp Swastik Super Market,
Ashram Road
Ahmedabad - 380009
Gujarat
Phone No: 079 - 26581887

6. Tata Investment Corporation Ltd.

Endorsed by Tata Sons, Tata Investment Corporation Limited (TICL) was established to help the
sponsorship of new firms and schemes besides indulging in investment activities. In collaboration with Tata
Sons, TICL endorsed Tata Mutual Fund and became the chief shareholder of Tata Securities. The firm is
now involved in the allocation of mutual funds and other endowment linked securities. A non-banking
financial company (NBFC), TICL is certified with the RBI under the category of 'Investment Firm'.

Contact Details
#Ewart House, 22,
Homi Mody Street Fort, Mumbai,
Maharastra-400001
Phone: +91-22-56658282

7. Toss Financial Services Pvt. Ltd.

A certified associate of National Stock Exchange, Toss Financial Services Pvt Ltd is the recognized Stock
broking and Investment Management consultation firm in India. The firm offer consultation services in the
financial sector with prominence on Indian Stock Market that entails the registered reserves, equities, mutual
funds, securities and private equity allocations.

Contact Details
44 Bank Street,
Khatau Building,
1st Floor, Fort,
Mumbai - 400001

8. Veronica Financial Services Ltd

Veronica Financial Services Ltd. is an integrated investment firm that has emerged as an active player with
considerable endowments in the equity capital markets. The firm is involved in locating and investing in firms
facing fiscal crunch, assisting the firm in growing financially strong and eventually making it money spinning.
Assisted by professionals, the firm manages the sick company and keeps a strict vigilance on its day to day
functions until it attains profitability stage.

Contact Details
28, Great Western Building, 1st floor,
130, Shahid Bhagat Singh Marg,
Opp. Lion Gate,
Fort, Mumbai - 400 023
Tel.: 91-22-22818202 / 03

9. Indian Investment Centre

Indian Investment Centre is a certified group operating under the managerial control of Ministry of Finance.
The firm endorses NRI investment as well as foreign private investment and is a nodal society for
 endowments by non-residents and PIOs (Persons of Indian Origin). IIC offers assistance and data on Indian
Government's investment schemes, methods, accessibility of infrastructural services, inducements,
investment prospects and extends associated with consultation services.

Contact Details
Department of Economic Affairs,
Ministry of Finance,
Jeevan Vihar,
Parliament Street,
New Delhi - 110 001

10. J.M. Capital Management Private Ltd

J.M. Capital Management Private Ltd (JMCM) manages capital for both organizational and individual
investors present in India as well as abroad. The firm has one of the biggest distribution channels with each
symbolizing a large segment of retail customers with endowment excess and concentrates on quality survey
of the market with prominence investment alternatives.

Investment Industry
What is Investment?
Investment is referred to as the concept of deferred consumption, which might comprise of purchasing an asset,
rendering a loan, keeping the saved funds in a bank account such that it might generate lucrative returns in the
future. The options of investments are huge; all of them having different risk-reward trade off. This concludes that the
investment industry is really broad and that is why understanding the core concepts of investments and accordingly
analyzing them is essential. After thorough understanding of the investment industry, can an investor create and
manage his own investment portfolio such that the returns are maximized with the least risk exposure.

Types of Investments in the investment industry

As stated earlier, the investment industry is huge; therefore the types of investments are also varied. Different types
of investments are: Cash investments: Cash investments comprise of savings bank accounts, certificates of deposit
(CDs) and treasury bills (TBs). All these types of investments render a low interest rate and prove to be quite risky
during times of inflation.

Debt securities: This type of investment gives returns in the form of fixed periodic payments and the fixed capital
appreciate at maturity. This is safe bait for the investors in the investment industry and has always proved to be the
risk free investment tool. Though, it is generally low in risks, the returns are also lower than the other peer securities.
Stocks: Investors can also buy stocks (equities) from the secondary markets and be a part of any business
corporates that are listed in the bourses. By this way, one can become the part of the profits that the company
generates. But one should remember that stocks are generally more volatile and carries more risk than bonds.

Mutual funds: They are usually a collection of stocks and bonds that a fund manager selects for an investor such
that the returns are maximum. The investor does not have to track the investment, be it a bond, stock- or index-based
mutual funds.

Derivatives: Derivatives are financial contracts, whose value is derived from the value of the underlying assets like
equities, commodities and bonds. They can take the form of futures, options and swaps. Investors choose derivatives
as they are used to minimize the risk of loss that result from variations in the underlying asset values.

Commodities: The items that are traded on the commodities market are agricultural and industrial commodities and
they need to be standardized. Commodities trading have always been giving high returns and thus they are the
riskiest of all investment options. One, who trades in commodities, requires specialized knowledge and analytical
capabilities.

Real estate: Investing in real estate has to be a long term affair. Funds get hooked into the real estate sector for a
considerable time period.

The investment industry in India - how is it going? India's equity market has doubled since March 2009, with ADRs
like Dr. Reddy's Laboratories and Tata Motors only getting doubled and tripled. So, do we say that the Indian
investment industry is overheated at the moment or may we infer that the stocks are fairly valued?

Warren Buffett has always mentioned that investment in India should always be a long-term story - as the industry
has been growing from an emerging market to a developed one. The next 10 years in India will surely give good
returns.

India's GDP growth would be around 6.5% to 7% in 2010. The sustainable growth rate of India would however hover
around 7%. Before becoming a mature economy, India has another 20 to 40 years to spare.

Where to invest in India?

The financial sector in India, specifically the banking stocks have been doing well now. The health of the Indian banks
seems to be strong and a lot of growth is expected in the organic frontier. The IT stocks too have been faring well and
that is why it is advisable that the investors invest in stocks of quality companies that have a good earnings track
record. The other choice of stocks has been the consumer goods stocks, auto stocks, agriculture-related stocks.
Some of the favorite scrips that investors can look forward to are Infosys Technologies, HDFC Bank, ICICI Bank.

Challenges of Indian Investment industry

The investing story in India has not been always that smooth. Pitfalls are sure to co-exist. The main restraint on
India's growth now happens to be its infrastructure. On the other hand, infrastructure is India's biggest opportunity as
well. The fiscal deficit of India also poses a big threat to the investment industry in India. For an emerging economy
like India, it is recommended that an investor always balances the unique risks against the potential for high long-
term growth. Accordingly the decision for investment should be made.
Of late, the Indian economy is turning out to be extremely conducive in terms of domestic and foreign investments.
India Investments has been the major propelling force towards India's attainment of self-sustained growth by way of
rapid industrialization. The pioneers of the investment industry has been Foreign Direct Investment (FDI) and
Investments made by NRIs.

Foreign Direct Investments in India has been gearing up momentum every passing day. So, to view an economy
which is entirely open to the global markets, the investment industry in India should be groomed in a manner that the
maximum returns are achieved. It is advisable that the investment industry's potential should neither be
overestimated nor underestimated. We should know how to deal with the complexities of the investment industry and
grow along with it.

India Stock and Investment

The India stock and investment market is mainly divided into 2 parts, namely the capital market and the money
market. The stock market is an important part of the capital market in the country through which one can carry out the
transaction of capital. It is usually done through the means of direct financing through the use of security and
investment. The investment market can further be sub divided into the primary and secondary market.

Features of the Primary market

In case of the primary market, the listed shares are traded for the first time which is transferred to the investors from
the listed company. In case of the primary market, the stock issuers and the listed companies make use of the capital
by offering the stocks to the investors. The investors, in turn, buy the shares and supply the needed capital. In simple
terms, the primary market is a type of platform where new securities and stocks are dealt with.

The primary market can be an ideal source of funding for various business enterprises and companies, public sector
units and government organizations. All these organizations can make the funding by selling new bonds, stocks and
other forms of securities. The buying and selling of the securities are done through dealers. The processes through
which the new securities are sold to the investors are referred to as underwriting. On the other hand, if any new stock
is issued to the investor, it is known as initial public offering (IPO). In most cases, the dealers who carry out the
process get a sum of money in the form of a commission. The terms and conditions of the commission are based on
the price offering of the securities.

Features of secondary market

An important part of the India stock and investment market is the secondary market. In simple terms, it is also known
as the stock market. Mainly it is a type of continuous market which offers a very good platform for trading and
business of securities and stocks. In most cases, the trading is done through a licensed broker, stock and securities
units, security firms and other financial institutions. The trading has to be done according to the terms and conditions
that are set by the specific stock exchanges.

There are two main stock exchanges in India which operate the bulk of the share and security trading. They are:
Bombay Stock Exchange:
The Bombay Stock Exchange (BSE), also known as the Stock Exchange, Mumbai is the oldest stock exchange in
Asia and is credited with the operation of the most number of listed companies in the world. Incepted in the year
1875, it has a listing of more than 4,700 companies. It is located in the Dalal Street area of the city of Mumbai, the
financial capital of India.

The BSE is owned by the Bombay Stock Exchange Limited and has a market cap amount of around US$ 1.1 trillion
while the volume of the stock exchange is around US$ 980 billion. The currency type which is dealt in the BSE is
Indian National Rupees (INR). The index on which the stock exchange operates is the BSE SENSEX, also referred to
as the SENSitive indEX. The index is popularly known as BSE 30.

To cater to the customers, the Bombay Stock Exchange offers a number of facilities and services. They are:

• BSE Investor Services

• BSE On-line Trading (BOLT) process

• On-Line Surveillance System (BOSS)

• BSEWEBX.com, BSE online trading site

• BSE Training Institute for various certification programs

The BSE has also been awarded a number of prestigious awards for its service towards the economy of India. They
are:

• The ICAI financial reporting award

• The Asia - Pacific HRM employer branding awards

• The Golden Peacock Global Corporate Social Responsibility (CSR) Award

National Stock Exchange:

The National Stock Exchange of India, also referred to as NSE is also located in Mumbai. It is the largest exchange in
India in term of the number of trades and the daily turnover. The capitalization amount of NSE amounts to around Rs
47, 01,923 crore. According to the economic experts, it is expected to become the largest stock by the end of the
year 2009. The key index of the NSE is known as S&P CNX Nifty and is based on INR. The NSE has around 2799
VSAT terminals which coved around 1500 cities.

Top 10 Investment Companies in India

India is being ranked as fifth biggest economy in the world and is considered as one of the preferred hubs for
investment prospects among foreign investors, due to its diversity of industries and increasingly expanding financial
system.

Top 10 Investment Companies in India attract foreign direct investment through tie ups with financial firms,
investment markets, technical partnerships and favored allocations. The Indian investment market is renowned for its
massive workforce and diverse sectors that generates better opportunities for both expansion and earning
competence.

List of Top 10 Investment Companies in India

1. Bajaj Allianz Collaboration between Bajaj Finserv and Allianz SE, Bajaj Allianz Life Insurance Co. Ltd. is
India's internationally renowned asset management company, administering wealth worth over a trillion.
Offering life, general and travel insurance in more than 70 nations, the firm is recognized as the fastest
expanding insurance consultants in the world.

The various customized services offered by Bajaj Allianz are insurance and investment solutions assisted by
advanced technology and management. Some of the investment policies and products proffered by the firm
are: Unit Linked Plans, Pension Plans, Traditional Plans, Women Insurance Plans, Health Plans, Group
Plans, Micro Insurance, etc.

Contact Details
Bajaj Allianz Life Insurance Co. Ltd.
GE Plaza, Airport Road
Yerawada, Pune - 411006
Website: www.bajajallianzlife.co.in

2. HSBC Asset Management India Pvt Ltd

Outstanding investment solutions along with an excellent track record have made HSBC Global Asset
Management Pvt ltd one of the leading fund management institutions in the world. The company has assets
worth USD381.4 billion under its supervision across the globe and offices in around 20 nations. It offers an
all inclusive range of investment management services such as Mutual Fund and Portfolio Management to
its varied patrons and is dedicated to executing steady endowment performance along with world class
products for all kinds of investors.

Contact Details
52/60, M.G.Road, Fort
Mumbai - 400001
Maharastra
Phone No: 022 - 66668819

3. SMC Investment Solution and Services

India's recognized fiscal service provider, SMC Investment Solution and Services is an incorporated firm
offering investment solutions across India. In the recent past, the group has been successful in expanding its
business operation in international location. At present it has more than 1500 branches spread across 350
Indian cities.

Contact Details
16, 2nd Floor,
Sivasakthi Complex,
S N High Road
Tirunelveli - 627001
Tamil Nadu
 India
Phone No: 0462 - 9442550893

4. Shah Financial Group

Shah Financial Group was initiated in the year 2004 and is currently involved in distribution trade of
individual business, finance and home finance through several financial institutions, banks, FOREX,
SENSEX, Debentures buying and selling, Exim, NRI investment, external business loans, etc. The group
also offers fiscal, tax relief and finance enhancement facilities to its corporate and non-corporate clients.

Contact Details
380 Sec 21,
Block D
Faridabad,
Haryana - 121001
Website: http://www.shahgroupindia.com

5. Stanrose Mafatlal Investment and Finance Ltd

The chief activity of Stanrose Mafatlal Investments & Finance Limited is to offer investment supervision
facilities to its varied clients. It functions through its subordinate Stanrose Mafatlal Lubechem Limited in the
capital market and is involved in inter-corporate endowments, fund market operations and financing.
Contact Details
Popular House, 6th Floor,
Opp Swastik Super Market,
Ashram Road
Ahmedabad - 380009
Gujarat
Phone No: 079 - 26581887

6. Tata Investment Corporation Ltd.

Endorsed by Tata Sons, Tata Investment Corporation Limited (TICL) was established to help the
sponsorship of new firms and schemes besides indulging in investment activities. In collaboration with Tata
Sons, TICL endorsed Tata Mutual Fund and became the chief shareholder of Tata Securities. The firm is
now involved in the allocation of mutual funds and other endowment linked securities. A non-banking
financial company (NBFC), TICL is certified with the RBI under the category of 'Investment Firm'.

Contact Details
#Ewart House, 22,
Homi Mody Street Fort, Mumbai,
Maharastra-400001
Phone: +91-22-56658282

7. Toss Financial Services Pvt. Ltd.

A certified associate of National Stock Exchange, Toss Financial Services Pvt Ltd is the recognized Stock
broking and Investment Management consultation firm in India. The firm offer consultation services in the
financial sector with prominence on Indian Stock Market that entails the registered reserves, equities, mutual
funds, securities and private equity allocations.

Contact Details
 44 Bank Street,
Khatau Building,
1st Floor, Fort,
Mumbai - 400001

8. Veronica Financial Services Ltd

Veronica Financial Services Ltd. is an integrated investment firm that has emerged as an active player with
considerable endowments in the equity capital markets. The firm is involved in locating and investing in firms
facing fiscal crunch, assisting the firm in growing financially strong and eventually making it money spinning.
Assisted by professionals, the firm manages the sick company and keeps a strict vigilance on its day to day
functions until it attains profitability stage.

Contact Details
28, Great Western Building, 1st floor,
130, Shahid Bhagat Singh Marg,
Opp. Lion Gate,
Fort, Mumbai - 400 023
Tel.: 91-22-22818202 / 03

9. Indian Investment Centre

Indian Investment Centre is a certified group operating under the managerial control of Ministry of Finance.
The firm endorses NRI investment as well as foreign private investment and is a nodal society for
endowments by non-residents and PIOs (Persons of Indian Origin). IIC offers assistance and data on Indian
Government's investment schemes, methods, accessibility of infrastructural services, inducements,
investment prospects and extends associated with consultation services.

Contact Details
Department of Economic Affairs,
Ministry of Finance,
Jeevan Vihar,
Parliament Street,
New Delhi - 110 001

10. J.M. Capital Management Private Ltd

J.M. Capital Management Private Ltd (JMCM) manages capital for both organizational and individual
investors present in India as well as abroad. The firm has one of the biggest distribution channels with each
symbolizing a large segment of retail customers with endowment excess and concentrates on quality survey
of the market with prominence investment alternatives.

Contact Details
5th Floor, A Wing, Laxmi Tower,
Bandra-Kurla Complex, Mumbai,
Maharastra-400051
Consumer Durables Industry
Introduction

Before the liberalization of the Indian economy, only a few companies like
Kelvinator, Godrej, Allwyn, and Voltas were the major players in the consumer
durables market, accounting for no less than 90% of the market. Then, after the
liberalization, foreign players like LG, Sony, Samsung, Whirlpool, Daewoo, Aiwa
came into the picture. Today, these players control the major share of the
consumer durables market.

Consumer durables market is expected to grow at 10-15% in 2007-2008. It is

growing very fast because of rise in living standards, easy access to consumer
finance, and wide range of choice, as many foreign players are entering in the
market.

On the flip side, the presence of a large number of players in the consumer durables
market sometimes results in excess supply.

Overview
With the increase in income levels, easy availability of finance, increase in
consumer awareness, and introduction of new models, the demand for consumer
durables has increased significantly. Products like washing machines, air
conditioners, microwave ovens, color televisions (CTVs) are no longer considered
luxury items. However, there are still very few players in categories like vacuum
cleaners, and dishwashers.

Consumer durables sector is characterized by the emergence of MNCs, exchange

offers, discounts, and intense competition. The market share of MNCs in consumer
durables sector is 65%. MNC's major target is the growing middle class of India.
MNCs offer superior technology to the

consumers, whereas the Indian companies compete on the basis of firm grasp of
the local market, their well-acknowledged brands, and hold over wide distribution
network. However, the penetration level of the consumer durables is still low in
India. An important factor behind low penetration is poor government spending on
infrastructure. For example, the government spending is very less on electrification
programs in rural areas. This factor discourages the consumer durables companies
to market their products in rural areas.

-Introduction
-Sector Outlook
 -SWOT Analysis
-Classification

Some Facts
1. Bargaining power of suppliers in consumer durables sector is limited due to
threat of imports and intense competition.
2. Some of the entry barriers in consumer durables sector are distribution network,
capital, and ability to hire purchases.
3. Demand is seasonal and cyclical.
4. Competition among players is on the basis of difference in prices and well-
acknowledged brands.

Consumer durables are the products whose life expectancy is at least 3 years. These products are
hard goods that cannot be used up at once.

The consumer durables sector can be segmented into consumer electronics, such as, VCD/DVD,
home theatre, music players, color televisions (CTVs), etc. and white goods, such as, dish
washers, air conditioners, water heaters, washing machines, refrigerators, etc.

here has been strong competition between the major MNCs like Samsung, LG, and Sony.

LG Electronics India Ltd. has announced its extension plan in 2006. The company is going to
invest $250 million in India by 2011 and is planning to establish a manufacturing facility in
Pune.

TCL Corporation is also planning to establish a $22 million manufacturing facility in India.

The Indian companies like Videocon Industries and Onida are also planning to expand. Videocon
has acquired Electrolux brand in India. Also, with the acquisition of Thomson Displays by
Videocon in Poland, China, and Mexico, the company is marking its international presence.
According to isuppli Corporation (Applied Market Intelligence), country's fiscal policy has
encouraged Indian consumer electronic industry. The reduction on import duty in the year 2005-
06 has benefited many companies, such as Samsung, LG, and Sony. These companies import
their premium end products from manufacturing facilities that are located outside India.

Indian consumers are now replacing their existing appliances with frost-free refrigerators, split
air conditioners, fully automatic washing machines, and color televisions (CTVs), which are
boosting the sales in these categories.

Some companies like Samsung Electronics Co. Ltd. and LG Electronics India Ltd. are now
focusing on rural areas also. These companies are introducing gift schemes and providing easy
finance to capture the consumer base in rural areas.
Sector Financials In Rs
31/03/2002 31/03/2003 31/03/2004

Sales 37,331m 30,100m 43,096m

Sales Growth - -19.4% 43.2%

Gross Profit Margin 10.7% 6.6% 4.3%

Profit After Tax (PAT) 1,019m 940m -1,202m

PAT Growth - -4.3% -209.5%

Market Capitalization 1,787m 2,392m 2,359m

P/E Ratio 7.0 7.6 -7.9

Return on Capital Employed

13.9% 23.1% 6.9%
(ROCE)

Growth in 2005-06
Consumer Durables Growth

Air Conditioner 20-25%

Refrigerator 5-10%

Microwave Ovens 25%

Washing Machines 5-10%

Color Televisions (CTVs) 15-20%

Black & White Televisions -20%

Clock 10%

Watch 10%

VCDs 30%

Consumer Electronics (Overall) 9%

Swot Analysis
Strengths

1. Presence of established distribution networks in both urban and rural areas

2. Presence of well-known brands
3. In recent years, organized sector has increased its share in the market vis a vis
the unorganized sector.

Weaknesses

1. Demand is seasonal and is high during festive season

2. Demand is dependent on good monsoons
3. Poor government spending on infrastructure
4. Low purchasing power of consumers

Opportunities

1. In India, the penetration level of white goods is lower as compared to other

developing countries.
2. Unexploited rural market
3. Rapid urbanization
4. Increase in income levels, i.e. increase in purchasing power of consumers
5. Easy availability of finance

Threats

1. Higher import duties on raw materials imposed in the Budget 2007-08

2. Cheap imports from Singapore, China and other Asian countries

Classification of Consumer Durables Sector

Consumer durables Sector can be classified as follows:

1. Consumer Electronics includes VCD/DVD, home theatre, music players, color

televisions (CTVs), cameras, camcorders, portable audio, Hi-Fi, etc.
2. White Goods include dishwashers, air conditioners, water heaters, washing
machines, refrigerators, vacuum cleaners, kitchen appliances, non-kitchen
appliances, microwaves, built-in appliances, tumble dryer, personal care products,
etc.
3. Moulded Luggage includes plastics.
4. Clocks and Watches
5. Mobile Phones

Scope
In terms of Purchasing Power Parity (PPP), India is the 4th largest economy in the
world and is expected to overtake Japan in the near future to become the 3rd
largest. Indian consumer goods market is expected to reach $400 billion by 2010.
India has the youngest population amongst the major countries. There are a lot of
young people in India in different income categories. Nearly two- thirds of its
population is below the age of 35, and nearly 50 % is below 25. There are 56 million
people in middle class, who are earning US$ 4,400- US$ 21,800 a year. And there
are 6 million rich households in India. The upper-middle and high-income
households in urban areas are expected to grow to 38.2 million in 2007 as against
14.6 million in 2000.

-Current Scenario
-Future Scenario

Rural sector offers huge scope for consumer durables industry, as it accounts for
70% of the Indian population. Rural areas have the penetration level of only 2% and
0.5% for refrigerators and washing machines respectively. The urban market and
the rural market are growing at the annual rates of 7%-10%and 25% respectively.
The rural market is growing faster than the urban market. The urban market has
now largely become a product replacement market.

The bottom line is that Indian market is changing rapidly and is showing
unprecedented business opportunity.

Future Scenario
With easy availability of finance, emergence of double-income families, fall in prices
due to increased competition, government support, growth of media, availability of
disposable incomes, improvements in technology, reduction in customs duty, rise in
temperatures, growth in consumer base of rural sector, the consumer durables
industry is growing at a fast pace. Given these factors, a good growth is projected in
the future, too.
The penetration level of consumer durables is very low in India, as compared with
other countries. This translates into vast unrealized potential.

For example, in case of color televisions (CTVs), the penetration level of various
countries is:

India 24%

Brazil 11%

China 98%

US 333%

France 235%

Japan 250%

List of Companies
Some of the companies in consumer durables sector are:

1. AIWA
2. Akai India
3. BenQ Corporation
4. Blue Star Ltd.
5. Bose Corporation
6. BPL
7. Canon India
8. Carrier Aircon Ltd.
9. Daewoo India
10. Electrolux-Kelvinator
11. Godrej
12. Haier India
13. Hitachi Ltd.
14. Khaitan India Ltd.
15. LG Electronics India Ltd.
16. MIRC Electronics Ltd.
17. Mitsubishi Electronic Corporation
18. Nokia India
19. Onida
20. Pace Micro Technology
21. Panasonic
22. Philips India
23. Samsung India
24. Samtel
25. Sansui India
26. Siemens
27. Sony India
28. Thomson Ltd.
29. Titan Industries
30. Toshiba Corporation
31. Videocon Industries
32. Whirlpool Appliances

Career in Consumer Durables Sector

The consumer durables sector is characterized by high competition- especially from
international brands- because of which most organizations are innovating product
marketing strategies through organizational change and process re-engineering.
This has resulted in increased demand for skills at various levels. As the need for
innovative products rises, the need for talented candidates also rises. The sector
requires people who are technically competent and get along well with the
company's specific requirements.

Qualifications

Skills & Traits

There are 3 major career paths in the consumer durables industry:

 Research & Development, such as, Scientific and Laboratory Work

 Commercial, such as, Marketing and Sales

 Operational, such as, IT, Manufacturing, Logistics/ Supply Chain Management

(SCM), Finance, International Business

Major recruiters in consumer durables sector are:

 Panasonic
 Godrej
 Samsung Electronics

 Canon India

Qualifications

Educational Qualifications Required

Some of the preferred educational qualifications in consumer durables sector are:

• MBA with specialization (Marketing, Finance, International Business, Human

Resource, Operations)
• B.E./B.Tech/M.Tech (IT, Mechanical, Manufacturing, Electrical, Material)
• Lawyers
• Public Relations
• Chartered Accountants
• Economists
• R&D/Design Professionals
• Scientific Researchers/ PhDs
kills

Skills and Attributes Required

Strategic Skills Core Skills

1. Marketing mix, i.e. segmenting, targeting,

positioning (STP)
2. Marketing planning
Marketing
3. Market research
4. Understanding of consumer buying behavior
5. Market assessment

1. Relationship building
2. Knowledge acquisition and implementation
Custom Relationship
3. Direct marketing
Management (CRM)
4. Database management
5. Communication/Collaboration

Sales Skills 1. Persuasion

 2. Negotiation

R&D 1. Design

1. Controlling
Supply Chain 2. Designing
Management (SCM) 3. Planning
and 4. Monitoring
Project Management 5. Implementation

1. Software application
2. E-business
IT
3. Automated equipment
4. Server applications

1. Concept creation
Industrial Design
2. Concept development

1. Kan ban (a signaling system)

Process Improvement 2. Process re-engineering
3. Six sigma

1. Trade marks
2. Patenting
IP Protection
3. Copyright
4. Patent law

1. Creating knowledge
2. Storing knowledge
Knowledge
3. Capturing knowledge
Management
4. Implementing knowledge
5. Disseminating knowledge