Leading export companies in India
Export companies play a crucial role in India’s economy, contributing significantly to the nation’s growth. As these companies export various goods and services, connecting India with the global market, they need storage facilities and warehouses to store their products before shipping them abroad. This demand for industrial spaces has led to the development of logistics parks and warehouses in and around cities, thereby impacting the real estate landscape. Hence, these companies not only drive international trade and economic growth but also leave a lasting impact on the real estate market in cities. Explore this dynamic space in India through this list of top export companies in India.
See also: 7 top freight companies in India
Business landscape in India
The business landscape in India encompasses a wide range of industries, from technology and manufacturing to agriculture and services. The country is known for its entrepreneurial spirit, with a thriving startup culture that has gained global recognition. India offers a vast consumer market, making it a preferred destination for businesses looking to expand their footprint.
Top export companies in India
Reliance Industries
Industry: Chemical, Petroleum, Oil, Gas, Refineries, Garment, Textile
Sub Industry: Industrial Chemical, Plastics, Rubber, Resins, Polymers, Yarn, Fibre, Thread, Textile, Accessories, Readymade Garments, Exploration, Production, Storage, Distribution, Marketing
Company Type: India’s Top 500
Location: Mumbai / Maharashtra – 400038
Founding Year: 1958
Reliance Industries was founded in 1958 by Dhirubhai Ambani as a small commodities trading firm primarily dealing in spices and polyester yarn. The company’s businesses encompass hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail, and telecommunications, with notable segments including oil to chemicals (o2c), oil & gas, retail, digital services, financial services, and others.
Rajesh Exports
Industry: Exporters, Importers, Gems, Jewellery, Watches
Sub Industry: Exporters, Importers, Commodity Traders, Gems, Jewellery
Company Type: Industry Top
Location: Bangalore / Bengaluru / Karnataka – 560001
Founding Year: 1989
Rajesh Exports was established in 1989 and is globally recognised as a leader in the gold industry. The company has a strong worldwide presence. REL covers the entire gold value chain, from refining to retailing, making it the only company in the world with such comprehensive capabilities. It processes a remarkable 35% of the world’s gold production and stands as the largest exporter of gold products from India.
Tata Motors
Industry: Automobile, Auto Ancillaries, Electric Vehicle & Dealers
Sub Industry: Automobiles
Company Type: India’s Top 500
Location: Mumbai / Maharashtra – 400001
Founding Year: 1961
Tata Motors, with a global presence, stands out as one of the few companies offering an extensive range of vehicles to consumers worldwide. Since 1961, the company has been expanding its international reach through exports. Tata Motors holds a strong position across various categories in the passenger vehicle segment and exports vehicles to countries like Nepal, Bhutan, Bangladesh and Sri Lanka.
Bharat Petroleum
Industry: Petroleum, Oil, Gas, Refineries
Sub Industry: Exploration, Production, Storage, Distribution, Marketing
Company Type: India’s Top 500
Location: Mumbai / Maharashtra – 400001
Founding Year: 1928
Bharat Petroleum Corp is an integrated oil and gas company engaged in the production of oil and natural gas, crude oil refining, and the marketing and distribution of petroleum products. Additionally, BPCL supplies fuel to both domestic and international airlines. It has been ranked 242nd in the Fortune Global 500 list of the world’s largest corporations for the year 2014.
Sun Pharma Industries
Industry: Pharmaceuticals, Labs
Sub Industry: Pharmaceuticals
Company Type: India’s Top 500
Location: Mumbai / Maharashtra – 400063
Founding Year: 1983
Sun Pharmaceutical Industries (Sun Pharma) is a speciality pharmaceutical company that specialises in a wide range of pharmaceutical formulations, including branded generics and generic pharmaceuticals. The company’s diverse portfolio encompasses products for the treatment of various medical conditions, such as psychiatric, neurological, nephrological, gastroenterological, orthopaedic, ophthalmologic and cardiovascular diseases. Sun Pharma is involved in product development, process chemistry and the manufacturing of complex formulations, active pharmaceutical ingredients (APIs), and over-the-counter products.
Jindal Industries
Industry: Iron & Steel
Sub Industry: Iron & Steel
Company Type: India’s 501-1000
Location: Hisar / Haryana – 125005
Founding Year: 1952
The B.C. Jindal Group, a prominent Indian business conglomerate, has a rich history dating back to its establishment in 1952. It initially started as a manufacturer of steel pipes and pipe fittings. Over the years, the group expanded into various industries, including concentric diversification of packaging films, power generation, cold rolled steel strips, galvanised sheets, etc. The company has a global presence with sales offices in numerous countries worldwide.
Bajaj International
Industry: Engineering
Sub Industry: Machineries, Instruments
Company Type: SMEs
Location: Mumbai/ Maharashtra 400 021
Founding Year: 1941
Bajaj International, incorporated in 1941, is a private company registered. Originally established as a Sole Proprietorship firm in 1980, Bajaj International has grown to become a prominent manufacturer of products such as Bicycle Chains and Bicycle Free Wheels. Furthermore, Bajaj International specialises in supplying and trading various products, including Bulbs, tubes, and luminaries.
Oil and Natural Gas Corporation (ONGC)
Industry: Petroleum, Oil, Gas, Refineries
Sub Industry: Exploration, Production, Storage, Distribution, Marketing
Company Type: India’s Top 500
Location: New Delhi / Delhi – 110070
Founding Year: 1956
Oil and Natural Gas Corp (ONGC) is an integrated energy company headquartered in New Delhi, India. It operates across the entire energy sector, including the exploration, production, refining and marketing of oil and gas. ONGC is also involved in petrochemical manufacturing, power generation and renewable energy initiatives. Additionally, it conducts international operations through its subsidiary, ONGC Videsh (OVL), with a presence in various regions worldwide, such as Latin America, the Middle East, Africa, Asia-Pacific and Europe.
Commercial real estate demand in India
Office space: India’s growing economy has led to increased demand for office spaces in major cities such as Mumbai, Delhi, Bangalore and Hyderabad. Many domestic and international companies are setting up or expanding their operations, driving the need for office space.
Rental property: Rental properties, including office spaces and retail units, are in demand. Startups and businesses often prefer renting spaces rather than investing in property, creating a thriving rental market.
The demand for commercial real estate has a significant impact on property prices and rentals. In prime business districts, rental rates can be high due to the competitive demand. Additionally, real estate development contributes to job creation and economic growth.
Impact of export companies in India
Export companies in India contribute by earning foreign exchange, generating employment, and fostering industrial development. These companies help expand India’s global trade footprint, making it a competitive player in the international market. The revenue generated from exports strengthens India’s overall economic stability and development. Additionally, the presence of export-oriented industries can drive demand for commercial real estate, logistics, and transportation services.
FAQs
Which company is the largest exporter in India?
Reliance Industries is the largest exporter of India, exporting oil and gas.
What are the five major exports from India?
The major export goods of India are petroleum products, gems and jewellery. automobiles and equipment, pharmaceutical products and electronic goods.
What is an export company?
An export company is a business that sells goods or services produced in one country to customers or businesses located in other countries. Its primary focus is on international trade.
How do I start an export business?
Starting an export business involves several key steps: Market Research and Business Plan; Legal Requirements; Product Selection; Supply Chain; Financing; Marketing; Build Relationships; Start Small and Adapt and Learn.
What is the cost of an export licence?
The cost of obtaining an import-export licence (IEC code) in India typically includes a professional fee, with agents charging around Rs 2000 to Rs 4000 on average.
Can we export without a licence?
No, an Importer-Exporter Code (IEC) is a crucial requirement for both importing and exporting from India. This unique business identification number is essential, and unless specifically exempted, no individual or entity can engage in import or export activities without obtaining an IEC.
What is the economic impact of exports?
Exports generate revenue, create jobs, stimulate industries and improve the overall balance of trade. This boost in economic activity can lead to increased investments, higher income levels and a stronger economy.
What is an example of an export economy?
An export economy involves sending goods and services, such as cars, clothes, machinery, software or banking services, to other countries. Government regulations may limit exports, especially if a product is needed within the country to control local supply and prices.
Which state is the largest exporter in India?
Gujarat is the largest exporter in India.
Which is the largest oil exporter company in India?
Oil and Natural Gas Corporation (ONGC) is the largest oil exporter company in India.
Got any questions or point of view on our article? We would love to hear from you. Write to our Editor-in-Chief Jhumur Ghosh at jhumur.ghosh1@housing.com