Are they India’s top 5 brands?
India's largest dairy co-operative, Amul
is eyeing a big leap with Rs 10, 000 crore turnover next fiscal. Then there are
other Indian brands such as Bharat Electronics, Mahindra Group, Bharti Airtel
and Dabur who have established themselves as frontrunners across the sectors.
Some of them are fast emerging as the face of India Inc in markets across the
world. A quick glance at the top five brands of India to look out for in 2010.
These are the names who are either likely to hit Rs 10,000 crore turnover in
the near future or they have already surpassed this figure in terms of sales.
Constituted in 1946, the home-grown Amul, has made a big contribution in making India the world's largest milk and milk products producer.
"In the current financial year, Amul is expecting a turnover of over Rs 8,000 crore and with the kind of growth we are witnessing, Amul would cross the turnover of more than Rs 10,000 crore in the next fiscal," Gujarat Cooperative Milk Marketing Federation (GCMMF) Managing Director B M Vyas told PTI.
BEL: The missile maker
The Bangalore-based Bharat Electronics Ltd (BEL), with Navratna status conferred by the government, is chasing a turnover target of Rs 10, 000 crore by 2012. BEL is the only company that has business presence across the Indian defence system. To achieve the target, BEL plans to utilise facilities available in its nine factories across the countries and avoid making huge investments.
Mahindra: Skyward bound
Meanwhile, the Mahindra Group's initiative to build aircraft is creating ripples in the business world. By doing this, Mahindra Group has become the first private conglomerate to step in to aircraft manufacturing sector. With sales of Rs 29, 358 crore, the Group recently bought two Australian aerospace firms, Aerostaff Australia and Gippsland Aeronautics."As a result of this acquisition, we now have an opportunity to play in the offset space," Mahindra Systech President Hemant Luthra told a leading business daily.
Bharti Airtel: Posting 17% growth
From the telecom sector, Bharti Airtel, India's largest telecom operator with more than 110 million users and an approximate annual turnover of Rs 55, 998 crore. Bharti Airtel is already present in all the 22 licensed jurisdictions in India and in Sri Lanka. Last month, it made an appearance in Bangladesh with $30 crore initial investment proposal to buy a 70 per cent stake in Bangladesh's mobile company Warid.
Dabur: 125 years and going strong
From FMCG sector, Dabur has come a long way since its establishment as a ayurvedic company back in 1884. Today, with an annual turnover of Rs 2800 crore and market capitalisation over Rs 10, 000 crore, it has become one of the leading FMCG companies of the country. Dabur is eyeing a Rs 4,000-5,000 crore turnover by 2009-10.
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