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What are the top 10 most profitable businesses in India?

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What are the top 10 most profitable businesses in India?

asked Oct 21, 2016 in Business Opportunity by updatedreviews IBO Master (5,220 points)

1 Answer

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GOOD question, Neha!

What is considered the best business ideas in India may not be profitable small business ideas in UK.

However...

When looking for business ideas, you need to keep your mind open. Otherwise, certain opportunities may just be passing you by.

The biggest financial services and banking organization of India, the State Bank of India, started off when three Presidency banks – Bank of Bengal, Bank of Madras, and Bank of Bombay – were joined on January 27, 1921 and became the Imperial Bank of India. At present, the bank has more than 13 thousand outlets and owns approximately 370 billion US dollars. It also has 150 branches outside India.

After it was founded on August 14, 1956 the ONGC has played a major role in making the upstream sector of India an attractive investment proposition. The organization performs a significant role in India as well as several international territories.

Top Indian Companies

  • Reliance Industries
  • Canara Bank
  • ICICI Bank
  • ITC India
  • Indian Oil
  • Power Grid Corporation
  • NTPC
  • Bharat Petroleum
  • Tata Steel
  • Power Finance Corporation
  • Bharti Airtel
  • Jindal Steel & Power
  • Steel Authority of India
  • Union Bank of India
  • Larsen & Toubro
  • Indian Bank
  • HDFC Bank
  • Hindustan Petroleum
  • Punjab National Bank
  • Mahindra & Mahindra
  • BHEL
  • NHPC India
  • TCS
  • Indian Overseas Bank
  • Reliance Communications
  • Grasim Industries India
  • Infosys
  • Sun Pharma
  • Wipro
  • Rural Electrification
  • Axis Bank
  • Tata Power
  • Bank of Baroda
  • Hero Honda Motors
  • Bank of India
  • Syndicate Bank
  • DLF
  • IDBI Bank
  • Tata Motors
  • Oriental Bank of Commerce
  • NMDC India
  • HCL Technologies
  • Gail (India)
  • Central Bank of India
  • Hindalco
  • National Aluminum India
  • Corporation Bank
  • Allahabad Bank
  • UCO Bank
  • Adani Enterprises
  • ACC

Now that you now know these facts, it becomes important that you sit and check yourself to see if you would still want to go ahead with setting up your business in India. This is not to say that India isn’t a favorable place for business. As a matter of fact, you can make loads of returns of investment in India.

answered Oct 21, 2016 by ebest IBO Specialist (77,100 points)

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