Top 10 FMCG Companies of India 2017
Top 10 FMCG Companies of India 2017
Top 10 FMCG Companies of India 2017
Hindustan Unilever is placed at first position in the list of top 10 FMCG companies of India.
Company was started in 1932 and has head office in Mumbai. It is owned by Unilever because
Unilever has 67% share of HUL. Company has huge distribution network and cover 2 million
retail outlets in PAN India. More than 16,000 employees are associated with the company and
working with a mission to produce quality Foods, beverages, cleaning agents and personal care
products at economical cost.
Colgate-Palmolive is placed at second position in the list. It is a New York based company that
has global presence including India. It has huge distribution network and sold its products in
PAN India. Company was started in 1806 and has glorious history of over 200 years. More than
37000 employees across the globe are associated with the company. It always works on
providing best working environment and all the policies are focus towards employee welfare.
Corporate Office New York, USA | Turnover 17.08 Billion Dollar | Employees 37000+ |
Business Personal Care | Sector Private Sector
ITC Limited is an Indian FMCG company that has head office in Kolkata. It was started in 1910
and ahs more than 100 years of experience in FMCG industry. Company works across five
different verticals that include Fast Moving Consumer Goods (FMCG), Hotels, Paperboards &
Packaging, Agri Business & Information Technology. Company has more than 25000 employees
that works from 60 locations in PAN India. ITC is the top producer of cigarette brands include
W.D. & H.O. Wills, Gold Flake Kings, Gold Flake Premium,Gold Flake Super Star, Navy Cut,
Insignia, India Kings, Classic
Corporate Office Kolkata, WB | Turnover 7.0 Billion Dollar |Employees 29000+ | Business
Tobacco, Hotels and Personal care |Sector Private Sector
Nestle is placed at fourth position in the list of top 10 FMCG companies of India. It has head
office in Switzerland and has global presence. In India Company has huge distribution network
and sell its products in almost all the places in India. Company product line includes Food, dairy
products and Coffee that has huge demand in India. Company is listed in stock market and has
been known for providing best quality products. For employees, Company has amazing working
environment and due to this reason more than 320000 employees are associated with the
company.
Parle Agro is a leading Indian FMCG brand that has head office in Mumbai. It was started in
1984 and has been in the industry from last 28 years. Company sells cold drinks under brand
name Frooti, Appy, LMN, Hippo and Bailey. It is listed in stock market and has annual turnover
of 1 billion dollar. It is good company to started career in FMCG industry because company has
excellent working environment, employees friendly policies and conduct training for employee
development.
Britannia Industries Limited is placed at sixth position in the list of top 10 FMCG companies
of India. It has head office in Kolkata and manufacture products that includes Bakery products,
including biscuits, bread, cakes and rusk, and dairy products(milk, butter, cheese, ghee and dahi).
Company has huge distribution networks and supply products in all the states of India. It is the
part of eminent Wadia Group of companies and was started in 1892.
Corporate Office Kolkata, WB | Turnover 730 Million Dollar |Employees 2000+ | Business
Food items and dairy Products |Sector Private Sector
Marico Limited is a Mumbai based FMCG company that has annual turnover of 850 million
dollars. It is listed in stock market and manufactures Oil and personal Care products. More than
1000 employees are associated with the company that works to manufacture best quality
products in economical price. It has presence in more that 25 countries the globe and sells
products under brand name Parachute Advansed, Saffola, Hair & Care, Nihar, Mediker, Revive,
Manjal, Setwet, Zatak.
Godrej Group is the leading FMCG Company of India that has head office in Mumbai. It
manufactures Personal care using modern technology ion affordable prices. Over 25000
employees are associated with the company and working with a aim to produce quality products.
Company has huge distribution network in PAN India.
Amul is the last one in the list of top 10 FMCG companies. It is a Gujarat based dairy food
product manufacturing company that has thousand of Outlets in PAN India. It was started in
1946 and has more the 50 years of experience in milk food production. Company has huge
distribution network with over 50 sales offices, 5000 wholesale dealers and more than 700000
retailers.
Corporate Office Anand, Gujrat | Turnover 2.15 Billion Dollar |Employees 700+ | Business
Dairy Products |Sector Cooperative
REI Agro Limited is largest basmati rice manufacturing company and has huge production units
in Bawal, Haryana. Company has head office in Kolkata and has been selling products in all the
parts of India. It was started in 1996 and has been listed in Bombay, National, London and
Singapore Stock Exchange. REI Agro Limited is ISO 9001:2000 certified and has been following
quality guidelines in product manufacturing. Company uses state-of-the-art technology to
increase productivity and decrease costing of products.
KRBL Limited is another well known Basmati rice manufacturing company that wqas started in
1889 and has more than 100 years of experience in rice manufacturing. Because of excellent
work company has received following awards that includes largest exporter of Basmati rice at
APEDA Award,Consumer World Awards by MERA BRAND. Company has several
manufacturing units that are equipped with innovative technology and modern facilities.
Kohinoor Foods started its journey in FMCG industry in 1989 and within 25 years selling
products in 60 countries. Company manufactures wide range of products that includes Basmati
Rice, Wheat Flour, Ready to Eat Curries & Meals, Simmer Sauces and sell all the products under
the brand name of Kohinoor'. It is HACCP and ISO 9001:2000 certified and follow quality
guidelines in product development.
Usher Agro Ltd is a well known FMCG products manufacturing company that mainly deals in
rice production. Company was started in 1996 and has excellent production units with world
class facilities. Company has huge distribution network and has been using innovative
technology to reduce production cost. Besides rice company also produce wheat and pulses.
Company has setup its first production unit in Mathura that has a capacity of 10,800 in the year
1996. In 2003 Usha Agra has set up its second production unit of 46,800 MTA and after three
years in 2006 company has launched IPO of INR 180 Million and listed in Bombay stock
exchange. In the same year(2006) company has setup production unit in Mathura taht has
capacity of 75,000 MTPA.In 2008 company has set up Biomass Power Plant at Mathura with a
capacity of 1 MW capacity.
LT Foods was started in 1980 and has been production Organic Foods, Grain Storage, Staple
Foods etc. Company has huge network and selling products in 50 countries across the globe
including USA, UK, Germany etc. Company has more than 900 employees and has annual sales
of more than 1200 crore. Company is ISO 22000-2005 certified, ISO 14000 certification and
follow quality in product development. LT Foods is listed in Bombay and National stock market.
ADF Foods Ltd
ADF Foods started its journey in the year 1930. Today they are the leading Indian brand of
frozen foods, salted & sweet pickles, chutneys, Pizza & Pasta sauces, Ready to cook foods,
frozen snacks, ponks, tandoori food, ethnic parathans in 52 countries around the world. Their
brands Ashoka, Soul, PJs, Nates, Camel, Aeroplane and Truly Indian are serving Indian food to
world with its worldwide network of 180+ distributors.
Website: http://www.adf-foods.com/
ANS Limited
ANS Foods was established in the year 1994. Headquartered in New-Delhi, they have their
manufacturing unit located at NH-1, Karnal. Their factory has capacity of producing 8000 tonnes
per annum of products. They offer wide variety of frozen fruits and vegetables such as Papaya,
potato, mushrooms, sweet corns, Beans, Peas, Cauliflower etc. All of their products are
hygienically packed and maintained quality from pre-planting to its delivery.
Website: http://ansfoods.com/
Amar Remedies
The company is leading manufacturer personal hygiene products in India. Established in the year
1984, they manufacture toothpaste, tooth brush, Shampoo, Hair gel, Soaps and Baby Shampoo,
talc, lotions and creams. Their products are comparatively low cost than other big FMCG brands
and are widely sold in semi urban and rural areas. Headquartered in Mumbai, their products are
also exported to 20 countries around the world.
Website: http://www.indiamart.com/amar-remedies-ltd/
Bikanerwala
Founded in the year 1950 by two Bikaner based Halwais in Delhi, the company manufactures
sweets, namkeens and other traditional mouth watering delicacies. They sell their products under
various brands such as Bikano, Bikanerwala and Angan. They have global presence with 55
retail outlets in India and other countries, namely Nepal, UAE, Britain, Singapore and New-
Zealand.
Website: http://www.amritcorp.com/
Modern Dairies - The smart, unparalleled proactive approach of Modern Dairies Limited in
manufacturing of milk and milk products has made it a globally renowned name. This ISO:
9001-2000 certified company from HACCP (Food Safety) was established in 1992 with its main
office being located at the centre of milk rich belt of Chandigarh, Karnal. A fully integrated plant
facilitated with ultra modern machineries, a highly incompetent team of managers and workers
and the profuse supply of milk from the nearby areas had made smooth running of Modern
Dairies Limited till date. The company specializes in production of milk powders, butter, cheese,
ghee, pasteurized liquid milk, dairy whitener, milk protein fractions, casein, WPC and lactose
and markets its product not only in India but worldwide. The firm maintains a 3 tier process of
pre-process, in-process and post-process controls to achieve a zero defect in the production of its
each and every milk items. Modern Dairies Limited is in business with some of world fame
brands namely, Domino's Pizza, Nestle India, Coca Cola, Britannia, Mother Dairies and HUL.
GlaxoSmith Con - It is counted among the premier global science led global healthcare service
provider that has a mission to assist people feel better, do more and live longer. There are so
many people all around not been able to have access to even basic healthcare needs and
amenities and facing everyday from different diseases and the company wants to change the
same. Being renowned as a world class and famous business service provider, it is been into
research, development and manufacture of innovative vaccines, pharmaceutical medicines and
consumer healthcare products of top notch quality. The company is highly committed and
dedicated to widen its access of products so that more number of people can advantage from the
same irrespective of the fact whether they can pay for the same or not along with where they live
around the world. As a leading global healthcare firm, it takes on some of the biggest healthcare
challenges and assures to render a sustainable business to everyone. Providing sustainable
business to everyone, it renders health advantages to consumers and patients, along with
supporting society. Known all around as the well acknowledged and popular FMCG company, it
has not only presence across the country but also all around the world. The entire business of the
company is based around the delivery of three major and prime priorities aiming to lower down
risk, increase growth and improvise its long term financial performance and efficiency.
Patanjali - Being an acknowledged and one of the leading Indian FMCG based firms, it has been
headquartered in Haridwar and its registered office is been in Delhi, India. Manufacturing and
distributing mineral as well as herbal based products, along with India it has its manufacturing
and supply units across Nepal as well. As per renowned group HSBC and CLSA, it is one of the
fastest and quickly growing FMCG company of the country. Valued at approximate Rs 3000
Crore, the profit that comes from its products and services goes to charity. Founded by Baba
Ramdev in year 2006, it has a single motto and objective of establishing science of Ayurveda and
spread its word and positives all around and coordinating with the modern technology along with
traditional wisdom. The company has plans to further expand its units and plants all around the
nation. In year 2017, Patanjali food and herbal park has been given complete security cover of
about 35 armed CISF commandos where the park is been renowned and known as the biggest
eighth private institution of the country guarded and secured as per CISF paramilitary forces.
Manufacturing and providing a large range of personal care and food products, in total it
manufactures around 444 products involving 30 kinds of food based products and 45 kinds of
cosmetic products. Due to lesser marketing costs and production costs, its products are available
at cheaper prices as compared to other alternatives available in the market. Being also dealing in
providing baby and beauty based products; its Ayurvedic manufacturing division has more than
300 medicines for curing a wide range of body conditions and ailments from chronic and
complex paralysis to even common cold situations.
Haldiram's - It is one of the acknowledged and famous Indian snacks and sweets manufacturer
having its offices spread all across the country. Based in Nagpur, India, it has a wide range of
restaurants and retail chain stores in Delhi, Nagpur and Kolkata. The products of the company
are exported to diverse countries all across the world involving Thailand, United States, United
Kingdom, Sri Lanka, Australia, Canada, New Zealand, United Arab Emirates and others.
Established in year 1937, the first manufacturing plant of the company is been based in Kolkata,
India. In year 2003, it started the process of creating convenience foods to be promoted and
marketed to users all around. Ranked at 55th position among the country's most reliable and
trustable brands as per Brand Trust Report, most of the retail outlets of the company are been
based across North India.
Nirma - Renowned as one of the esteemed and famous FMCG firms, it is an Indian based brand
that is the perfect example of the success and growth of Indian entrepreneurship in this fierce and
stiff competitive era. Started and began its services in year 1969, as of now it is a big reputed
firm and is been equipped with more than 18,000 employees with an annual turnover of about Rs
7000 Crore. A reputed and well acknowledged name in India and is known for manufacturing
and providing a large range of products including cosmetics, salt, detergents, soaps, LAB,
injectables and soda ash. Serving from more than three decades, it has been well equipped with
multi-locational manufacturing facilities and is actually been successful in carving a niche and
name for itself in the market specifically covering the toilet soap market and lower end of the
detergents. Later, to cover and gain reputation in the upper middle class market areas, it
introduced toilet soaps for the premium segments of the society. Dr. Karsanbhai Patel is the man
behind the foundation of this company and the world reckoned his capabilities, expertise,
wisdom and acumen in diverse capacities. He also served Government of India development
council for two terms soaps and detergents, being considered as a well known member of Bureau
of Indian Standards Committee for soaps and detergents industries and also as the President of
Gujarat Detergent Manufacturers Association. Being a respectable customer focused and driven
company, it is dedicated and focused to proffer constantly high quality products as well as
services that could optimize value to the users. A perfect company believing in providing
products that are true value for money, the mission of the brand remains always to sustain effort
and innovation, a never ending attempt to render high value to customers through premier and
top product quality. Adding to this, the client centric philosophy is been emphasized through
maintaining efficient quality management system, consistently discovering and devising new
products, procedures, paying focus on cost efficiency and performance, adhering to social, safety
and environmental obligations, giving training to all involved on consistent manner, teamwork,
and exemplifying belongingness and great behaviour towards company.
Haldiram - Reckoned as a leading and widely popular Indian based sweets as well as snacks
manufacturer, it is one of the best FMCG companies having recognition all around. Having its
manufacturing plants based across Kolkata, New Delhi, Nagpur and Bikaner, it has its restaurant
chains spread all around the country. In fact, the products are so much popular and preferred that
they are exported to overseas including Canada, United States, United Kingdom, Sri Lanka,
United Arab Emirates, Japan, New Zealand, Australia, Thailand and others. Set up in year 1937,
the first manufacturing plant of the company is been based at Kolkata. Reputed and known as
one of the famous FMCG firms of the country, the company has a product portfolio covering
more than 100 products. The vast range of products include ice cream, frozen meals, sweets,
crackers, cookies, savouries, chips and many other snacks. Also been providing wide variety of
dairy based products and fruit flavoured beverages, since year 2010, it has been dealing in
offering ready to eat food product range. Been popular for offering all kinds of traditional sweets
and Indian food items, the products are marketed at varied retail stores and shop fronts including
confectionary stores, bakery outlets and commercial portals and websites. As compared to other
firms, the rates of the food items and snacks are pretty decent. The company is renowned as very
much traditional in terms of promotions and advertisements, and employs advanced technology
and processes. Right from the procurement to the finished products, every phase is adhered and
strictly comply the norms of international HACCP of safety and quality. Assuring freshness,
uniqueness and rich flavour of their food products, the company depicts that it makes snacks and
other products tasty and healthy using hi-tech machinery and insures that the packaging is done
not only in an attractive way but also as per the international standards of hygiene and
cleanliness. In year 2003, the company is been awarded as the number 1 brand in accord to
Indias Most Trusted Brand in the category of ready to eat snack food category and segment.
7121.4
Rei Agro
5
3553.9
Nestle
3
2326.8
KRBL
5
GlaxoSmith 1679.9
Con 3
Lakshmi
1517.4
Energy
1389.1
Kwality
9
Kohinoor 1288.2
Foods 3
1087.8
Usher Agro
4
1076.1
LT Foods
7
Britannia 845.96
Sita Shree
202.98
Food
Vikas
200.96
Granaries
Milkfood 103.25
KGN
84.04
Enterprises
KLRF 76.38
RT Exports 45.47
Ravalgaon
39.46
Sugar
Mavens
19.11
Biotech
Lotus
14.68
Chocolate
Vaghani
8.22
Techno
Gold Coin
2.72
Healt
Silver Oak
1
Comm
Beeyu
0.89
Overseas
Agro Dutch -
Ind 189.79
Nestle 67357.95
Britannia 27578.74
GlaxoSmith
26495.41
Con
KRBL 4377.08
Kwality 947.1
LT Foods 331.2
KGN
130.09
Enterprises
Milkfood 118.01
KLRF 27.29
Ravalgaon
23.21
Sugar
TandI Global 8
RT Exports 4.04
Silver Oak
1.19
Comm
Britannia 6307.39
Kwality 4578.05
KRBL 2791.31
LT Foods 1798.73
Milkfood 430.63
KLRF 247.73
Umang Dairies 216.38
TandI Global 67
RT Exports 4.97
Beeyu Overseas 0
Pidilite Industries Since it started its operations in year 1959, the company has been a reputed
and reckoned leader dealing in consumer and specialties chemicals all across the country. More
than half of the companys sales and revenue been generated from the products and offering it
has been introduced in India. The most popular and wide array of products of the company cover
adhesives and sealants, paint chemicals, construction materials, art materials, automotive
chemicals, industrial adhesives, organic pigments, textile and industrial resins, and preparations.
In fact, most of the products and services been manufactured and goes through stringent in-house
R&D and quality check. With a turnover of around 4103 Crores for last fiscal, it is actually the
ruler and undisputed leader dealing in the manufacturing of sealants and adhesives, hobby
colours, construction chemicals, and polymer emulsions to be used all across the country. The
product Fevicol is one of the widely used and preferable items and made it one of the trustable
and reckoned brands. Over the time, it has been making efforts and attempts to expand at global
level through acquisitions and setting up sales offices and manufacturing facilities in important
areas all across the globe. In fact, Fevicol is the biggest selling adhesive brand known and
popular all over Asia. Moreover, the company believes that where they have reached is because
of the hard work and dedication of employees and people and its shared value system that is
highly focused on maintaining relationships with the clients, dedication to excel and expand,
along with the high spirit of innovation.
Emami It is a leading and well acknowledged Indian manufacturer of fast moving consumer
goods and products engaged extensively in the healthcare and personal care line of businesses.
Being headquartered in Kolkata, India, the firm is renowned and famous for its fairness products
and creams used on a large scale all across the country. The companys health line of products
provides tonics to cure cold and cough problems along with many nutraceuticals. The brand also
made an entry into mens deodorant segment and unveiled a wide range of HE brand of
deodorants. Founded in the early 70s, the group is an evolving one and a leader that made its
presence in several sections including FMCG, hospital, real estate, pharmacy chain, newsprint
manufacturing, edible oil, contemporary art, and biodiesel. At present, it is considered as one of
the most reliable and trustable brand all over the country with a group turnover of more than Rs
10k Crore and backed with an expert panel of employees and staff. Believing in making people
healthy, safe and beautiful, it has a motive to lend its contribution towards the society as well as
environment and drive growth through outstanding quality and innovation in products and
solutions. Adding to this, it keeps on strengthening the employees bond, their feeling of oneness
within the firm through great dedication and commitment to their future. Moreover, the brand
focuses on becoming a part of every household all over the nation and become a leading player
in whichever venture they made an entry to.
Zydus Wellness Keeping and considering putting health at the topmost priority, it is a
respectable and trusted firm known all across the country. Highly reckoned and renowned in
respective categories, the company has set a milestone in the industry and offered innovative and
profitable solutions assisted to enrich the lives of thousands and hundreds of people worldwide
and head on always and consistently in the look for better, efficient and more avant-garde
services. Believing in bringing wellness to your life, the company creates and nurtures new
experiences by their offerings and services that refreshes and energies their life and lead it
through innovation. The world around each of us is changing at a drastic scale and so is lifestyle
and living standards. The company blends the best of cosmeceuticals, healthcare and nutrition to
proffer a large range of ideal wellness products that could enrich and liven up the life of people.
The products range covers Nutralite, Sugar Free, Actilife and Everyuth that helps in nurturing
and nourishing your life along with making it better and healthier for you.
Beeyu Overseas - It is been acknowledged and known as one of the leading FMCG firms of the
country. Started its operations in year 1993, it is running operations in the business of tea
plantation. As per the reports, the first public issue was aroused in year 2000 and the next public
issue came in 2005. The tea gardens of the company are been situated at Ooty based in Tamil
Nadu, India. In year 2008-09, it came out of tea business and is been looking for another vertical
and business line. The new management and professionals have been exploring varied
opportunities and are quite optimistic that they will begin new line of business very soon. The
company's philosophy is the utter belief in its meaningful policy on corporate governance that
render freedom and confidence to the management driving and heading the organization forward
without any obstacle and alongside devise a framework running on efficient accountability
within which the management is to be decisive and take care of the responsibility meeting
expectations of the society and stakeholders aspirations in mind. The core principles and values
make the corporate governance philosophy including everything from accountability,
transparency, control and ethical corporate citizenship, empowerment and more. In all, it has
been compiled as per the corporate governance.
Century Prot - It is one of the reckoned and well known food processing companies known all
around the country. Situated at Karkhana, Secunderabad Telangana, this food processing
company is definitely a yes and recommended one. In food processing process, raw ingredients
are transformed by chemical or physical means into food in different forms. Adding to this, it has
been listed on the exchange list on Bombay Stock Exchange.
Saptarishi Agro - It is another renowned and one of the well known FMCG companies of the
country. Engaged extensively and primitively in the production as well as distribution of
mushrooms, it has started its operations in year 1992. The registered and major head office of the
firm is been based at Tamil Nadu, India. The vast line of product offerings of the company
involves canned mushrooms, fresh mushrooms, and canned gherkins. Each of its offering is
primarily distributed and supplied within the domestic arena. Owned and operated under the
supervision and management of its company director named Gurpreet Singh, it has been
affiliated as per business auditors including Singhi and Sudhir. The company's business is in the
processing, cultivation and export of mushrooms. As per the details, it has technical, marketing
and financial collaborations with reckoned firm that is Dalcem Veciap Agro Industries based in
Holland. Adding to this, it has a 100% buy and back arrangement with the collaborator. Based at
Padalam sugar factory road around Kolambakkam village, in year 1993, a public issue came out
to part the finance of the project setting up EOU at Tamil Nadu. The commercial production has
been started in June 1994 and by the year 1998, over 50% net worth of the firm has been
deteriorated and came under the insight of BIFR.
Last Updated on 30 November 2016
The first step of starting a company in India is having a proper business plan, which is primarily a formally written
document that represents the vision of the entrepreneur, and
describes the operations and strategies of the said entity. The business plan is referred to by different names, depending on
the type of intended audience.
For example, if the proposal is given to a banker, it will be referred to as a loan proposal, whereas it will be called an
investment prospectus or venture plan if provided to a venture capital fund.
In India services and businesses operating directly with the clients or customers such as tailors, doctors, restaurants,
lawyers, and personal services are set up as proprietary establishments. The owners also need to decide whether they wish
to operate in a limited local market or operate throughout the country and outside it as well.
These analyses normally call for examining the structure and size of the expected market for the said product or service
and deciding on the demand they can expect in the future for the same. The life cycle of the product and its shelf life also
needs to be ascertained before a step is taken.
Creating the infrastructure
There are several factors that come into play while deciding on creating a proper infrastructure for operating a business.
Once the owner has decided to buy the land where the factory or business center will be set up, they need to determine
whether it is close to important contact points like the airport, port, and rail road.
The owners also need to make sure that important raw materials such as power and water supply are readily available.
They should also look to set up a proper telecom facility for effective communication. In addition, the owners can contact
the respective state governments for the various concessions available in case of building and land taxes.
With the help of the Companies Act, the Indian government can perform several important functions related to an
organizations operation such as formation, functioning, financing, and closing. This Act is applicable to every company that
has been registered under it.
The location of a factory can impact the way the equipment and machinery of that company are organized and play a
critical role in the overall production process as well. An optimum location helps a company in reducing its operational
expenses and facilitating growth.
Product Pricing
While determining the price of their product a company should keep some factors in mind like determining the
organizations pricing objectives and the demand for their product. Other important factors in this regard are making an
estimate of the profits and expenses involved, deciding on the products demand, and its competition.
The owners also need to consider the various governmental regulations and opt for a proper pricing policy or method like
perceived value pricing, premium pricing, value pricing, ethical pricing, going rate pricing, and full line pricing.
The pricing objective normally differs with respect to various companies- a lower price draws more buyers but a higher
price reflects the owners confidence in their products and the overall quality of the same.
The owners also need to outline in the plan how they are going to apply for their financial requirements. Some other factors
that have to be considered while framing a finance plan are the size and type of business, credit worthiness and image of
the company, plans for expansion and growth, trends in the capital markets, and regulations specified by the governments.
They can also avail the services of intermediaries such as Asian and Pacific Centre for Transfer of Technology (APCTT) and
Technology Bureau for Small Enterprises (TBSE) that can help with the procurement of relevant technology.
In case of imported technologies the companies should take recourse to foreign direct investment and foreign technology
collaboration agreements that are backed by the Indian government. These processes can be done through the Reserve
Bank of India.
The companies can select their raw materials from within India itself or import them. In India the imports are monitored by
Foreign Trade (Development and Regulation) Act 1992.
The companies also need to prioritize factors such as job requirements, the number of employees required, possible
sources of recruitment and steps needed to select employees who are correct for the business.