Its products are quite diverse, ranging from adhesives, sealants, waterproofing solutions and construction chemicals to arts & crafts, industrial resins, polymers and more. Pidilite Industries is an adhesives manufacturing company of Indian origin. Saffola, which competes in the premium refined edible oil segment, leads the market with a share of 73%. Saffola and parachute are the two brands that contribute to a majority of Marico's revenue. Its products include some very famous brands like Setwet, Saffola, parachute, nihar, mediker, livon, revive etc. Marico is one of India's largest FMCG companies. With major competitors like Godfrey Phillips India Ltd., VST Industries Ltd., Golden Tobacco Company Ltd., ITC continues to hold 77% of the market share. Nonetheless, its main business still remains to be tobacco. Having sustained in the industry for decades, the company diversified its operations from tobacco to various other industries. The now Indian Tobacco Company Limited was established in 1910 as Imperial Tobacco Company of India Limited. Currently, the Government of India holds 29.5%, and its parent Vedanta Limited holds 64.9% of its shareholding. Some competitors of HZL are India Coal, Hindalco and NALCO. It is the world's second-largest zinc-lead miner in the fourth largest zinc-lead smelter. Hindustan Zinc Limited holds a market share of 78% in the primary zinc industry. HZL is an Indian integrated mining and resources producer of zinc, silver, cadmium and lead. Currently, the government's shareholding stands at 66.13%. It produces coal through 7 of its subsidiaries. It is the world's largest coal-producing company. Having a market share of 82%, Coal India Limited is a public sector undertaking involved in the business of coal mining and refining. In the Indian market, Nestle Cerelac has a market share of around 96.5%. Recognized as 'The Most Valuable Food Brand' in India, Nestle is the global leader in infant nutrition and milk substitute products. The government recently announced that it has plans of privatization of this sector in a phased manner.Ĭerelac is an instant cereal for infants in the age group of 6 months and older. IRCTC enjoys the power of Monopoly as it is the only organization that operates Indian Railways. Though it was initially established as an organization wholly owned by the government, it currently has its stock traded on the NSE. Indian Railway Catering and Tourism Corporation (IRCTC) provides ticketing, catering, and tourism services to the Indian Railways. It is one of the largest aerospace companies in Asia, and the government owns around 75% of the total stake. Incorporated as Hindustan Aircraft Limited, Hindustan Aeronautics Limited has been operating in the industry for more than 79 years. Headquartered in Bangalore, India, Hindustan Aeronautics Limited (HAL) is a government-owned aerospace and defence company. You can check real-time share prices, market cap, EPS, P/E ratio, P/B ratio, corporate actions and so much more, all in one place - in Ticker by Finology! 1. Today we will look into the top 10 companies in India that have managed to acquire the monopoly position in their respective industries. Companies enjoying monopoly status in India The "monopolist" also becomes the trendsetter and price leader, which are followed by the other players. A business is said to have a monopoly position in the industry if it has captured the majority of the market share and can influence the business decisions of other players in that industry. So the meaning of "monopoly" is slightly tweaked. But in most industries, players attempt to enter the market and try their luck. It could be technological hindrances, difficulty in procuring inputs, political and legal restrictions, etc.īut in the real world, is it possible to have just one company in an entire industry? For a few sectors like railways, there are drawbacks that restrain other players to enter the industry. This type of market usually has no competitors. Theoretically, Monopoly is a type of market structure wherein a single business operates in an industry selling a unique product or service that cannot be easily replicated. But others are functional and practicable. Few of these are merely theoretical in nature. There are various types of market structures that are operational in the economy like monopolistic, oligopolistic, Monopoly and perfect markets.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |