Here is a latest news about business world in India. There are some Indian companies who are developed more in the last two financial year than their segment’s foreign brands competitors. The top companies who had left their competitors behind are all from different segments.
The last two years have been great for Indian brands. While foreign competitors are trying to carve out a piece of the market, Indians know what they want. The top Indian companies who are ahead from their foreign competitor companies includes Parle G, Haldiram, Royal Enfield, Titan watches, Flipkart and Micromax India.
Parle G and Haldiram companies are belong to food industry where Parle G is a leading glucose biscuit manufacturer for so many years and Haldiram is farsan item food manufacturer. Haldiram is the most impressive company to look at. Royal Enfield is bike manufacturer and they had foreign company Harley Davidson as their competitor.
The glucose biscuit brand is the first Indian FMCG brand to cross the Rs 5,000-crore mark in retail sales in just a year. It is considered the world’s biggest-selling biscuit by volume. According to Nielsen Holdings, it’s the world’s largest selling brand of biscuits with about a 140 billion biscuits sold per year.
Chennai-based Royal Enfield (RE), which sold a shade over 3 lakh bikes in 2014, overtaking Harley’s global sales of 2.67 lakh units, now wants to capture the global market. When asked whether he would like his products to be called the ‘Harleys of India’.
Indian budget smartphone maker Micromax bounded South Korea’s Samsung Electronics Co Ltd to become the leading supplier in India’s booming smartphone market for the first time in the fourth quarter, research firm Canalys said. Micromax accounted for 22 percent of smartphone sales in India in the October-December quarter, ahead of Samsung’s 20%. In total, 21.6 million smartphones were sold in India in the period, a 90% surge from a year earlier.
India, which has the world’s second-highest number of mobile phone accounts after China, is the third-biggest market by number of smartphones sold. Low-priced smartphones are the top sellers in a country where many buyers are upgrading from feature phones.
Last year, e-commerce major Flipkart was on schedule to clock annual sales of $3 billion. Just the Big Billion Day sale saw it register $100 million in sales as shoppers bought 20 lakh products from the site and they’re already prepping for another such event that will be “many times bigger”. Amazon, while among India’s leading e-commerce sites, is still seen as a newcomer in comparison to established players like Flipkart and Myntra.
Just as comprehensively as farsan beats fries. Haldiram’s revenues, at Rs 3,500 crore, is more than the combined revenue of Domino’s (Rs 1,733 crore) and McDonald’s (Rs 1,390 crore) adding toplines of the two separate operations in India. Or take that popular two-minute snack, Maggi, which netted a revenue of Rs 1,200 crore; Haldiram is almost three times bigger.
These figures for 2013-14, the latest available in official records, when combined with the fact that Haldiram’s commands 40% of the Rs 5,500-crore traditional snacks business, conclusively demonstrates one thing. Whether in fast food or munchies, and despite the profusion of MNC brands with high cool quotient in both categories, good old-fashioned Indian offerings from Haldiram’s still dominate the market.
Titan Watches :
Titan has 60% share of the total Indian market, and is also sold in about 32 countries.
So looking at all these analysis, we can say one thing for sure that Proud To Be An Indian. Make in India dream will surely come true when like these, all others would started growing.
Proud to be an Indian…!!!
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