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Key Players

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Infosys
Set up in 1981, Infosys reached a revenues of USD 4.18 billion in 2007-08 recording a 35 per cent growth over revenues of USD 3.12 billion in 2006-2007. The ncompany is an active participant in the areas of IT consulting, modular global sourcing, business process re-engineering, and BPO services. Infosys has operations in Australia, China and US and has established marketing and technological alliances with FileNet, IBM, Intel, Microsoft and Orcale etc.

Accenture
Set up in 1997, Accenture India, a wholly owned subsidiary of the USD 16.65-billion global management consulting and outsourcing firm is gooding commendable progress in the state. There are a total number of 35,000 employees; including 10,000 in the BPO (business process outsourcing) space and the remaining 25,000 people in the business consulting and systems integration and technology divisions to serve global clients.

Wipro
Wipro is established in 1945. The company reached revenues of USD 4.97 billion in 2007-08 recording a 36 per cent growth over revenues of USD 3.56 billion in 2006-07. The company is engaged in areas of IT services, product engineering, technology infrastructure services, BPO and other consulting solutions. Wipro offers services, such as application development, business intelligence, deployment and maintenance, CRM. The company has 54 development centres and 30 offices spread across India, N. America, Middle East and Europe.

ACC Ltd
ACC is one of the largest cement manufacturing companies in India, with a cement production capacity of 16 million tonnes per annum. In 2004-05,ACC revenues stood at US$ 1035 million. ACC is a pioneer in cement and RMC, a leader in refractories and one of the pioneers in the area of advanced materials. The company has a countrywide distribution network and manufactures all types of cement. In Madhya Pradesh, ACC has a 1.7 MTPA cement plant at Kymore. The company plans to invest US$ 3.3 million to expand its manufacturing capacity of roofing products at Kymore. This will increase its production from 68,000 tonnes of asbestos roofing to 78,000 tonnes.

Bajaj Tempo Ltd
Bajaj Tempo is a US$ 190 million manufacturer of utility and light commercial vehicles, agricultural tractors and diesel engines. It has an automobile manufacturing plant at Pithampur near Indore. Bajaj Tempo plans to invest US$ 80 million to manufacture heavy and light commercial trucks in technical collaboration with Maschinenfabrik Augsburg- Nurnberg (MAN) of Germany at its existing site at Pithampur near Indore.

Birla Corporation Ltd
Birla Corporation Ltd is the flagship company of the MP Birla Group. The company’s main areas of business are jute, cement, synthetic yarn, calcium carbide, industrial gases, PVC coated fabrics, PVC floor coverings, auto trims, healthcare and education. Birla Corporation has joint ventures and collaborations with world leaders like DLW AG of Germany, Rhone Poulenc of France, Sweden-based Ericsson Cables & AB and ABB, GE,Toshiba and AEI Cables. In 2003-04, the company’s revenues was US$ 276 million and profits over US$ 9 million.

The company is setting up a captive power plant of 27 MW in Satna in Madhya Pradesh with an investment of US$ 42 million. It is also investing US$ 62 million for various capital expenditure programmes across the country.

Cadbury India Ltd
Cadbury India is a subsidiary of Cadbury Schweppes, the world’s largest confectionery and third largest soft drinks company. Cadbury India had sales of over US$ 150 million in 2003.The company employs nearly 2000 people across India. Cadbury India has one of its main production plants at Malanpur, near Gwalior.

Century Textiles and Industries Ltd
Century Textiles and Industries Ltd is the flagship company of the B K Birla Group. Century is involved in diversified businesses including cotton textiles and yarn, viscose filament yarn and rayon, tyre, industrial yarn, cement, paper and pulp. In 2004-05, it registered sales were over US$ 500 million. Century has presence in Madhya Pradesh through a cement plant at Satna. The company is expanding the production capacity of its cement plant at Satna by 0.8 million tonne per annum. It also has a 100 per cent export oriented cotton yarn and denim production plant near Indore. The unit has an ISO-9002 certification.

Coca Cola India
Coca-Cola India, one of the largest companies in the beverage market, has invested more than US$ 1 billion in India over the past decade. Coca-Cola is one of top international investors in India. In 2003, Coca-Cola India pledged to invest a further US$ 100 million in its operations. In Madhya Pradesh, Coca-Cola has a plant at Pilukhedi in Raisen district, near Bhopal. The company plans to invest US$ 6.7 million for expanding the operations in its plant at Pilukhedi.

Eicher Motors Ltd
Eicher Motors, part of the US$ 355 million Eicher Group, is a significant player in the Indian automobile industry. Eicher Motors manufactures and markets commercial vehicles with Gross Vehicle Weight (GVW) ranging from 5 to 25 tonnes. It is one of the leading manufacturers of commercial vehicles in India. The company has a manufacturing facility is Pithampur, Madhya Pradesh. This state-of-the-art plant has a total area of 72 acres with 18000 sq mt as the covered area. It houses some top-of-the-line equipments, a robust infrastructure and has an annual production capacity of 30,000 vehicles. The company has a world-class R&D centre that has helped the company successfully developed a wide range of commercial vehicles including trucks and buses. The company recently invested US$ 22 million for manufacturing heavy commercial vehicles at its Pithampur plant.

Grasim Industries Ltd
Grasim Industries is the flagship of the AV Birla Group, one of the most prominent Indian business houses. With the recent acquisition of cement business of L&T, Grasim has become the largest producer of cement in India. Grasim is also the largest producer of Viscose Staple Fibre (VSF) in India and one of the largest textile and yarn manufacturers. In Madhya Pradesh, Grasim has a presence through a cement plant at Jawad, a VSF plant at Nagda and textile & fabric manufacturing plants near Gwalior.

Hindustan Lever Ltd (HLL)
Hindustan Lever Ltd is India’s largest fast moving consumer goods company, with leadership in home & personal care products and foods & beverages. Its parent company, Unilever a Fortune 500 transnational holds 51 per cent of the equity. HLL has a plant for synthetic detergents in Chindwara district of Madhya Pradesh. In 2002, HLL launched the “Vindhya Valley” project in association with the Madhya Pradesh government to help increase the income of the farmers and small town entrepreneurs engaged in agro processing and cottage industries in the state by providing support infrastructure for marketing and distribution of their products.

HLL also has an alliance with Rallis India, a Tata group company, for a contract farming of wheat in Madhya Pradesh. This is mainly intended to help farmers grow and sell wheat and for making basmati rice for export in Madhya Pradesh.

IPCA Laboratories Ltd
IPCA Laboratories is one of India’s leading pharmaceutical companies with a strong thrust on exports. The Group's principal activities are manufacturing and distributing drugs and pharmaceuticals. Its products include tablets, capsules, basic drugs, orals, liquids and injectables. The company has a bulk drugs and formulation unit at Ratlam and a bulk drug facility in Indore in Madhya Pradesh. IPCA Laboratories plans to invest US$ 22 million to expand its formulations capacity at Ratlam. It also plans to invest US$ 14 million in the first phase to set up a new export oriented formulations unit in Indore.

Kinetic Motors
Kinetic Motor Company Ltd is part of the Kinetic group of companies, a leading manufacturer of two wheelers in India. The company has a state-of- the-art manufacturing facility at Pithampur, near Indore. The facility is ISO-9001 certified. Kinetic Motors is setting up a production line for manufacturing the Italjet range of scooters at Pithampur in Madhya Pradesh.

Nicholas Piramal India Ltd
Nicholas Piramal India Ltd (NPIL) is one of India’s leading pharmaceutical and healthcare companies with sales of US$ 280 million. NPIL is ranked fourth in domestic formulations sales and second in total domestic pharmaceuticals sales. Its Pithampur plant in Madhya Pradesh is accredited by reputed organisations like Allergan, Novartis, Solvay and IVAX, among others. Nicolas Piramal plans to invest US$ 45 million to enhance its research and development activities besides strengthening its manufacturing facilities.

Procter & Gamble
Procter & Gamble India is one of India’s fastest growing FMCG companies. The company has a turnover of over US$ 200 million. The company has a high technology detergent manufacturing plant in Raisen district in the state.

Ranbaxy Laboratories Ltd
Ranbaxy Laboratories Ltd, India’s largest pharmaceutical company, manufactures and markets world-class generics, branded generic pharmaceuticals and active pharmaceutical ingredients. It is ranked amongst the top ten generic companies worldwide. Ranbaxy has joint ventures/subsidiaries across the globe and its products are sold in over 100 countries, it has manufacturing operations in 7 countries and ground presence in 44 countries. In 2004, the company’s global sales crossed US$ 1 billion. Ranbaxy has manufacturing facilities in seven countries (including India), most of which are USFDA approved. Ranbaxy is investing US$ 100 million for expanding production capacity of Indian, Brazilian and US manufacturing utilities. In Madhya Pradesh, the company has a bulk drug and formulation plant at Dewas.

Ruchi Soya Industries Ltd
Ruchi Soya Industries Ltd is the largest edible oil company in India engaged in refining and trading of edible oils, soybean oil extraction, and export of soybean meal. It has an annual turnover of over US$ 550 million. In 2003, the company embarked on an expansion programme at its edible oil refinery at Indore. The plant capacity is being raised from 600 tonnes per day to 1000 tonnes per day.

 

Content Source: www.ibef.org

 
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