Top 10 Export Companies In India
SUMMARY
India’s export economy is multifaceted and diverse, as reflected in the wide range of products and services made and marketed by the companies in the list below, from petroleum products, steel, generic medicines, automobiles, gems and jewellery, textiles, and IT services.
Some of these companies were created with the specific aim of exporting products, while others were pioneers in their respective fields and became global market leaders unintentionally. Let’s walk through the list of top export companies in India
The following section provides a brief description of the top 10 export companies based on their founding year, owner, what they do, and the products or services they export.
Quick Comparison
| Rank | Company | Founded | Owner / Founders | Headquarters | Core Exports |
| 1 | Reliance Industries | 1966 | Mukesh Ambani (Chairman & MD) | Mumbai | Refined Petroleum, Petrochemicals |
| 2 | Tata Steel | 1907 | Tata Group (Tata Sons) | Mumbai / Jamshedpur | Steel Products |
| 3 | Sun Pharmaceutical Industries | 1983 | Dilip Shanghvi (Founder & Chairman) | Mumbai | Generic & Speciality Pharmaceuticals |
| 4 | Tata Motors | 1945 | Tata Group (Tata Sons) | Mumbai | Vehicles, Commercial Trucks |
| 5 | Maruti Suzuki India | 1981 | Suzuki Motor Corporation (majority owner) | New Delhi | Passenger Vehicles |
| 6 | Bajaj Auto | 1945 | Bajaj Group | Pune | Motorcycles, Three-Wheelers |
| 7 | Rajesh Exports | 1989 | Rajesh Mehta & Prashant Mehta | Bengaluru | Gold Jewellery, Refined Gold |
| 8 | Kiran Gems | 1985 | Vallabhbhai S. Patel (Founder) | Mumbai / Surat | Polished Diamonds |
| 9 | Vardhman Textiles | 1965 | Oswal family | Ludhiana | Yarn, Fabric, Sewing Thread |
| 10 | Tata Consultancy Services (TCS) | 1968 | Tata Group (Tata Sons) | Mumbai | IT Services, Consulting |
1. Reliance Industries – India’s Largest Exporter by Value
| Details | Information |
|---|---|
| Founded | 1966 |
| Founder | Dhirubhai Ambani |
| Chairman & MD | Mukesh Ambani |
| Owner | Reliance Industries / Public Shareholders |
| Headquarters | Mumbai, Maharashtra |
One of India’s most valuable companies, Reliance Industries was founded in 1966 as a textile and trading company by Dhirubhai Ambani, and has since grown to become India’s largest private sector company through the Jamnagar refining and petrochemical complex, which is among the largest in the world. Reliance Industries’ petrochemicals exports make up a sizeable portion of India’s overall exports.
What Reliance exports: Refined petroleum and petrochemicals to various international destinations such as Europe, Africa, and the Americas.
Products: Refined petroleum products and petrochemicals – liquefied petroleum gas, polymers and petrochemical intermediates – and synthetic textiles and fibres in India.
2. Tata Steel – A Global Steel Exporter With Century-Old Roots
| Details | Information |
|---|---|
| Founded | 1907, as Tata Iron and Steel Company |
| Owner | Tata Group (Tata Sons) |
| Headquarters | Mumbai, Maharashtra |
| Major Plant | Jamshedpur, Jharkhand |
| Industry | Steel & Manufacturing |
Tata Steel is one of the world’s largest steel producers and has operations in India, the Netherlands, the UK, and other countries. It was founded in 1907 by Jamsetji Tata, and today, Tata Steel exports steel products to more than a hundred countries, with Europe, the Middle East, and Southeast Asia as key markets.
What Reliance exports: A wide range of finished and semifinished steel products to international steel buyers and steel converters.
Products: Hot and cold rolled coils and sheets, galvanized sheets, tubes, wire rods, and specialty steel products.
3. Sun Pharmaceutical Industries – India’s Leading Pharmaceutical Exporter
| Details | Information |
|---|---|
| Founded | 1983 |
| Founder | Dilip Shanghvi |
| Chairman | Dilip Shanghvi |
| Ownership | Publicly Listed Company |
| Headquarters | Mumbai, Maharashtra |
| Industry | Pharmaceuticals |
Sun Pharmaceutical Industries was founded in 1983 by Dilip Shanghvi and has since evolved into India’s largest pharmaceutical company, with a presence in more than a hundred countries. Sun Pharma plays a crucial role in India’s status as the “Pharmacy of the World” by supplying a variety of generic and speciality drugs to international markets.
What Reliance exports: Generic and speciality pharmaceutical formulations and active pharmaceutical ingredients to global pharmaceutical manufacturers and distributors.
Products: Generic and branded pharmaceutical formulations, speciality and complex generic drugs, active pharmaceutical ingredients, and biosimilars.
4. Tata Motors – Driving India’s Automotive Exports
| Details | Information |
|---|---|
| Founded | 1945, as Tata Engineering and Locomotive Company |
| Owner | Tata Group (Tata Sons) |
| Headquarters | Mumbai, Maharashtra |
| Industry | Automobiles |
| Major Products | Cars, SUVs, Commercial Vehicles |
Tata Motors is one of India’s leading automobile manufacturers and has been exporting cars to the UK, South Africa, Southeast Asia, and other regions for decades. Exports constitute a significant portion of Tata Motors’ revenues, although the company is now focusing more on the domestic market.
What Reliance exports: Passenger vehicles, commercial vehicles, and auto components to overseas buyers.
Products: Passenger cars and sport utility vehicles (SUVs), commercial vehicles, and auto components and commercial vehicle bodies.
5. Maruti Suzuki India – India’s Largest Passenger Vehicle Exporter
| Details | Information |
|---|---|
| Founded | 1981, as Maruti Udyog Limited |
| Major Owner | Suzuki Motor Corporation, Japan |
| Headquarters | New Delhi |
| Industry | Automobile Manufacturing |
| Major Products | Passenger Cars, SUVs, Utility Vehicles |
Maruti Suzuki India was a government-owned entity during its early years and became India’s largest passenger vehicle exporter after forming a joint venture with Suzuki Motor Corporation of Japan. Maruti Suzuki exports passenger vehicles to more than a hundred countries and is India’s largest automobile exporter.
What Reliance exports: Passenger cars manufactured in India to international destinations in Asia, Africa, and Latin America.
Products: Hatchbacks, sedans, and SUVs through retail outlets such as Arena and Nexa, as well as hybrid and electric vehicles.
6. BAJAJ Auto – A Major Exporter of Two- And Three-Wheelers
| Details | Information |
|---|---|
| Founded | 1945, as Bachraj Trading Corporation |
| Owner | Bajaj Group |
| Promoters | Bajaj family |
| Headquarters | Pune, Maharashtra |
| Industry | Automobiles |
| Major Products | Motorcycles, Three-Wheelers |
BAJAJ Auto traces its roots to 1945 when it was started by Jamnalal BAJAJ as the Bachraj Trading Corporation. BAJAJ Auto has been one of India’s leading two-wheeler and three-wheeler manufacturers and exporters for decades, with a strong presence in international markets.
What Reliance exports: Motorcycles, scooters, and commercial three-wheelers to overseas buyers.
Products: Motorcycles across multiple brands and price points, commercial three-wheelers, and electric two- and three-wheelers.
7. RAJESH Exports – One of the World’s Largest Gold Exporters
| Details | Information |
|---|---|
| Founded | 1989 |
| Founders | Rajesh Mehta and Prashant Mehta |
| Executive Chairman | Rajesh Mehta |
| Headquarters | Bengaluru, Karnataka |
| Industry | Gold & Jewellery |
| Major Exports | Gold Jewellery and Gold Products |
RAJESH Exports started as a small ten-member workforce in Bengaluru and grew to become one of the world’s largest gold jewellery manufacturers and refiners after acquiring Swiss gold refiner Valcambi in 2015.
RAJESH Exports has been actively involved in gold and diamond jewellery exports to the UK, the Middle East, and the United States, among other destinations.
What Reliance exports: Gold and diamond jewellery and refined gold and precious metals.
Products: Gold and diamond jewellery through Shubh Jewellers and precious metals.
8. KIRAN GEMS – A Leading Diamond Exporter
| Details | Information |
|---|---|
| Founded | 1985 |
| Founder | Vallabhbhai S. Patel |
| Key Family Members | Babubhai S. Lakhani and Mavjibhai S. Patel |
| Headquarters | Mumbai, Maharashtra |
| Manufacturing | Surat, Gujarat |
| Industry | Diamonds & Jewellery |
Kiran Gems traces its roots to Vallabhbhai S. Patel, a diamond cutter who set up one of India’s largest diamond manufacturing and exporting firms. Surat, Gujarat, the second-largest city in West Bengal, is the worldwide diamond processing and cutting centre, and Kiran Gems plays a dominant role in the local diamond cutting and polishing industry.
What Reliance exports: Natural polished diamonds to jewellery manufacturers and retailers.
Products: Natural diamonds cut and polished in a variety of sizes and qualities.
9. VARDHMAN TEXTILES – A Textile Export Major From Punjab
| Details | Information |
|---|---|
| Founded | 1965 |
| Incorporated | 1962 |
| Original Name | Vardhman Spinning & General Mills |
| Owner | Oswal family |
| Headquarters | Ludhiana, Punjab |
| Industry | Textiles & Yarn |
The Vardhman Group traces its origins to 1962 when Lala Rattan Chand Oswal founded Vardhman Spinning & General Mills in Ludhiana, with the first spinning taking place in 1965. Vardhman Textiles has since grown to be one of India’s largest textile entities under the Oswal family’s ownership and management.
What Reliance exports: Yarn, processed fabrics, and sewing thread to international apparel and textile manufacturers.
Products: Yarn, woven and processed fabrics, sewing thread, and acrylic products.
10. Tata Consultancy Services (TCS) – India’s Largest IT Services Exporter
| Details | Information |
|---|---|
| Founded | 1968 |
| Owner | Tata Group (Tata Sons) |
| Headquarters | Mumbai, Maharashtra |
| Industry | Chemicals |
| Major Business Areas | Basic Chemistry, Specialty Products and Consumer Products |
Tata Consultancy Services (TCS) is a leading IT services and consultancy company that has significantly contributed to India’s IT exports. TCS has been providing IT services to multinational corporations for decades and has since grown to be the world’s largest IT services company by market value.
What Reliance exports: IT consulting and software development services to firms around the world.
Services: Software development, IT consulting, cloud services, artificial intelligence, business process outsourcing, cybersecurity, and digital transformation consulting.
FAQs
1. Which is the largest export company in India by value?
Reliance Industries is generally considered to be India’s largest export company by value, as its refined petroleum and petrochemicals exports constitute the majority of India’s exports.
2. Which is the oldest export company on this list?
TATA Steel is the oldest company on this list, having been founded in 1907, while the other two were founded in 1945.
3. Which company represents India’s services exports rather than physical goods?
TCS is the only company on this list that represents India’s services exports rather than goods.
4. Which companies dominate India’s gems and jewellery exports?
Gems and jewellery exports are dominated by Rajesh Exports and Kiran Gems, with Kiran Gems being one of the world’s largest diamond manufacturers.
5. Which automobile companies are major exporters from India?
Maruti Suzuki India, Tata Motors, and Bajaj Auto are the three automobile companies on this list, with the first two being major commercial and passenger vehicle manufacturers and the latter being a two- and three-wheeler manufacturer.
6. Is Maruti Suzuki an Indian-owned company?
Maruti Suzuki India was initially an Indian government-owned company but is now majority-owned by the Japanese automaker Suzuki Motor Company.
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