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India hosts about 158 large global
companies having a revenue of USD 1
billion or more, making the country the
11 most favoured destination for setting
up of a multinational corporation
headquarters, says a report.
According to an analysis by McKinsey
Global Institute, as many as 158 global
large companies have their headquarters
in India with a combined revenue of USD
898 billion.
The US topped the chart with 2,123 large
firms having their headquarters in the
country with a combined revenue of USD
15,221 billion, followed by Japan (1,028
firms, USD 7,347 billion), China (577, USD
5,449 billion), Germany (462,USD 3,788
billion) and United Kingdom (358, USD
2,818 billion), constituting the top five.
The top 10 most favoured destinations for
setting up an headquarters of a global
MNC include: France which hosts 236
firms's headoffice, Australia (203), Canada
(194), Italy (179) and Russia (165).
India was ranked 11th in the list followed
by South Africa, Switzerland, Taiwan and
Brazil.
At present, there are some 8,000 distinct
large companies worldwide with revenue
of USD 1 billion or more, and three out of
four are based in developed regions,
Mckinsey said.
This situation is likely to undergo a sea-
change as by the year 2025, an additional
7,000 companies would grow to this size
(revenue of over USD 1 billion) and seven
out of ten of these new entrants are likely
to be based in emerging regions, the
Mckinsey report added.
Currently, the US, Canada, and Western
Europe account for 11 per cent of the
world's population but are home to over
50 per cent of large company
headquarters.
In comparison, South Asia is home to 23
per cent of the world's population but
only 2 per cent of the world's large
companies' headquarters.
As per the report, by 2025, nearly half of
the Fortune global 500 companies are
likely to be based in developing countries
including India.
"As Japanese and South Korean companies
became formidable global competitors in
the past half century, new players from
emerging markets such as Chinese
telecom networking giant Huawei,
Brazilian aircraft manufacturer Embraer
and India's industrial conglomerate Aditya
Birla Group are asserting their presence,"
it said adding "many more are soon to
follow".
According to the report, companies from
emerging regions are growing faster than
their counterparts from the developed
world not only on their home turf but
also in overseas markets. It cited the
example of the aggressive expansion of
India's Tata Motors into Europe in the
past decade.
companies having a revenue of USD 1
billion or more, making the country the
11 most favoured destination for setting
up of a multinational corporation
headquarters, says a report.
According to an analysis by McKinsey
Global Institute, as many as 158 global
large companies have their headquarters
in India with a combined revenue of USD
898 billion.
The US topped the chart with 2,123 large
firms having their headquarters in the
country with a combined revenue of USD
15,221 billion, followed by Japan (1,028
firms, USD 7,347 billion), China (577, USD
5,449 billion), Germany (462,USD 3,788
billion) and United Kingdom (358, USD
2,818 billion), constituting the top five.
The top 10 most favoured destinations for
setting up an headquarters of a global
MNC include: France which hosts 236
firms's headoffice, Australia (203), Canada
(194), Italy (179) and Russia (165).
India was ranked 11th in the list followed
by South Africa, Switzerland, Taiwan and
Brazil.
At present, there are some 8,000 distinct
large companies worldwide with revenue
of USD 1 billion or more, and three out of
four are based in developed regions,
Mckinsey said.
This situation is likely to undergo a sea-
change as by the year 2025, an additional
7,000 companies would grow to this size
(revenue of over USD 1 billion) and seven
out of ten of these new entrants are likely
to be based in emerging regions, the
Mckinsey report added.
Currently, the US, Canada, and Western
Europe account for 11 per cent of the
world's population but are home to over
50 per cent of large company
headquarters.
In comparison, South Asia is home to 23
per cent of the world's population but
only 2 per cent of the world's large
companies' headquarters.
As per the report, by 2025, nearly half of
the Fortune global 500 companies are
likely to be based in developing countries
including India.
"As Japanese and South Korean companies
became formidable global competitors in
the past half century, new players from
emerging markets such as Chinese
telecom networking giant Huawei,
Brazilian aircraft manufacturer Embraer
and India's industrial conglomerate Aditya
Birla Group are asserting their presence,"
it said adding "many more are soon to
follow".
According to the report, companies from
emerging regions are growing faster than
their counterparts from the developed
world not only on their home turf but
also in overseas markets. It cited the
example of the aggressive expansion of
India's Tata Motors into Europe in the
past decade.
