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The 30 largest family-owned companies in Mumbai

Tamtam tracks 46 family-owned companies headquartered in Mumbai. This list ranks the 30 largest by number of employees on LinkedIn, led by Godrej Industries Group, Godrej & Boyce Mfg. Co. Ltd. and Vijay Sales. Their median headcount is 1,022. Half of them were founded in 1969 or later.

馃嚠馃嚦 Mumbai30 companiesUpdated Nov 13, 2026

These family-owned companies in Mumbai operate across diverse sectors. Many are established groups, some with origins in the late 19th or early 20th century. Godrej Industries Group, founded in 1897, is a diversified conglomerate in consumer goods, real estate, and agri-businesses. Allana Group, established in 1865, is a major exporter of processed food products. Bajaj Group operates in sugar, ethanol, power, and FMCG, while Piramal Group is active in pharma, financial services, and real estate. Vijay Sales is a retail chain for electronics, and VIP Industries manufactures luggage.

A notable pattern among these companies is their broad engagement in both traditional industries like manufacturing and food processing, and modern sectors such as software development and financial services. Several companies, including Godrej & Boyce Mfg. Co. Ltd. and Onward Technologies Limited, also demonstrate a focus on engineering and precision manufacturing, indicating a strong industrial base within Mumbai's family-owned business landscape.

#CompanyIndustryHeadquarters EmployeesFounded
1
Godrej Industries Groupgodrejindustries.com

Established in 1897 in India, this trusted brand operates in consumer goods, real estate, appliances, agri, and other businesses both domestically and internationally

Holding Companies 馃嚠馃嚦 Mumbai 22,524 1897
2
Godrej & Boyce Mfg. Co. Ltd.godrejandboyce.com

A trusted brand offering diverse products and services, including locks, consumer goods, furniture, precision manufacturing, aerospace, and infrastructure development, with a focus on meaningful work

Manufacturing 馃嚠馃嚦 Mumbai 19,330 n/a
3
Vijay Salesvijaysales.com

A leading retail chain in India offering a wide range of electronics products with a focus on quality, service, and customer satisfaction

Retail 馃嚠馃嚦 Mumbai 4,170 1967
4
VIP Industries Limitedvipindustries.co.in

A leading luggage and travel wear company with a focus on quality, innovation, and global presence through multiple brands and distribution channels

Manufacturing 馃嚠馃嚦 Mumbai 3,512 1968
5
Bajaj Groupbajajgroup.org

The company operates in the Sugar, Ethanol, Power, and FMCG industries while also engaging in philanthropic efforts to create self-reliant villages

Executive Offices 馃嚠馃嚦 Mumbai 3,316 1931
6
Onward Technologies Limitedonwardgroup.com

Engineering services outsourcing specializing in digital, embedded, mechanical engineering for global OEMs across multiple industrial sectors and geographies.

Software Development 馃嚠馃嚦 Mumbai 3,023 1991
7
Piramal Grouppiramal.com

Global business in Pharma, Financial Services, and Real Estate. It also has a foundation focused on healthcare, education, and safe drinking water initiatives.

Executive Offices 馃嚠馃嚦 Mumbai 2,956 n/a
8
Allana Groupallana.com

Leading exporter of branded processed food products & agro commodities globally, specializing in frozen & chilled meat, fruit & vegetable products, coffee, and spices

Food and Beverage Manufacturing 馃嚠馃嚦 Mumbai 2,431 1865
9
Nirmal Bangnirmalbang.com

A leading Indian financial services provider offering equities, derivatives, commodities, mutual funds, insurance, and more with a focus on personal service and quality work

Financial Services 馃嚠馃嚦 Mumbai 2,234 1986
10
Navneet Education Limitednavneet.com

Leading educational content provider with print & digital materials, paper stationery, books, and digital learning solutions for students and teachers worldwide

Book and Periodical Publishing 馃嚠馃嚦 Mumbai 1,679 1959
11
T-Seriesyoutube.com

A leading Indian music record label and film studio, T-Series showcases India's culture through films, music, and products globally

Entertainment Providers 馃嚠馃嚦 Mumbai 1,429 n/a
12
Jawed Habib Hair & Beauty Limitedjawedhabib.com

A leading hair and beauty salon chain in India, offering professional services, education, and products while striving for global industry standards

Consumer Services 馃嚠馃嚦 Mumbai 1,288 n/a
13
Neon Laboratories Limitedneongroup.com

Specializing in developing technologies for manufacturing parenteral and oral formulations, focusing on providing life-saving anesthesia and critical care products worldwide

Pharmaceutical Manufacturing 馃嚠馃嚦 Mumbai 1,105 1982
14
Bestseller Indiabestseller.com

A fashion company with 362 exclusive brand outlets and 1,793 shop-in-shops in India, offering six popular clothing brands for men and women

Retail 馃嚠馃嚦 Mumbai 1,087 1975
15
Hari Krishna Exports Pvt. Ltd.hk.co

A global diamond supplier committed to ethical practices, sustainability, and community empowerment through innovative technology and socially responsible initiatives

Retail Luxury Goods and Jewelry 馃嚠馃嚦 Mumbai 1,022 1992

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16
The Choksi Groupthechoksigroup.com

This conglomerate operates in oil and gas, textile, infrastructure, and energy sectors, focusing on growth in India's future infrastructure and clean energy needs

Oil and Gas 馃嚠馃嚦 Mumbai 911 1984
17
CNK & Associates LLPcnkindia.com

A multi-disciplinary firm providing professional services to domestic and multinational corporations across various sectors, with a focus on the MSME sector

Accounting 馃嚠馃嚦 Mumbai 725 1936
18
Aries Agro Ltd.ariesagro.com

Manufacturer of micronutrients and nutritional products for plants and animals, including chelated micronutrients, bactericides, plant hormones, and secondary nutrients

Farming 馃嚠馃嚦 Mumbai 713 1969
19
Hinduja Group Limitedhindujagroup.com

A global conglomerate with diverse business verticals, focusing on philanthropy, leadership, and stability, spanning across 100 countries with multi-billion-dollar revenue

Executive Offices 馃嚠馃嚦 Mumbai 692 1914
20
Umedica Laboratories Private Limitedumedicalabs.com

Pharmaceutical company manufacturing and exporting a diverse range of formulations worldwide, with a focus on innovation, quality, and regulatory compliance

Pharmaceutical Manufacturing 馃嚠馃嚦 Mumbai 628 1982
21
MEP Infrastructure Developers Ltd.mepinfra.com

A Mumbai-based organization specializing in toll management, BOT and OMT projects, and bridge construction, dedicated to enhancing surface infrastructure for customers nationwide

Construction 馃嚠馃嚦 Mumbai 559 2002
22
Omkar Realtors & Developers Pvt Ltd.omkar.com

Established real estate developer in Mumbai, known for luxury yet affordable residential and commercial projects, with a focus on innovation and operational excellence

Real Estate 馃嚠馃嚦 Mumbai 515 2003
23
Man Infraconstruction Limited (MICL)micl.com

The company specializes in engineering, real estate development, and luxury lifestyle projects, leveraging over 50 years of experience for global impact

Real Estate 馃嚠馃嚦 Mumbai 460 1964
24
DEVdev-associates.com

A turnkey interior design-build contracting firm offering end-to-end solutions for interiors in various sectors with a focus on quality, safety, and timeliness

Architecture and Planning 馃嚠馃嚦 Mumbai 447 2007
25
KP Sanghvi and Sonskpsanghvi.com

A diamond manufacturing company with a focus on ethics, quality, and innovation, offering a variety of cuts and sizes, while also giving back to society

Wholesale Luxury Goods and Jewelry 馃嚠馃嚦 Mumbai 427 1965
26
Bajaj Corp Ltdbajajcorp.com

An Indian consumer goods company specializing in hair care products, focusing on premium quality and market leadership, with a strong emphasis on social responsibility

Renewables & Environment 馃嚠馃嚦 Mumbai 418 n/a
27
Liladhar Pasoo (LP) Groupliladharpasoo.com

A logistics solutions provider with a history dating back to 1919, offering end-to-end trade facilitation services and expertise as Custom House Agents in India

Transportation, Logistics, Supply Chain and Storage 馃嚠馃嚦 Mumbai 415 1919
28
HP ADHESIVES LIMITEDhpadhesives.com

A leading manufacturer of solvent cement in Asia, with diverse business interests including adhesives, plumbing accessories, textiles, logistics, real estate, and engineering

Chemical Manufacturing 馃嚠馃嚦 Mumbai 414 1978
29
J.B.BODA Groupjbbodagroup.com

A pioneering group offering reinsurance broking services globally, with a legacy of professionalism, integrity, and customer-centered business management Serving various locations

Insurance 馃嚠馃嚦 Mumbai 411 1943
30
SHAMAshama-perfumes.com

An Indian Heritage perfumery house specializing in processing, retailing, and wholesaling a wide range of Perfumes, Oil fragrances, Agarwood, and Indian oriental attar

Retail 馃嚠馃嚦 Mumbai 400 1977

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How this list is built

Every company on this list has a Tamtam company profile. The industry is the one the company gives on LinkedIn; categories such as SaaS or fintech are classified by Tamtam's AI from the company's website and LinkedIn page; and the headquarters city must match the company's own address. Companies are ranked by the number of employees on LinkedIn, and the list is refreshed every night. Classifications can be wrong, so treat the list as a starting point rather than an official ranking. Last updated Nov 13, 2026.

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