# 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.

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.

🇮🇳 Mumbai · 30 companies · Updated Nov 14, 2026

| # | Company | Industry | Headquarters | Employees | Founded |
|---|---|---|---|---|---|
| 1 | [Godrej Industries Group](https://www.tamtam.ai/c/godrej-industries-group) (godrejindustries.com)<br>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 | 🇮🇳 Mumbai | 22,524 | 1897 |
| 2 | [Godrej & Boyce Mfg. Co. Ltd.](https://www.tamtam.ai/c/godrej-and-boyce-mfg-co-ltd) (godrejandboyce.com)<br>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 | 🇮🇳 Mumbai | 19,330 |  |
| 3 | [Vijay Sales](https://www.tamtam.ai/c/vijay-sales) (vijaysales.com)<br>A leading retail chain in India offering a wide range of electronics products with a focus on quality, service, and customer satisfaction | Retail | 🇮🇳 Mumbai | 4,170 | 1967 |
| 4 | [VIP Industries Limited](https://www.tamtam.ai/c/vip-industries-limited) (vipindustries.co.in)<br>A leading luggage and travel wear company with a focus on quality, innovation, and global presence through multiple brands and distribution channels | Manufacturing | 🇮🇳 Mumbai | 3,512 | 1968 |
| 5 | [Bajaj Group](https://www.tamtam.ai/c/bajaj-group) (bajajgroup.org)<br>The company operates in the Sugar, Ethanol, Power, and FMCG industries while also engaging in philanthropic efforts to create self-reliant villages | Executive Offices | 🇮🇳 Mumbai | 3,316 | 1931 |
| 6 | [Onward Technologies Limited](https://www.tamtam.ai/c/onward-technologies-limited) (onwardgroup.com)<br>Engineering services outsourcing specializing in digital, embedded, mechanical engineering for global OEMs across multiple industrial sectors and geographies. | Software Development | 🇮🇳 Mumbai | 3,023 | 1991 |
| 7 | [Piramal Group](https://www.tamtam.ai/c/piramal-group) (piramal.com)<br>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 | 🇮🇳 Mumbai | 2,956 |  |
| 8 | [Allana Group](https://www.tamtam.ai/c/allana-group) (allana.com)<br>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 | 🇮🇳 Mumbai | 2,431 | 1865 |
| 9 | [Nirmal Bang](https://www.tamtam.ai/c/nirmal-bang) (nirmalbang.com)<br>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 | 🇮🇳 Mumbai | 2,234 | 1986 |
| 10 | [Navneet Education Limited](https://www.tamtam.ai/c/navneet-education-limited) (navneet.com)<br>Leading educational content provider with print & digital materials, paper stationery, books, and digital learning solutions for students and teachers worldwide | Book and Periodical Publishing | 🇮🇳 Mumbai | 1,679 | 1959 |
| 11 | [T-Series](https://www.tamtam.ai/c/t-series) (youtube.com)<br>A leading Indian music record label and film studio, T-Series showcases India's culture through films, music, and products globally | Entertainment Providers | 🇮🇳 Mumbai | 1,429 |  |
| 12 | [Jawed Habib Hair & Beauty Limited](https://www.tamtam.ai/c/jawed-habib-hair-and-beauty-limited) (jawedhabib.com)<br>A leading hair and beauty salon chain in India, offering professional services, education, and products while striving for global industry standards | Consumer Services | 🇮🇳 Mumbai | 1,288 |  |
| 13 | [Neon Laboratories Limited](https://www.tamtam.ai/c/neon-laboratories-limited) (neongroup.com)<br>Specializing in developing technologies for manufacturing parenteral and oral formulations, focusing on providing life-saving anesthesia and critical care products worldwide | Pharmaceutical Manufacturing | 🇮🇳 Mumbai | 1,105 | 1982 |
| 14 | [Bestseller India](https://www.tamtam.ai/c/bestseller-india) (bestseller.com)<br>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 | 🇮🇳 Mumbai | 1,087 | 1975 |
| 15 | [Hari Krishna Exports Pvt. Ltd.](https://www.tamtam.ai/c/hari-krishna-exports-pvt-ltd) (hk.co)<br>A global diamond supplier committed to ethical practices, sustainability, and community empowerment through innovative technology and socially responsible initiatives | Retail Luxury Goods and Jewelry | 🇮🇳 Mumbai | 1,022 | 1992 |
| 16 | [The Choksi Group](https://www.tamtam.ai/c/the-choksi-group) (thechoksigroup.com)<br>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 | 🇮🇳 Mumbai | 911 | 1984 |
| 17 | [CNK & Associates LLP](https://www.tamtam.ai/c/cnk-and-associates-llp) (cnkindia.com)<br>A multi-disciplinary firm providing professional services to domestic and multinational corporations across various sectors, with a focus on the MSME sector | Accounting | 🇮🇳 Mumbai | 725 | 1936 |
| 18 | [Aries Agro Ltd.](https://www.tamtam.ai/c/aries-agro-ltd) (ariesagro.com)<br>Manufacturer of micronutrients and nutritional products for plants and animals, including chelated micronutrients, bactericides, plant hormones, and secondary nutrients | Farming | 🇮🇳 Mumbai | 713 | 1969 |
| 19 | [Hinduja Group Limited](https://www.tamtam.ai/c/hinduja-group-limited) (hindujagroup.com)<br>A global conglomerate with diverse business verticals, focusing on philanthropy, leadership, and stability, spanning across 100 countries with multi-billion-dollar revenue | Executive Offices | 🇮🇳 Mumbai | 692 | 1914 |
| 20 | [Umedica Laboratories Private Limited](https://www.tamtam.ai/c/umedica-laboratories-private-limited) (umedicalabs.com)<br>Pharmaceutical company manufacturing and exporting a diverse range of formulations worldwide, with a focus on innovation, quality, and regulatory compliance | Pharmaceutical Manufacturing | 🇮🇳 Mumbai | 628 | 1982 |
| 21 | [MEP Infrastructure Developers Ltd.](https://www.tamtam.ai/c/mep-infrastructure-developers-ltd) (mepinfra.com)<br>A Mumbai-based organization specializing in toll management, BOT and OMT projects, and bridge construction, dedicated to enhancing surface infrastructure for customers nationwide | Construction | 🇮🇳 Mumbai | 559 | 2002 |
| 22 | [Omkar Realtors & Developers Pvt Ltd.](https://www.tamtam.ai/c/omkar-realtors-and-developers-pvt-ltd) (omkar.com)<br>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 | 🇮🇳 Mumbai | 515 | 2003 |
| 23 | [Man Infraconstruction Limited (MICL)](https://www.tamtam.ai/c/man-infraconstruction-limited-micl) (micl.com)<br>The company specializes in engineering, real estate development, and luxury lifestyle projects, leveraging over 50 years of experience for global impact | Real Estate | 🇮🇳 Mumbai | 460 | 1964 |
| 24 | [DEV](https://www.tamtam.ai/c/dev) (dev-associates.com)<br>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 | 🇮🇳 Mumbai | 447 | 2007 |
| 25 | [KP Sanghvi and Sons](https://www.tamtam.ai/c/kp-sanghvi-and-sons) (kpsanghvi.com)<br>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 | 🇮🇳 Mumbai | 427 | 1965 |
| 26 | [Bajaj Corp Ltd](https://www.tamtam.ai/c/bajaj-corp-ltd) (bajajcorp.com)<br>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 | 🇮🇳 Mumbai | 418 |  |
| 27 | [Liladhar Pasoo (LP) Group](https://www.tamtam.ai/c/liladhar-pasoo-lp-group) (liladharpasoo.com)<br>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 | 🇮🇳 Mumbai | 415 | 1919 |
| 28 | [HP ADHESIVES LIMITED](https://www.tamtam.ai/c/hp-adhesives-limited) (hpadhesives.com)<br>A leading manufacturer of solvent cement in Asia, with diverse business interests including adhesives, plumbing accessories, textiles, logistics, real estate, and engineering | Chemical Manufacturing | 🇮🇳 Mumbai | 414 | 1978 |
| 29 | [J.B.BODA Group](https://www.tamtam.ai/c/j-b-boda-group) (jbbodagroup.com)<br>A pioneering group offering reinsurance broking services globally, with a legacy of professionalism, integrity, and customer-centered business management Serving various locations | Insurance | 🇮🇳 Mumbai | 411 | 1943 |
| 30 | [SHAMA](https://www.tamtam.ai/c/shama) (shama-perfumes.com)<br>An Indian Heritage perfumery house specializing in processing, retailing, and wholesaling a wide range of Perfumes, Oil fragrances, Agarwood, and Indian oriental attar | Retail | 🇮🇳 Mumbai | 400 | 1977 |

## 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 14, 2026.

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## The same list elsewhere in India

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## The same list elsewhere

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- [Family-owned companies in Asia](https://www.tamtam.ai/l/family-owned-companies-in-asia) (373)

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Source: https://www.tamtam.ai/l/family-owned-companies-mumbai