The 30 largest corporate groups and holding companies in Mumbai (2026 list)

This selection showcases large corporate groups and holding companies based in Mumbai. These entities operate across diverse sectors, including manufacturing, finance, IT services, and retail. Many of them, like Tata Group and Mahindra Group, are multinational federations with extensive global footprints.

Notable examples include Tata Group, a global enterprise focused on ethical business and philanthropy; Mahindra Group, with businesses in farm equipment, IT, and finance; ICICI Bank, providing diverse banking products; and Larsen & Toubro, specializing in engineering and construction projects. LTIMindtree is a global technology consulting company, while SUN PHARMA is a specialty generic pharmaceutical company. A common pattern is the predominance of large, diversified conglomerates, often founded in the mid-20th century or earlier, headquartered in Mumbai.

#	Company	Industry	Headquarters	Employees	Founded
1	Tata Group tata.com Global enterprise operating in over 100 countries, focused on improving community quality of life through ethical business and philanthropy.	Executive Offices	🇮🇳 Mumbai	1,017,626	1868
2	Mahindra Group mahindra.com Leading multinational federation with businesses in farm equipment, vehicles, IT, finance, renewable energy, agriculture, logistics, hospitality, and real estate.	Executive Offices	🇮🇳 Mumbai	237,131	1945
3	ICICI Bank bank.in Provides diverse banking products and services to individuals, SMEs, and corporates through branches, ATMs, mobile, internet, and phone channels.	Banking	🇮🇳 Mumbai	181,145	n/a
4	Larsen & Toubro larsentoubro.com Multinational company specializing in engineering, procurement, construction projects, hi-tech manufacturing, and sustainability-focused services across over 50 countries worldwide.	Executive Offices	🇮🇳 Mumbai	142,350	n/a
5	LTIMindtree ltm.com A global technology consulting company driving digital transformation for enterprises, delivering superior business outcomes through domain expertise and innovative digital solutions	IT Services and IT Consulting	🇮🇳 Mumbai	99,387	n/a
6	Life Insurance Corporation of India licindia.in Provides diverse life insurance products including health, pension, ULIPs, group schemes, and micro insurance with extensive agent network.	Insurance	🇮🇳 Mumbai	73,235	n/a
7	Reliance Retail relianceretail.com A leading retail initiative with wide reach, millions of customers, and high footfall, focusing on enriching the lives of Indians and cautioning against corporate fraud	Retail	🇮🇳 Mumbai	72,693	2006
8	Tata Steel tatasteel.com Global steel company with diverse operations worldwide, annual capacity of 34 million tonnes, focused on sustainability, employee well-being, and industry leadership Visit wwwtatasteelcom for more information	Mining	🇮🇳 Mumbai	58,399	n/a
9	SUN PHARMA sunpharma.com A global specialty generic pharmaceutical company providing high-quality, affordable medicines in over 100 countries with extensive manufacturing and R&D capabilities	Pharmaceutical Manufacturing	🇮🇳 Mumbai	49,091	1983
10	JSW jsw.in A diverse $23 billion conglomerate with global operations in steel, energy, minerals, infrastructure, and cement, known for operational excellence and social responsibility initiatives	Manufacturing	🇮🇳 Mumbai	41,996	n/a
11	RPG Group rpggroup.com A diversified business group with a turnover of over US$ 44 billion, operating in infrastructure, automotive, IT, pharmaceuticals, energy, and plantations	Manufacturing	🇮🇳 Mumbai	40,984	1979
12	Bank of Baroda bank.in A top Public Sector Bank with a global presence, offering a wide range of financial products and services to customers worldwide since 1908	Banking	🇮🇳 Mumbai	36,046	n/a
13	Aditya Birla Capital adityabirlacapital.com Financial services company based in Mumbai, India, focused on providing equal employment opportunities and promoting diversity, equity, and inclusion in recruitment practices	Financial Services	🇮🇳 Mumbai	32,092	n/a
14	Indian Oil Corporation Limited A national oil company in India involved in the entire hydrocarbon value chain, including refining, transportation, marketing, exploration, production, and petrochemicals	Oil and Gas	🇮🇳 Mumbai	29,849	n/a
15	Asian Paints asianpaints.com The company transforms properties into homes, offering paints, wallpapers, wood finishes, adhesives, waterproofing solutions, and painting services for customers.	Manufacturing	🇮🇳 Mumbai	27,496	n/a
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16	JSW Steel jsw.in Leading Indian steel manufacturer with a focus on sustainability, technology, innovation, and R&D to produce value-added high-end steels for global markets	Mining	🇮🇳 Mumbai	24,342	n/a
17	Godrej Industries Group godrejindustries.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	🇮🇳 Mumbai	22,524	1897
18	Mahindra and Mahindra Limited [Automotive and Farm Equipment Business]jobs.mahindracareers.com A multinational group based in Mumbai, India, providing employment opportunities across various industries including automotive, farm equipment, information technology, and financial services	Motor Vehicle Manufacturing	🇮🇳 Mumbai	22,482	1945
19	Union Bank of India bank.in Provides comprehensive financial services through a domestic and international network including deposits, advances, and digital banking for retail, MSME, and commercial sectors.	Banking	🇮🇳 Mumbai	21,188	1911
20	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	🇮🇳 Mumbai	19,330	n/a
21	Bank of India bankofindia.bank.in Established in 1906, this bank offers a wide range of products and services, with over 5100 branches across India and international operations	Banking	🇮🇳 Mumbai	17,220	1906
22	Tata Communications tatacommunications.com Provides global digital connectivity and secure enterprise solutions, enabling digital transformation for businesses including Fortune 500 companies worldwide.	Telecommunications	🇮🇳 Mumbai	16,891	2002
23	Glenmark Pharmaceuticals glenmarkpharma.com Research-driven global pharmaceutical company specializing in branded generics, specialty, and OTC products in dermatology, respiratory, and oncology.	Pharmaceutical Manufacturing	🇮🇳 Mumbai	15,495	n/a
24	Hindalco Industries Limited hindalco.com A global metals powerhouse focusing on aluminum and copper production, with a strong emphasis on sustainability and innovative solutions	Mining	🇮🇳 Mumbai	14,486	n/a
25	TATA Power tatapower.com One of India's largest power companies, with a focus on sustainable energy generation, transmission, distribution, and clean energy solutions for consumers	Utilities	🇮🇳 Mumbai	13,591	1915
26	UPL upl-ltd.com Global provider of sustainable agriculture products and solutions including biologicals, crop protection, seeds, post-harvest, and digital services worldwide.	Farming	🇮🇳 Mumbai	13,339	n/a
27	Tata Consulting Engineers tataconsultingengineers.com Global leader in integrated engineering solutions with expertise in infrastructure, power, and resources across various industries, serving both domestic and international markets	Design Services	🇮🇳 Mumbai	12,755	1962
28	Mahindra Finance mahindrafinance.com A leading non-banking finance entity in India offering vehicle, tractor financing, fixed deposits, SME loans, insurance broking, housing finance, and mutual funds	Financial Services	🇮🇳 Mumbai	12,157	1991
29	Pidilite Industries Limited pidilite.com A pioneer in consumer and specialty chemicals in India, offering a wide range of products including adhesives, sealants, construction chemicals, and art materials	Chemical Manufacturing	🇮🇳 Mumbai	10,944	1959
30	Essar essar.com A global investor with diverse assets in energy, infrastructure, metals & mining, and technology & retail sectors, managing a large investment portfolio	Investment Management	🇮🇳 Mumbai	10,548	1969

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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 11, 2026.

The 30 largest corporate groups and holding companies in Mumbai

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