The Oldest MNCs in India That Ruled For Ages
6. Standard Chartered Bank
British multinational banking and financial services company entered the Indian market in 1858. The first branch of the bank was opened in Kolkata and a decade after it shifted its operation to Bombay.
Standard Chartered is a holding company, which operates globally and is principally engaged in the business of retail and commercial banking and the provision of other financial services. The Company operates in two business segments: Consumer Banking - which meets the needs of private, small and medium-sized enterprises (SMEs), priority and personal banking customers across its franchise and Wholesale Banking - which includes lending and portfolio management; transaction banking, including trade and cash management and custody.
7. Philips
Philips Electricals operations in India dates back to 1930. Though Philips had to go through a lot of tough challenges to survive in the Indian market, but today the company is a leading MNC in India. It is one of the largest electronics companies in the world and employs around 122,000 people across more than 60 countries.
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