🇮🇳 Foreign ownership of Indian brands
4.2% of the 333 Indian brands with a controlling owner (14) are owned by a company headquartered outside India, most often in the United States, Germany and Singapore. That ranks 76 of 94 countries analysed.
Which countries own them
| Owner headquartered in | Brands | Share of foreign-owned | Bar |
|---|---|---|---|
| 🇺🇸 United States | 6 | 42.9% | |
| 🇩🇪 Germany | 2 | 14.3% | |
| 🇸🇬 Singapore | 2 | 14.3% | |
| 🇨🇭 Switzerland | 1 | 7.1% | |
| 🇮🇱 Israel | 1 | 7.1% | |
| 🇯🇵 Japan | 1 | 7.1% | |
| 🇹🇷 Turkey | 1 | 7.1% |
Largest foreign owners
| Owner | Headquarters | Indian brands owned |
|---|---|---|
| Coca-Cola | 🇺🇸 United States | 3 |
| DHL Group | 🇩🇪 Germany | 2 |
| Aemetis | 🇺🇸 United States | 1 |
| Arçelik | 🇹🇷 Turkey | 1 |
| Caesarstone | 🇮🇱 Israel | 1 |
| DBS | 🇸🇬 Singapore | 1 |
| Nippon Life | 🇯🇵 Japan | 1 |
| Procter & Gamble | 🇺🇸 United States | 1 |
| Walmart | 🇺🇸 United States | 1 |
| Wilmar | 🇸🇬 Singapore | 1 |
Where foreign ownership is highest
Top-level categories with at least 5 Indian brands that have a controlling owner.
| Category | Brands | Foreign-owned | Share |
|---|---|---|---|
| Beverages | 23 | 3 | 13% |
| Finance & insurance | 40 | 3 | 7.5% |
| Travel & transport | 37 | 2 | 5.4% |
| Home, garden & DIY | 21 | 1 | 4.8% |
| Personal care & beauty | 26 | 1 | 3.8% |
| Energy | 29 | 1 | 3.4% |
| Home care | 29 | 1 | 3.4% |
| Food | 31 | 1 | 3.2% |
Examples
- Aemetis Kakinada Plant owned by Aemetis
- Blue Dart Aviation owned by DHL Group
- Blue Dart Express owned by DHL Group
- DBS Bank India owned by DBS
- Flipkart owned by Walmart
- Fortune owned by Wilmar
- Limca owned by Coca-Cola
- Lioli Ceramica owned by Caesarstone
- Maaza owned by Coca-Cola
- Nippon Life India Asset Management owned by Nippon Life
- Thums Up owned by Coca-Cola
- Voltas Beko owned by Arçelik
How this is computed
Of 341 Indian brands recorded, 333 have a current controlling owner (outright or a stake of 50% or more, followed up to the ultimate parent). The other 8 are licensed, part-owned or lack a current owner and are left out. A brand is foreign-owned when that ultimate parent is headquartered in a different country from the brand's origin. Data as of . Method and ranking for all countries.
Coverage caveat. The brands tracked skew towards those held by large filing companies, so this overstates foreign ownership relative to every brand in the country. See also the India country page.