These companies are Enjoying the Monopoly in India

A Monopoly is a situation in the market when a specific company or an enterprise is the only supplier of a particular product in the country. India has some companies in which have a monopoly in the market. Let’s look at the companies which have a monopoly in the Indian market.

IRCTC
Coal India
ITC
Pidilite
Nestle
Marico
Hindustan Zinc
HAL
FAQ

IRCTC

IRCTC has a 100% monopoly in their respective sector in the Indian market. IRCTC stands for Indian Railway Catering and Tourism Corporation. IRCTC is a subsidiary company of Indian railways which involves in providing services such as ticketing, catering and tourism.

The company was founded in the year 1999 and has its headquarters located in New Delhi, India. The Company in the beginning was fully owned by the Government of India under the control of Indian Railways but during the year 2019, the company was listed on the National Stock exchange (NSE). The majority shareholding is still with the Government of India.

IIT graduate put behind bars for developing faster rail ticket booking app

An IIT graduate probably had the most purest of ideas when he developed arailway ticket booking app, which facilitated bookings at greater ease. However,the innovation did not go down well with the Ministry of Railways and thegraduate now finds himself locked up. According to reports, IIT Kharag…

StartupTalkyTanusha Verma

Coal India

Coal India has an 82% monopoly in their respective sector in the Indian market. Coal India Limited is also a company which is undertaken by the Government of India. The company was founded in the year 1975 and has its headquarters in Kolkata, India.

Coal India is the largest coal-producing company in the world. The company is also a Maharatna public sector undertaking. The company has a contribution of around 82% of the total coal production in India. Coal India is owned by the Union Government of India and its operations are taking place through the Ministry of Coal. It is the 8th most valuable company in India.

Amul Case Study | The Story Behind The White Revolution

Amul is an Indian dairy cooperative society based out of Anand that lies inGujarat. The word ‘Amul’ is derived from the Sanskrit word ‘Amulya’ which meanspriceless or precious. This case study on Amul discusses the history of Amul, its business model,revenue, and the key factors behind Amul’s s…

StartupTalkyVarad Kitey

ITC

ITC has a 77% monopoly in their respective sector that is the manufacturing of Cigarettes in India. ITC Limited is an Indian based multinational conglomerate. The company was founded in the year 1910 and has its headquarters located in Kolkata, India.

ITC has a monopoly over their cigarette brands in the country other than that they have a wide range of products and services such as Hotels, FMCG, Packaging, Paperboards, Agribusiness and Specialty Papers. The company was formerly known as India Tobacco Company limited and later in the year 1974 it was renamed as ITC Limited where ITC doesn’t stand for any acronym.

Pidilite

Pidilite has 70% monopoly in their respective sector in the Indian market. Pidilite Industries Limited is an Indian based manufacturing company. It was founded in the year 1959 and has its headquarters located in Mumbai, India.

The company is mostly involved in the manufacturing of adhesives and also has its monopoly share in the adhesive manufacturing sector. Other than this the company is involved in consumer products such as art materials, food and fabric care, car products, stationery materials, etc.

They are also involved in the manufacturing of specialty industrial products such as industrial pigments, industrial adhesives, textile resins and leather chemicals.
One of the major brands under Pidilite is Fevicol.

Top Profitable Retail Business Ideas in India (Categorized by investments)

The Retail industry in India has emerged as fast-paced industries due to manynew retailers. Retail business in India accounts for 10% of GDP and 8% ofemployment. India is one of the top 5 retail markets in the world by economicvalue. It is one of the fastest-growing retail markets in the world. …

StartupTalkyArbaz Sayed

Nestle

Nestle has a 97% monopoly in their respective sector that is Cerelac in India. Nestle is a Switzerland based multinational conglomerate. It was founded in the year 1866 and has its headquarters in Vaud, Switzerland. The company is involved in the manufacturing of food and drinking products. Nestle is the largest food company in the world.

Cerelac is an instant cereal which is manufactured under Nestle. Other than this Nestle has a wide range of products such as baby food, medical food, bottled water, coffee and tea, dairy products, confectionaries, ice cream, chocolates, frozen food, pet foods, etc.

Marico

Marico has a 73% monopoly in their respective sector that is Premium Edible Oils in India. Marico is an Indian based company. The company was founded in the year 1990 and has its headquarters in Mumbai, India. Marico is one of India’s leading companies in the consumer goods sector.

Other than Premium edible oils the company has a wide range of products and brands such as hair care, skincare, male grooming, health foods, fabric care, etc. Marico has its presence in almost 25 countries across Africa and Asia.

Hindustan Zinc

Hindustan Zinc has a 78% monopoly in their respective sector that is the manufacturing of Zinc in India. Hindustan Zinc Limited is an Indian integrated mining and resource-producing company. The company is undertaken by a Central Public Sector. The company was founded in the year 1966 and has its headquarters located in Rajasthan, India.

The company is involved in the mining and resource production of zinc, lead, cadmium and silver. In the year 2003 Hindustan Zinc was sold to Vedanta Ltd. Currently, the company is a subsidiary company of Vedanta Ltd.

Most Profitable Wholesale Business Ideas in India - Exclusive List 2020

Wholesaling is the process of selling your products in huge amounts to anotherretailer normally at a discounted price then the retailer[https://startuptalky.com/top-profitable-retail-business-ideas/] sells the products totheir customers. Wholesale business ideas are one of the most profitable opt…

StartupTalkySouvik Dey

HAL

HAL has a 100% monopoly in their respective sector in the Indian market. Hindustan Aeronautics Limited which is commonly known as HAL is an Indian company that is owned by the state. The company was founded in the year 1940 and has its headquarters in Bangalore, India. HAL is an aerospace and defense company.

HAL is involved in the operation of aerospace and is also involved in the design, assembling and fabricating of aircraft, jet, engines, helicopters and their spare parts. The company is governed under the management of the Indian Ministry of defense.

Top 5 Innovative Space Startups of India

As India is making some huge advancements in space tech, Many space startups ofIndia are grabbing the attention of investors. Surviving in an Indian startupspace is not easy with fierce competition around you. 60 to 70% of the startupsfail without even emerging to the top, so emerging as a space …

StartupTalkyArbaz Sayed

FAQ

What is a good example of a monopoly?

A monopoly is a firm who is the sole seller of its product, and where there are no close substitutes. Examples: Microsoft and Windows.

What are the 4 types of monopolies?

Natural monopoly, Geographic monopoly, Government monopoly, and Technological monopoly are 4 types of monopolies.

Is Coca Cola a monopoly?

Coca-Cola, Pepsi, etc are not a monopoly because they are in one of the most crowded industries - Drinks and Soft Drinks.

Conclusion

These are the top companies that has a monopoly in the Indian market. A monopoly market has its own benefits and disadvantages. It is always good for a country to have a mixture of companies with some monopoly companies.