The Tatas, Birlas and Ambanis are names that are synonymous in India for wealthy industrial groups, but they have been beaten by little known names, barring Procter & Gamble, in a list of top 10 corporate houses named by the government.
SPT Commodities tops the list of country's top 10 corporate houses in terms of turnover at Rs 9,63,516 crore, followed by Frost International (Rs 8,55,739 crore), Corporate Affairs Minister P C Gupta informed the Rajya Sabha on Tuesday.
As per the information provided by the ministry, two of the P&G group companies — Procter and Gamble Home Products, fourth in the list has a turnover of Rs 8,43,905 crore, while Procter and Gamble Hygiene and Health Care has a turnover of Rs 6,31,001 crore.
Further down in the list are Tetra Pak India NRC, Behr India and LT Foods.
