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Top 10 Automobile Companies in India

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The automotive industry in India has really spread its wings over the period, as the country became the 4th largest automotive market in the world.
The companies gave new designs and innovative yet beneficial technologies a very clear idea of the common people’s needs and expectations.
There is also a major factor for better sales to be considered.
The citizens of India have sent comfort and elegance a green signal as the population increases and the lifestyle constantly improves.
As a result, Indian car companies have become virtually important and have offered the car industry an opportunity to improve their profits.
Here, we have listed the top 10 largest automobile companies in India:

10. Nissan Motor India Pvt Ltd

The Indian subsidiary of Nissan Motor India Pvt Ltd, established in 2005, is Nissan Motor India Pvt Ltd.
The cars and vehicles of the business are extremely popular in India for their superior engines and durable frames.
Nissan Motor India produced 53,390 of its top-quality domestic vehicles during the past fiscal year, 2017-2018.
Nissan Micra, Nissan Frontrunner, Nissan Kicks, and Nissan GT-R, among others, are among their most popular Indian models.

9. Toyota Kirloskar Motor Pvt Ltd

Toyota Kirloskar Motor Pvt (Kirloskar Group as a minority owner) is a subsidiary of Toyota Motor Corporation of Japan, for the manufacturing and sales of Toyota cars in India.
The company was founded in 1997 and became the leading automobile manufacturing company in India.
During the 2017-2018 financial year, Toyota Kirloskar India manufactured 139,566 cars.
They also export manufactured cars from their Indian plants to foreign markets.
Toyota’s most popular models are Toyota Innova, Toyota Camry, Toyota Prius, Toyota Yaris, Toyota Landcruiser etc.

8. Volkswagen India

The wholly-owned Indian subsidiary of the German vehicle production company Volkswagen Group is Škoda Auto Volkswagen India Pvt Ltd. 
Volkswagen is the second top automobile company in the world.
However, considering many factors in the Indian market, Volkswagen has yet to reach its maximum potential. 
Unfortunately, they do not have an entry-level model for higher volumes of sales (and profits). 
Volkswagen’s services network needs to be stronger compared to the other larger players.
Their customers’ most common complaint lies in the inconsistent provision of auto parts and regular failure in after-sales support. 
That being said, in most other global markets, the Volkswagen group has a model with a new hatchback in the coming years in India.
Polo hatchback and Vento sedan variants are a major driving force of its popularity. 
Brands including Audi and Skoda also relate to the sales figures as members of the Volkswagen AG community. 
Nevertheless, this company is still trying to find a foothold in the Indian automotive market.

7. Renault India Pvt Ltd

Renault India Pvt. Ltd is a wholly-owned subsidiary of the French famed automaker Renault.
The Fluence premium sedan and the Koleos SUV, however, are unique and characteristically different.
While their design and features were critically appreciated, they were not huge sellers for Renault, that crown stands firmly on Duster’s head.
This compact SUV drives the success of Renault in the Indian market all alone.
They are also active in the Lodgy’s MPV segment but there are rumors that another seat row can be available in the next edition of the Duster and thus, the simplest choice again for Duster.
The first-level sub-compacted KWID was the other car with a lot of success for Renault.

6. Ford India

Ford India, a renowned car company headquartered in Chennai and founded in 1995, invests enormous money to capture the growing Indian car markets.
This American brand ranks in the sixth position among the top 10 automobile companies in India.
Ford has a loyalty share in India as a company as they provide driver-oriented cars with Ikon 1.6 and eventually Fiesta.
Ford also has Endeavor at the other end of the market–one of the first best SUVs of India, with a ladder on-frame design, masculine style, and amazing road presence.
The company employs over 10,000 people and has a deep knowledge of their fields.
The business in Chennai has an immense production facility with a capacity of 2,00,000 cars.

5. Honda Cars India

Honda Cars India Ltd. is Honda’s Indian counterpart, which manufactures, sells and exports passenger cars throughout the Indian subcontinent.
In 1995, Honda established a joint venture between them and Usha International of the Siddharth Shriram Group.
This joint venture, until previously was known as Honda Siel Cars India Ltd.
Honda City Cars, Honda Accord, Honda Jazz, Honda CR-V, and Honda Brio are the most popular Honda Cars models for India.
During the 2017-2018 financial year, this large Japanese car manufacturer’s Indian operations represented approximately 178,755 cars made in India.
The vehicles manufactured in the country are also shipped to neighboring countries.

4. Mahindra & Mahindra

Mahindra & Mahindra Limited is an Indian car manufacturing company based in Mumbai, Maharashtra, India.
Now in India, it is also a major group manufacturing and an acclaimed automotive brand.
Mahindra & Mahindra group is valued at 66,958.35 crore rupees in 2019. Scorpio, Bolero, XUV500, Xylo, Verito, and Thar are their successful models
During the financial year, 2017–2018, this leading car maker in India manufactured some 242,365 assorted vehicles.
Mahindra & Mahindra is also the biggest tractor producing company used for agricultural use.
Automobiles from Mahindra and Mahindra are renowned for their sturdy design and high performance.

3. Tata Motors

If foreign companies weren’t included, Tata motors would be ranked 1st among the top 10 automobile companies in India list.
Tata Motors is the largest car manufacturing company in Asia and the 17th largest in the world in terms of total capacity.
The company is famous for manufacturing cars, trucks, vans, coaches, etc.
Tata Motors is the best automobile company with the highest sales in 2017 in the country when compared to other brands.
The organization aims to design and offer the best commercial and commuter vehicles with the best possible user experience worldwide.
During the financial year 2017-2018, it produced some 191,107 automobiles.
Among other vehicles, the company primarily manufactures passenger busses and trucks.
For decades, long before liberalization, other manufacturers arrived in Indian market Tata vehicles have been touring on Indian roads.
Besides, their leading models include the cheapest car in the word Nano (discontinued in 2019), Tiago, Nexon, Tigor, Sumo, Zest, Harrier, Hexa, and Safari.

2. Hyundai

When it was introduced in India, Hyundai was unknown as a brand.
From there to becoming the second-best car brand in India is a good story to be told.
The Santro was an absolute triumph, the very first version they introduced in the country.
In the portfolio of Maruti Suzuki, cars from several segments were overthrown, leading to Suzuki’s sales figures plummeting considerably.
Some models had great successes, while others slipped over months into single-digit sales.
Yet Hyundai has steadily improved in terms of design, quality, and efficiency and currently offers an enviable range of models from the entry levels to the luxurious SUV series and virtually every category in the center.
Its best-selling models Eon, Santro, i10 and i10 Grand, Xcent, Verna, Elantra, Creta, and Tucson.

1. Maruti Suzuki

Maruti Suzuki India Limited is the largest automobile company in India, formerly known as Maruti Udyog Limited.
It’s a joint venture between Maruti Udyog and the Suzuki Motor Corporation in Japan and was established almost 4 decades ago.
Maruti Suzuki owns 53% automobile market share in India.
Its first car, Maruti 800, was regarded at the launch as the most successful car.
Even the last production unit for such a car shut seven years ago still, in 2019, this car can easily be seen on Indian roads.
Maruti Suzuki has developed the technology to produce worldwide standard cars for the Indian market.
Breeza, Alto, Swift, Ertiga and Celerio variants are some of their bestselling.
In 2015 Maruti Suzuki launched a new dealership format for its premium cars, NEXA.
At present, Maruti under its NEXA brand is selling, Baleno RS, S-Cross, XL-6, Ciaz and Ignis.
The first car that was marketed through NEXA outlets was S-Cross.
As part of the company’s medium-term objective of annual sales of 2 million by 2020, they will add several new models to both outlets.

The automotive industry in India has about 37 million employees directly or indirectly and is one of the largest employing sectors in the country.
The automobile sector in India is currently struggling with a crisis, where the prices of automakers have dropped drastically to minimize production.
Insiders of the industry warn a risk of hundreds of thousands of jobs.
Given the optimistic policy initiative by Government, most manufacturing sectors (including automotive) are still struggling to survive.
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Top 10 Automobile Companies in the World

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top automobile companies

There are some of the most reliable car brands in the market if you are planning to buy a new car for yourself.
But, many top car manufacturers are just cutting down their operations by resulting in the lower quantity being manufactured that will eventually lead to increased automobile prices.
The reason is, car brands are trying to compensate for their profits by increased prices and cutting down operational costs to tackle the future crisis.
In recent years, the automotive industry has undergone a worldwide slowdown, prompting major car suppliers to seek new and innovative profit-making approaches.
Many have transitioned to higher-end, while some are more focused on competitive models contributing to larger margins of income.
2017 shows signs of recovery with a few of the main players hitting worldwide record sales.
We have researched many brands and created a list for the biggest automobile companies in the world who won’t be significantly affected by the crisis.
Without including new companies like tesla inc, here are the top 10 automobile companies:

10. PSA - France

PSA Automobiles is a French carmaker formerly known as PSA Peugeot Citroën, which manufactures motorcycles and motorbikes together with automobiles.
Amid some difficult years in this decade, much of which was the loss of €114 million in 2014, for which PSA Peugeot, the company bounced back soon.
In the middle of 2017, the French automaker announced a 15.4% global increase in sales.
The great performance of SUV sales, which account for 23 percent of combined sales, handles the vast majority of this growth.
Its situation remained optimistic in 2018, with a 7.8 percent growth in Q2 sales from Peugeot.
The rise in Opel-Vauxhall purchase, together with an improvement in the selling of inferior Peugeot models, is attributable according to industry experts.
In the ASEAN region, it aims to double its sales. Before, the company announced an agreement on vehicles for the Asian market with Naza Corp in Malaysia.

9. Suzuki - Japan

biggest automobile companies in the world

This well-known automaker produces everything from vehicles to ATVs, formerly known as the Suzuki Motor Corporation.
Suzuki is the fourth largest car manufacturer in Japan and is also the most profitable car company that sells its cars in over 190 countries.
Although the world-wide footprint of Suzuki has declined in recent years, its sales in India (known as Maruti Suzuki), which together with Hyundai Motors, are still powered by its high profitability.
It recently announced its goal of selling 2 million cars annually in India by 2020 under the banner of Maruti Suzuki.
The 6.6 percent lower operating profit posted by the company in the second quarter of 2018 may make this prediction hopeful.
As in Q2, this financial year in 2019, Suzuki reported a net decline of sales up to 9.6% year-on-year.

8. Fiat Chrysler Automobiles - Italy/US

top car manufacturers

The Italian-American car manufacturer was listed on both the New York Stock exchange and Borsa Italiana through the merger of Fiat and Chrysler.
Fiat–Chrysler saw its earnings in 2018 Q2 declined by 40 percent over the same time last year, after a solid North American sales performance in 2017.
This decline was not for slow sales but to a one-off price of €700 million for any possible future compensation resulting from emission violations of Ram pickups and Jeep Grand Cherokees manufactured between 2014 and 2016.
This precaution was because, in 2015, a US $105 million fine was imposed on Fiat/Chrysler.
North America Division has far outpaced its counterparts in Europe and the Asia Pacific sales.
The lower sales in these regions have cited increased competition in China and price competition in Europe. Even so, the total sales in North America grew by 3 percent in 2017.
Fiat Chrysler Cars have 159 manufacturing facilities globally and are known as one of the ‘Big Three’ American automakers.

7. Honda - Japan

top car brands in the world

With the ad campaign “The Power of Dreams,” the Honda Motor Company still corresponds to the story of its optimistic founder.
The global sales outlook of the Japanese carmaker increased by 2019. However, they continue to face decreasing total sales in the second year.
Because of the current rise in motorcycle sales, Honda raised its revenue outlook for the year ending in March 2019 by 11.3 percent to $7 billion.
Even with the upgraded forecast, its March 2017 sales of $7.42 billion are still below its record high.
The overall decrease in sales has a major role to play in declining growth in China.
Honda exceeds its Japanese rivals in China but still has quality problems with its two leading models, the Civic and the CR-V SUV.

6. Ford - United States

best car company in the world

Ford Motor Company is an American international automaker having headquarters in Dearborn, Michigan.
It was created on 16th June 1903 by Henry Ford.
Under the name Ford and luxury cars under the brand Lincoln, the company sells automobiles and commercial vehicles.
Ford also holds Brazilian SUV maker Troller, an 8 percent ownership in UK’s Aston Martin and a 32 percent share of Jiangling Motors, which makes Ford not only is one of the biggest automobile companies but is also, the largest family-owned company in the world.
The Ford Company pioneered techniques of large-scale automotive manufacturing and large-scale industrial worker planning, using complex output processes defined by rolling assembly lines, which by 1914 became known worldwide as Fordism.
This technique is used by almost all manufacturing companies to this day.
In March 2008 Tata Motors of India bought Ford’s former UK divisions of Jaguar and Land Rover, which Ford bought in 1989 and 2000.

5. General Motors - USA

most reliable car brands

General Motors Company (GM), a Detroit-based international American company known for producing, assembling, selling and exporting cars and car components. 
Originally established as a holding company by William C. Durant on 16 September 1908. The company now in 2019 is one of the best American car companies in the world. 
As of 2018, Forbes ranked General Motors 10th spot by total revenue among Fortune 500 America’s largest companies.
General Motors runs manufacturing and assembly plants that produce a wide variety of vehicles. 
Popular automotive brands like Buick, Chevrolet Cadillac, and Hummer are part of its lineup portfolio.
The company’s core car brands are Chevrolet, Buick, GMC and Cadillac, manufacturing cars in over 37 countries. 
It also controls and keeps major ownership in other international car companies, including Holden, Wuling, Baojun and Jiefang.

4. Hyundai - South Korea

top car manufacturers

Hyundai Motor Company found the partnership in 1998 by the acquisition of a 51% stake in the second-largest South Korean car company, Kia Motors.
Hyundai owns 33.88% of Kia Motors as of 31 December 2013.
This global conglomerate manufactures a wide range of products and has become South Korea’s biggest automaker.
In October 2018, Hyundai-Kia sales increased by almost one percentage point compared to last year’s same quarter.
It sold 408,160 units worldwide this October, down from 404,321 last October. The jump was mainly because of high domestic results, with sales 25% higher than last year.
Strong sales of Santa Fé and Kona were the leading way.
The best-selling car in Korea has been Santa Fe and Kona’s best-selling month since its release in the first years.
Generally, in 2014 and 2015 the car manufacturer has been rebounding from several difficult years since they suffered from a strong Korean currency.

3. Nissan group- France/Japan

biggest automobile companies in the world

As an important cross-cultural automaker, the Renault Nissan-Mitsubishi Partnership will be remembered as the longest-lasting alliance ever.
The Coalition partners combine forces to build a stronger global network.
They cooperate together on innovative ideas, thus upholding their own corporate identities.
Renault, Nissan, and Mitsubishi’s strategic partnership is not a merger or an acquisition, but through a cross-sharing agreement, it unites the three organizations.
The model was groundbreaking in the auto industry during the 1990s and acted later as a model for General Motors and the PSA Group, Mitsubishi, and the Volkswagen Group and Suzuki.
The Partnership has extended its reach by establishing new alliances with car manufacturers, including Daimler of Germany, China’s Dongfeng and AvtoVAZ of Russia.

2. Toyota - Japan

top 10 automobile companies

Japanese international car manufacturer Toyota Motor Corporation is headquartered in Osaka, Aichi, Japan.
In 2017, Toyota hired 364,445 employees around the world and was the sixth-largest corporation in the world by revenue as of September 2018.
They manufacture not only cars and trucks under five different brands in the Toyota Group but also manufacture industrial equipment and individual automotive products.
Toyota’s business was struggling after it’s country’s defeat in WWII, but it eventually came back in the 1950s.
Toyota sent executives to visit American manufacturers and took notes on new innovations and ideas to become more successful by implementing those techniques at Toyota.
It is also the world’s leading hybrid vehicle manufacturer and one of the largest companies to support the introduction of hybrid vehicles in the global mass market.
Toyota is also a hydrogen fuel cell market leader. Toyota and Lexus both crossed 10 million milestones in January 2017 by combined global sales of their hybrid car models.

1. Volkswagen Group - Germany

top automobile companies

It has overtaken Toyota and sold 10.8 million cars during 2016 and remains as the no. 1 automobile company in the world through its exports in 2017 and 2018. 
Over two decades, it has held Europe’s largest market share. It ranked seventh among the world’s largest companies in the 2018 Fortune Global 500 list. 
Volkswagen Group market passenger cars under the Volkswagen owned brands like Audi, Bentley, Bugatti, Lamborghini, Porsche, SEAT, Škoda and the Volkswagen flagship brand; (commercial vehicles, trucks, and buses) under the marquee, MAN, Scania, and Volkswagen Commercial Vehicles and motorcycles under the Ducati ;
Recording sales and a strong recovery from the ‘diesel gate scandal’ Volkswagen has been able to overcome the previous number two from Toyota. 
For the first time in their history, Volkswagen’s strong sales of Porsche, Audi, Škoda, and other flagship brands led to a surpass 10.4 million units.
Volkswagen takes the title in our top 10 automobile companies list single-handedly.

These are the one of the top automobile companies, to whom crisis is just another cold season.
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Top 10 Richest Women in the World 2019

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Richest Women in the World

Although there are no women in the Top 10 richest people in the world list, we can’t deny that women can not archive billionaire status in the 21st century.
Many women, including Emerson collective’s Laurene Powell Jobs and Abigail Johnson, are active agents of change in this list ranging from heirs to self-made millionaires.
Others like Charlene de Carvalho-Heineken work as guardians for their family and foster leadership for the next generation.
And then, there are Gina Rinehart & Jacqueline mars who, because of their management business skills, act as role models for women.
Regardless of their wealth, these women have a passion for the profession, a vision for the organization they support.
Here are the top 10 richest women in the world:

10. Kwong Siu-hing: $15.1 billion

richest woman in the world

She is Kwok Tak-Seng’s wife, who created Sun Hung properties (real estate company) in China.
She worked in 2008-2011 in the same organization as chairman.
Now, she controls the Sun Hung Kai Properties Group, Hong Kong’s best property developer as a shareholder.
By 2008, a family trust with approximately 41.53% of the shares effectively controls the firm SHK Properties, making her the company’s largest shareholder.

9. Gina Rinehart: $15.2 billion

richest self made woman in the world

Lang Hancock was the father of Gina Rinehart, who currently is the Chairman of the Company, Hancock Prospecting.
From our research, we should call her the richest self-made woman in the world.
Because Gina does not have a conventional heritage background or can be called an heiress because she is the one who has bravely taken on and rebuilt her father’s bankrupt iron-ore company.
Forbes declared Gina to be the world’s wealthiest woman in 2012, but this year in 2019 she is in 8th position.
Gina still has plans to expand her company and travels the world with her $80 million private jets she has no plans to stop.

8. Iris Fontbona: $15.4 billion

Richest Women in the World

Iris Fontbona, the head of the richest family in Chile, inherited the Luksic Group in 2005, following the death of her husband Andronico Luksic.
Latter had developed a fortune in the mining of copper and beverages and had left the business to Jean-Paul, Andronico and Guillermo Luksic and Fontbona with three sons.
While Andronico is still the company’s face, the 76-year-old was recognized for expanding the business, including a major decision to buy a 70 percent stake in Chilean TV, Channel 13.
Banco de Chile, which is the second-largest bank in Chile, Compañía de las Cervecerías Unidas, remains as some of the group’s leading holdings.
She also controls the largest copper mines in the world under Antofagasta Holdings.

7. Abigail Johnson: $15.6 billion

richest self made woman in the world

Abigail is a famous American businessman and was born in December 1961.
She began her career as a portfolio manager at Fidelity Investments, a company founded by her grandfather, and is also a graduate from the Harvard Business School.
Upon entering the position of President and CEO status and having a company share of 49 percent in 2014, she became one of the world’s powerful women.
She was eventually appointed Chairman of the Group in 2016.
The same year, Forbes put her in 16th position and 34th place in 2014, ranking her that time among the as richest woman in the US.

6. Laurene Powell Jobs: $18.6 billion

richest woman in the world

Apple’s legacy has been taken up further by Laurene Powell Jobs, the wife of late Apple founder Steve Jobs.
She started as a philanthropist and after her husband’s death, she gradually got the responsibility of taking care of the company.
She currently owns 38.5 million shares of Apple and a stake of 8% of Disney Company.
Powell also created a College Track company for its own reason, which trains students for high school and university graduations.
Furthermore, she is the founding member of the Emerson Collective, a resource bank that helps those interested in improving social and educational issues.

5. Susanne Klatten: $21 billion

richest women in the world

Today, 56 years old, German-born businesswoman, mother of 3, & also one of the biggest shareholders in BMW, control over 19 percent of the world’s largest luxury car maker.
Yet Susanne is behind her brother Stefan Quandt in terms of shareholding, as he owns more than 23% of the firm.
As an entrepreneur, Susanne’s success does not rely on the main business of the family.
Over the years, she has concentrated on Altana AG, an internationally recognized pharmaceutical company founded by her grandfather.
To date, she is chairman and sole proprietor of Altana AG, which is said to generate $2.5 million annually in revenue.

4. Yang Huiyan: $22.1 billion

Wealthiest Women in the World

Yang Huiyan is the daughter of Yeung Kwok Keung, a self-made businessman who founded Country Garden Holdings, the construction developer of Guangdong, China.
At a tender age of 25, in 2007, when she inherited 70 percent of her father’s assets and became the richest person in China.
Now 37 in 2019, she still holds that title with 57% of the development company’s shares.
Yang also chairs the Bright Scholar Education Holdings, China’s largest global and bilingual K-12 school provider.
Together with her aunt Yang Meirong, she owns 92.59% of the education firm.
These assets together with her income put her among the richest women in the world in 2019.

3. Jacqueline Mars: $23.9 billion

wealthiest woman

Jacqueline Mars is the granddaughter of the biggest candymaker in the world Frank C. Mars and the successor of the company who holds around 30% of the stake in the company.
She began to work in the company as till 2001 Food product Group President & then serving as a member of boards till 2016.
Currently, the Chairman of the Board of Directors is her son, Stephen Badger.
Mars is also a renowned philanthropist who serves as President of the Mars Foundation and has made significant contributions to the Australian Outback doctors and National Symphony Orchestra.
She also sits on six boards, including the National Archives, and in the Smithsonian.

2. Alice Walton: $44.4 billion

richest woman in the us

She is the daughter of the late Sam Walton, founder of Wal-Mart Stores & only sister of American Businessmen John T. Walton, S. Robson Walton, and Jim Walton.
Alice Walton does not have a major role in the Walmart corporation unlike her brothers; Rather, she is a patron to artists as well as often involved in philanthropy.
She is also the founder and chairman of the Museum of American Art of Crystal Bridges, which she established in 2011.
In 2017, Walton created the Art Bridges non-profit foundation to expand the nation’s awareness of American modern art.

1. Françoise Bettencourt Meyers: $49.3 billion

Richest Women in the World

Francoise Bettencourt Meyers owns 33 percent of L’Oreal, the largest manufacturer of cosmetics worldwide.
Before that, her mother Liliane led the business until her death in 2017.
The L’Oreal corporation is a big brand that owns Garnier and Lancome brands.
She is also an accomplished writer as she wrote three novels, something based on the Greek God.
Françoise was already playing a major role in managing the fortune of her family as the head of his own investment firm and of the chairman of the Bettencourt Schueller Foundation before they named her the holder of the $107.5 billion stakes in L’Oreal.
Nonetheless, it was not an easy task of handling her mother’s corporation.
But while the late Liliane Bettencourt was, before her death, the richest woman in the world, Francoise today holds the same spot as her mother before.
Françoise Bettencourt Meyers is the richest woman in the world in 2019.

MacKenzie Bezos (ex-wife of Jeff Bezos) is not included because after Forbes released the 2019 rankings she gained her individual wealth of $37 billion.

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Top 10 Biggest Companies in the World by Market Cap 2019

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Today’s post is about the biggest companies in the world by Market Capitalization in Q2 2019.
We listed the rating based on market capitalization. You might ask what is Market Capitalization?
In layman terms, it is the current market rate of the company or business.
This is decided by people willing to buy shares (the smallest ownership of that company) at a particular rate.
We can term the combined value of all the shares at a particular market rate as market value.
These are the top 10 biggest companies in the world:
Data in the article is based of 11th August 2019

#10. Johnson & Johnson

JNJ:NYSE
Market Cap-$348.5 B
CEO–Alex Gorsky
Industry-Medical devices,Pharma,Consumer Packed Goods(CPG)

This company was started by three brothers—Robert Wood Johnson, James Wood Johnson, and Edward Mead Johnson when they were inspired by a speech from Joseph Lister.
The brothers originally produced surgical equipments, bandages, and plasters. They started manufacturing baby powder later in 1893.
Approximately 250 affiliate businesses in 60 nations are part of the corporation, distributed to over 175 nations.
The company’s headquarters are in New Brunswick, New Jersey, USA.

#09. JPMorgan Chase

JPM:NYSE
Market Cap-$350.9 B
CEO–Jamie Dimon
Industry-Financial services & Investment Banking

JPMorgan Chase is the biggest commercial bank in the United States, the sixth-biggest bank in the world in terms of total assets and is consistently one of the biggest companies in the world since its inception and was always even in times of recession was in the top 10 companies list.
The J.P. brand. Historically recognized as “Morgan”, it provides financial and banking facilities, private banking services, asset management, and private capital.
JPMorgan Chase’s headquarters are at 270 Park Avenue, Manhattan, New York, USA.

#08. Visa

V:NYSE
Market Cap-$389 B
CEO–Alfred F Kelly Jr
Industry-Financial services

Visa is the 8th largest company in the world by market cap. 
It enables transactions of electronic funds worldwide, most often via Visa-branded credit cards, gift cards, and debit cards. 
Headquartered in Foster City, United States, California.

#07. Alibaba Group

BABA:NYSE
Market Cap-$414.3 B
CEO–Daniel Zhang
Industry-E-commerce, retail, Internet, and technology.

The Alibaba Group is one of China and the world’s biggest virtual trading platforms, drawing customers’ exposure both through inexpensive rates and through a wide range of featured products.
The firm offers facilities to consumers, business consumers, and business through web portals, electronic payment services, a customer search system, and cloud computing.

#06. Berkshire Hathaway

BRK.A:NYSE
Market Cap-$489.2 B
CEO–Warren Buffett 
Industry-Holdings

The firm is renowned for Warren Buffett for its permanent owner, an American investor, and an entrepreneur.
Headquartered in Omaha, Nebraska, USA, this holdings company share price of $300,435 August in 2019 which puts it the most costly stock in the world.

#05. Facebook, Inc.

FB:NASDAQ
Market Cap-$535.9 B
CEO–Mark Zuckerberg
Industry-Online Social media and Social networking 

Mark Zuckerberg developed Facebook in February 2004 over 1.86 billion people visit this social network every day. 
The $535.9 billion market value is an astronomical sign of an Internet project’s success. 
Today in 2019, online advertising generates more than $8 billion net annual profit from Facebook as it has gained various social media platforms like Instagram, WhatsApp, etc.
Facebook headquarters is located in Menlo Park, California, USA.

#04. Alphabet Inc.

GOOG:NASDAQ
Market Cap-$824.1 B
CEO–Larry Page 
Industry-Internet-related services and products

Google, the globally renowned Internet company, has altered its name to Alphabet because the corporation has long since and is been out of just Google’s search engine and now it also holds many other businesses.
The heads of the Internet giant are Sergey Brin and Larry Page, who collectively formed the mega-company in 1998.

#03. Amazon.com

AMZN:NASDAQ
Market Cap-$894.1 B
CEO–Jeff Bezos 
Industry-E-commerce, cloud computing, digital streaming, and artificial intelligence.

Top 3 tech giants in our list often fight for the first position for the biggest companies in the world.
Amazon is an American retail company selling and delivering online multiple products.
Internet consumers, distributors, and manufacturers can use Amazon’s page as an internet platform to distribute any products on their own.
Because of high-quality products, lower rates, timely delivery and a broad variety of different products, the popularity of service have improved over time.
Now the company has started a diversification in entertainment media, electronics, IT solutions, etc.
Jeff Bezos founded the company in 1994. The headquarters of Amazon is in Seattle, WA, USA.

#02. Apple

AAPL:NASDAQ
Market Cap-$908.3 B
CEO-Tim Cook
Industry-Consumer electronics, computer software, and online services

Apple has been the world’s most valuable corporation for a long time and was also being the first enterprise to cross a trillion market cap mark it truely tops in our list like top 10 largest companies in the world.
But after they have released their newest costly models XS & XR, things don’t go well.
Investors are concerned about iPhone revenues, so in the last 3 months, the cost of Apple stocks has fallen significantly.
The company remains in first place on the list of the most branded products.
Today, many people are likely to recognize the company logo because Apple has become truly the most effective brand; we assess its worth around $908.3 billion.
Steve Wozniak, Ronald Wayne, and Steve Jobs set up the business on 1 April 1976.
Apple’s business is now diversified, including smartwatches, PCs and laptops, phones and smartphones, and more than per now in 2019 the company is planning to increase focus its service business. 
The distinguishing characteristic of the success of Apple gadgets, yet, is Steve Jobs’ high quality, elegant design, and good marketing.
Today, with nearly 132,000 employees, the business has thousands of corporate headquarters, brand shops, and distribution centers globally.

#01. Microsoft

MSFT:NASDAQ
Market Cap-$1046.9 B
CEO–Satya Nadella
Industry-Computer software, consumer electronics, personal computers, and related services.

Microsoft is the largest company in the world by market capitalization.
Bill Gates, one of the richest men in the world, founded this world-renowned corporation in 1975.
Microsoft was the first software developer at that moment to suggest using packaged home computer software that would make the PC experience user-friendly and enjoyable.
This software–the Microsoft disk operating system (MS-DOS)–was a true success because it made it so easy for common users to learn PC computer skills.
The system brought a massive accomplishment and huge profits to the business.
Today, Microsoft is also one of the PC software market’s major businesses.
It launches Windows operating systems of the new generation, a range of apps to work with Microsoft Office documents and several other software programs.
After an unsuccessful attempt to enter the mobile market, Microsoft also manufactures its accessories, video, audio, and office tools.
The headquarters of the business are in Redmond, Washington, USA.
For a long time, Microsoft consistently topped in the biggest companies in the world because of its competition proof business management.

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Top 10 Economies in the World by GDP 2019-2020

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top 10 economies of the world

This article is about the largest top 10 economies in the world by GDP in the financial year 2019-2020.
Nations around the globe are stirred by the various stages of economic cycles.
It is exciting to see, yet, that these upper countries do not move from their positions.
17 are still on the list compared to the top 20 markets of 1980, meaning only three newcomers and almost no change in the top 10 economies by GDP.
Besides the largest economies in the world staying the same, the assessment shows that these nations are the engine of development, controlling most of the world’s economy.
Together, unfortunately, because of various factors, the bottom 173 nations make up less than a fifth of the world economy.
For you to understand, I listed them on 2 factors, Nominal GDP and to get a bigger picture of GDP by country according to Purchasing Power Parity.
These are the top 10 biggest economies in the world:

10.Canada

Nominal GDP: $1.82 trillion
GDP (PPP): $1.93 trillion

The world’s tenth biggest economy is just ahead of Russia.
Canada reported powerful financial development from 1999 to 2008, with annual GDP expanding by an average of 2.9% fold.
Because of its close financial relations with the United States, Canada could rebound rapidly from the effect of the recession in 2009.
Also, credits to its strong fiscal policy of pre-crisis, a strong financial system,
A comparatively stable global sector and the economic power of its resource-rich western regions.
Growth has started up again since 2010, and on average, the economy of Canada increased by around 1.4% per year between 2010 and 2013.
It hit the Canadian economy after the completion of the commodities supercycle, which recovered in recent years.
The nominal GDP of Canada stands at USD 1.8 trillion with an annual growth pace of 2.0% in 2019 and is anticipated to reach $2.43 trillion by 2023.
In the long run, according to our econometric models, it is an expectation that Canada’s GDP to move around USD 2160.00 trillion in 2020.
Why does canada have a high GDP?
1. Fourth highest in total natural resources.
2. Called as an energy superpower because it has the third biggest proven petroleum reserves.
3. Stability in Government & ranks among the least corrupt country in the world.
4. Highly globalized economy.

09.Brazil

Nominal GDP: $2.972 trillion
GDP (PPP): $11.468 trillion

Brazil is South America’s biggest and most populated country.
Brazil is among the world’s ninth-biggest economies of the world in 2019, recovering from a socialism-focused economy with a nominal GDP of $1.868 trillion in 2018.
The nation is renowned for its textile, shoe, cement, lumber, iron ore, and tin sectors.
This results in a comparatively powerful industry of agriculture, which accounts for about 6% of the total GDP.
Services (72.8%) and industrial manufacturing (21%) sectors, yet, still account for most of the country’s GDP, as in most modern industries.
Brazil continues to recover from a strong 2015 and 2016 recession.
Before the crisis, it revealed financial products in the nations to be considerably greater in 2013 and 2014 at nearly USD 2.5 trillion.
Why is brazil a rich country?
1. An enormous amount of natural resources like gold, uranium, iron, and timber.
2. The booming manufacturing industry as exports is increasing.

08.Italy

Nominal GDP: $2.072 trillion
GDP (PPP): $2.397 trillion

Italy holds the eighth position in top GDP countries.
Despite the nation suffering from political unrest, economic stagnation and the absence of important changes that hold it back.
The industry reported contractions of 2.4% and 1.8% in 2012 and 2013, but in the past few years, the economy has strengthened.
It remains burdened by various long-standing leadership issues, including a rigid labor market, Stagnant productivity, high tax rates,
Big, though decreasing numbers of non-performing loans in the banking sector; and high government debt.
These weaknesses limit the financial growth of the country, maintaining its viewpoint for development below that of its counterparts in Europe.
Its unemployment level remains double-digit, while its government deficit stays tight at around 132% of GDP.
On the positive aspect, financial growth is driven by exports and growth in investments.
What is Italy’s economy based on?
1. It is among eight largest exporters in the world.
2. Profitable exports include high-quality automobile, naval, industrial, various appliances, agricultural products, wine (Italy is the largest wine producer).
3. It is the third biggest luxury hub in the world & the biggest in Europe.

07.France

Nominal GDP: $2.761 trillion
GDP (PPP): $3.054 trillion

France’s economy accounts for about one-fifth of the European Union’s total gross domestic product (EU GDP).
Services are the main contributor to the economy of the country, with this industry accounting for over 70 percent of GDP.
France is one of the world’s leading manufacturers in the automotive, aviation and rail industries, and cosmetics and luxury goods.
Besides, it has a highly educated workforce and the largest number of science graduates in Europe per thousand workers.
The French economy has sustained the financial crises comparatively well compared to its peers.
Partially protected by low dependence on external trade and stable levels of private consumption, France’s GDP declined only in 2009.
Recovery, yet, has been rather slow and high unemployment levels and continues to be an increasing problem for policymakers, particularly among youth in this seventh strongest economy.
Why is France so wealthy?
1. Tourism is an important factor, as France is the most visited tourist destination in the world.
2. Sixth largest agricultural producer in the world & EU’s biggest.
3. It focuses less on the import of fossil fuels, as most of its energy requirements are self-reliant.
4. Fourth largest Military & Arms exporter in the world.
5. Exports include aeronautics, pharmaceutical products, metals, and beverages.

06.India

Nominal GDP: $2.972 trillion
GDP (PPP): $11.468 trillion

The nation lists the third position as the largest economies in the world 2019 when comparing GDP of $11.468 trillion in purchasing power parity. The large population of India drags its nominal GDP percent down to $2,199 when it gets to calculating nominal GDP per capita.We expect India to surpass both the United Kingdom by 2020 to become the world’s fifth-biggest economy with a nominal GDP of USD 2.9 trillion.Today, its service sector is the world’s fastest-growing sector, adding to its economy by over 30 percent.Manufacturing continues one of its key industries and with regular encouraging because of momentum through the initiatives of the government such as “Make in India.”Despite its agricultural sector’s input has decreased to about 47%, it is still much higher compared to the western countries. Because of a falling rupee, a high current account balance, and weak industry growth, India started to see a development decline in previous years.The U.S. intensified this by choice to break quantitative easing as investors started pulling cash out of India quickly. Recently, its financial growth has exceeded China, making India as fastest growing economy in the world.
Why is India a developing country?
1. Energy-wise, India is the second-largest coal producer, the second-largest steel producer, and the third-largest electricity producer in the world.
2. Top exports include refined petroleum products, agricultural products, precious gems and jewelry, machinery, Pharma, IT services, Textile, etc.

05.UK

Nominal GDP: $2.829 trillion
GDP (PPP): $3.128 trillion

The UK, with a GDP of $2.829 trillion, holds the fifth spot in GDP by country in 2019-2020.
Compared to GDP by purchasing-power-parity, UK drops to the ninth spot with a $3.128 trillion.
It stands 22nd in per capita GDP amounting to $44,177
We project its nominal GDP in 2019 at $2.96 trillion, but we expect its ranking to slip to seventh place by 2023 with $3.47 trillion in GDP.
The UK’s is powered mainly by the services sector, which adds over 75% of GDP with manufacturing, the second prominent sector followed by farming.
There is still time to complete the Brexit negotiations between the UK and the EU,
which resulted in a fall in capital markets pushing FTSE 100 down from its all-time high in May 2018.
Growth is likely to slow next year as Brexit’s uncertainty, which will depress private consumption growth and fixed investment.
But, a stronger external sector and stable worldwide supply could reduce the slowdown.
By 2020, with a nominal GDP of USD 3.2 trillion, the UK will remain in the top five strongest economies table.
Why the UK is so rich?
1.Highly mechanized & efficient Agricultural sector.
2. Strong Financial & Service based sector.

04.Germany

Nominal GDP: $4 trillion
GDP (PPP): $4.356 trillion

Germany is not only the largest but also the strongest economy in Europe. On a worldwide scale, with a $4 trillion GDP, it is the fourth largest nominal GDP economy. The purchasing power parity output of its GDP is $4.35 trillion, while per capita GDP is $48,264 (16th).Germany majorly depends on exports of capital goods, automotive machinery & types of equipment.It is one of the biggest iron, steel, coal, chemicals, machinery, automobiles, and machine tools suppliers in the world.Germany has introduced Industrie 4.0 — its strategic plan to develop the nation as a leading market and supplier of advanced production solutions — to sustain its production power in the present worldwide situation.
Why is Germany so rich?
1. German machinery manufacturing is very high compared to its peers for this its exports are more valuable than other manufacturing exporters in the world (like China).
2. Low national spending & stable interest rates.
3. Good in natural resources spend less on imports.

03.Japan

Nominal GDP: $5.18 trillion
GDP (PPP): $5.75 trillion

In terms of nominal GDP projections, the Japanese economy stands third at USD 5.2 trillion in 2019.
Before the 1990s, Japan was today’s China’s equivalent, exploding in the 1960s, 70s, and 80s.
Since then, however, Japan’s economy has not been as spectacular in terms of development.
With the 2020 Olympics, its economy will gain some boost that keeps the capital flow steady, supported by the Bank of Japan’s lax monetary policy.
Japan’s nominal GDP is $4.97 trillion, which at the close of this financial year is expected to rise to $5.18 trillion.
Japan drops to fourth place when GDP is evaluated in the surplus of PPP; GDP (PPP) in 2018 amounted to $5,594 billion, while GDP per person was $39,306 (24th place).
Why is Japan so rich?
1. Overall national philosophy in all aspects of high efficiency which includes manufacturing, services & governance with an emphasis on investment.
2. Active promotion of Big & Small corporate companies into a globalized market.

02.China

Nominal GDP: $14.2 trillion
GDP (PPP): $27.3 trillion

Over the previous few decades, China has seen exponential growth, breaking down the obstacles of a centrally planned communist economy to become the world’s production and export hub.For its enormous manufacturing and export capacity, we often refer China to as the “world’s factory.” Over the years, the role of services has gradually risen and that of manufacturing has relatively decreased as a contribution to China GDP per capita.Back in 1980, China was the seventh-largest economy with $305.35 billion in GDP, while the U.S. was then $2.86 trillion. The Asian giant has seen an average annual financial development of 10% per year since it launched market reforms in 1978. The rate of development has slowed in recent years, although it stays strong compared to other countries.With relation to PPP GDP, China is the biggest economy with $27.3 trillion of GDP (PPP) in 2019. China’s GDP (PPP) would amount to $37.06 trillion by 2023. The vast population of China is bringing its GDP percent down to $10,153.Highly in doubt, about its future stability considering ongoing trade war but China is the second-biggest economy in the world. The state has adopted a new approach to the financial policy called the “new normal.” Authorities are implementing a controlled slow down to prevent overheating the market, which has been slowing development year after year since 2010. In 2019, we expect the economy to develop by 6.3 percent, which is nothing to look at but a far cry from the annual growth of over 10 percent seen not too long ago.
How China is developing so fast?
1. Despite being a communist country by adopting ‘Economic Capitalism’ it opened doors to a new Globalized Market.
2. Extreme Manufacturing & low costs exports.
3. An authoritarian government who has to focus long term plans rather than short term policies to please public.
4. Very low artificial interest rates.

01.United States of America

Nominal GDP: $21.3 trillion
GDP (PPP): $21 trillion

Since 1871, the U.S. has maintained its place as the world’s biggest economy.
The U.S. is often referred to as a financial superpower, and this is because the economy is almost a third of the global economy supported by modern infrastructure, technology, and natural resource wealth.
While the U.S. industry is service-oriented, adding nearly 80% of its GDP, the production adds only about 15% of its output.
The US also has the world’s most technologically strong economy with diverse sectors such as oil, iron, automotive, aerospace, chemicals, electronics, food processing, and consumer goods.
Large U.S. corporations also perform a significant part on the worldwide level, with over one-fifth of the Fortune Global 500 companies coming from the U.S. GDP is forecast to expand by 2.5% in 2019 and by 1.7% in 2020.
Why USA is so rich?
I frankly cannot answer this question in a very short answer, the main reason is,
America was, is & will be forever Land of Opportunity which attracts talent all across the world since the country formed.

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