Indian brands have witnessed a growth in sales and brand name over the years. We today have numerous brands that have become a rage not just in the country but overseas as well. While the list is long, we bring you 4 brands that have become a global name with its roots in the country.
Monte Carlo
Monte Carlo Fashions Limited is an Indian clothing company that is an apparel retailer and manufacturer of woolen and cotton garments for men, women, and kids.
Monte Carlo was established in 1984 by Oswal Woollen Mills Limited and is owned by parent company Nahar Group which is based in Ludhiana, Punjab.
As of March 2014, there were 191 Monte Carlo Exclusive Brand Outlets’ in India, and two are in Dubai & Kathmandu respectively and over 1,300 multi-brand outlets across India. Monte Carlo has been awarded the Superbrand status. In the previous year, the brand has reported a turnover of Rs 570 crores appx. with an 11 percent increase.
Hero Cycles
Hero Cycles was established in 1956 in Ludhiana Punjab and started with manufacturing bicycle components. Today, Hero Cycles is one of the world’s largest manufacturers of bicycles and producing 19,000 cycles per day. Hero Cycles is part of Hero Motors Company.
At present, Hero cycles exports to over 70 countries including Germany, Poland, Africa, Finland, UK, and Europe, etc. The company has over 250 suppliers network, approx. 2800 dealerships & over 7610 employees.
Pankaj M Munjal is the chairperson of the company. Under his management, the company reported ₹26 billion in revenue for 2017-2018.
Medimix
Medimix is an Indian brand of ayurvedic/herbal soap manufactured and marketed by Cholayil Private Limited, a Chennai-based company. The brand was founded by Dr. V. P. Sidhan from Valapad, Kerala.
Inc 5
Inc 5 is not just a brand but a success story of a brother-sister duo who turned their grandfather’s business into a Rs 160 crore business. It was in 1998 when Almas Nanda started Inc.5 at the age of 24 to provide women with footwear that were stylish as well as comfortable.
Inc.5 shoes are found in 300 stores across India. Inc.5 footwear collection is also listed on e-commerce portals like Amazon, Flipkart, Myntra, and Jabong.
