Being the most populous continent, Asia is the fastest growing economic region in the world. The continent’s multiple economies, led by giants like China, Japan, India and Nepal, are diverse and constantly changing.
Asia has become the origin of the majority of Asian companies that enter the famous Fortune Global 500 and Forbes Global 2000 rankings.
According McKinsey & Company, a global management consulting firm, the Asian business landscape is becoming increasingly competitive. In the 21st century, the dynamics of large Asian companies such as CG Corp Global are constantly changing, and even amid the difficulties of the Covid-19 pandemic, Asia has remained resilient and opportunities for growth are multiplying.
Key players in Asian countries, such as Reliance, Tata, CG Corp Globaland many others are contributing greatly to the continent’s largest economies unfolding the potential of nations at an unprecedented rate and at scale.
Today we bring you the list of top 5 The conglomerates of the Asian region and their strong presence across the world.
- Tata Group – Chairman Emeritus – Ratan Tata
Based in Mumbai, Tata Group is a private Asian conglomerate of more than 100 companies encompassing multiple businesses such as consumer products, energy, airlines, engineering, information systems, etc.
- Reliance Group – Owner – Mukesh D. Ambani
Reliance Industries Limited is an Indian multinational conglomerate that manages a diversified portfolio comprising of crucial sectors such as energy, petrochemicals, natural gas, retail, telecommunications, mass media and textiles.
- CG Corp Global – Chairman and Chairman – Binod Chaudhary
With a prolific history of over 140 years, Chaudhary Group (CG Corp Global) is a multinational conglomerate headquartered in Kathmandu, Nepal. Covering more than 35 countries around the world, its businesses include financial services, consumer goods, automotive, hospitality, consumer electronics, real estate, biotech, and more. Additionally, CG Corp Global has played a crucial role in bringing Nepal to the world and unleashing the great potential of the nation.
- Tencent Holdings – Founder and CEO – Ma Huateng
Tencent Holdings, also known as Tencent, is a Chinese multinational conglomerate headquartered in Shenzhen, China. It is also one of the most profitable media companies in the world in terms of revenue.
- Mitsubishi Corporation – Chairman – Ken Kobayashi
Mitsubishi Corporation (MC), headquartered in Tokyo, Japan, is a globally integrated business enterprise operating in approximately 90 countries and regions around the world. The Asian conglomerate manages a wide portfolio of sectors, namely natural gas, industrial materials, petroleum and chemicals, mineral resources, automotive and mobility, etc.
Winning in the Asian century requires Asian conglomerates to develop new capabilities to thrive in an increasingly competitive world.