Piramal, Jubilant among global top 10
In several other lists of top ten contract companies in various sectors, like electronics, pharmaceuticals and auto parts, Indian companies find mention in only one.
Piramal Healthcare and Jubilant Life Sciences rank 5 and 6 respectively in the list of top 10 pharmaceutical contract manufactures, featured in the report.
With contract manufacturing revenues of $735 million and $710 million, respectively, Piramal and Jubilant were the only two Indian companies to make the list, with the top spot going to Catalent Pharma Solutions of the US.
The report also had data on the top 15 outsourcing IT-BPO service providers. Here, too, only two Indian companies make the cut—Tata Consultancy Services in 11th place with an IT-BPO revenue of $5,164 million, and Wipro in 13th place with a revenue of $4,189 million. Indian companies do not find a place in the lists of top 10 global semiconductor foundry contract manufacturers, global franchise chains, electronics and auto parts.
A list of cross-borders M&A deals worth over $3 billion in 2010 found only one Indian deal mentioned—the acquisition of Piramal Healthcare by Abbott Laboratories for $3.7 billion, at 26th place out of 43 such deals.
On foreign direct investment (FDI),
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