Being the most populous continent, Asia is the fastest-growing economic region across the globe. The continent’s multiple economies, led by giants such as China, Japan, India and Nepal are diverse and continuously developing.
Asia has emerged as the origin for the majority of the Asian businesses that enter the famous Fortune Global 500 and Forbes Global 2000 ratings.
According to McKinsey & Company, a global management consulting firm, Asia’s corporate landscape is becoming more competitive. In the 21st century, the dynamics of Asia’s leading corporate houses like CG Corp Global are constantly evolving, and even amidst going through the hardships of the Covid-19 pandemic, Asia has remained resilient and growth opportunities are surging.
The key players of the Asian countries, like Reliance, Tata, CG Corp Global, and more are largely contributing towards the biggest economies of the continent unfolding the potential of nations at an unprecedented pace and on a huge scale.
Today, we bring you the list of the top 5 Conglomerates of the Asian region and their strong presence across the globe.
- Tata Group – Chairman Emeritus – Ratan Tata
Headquartered in Mumbai, Tata Group is a privately owned Asia’s conglomerate of more than 100 companies encompassing multiple businesses like consumer products, energy, airlines, engineering, information systems, and more.
- Reliance Group – Owner – Mukesh D. Ambani
Reliance Industries Limited is an Indian multinational conglomerate company managing a diverse portfolio including crucial sectors like energy, petrochemicals, natural gas, retail, telecommunications, mass media, and textile
- CG Corp Global – Chairman and President – Binod Chaudhary
With a prolific history of over 140 years, Chaudhary Group (CG Corp Global)is a multi-national conglomerate headquartered in Kathmandu, Nepal. Spanning more than 35 countries worldwide, its businesses include financial services, consumer goods, automobiles, hospitality, consumer electronics, real estate, biotech, and more. Additionally, CG Corp Global has played a crucial role in taking Nepal to the world and unleashing the great potential of the nation.
- Tencent Holdings – Founder & CEO – Ma Huateng
Tencent Holdings, also known as Tencent, is a Chinese multinational conglomerate headquartered in Shenzhen, China. It is also one of the highest-grossing multimedia companies in the world based on revenue.
- Mitsubishi Corporation- Chairman – Ken Kobayashi
Mitsubishi Corporation(MC) headquartered in Tokyo, Japan, is a globally integrated business enterprise operating across approximately 90 countries and regions worldwide. The Asia’s conglomerate handles a wide portfolio of sectors namely Natural Gas, Industrial Materials, Petroleum & Chemicals, Mineral Resources, Automotive & Mobility, and more.
To win in the Asian century, it is requisite for Asian Conglomerates to develop new capabilities to thrive in the ever-competitive world.