The Indian subsidiaries of global multinationals like Unilever, Suzuki, Siemens, Colgate-Palmolive and ABB are running at double the pace of their global parents in terms of market value. Multinational companies’ Indian arms listed on Dalal Street now account for 6.3 per cent of their global parents’ market capitalisation, against 3.1 per cent at the beginning of 2013.
Maruti Suzuki and Hindustan Unilever are the biggest contributors to this surge. At its current stock price, Maruti’s market capitalisation is nearly 50 per cent more than its Japanese parent ...
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First Published: Sat, January 27 2018. 00:10 IST
