These days people are more inclined towards buying branded things. You might hear some of the most popular brands in the world, but you will be surprised to know that Indian Businessmen own some of the popular foreign brands. Here is the list of famous foreign brands owned by Indian Businessmen.
Hamleys: Mukesh Ambani
Hamleys is a British multinational toy retailer founded by William Hamley in High Holborn, London in 1760. Initially, it was founded as Noah’s Ark then named after founder William Hamley. It is the world’s largest and oldest toy shop. When it was a downturn in 1920, the company’s largest creditor Lines Bros purchased the company. Then it was bought by the Iceland investment company Baugur Group. Then it was moved to the hands of France-based companies and Chinese companies and finally, it was purchased by Reliance Retail in 2019 for 67.96 million. It has revenue of 5.5 million and operates in 15 locations in the UK and has 90 international franchises.
Royal Enfield: Eicher Motors
The history of Royal Enfield starts in 1901 when its first motorcycle came to the market. In 1955, the Redditch Company and Madras Motors joined to form Enfield India and assembled 350 cc Royal Enfield Bullet as it had received an order from the government to use in the army. In 1971, the Redditch Worcestershire-based company was closely followed by the end of production in 1970. After some dispute in the use of the name Royal in the brand, the judgment passed in the favour of Enfield of India and the Brand Royal Enfield came back in the market. In 1994, Enfield India was acquired by Eicher Group and renamed Royal Enfield Motors Limited. Now it is the oldest motorcycle brand in the world.
Jaguar And Land Rover: Tata
A brand Jaguar is owned by Jaguar Land Rover, a British multinational car manufacturer having headquarters in Coventry, England. It was originally founded as a sidecar company in 1922. After several mergers and acquisitions, in 1990 Ford acquired the company after it had split off from British Leyland. In 2000, Ford bought Land Rover. Finally, it came to the hands of Tata motors in 2008. Tata Motors merged the Jaguar and Land Rover in 2013 and created Jaguar Land Rover Limited.
Land Rover is a British brand owned by multinational car manufacturer Jaguar Land Rover. It was acquired by Tata Motors in 2008. The Land Rover is founded by British Leyland and its name Land Rover was created by the Rover Company in 1948.
Mukesh Ambani Has The Major Share In Mandarin Oriental, New York
Mukesh Ambani has the major share in the Iconic Luxurious hotel Mandarin Oriental New York. The Reliance Industrial Investments and Holdings Limited will be going to get a share of 73.4% stack in the Iconic property and the share value is about $98.1 million. The Name Mandarin Oriental was established after the merger of Mandarin International Hotels Limited and The Oriental’s holding company. The Mandarin Oriental New York started in 2003 and now has a total of 33 properties worldwide and the major properties are owned by MOHG.
These are the famous foreign brands owned by Indian Businessmen.