Indian conglomerate

An Indian conglomerate is a large business that owns and operates several diverse companies across different industries. These can include sectors like manufacturing, technology, finance, and consumer goods. Conglomerates are structured to manage risks by spreading investments across various markets, which can help stabilize revenue. Notable examples in India include Tata Group and Aditya Birla Group. They often engage in both domestic and international business, leveraging resources and expertise across their subsidiaries to enhance growth and innovation. This diversified approach enables them to adapt to changing economic conditions more effectively.