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A monopoly is a company that exists
in a market with little to no competition and can therefore set its
terms and prices when facing consumers, making them highly profitable.
Here are some of the monopoly companies in India.
IRCTC
Indian
Railway Catering and Tourism Corporation Ltd. (IRCTC) is a “Mini Ratna
(Category-I)” Central Public Sector Enterprise under the Ministry of
Railways, Government of India.
Indian Railway Catering and Tourism
Corporation is an Indian public sector undertaking that provides
ticketing, catering, and tourism services for the Indian Railways.
Coal India
Coal
India Limited is an Indian central public sector undertaking under the
ownership of the Ministry of Coal, Government of India. It is
headquartered in Kolkata. It is the largest
government-owned-coal-producer in the world. It is also the seventh
largest employer in India with nearly 272,000 employees.
ITC (India Tobacco Company Limited)
ITC
Limited is an Indian conglomerate company headquartered in Kolkata. ITC
has a diversified presence across FMCG, hotels, software, packaging,
paperboards, specialty papers, and agribusiness industries. The company
has 13 businesses in 5 segments. It exports its products to 90
countries.
Hindustan Aeronautics.
Hindustan Aeronautics Limited (HAL) is an Indian public-sector aerospace and defense company, headquartered in Bangalore.
Established on 23 December 1940, HAL is one of the world's oldest and largest aerospace and defense manufacturers.
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