Following are the list of monopolies in the Indian markets i.e. the companies that enjoy the status of being a monopoly: (Company – Market Share)
1. IRCTC – 100%
IRCTC is a state-owned entity and the only player in the Indian markets that operate in the Industry. This makes it a monopoly as consumers have no other alternative. The company was founded in the year 1845. It is one of the largest railways in the world and is one of the world’s largest employers. Rail networks are generally considered as ‘ Natural Monopolies’. This is because only one train can use the rack at a given time.
2. CDSL– 100%
CDSL CDSL (Central Depository Services limited). When you trade assets (such as stocks, bonds, ETFs, mutual funds, government securities, treasury bills, and so on), CDSL keeps track of your holdings and transactions in dematerialized form. In India, there are just two such companies: NSDL and CDSL. CDSL is preferred by many brokers over NSDL.
3. CAMS– 70%
CAMS (Computer-Age Management Services) assists mutual funds with report maintenance, data administration, and registration and transfer agent services (RTA). CAMS has a 70% market share and a market capitalization of Rs 13800 crore. In the last five years, the mutual fund business has grown significantly. Four of the top five mutual funds are among CAMS' mutual fund clients. CAMS has a distinct advantage because the entry barrier to this market is quite high, and replacing the company is extremely tough
4. IEX– 100%
The Indian Energy Exchange is the country's major electricity exchange. It's an online marketplace where buyers and sellers of electricity can exchange. It improves the electricity market's accessibility and transparency, as well as the speed and efficiency with which trades are executed. The amount of spot power traded on the exchange is steadily increasing. As the pandemic fades, the country's electricity demand continues to rise. However, this is another company that may be bought on the cheap for a long-term investment.
5. MCX– 92%
India's first commodities derivative exchange is the Multi Commodity Exchange. It enables commodity derivative trades to be traded online. A wide selection of commodities can be traded with an MCX trading account. With a market share of over 92 percent in India's commodities exchange sector, MCX has a near-monopoly.
6. HAL – 100%
The Hindustan Aeronautics India Limited represents the Indian aviation industry and plays a very important role in the Indian defense sector. The company a set up in 1940 by Walchand Hirachand and the Government of Mysore, with the aim of manufacturing aircraft in India. Today the company is state-owned and is associated with designing, fabricating, and assembling aircraft, jet engines, helicopters, and their spare parts
7. Nestle – Cerelac – 96.5%
Cerelac is the brand of instant cereal made by Nestle for infants 6 months and older as a supplement for breast milk. Nestle is one of the worlds leading nutrition, health, and wellness company which was set up in 1866 in Switzerland. It has spent more than a century in the Indian markets over the years has become an undisputed market leader in the baby food segment. It has an undisputed market share of 96.5% despite functioning in an open to all industry.
8. Hindustan zinc – 78%
Hindustan Zinc Ltd. is the world’s second-largest zinc-lead miner and holds a 78% market share in India’s primary zinc industry. The company was incorporated as Metal Corporation of India in 1966 as a Public sector undertaking. Today the company is a subsidiary of Vedanta Limited which owns a 64.9% stake in the Company while the Government of India holds a 29.5% minority stake.
9. Pidilite – 70%
Pidilite’s product range includes adhesives and sealants (Fevicol and M-seal), construction and paint chemicals (Dr. Fixit), automotive chemicals, industrial adhesives, and industrial & textile resins. It is the leader in the adhesive and industrial chemical market with a market share of 70%.
10. CONCOR – 68.52%
Container Corporation of India Limited (CONCOR) is a Public Sector Undertaking managed by the Indian Ministry of Railways. The company was set up in 1966 with the aim of containerizing cargo transport in the country. Concor’s core businesses include that of cargo carrier; terminal operator, warehouse operator & MMLP operation. They hold a market share in domestic business of 68.52% in 2019-20.
11. Coal India – 82%
Coal India Limited is a coal mining and refining company. It is also the world’s largest coal-producing company in the world. It is owned by the Union government of India and is managed by the Ministry of Coal. The company contributes up to 82% of the total coal production in India. It was only this year that the government announced that the coal sector would now be opening up for commercial mining possibly ending its monopoly in the future.
12. ITC- 77%
Although the company has diversified into a conglomerate in the last century. Despite this, its cigarette business still holds 77% a strong position in the Indian markets. This can be attributed to the expertise the company has developed in the field and a willingness to develop products to match the evolving taste of different types of consumers.
ITC’s wide range of brands includes Insignia, India Kings, Classic, Gold Flake, American Club, Navy Cut, Players, Scissors, Capstan, Berkeley, Bristol, Flake, Silk Cut, Duke & Royal. Apart from a market experience, another advantage that the brand has is its supply chain and distribution network which spans across the country.
13. Marico – Oil Products – 73%
Marico is one of the well-known FMCG companies in India but the majority of its success lies in its two brands ‘Saffola’ and ‘Parachute’. The company has come a long way in the segment despite being around for only 3 decades. Safola which competes in the premium refined edible oil segment has maintained its market leadership with a share of 73%. ‘Parachute’ on the other hand holds a market share of 59%. These also form up to 90% of their income.
14. Zydus Wellness 94%
With consumers increasingly becoming health conscious and opting for sugar substitutes, Zydus Wellness feels its brand `Sugar Free has the potential to double its sales in the next three to four years.
`Sugar Free has 94 per cent market share in the sugar substitute category, which is estimated to be Rs 300-350 crore market.
"We are focused on developing this category. We believe Sugar Free as a brand could grow much faster and double in the next three to four years as more and more consumers adapt to Sugar Free," Zydus Wellness Chief Operating Officer Tarun Arora told PTI.