Powai is a suburb located in the northeastern part of Mumbai, India. It is a beautiful locality that has grown significantly over the past few years. The place is known for its picturesque surroundings, luxurious apartments, and high-end hotels. Powai is an ideal place to reside for those looking for a peaceful lavish environment and easy connectivity to the city.
Powai has an excellent transportation system, with easy access to both the Western and Central railway lines. It is also connected to the Mumbai Metro, making commuting easier for those who work in other parts of the city. The Chhatrapati Shivaji International Airport is just a 20-minute drive from Powai, making it an ideal location for frequent travellers.
Apart from its natural beauty and excellent infrastructure, Powai also has a vibrant social scene. The place has a variety of restaurants, cafes, and pubs that cater to all kinds of tastes and preferences. There are also several clubs and societies that organize events and activities for residents, making it an ideal place to build a community. Powai also has a variety of shopping centres, restaurants, and cafes, making it a popular destination for foodies and shoppers alike.
It is a vibrant neighbourhood with a mix of residential and commercial areas. Powai is a thriving business district in Mumbai, India, that is home to several top companies across various industries. From technology giants to multinational corporations, Powai has a diverse range of companies that have made their mark in the business world. In this blog, we will take a closer look at some of the top companies in Powai.
Let’s get to know some of the top companies in and around the Powai area –
1. Larsen & Toubro (L&T)
With operations in over 30 countries, L&T has become a leading engineering and construction company that has played a significant role in the growth and development of India’s infrastructure. It is a multinational engineering and construction company based in Mumbai, India. The company was founded in 1938 by two Danish engineers, Henning Holck-Larsen and Søren Kristian Toubro.
The company’s diverse portfolio of businesses, commitment to sustainable development, and focus on innovation have contributed to its success and made it one of the most respected companies in India.
Address – L&T Business Towers, Gate No. 3, L&T Powai Campus, Saki Vihar Road, Powai, Mumbai, India.
2. Tata Consultancy Services (TCS) –
With a workforce of over 500,000 employees, TCS has become one of the largest IT services companies in the world having its presence in over 46 countries. TCS is an Indian multinational information technology (IT) services, consulting, and business solutions organization. It was founded in 1968 by Tata Sons, and it is headquartered in Mumbai, India.
TCS is known for its strong commitment to sustainability and social responsibility. The company has implemented various initiatives to reduce its environmental impact and support local communities
Address – Kensington ‘B’ Wing, Kensington Rear Exit Road, Powai, Mumbai, Maharashtra 400076
3. Hiranandani Group –
It is a leading real estate developer in India, known for its premium residential and commercial projects. Hiranandani Group has been active in the real estate industry for over four decades and has delivered many prestigious projects across India. In Powai, the company has developed a premium township called Hiranandani Gardens, which is spread over 250 acres and comprises of residential, commercial, and retail spaces. The company has received several awards and recognitions for its contribution to the real estate sector, including the Best Design for Community Living award at the Realty Plus Excellence Awards.
Address – 4W97+V46, Central Ave, Hiranandani Gardens, Sainath Nagar, Powai, Mumbai, Maharashtra 400076
4. Accenture –
Accenture is a global professional services company that offers a range of consulting, technology, and outsourcing services. It was founded in 1989 and is headquartered in Dublin, Ireland. This is considered as one of the top MNCs which has its presence in over 120 countries and it employs more than 500,000 people worldwide.
The company has launched initiatives to support education, skills development, and entrepreneurship, and has pledged to donate $1 billion in services and resources to help nonprofits and NGOs around the world. It has its office in Vikhroli which is approx 7km away from Powai.
Address – Plant 3, Godrej & Boyce Complex, Lal Bahadur Shastri Road, Pirojshanagar, Vikhroli West, Mumbai, Maharashtra, India, 400079
5. Nomura –
Nomura is a Japanese multinational financial services company that provides investment banking, securities, and asset management services. It was founded in 1925 and is headquartered in Tokyo, Japan. Nomura’s services include investment banking, institutional securities, retail securities, asset management, and merchant banking. The company serves a wide range of clients, including corporations, governments, financial institutions, and individuals.
Nomura has a strong presence in India, with offices in Mumbai and other cities. The workforce of over 26,000 worldwide plays a key role in serving seamless services to clients in India and other countries.
Address – Nomura Building, Hiranandani Gardens, Powai, Mumbai, Maharashtra 400076
6. Deloitte –
Deloitte is a global professional services firm that provides a range of consulting, audit, tax, and advisory services to clients in various industries. The firm was founded in 1845 and is headquartered in London, UK. This top company has a strong presence in India, with offices in various cities, including Mumbai, Bangalore, and Delhi. Deloitte’s services include consulting, audit and assurance, risk advisory, tax, and financial advisory services. The firm serves clients in various industries, including technology, healthcare, financial services, and consumer products.
With a presence in over 150 countries, it employs more than 330,000 people worldwide.
Address – 2nd Floor Fairmont, Hiranandani Business Park Powai, Maharashtra 400076.
7. JPMorgan Chase –
JPMorgan Chase is a multinational investment bank and financial services company headquartered in New York City. The company is one of the largest banks in the world by assets and market capitalization. JPMorgan Chase provides a wide range of financial services to consumers, small businesses, corporations, and governments, including commercial banking, investment banking, asset management, wealth management, and treasury services.
JPMorgan Chase was formed in 2000 through the merger of J.P. Morgan & Co. and Chase Manhattan Corporation and today it employs over 250,000 people.
Address 1 – Gate No. 5, Saki Vihar Road, Powai, Bombay, Maharashtra, India 400072
Address 2 – L and T Business Park, Gate no 5, Jogeshwari – Vikhroli Link Rd, New Mhada Colony, Savarkar Nagar, Chandivali, Powai, Mumbai, Maharashtra 400072
8. Cognizant –
Cognizant is an American multinational technology company that provides digital, technology, consulting, and operations services to businesses worldwide. The company is headquartered in Teaneck, New Jersey, and was founded in 1994 as an in-house technology unit of Dun & Bradstreet Corporation. Cognizant operates in various industries, including financial services, healthcare, manufacturing, retail, and technology.
Cognizant has a global workforce of over 300,000 employees and has been listed as one of the Fortune 500 companies since 2011.
Address – 12th & 13th Floor, “A” Wing, Kensington Building, Hiranandani Business Park, Powai, Mumbai, Maharashtra 400076
9. Colgate Palmolive India Ltd (CPIL) –
Colgate Palmolive India Ltd (CPIL) is a subsidiary of Colgate-Palmolive Company, a global consumer products company headquartered in the United States. CPIL was incorporated in India in 1937 and is headquartered in Mumbai. The company is primarily engaged in the manufacturing and sale of oral care and personal care products.
Some of the popular brands of CPIL include Colgate Dental Cream, Colgate Active Salt, Colgate MaxFresh, Colgate Total, Palmolive Naturals, Palmolive Aroma Therapy, Palmolive Thermal Spa, and Protex soap.
CPIL has won several awards and recognitions for its contribution to the Indian market, including the ‘Most Trusted Oral Care Brand’ by Brand Equity’s Most Trusted Brands Survey in 2020, and the ‘Best Companies to Work for’ by the Great Place to Work Institute in India for several years.
Address – Colgate Research Centre, Main St, Hiranandani Gardens, Sainath Nagar, Powai, Mumbai, Maharashtra 400076
10. Prudential Global Services –
Prudential Global Services is a subsidiary of Prudential Financial, Inc., a Fortune 500 company and one of the largest financial services providers in the world. Prudential Global Services leverages its global presence to deliver cost-effective and high-quality solutions to its clients, enabling Prudential to focus on its core business of providing financial products and services.
Prudential Global Services has won several awards for its services, including the ‘Best Offshore Provider’ at the 2019 HFM US Hedge Fund Services Awards, and the ‘Excellence in Corporate Social Responsibility’ award at the 2019 Asia Outsourcing Leadership Awards.
Address – Midc Central Road, Santacruz Electronic Export Processing Zone, Andheri East, Mumbai, Maharashtra 400093
11. Kellogg India Pvt ltd –
Kellogg India Pvt Ltd is a subsidiary of Kellogg Company, an American multinational food manufacturing company. Kellogg India was established in 1994 and is headquartered in Mumbai, India. The company produces a range of breakfast cereals, snacks, and convenience foods that are marketed under various brand names, including Kellogg’s, Pringles, Corn Flakes, Special K, Chocos, and Pop-Tarts, among others.
The company also engages in various social initiatives, such as providing breakfast to underprivileged children, supporting farmers, and promoting sustainability.
Address – 1001-1002, 10th Floor, Hiranandani Knowlwdge Park, Hiranandani Business Park, Powai, Mumbai, Maharashtra 400076
12. Wipro –
Wipro Limited is an Indian multinational corporation that provides information technology, consulting, and business process services. The company was founded in 1945 by Mohamed Premji in Mumbai. Wipro offers a range of services, including application development and maintenance, data centre management, cloud computing, digital strategy consulting, and cybersecurity. In addition to its IT services, Wipro also operates businesses in consumer care and lighting, where it produces personal care products and lighting solutions, respectively.
Address – Spectra, High St, Hiranandani Gardens, Powai, Mumbai, Maharashtra 400076
13. CRISIL –
CRISIL is a global analytical company headquartered in Mumbai, India. It provides ratings, research, and risk and policy advisory services. CRISIL’s rating division provides credit ratings, research, and risk assessment services to a variety of stakeholders, including banks, financial institutions, corporations, and governments. CRISIL’s ratings division provides credit ratings, research, and risk assessment services to a variety of stakeholders, including banks, financial institutions, corporations, and governments.
Address – Hiranandani Business Park, Central Ave, Hiranandani Gardens, Powai, Mumbai, Maharashtra 400076
14. Sanofi –
Sanofi India Limited is a subsidiary of Sanofi, the global pharmaceutical company headquartered in Paris, France. Sanofi India was established in 1956 and is headquartered in Mumbai, India. The company is focused on the research, development, manufacturing, and marketing of pharmaceutical products, including prescription drugs and consumer healthcare products. Sanofi India operates in various therapeutic areas, including diabetes, oncology, cardiovascular disease, and vaccines. The company has a strong presence in India and a robust research and development program focused on developing innovative and affordable treatments for patients in India and other countries.
Address – CTS No.117-B L & T Business Park, Saki Vihar Rd, Powai, Mumbai, Maharashtra 400072
15. FIS global –
FIS Global is an American-based company that provides technology solutions to financial institutions, businesses, and individuals worldwide. The company offers a wide range of services such as software solutions for banking and payments, risk management, asset management, insurance, and wealth management. The company has a presence in more than 130 countries and employs over 55,000 people globally. It is considered to be one of the largest fintech companies in the world, with a market capitalization of over $90 billion as of 2021.
Address – 4W77+G84, Fairmont Bldg Business Park, Hiranandani Gardens, Powai, Mumbai, Maharashtra 400076
Considering all of the top companies in Powai, many people do migrate here but finding an affordable apartment on rent is quite tough in Powai as it’s a highly demanding locality. The rent is slightly higher here, the current average rental price for a 1-BHK apartment in Powai is about Rs 40,000 to Rs 55,000 per month while for 2-BHK, the average rent is Rs 60,000 to Rs 70,000 per month depending on the view, location and other features.
Renting an apartment on a sharing basis is the only feasible option for those with a low budget. But again finding roommates becomes a task and until you find one, you have to pay the full rent.
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In conclusion, Powai is a beautiful suburb of Mumbai that offers its residents a unique blend of natural beauty, luxury living, and excellent connectivity. It is an ideal place to reside for those who are looking for a peaceful environment, easy access to the city, and a vibrant social scene. Powai is a place that you must visit if you want to experience the best of Mumbai
Picture Credit : AKS.9955 via Wikimedia Commons (CC BY-SA 4.0)