2. GE Shipping
Founded in 1948, this Mumbai-based company whose initials stand for Great Eastern Shipping occupies the private sector as a shipping firm. The majority of its business dealings are split into two parts, consisting of offshore activities and shipping. Within this, Great Eastern’s offerings include the transportation of dry bulk commodities as well as gas, petroleum and crude oil products. Under its offshore business, GE Shipping works with oil companies to operate offshore exploration and production services. With over 2,000 employees on the payroll, Great Eastern serves as the largest private sector shipping company in all of India, the second largest in terms of market capitalization and revenue, and the third-largest in terms of assets.
Pixabay/Public Domain
