India’s Top 500 Value Creators 2023

106 | India’s Top 500 Value Creators 2023 [ SECTOR DEFINITION ] Sector Definition Agro Chemicals Manufacturing and distribution of chemicals used in agriculture industry such as insecticides, pesticides, herbicides and similar chemicals. The sector excludes fertilisers which are classified separately. Alcoholic Beverages Manufacturing and distribution of all types of alcoholic beverages. Auto Components Manufacturing and sales of parts such as engines, gearboxes, carburetors, shock absorbers, etc., used in all types of automobiles. The sector excludes companies involved in manufacturing of tyres and batteries, which have been classified separately in their respective sectors. Automobile - Two/Three Wheelers Manufacturing and distribution of Two/Three-wheeler automobiles. Automobiles Manufacturing and distribution of Four-wheeler passenger vehicles, which include cars & sport utility vehicles (SUVs) and commercial vehicles. Banks Companies operating with Banking licence as issued by the Reserve Bank of India. Bearings Manufacturing and distribution of bearings. Cement Manufacturing of cement, concrete and clinkers. Chemicals Manufacturing and distribution of basic chemicals as well as specialty chemicals such as adhesives. The sector also includes manufacturing of industrial gases. The sector excludes fertilisers, plastics and petrochemicals which are classified separately in the respective sectors. Construction - Infrastructure Development Construction of infrastructure such as roads, bridges, railways and other civil structures such as water supply projects. The sector also covers companies providing related project management services. The sector also includes companies manufacturing roofing products and PEB structures. Consumer Durables & Appliances Manufacturing and distribution of consumer appliances like TVs, Fridge, Air conditioners, etc. Defence Manufacturing and distribution of defence equipment. Diversified Companies operating in multiple segments with no single business vertical as the major revenue contributor. Electrical & Electronics Manufacturing and distribution of equipment, devices, materials used to distribute and use electrical power for residential, commercial and industrial purpose. Engineering Projects/ Capital Goods Manufacturing and supply of industrial & manufacturing equipment, construction equipment, industrial spares & consumables, other equipment & machinery and related EPC services. Fertilisers Manufacturing and distribution of fertiliser products like urea, crude phosphates, etc. The sector excludes manufacturing of agro chemicals such as pesticides. FIs / NBFCs / Financial Services Companies other than banking institutions that are engaged in providing financial services primarily comprising of lending services. FMCG Manufacturing and distribution of frequently used essential or non-essential goods such as soaps, toothpaste, cosmetics etc. This sector excludes companies that are solely involved in the manufacturing of food & beverage products. Food and Beverages Manufacturing and distribution of food and beverage products including snacks, fruits, vegetables, dairy products, meatpacking, dietary supplements, vegetable & edible oils, juices, carbonated beverages, processed foods, etc. The companies involved in the manufacturing of both food products as well as FMCG products have not been included under this sector and have been retained under the FMCG sector. Footwear Manufacturing and distribution of shoes, sandals and other footwear products. Gas - Processing, Transmission & Marketing Manufacturing and distribution of natural gas through pipelines for both domestic and industrial purposes. The sector excludes manufacturing of industrial gases. Gems & Jewellery Manufacturing and distribution of jewellery and related articles. Glass and Ceramics Manufacturing and distribution of all forms of ceramic products, glass and glass products (except glass jewellery). Dun & Bradstreet