When it comes to Indian companies earning a major chunk of their revenues from the US, IT firms usually dominate the conversation. However, several non-IT companies also rely heavily on the American market for business growth.
According to insights shared by Dixit Aggarwal (@Dixitagg on X), here are the top Indian non-IT firms generating the highest percentage of their revenue from the US:
Top Non-IT Companies by US Revenue Share
- Granules – 77%
- eClerx – 76%
- Natco Pharma – 70%
- Avanti Feeds – 69%
- Syngene – 65%
- Neuland Lab – 54%
- Gland Pharma – 53%
- Marksans Pharma – 52%
- Dr. Reddy’s – 50%
- Zydus Life Science – 45%
- Aurobindo Pharma – 45%
- Bharat Forge – 44%
- Biocon – 44%
- Trident – 39%
- LT Foods – 38%
Key Takeaways
- Pharma Dominance: A large portion of these companies come from the pharmaceutical sector, highlighting the US as a critical market for Indian drug exports.
- Diversified Presence: Beyond pharma, companies in sectors like auto components (Bharat Forge), textiles (Trident), and food (LT Foods) also depend significantly on the American market.
- Strategic Importance: Heavy reliance on US revenues also means these firms are sensitive to regulatory changes, currency fluctuations, and demand cycles in the US economy.
This data underscores how deeply integrated Indian businesses—outside of IT—are with the world’s largest economy, making the US a vital growth driver for multiple industries.







