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MegadealsSubsidy Tracker: Parent Headquarters Country Summary Page
HQ Country: India
Subsidy Total: $781,148,265
Number of Awards: 237
Time Period: Earliest year of data: 1979. Availability of data for earlier years varies greatly from program to program. The majority of the listings for this HQ Country are for the period since 2013.
Notes: The dollar total above adjusts for the fact that there is an overlap between the amounts in one or more Megadeal entries and those of one or more of the other entries. Dollar totals do not include awards for which no subsidy value is disclosed.
Top 10 Parent Companies | Total Subsidy $ | Number of Awards |
Aditya Birla Group | $388,039,817 | 78 |
Infosys Limited | $190,540,418 | 16 |
Essar Group | $72,000,000 | 1 |
Tata Group | $54,462,561 | 14 |
HCL Technologies | $35,721,500 | 9 |
Welspun | $13,018,450 | 11 |
Dr. Reddy's Laboratories | $11,201,420 | 21 |
Jindal Group | $7,354,763 | 6 |
Sun Pharmaceuticals | $6,059,198 | 7 |
Reliance Industries | $2,223,000 | 1 |
Individual Subsidy Records:
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Company | Parent | Location | Subsidy Source | Year | Subsidy Value | Loan/Bailout Value | Type of Subsidy |
Novelis Corporation | Aditya Birla Group | Kentucky | state | 2019 | $32,000 | | training reimbursement |
Novelis Corporation | Aditya Birla Group | Kentucky | state | 2019 | | $750,000 | loan or bond financing |
Novelis Corporation | Aditya Birla Group | Kentucky | state | 2023 | $73,469 | | training reimbursement |
Novelis Corporation | Aditya Birla Group | Kentucky | state | 2023 | $8,500,000 | | tax credit/rebate |
Infosys | Infosys Limited | Indiana | multiple | 2018 | $101,800,000 | | MEGADEAL |
Infosys Limited | Infosys Limited | Indiana | state | 2018 | $30,500,000 | | tax credit/rebate |
Infosys Limited | Infosys Limited | Indiana | state | 2018 | $500,000 | | training reimbursement |
Infosys Limited | Infosys Limited | Indiana | state | 2019 | $12,000,000 | | tax credit/rebate |
Infosys Limited | Infosys Limited | Indiana | state | 2019 | $10,000,000 | | tax credit/rebate |
Infosys Limited | Infosys Limited | Indiana | state | 2019 | $56,500,000 | | tax credit/rebate |
Infosys Limited | Infosys Limited | Indiana | state | 2019 | $6,000,000 | | tax credit/rebate |
Infosys Limited | Infosys Limited | Indiana | state | 2019 | $1,500,000 | | tax credit/rebate |
Novelis Corporation | Aditya Birla Group | Indiana | state | 2021 | $475,000 | | tax credit/rebate |
Novelis Corporation | Aditya Birla Group | Georgia | state | 2012 | $500,000 | | grant |
Jindal Films Americas LLC | Jindal Group | Georgia | state | 2017 | $750,000 | | grant |
Jindal Films Americas LLC | Jindal Group | Georgia | state | 2018 | $750,000 | | grant |
Tata Business Services | Tata Group | Florida | state | 2010 | $60,900 | | training reimbursement |
Lupin, Inc. | Lupin Limited | Florida | state | 2014 | $252,000 | | tax credit/rebate |
Infosys Limited | Infosys Limited | Connecticut | state | 2019 | $18,000,000 | | grant |
Tech Mahindra | Tech Mahindra | Colorado | state | 2021 | $38,987 | | tax credit/rebate |
HCL America, Inc. | HCL Technologies | California | state | 2021 | $1,350,000 | | tax credit/rebate |
WELSPUN PIPES INC | Welspun | Arkansas | state | 2010 | $4,441,208 | | tax credit/rebate |
WELSPUN | Welspun | Arkansas | state | 2010 | $482,055 | | tax credit/rebate |
WELSPUN PIPES | Welspun | Arkansas | state | 2013 | $1,027,397 | | tax credit/rebate |
WELSPUN PIPES | Welspun | Arkansas | state | 2013 | $109,783 | | training reimbursement |
WELSPUN PIPES | Welspun | Arkansas | state | 2013 | $13,783 | | training reimbursement |
WELSPUN PIPES | Welspun | Arkansas | state | 2016 | $744,112 | | training reimbursement |
WELSPUN PIPES | Welspun | Arkansas | state | 2017 | $1,836,339 | | training reimbursement |
WELSPUN PIPES | Welspun | Arkansas | state | 2018 | $2,172,686 | | training reimbursement |
WELSPUN PIPES | Welspun | Arkansas | state | 2019 | $1,226,603 | | tax credit/rebate |
Welspun Tubular LLC | Welspun | Arkansas | state | | $688,612 | | tax credit/rebate |
WELSPUN TUBULAR LLC | Welspun | Arkansas | state | 2021 | $275,872 | | tax credit/rebate |
Welspun Tubular LLC | Welspun | Arkansas | local | 2010 | undisclosed | | property tax abatement |
Welspun Tubular LLC | Welspun | Arkansas | local | 2012 | undisclosed | | property tax abatement |
Welspun Tubular LLC | Welspun | Arkansas | local | 2012 | undisclosed | | property tax abatement |
Welspun Tubular LLC | Welspun | Arkansas | local | 2013 | undisclosed | | property tax abatement |
Novelis | Aditya Birla Group | Alabama | multiple | 2022 | $338,300,000 | | MEGADEAL |