HRX is the more Indian-owned choice
HRX scores 75/100 vs Puma at 0/100 on ownership — and it's Indian-owned.
75
HRX
0
Puma
Brand Comparison
HRX vs Puma
Quantify ownership structure, origin, and control signals in one view.
Derived from documented disclosures and scored consistently.
Indian-owned profile
HRX
India ownership score: 75/100
Foreign-owned profile
Puma
India ownership score: 0/100
Comparison Fit
These brands map as direct alternatives within Sportswear.
Profile match: segment:sportswear
Ownership Insight
HRX is Indian-owned. Puma is owned by Puma India, headquartered in Germany.
Score Breakdown
Equity ownership
HRX: 100%
Puma: 0%
Manufacturing presence
HRX: 30%
Puma: 10%
Revenue retention
HRX: 0%
Puma: 0%
Strategic control
HRX: 100%
Puma: 0%
Side-by-side Details
| Feature | HRX | Puma |
|---|---|---|
| Country of origin | India | Germany |
| Headquarters | Bengaluru, Karnataka | Herzogenaurach |
| Founded | 2013 | 1948 |
| Parent company | HRX Brand | Puma India |
| Parent company country | India | Germany |
| Manufacturing in India | 30% | 10% |
| Revenue retained in India | 0% | 0% |
| Ownership type | Subsidiary of Foreign Company | Foreign Multinational |
| Strategic control | India | Germany |
More comparisons in Sportswear
Indian Competitors
Frequently Asked Questions
Which is more Indian — Puma or HRX?
HRX is more Indian with a score of 75/100 vs Puma's 0/100.
Is Puma Indian-owned?
Puma is foreign-controlled with an Indian ownership score of 0/100, owned by Puma India (Germany).
Is HRX Indian-owned?
HRX is Indian-owned with an Indian ownership score of 75/100.
Who owns Puma?
Puma is owned by Puma India (Germany).
Who owns HRX?
HRX is owned by HRX Brand (India).