India is home to 54 of the world's biggest and most powerful companies, according to a report by
Forbes. Mukesh Ambani’s
Reliance Industries tops the list of 54 Indian companies in Forbes' annual list of world's 2,000 largest and most powerful public companies. Interestingly, three Chinese companies occupy the top three slots.
The Forbes 'Global 2000' is a list of the world's “largest, most powerful public companies,” measured on scales of revenues, profits, assets and market value.
The US maintains its supremacy as the country with the maximum number of firms (564) in the Forbes 'Global 2000’ list. It is followed by Japan with 225 companies.
Reliance Industries is ranked 135th, having a market value of $50.9 billion and $72.8 billion in sales till May 2014.
The State Bank of India, ranked 155th, trails Reliance and has a market value of $23.6 billion.
Other Indian companies in the list include Oil and Natural Gas Corporation (176), ICICI Bank (304),
Tata Motors (332), Indian Oil (416), HDFC Bank (422), Coal India (428), Larsen & Toubro (500),
Tata Consultancy Services (543), Bharti
Airtel (625), Axis Bank (630), Infosys (727), Bank of Baroda (801), Mahindra & Mahindra (803), ITC (830), Wipro (849), Bharat Heavy Electricals (873), GAIL India (955),
Tata Steel (983), Power Grid Corporation of India (1011), Bharat Petroleum (1045), HCL Technologies (1153), Hindustan Petroleum (1211), Adani Enterprises (1233), Kotak Mahindra Bank (1255), Sun Pharma Industries (1294), Steel Authority of India (1329), Bajaj Auto (1499), Hero Motocorp (1912), Jindal Steel & Power (1955), Grasim Industries (1981) and JSW Steel (1990).
This year's list of ‘Global 2000’ includes companies from 62 countries, up from 46 in the inaugural 2003 rankings.
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