India Fortune 500 Companies the list of publicly-trading companies based on their latest gross revenue and sales figures. A total of 500 enterprises based out of India are listed annually and are published in Fortune Magazine. This ranking is highly indicative of these companies' performance and their local and global influence. Getting a ranking in the India Fortune 500 list of companies can take years and sometimes even decades.
List of Indian Companies in the Fortune 500
Wondering which top five India Fortune 500 companies entered the 2020-21 Fortune list? Here is a comprehensive list of Indian companies in the fortune 500 list as per their 2020 annual sales and revenue turnover. Read on to know more.
Net Revenue (in Billion INR)
Indian Oil Corporation
Oil & Natural Gas Corporation
State Bank of India
Bharat Petroleum Corporation
Tata Consultancy Services
Larsen & Toubro
Headquartered in Mumbai, Reliance Industries Limited or RIL is a multinational corporation. This MNC is involved in diverse industries, including petrochemicals, natural gas, textiles, energy, telecommunications, retail, and mass media. RIL, the largest company in India, had gross revenue of 615,854.00 billion INR last year.
The next one that makes up the list of Indian companies in the fortune 500 is the Indian Oil Corporation Limited or IOCL. Operationalizing under the Ministry of Petroleum and Natural gas ownership, the IOCL made a net profit of around 6.1 billion US dollars and net revenue of 4939.33 billion INR in 2020-21 to be listed under the India Fortune 500.
- Oil and Natural Gas Corporation
The Oil and Natural Gas Corporation or ONGC is a registered crude oil and natural gas corporation, which falls under the ownership of the Government of India. ONGC produces around 70% of crude oil and 84% of natural gas. In 2020-21, the ONGC made a gross revenue turnover of INR 4052.43 billion.
India Fortune 500 companies rank the State Bank of India or SBI fourth based on its total revenue of 3680.11 billion generated last year. SBI Is a financial service statutory body and a public sector bank. SBI also ranks under 250 in the Fortune Global 500 list of the world's top corporations in 2020.
- Bharat Petroleum Corporation
Another oil and gas corporation functional under the Ministry of Petroleum and Natural Gas ownership, Bharat Petroleum Corporation Limited or the BPCL, is the second-largest downstream oil corporation. The corporation generated an estimated 2889.75 billion INR in 2020-21.
Top 10 Semi-Governmental and Privately-Owned Indian Companies
The following table enlists the top 10 semi-governmental and privately-owned Indian companies listed under the India Fortune 500.
Revenue (in crore INR)
GE T&D India
Godawari Power & Ispat
Phillips Carbon Black
Fortune publishes the rankings of the 500 companies worldwide that are based on the total revenues generated before March 31st. Its Indian version also publishes this ranking annually. This list of Indian companies in the fortune 500 might have given you a hint about how competitive this list is.
FAQs on Fortune 500 Indian Companies
Q.1) What is India's Fortune 500?
India Fortune 500 is the ranked list of publicly-trading companies based on their latest gross revenue and sales figures.
Q.2) Which company tops the 2020-21 list of Indian companies in the Fortune 500?
Reliance Industries ranks first in the 2020-21 list of Indian companies in the Fortune 500 with gross revenue of 615,854.00 billion INR last year.
Q.3) Which Indian private company ranks first in the India Fortune 500 companies?
JM Financial Limited, a leading private investment banking firm in India, is currently the top-ranked private company on the India Fortune 500 list.
Q.4) What is the current rank of the State Bank of India (SBI) in the India Fortune 500 list?
SBI currently ranks fourth on the India Fortune 500 list.