Top 10 Indian Companies include some of the most innovative and visionary public and private sector companies. Indian companies have contributed significantly to the global economy in the last many decades, becoming some of the biggest and most powerful names in the world. They have a lot to offer investors, both inside and outside the country.
The Top 10 Indian companies have grown substantially in the past decade and continue to grow as the country becomes a global economic powerhouse. Therefore, we have shared a list of the Top 10 Indian Companies, along with their details here.
Top 10 Companies in India 2023
We can determine the Top 10 Indian companies by comparing their market caps. Market cap refers to the total market value of a firm’s outstanding stock shares. The largest market cap companies in India include renowned names such as Reliance, Infosys, Hindustan Unilever, etc.
The Top 10 companies in India have established themselves as leaders of the Indian economy and continue to offer brilliant services to domestic and international customers. We have shared the list of these companies below.
List of Top 10 Companies in India
From time to time, the market cap of the top companies in India is calculated to determine their overall market value. Based on the recent market cap calculations, the Top 10 Indian Companies operating in different sectors are as follows -
- Tata Consultancy Services
- HDFC Bank
- Hindustan Unilever Limited
- ICICI Bank
- State Bank of India
- Bharti Airtel
- Adani Enterprises
Top 10 Indian Companies - Details
Here is the list of the top 10 Indian companies based on market capitalisation
Reliance Industries Ltd (INR 1,742,839.73 Crores)
Reliance Industries Limited is an Indian multinational conglomerate headquartered in Mumbai, Maharashtra. Reliance owns businesses across India engaged in energy, petrochemicals, textiles, natural resources, retail, and telecommunications. It is the top company in India based on its market value. Reliance Industries was founded on 8 May 1973 in Maharastra, India, and over the years, the company has grown into a renowned multinational.
Tata Consultancy Services Limited (INR 1,189,557.60 Crores)
Tata Consultancy Services Limited is an Indian multinational information technology service and consulting company headquartered in Mumbai, Maharashtra. It is a subsidiary of the Tata Group and operates in 46 countries. Tata Consultancy Services has always been one of the top 10 Indian companies. TCS is another IT giant that provides consultancy services to its clients in IT services, business solutions, and outsourcing.
HDFC Bank (INR 900,171.97 Crores)
Housing Development Finance Corporation Limited or HDFC Bank Limited is an Indian banking and financial services company headquartered in Mumbai, Maharashtra. It offers a range of banking products and financial services for corporate and retail customers through various delivery channels and specialised subsidiary banks. Owing to its market success, HDFC is one of the top 10 companies in India.
Infosys (INR 637,924.02 Crores)
Infosys Limited is an Indian multinational corporation that provides business consulting, information technology and outsourcing services. It has its headquarters in Bengaluru, Karnataka, India. Being among the top 10 Indian companies, Infosys offers software development, business consulting and outsourcing services across various industries.
Hindustan Unilever (INR 623,146.85 Crores)
Hindustan Unilever Limited (HUL), incorporated in 1933 as Lever Brothers India Limited and renamed as HUL in 1956, is India's largest Fast Moving Consumer Goods Company. With a heritage of over 80 years in India, HUL is one of the top companies in India. The company touches the lives of two out of three Indians with over 20 distinct categories in Home & Personal Care Products and Foods & Beverages.
ICICI Bank (INR 621,319.52 Crores)
ICICI Bank is an Indian multinational banking and financial services company headquartered in Mumbai. It is among the largest market cap companies in India. ICICI bank offers a wide range of banking products and financial services for corporate and retail customers through various delivery channels. Its specialised subsidiaries offer services in the areas of investment banking, life and non-life insurance, venture capital and asset management.
State Bank of India (INR 528,470.88 Crores)
State Bank of India is one of the largest banks in India and is based out of Mumbai. It has a market capitalisation of $52 billion, which shows that it enjoys a great brand image and is quite popular among investors. It is, therefore, among the top 10 Indian companies. SBI deals in personal banking, corporate banking, wealth management and many other services.
HDFC (INR 481,991.96 Crores)
HDFC is India's leading housing finance company, established in 1977 to provide long-term finance to individuals for purchasing or constructing new houses or flats. It is one of the biggest Indian companies based on its market value. The company also offered loans to buy plot/land and home improvement loans to existing property owners. It provides loans through a low-cost housing finance company named HDFC Credila Financial Services.
Bharti Airtel (INR 459,907.64 Crores)
Bharti Airtel is an Indian multinational telecommunications company headquartered in New Delhi, India. Bharti Airtel is the largest provider of mobile telephony and the second-largest provider of fixed telephony in India. Bharti Airtel is among the top 10 Indian companies and is also a provider of broadband and subscription television services.
Adani Enterprises (INR 440,667.43 Crores)
Being among the top 10 companies in India, Adani Enterprises is a well-known name in the business world. This company deals in trading and mining of iron ore and coal. Adani Enterprises is a part of the Adani Group and is headquartered in Ahmedabad. This company was founded on 2 March 1993 in Ahmedabad.
FAQs on Top 10 Indian Companies
Q1. Which are the Top 10 Indian companies?
The top 10 Indian companies include Reliance, Tata Consultancy Services, HDFC Bank, Infosys, Hindustan Unilever Limited, ICICI Bank, State Bank of India, HDFC, Bharti Airtel, and Adani Enterprises. These top companies in India are listed based on their overall market capitalization.
Q2. Which is the No 1 company in India based on its market cap?
The No 1 company in India based on its market capitalization is Reliance Industries, whose market capitalization is INR 1,742,839.73 Crores. Reliance owns businesses in energy, petrochemicals, textiles, natural resources, retail, and telecommunications. It is also among the top 10 Indian companies.
Q3. How can I find the list of top 10 Indian companies?
The list of top 10 Indian companies is shared here, along with details about their market capitalization. The top 10 companies in India include Reliance, Tata Consultancy Services, HDFC Bank, Infosys, Hindustan Unilever Limited, ICICI Bank, State Bank of India, HDFC, Bharti Airtel, and Adani Enterprises.
Q4. How are the top 10 Indian companies decided?
The top 10 Indian companies can be determined based on their market capitalization. This list of top 10 companies in India shared here is based on an analysis of the companies' profitability, sustainability, performance in recent years and their prospects for the future.