India's most prominent companies have grown substantially in the past decade. And they continue to grow as the country becomes a global economic powerhouse. Indian companies are some of the biggest and most powerful in the world. They have a lot to offer investors, both inside and outside the country.
But what are the biggest companies in India? How did they get to be so big? And what do they stand for as famous Indian companies?
Top Ten Indian Companies
Here is the list of the top ten Indian companies based on market capitalisation:
- Reliance Industries Ltd (INR 1,611,575 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.
- Tata Consultancy Services Limited (INR 1,415,645 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. TCS is another IT giant that provides consultancy services to its clients in IT services, business solutions, and outsourcing.
- HDFC Bank (INR 841,984 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.
- Infosys (INR 747,299 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. Infosys offers software development, business consulting and outsourcing services across various industries.
- ICICI Bank (INR 563,557 crores)
ICICI Bank is an Indian multinational banking and financial services company headquartered in Mumbai. It offers a wide range of banking products and financial services for corporate and retail customers through various delivery channels and its specialised subsidiaries in the areas of investment banking, life and non-life insurance, venture capital and asset management.
- Hindustan Unilever (INR 539,947 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 and touches the lives of two out of three Indians with over 20 distinct categories in Home & Personal Care Products and Foods & Beverages.
- State Bank of India (SBI) (INR 474,878 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 $54 billion, which shows that it enjoys a great brand image and is quite popular among investors. SBI deals in personal banking, corporate banking, wealth management and many other services.
- HDFC (INR 468,816 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. 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.
- Bajaj Finance (INR 436,323 crores)
The company's financial services business includes consumer and wholesale lending, consumer lending, and wealth management services. The Bajaj Group is one of the most respected business groups in the country, with many companies under its umbrella. It is also known for financial services, and Bajaj Finance is one of them.
- Bharti Airtel (INR 403,269 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 and is also a provider of broadband and subscription television services.
FAQs on Top 10 Indian Companies
Q.1) Which are the top three from the list of the top 10 Indian companies in the world?
The top three companies are Reliance Industries, Tata Consultancy Services and HDFC Bank.
Q.2) What is the market cap of Reliance Industries Ltd. (RIL)?
The market cap of RIL is Rs. 1,611,575 crores.
Q.3) How is the list of top 10 Indian companies in the world decided?
This list is based on an analysis of the companies' profitability, sustainability, performance in recent years and their prospects for the future.