India home to 54 of world's largest, most powerful public companies
Reliance Industries leads the list of 54 Indian companies in Forbes' annual list of the world's 2000 largest and most powerful public companies, with Chinese companies occupying the top three slots on the list.
The Forbes 'Global 2000' is a comprehensive list of the world's largest, most powerful public companies, as measured by revenues, profits, assets and market value.
This year, the Global 2000 companies hail from 62 countries, up from 46 in our inaugural 2003 ranking. In total, they raked in revenues of $38 trillion and profits of $3 trillion, with assets worth $161 trillion and a market value of $44 trillion. All those totals are higher than a year ago, with the largest growth being in market value (up 13% year-over-year). These firms employ 90 million people worldwide.
For the first time, China is home to the world's three biggest public companies and five of the top 10.
The U.S. holds onto its crown as the country with the most Global 2000 companies: 564. Japan trails the U.S. with 225 companies in aggregate, despite losing the most members (26) this year. China (mainland and Hong Kong) adds 25 to the list this year, more than any other country, for a total of 207. Three countries debut on the list this year: Mauritius, Slovakia, and Togo.
Among Indian companies, Reliance Industries is ranked 135 on the list with a market value of 50.9 billion dollars and 72.8 billion dollars in sales as on May 2014. Reliance is followed by State Bank of India which is ranked 155 and has a 23.6 billion dollars market value.
With 674 members in total, Asia easily takes the lead, leaving North America (629 members) and Europe (506 members) behind. That's a stark contrast from 11 years ago when North America dominated the list with over 50% more than Asia's total number. Emerging markets, especially Middle East and Central & South America, also gained significant shares in the past decade with 265% and 76% growth respectively. While Africa still has the least Global 2000 members, the continent has made slow progress, adding seven companies to the list. Four of the African newcomers are based in Nigeria, giving it a total of five.
Ranks of 54 Indian Biggest Public Companies-Forbes 'Global 2000' Rank
Company
Sales
Profits
Assets
Market Value135
Reliance Industries
$72.8 B
$3.8 B
$67.2 B
$50.9 B155
State Bank of India
$37.1 B
$3.3 B
$376.8 B
$23.6 B176
Oil & Natural Gas
$29.6 B
$4.5 B
$53.8 B
$46.4 B304
ICICI Bank
$13.3 B
$1.8 B
$124.2 B
$23.7 B332
Tata Motors
$34.5 B
$1.8 B
$32.4 B
$19.9 B416
Indian Oil
$74.6 B
$0.8 B
$43.7 B
$11.1 B422
HDFC Bank
$7.9 B
$1.3 B
$75 B
$29.6 B424
NTPC
$12.3 B
$2.3 B
$35.5 B
$16.8 B428
Coal India
$12.6 B
$3.2 B
$18.4 B
$30.6 B500
Larsen & Toubro
$13.5 B
$1 B
$26.7 B
$19.8 B535
HDFC
$6.6 B
$1.2 B
$43.5 B
$23.2 B543
Tata Consultancy Services
$13.1 B
$3 B
$9.2 B
$71.2 B625
Bharti Airtel
$14.3 B
$0.4 B
$29.2 B
$21.1 B630
Axis Bank
$6.3 B
$1 B
$62.7 B
$11.5 B727
Infosys
$8.1 B
$1.7 B
$8.7 B
$31.7 B795
Punjab National Bank
$8.7 B
$0.9 B
$91.4 B
$4.5 B801
Bank of Baroda
$7.5 B
$0.9 B
$102.9 B
$5.2 B803
Mahindra & Mahindra
$12.4 B
$0.7 B
$14.1 B
$9.9 B830
ITC
$5.8 B
$1.4 B
$6.6 B
$46.9 B849
Wipro
$7.1 B
$1.2 B
$7.8 B
$23.1 B873
Bharat Heavy Electricals
$8.9 B
$1.2 B
$13.2 B
$8 B955
GAIL India
$9.3 B
$0.8 B
$12.2 B
$8 B957
Hindalco Industries
$14.6 B
$0.6 B
$22.7 B
$4.8 B967
Canara Bank
$6.9 B
$0.5 B
$77.2 B
$2 B976
Bank of India
$6.6 B
$0.5 B
$84 B
$2.4 B983
Tata Steel
$23.8 B
$-1.3 B
$27.2 B
$6.5 B1011
Power Grid of India
$2.4 B
$0.8 B
$22 B
$9.5 B1045
Bharat Petroleum
$40.3 B
$0.3 B
$14.9 B
$5.4 B1153
HCL Technologies
$4.7 B
$0.7 B
$4.2 B
$16.6 B1211
Hindustan Petroleum
$35 B
$0.1 B
$17.1 B
$1.7 B1226
Power Finance
$3.2 B
$0.8 B
$31.2 B
$4.2 B1229
Union Bank of India
$5.2 B
$0.4 B
$57.6 B
$1.4 B1233
Adani Enterprises
$8.6 B
$0.3 B
$19.5 B
$6.5 B1255
Kotak Mahindra Bank
$2.9 B
$0.4 B
$18.3 B
$9.9 B1290
IDBI Bank
$5.2 B
$0.3 B
$59.4 B
$1.7 B1294
Sun Pharma Industries
$2.1 B
$0.5 B
$4.1 B
$19.9 B1329
Steel Authority of India
$8.2 B
$0.4 B
$15.9 B
$4.9 B1339
Rural Electrification
$2.5 B
$0.7 B
$24 B
$3.7 B1365
NMDC
$1.9 B
$1 B
$5.4 B
$9.1 B1439
Syndicate Bank
$3.4 B
$0.4 B
$39.8 B
$1 B1499
Bajaj Auto
$3.6 B
$0.6 B
$2.4 B
$10 B1638
Central Bank of India
$4.3 B
$0.2 B
$49.5 B
$1.1 B1736
Indian Bank
$2.8 B
$0.3 B
$30 B
$0.9 B1750
Indian Overseas Bank
$4.1 B
$0.1 B
$41.9 B
$1 B1790
Corporation Bank
$3.1 B
$0.3 B
$35.6 B
$0.8 B1810
Allahabad Bank
$3.5 B
$0.2 B
$37.7 B
$0.8 B1860
UCO Bank
$3.2 B
$0.1 B
$33.9 B
$1.2 B1876
Oriental Bank of Commerce
$3.5 B
$0.2 B
$32.2 B
$1.1 B1902
NHPC
$1.1 B
$0.5 B
$12 B
$3.6 B1912
Hero Motocorp
$4.2 B
$0.4 B
$1.6 B
$7.5 B1955
Jindal Steel & Power
$3.5 B
$0.5 B
$10.4 B
$4.6 B1975
Andhra Bank
$2.7 B
$0.2 B
$27.2 B
$0.6 B1981
Grasim Industries
$5.1 B
$0.5 B
$7.4 B
$4.4 B1990
JSW Steel
$7 B
$0.2 B
$12.1 B
$4.1 BValue calculated May 2014
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