India Fortune 500 List in 2024

India Fortune 500 List in 2024

The Fortune India 500 list is an annual ranking that provides a comprehensive overview of India's largest corporations. It meticulously compiles the 500 biggest companies operating within the country, based on their total revenue for the preceding fiscal year. This list serves as a crucial barometer for the Indian economy, offering insights into the performance and trends of its corporate sector.

Beyond a simple ranking, it acts as a valuable tool for investors, analysts, and businesses seeking to understand the Indian market. It highlights the dominant players, emerging sectors, and the overall health of the nation's economic landscape. By focusing on revenue, the list effectively showcases the scale and impact of these leading companies on India's growth. It's a key resource for tracking the dynamism and competitive spirit of Indian business, reflecting the country's evolving economic power.

What is the Fortune India 500 list?

The Fortune India 500 list is an annual ranking of the 500 largest corporations in India, measured by their total revenue. It provides a comprehensive overview of the country's leading businesses.

Who is the top-ranked company on the 2024 Fortune India 500 list?

According to the information available, Reliance Industries continues to be the top-ranked company.

When was the 2024 Fortune Global 500 list released?

The 2024 Fortune Global 500 List was released on August 5, 2024.

Where can I find the complete Fortune India 500 list?

You can download it from this ecommerce site. Click on the shopping cart icon and go through the checkout process. You will be able to download the Excel file after completing the purchase.

Why is the Fortune India 500 list important?

The list is important because it offers insights into the health and performance of India's corporate sector, highlighting trends, growth areas, and leading companies that drive the Indian economy.

How is the Fortune India 500 list compiled?

The list is compiled based on the total revenue of companies for their respective fiscal years.

How many Indian companies were included in the 2024 Fortune Global 500 list?

Nine Indian companies were included in the 2024 Fortune Global 500 list.

Who was a new company to enter the 2024 Fortune Global 500 list?

HDFC Bank was a new company to enter the 2024 Fortune Global 500 list.

Why did some companies see a decline in their ranking?

Ranking declines can be attributed to various factors, including fluctuations in market conditions, changes in revenue, and industry-specific challenges. For Example, Indian Oil Corporation saw a decline in its ranking.

 

Sneak Preview of the India Fortune 500 List

COMPANY NAME	2024 RANK	2023 RANK	Ownership	Industry	TOTAL INCOME (₹)	NET INCOME (₹)	PROFIT (₹)	EMPLOYEE COUNT
Reliance Industries	1	1	Mukesh Ambani	Oil & Gas	922391	901064	69621	347362
LIC	2	3	Govt of India	Insurance - Life	860795	845966	40916	98661
Indian Oil Corporation	3	2	Govt of India	Oil & Gas	780509	776352	41730	30321
ONGC	4	4	Govt of India	Oil & Gas	610642	591447	49221	15804
State Bank of India	5	6	Govt of India	Banks	594575	439189	67085	232296
Bharat Petroleum Corporation	6	5	Govt of India	Oil & Gas	453373	448083	26859	8613
Tata Motors	7	7	Tata Group	Auto	446155	437928	31399	60113
HDFC Bank	8	11	Diversified	Banks	407995	283649	64062	213565
Tata Consultancy Services	9	9	Tata Group	IT Services	245315	240893	45908	631858
ICICI Bank	10	13	Diversified	Banks	236038	159516	44256	141009
Tata Steel	11	8	Tata Group	Metals	226665	229171	-4437	78052
Larsen & Toubro	12	12	Diversified	Engineering	224364	221113	13059	57265
Hindalco Industries	13	10	Aditya Birla Group	Metals	216194	215962	10155	39899
NTPC	14	14	Govt of India	Power	183892	178501	20812	16360
JSW Steel	15	15	Savitri Devi Jindal	Metals	179686	175006	8812	13301
Infosys	16	19	Diversified	IT Services	158381	153670	26233	317240
Bharti Airtel	17	21	Mittal Brothers & Family	Telecom Services	154127	149982	7467	14322
Coal India	18	20	Govt of India	Mining & Minerals	152241	142324	37402	228861
Vedanta	19	17	Anil Agarwal	Metals	149898	143727	4239	97015
Maruti Suzuki India	20	24	MNC	Auto	146584	141858	13488	12515
Mahindra & Mahindra	21	22	M&M Group	Auto	143831	139078	11269	24405
Bank of Baroda	22	28	Govt of India	Banks	141779	118379	18767	74227
Canara Bank	23	27	Govt of India	Banks	139165	110519	15279	82638
Axis Bank	24	29	Diversified	Banks	137989	112759	26386	104332
GAIL	25	18	Govt of India	Oil & Gas	135968	133228	9899	14840
Nayara Energy	26	25	MNC	Oil & Gas	134371	133114	12321	NAVL
Grasim Industries	27	23	Aditya Birla Group	Diversified	132498	130978	5624	25929
Punjab National Bank	28	31	Govt of India	Banks	123222	109065	9107	102349
Union Bank of India	29	32	Govt of India	Banks	118188	100376	13797	75866
HCL Technologies	30	30	Shiv Nadar	IT Services	111365	109913	15702	237248
Bajaj Finserv	31	35	Bajaj Group	NBFC	110391	110382	8148	139000
Steel Authority of India	32	26	Govt of India	Metals	110239	105378	3067	45314
Samvardhana Motherson Intl.	33	36	Vivek Chaand Sehgal	Auto Ancillaries	99070	98692	2716	38491
Kotak Mahindra Bank	34	39	Uday Kotak	Banks	94274	56237	18213	77923
Wipro	35	33	Azim Premji	IT Services	92363	89760	11045	234054
Power Finance Corporation	36	37	Govt of India	NBFC	91586	91508	19761	545
ITC	37	38	Diversified	FMCG	74225	70881	20459	55246
Hyundai Motor India	38	41	MNC	Auto	71441	69829	6060	5672
Interglobe Aviation	39	45	Rahul Bhatia	Aviation	71226	68904	8172	36860
Bank of India	40	46	Govt of India	Banks	67489	61073	6564	50944
Tata Power Company	41	43	Tata Group	Power	64981	61449	3696	23652
Indian Bank	42	51	Govt of India	Banks	64232	55650	8419	40251
Hindustan Unilever	43	42	MNC	FMCG	62911	61896	10277	7215
Adani Power	44	59	Adani Group	Power	60281	50351	20829	3315
Toyota Kirloskar Motor	45	72	MNC	Auto	56801	55866	4787	NAVL
Adani Enterprises	46	64	Adani Group	Trading	55723	52744	3240	2814
IndusInd Bank	47	55	Hinduja Group	Banks	55144	45748	8977	45637
Titan Company	48	58	Tata Group	Gems & Jewellery	54289	51084	3496	8680
Petronet LNG	49	44	Govt of India	Oil & Gas	53338	52729	3652	271
Tech Mahindra	50	48	M&M Group	IT Services	52923	51996	2358	128151
Avenue Supermarts	51	56	R.K. Damani	Retail	51619	50789	2536	13971
Jindal Steel & Power	52	50	Savitri Devi Jindal	Metals	50557	50354	5938	6371
Nabard	53	62	Govt of India	NBFC	49615	49222	6304	3134
Sun Pharmaceuticals Industries	54	54	Dilip Shanghvi	Pharma	49595	48497	9576	19530
Adani Wilmar	55	47	Adani Group	FMCG	49571	49302	148	2678
Ashok Leyland	56	57	Hinduja Group	Auto - CV	47336	46543	2484	9607
Power Grid Corporation of India	57	52	Govt of India	Power	47001	45843	15573	8316
Bajaj Auto	58	65	Bajaj Group	Auto - Two Wheeler	46650	44870	7708	9816
Max Financial Services	59	76	Diversified	NBFC	46618	46580	340	NAVL
GIC	60	53	Govt of India	Insurance - General	46557	45375	6686	429
New India Assurance Company	61	61	Govt of India	Insurance - General	43691	43676	1116	11940
UPL	62	49	R.D. Shroff	Fertilisers & Agrochem	43581	43098	-1200	4328
Vodafone Idea	63	60	MNC	Telecom Services	43520	42652	-31238	16084
Tata AIA Life Insurance Company	64	91	Tata	Insurance - Life	42845	41051	107	NAVL
IFFCO	65	40	Co-operative sector	Fertilisers & Agrochem	41525	39330	2443	NAVL
TVS Holdings	66	73	TVS-Venu Srinivasan	Auto Ancillaries	40635	40248	800	NAVL
TVS Motor Company	67	74	TVS-Venu Srinivasan	Auto - Two Wheeler	39575	39145	1686	4385
Hero MotoCorp	68	71	Munjal family	Auto - Two Wheeler	38455	37789	3745	9225
Jindal Stainless	69	68	Savitri Devi Jindal	Metals	38221	38562	2713	5287
MMTC-PAMP India	70	75	MNC	Mining & Minerals	37699	37808	457	NAVL
Shriram Finance	71	78	Shriram Group	NBFC	36413	36388	7366	74645
IDFC First Bank	72	84	Diversified	Banks	36257	30325	2942	41141
Asian Paints	73	70	Diversified	FMCG	35952	35495	5460	14854
Central Bank of India	74	79	Govt of India	Banks	35663	30849	2668	31610
Ambuja Cements	75	63	Adani Group	Cement	34537	33160	3577	4330
Hindustan Aeronautics	76	80	Govt of India	Engineering	34263	30381	7621	23766
Sidbi	77	108	Govt of India	NBFC	34241	33610	4822	NAVL
Oil India	78	66	Govt of India	Oil & Gas	33513	32466	6335	6492
Yes Bank	79	85	Diversified	Banks	32961	27606	1285	28099
Aurobindo Pharma	80	89	P.V. Ramprasad Reddy	Pharma	30505	29002	3173	37596
IDBI Bank	81	90	Diversified	Banks	30421	26446	5788	18292
EID Parry	82	69	Murugappa Group	FMCG	30277	29413	900	1250
Indus Towers	83	81	Diversified	Telecom (Ancillaries)	30090	28601	6036	3554
Indian Overseas Bank	84	97	Govt of India	Banks	29731	24066	2666	21475
Dr. Reddys Laboratories	85	88	Dr. Reddy’s Holdings	Pharma	29601	28011	5578	21757
Capgemini Technology Services India	86	NAP	MNC	IT Services	28750	27786	3246	165762
Adani Ports & SEZ	87	102	Adani Group	Infrastructure - Port	28210	26711	8111	2919
Torrent Power	88	87	Samir & Sudhir Mehta	Power	27544	27220	1833	6987
LIC Housing Finance	89	101	Govt of India	NBFC	27278	27277	4759	2396
Federal Bank	90	105	Diversified	Banks	26782	23565	3880	15212
Indian Railway Finance Corporation	91	95	Govt of India	NBFC	26656	26645	6412	NAVL
Cipla	92	99	Yusuf Hamied family	Pharma	26458	25774	4122	40993
Cholamandalam Fin. Holdings	93	114	Murugappa Group	NBFC	26087	25830	1773	39747
MRF	94	96	K.M. Mammen	Auto Ancillaries	25670	25169	2081	19209
Nestle India	95	123	MNC	FMCG	25370	25172	3933	4200
Apollo Tyres	96	92	Onkar Kanwar	Auto Ancillaries	25301	25378	1722	17985
UCO Bank	97	107	Govt of India	Banks	25120	21854	1672	21456
Bharat Heavy Electricals	98	94	Govt of India	Engineering	24940	23893	282	46034
Reliance Infrastructure	99	93	Diversified	Infrastructure	23972	22805	-1609	5312
HSBC	100	126	MNC	Banks	23915	19962	5436	NAVL
Bank of Maharashtra	101	118	Govt of India	Banks	23509	20495	4072	13499
Patanjali Foods	102	82	Patanjali Ayurved	FMCG	23345	23117	765	4197
Godrej Industries	103	98	Godrej Group	Diversified	23263	16601	60	1050
Rail Vikas Nigam	104	104	Govt of India	Infrastructure	23180	21889	1574	394
NMDC	105	106	Govt of India	Mining & Minerals	22772	21308	5571	1647
National Fertilizer	106	77	Govt of India	Fertilisers & Agrochem	22366	23560	150	1362
Jindal Saw	107	120	Savitri Devi Jindal	Metals	21656	20958	1677	7517
Standard Chartered Bank	108	160	MNC	Banks	21648	16787	3730	NAVL
Bharat Electronics	109	112	Govt of India	Electronics	21500	20268	3985	17665
Bharat Sanchar Nigam	110	67	Govt of India	Telecom Services	21317	19344	-5367	NAVL
Tata Communications	111	116	Tata Group	Telecom Services	21253	20969	968	7144
Shree Cement	112	113	H.M. Bangur	Cement	21207	20521	2396	7498
Nuclear Power Corpn. of India	113	130	Govt of India	Power	21206	18600	6523	10576
Bandhan Bank	114	115	Diversified	Banks	21034	18870	2230	75748
Indian Potash	115	283	Govt of India	Fertilisers & Agrochem	21013	20946	1258	NAVL
NCC	116	145	AVS Raju & Associates	Infrastructure	21000	20845	711	12761
Skoda Auto Volkswagen India	117	110	MNC	Auto	20774	18960	96	NAVL
ACC	118	100	Adani Group	Cement	20660	19959	2336	3884
ICICI Lombard GIC	119	111	Diversified	Insurance - General	20602	20487	1919	13670
Lupin	120	139	D.B. Gupta family	Pharma	20599	20011	1914	18649
Siemens	121	136	MNC	Engineering	20371	19554	1961	8888
Zydus Lifesciences	122	131	Zydus Family Trust	Pharma	20108	19547	3860	21722
Citibank N. A.	123	83	MNC	Banks	20037	15411	6237	NAVL
KEC International	124	129	RPG Group	Power Services	19978	19914	347	6621
Kalyan Jewellers India	125	150	T.S. Kalyanaraman	Gems & Jewellery	19858	18548	597	11177
Kalpataru Power Transmission	126	140	Munot family	Power Services	19673	19626	510	8441
Cholamandalam Investment & Finance Company	127	172	Murugappa Group	NBFC	19420	19163	3420	38241
Apollo Hospitals Enterprise	128	138	Prathap C Reddy family	Healthcare	19201	19059	899	18669
Quess Corp	129	128	Fairfax, Ajit Isaac	Services	19168	19100	278	2534
Polycab India	130	161	Jaisinghani family	Consumer Durables	18682	18039	1784	4666
Havells India	131	122	Anil Rai Gupta	Consumer Durables	18596	18590	1271	6822
Infiniti Retail	132	137	Tata	Retail	18303	17833	-987	NAVL
Bosch	133	146	MNC	Auto Ancillaries	18301	16727	2491	3516
Eicher Motors	134	148	Vikram Lal	Auto - Two Wheeler	18256	16536	4001	16550
APL Apollo Tubes	135	135	Rahul Gupta	Metals	18202	18119	732	1493
Tata Capital	136	164	Tata Group	NBFC	18198	18178	3327	NAVL
Chambal Fertilisers & Chemicals	137	86	K.K. Birla Group	Fertilisers & Agrochem	18151	17966	1276	1089
Tata Projects	138	132	Tata Group	Infrastructure	18045	17761	80	NAVL
Tube Investments of India	139	149	Murugappa Group	NBFC	17899	16890	1201	3233
Rain Industries	140	103	Jagan Mohan Reddy	Chemicals	17841	18141	-938	1476
Dixon Technologies	141	180	Sunil Vachani	Consumer Durables (Ancillaries)	17827	17691	368	1522
Rashtriya Chemicals & Fertilizers	142	NAP	Govt of India	Fertilisers & Agrochem	17714	16981	225	NAVL
Honda Cars India	143	157	MNC	Auto	17589	16462	661	NAVL
Gujarat State Petronet	144	117	Govt of Gujarat	Oil & Gas	17542	17295	1660	407
Bombay Burmah Trading Corporation	145	124	Nusli Wadia	Trading	17507	17109	684	296
CESC	146	144	RP-Sanjiv Goenka Group	Power	17291	15293	1376	6087
Adani Energy Solutions	147	153	Adani Group	Power	17218	16607	1137	4959
Exide Industries	148	147	Rajan Raheja Group	Auto Ancillaries	17161	16770	877	4218
National Insurance Company	149	134	Govt of India	Insurance - General	17117	16964	-187	NAVL
Britannia Industries	150	133	Nusli Wadia	FMCG	16980	16769	2140	3380
PTC India	151	142	Govt of India	Power	16896	16763	477	108
National Stock Exchange Of India	152	174	Diversified	Financial Services	16534	14780	8306	NAVL
Welspun Corp	153	188	B.K. Goenka	Metals	16479	17340	1110	1252
Biocon	154	189	Kiran Mazumdar-Shaw	Pharma	16478	14756	1023	4338
Apar Industries	155	154	Kushal Desai	Power Services	16381	16153	825	1659
Tata Chemicals	156	127	Tata Group	Chemicals	16353	15758	268	6203
Varun Beverages	157	168	Ravi Jaipuria	FMCG	16206	16043	2056	9973
Bharat Forge	158	170	Baba Kalyani	Auto Ancillaries	15919	15682	951	4003
Tata Consumer Products	159	159	Tata Group	FMCG	15573	15206	1150	3488
Tata Sia Airlines	160	NAP	Tata Group	Aviation	15541	15191	-581	NAVL
Export-Import Bank of India	161	193	Govt of India	NBFC	15464	14904	2518	NAVL
RBL Bank	162	183	Diversified	Banks	15454	12394	1260	15606
NLC India	163	125	Govt of India	Power	15445	13074	1854	3681
Prestige Estates Projects	164	198	Irfan Razack	Real estate	15173	7877	1374	10956
Muthoot Finance	165	184	Muthoot family	NBFC	15163	15062	4324	28286
Dalmia Bharat	166	166	Dalmia Bharat Group	Cement	14990	14691	826	5945
JK Tyre & Industries	167	NAP	JK Organisation	Auto Ancillaries	14985	15002	786	5681
Bengal & Assam Company	168	141	JK Organisation	NBFC	14943	12962	3892	NAVL
Haldia Petrochemicals	169	143	The Chatterjee Group	Petrochemicals	14914	14392	-1028	NAVL
PNB MetLife India Insurance Company	170	207	MNC	Insurance - Life	14772	14699	276	NAVL
Rattanindia Power	171	496	Rajiv Rattan	Power	14673	3364	8897	443
Indraprastha Gas	172	156	Govt of India	Oil & Gas	14603	14000	1985	719
ONGC Petro Additions	173	155	ONGC	Petrochemicals	14392	14307	-3456	NAVL
Godrej Consumer Products	174	171	Godrej Group	FMCG	14378	14096	-561	2702
Uno Minda	175	191	Nirmal Minda	Auto Ancillaries	14377	14031	880	4710
Aditya Birla Fashion & Retail	176	165	Aditya Birla Group	Retail	14066	13996	-628	26965
Star Health & Allied Insurance	177	181	Diversified	Insurance - General	14026	14022	845	15913
National Aluminium Company	178	158	Govt of India	Metals	13973	13149	1988	1586
BASF India	179	163	MNC	Chemicals	13797	13767	563	3139
Afcons Infrastructure	180	175	Shapoorji Pallonji Group	Infrastructure	13647	13268	450	NAVL
Kama Holdings	181	151	Arun Bharat Ram	NBFC	13560	13440	874	NAVL
Trent	182	234	Tata Group	Retail	13529	12375	1487	25277
Shyam Metalics & Energy	183	173	M.P. Agarwal	Metals	13501	13195	1035	3522
Mphasis	184	162	MNC	IT Services	13496	13279	1555	24518
Adani Properties	185	NAP	Adani Group	Trading	13450	8751	3023	NAVL
Allcargo Logistics	186	119	Shashi Kiran Shetty	Logistics	13422	13188	150	537
Uflex	187	152	Ashok Chaturvedi	Packaging	13421	13364	-691	7384
Glenmark Pharmaceuticals	188	167	Saldanha family	Pharma	13246	11813	-1502	12736
Voltas	189	226	Tata Group	Consumer Durables	13126	12481	252	1938
Zomato	190	278	Diversified	New Age Tech	12966	12114	351	4440
Alkem Laboratories	191	196	Singh family	Pharma	12964	12668	1796	17277
Ircon International	192	205	Govt of India	Engineering	12956	12331	930	1201
Dabur India	193	182	Burman family	FMCG	12837	12404	1843	5369
Summit Digitel Infrastructure	194	203	MNC	Telecom Services	12820	12509	-3038	NAVL
Waaree Energies	195	276	Hitesh Doshi & family	Capital Goods - Renewables	12536	11398	1237	NAVL
Dilip Buildcon	196	200	Dilip Suryavanshi	Infrastructure	12416	12012	194	19081
Pidilite Industries	197	186	B.K. Parekh	FMCG	12397	12383	1729	10124
SIS	198	194	R. K. Sinha & Associates	Services	12328	12261	190	163744
AU Small Finance Bank	199	230	Sanjay Agarwal	Banks	12301	10555	1535	29738
ATC Telecom Infrastructure	200	NAP	Sanjay Goe	Telecom Services	12163	10571	4204	NAVL
Gokul Agro Resources	201	225	K.J. Thakkar	FMCG	12139	11863	136	461
Shree Renuka Sugars	202	231	MNC	FMCG	12119	11319	-627	2132
Jammu and Kashmir Bank	203	216	Diversified	Banks	12051	11213	1771	12849
Ceat	204	197	RPG Group	Auto Ancillaries	12019	11943	643	6743
Amara Raja Batteries	205	211	R.N. Galla	Auto Ancillaries	12010	11708	934	2361
JSW Energy	206	202	Savitri Devi Jindal	Power	11957	11486	1723	2500
J K Cements	207	218	JK Group	Cement	11903	11556	791	4196
NHPC	208	195	Govt of India	Power	11703	9660	3624	3381
Swiggy	209	NAP	Sriharsha Majety, Nandan Reddy, Rahul Jaimini	New Age Tech	11646	11247	-2350	NAVL
DCM Shriram	210	187	Ajay Shriram, Vikram Shriram	Diversified	11629	11214	447	5843
HDFC Ergo GIC	211	224	HDFC, ERGO Intl	Insurance - General	11616	11606	438	NAVL
United Spirits	212	199	MNC	FMCG	11458	11321	1408	2598
Serum Institute of India	213	NAP	Cyrus Poonawalla	Pharma	11421	9549	4278	NAVL
Tata AIG General Insurance Company	214	215	Tata	Insurance - General	11408	11381	685	NAVL
Paradeep Phosphates	215	169	K.K. Birla Group	Fertilisers & Agrochem	11310	11575	100	1467
Deutsche Bank	216	235	MNC	Banks	11234	9723	1977	NAVL
Marico	217	201	Harsh Mariwala	FMCG	11181	11094	1481	1782
Berger Paints India	218	206	Dhingra brothers	FMCG	11179	11199	1168	4445
SEIL Energy India	219	NAP	Sembcorp	Power	11071	9832	2281	NAVL
Torrent Pharmaceuticals	220	222	Samir & Sudhir Mehta	Pharma	11029	10728	1656	18467
Raymond	221	242	Gautam Singhania	Textiles	11025	9020	1638	2133
Barclays Global Service Centre	222	233	MNC	IT Services	10969	10903	1017	NAVL
LifeStyle International	223	179	Micky Jagtiani	Retail	10929	11215	292	NAVL
Punjab & Sind Bank	224	239	Govt of India	Banks	10915	9694	595	NAVL
ABB India	225	232	MNC	Engineering	10775	10447	1242	3061
Adani Green Energy	226	247	Adani Group	Power - Renewables	10749	9220	1100	3324
Mankind Pharma	227	250	Juneja brothers	Pharma	10726	10335	1913	18428
Nuvoco Vistas Corporation	228	209	Karsanbhai Patel	Cement	10700	10733	147	3849
Abis Exports India	229	NAP	Bahadur Ali	FMCG (Poultry)	10646	10465	572	NAVL
NBCC	230	244	Govt of India	Infrastructure	10572	10433	402	989
Mazagon Dock Shipbuilders	231	252	Govt of India	Logistics (Ship building)	10568	9467	1937	946
One 97 Communications	232	257	Diversified	New Age Tech	10525	9978	-1417	28107
IIFL Finance	233	254	Nirmal Jain & Associates	NBFC	10490	10471	1764	14992
Macrotech Developers	234	219	M.P. Lodha	Real Estate	10470	10316	1549	4611
PDS	235	210	D.K. Seth	Textiles	10449	10373	144	4218
Hexaware Technologies	236	227	MNC	IT Services	10389	10380	998	NAVL
International Tractors	237	NAP	Lachman Dass Mittal	Auto - Tractor	10341	9485	1739	NAVL
Endurance Technologies	238	237	Anurang Jain	Auto Ancillaries	10340	10241	680	4070
Piramal Enterprises	239	121	Ajay Piramal	NBFC	10332	10110	-1684	219
Reliance Power	240	240	Anil Ambani	Power	10320	7893	-2068	1277
Supreme Industries	241	228	Taparia family	Plastics	10313	10134	1070	5565
Nirma	242	185	Karsanbhai Patel	FMCG	10285	10403	282	NAVL
Supermarket Grocery Supplies	243	220	Tata	New Age Tech	10230	10062	-1415	NAVL
India Yamaha Motor	244	229	MNC	Auto - Two Wheeler	10147	9671	705	NAVL
South Indian Bank	245	271	Diversified	Banks	10127	8613	1070	9836
Ashoka Buildcon	246	262	Parakh, Katariya families	Infrastructure	10112	9798	503	2201
Welspun India	247	275	B.K. Goenka	Textiles	9983	9679	681	21929
Persistent Systems	248	255	Anand Deshpande	IT Services	9950	9822	1093	21950
Karur Vysya Bank	249	282	Diversified	Banks	9863	8204	1605	8889
Balkrishna Industries	250	217	Arvind Poddar	Auto Ancillaries	9851	9369	1471	2778

Download the India Fortune 500 List to see companies ranked 251 to 500

 

What exactly is the Fortune India 500 list, and what purpose does it serve in the Indian business landscape?

The Fortune India 500 list is an annual ranking published by Fortune India magazine. It meticulously compiles the 500 largest corporations in India, based on their total revenue for the preceding fiscal year. This list isn't just a simple ranking; it's a vital barometer of the Indian economy's health and dynamism.

• Economic Indicator: It provides a comprehensive and objective overview of the performance of India's corporate sector.

• Investment Guide: Investors, both domestic and international, use this list to identify key players and potential investment opportunities.

• Benchmarking Tool: Companies use the list to benchmark their own performance against their competitors and industry peers.

• Trend Analysis: The list helps to identify emerging trends, growth sectors, and potential challenges within the Indian economy.

• Public Awareness: It raises public awareness of the significant contributions of India's largest corporations to the nation's economic development.

Who consistently holds the top position on the Fortune India 500 list, and what factors contribute to their dominance?

Reliance Industries has consistently held the top position on the Fortune India 500 list. Their dominance can be attributed to several factors:

• Diversified Portfolio: Reliance operates across a wide range of sectors, including petrochemicals, refining, retail, telecommunications (Jio), and digital services. This diversification cushions the company against sector-specific downturns.

• Strategic Investments: Reliance has made significant strategic investments in emerging sectors, such as telecommunications and digital services, positioning itself for future growth.

• Market Leadership: Reliance holds a dominant market share in several of its core businesses.

• Strong Financial Performance: The company consistently delivers strong financial results, driven by its diverse portfolio and efficient operations.

• Adaptability: Reliance has demonstrated a remarkable ability to adapt to changing market conditions and technological advancements.

When was the 2024 Fortune Global 500 list released, and what is its significance on a global scale?

The 2024 Fortune Global 500 list was released on August 5, 2024. This list ranks the 500 largest corporations worldwide, measured by revenue.

• Global Significance:

• Economic Power Indicator: It reflects the distribution of economic power among nations and regions.

• Global Investment Trends: It provides insights into global investment trends and the performance of multinational corporations.

• International Trade Analysis: It helps to analyze international trade patterns and the flow of goods and services across borders.

• Competitive Landscape: It showcases the competitive landscape of global industries and the leading players in each sector.

• Global Economic Health: It serves as a general indicator of the health of the global economy.

Where can individuals access the complete Fortune India 500 and Fortune Global 500 lists, and what information do they typically include?

• Fortune India 500: The complete list can be downloaded here on this ecommerce website.

• Information Included:

  • Company Name

  • Ranking

  • Number of Employees

• • Revenue

  • Profits

  • Headquarters Location

  • Industry Sector

  • Year-on-Year Changes in Ranking

Why is the Fortune India 500 list considered an essential tool for understanding the Indian economy, and what are its limitations?

• Importance:

• It offers a clear and concise picture of the performance of India's largest corporations, which are major drivers of economic growth.

• It highlights the sectors that are contributing the most to the economy.

• It provides valuable data for investors, policymakers, and business analysts.

• Limitations:

• Revenue-Based Ranking: The list is based solely on revenue, which may not fully reflect a company's overall performance or profitability. Other factors, such as market capitalization, innovation, and social impact, are not considered.

• Focus on Large Corporations: The list focuses on large corporations, potentially overlooking the contributions of small and medium-sized enterprises (SMEs), which are also vital to the Indian economy.

• Data Lag: The list is based on data from the previous fiscal year, which may not reflect the most current market conditions.

• Private Company Data: Gathering accurate data from private companies can be difficult, which may affect the completeness and accuracy of the list.

How is the Fortune India 500 list compiled, and what are the criteria used for ranking companies?

• Compilation Process:

• Fortune India gathers financial data from publicly available sources, such as annual reports and financial statements.

• The data is then audited and verified to ensure accuracy.

• Companies are ranked based on their total revenue for the preceding fiscal year.

• The list is then checked and verified before publication.

• Criteria:

• Total Revenue: The primary criterion for ranking is total revenue.

• Companies must be incorporated and operating in India.

How many Indian companies were included in the 2024 Fortune Global 500 list, and what does this signify about India's global economic presence?

Nine Indian companies were included in the 2024 Fortune Global 500 list. This signifies India's growing presence in the global economy and the increasing competitiveness of its corporations.

• Significance:

• It demonstrates India's emergence as a major economic power.

• It attracts foreign investment and strengthens India's global trade relationships.

• It shows that indian companies are able to compete on a global scale.

• It improves the overall economic image of india.

Who was a new company to enter the 2024 Fortune Global 500 list, and what factors contributed to their inclusion?

HDFC Bank was a new company to enter the 2024 Fortune Global 500 list.

• Factors Contributing to Inclusion:

• Merger with HDFC Ltd.: The merger significantly increased the bank's scale and revenue.

• Strong Financial Performance: HDFC Bank consistently delivers strong financial results, driven by its robust retail banking business and efficient operations.

• Expansion of Operations: The bank has expanded its operations across India and internationally.

• Digital Transformation: HDFC Bank has invested heavily in digital technology, enhancing its customer experience and operational efficiency.

Why did some companies see a decline in their ranking, and what are the common challenges faced by Indian corporations?

Ranking declines can be attributed to a variety of factors:

• Market Fluctuations: Changes in market conditions, such as commodity prices, exchange rates, and interest rates, can significantly impact a company's revenue.

• Industry-Specific Challenges: Certain industries may face specific challenges, such as regulatory changes, technological disruptions, or increased competition. For example, Indian Oil Corporation saw a decline in its ranking, possibly due to fluctuations in global oil prices.

• Economic Slowdowns: Economic slowdowns can reduce consumer spending and business investment, leading to lower revenue.

• Increased Competition: Increased competition from domestic and international players can put pressure on companies' market share and profitability.

• Geopolitical Issues: global events can affect supply chains, and therefore revenue.

• Common Challenges Faced by Indian Corporations:

• Infrastructure Bottlenecks: Inadequate infrastructure can hinder business operations and increase costs.

• Regulatory Hurdles: Complex and time-consuming regulatory processes can create barriers to entry and slow down business growth.

• Skilled Labor Shortages: Shortages of skilled labor can limit companies' ability to expand and innovate.

• Access to Finance: Access to affordable finance can be a challenge for many Indian corporations, particularly SMEs.

• Technological Disruption: The rapid pace of technological change requires companies to constantly adapt and innovate.

 

Download the complete India Fortune 500 List here