48 Indian Companies in Forbes Global 2000 (Top Companies Worldwide)

April 13th, 2008 by Angsuman Chakraborty

Leading the Indian pack is Reliance Industries with a market value of 89.29 Billion dollars. It is ranked 193 worldwide based on profit. Following closely is ONGC with a market value of 54.11 Billion and ranked 198 worldwide. Indian Oil, Bharat Petroleum & Hindustan Petroleum are the three other entrants from Oil & Natural Gas operations. They contribute a total of 166.46 Billion in market value. Mining natural resources is the single most profitable venture for Indian corporations. Unfortunately it requires a huge investment too.

Indian Banks are all over the list with State Bank of India in no. 3. There are 17 Indian banks in this list with a total market value of 132.73 Billion. Who knew profiting from others wealth was so profitable?

Software & Services sector is lead by TCS. With only 4 entrants in top 2000, it isn’t a pretty picture.

It appears most of “India shining” is through strip mining our natural resources. When will real India shine through our intellect and technological prowess?

Top 10 Indian Companies
Rank	Company	Country	Industry	Sales ($bil)	Profits ($bil)	Assets ($bil)	Market Value ($bil)
1	HSBC Holdings	United Kingdom	Banking	146.50	19.13	2,348.98	180.81
2	GeneralElectric	United States	Conglomerates	172.74	22.21	795.34	330.93
3	Bank ofAmerica	United States	Banking	119.19	14.98	1,715.75	176.53
4	JPMorgan Chase	United States	Banking	116.35	15.37	1,562.15	136.88
5	ExxonMobil	United States	Oil &Gas Operations	358.60	40.61	242.08	465.51
6	Royal DutchShell	Netherlands	Oil & Gas Operations	355.78	31.33	266.22	221.09
7	BP	United Kingdom	Oil &Gas Operations	281.03	20.60	236.08	204.94
8	Toyota Motor	Japan	ConsumerDurables	203.80	13.99	276.38	175.08
9	ING Group	Netherlands	Insurance	197.93	12.65	1,932.15	75.78
10	BerkshireHathaway	United States	Diversified Financials	118.25	13.21	273.16	216.65
10	Royal Bank ofScotland	United Kingdom	Banking	108.45	14.62	3,807.51	76.64

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