The Fortune 500 is an annual list that is compiled and published by Fortune magazines. This list includes publicly held companies along with privately held companies for which the revenues are publicly available. There are in total 7 Indian companies in the list of Fortune 500 companies. The name of the 7 Indian companies in the Fortune 500 list is listed below.
List of the 7 Indian companies in the Fortune 500
- Reliance Industries limited
- Indian Oil Corporation Limited
- Oil & Natural Gas Corporation Ltd
- State Bank of India
- Tata Motors
- Bharat Petroleum
- Rajesh Exports
1. Reliance Industries Limited
Reliance Industries Limited is an Indian multinational company that was founded in 1973 by Mr. Dhirubhai Ambani. It is one of the most profitable companies in India.
The company exports to 108 countries. Reliance is engaged in a lot of businesses which are energy, petrochemicals, textiles, natural resources, retail, telecommunication, etc.
Reliance ranks 96th on Fortune 500 companies list. The current chairman and Managing Director of Reliance Industries are Mukesh Ambani. It is the first company that has exceeded the market capitalization of Rs10 Lack crore.
2. Indian Oil Corporations Limited
Indian Oil Corporations is an Indian public sector company which is headquartered in New Delhi. It was founded in 1959 by Shrikant Madhav Vaidya. Indian Oil is ranked 150th on Fortune 500 companies list. It has a market capitalization of around 76000 crores,
Indian Oil Corporation is engaged in hydrocarbon value chain Refining, Pipeline transportation & marketing, Exploration & production of crude oil & gas, Petrochemicals.
3. Oil and Natural Gas Corporations limited
Oil and Natural Gas Corporations is a public sector crude oil company. The company was founded in 1956. Its registered office is in New Delhi. The government of India owns this company. It ranks 160th on Fortune 500 companies list.
It is one of the largest Oil and Gas production companies in India. It is also ranked as the largest profit-making PSU in the country.
4. State Bank of India (SBI)
State Bank of India is a public sector bank and is the biggest bank in India which is headquartered in Mumbai Maharashtra. SBI is the 43rd largest bank globally. It is owned by the Government of India. SBI ranks 221st in Fortune 500 companies list. It was founded in 1955.
5. Tata Motors
Tata Motors Limited is an Indian multinational automobile company that is headquartered in Mumbai Maharashtra. It is a part of Tata Group whose Chairman was Ratan Tata. The products of the company include cars, Trucks, Buses, sports cars, military equipment, etc.
Tata Motors was founded in 1945. The company ranks 337th on Fortune 500 companies list.
6. Bharat Petroleum
Bharat Petroleum limited is an Indian public sector oil company. The company’s headquarters is in Maharashtra. It was founded in 1503. The current CEO of the company is D, Rajkumar. Bharat Petroleum ranks 275th in the Fortune 500 list of companies.
7. Rajesh Exports
Rajesh Exports Limited is a gold retailer globally which refines, designs, and sells gold and jewelry in India and Abroad. It is the 8th largest company in revenue with approximately $26000 million.
The executive Chairman of Rajesh Exports is Mr. Rajesh Mehta and the present managing director of the company is Mr. Prashant Mehta. The company was founded in 1989. Rajesh Exports ranks 495th in the Fortune 500 list of companies.
Visit : List of Fortune 500 companies