How big is India's biggest companies?

In Fortune Global 500 list of 2020, only 7 Indian companies made it to the list. This list featured all public listed companies. The 500th company to made it to the list is Shanxi Jincheng Anthracite Coal Mining Ltd. with a revenue of $25.3 billion. The biggest company from India is Reliance Industries Limited with total revenue of ₹615854 crore or $ 86.26 billion. This means India has no company with revenue over 100 billion USD. The countries with companies having revenue more than $100 billion are -

  1. USA (32 companies)
  2. China (16 companies)
  3. Japan (6 companies)
  4. France (3 companies)
  5. Netherlands and Russia (2 companies)
  6. Italy, UK, Saudi Arabia, Singapore, South Korea, Switzerland and Taiwan (1 company)
This means India has only 7 companies with revenue more than $25 billion. There is also Fortune India 500 list featuring India's top 500 publicly listed companies. Some of the remarkable companies are -

1. Reliance Industries Limited (₹615854 crore, $ 86.26 billion)
28. HCL Technologies (₹71265 crore, $9.98 billion)
51. Sun Pharma (₹33188 crore, $4.65 billion)
100. Cadila Healthcare (₹14460 crore, $2.03 billion)
149. Eicher Motors (₹9644 crore, $1.35 billion)
197. DLF (₹7228.47 crore, $1.01 billion)
251. Sterlite Technologies (₹5091 crore, $713 million)
304. GSK Pharma (₹3885 crore, $544 million)
350. Narayana Hrudalaya (₹3151 crore, $441 million)
399. Bharat Dynamics (₹2707 crore, $379 million)
451. NIIT (₹2313.69 crore, $324 million)
500. IOL Chemicals and Pharmaceuticals (₹1889.53 crore, $265 million)

Based on the above trend we can see, 28 companies has revenue more than ~$10 billion, 100 companies revenue more than ~$2 billion, 200 companies revenue more than ~$1 billion. This gives a slightest idea that India companies are actually punching below their weights. But if we go back to 2010 we can see, 13 companies had revenue more than ~$10 billion, 76 companies with ~$2 billion and 157 companies more than ~$1 billion. By 2030, at least 5-6 companies should have revenue more than $100 billion to achieve a respectable position. More companies with high revenue means more jobs. Indian private sector industries needed support from government to achieve this feat.

*Biggest US company by revenue - Walmart ($524 billion)
*Biggest Chinese company by revenue - Sinopec ($407 billion)

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