Thursday, April 3, 2008

India Companies in The Global 2000

Forbes released its annual list of the Global 2000 this week with a number of Indian companies on the list. The largest Indian company (Reliance Industries) checks in at #193. What's interesting is the top 8 out of 10 Indian companies are all "old industry" (steel, utilities, oil and gas), with only two communication comapnies representing New India. I suspect this will change in 5 years, but for now the old industries still rule.

Global 2000 table (Top Indian companies shown)

Rank Company Country Industry Sales ($bil) Profits ($bil) Assets ($bil) Market Value ($bil)
193 Reliance Industries India Oil & Gas Operations 26.07 2.79 30.67 89.29
198 Oil & Natural Gas India Oil & Gas Operations 18.90 4.11 33.79 54.11
219 State Bank of India Group India Banking 15.77 1.47 188.56 33.29
303 Indian Oil India Oil & Gas Operations 42.68 1.82 25.39 16.36
374 Icici Bank India Banking 9.84 0.64 91.07 29.85
411 NTPC India Utilities 7.84 1.60 20.34 41.57
647 Steel Authority of India India Materials 7.88 1.45 8.05 26.37
738 Tata Steel India Materials 5.83 0.97 11.48 14.63
826 Bharti Airtel India Telecommunications Services 4.26 0.94 6.61 39.16
846 Reliance Communications India Telecommunications Services 3.13 0.65 13.08 29.63
927 Tata Consultancy Svcs India Software & Services 4.32 0.97 3.03 21.38
949 HDFC-Housing Devel India Banking 1.49 0.40 16.97 19.07
961 Larsen & Toubro India Capital Goods 4.68 0.52 5.72 24.94
967 Bharat Petroleum India Oil & Gas Operations 22.77 0.50 8.67 4.16
1012 Bharat Heavy Electricals India Capital Goods 3.99 0.56 5.17 27.92
1040 Infosys Technologies India Software & Services 3.21 0.89 3.08 22.09
1093 HDFC Bank India Banking 1.96 0.27 21.09 12.87
1102 Wipro India Software & Services 3.47 0.68 3.26 15.87
1111 Tata Motors India Capital Goods 7.27 0.50 5.77 6.75

To see the entire India Forbes list click here

2 comments:

Anonymous said...

Hi

Great stuff...

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Keep up the good work!

Tammy

Anonymous said...

Good Stuff!

Hope Indian companies would shine further!

Thanks,

Neelakantha

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