8 Indian cos in Fortune 500 list

[Ajit Mogan]

8 Indian cos in Fortune 500 list


Eight Indian companies have made the cut in the list of world's 500 largest companies compiled by Fortune magazine, with Indian Oil and Reliance Industries finding a place in the top 100.

Out of the eight, five are state-run entities. With an annual revenue of USD 86,016 million, Indian Oil has cornered the 83rd spot up from 98th place last year.

Mukesh Ambani-led Reliance Industries is the first Indian private firm to made into the top 100 list. With an annual revenue of USD 76,119 million, RIL, has improved its ranking to 99 from previous year's 134.

Besides IOC and RIL, the other Indian companies in the list are steel-maker Tata Steel, auto company Tata Motors, oil entities Bharat Petroleum, Hindustan Petroleum and Oil & Natural Gas and public sector bank State Bank of India.

The list also features Citigroup, ArcelorMittal, led by people with Indian roots.

Fortune's global list of world's 500 largest companies for 2012, compiled on the basis of latest annual revenue figures, is topped by Royal Dutch Shell ending the retail major Wal-Mart Stores's two-year winning streak. The energy giant had annual revenues of USD 484,489 million.

At the second place is energy firm Exxon Mobil, followed by Wal-Mart Stores, energy company BP, and oil producer and refiner Sinopec Group.

Bharat Petroleum featured at 225th place, followed by Hindustan Petroleum (267), SBI (285), Tata Motors (314), ONGC (357) and Tata Steel (401).

According to magazine, Bharat Petroleum had the revenues to the tune of USD 44,582 million, followed by Hindustan Petroleum (USD 38,885 million), SBI (36,950 million), Tata Motors (USD 34,575 million), ONGC (30,746 million)and Tata Steel (USD 27,739 million.)

Interestingly, the 2011 list also featured the same eight Indian companies.

Last year, Bharat Petroleum was at the 272nd position, followed by SBI (292), Hindustan Petroleum (336), Tata Motors (359), ONGC (361) and Tata Steel (370).

American companies have cornered 132 places in the list, followed by China, with 73 seats and then Japan with 68 seats.


8 Indian cos in Fortune 500 list - Indian Express

 

[Chinese-Dragon]

American companies have cornered 132 places in the list, followed by China, with 73 seats and then Japan with 68 seats.

Interesting how they put this line at the very end of the article.

 

[faithfulguy]

Interesting how they put this line at the very end of the article.

That is because of thread is all about India. Not about China and the US. I read up an article about India hoping to win at least 8 medals in London Olympics. If India can accomplish that, good for them.

 

[jbond197]

Interesting how they put this line at the very end of the article.

Because the news is about Indian companies now why would one have problem with that I fail to understand..

 

[acetophenol]

Congrats to the eight who mad in.
Congrats to all those who made in.

Our position should be improved.

 

[Icewolf]

Sad that India only has 8 companies for 1.2 billion people while Pakistan has 2 companies for 180 million people

 

[faithfulguy]

Sad that India only has 8 companies for 1.2 billion people while Pakistan has 2 companies for 180 million people

Don't feel sad for them, Indians are quite proud of these 8 companies. It could have been zero.

 

[Agni5000]

Sad that India only has 8 companies for 1.2 billion people while Pakistan has 2 companies for 180 million people

what are these 2?

 

[Roybot]

Sad that India only has 8 companies for 1.2 billion people while Pakistan has 2 companies for 180 million people

Pakistan has 0 companies in the Fortune 500, stop lying and feel sad for yourself

 

[Mr.Wick]

There's nothing to be proud of, these 8 companies were much likely to be there.

Its a shame actually. I seriously hope the number increases.

 

[harpoon]

Interesting how they put this line at the very end of the article.

This is from an Indian News paper..not a Chinese one. You have a problem with that?

 

[sangsharma]

Sad that India only has 8 companies for 1.2 billion people while Pakistan has 2 companies for 180 million people

Really?

 

[acetophenol]

Don't feel sad for them, Indians are quite proud of these 8 companies. It could have been zero.

yeah you are correct. We feel proud of OUR 8 companies that made it into the list,and it could have been zero easily.Insha allah,we'll improve in coming years.

 

[Cherokee]

Sad that India only has 8 companies for 1.2 billion people while Pakistan has 2 companies for 180 million people

Japan has population of 127 million and still has 68 companies on list . It is not about population and it will never be about population . It's about how many big companies your country has ,which in this case has a BIG FAT 0 . Thanks to Roybot for pointing it out . Lying in plain sight lol

 

[faithfulguy]

yeah you are correct. We feel proud of OUR 8 companies that made it into the list,and it could have been zero easily.Insha allah,we'll improve in coming years.

Unfortunately for Taiwan, it only has 6 companies in the global 500. But rest assure that I'm not comparing Taiwan with India.