Global Fortune 500: India far, far, far behind China...

[tw00tw00]

This year's Global Fortune 500 list has just been published. It ranks the top 500 corporations by their revenue. While China has 109 companies on the list, India has only 7. China has three companies in the top 10, ranked at number 2, 3, and 4. No Indian company makes it to the top 150. In fact, the highest ranked Indian entity, Indian Oil, comes in at a lowly 168th place.

What accounts for such a dizzyingly wide gulf between China and India, and what can be done to close it? Let's hear it from our Indian members here. What ideas do you have?

2017 Global Fortune 500

 

[rendong]

 

[royalharris]

it is an insult for china to compare with india

 

[rcrmj]

but they have the mighty $5 perday middle class, IT 'superpower' like infosys, space 'superpower' ISRO, magical Vedic math and 'democracy'```the Global Fortune 500 is on CCP's payroll```!!!!

 

[OnlyTheTruth]

China's growth story has been awe inspiring, no two ways about it. And to think that not one Chinese company featured in the top 20, perhaps even top 50 of the Fortune500 twenty years back.. India will be well placed if it emulates in the next 20 even half of what China has achieved in the last 20 years.

Btw i don't see any Pakistani companies in the list. Not to worry though, CPEC the game changer is there.

 

[Ola]

What accounts for such a dizzyingly wide gulf between China and India, and what can be done to close it?

2017 Global Fortune 500[/QUOTE]

They are state owned monopolies, Larger the population, Larger the sole company.

 

[tw00tw00]

They are state owned monopolies, Larger the population, Larger the sole company.

As you can see, out of the seven Indian firms, four are state monopolies (Indian Oil, State Bank of India, Bharat Petroleum, and Hindustan Petroleum). And since India's population is roughly the same as China's, wouldn't it stand to reason that these four firms ought to have much higher revenues and be ranked much higher?

 

[tw00tw00]

but they have the mighty $5 perday middle class, IT 'superpower' like infosys, space 'superpower' ISRO, magical Vedic math and 'democracy'```the Global Fortune 500 is on CCP's payroll```!!!!

But you see, to be considered 'middle-class' in India, one only has to make a little over $1 per day.

 

[ito]

Majority of Chinese companies are state owned, with unlimited resources at hand, while in India, majorly private sector own companies. So it is natural that Chinese companies will be large.

 

[salarsikander]

China's growth story has been awe inspiring, no two ways about it. And to think that not one Chinese company featured in the top 20, perhaps even top 50 of the Fortune500 twenty years back.. India will be well placed if it emulates in the next 20 even half of what China has achieved in the last 20 years.

Btw i don't see any Pakistani companies in the list. Not to worry though, CPEC the game changer is there.

Aww. So you're comparing Pakistan with China and India. Lol at your insecurity.
A country nthat is technically under war for 14 years and is 1/6 of your size. Seriously Indians can't escape their typical syndrome

@ashok321

 

[OnlyTheTruth]

Aww. So you're comparing Pakistan with China and India. Lol at your insecurity.
A country nthat is technically under war for 14 years and is 1/6 of your size. Seriously Indians can't escape their typical syndrome

@ashok321

On the other hand most Indians would be happy if Pakistan finally swerves away from its path to self destruction and learn to peacefully coexist.

Your leaders have taken the citizens for a ride for the past 70 years, look at the state of your economy, agriculture and textiles in shambles, not one industrial house of repute to boast of..

No one is comparing your country to India, let alone China, we stopped doing that long ago. Time was ripe for a REALITY CHECK though!

 

[salarsikander]

On the other hand most Indians would be happy if Pakistan finally swerves away from its path to self destruction and learn to peacefully coexist.

Your leaders have taken the citizens for a ride for the past 70 years, look at the state of your economy, agriculture and textiles in shambles, not one industrial house of repute to boast of..

No one is comparing your country to India, let alone China, we stopped doing that long ago. Time was ripe for a REALITY CHECK though!

Yet like an in secured woman you brought Pakistan into comparison. You guys can never come out of the ganga syndrome.

Lol talk about the one who are taking people to suwarg for transporting cows and creating communal tensions

On the other hand most Indians would be happy if Pakistan finally swerves away from its path to self destruction and learn to peacefully coexist.

Your leaders have taken the citizens for a ride for the past 70 years, look at the state of your economy, agriculture and textiles in shambles, not one industrial house of repute to boast of..

No one is comparing your country to India, let alone China, we stopped doing that long ago. Time was ripe for a REALITY CHECK though!

Read the word under war to understand that

 

[SarthakGanguly]

We'll get there.

5 to 10 years.

 

[OnlyTheTruth]

Yet like an in secured woman you brought Pakistan into comparison. You guys can never come out of the ganga syndrome.

Lol talk about the one who are taking people to suwarg for transporting cows and creating communal tensions


Read the word under war to understand that

Shun violence, renounce terrorism, wean off sectarianism, abjure fundamentalism and above all don't let the Chinese use you as a pawn in the great game.
Who knows maybe in another 20 years or so we may finally see a Pakistani company feature in Fortune500.

 

[salarsikander]

Shun violence, renounce terrorism, wean off sectarianism, abjure fundamentalism and above all don't let the Chinese use you as a pawn in the great game.
Who knows maybe in another 20 years or so we may finally see a Pakistani company feature in Fortune500.

How about preach that to gau rakshaks and bkahts who have taken over the control of society. Know a butthrt Indian I'll tell a Pakistani about shunning Chinese lol