Top 20 Largest Companies In India

Companies are Important for Countries Economy and also Creation of Employment to the People. Today, In this Article We are listing out the Top 20 Largest Companies in India on the basis of Revenue Generated By Them. Take a Look Into It.

Top 20 Largest Companies In India

1.Reliance Industries

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It Is The First Largest Company in India. Reliance Industries Limited (RIL) is an Indian multinational conglomerate company headquartered in Mumbai, Maharashtra. Reliance owns businesses across India engaged in energy, petrochemicals, textiles, natural resources, retail, and telecommunications. Reliance is one of the most profitable companies in India, the largest publicly traded company in India by market capitalization, and the largest company in India as measured by revenue after recently surpassing the government-controlled Indian Oil Corporation. On 18 October 2007, Reliance Industries became the first Indian company to exceed $100 billion market capitalization.

The company is ranked 106th on the Fortune Global 500 list of the world's biggest corporations as of 2019. It is ranked 8th among the Top 250 Global Energy Companies by Platts as of 2016. Reliance continues to be India's largest exporter, accounting for 8% of India's total merchandise exports with a value of Rs 147,755 crore and access to markets in 108 countries. Reliance is responsible for almost 5% of the government of India's total revenues from customs and excise duty. It is also the highest income tax payer in the private sector in India. In 2019, Reliance Industries become the first Indian company to cross Rs 9 lakh crore market valuation mark. It has become the first-ever Indian company to cross Rs 10 lakh crore market capitalization.


2.Indian Oil Corporation



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It is the Second Largest Company in India. Indian Oil Corporation Limited (IOCL) is commonly known as IndianOil is an Indian government-owned oil and gas company headquartered in New Delhi. It is the largest commercial oil company in the country, with a net profit of INR 19,106 crore (USD 2.848 billion) for the financial year 2016–17 It is ranked 1st in Fortune India 500 list for the year 2016and 117th in Fortune Global 500 list of world's largest companies in the year 2019. As of 31 March, 2017 IndianOil's employee strength is 33,135, out of which 16,545 are in the officer cadre. It is India's largest downstream oil company, with a workforce of more than 33,000 employees, a turnover of Rs. 506,428 crore and a net profit of Rs. 21,346 crore in 2017-18.

IndianOil's business interests overlap the entire hydrocarbon value-chain, including refining, pipeline transportation, marketing of petroleum products, exploration and production of crude oil, natural gas and petrochemicals.

IndianOil has ventured into alternative energy and globalization of downstream operations. It has subsidiaries in Sri Lanka (Lanka IOC), Mauritius (IndianOil (Mauritius) Ltd)and the Middle East (IOC Middle East FZE).

In May 2018, IOCL becomes India's most profitable state-owned company for the second consecutive year, with a record profit of ₹21,346 crores in 2017-18, followed by Oil and Natural Gas Corporation, whose profit stood at ₹19,945 crores. In February 2020, the company signed a deal with the Russian oil company Rosneft to buy 40,000 barrels per day of crude in the year 2020.

3.Oil & Natural Gas Corporation


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It Is The Third Largest Company in India. Oil and Natural Gas Corporation (ONGC) is an Indian Multinational Crude Oil and Gas Corporation. Its registered office is in New Delhi, India. It is a state-owned enterprise of the Government of India, under the administrative control of the Ministry of Petroleum and Natural Gas. It is the largest oil and gas exploration and production company in the country. It produces around 70% of India's crude oil (equivalent to around 57% of the country's total demand) and around 84% of its natural gas. In November 2010 Government of India gave ONGC the Maharatna status.

In a government survey for the fiscal year 2019-20, it was ranked as the largest profit-making PSU in India. It is ranked 7th among the Top 250 Global Energy Companies by Platts.

ONGC was founded on 14 August 1956 by the Government of India. It is involved in exploring for and exploiting hydrocarbons in 26 sedimentary basins of India and owns and operates over 11,000 kilometers of pipelines in the country. Its international subsidiary ONGC Videsh currently has projects in 17 countries. ONGC has discovered 6 of the 7 commercially producing Indian Basins, in the last 50 years, adding over 7.1 billion tonnes of In-place Oil & Gas volume of hydrocarbons in Indian basins. Against a global decline of production from matured fields, ONGC has maintained production from its brownfields like Mumbai High, with the help of aggressive investments in various IOR (Improved Oil Recovery) and EOR (Enhanced Oil Recovery) schemes. ONGC has many matured fields with a current recovery factor of 25–33%. Its Reserve Replacement Ratio for between 2005 and 2013, has been more than one. During FY 2012–13, ONGC had to share the highest ever under-recovery of INR 89765.78 billion (an increase of INR 17889.89 million over the previous financial year) towards the under-recoveries of Oil Marketing Companies (IOC, BPCL and HPCL). On 1 November 2017, the Union Cabinet approved ONGC for acquiring a majority 51.11% stake in HPCL (Hindustan Petroleum Corporation Limited). On Jan 30th, 2018, Oil & Natural Gas Corporation acquired the entire 51.11% stake of Hindustan Petroleum Corporation.

4.State Bank of India




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It Is The Fourth Largest Company in India. The State Bank of India (SBI) is an Indian multinational, public sector banking and financial services statutory body. It is a government corporation statutory body headquartered in Mumbai, Maharashtra. SBI is ranked 236th in the Fortune Global 500 list of the world's biggest corporations of 2019. It is the largest bank in India with a 23% market share in assets, besides a share of one-fourth of the total loan and deposits market.


The bank descends from the Bank of Calcutta, founded in 1806, via the Imperial Bank of India, making it the oldest commercial bank in the Indian subcontinent. The Bank of Madras merged into the other two "presidency banks" in British India, the Bank of Calcutta and the Bank of Bombay, to form the Imperial Bank of India, which in turn became the State Bank of India in 1955. The Government of India took control of the Imperial Bank of India in 1955, with Reserve Bank of India (India's central bank) taking a 60% stake, renaming it to the State Bank of India.


5.Tata Motors


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It Is The Fifth Largest Company in India. Tata Motors Limited, formerly Tata Engineering and Locomotive Company (TELCO), is an Indian multinational automotive manufacturing company headquartered in Mumbai, Maharashtra, India. It is a part of Tata Group, an Indian conglomerate. Its products include passenger cars, trucks, vans, coaches, buses, sports cars, construction equipment, and military vehicles.

Tata Motors has auto manufacturing and assembly plants in Jamshedpur, Pantnagar, Lucknow, Sanand, Dharwad, and Pune in India, as well as in Argentina, South Africa, Great Britain, and Thailand. It has research and development centers in Pune, Jamshedpur, Lucknow, and Dharwad, India and South Korea, Great Britain, and Spain. Tata Motors' principal subsidiaries purchased the English premium car maker Jaguar Land Rover (the maker of Jaguar and Land Rover cars) and the South Korean commercial vehicle manufacturer Tata Daewoo. Tata Motors has a bus-manufacturing joint venture with Marcopolo S.A. (Tata Marcopolo), a construction-equipment manufacturing joint venture with Hitachi (Tata Hitachi Construction Machinery), and a joint venture with Fiat Chrysler which manufactures automotive components and Fiat Chrysler and Tata branded vehicles.

Founded in 1945 as a manufacturer of locomotives, the company manufactured its first commercial vehicle in 1954 in a collaboration with Daimler-Benz AG, which ended in 1969. Tata Motors entered the passenger vehicle market in 1988 with the launch of the TataMobile followed by the Tata Sierra in 1991, becoming the first Indian manufacturer to achieve the capability of developing a competitive indigenous automobile. In 1998, Tata launched the first fully indigenous Indian passenger car, the Indica, and in 2008 launched the Tata Nano, the world's cheapest car. Tata Motors acquired the South Korean truck manufacturer Daewoo Commercial Vehicles Company in 2004 and purchased Jaguar Land Rover from Ford in 2008.

Tata Motors is listed on the (BSE) Bombay Stock Exchange, where it is a constituent of the BSE SENSEX index, the National Stock Exchange of India, and the New York Stock Exchange. The company is ranked 265th on the Fortune Global 500 list of the world's biggest corporations as of 2019.

On 17 January 2017, Natarajan Chandrasekaran was appointed chairman of the company Tata Group. Tata Motors increases its UV market share to over 8% in FY2019.

6.Bharat Petroleum Corporation

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It Is the Sixth Largest Company in India. Bharat Petroleum Corporation Limited (BPCL) is a Public sector undertaking controlled oil and gas company headquartered in Mumbai, Maharashtra. The Corporation operates two large refineries of the country located in Kochi and Mumbai. The company is India's 2nd largest downstream oil company and is ranked 275th on the Fortune list of the world's biggest corporations as of 2019. BPCL ranked 672 in the Forbes 2018 list.

7.Rajesh Exports



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It Is The Seventh Largest Company in India. Rajesh Exports Limited is a gold retailer in India which refines, designs, and sells gold and jewelry. The company ranked 495th on the Fortune Global 500 in 2019, with revenues of more than $25,142 million, making it the eighth largest company in India by revenue. The present managing director is Prashant Mehta and the executive chairman is Rajesh Mehta.


8.Tata Steel



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It Is The Eighth Largest Company in India. Tata Steel Limited, formerly Tata Iron and Steel Company Limited (TISCO), is an Indian multinational steel-making company headquartered in Mumbai, Maharashtra, India, marketing headquarters in Kolkata, West Bengal, India, and a subsidiary of the Tata Group.

It is one of the top steel producing companies globally with annual crude steel deliveries of 27.5 million tonnes (in FY17), and the second-largest steel company in India (measured by domestic production) with an annual capacity of 13 million tonnes after SAIL.

Tata Steel operates in 26 countries with key operations in India, Netherlands and United Kingdom, and employs around 80,500 people. Its largest plant (10 MTPA capacity) is located in Jamshedpur, Jharkhand. In 2007, Tata Steel acquired the UK-based steel maker Corus.
It was ranked 486th in the 2014 Fortune Global 500 ranking of the world's biggest corporations. It was the seventh most valuable Indian brand of 2013 as per Brand Finance.

9.Coal India

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It Is The Ninth Largest Company in India. Coal India Limited (CIL) is an Indian state-owned coal mining and refinery company headquartered in Kolkata, West Bengal, India. It is the largest coal-producing company in the world and a Maharatna PSU.

The company contributes to around 82% of coal production in India. It produced 554.14 million tonnes of raw coal in 2016-17, an increase from its earlier production of 494.24 million tonnes of coal during FY2014–15 and earned a revenue of ₹95,435 crores (US$13 billion) from the sale of coal in the same financial year. As of 14 October 2015,[9] Union Government of India owns CIL and controls the operations of CIL through the Ministry of Coal.[3] In April 2011, CIL was conferred the Maharatna status by the Union Government of India, making it one of the seven with that status. As of 14 October 2015, its market capitalization was ₹2.11 lakh crore (US$30 billion) making it India's 8th most valuable company by market value.

10.Tata Consultancy Services

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It Is The Tenth Largest Company in India.TATA Consultancy Services Limited (TCS) is an Indian multinational information technology (IT) service and consulting company headquartered in Mumbai, Maharashtra, India. It is a subsidiary of Tata Group and operates in 149 locations across 46 countries.

TCS is the largest Indian company by market capitalization. Tata consultancy services are now placed among the most valuable IT services brands worldwide. In 2015, TCS was ranked 64th overall in the Forbes World's Most Innovative Companies ranking, making it both the highest-ranked IT services company and the top Indian company. It is the world's largest IT services provider. As of 2018, it is ranked eleventh on the Fortune India 500 list. In April 2018, TCS became the first Indian IT company to reach $100 billion market capitalization, and second Indian company ever (after Reliance Industries achieved it in 2007)after its market capitalization stood at ₹6,79,332.81 crore ($102.6 billion) on the Bombay Stock Exchange.


In 2016–2017, Parent company Tata Sons owned 20% of TCS; and more than 70% of Tata Sons' dividends were generated by TCS. In March 2018, Tata Sons decided to sell stocks of TCS worth $1.25 billion in a bulk deal.

11.Larsen & Toubro

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It Is The Eleventh Largest Company in India. Larsen & Toubro Limited, commonly known as L&T is an Indian multinational conglomerate company headquartered in Mumbai, Maharashtra, India. It was founded by two Danish engineers taking refuge in India. The company has business interests in basic and heavy engineering, construction, realty, manufacturing of capital goods, information technology, and financial services. As of March 31, 2018, L&T Group comprises 93 subsidiaries, 8 associates, 34 joint-venture and 33 joint operations companies.


12.ICICI Bank

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It is the Twelfth Largest Company in India.ICICI Bank Limited is an Indian multinational banking and financial services company headquartered in Mumbai, Maharashtra with its registered office in Vadodara, Gujarat. As of 2018, ICICI Bank is the second-largest bank in India in terms of assets and market capitalization. It offers a wide range of banking products and financial services for corporate and retail customers through a variety of delivery channels and specialized subsidiaries in the areas of investment banking, life, non-life insurance, venture capital, and asset management. The bank has a network of 5,275 branches and 15,589 ATMs across India and has a presence in 17 countries including India.


ICICI Bank is one of the Big Four banks of India. The bank has subsidiaries in the United Kingdom and Canada; branches in United States, Singapore, Bahrain, Hong Kong, Qatar, Oman, Dubai International Finance Centre, China and South Africa;  and representative offices in United Arab Emirates, Bangladesh, Malaysia, and Indonesia. The company's UK subsidiary has also established branches in Belgium and Germany.

13.Hindalco Industries



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It is the thirteenth Largest Company in India. Hindalco Industries Ltd., an Indian aluminum and copper manufacturing company, is a subsidiary of the Aditya Birla Group. Its headquarters are at Mumbai, Maharashtra, India. It is the Flagship company in the metals business.


The company has annual sales of US$ 15 billion and employs around 20,000 people. It is listed in Forbes Global 2000 at 895th rank. Its market capitalization by the end of May 2013 was US$ 3.4 billion.[6] Hindalco is one of the world's largest aluminum rolling companies and one of the biggest producers of primary aluminum in Asia.

14.HDFC Bank

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It Is the Fourteenth Largest Company in India. HDFC Bank Ltd. is an Indian banking and financial services company headquartered in Mumbai, Maharashtra. It has a base of 104154 permanent employees as of 30 June 2019.HDFC Bank is India’s largest private sector lender by assets. It is the largest bank in India by market capitalization as of March 2020. It was ranked 60th in 2019 BrandZ Top 100 Most Valuable Global Brands.


15.Mahindra & Mahindra



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It is the Fifteenth Largest Company in India. Mahindra & Mahindra Limited is an Indian multinational car manufacturing corporation headquartered in Mumbai, Maharashtra, India. It was established in 1945 as Muhammad & Mahindra and later renamed as Mahindra and Mahindra. It is one of the largest vehicle manufacturers by production in India and the largest manufacturer of tractors in the world. It is a part of the Mahindra Group, an Indian conglomerate.


It was ranked 17th on a list of top companies in India by Fortune India 500 in 2018. Its major competitors in the Indian market include Maruti Suzuki and Tata Motors.

16.HDFC

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It s the Sixteenth Largest Company in India. Housing Development Finance Corporation Limited (HDFC) is an Indian financial services company based in Mumbai, India. It is a major provider of finance for housing in India. It also has a presence in banking, life and general insurance, asset management, venture capital, realty, education, deposits, and education loans.

17.NTPC


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It is the Seventeeth Largest Company in India.NTPC Limited, formerly known as National Thermal Power Corporation Limited, is an Indian Public Sector Undertaking, engaged in the business of generation of electricity and allied activities. It is a company incorporated under the Companies Act 1956 and is promoted by the Government of India. The headquarters of the company is situated at New Delhi. NTPC's core business is the generation and sale of electricity to state-owned power distribution companies and State Electricity Boards in India. The company also undertakes consultancy and turnkey project contracts that involve engineering, project management, construction management and operation and management of power plants.

The company has also ventured into oil and gas exploration and coal mining activities. It is the largest power company in India with an electric power generating capacity of 58,156 MW. Although the company has approx. 16% of the total national capacity contributes to over 25% of total power generation due to its focus on operating its power plants at higher efficiency levels (approx. 80.2% against the national PLF rate of 64.5%).NTPC currently produces 25 billion units of electricity per month.

NTPC currently operates 53 power stations (22 Coal, 7 combined cycle gas/liquid fuel, 2 Hydro, 1 Wind and 11 solar projects). Further, it has 9 coal and 1 gas station, owned by joint ventures or subsidiaries.

It was founded by Government of India in 1975, which now holds 54.74% of its equity shares on 30.06.2016  (after the divestment of its stake in 2004, 2010, 2013, 2014, 2016, & 2017)
In May 2010, NTPC was conferred Maharatna status by the Union Government of India, one of the only four companies to be awarded this status. It is ranked 400th in the Forbes Global 2000 for 2016.

18.Vedanta

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It is the Eighteenth Largest Company in India. Vedanta Resources Limited is a global diversified metals and mining company with its headquarters in London, United Kingdom. It is the largest mining and non-ferrous metals company in India and has mining operations in Australia and Zambia and oil and gas operations in three countries. Its main products are Zinc, Lead, Silver, Oil & Gas, Iron Ore, Steel, Aluminium and Power. It has also developed commercial power stations in India in Odisha (2,400 MW) and Punjab (1,980 MW).

The company is primarily owned by the family of Anil Agarwal through Volcan Investments, a holding vehicle with a 61.7% stake in the business. Vedanta Limited (formerly Sesa Goa / Sterlite) is one of the many Indian subsidiaries of Vedanta resources and operates iron ore mines in Goa.


Vedanta was listed on the London Stock Exchange and was a constituent of the FTSE 250 Index until Chairman, Anil Agarwal's offer to take the company private went unconditional in September 2018.

19.Maruti Suzuki India



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It Is the Nineteenth Largest Company in India. Maruti Suzuki India Limited, formerly known as Maruti Udyog Limited, is an automobile manufacturer in India. It is a 56.21% owned subsidiary of the Japanese car and motorcycle manufacturer Suzuki Motor Corporation. As of July 2018, it had a market share of 53% of the Indian passenger car market. Maruti Suzuki manufactures and sells popular cars such as the Ciaz, Ertiga, Wagon R, Alto K10 and Alto 800, Swift, Celerio, Swift Dzire, Baleno and Baleno RS, Omni, Baleno, Eeco, Ignis, S-Cross, Vitara Brezza, and newly launched S-Presso small SUV. The company is headquartered in New Delhi. In May 2015, the company produced its fifteen millionth vehicle in India, a Swift Dzire.

20.Nayara Energy

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It Is the Twentieth Largest Company in India. Nayara  Energy (formerly Essar Oil Limited) Limited is a privately-held downstream oil company based in Mumbai, India, that encompasses refining, marketing, production and a network of over 5,000 retail fuel outlets in India. The company is chaired by Charles Anthony Fountain; B. Anand is CEO. In 2017 Essar Oil was acquired by Rosneft and an investment consortium led by Trafigura & UCP Investment Group.



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