India, one of the fastest-growing economies globally, boasts a vibrant business landscape that is home to a multitude of successful enterprises spanning various sectors. These companies not only drive economic growth but also play a pivotal role in shaping India’s business landscape and influencing global markets. Here, we delve into the top 10 companies that stand as the pillars of India’s corporate sector:
Biggest Companies in India
India’s corporate landscape is dominated by giants like Reliance Industries, Tata Group, and HDFC Bank, reflecting diverse sectors from telecommunications to banking and conglomerates. These entities drive economic growth, innovation, and job creation, embodying India’s entrepreneurial spirit on both domestic and global scales. Their influence extends far beyond borders, shaping the nation’s economic trajectory and global competitiveness.
India’s Largest Company 2024
Reliance Industries, led by CEO Mukesh D. Ambani, stands as India’s largest company by market capitalization since its establishment in 1958. Operating across energy, petrochemicals, textiles, retail, and telecommunications, Reliance’s diverse portfolio underscores its formidable market presence. Despite setbacks like the halted $15 billion deal with Saudi Aramco due to the pandemic, Reliance’s subsidiaries, including Jio and Reliance BP Mobility Ltd., continue to attract investments and innovate, introducing premium diesel and international brands like Gap to the Indian market.
Key Facts Related to Largest Company of India
Here are the key facts related to Reliance Industries, the largest company of India:
- CEO: Mukesh D. Ambani
- Founded: 1958
- Largest company in India by market cap
- Operates in energy, petrochemicals, textiles, retail, telecommunications, and more
- $15 billion deal with Saudi Aramco on hold due to COVID-19
- Jio attracts investments from Google and Meta
- Reliance BP Mobility Ltd. introduces premium diesel technology
- Reliance Retail collaborates with international designers, bringing brands like Gap to India.
Top-10 Biggest Companies in India 2024
Reliance Industries with the market capitalization of Rs.17.97 crore claims the title of the biggest company in India, followed by TATA Consultancy Service, HDFC Bank, and ICICI Bank.
Here is the list of top-10 largest companies in India 2024:
LARGEST COMPANIES IN INDIA 2024 | |||
Rank | Company | Sector | Market Capitalization (in INR, Lakh, Crore) |
1. | Reliance Industries | Oil Exploration and Production | 17.97 |
2. | TATA Consultancy Services | Information Technology | 13.96 |
3. | HDFC Bank | Banking | 10.86 |
4. | ICICI Bank | Banking | 7.21 |
5. | Infosys | Information Technology | 6.81 |
6. | Bharti Airtel | Telecommunications | 6.50 |
7. | ITC | Consumer Goods | 5.73 |
8. | Hindustan Unilever (HUL) | Consumer Goods | 5.57 |
9. | LIC India | Insurance | 5.52 |
10. | State Bank of India (SBI) | Banking | 5.40 |
India’s Biggest Company – Reliance Industries
Sector: Oil Exploration and Production
Market Capitalization: Rs. 17.97 Crore
Reliance Industries, led by CEO Mukesh D. Ambani, stands as India’s largest company, founded in 1958. Operating across diverse sectors including energy, petrochemicals, retail, and telecommunications, its market cap reflects its vast operations. Despite a $15 billion deal with Saudi Aramco put on hold due to COVID-19, its subsidiaries like Jio attract investments from tech giants, and Reliance BP Mobility Ltd. introduces advanced fuel technology. Reliance Retail collaborates with international designers, expanding its reach in India.
Second Largest Company of India – TATA Consultancy Services
Sector: Information Technology
Market Capitalization: Rs. 13.96 Crore
TATA Consultancy Services (TCS), led by CEO K. Krithivasan, stands as India’s second-largest company, established in 1968 under the Tata Group. Specializing in IT services and solutions, TCS commands a significant market capitalization in the IT sector. Its partnerships with entities like NEST in the UK and Marks & Spencer underscore its global reach and innovative capabilities. Additionally, TCS sponsors marathons worldwide, promoting health and community engagement.
Third Biggest Company in India – HDFC Bank
Sector: Banking
Market Capitalization: Rs. 10.86 Crore
HDFC Bank, under CEO Sashidhar Jagdishan, stands as India’s third-largest company, founded in 1977. As the largest private bank in India by assets, HDFC Bank offers a diverse suite of financial services catering to both retail and corporate clients. Its recent merger with HDFC Ltd. underscores its strategic growth trajectory, making it the seventh-largest bank globally and the largest in India by market cap.