In 2025, India’s biggest companies continue to show their strength both at home and around the world. From technology and banking to energy and telecom, these leading businesses are shaping the country’s economy and building a strong global presence. Reliance Industries remains at the top, proving once again that Indian companies are ready to compete with the best in the world.
Forbes Global 2000 List 2025
India has made a strong mark in the latest Forbes Global 2000 list, which ranks the biggest publicly traded companies in the world. This year, 70 Indian companies made it to the list, showing the country’s growing power in the global business world.
Together, these Indian companies have achieved:
- $1.3 trillion in total sales
- $126 billion in total profits
- $5.5 trillion in total assets
- $2.3 trillion in market value
Reliance Industries Still at the Top
Leading the Indian pack is Reliance Industries, headed by billionaire Mukesh Ambani.
- Sales: $114.1 billion
- Profit: $8.24 billion
- Global Rank #45 (moved up four spots from last year)
Reliance remains India’s largest company and continues to expand its presence worldwide.
HDFC Bank Climbs to Second Place
India’s most profitable bank, HDFC Bank, has made big progress this year:
- Global Rank #53 (up 12 spots)
- Profit: $8.37 billion
- Sales: $55.7 billion
This growth helped HDFC overtake the State Bank of India for the second spot in India.
State Bank of India Holds Steady Globally
The State Bank of India (SBI) retained its #55 global rank but dropped to third place in India.
- Sales: $77.53 billion
- Profit: $9.48 billion
Tata Group Dominates With Six Companies
The Tata Group continues to be a major force, with six companies making the list:
- Tata Motors – #8 in India
- Tata Consultancy Services – #13 in India
- Tata Steel – #31 in India
- Titan – #50 in India
- Tata Power – #55 in India
- Trent – #70 in India
Top-10 Largest Companies of India by 2025
Reliance Industries, headed by Mukesh Ambani, stands as the largest company in the world with the total sales and profit of $114.1 billion and $8.24 billion respectively, followed by HDFC Bank, and State Bank of India.
Here is the list of top-10 largest companies in the world by 2025:
| Rank | Company | Sales (billion $) | Profit (billion $) | Assets (billion $) | Market Value (billion $) |
| 1. | Reliance Industries | 114.1 | 8.24 | 228.16 | 205.91 |
| 2. | HDFC Bank | 55.7 | 8.37 | 513.9 | 171.09 |
| 3. | State Bank of India | 77.53 | 9.48 | 846.3 | 83.43 |
| 4. | Life Insurance Corp. of India | 107.19 | 5.15 | 682.46 | 58.6 |
| 5. | ICICI Bank | 34.84 | 6.04 | 309.13 | 117.09 |
| 6. | Oil & Natural Gas | 78.61 | 4.65 | 90.41 | 36.27 |
| 7. | Axis Bank | 18.44 | 3.32 | 193.86 | 42.25 |
| 8. | Bharti Airtel | 19.45 | 2.94 | 58.5 | 121.07 |
| 9. | Tata Motors | 52.95 | 3.8 | 46.62 | 28.21 |
| 10. | NTPC | 22.22 | 2.63 | 58.74 | 40.44 |
How the Ranking Works?
The Forbes Global 2000 list is based on four main factors:
- Sales – Total revenue earned by the company
- Profits – Net earnings after expenses
- Assets – Value of everything the company owns
- Market Value – Total worth of the company’s shares on the stock market
The data is collected from the latest 12 months of financial reports, as of April 25, 2025.
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