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.
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:
Leading the Indian pack is Reliance Industries, headed by billionaire Mukesh Ambani.
Reliance remains India’s largest company and continues to expand its presence worldwide.
India’s most profitable bank, HDFC Bank, has made big progress this year:
This growth helped HDFC overtake the State Bank of India for the second spot in India.
The State Bank of India (SBI) retained its #55 global rank but dropped to third place in India.
The Tata Group continues to be a major force, with six companies making the list:
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 |
The Forbes Global 2000 list is based on four main factors:
The data is collected from the latest 12 months of financial reports, as of April 25, 2025.
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