December 03, 2008

48 Indian companies in Forbes 2,000 List

With India emerging as a hot spot for wealth creation, 48 Indian firms have made it to this year's list of 2,000 biggest global companies, which is compiled by Forbes magazine.

The following is the list of Indian companies, including their global ranking and market value in USD billion

Rank	Company	Value
193	Reliance Industries	89.29
198	ONGC	54.11
219	State Bank of India	33.29
303	Indian Oil Corporation	16.36
374	ICICI Bank	29.85
411	National Thermal Corporation	41.57
647	SAIL	26.37
738	TATA Steel	14.63
826	Bharti Airtel	39.16
846	Reliance Communications	29.63
927	TATA Consultancy Services	21.38
949	Housing Development Finance	19.07
961	Larsen and Toubro	24.94
967	Bharat Petroleum	4.16
1012	BHEL	27.92
1040	Infosys Technologies	22.09
1093	HDFC Bank	12.87
1102	Wipro	15.87
1111	TATA Motors	6.75
1112	Hindustan Petroleum	2.54
1134	NMDC	34.83
1159	ITC	19.01
1166	Punjab National Bank	4.76
1185	DLF	33.26
1205	Hindalco	6.22
1249	GAIL	8.93
1305	Canara Bank	2.85
1361	Axis Bank	9.1
1375	Bank of India	4.72
1413	Power Grid Corp	11.54
1477	Bank of Baroda	3.33
1478	NALCO	7.46
1484	Unitech	14.57
1527	Grasim Industries	6.62
1597	Reliance Power	24.32
1737	Indian Overseas Bank	2.25
1744	IDBI	2.14
1753	Power Finance	5.36
1759	Union Bank of India	2.34
1763	Satyam Computer Services	7.26
1803	Central Bank of India	1.05
1833	Syndicate Bank	1.28
1919	Mahindra & Mahindra	4.12
1919	Reliance Capital	11.16
1935	UCO Bank	1.01
1952	Oriental Bank of Commerce	1.57
1954	Suzlon Energy	10.52
1996	Allahabad Bank	1.23

In USD billion

Forbes magazine release said that "In total, the global 2,000 companies now account for USD 30 trillion in revenues, USD 2.4 trillion in profits, USD 119 trillion in assets and USD 39 trillion in market value. Around the world, 72 million people work for these companies. This year, 60 countries have global 2,000 entries versus 51 in our inaugural list in 2004."

The magazine said that the US still dominated the list of global giants but with 61 fewer entries than last year and 153 fewer than in 2004, as many US companies failed to keep pace with global competitors. It added that "In contrast, China, India and Brazil are rapidly adding companies to the list. India has 48 companies in 2007 versus 27 in 2004."