Forbes ranks Mukesh Ambani’s Reliance Group, at number 53 on the latest global 2000 list of companies worldwide. Forbes releases their annual list of the Top 2000 Companies in the world, which is ranked by sales. Reliance ranked top in Indian firms. Reliance has been listed on the 53th most prominent position on Forbes Global under 2,000 list.
Forbes ranks the world’s largest companies on four factors, including sales, profit, assets, and market value.
Forbes ranked the 60th largest Indian company as number 15 in their 2016 list of the world’s top 2000 companies.
Reliance top ranked Indian firms on list
Reliance industries is the top ranked Indian company on the list followed by State Bank of India at 105, HDFC bank at 153 and ICICI bank at 204.
See the companies which made it to the Forbes Global under 2000 list
Other Indian companies like ONGC are on this list, quickly rising up the ranks to 228.
Reliance Housing Development and Finance Company Limited: Ranked 268th in Forbes’ list of 2018 Indian private firms under 2000
INDIAN OIL CORPORATION IOC ranked 357 on FORBES GLOBAL list under 2000
TATA CONSULTANCY SERVICES LIMITED – TCS retains position 384 as the top Indian firm in Forbes Global’s
TATA STEEL ranked at no 407 while Axis bank, ranked 431st in the world, has also been lauded on Forbes
Energy and banking Corporations top the list in Forbes’ ranking
Both banking and energy sectors had ranked in the highest of Indian companies on forbes global 2000.
SBI is one of the largest public banking company in India, had a market capital of 56.12 billion, making it the second largest among all Indian companies on the list.
The bank was established in Mumbai. It has approximately 24,000 branches, with over 62,617 ATMs all over the country.
Not only public sectors and banks were listed, Private sector banks like ICICI and HDFC are included in the Indian 2000 list.
These are highlighting the growth of the Indian banking sector in India.
Oil and Telecom companies are also included in this list
The oil companies and the telecommunication company of India earned the highest sales between April 2021 and March 2022. They earned about 104.6 billion (USD).
These are the first Indians companies to make more than USD 100 billion.
Reliance moves up to 53 on Forbes
Reliance climbed two spots to rank the 53rd most profitable public company worldwide and ranked first among those (in terms of profit).
Forbes estimate Ambani’s net worth to be $90.7 billion, ranking at number 10 on this years billionaire list.
RELIANCE: Ranked Number 1 in the Indian Firms on the Forbes’ Global list under 2000
Dhirubhai launched the business in early 1960
A brief history of the Ambani family. How this Indian firm became one of the world’s most respected businesses. He started with import and export licenses for nylon, rayon and polyster.
Different industries have a variety of business-specific needs. These days, the newest industries include plastics, petrochemicals, telecommunications and retail.
Here are some of the new additions to Forbes’ list of Indian firms
Some important newcomers to the list include billionaire Gautam Adani’s companies like Adani Enterprises Limited, Adani Transmission Limited and Adani Gas Limited.
VEDANTA limited jumped 703 spots on the list, which is the highest leap among Indian companies.
The Mumbai headquartered company which mines aluminium saw a tremendous rise in profits in 2021 after declined of Chinese products.
Adani became Asia’s richest man
Adani becomes the richest Asian billionaire in the history.
A company founded in 2003, Adani passed the chairman & CEO of the famous Berkshire Hathaway, Warren Buffet to become the 5th richest person in Asia as per Forbes.
Adani’s company includes power generation, edible oil, real estate and coal.
Adani ranks 1453 on Forbes list of top global firms.
Adani ports and special economic zone at no. 1568.
Dani green energy ranks on top at 1570
Adani Transmission ranked at 1705 while Adani Gas at 1746.
Basically, Gautam Adani is a college drop out who started a commodity export firm in 1988.
He appeared first time in the list of billionaires, back in 2008 with net worth of USD 9.3 billion, later he has multiplied his fortune to USD 90 billion.
Related: Mukesh Ambani sheds light on how the upcoming leadership transitions will determine the future of Reliance