Welcome to the fascinating world of Indian business! In this article, we will explore the 50 top companies in India, showcasing the giants that have played a significant role in shaping the country’s economy. The HDFC Bank with $127.15 billion market capital, it comes to the first position. Following that, Infosys Limited with $76.80 billion and ICICI Bank Limited with $76.53 billion comes on second and third position respectively.
From diverse industries like information technology, banking, manufacturing, and telecommunications, these companies have not only attained great heights in their respective sectors but have also made a remarkable impact on the global stage. Join us as we delve into the stories behind these influential companies and understand their key contributions to India’s growth and development.
List of Top 50 Companies in India
From tech titans to financial giants and everything in between, these companies are driving progress and prosperity in India and beyond. Let’s explore their remarkable achievements and the role they play in shaping the country’s business landscape. Here are 50 top companies in India.
1. HDFC Bank
Market Cap (USD): $127.15 B
HDFC Bank, full name Housing Development Finance Corporation Limited, is one of India’s leading private sector banks. It was established in 1994 and has grown to become the largest private sector bank in the country. It is one of the top companies in India.
HDFC Bank offers a wide range of financial products and services, including retail banking, corporate banking, trade services, treasury operations, and more. The bank is known for its efficient customer service, extensive branch network, and innovative digital banking solutions.
2. Infosys Limited
Market Cap (USD): $76.80 B
Infosys is a global IT services and consulting company founded in 1981. It is headquartered in Bangalore, India. Infosys provides a broad spectrum of services, including software development, IT consulting, business process outsourcing (BPO), and technology solutions to clients worldwide.
The company is known for its significant contributions to the Indian IT industry and its emphasis on research and development. It is one of the top companies in India.
3. ICICI Bank Limited
Market Cap (USD): $76.53 B
ICICI Bank is one of India’s major private sector banks, established in 1994. It offers a wide range of banking and financial services to individuals and businesses, including retail banking, corporate banking, wealth management, insurance, and investment banking.
It is one of the top companies in India. ICICI Bank has a strong presence both in India and internationally, making it one of the largest banks in the country in terms of assets and market capitalization.
4. Axis Bank Ltd
Market Cap (USD): $35.54 B
Axis Bank is another prominent private sector bank in India. Formerly known as UTI Bank, it was founded in 1993. It is one of the top companies in India.
The bank provides a comprehensive range of financial products and services, including retail banking, corporate banking, treasury operations, and investment banking. Axis Bank is known for its strong digital banking initiatives and customer-centric approach.
5. Wipro Limited
Market Cap (USD): $27.18 B
Wipro is a leading global IT services and consulting company established in 1945. Headquartered in Bangalore, India, Wipro offers IT solutions, consulting, and business process outsourcing services to clients across various industries worldwide.
The company has a diversified portfolio, including information technology, consumer care, and lighting products. It is one of the top companies in India.
6. Mahindra & Mahindra Ltd
Market Cap (USD): $18.35 B
Mahindra & Mahindra (M&M) is a prominent Indian multinational automobile manufacturing corporation. It is one of the top companies in India.
It was founded in 1945 and is headquartered in Mumbai, India. M&M primarily manufactures automobiles, including utility vehicles, tractors, and commercial vehicles. The company also operates in other sectors such as aerospace, farm equipment, and financial services.
7. Tata Motors Limited
Market Cap (USD): $17.61 B
Tata Motors is the automotive arm of the Tata Group, one of India’s largest conglomerates. Established in 1945, Tata Motors is known for manufacturing a wide range of vehicles, including passenger cars, commercial vehicles, and utility vehicles.
It is one of the top companies in India. The company has a significant global presence and is one of the leading automobile manufacturers in India.
8. Vedanta Limited
Market Cap (USD): $13.91 B
Vedanta Limited is a diversified natural resources company with operations in mining, oil and gas, and power generation. It is one of the top companies in India.
It is a subsidiary of Vedanta Resources Limited, a global mining conglomerate. Vedanta Limited is involved in the production of various metals, including zinc, lead, copper, iron ore, and aluminum. It also has interests in oil and gas exploration and production.
9. Dr. Reddy’s Laboratories Limited
Market Cap (USD): $8.57 B
Dr. Reddy’s Laboratories is a multinational pharmaceutical company founded in 1984. The company is headquartered in Hyderabad, India. Dr. Reddy’s is primarily engaged in the research, development, manufacturing, and marketing of a wide range of generic medicines and active pharmaceutical ingredients (APIs).
It is one of the top companies in India. It is one of the leading players in the global generic pharmaceutical industry.
10. Indian Railway Catering & Tourism Corp Ltd
Market Cap (USD): $6.16 B
IRCTC is a subsidiary of Indian Railways and is responsible for handling the catering, tourism, and online ticketing operations of the Indian Railways. It is one of the top companies in India.
It was incorporated in 1999 to improve the quality of food and services provided to railway passengers. IRCTC is known for its online ticket booking platform, which has revolutionized the way people book train tickets in India.
11. Indian Railway Finance Corp Ltd
Market Cap (USD): $5.19 B
Indian Railway Finance Corporation (IRFC) is a government-owned financial institution established in 1986. It operates as the financing arm of Indian Railways, responsible for raising funds for its various projects and activities.
IRFC primarily raises funds through the issuance of tax-free bonds and term loans from domestic and international financial institutions to support the modernization and expansion of the Indian railway network. It is one of the top companies in India.
12. Ruchi Soya Industries Ltd
Market Cap (USD): $4.61 B
Ruchi Soya Industries Limited is one of India’s leading agri-processing and edible oil manufacturing companies. It is one of the top companies in India.
The company was founded in 1986 and is known for its popular cooking oil brands like “Nutrela” and “Sunrich.” Ruchi Soya is involved in the production of edible oils, vanaspati, bakery fats, and soy-based food products. In 2019, Ruchi Soya was acquired by Patanjali Ayurved, a major Indian consumer goods company.
13. WNS (Holdings) Limited
Market Cap (USD): $3.82 B
WNS (Holdings) Limited is a global business process management (BPM) company founded in 1996. Headquartered in Mumbai, India, WNS provides outsourcing services to clients across various industries, including travel, banking, insurance, healthcare, and more.
It is one of the top companies in India. The company offers services like finance and accounting, customer service, data analytics, and research.
14. Mahindra & Mahindra Financial Services Ltd
Market Cap (USD): $3.53 B
Mahindra & Mahindra Financial Services Limited (MMFSL) is a subsidiary of Mahindra & Mahindra Limited. It is one of the top companies in India.
Established in 1991, MMFSL is a non-banking financial company (NBFC) that provides financial services in the rural and semi-urban areas of India. The company offers a range of financial products, including vehicle loans, tractor loans, personal loans, and insurance services.
15. MakeMyTrip Limited
Market Cap (USD): $2.89 B
MakeMyTrip is one of best travel companies in India, founded in 2000. The company provides a platform for booking flights, hotels, holiday packages, and other travel-related services.
MakeMyTrip caters to both domestic and international travelers and has become one of the most popular online travel portals in India. It is one of the top companies in India.
16. KPIT Technologies Ltd
Market Cap (USD): $2.27 B
KPIT Technologies is an Indian multinational IT consulting and product engineering company founded in 1990. It is one of the top companies in India.
It offers services in the areas of automotive and transportation, manufacturing, energy, and utilities. KPIT focuses on providing solutions for smart mobility, electrification, autonomous vehicles, and connected technologies.
17. L&T Finance Holdings Ltd
Market Cap (USD): $2.20 B
It is one of the top companies in India. L&T Finance Holdings Limited is a subsidiary of Larsen & Toubro Limited (L&T), one of India’s largest engineering and construction conglomerates.
L&T Finance is a non-banking financial company (NBFC) that provides a wide range of financial products and services, including retail and corporate loans, infrastructure finance, and investment management.
18. CreditAccess Grameen Ltd
Market Cap (USD): $1.66 B
CreditAccess Grameen Limited is a microfinance institution in India. It was established in 1999 and operates as a non-banking financial company (NBFC) primarily focused on providing micro-loans to women in rural and semi-urban areas.
The company’s mission is to provide financial inclusion and support economic development at the grassroots level. It is one of the top companies in India.
19. Aegis Logistics Ltd
Market Cap (USD): $1.52 B
Aegis Logistics Limited is a leading logistics and storage solutions provider in India. Founded in 1956, the company operates in various segments, including oil and gas logistics, chemicals, and liquid terminal storage.
It is one of the top companies in India. Aegis plays a significant role in the import, storage, and distribution of petroleum products and chemicals in India.
20. Central Depository Services
Market Cap (USD): $1.39 B
CDSL is a leading securities depository in India. Established in 1999, it provides electronic depository services for various financial instruments such as equities, bonds, and mutual funds. It is one of the top companies in India.
CDSL facilitates the holding and transfer of securities in dematerialized form, making it easier and more efficient for investors to trade and manage their investments.
21. Alok Industries Ltd
Market Cap (USD): $911.8 M
Alok Industries Limited is a textile manufacturing company in India. Founded in 1986, the company is engaged in the production of a wide range of textiles, including cotton, synthetic, and blended yarns, as well as fabrics and home textiles.
Alok Industries has a significant presence in both domestic and international markets and is considered one of the largest integrated textile manufacturers in India. It is one of the top companies in India.
22. BSE Ltd
Market Cap (USD): $873.3 M
The Bombay Stock Exchange (BSE) is one of India’s oldest and most prominent stock exchanges. Established in 1875, BSE is located in Mumbai and is the first stock exchange in Asia. It is one of the top companies in India.
It facilitates trading in equities, derivatives, debt instruments, and mutual funds, among other financial products. BSE plays a crucial role in the Indian capital market and provides a platform for companies to raise capital through public offerings.
23. Sterlite Technologies Ltd
Market Cap (USD): $825.5 M
Sterlite Technologies Limited (STL) is a global technology company focused on providing end-to-end solutions for the telecommunications and digital infrastructure industries.
Founded in 1988, STL is involved in manufacturing optical fibers, cables, network solutions, and system integration services. The company has a significant presence in India and serves customers worldwide. It is one of the top companies in India.
24. Ircon International Ltd
Market Cap (USD): $716.4 M
Ircon International Limited is a public sector enterprise under the Ministry of Railways, Government of India. It is one of the top companies in India.
Established in 1976, Ircon is primarily engaged in providing engineering and construction services for infrastructure projects in various sectors, including railways, highways, bridges, and tunnels. The company has undertaken several projects both in India and abroad.
25. Caplin Point Laboratories Ltd
Market Cap (USD): $653.4 M
Caplin Point Laboratories Limited is a pharmaceutical company headquartered in Chennai, India. Established in 1990, the company is involved in the manufacturing and marketing of a wide range of pharmaceutical formulations, including injectables, tablets, and ointments.
It is one of the top companies in India. Caplin Point focuses on providing affordable and high-quality healthcare solutions.
26. Prism Johnson Ltd
Market Cap (USD): $631.5 M
Prism Johnson Limited, formerly known as Prism Cement Limited, is a building materials company in India. Founded in 1997, the company is engaged in the production of cement, ready-mixed concrete, tiles, and bathroom products.
Prism Johnson’s products are widely used in construction projects across the country. It is one of the top companies in India.
27. Varroc Engineering Ltd
Market Cap (USD): $533.7 M
Varroc Engineering Limited is a global automotive component manufacturer headquartered in Aurangabad, India. It is one of the top companies in India.
Established in 1988, the company provides a wide range of automotive solutions, including lighting systems, electrical and electronics components, and polymer solutions. Varroc Engineering serves various automobile manufacturers worldwide.
28. Bombay Super Hybrid Seeds Ltd
Market Cap (USD): $518.4 M
Bombay Super Hybrid Seeds Limited is an agriculture-based company in India. It is involved in the research, development, production, and distribution of high-quality hybrid seeds for various crops, including cereals, vegetables, and oilseeds.
It is one of the top companies in India. The company aims to improve agricultural productivity and support farmers with advanced agricultural technologies.
29. Safari Industries
Market Cap (USD): $516.1 M
Safari Industries India Limited is a luggage manufacturing company founded in 1974. It produces a diverse range of luggage products, including suitcases, backpacks, duffel bags, and travel accessories.
Safari is known for its innovative designs and durable products and has established itself as a prominent player in the Indian luggage industry. It is one of the top companies in India.
30. Greenlam Industries Ltd
Market Cap (USD): $475.8 M
Greenlam Industries Limited is a leading manufacturer of decorative laminates and other interior infrastructure products. It is one of the top companies in India.
Established in 1993, Greenlam produces a wide range of laminates, compact laminates, decorative veneers, and engineered wood flooring. The company’s products find applications in commercial spaces, residential buildings, and various interior design projects.
31. Barbeque Nation Hospitality Ltd
Market Cap (USD): $429.9 M
Barbeque Nation Hospitality Limited is a popular restaurant chain in India known for its barbeque and grill dining concept. The company was founded in 2006 and has since grown to become one of the leading casual dining chains in the country.
It is one of the top companies in India. Barbeque Nation offers a unique dining experience where customers can grill their own food at their table and enjoy a wide variety of vegetarian and non-vegetarian dishes.
32. Sify Technologies Limited
Market Cap (USD): $409.3 M
Sify Technologies Limited is an Indian information and communications technology (ICT) company. Established in 1995, Sify provides a range of services, including internet connectivity, data center services, cloud computing, cybersecurity solutions, and digital transformation services.
The company operates both in India and internationally, catering to various industries and enterprises. It is one of the top companies in India.
33. JTEKT India Ltd
Market Cap (USD): $408.4 M
JTEKT India Limited is a subsidiary of JTEKT Corporation, a Japanese multinational automotive and industrial components manufacturer. It is one of the top companies in India.
JTEKT India is involved in the production of automotive steering systems, driveline components, bearings, and machine tools. The company serves the automotive and industrial sectors in India.
34. Dish TV India Ltd
Market Cap (USD): $390.4 M
Dish TV India Limited is one of the largest direct-to-home (DTH) television service providers in India. Established in 2003, the company offers a wide range of channels and services to its subscribers.
It is one of the top companies in India. Dish TV provides access to a diverse selection of entertainment, news, and sports channels through its DTH platform.
35. The Jammu and Kashmir Bank Ltd
Market Cap (USD): $378.6 M
The Jammu and Kashmir Bank Limited is a private sector bank headquartered in Srinagar, Jammu, and Kashmir. Founded in 1938, it is one of the oldest and largest banks in the region.
The bank offers a comprehensive range of banking and financial services, including retail banking, corporate banking, and treasury operations. It is one of the top companies in India.
36. GE T&D India Ltd
Market Cap (USD): $366.1 M
GE T&D India Limited is a subsidiary of General Electric Company (GE) and is engaged in the business of power transmission and distribution solutions. It is one of the top companies in India.
The company provides a wide range of products and services related to high-voltage power equipment, transformers, and grid automation systems.
37. Shriram Pistons & Rings Ltd
Market Cap (USD): $349.3 M
Shriram Pistons & Rings Limited (SPR) is a manufacturer of engine components for the automotive industry. Founded in 1972, the company produces pistons, piston rings, and engine valves for a variety of applications, including passenger cars, commercial vehicles, and two-wheelers.
It is one of the top companies in India. SPR serves both the domestic and international automotive markets.
38. Meghmani Organics Ltd
Market Cap (USD): $324.6 M
Meghmani Organics Limited is a chemical manufacturing company established in 1986. The company is involved in the production of pigments, agrochemicals, and basic chemicals.
Meghmani Organics exports its products to various countries and has a significant presence in the international market. It is one of the top companies in India.
39. Venky’s
Market Cap (USD): $322.4 M
Venky’s is a leading poultry processing company in India. It is part of the Venkateshwara Hatcheries Group, founded in 1971. It is one of the top companies in India.
The company is involved in poultry breeding, processing, and production of various poultry products, including chicken, eggs, and animal healthcare products.
40. Max India Ltd
Market Cap (USD): $314.3 M
Max India Limited is a diversified company with interests in various sectors, including healthcare, insurance, and real estate. In the healthcare segment, the company is involved in hospital operations through Max Healthcare, one of the largest private healthcare providers in India.
It is one of the top companies in India. Max India also had interests in life insurance through its subsidiary Max Life Insurance until the businesses demerged in 2020.
41. Madhya Bharat Agro Products Ltd
Market Cap (USD): $312.5 M
Madhya Bharat Agro Products Limited is an agro-processing company based in India. It is involve in the production and marketing of various agro-based products, including wheat, pulses, gram flour, and other food items.
The company is focus on agricultural activities and contributes to the food processing sector in India. It is one of the top companies in India.
42. Azure Power Global Limited
Market Cap (USD): $256.6 M
Azure Power Global Limited is a renewable energy company that develops, builds, owns, and operates solar power plants in India. It is one of the top companies in India.
Established in 2008, the company is a prominent player in the solar energy sector and contributes to India’s efforts to expand its renewable energy capacity. Azure Power operates utility-scale solar power projects across various states in the country.
43. Sundaram Finance Holdings Ltd
Market Cap (USD): $239.2 M
Sundaram Finance Holdings Limited is a non-banking financial company (NBFC) in India. It is a part of the Sundaram Finance Group, which has interests in various financial services, including vehicle finance, insurance, and asset management.
It is one of the top companies in India. Sundaram Finance Holdings is involve in investment and financial services activities.
44. Sirca Paints India Ltd
Market Cap (USD): $214.3 M
Sirca Paints India Limited is a manufacturer of wood coatings and finishes. The company offers a range of products such as wood paints, varnishes, and coatings used for furniture and other wood surfaces.
Sirca Paints caters to both the domestic and international markets and known for its high-quality wood finishes. It is one of the top companies in India.
45. GOCL Corp L
Market Cap (USD): $209 M
GOCL Corporation Limited is a diversified company with interests in various sectors, including explosives, mining, real estate, and technology. It is one of the top companies in India.
The company’s core business includes manufacturing and selling explosives and initiating systems for mining and infrastructure projects. It also operates in the real estate sector and has an IT services division.
46. Andhra Paper Ltd
Market Cap (USD): $199.5 M
Andhra Paper Limited, also known as International Paper APPM Limited, is a leading paper manufacturing company in India. It produces a variety of paper products, including writing and printing paper, packaging paper, and specialty papers.
It is one of the top companies in India. The company’s products cater to industries such as publishing, stationery, and packaging.
47. Spacenet Enterprises India Ltd
Market Cap (USD): $173.3 M
Spacenet Enterprises India Limited is an IT consulting and software services company. It provides solutions and services related to enterprise resource planning (ERP), customer relationship management (CRM), and other IT solutions.
Spacenet Enterprises caters to clients across different industries and helps them optimize their business processes. It is one of the top companies in India.
48. Oriental Aromatics Limited
Market Cap (USD): $170.9 M
Oriental Aromatics Limited is a specialty chemical manufacturing company. It is one of the top companies in India.
It is involve in the production and marketing of various aromatic chemicals, flavors, and fragrances. The company’s products find applications in industries such as perfumes, cosmetics, food and beverages, and pharmaceuticals.
49. Yatra Online, Inc.
Market Cap (USD): $158.6 M
Yatra Online, Inc. is an Indian online travel agency (OTA) that provides travel-related services to customers. Founded in 2006, Yatra offers a platform for booking flights, hotels, holiday packages, and other travel-related services.
It caters to both domestic and international travelers and has become one of the prominent OTAs in India. It is one of the top companies in India.
50. Krishana Phoschem Ltd
Market Cap (USD): $152.8 M
Krishana Phoschem Limited is a manufacturer and exporter of phosphate-based products and chemicals. It is one of the top companies in India.
The company’s products include single super phosphate (SSP), granulated SSP, and other phosphate-based fertilizers. Krishana Phoschem serves the agriculture sector by providing essential fertilizers to enhance crop productivity.
Conclusion
In conclusion, the “Top 50 Companies in India” showcase the country’s thriving business landscape and economic growth. These companies, through their dedication and innovation, have achieved remarkable success, both nationally and internationally. Their contributions play a crucial role in driving India’s economy forward and creating job opportunities for millions of people. As these top companies in India continue to evolve and adapt to changing times, they have the potential to shape India’s future and maintain their positions as leaders in various industries.
It is essential to celebrate their achievements and recognize the impact they have on the nation’s progress and development. As India’s business environment evolves, we look forward to witnessing the rise of more exceptional top companies in India that contribute to the nation’s prosperity.
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