The eight largest Indian firms by revenues that were in the Fortune Global 500 list for 2012 are listed below:
| Country Rank | Company | Global Rank | City | Revenues($ millions) |
|---|---|---|---|---|
| 1 | Indian Oil | 83 | New Delhi | 86,016 |
| 2 | Reliance Industries | 99 | Mumbai | 76,119 |
| 3 | Bharat Petroleum | 225 | Mumbai | 44,582 |
| 4 | Hindustan Petroleum | 267 | Mumbai | 38,885 |
| 5 | State Bank of India | 285 | Mumbai | 36,950 |
| 6 | Tata Motors | 314 | Mumbai | 34,575 |
| 7 | Oil & Natural Gas | 357 | Dehradun | 30,746 |
| 8 | Tata Steel | 401 | Mumbai | 27,739 |
Source: Fortune Global 500, Fortune
The state-owned oil company Indian Oil had the highest revenue at over $86.0 billion followed by Reliance Industries, one of India’s largest business groups. Among the eight firms listed four are in the energy sector. Tata, India’s top business group is represented by Tata Steel and Tata Motors in this list.
Tata Motors Ltd (TTM) trades on the NYSE and currently has a market cap of over $17.0 billion.
Disclosure: No Positions
