47 Indian companies have made it to the Forbes Global 2000 list this year. There has been an overall improvement in the ranking of Indian companies due the Global economic downturn, which has had a relatively mild impact on India Inc. The rankings are compiled on the basis of a composite score of sales, profit, assets and market capitalisation.
The top 5 global rankings have been claimed by:
- General Electric of USA
- Royal Dutch Shell: Dutch oil and gas major
- Toyota Motor of Japan
- Exxon Mobil of USA
- British Petroleum of UK
Last year top rank holder HSBC Holdings has dropped to sixth position this year. Arcelor Mittal headed by Lakshmi Mittal is in 41st position.
The top 3 Indian companies and their rankings (last year rankings in brackets) are:
- Reliance Industries 121 (193)
- State bank of India 150 (219)
- ONGC 152 (198)
Other Indian companies amongst the top 500 are: Indian Oil (207), NTPC (317), ICICI Bank (329) and Tata Steel (463) . We can expect a further improvement in the ranking of these Indian companies in the current year as well.
2 comments:
Thanks for the great news Vivek - it is great to see that the SBI is now the second highest ranking Indian Company in the world and despite the travails of the financial institutions it is at Rank 150 in the global lists. One is really proud of this bank.
Deepak
Nice to see our companies at high rankings ... Nice stuff :)
Manish
http://www.jagoinvestor.com
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