Reliance Industries Tops Forbes’ Global 2000 List: Company Climbs to 45th Rank

Reliance Industries Limited, led by billionaire Mukesh Ambani, has secured the highest rank among Indian companies on Forbes’ latest Global 2000 list. The company climbed from 53rd to 45th place this year, showcasing its upward trajectory and strong performance. Several other Indian companies also made it onto the list, demonstrating the country’s growing presence in the global business landscape.

Reliance Industries Rises to 45th Rank: Key Points

Reliance Industries Limited has achieved a significant jump in its ranking, moving up eight positions to reach the 45th spot on Forbes’ Global 2000 list. This recognition highlights the company’s success and its growing influence in the global market.

Other Indian Companies on the List

Alongside Reliance Industries, various Indian companies have been featured on the list, including Axis Bank, NTPC, Larsen & Toubro, Bharti Airtel, Kotak Mahindra Bank, Indian Oil Corporation, Infosys, Bank of Baroda, Coal India, Tata Steel, Hindalco, and Vedanta. The Adani Group has also secured three spots on the list with Adani Enterprises, Adani Power, and Adani Ports & Special Economic Zones.

Ranking Parameters

Forbes’ ranking is based on four key metrics: sales, profits, assets, and market value. These parameters help assess the overall performance and value of each company.

Top Companies on the List

JPMorgan holds the top position on the Global 2000 list, followed by Saudi oil giant Aramco and three state-owned Chinese banks. Notably, Warren Buffet’s Berkshire Hathaway dropped to the 338th position due to unrealized losses in its investment portfolio. Reliance Industries has surpassed several well-known companies from different countries, solidifying its position as a global player.

State Bank of India and Other Indian Companies

The State Bank of India has climbed to the 77th position from its previous rank of 105th in the 2022 ranking, showcasing its improved performance. Other notable Indian companies on the list include HDFC Bank, ICICI Bank, Oil and Natural Gas Corporation (ONGC), HDFC, and Life Insurance Corporation (LIC). However, Tata Consultancy Services (TCS) experienced a slight decline in rank.

India’s Presence on the Global 2000 List

In total, 55 Indian firms have made it onto Forbes’ Global 2000 list, highlighting the country’s strong representation and growing influence in the global business arena. These companies showcase India’s diverse sectors and their contributions to the global economy.

Forbes’ Global 2000 List – FAQs

Q1: What is the latest ranking of Reliance Industries on Forbes’ Global 2000 list?

Ans: The highest ranking Indian company is Reliance Industries, which rose to number 45 in Forbes’ Global 2000 list.

Q2: Which other Indian companies are featured on the list of Forbes’ Global 2000?

Ans: Axis Bank, NTPC, Larsen & Toubro, Bharti Airtel, Kotak Mahindra Bank, Indian Oil Corporation, Infosys, Bank of Baroda, Coal India, Tata Steel, Hindalco, and Vedanta are just a few more Indian businesses that were included on the Forbes Global 2000 list.

Q3: How did Reliance Industries fare compared to other well-known companies?

Ans: With its exceptional sales of $109.43 billion and a profit of $8.3 billion, Reliance Industries outperformed a number of well-known corporations, including the German BMW Group, the Swiss Nestle Company, the Chinese Alibaba Group, the US Procter & Gamble Company, and the Japanese Sony Corporation.

Author

  • Pritipalit

    Priti Palit, an accomplished edtech writer, boasts a wealth of experience in preparing candidates for multiple government exams. With a passion for education and a keen eye for detail, she has contributed significantly to the field of online learning. Priti's expertise and dedication continue to empower aspiring individuals in their pursuit of success in government examinations.

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