Creating your financial stronghold in an economically growing financial giant such as India is no child’s play, and this has been proven time and again by our top-ranking corporates. Today, in no particular order, let’s look at the ten major companies that made it big and continue to maintain their positions in the market.
Reliance Industries
Reliance has indeed changed the terrain of the Indian market ever since it entered and now stands as the face of many Indian industries. It currently holds a market cap of over ₹1,795,732.38 crores spanning multiple sectors.
HDFC Bank
HDFC is India’s largest private sector bank based on assets, and the world’s 10th largest bank based on market capitalisation (as of April 2021). The bank provides a number of products and services such as wholesale banking, auto loans, retail banking, loans against property, personal loans, and credit cards. It also offers various digital products such as Payzapp and SmartBUY.
TATA Consultancy Services
TCS stands at the helm of the IT segment in India and is now a global leader in IT services, consulting, and business solutions.
Infosys
Infosys provides consulting, technology, and next-generation services worldwide to over 50 countries. It ranks second as the largest Indian IT company after TCS and is the 602nd largest public company in the world as per Forbes Global 2000.
Adani Group
The Adani group comprises seven publicly traded companies focused on infrastructure development. It believes in sustainable value creation. In April 2022, the group crossed the market cap of USD 200 billion.
Aditya Birla Group
Operating across 36 countries, Aditya Birla Group is in the league of the Fortune 500 companies. The group is the world’s largest producer of certain fibres such as the Viscose staple fibre. It is taking India one notch higher in multiple sectors such as metals, chemicals, textiles, pulp and fibre, cement, and renewable energy.
Essar
Since over 50 years, Essar has played a pioneering role in developing India’s key sectors: Energy, Infrastructure & Logistics, Metals & Mining, and Technology & Retail. It created world class assets, like steel plants, refinery and services infrastructure that got massive valuations from global giants. Under the skilled leadership of Shashi Ruia, Ravi Ruia and Prashant Ruia, the company brought in over Rs 90,000 crore FDI into India while selling Essar Oil, and Rs 42,000 crore for Essar Steel. Having repaid over Rs 1.8 lakh crore debt, largest in Indian corporate history, the company stands a glorious example of ethical businessmanship and governance. The company currently has USD 13 billion revenues from existing businesses, and a much stronger balance sheet. With more sustainable business investments in pipeline, like Hydrogen (in United Kingdom & India), Biofuels, Renewables (Solar & Wind power), and scaling up of Coal Bed Methane business (CBM, a green gas), Essar is well-poised for creating future value.
Bharti Airtel
Operating across 18 countries in Asia and Africa, Bharti Airtel Limited is a global telecommunications company, ranking amongst the top 3 mobile service providers globally with regard to number of subscribers. The company offer 2G, 3G, and 4G wireless and mobile services, high speed home broadband, DTH, enterprise services, and more.
Hindustan Unilever
HUL is India’s largest fast-moving consumer goods company, and its products and services are used by 90% of Indian households. It comprises over 50 brands offering day-to-day products in home and hygiene, skin cleansing, hair care, oral care, beverages, desserts, foods and health food drinks, and fabric solutions, including brands such as Lifebuoy, Surf Excel, Pond’s, Vaseline, Lakmé, Pepsodent, Bru, Kissan, and Horlicks.
State Bank of India
SBI is India’s leading multinational public sector bank and is the 43rd largest bank in the world. It ranks 221st in the Fortune 500 list of 2020, the only Indian bank on the list. SBI has approximately 250,000 employees, making it India’s fifth largest employer. Its rich heritage spanning 200 years makes SBI the most trusted Indian bank.