Reliance Industries is the top Indian company in Forbes Global 2000 list

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Reliance Industries is the top Indian company in Forbes Global 2000 list
15 May 2022
6 min read

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News Synopsis

Mukesh Ambani led Reliance Industries,

has improved its ranking on the

Forbes Global 2000 list.

Reliance Industries climbed two spots to No. 53 among all public companies around the globe and achieved the first rank among Indian companies. The largest lender in India, the State Bank of India followed Reliance Industries and bagged the second spot.

Private sector banks ICICI and HDFC

followed next on the Global 2000 list of Indian companies. Interestingly, there are a bunch of new companies that have secured spots on this list. These are Indian billionaire Gautam Adani's companies: Adani Enterprises Limited, Adani Transmission Ltd., and Adani Total Gas Ltd.

Earlier this year, Gautam Adani zoomed past Warren Buffett, the CEO of Berkshire Hathaway to become the fifth richest person in the world. Other than this, oil and gas and metal giant Vedanta Limited climbed 703 spots on the list, marking the highest leap among all Indian companies due to an increase in its profits. 

Recently, Reliance Industries Limited became the first Indian company to achieve the Rs 19 lakh crore market valuation mark after a strong rally in its share price.

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