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    Top Indian Companies in Fortune 500 List

    Taking the development of India inaccommodating a number of new companies

    within the economy, Chief Economist at

    ratings firm Care, Madan Sabnavis earliermentioned, "India has the advantage of size.The scope of growth and excess capacitypresent in terms of resources would drive

    growth in the future." Fortune IndiaMagazine has published the list consideringthe latest sales and gross revenue of thecompanies in 2011.

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    Rank Company Best Cos. rank U.S. employees

    1 Google 1 18,500

    2Wegmans FoodMarkets

    4 41,717

    3 Edward Jones 5 36,937

    4

    Recreational

    Equipment(REI)

    8 10,466

    5ChesapeakeEnergy

    18 10,502

    6 USAA 20 23,211

    7 Qualcomm 23 13,353

    8Whole FoodsMarket

    32 60,213

    9Baptist Health

    South Florida

    42 13,302

    10 Intel 46 44,209

    Top 10 global companies

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    1. Indian Oil Corporation

    Indian Oil Corporation is ranked topagain in the 2011 fiscal year. The

    company has generated revenue of$68,837 million in the last fiscal year.

    This State-run oil and gas corporation

    has the largest and widest network offilling stations in India.

    It holds 10 refineries out ofIndias 21.

    Ranked 98th among 500 best global commercials, IOCLbecame the highest ranked Indian company across the world. ThisMumbai based company is not new to global ranking. Being the 18thbest petroleum company in the world, it has already been named inmany records ever since its introduction in 1964.

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    2. Reliance Industries Limited (RIL)

    RIL is the largest private sectorcompany in India. This brain child ofbusiness tycoon, Dhirubhai Ambani,

    was established in 1966 at Mumbai.

    The Fortune Global 500 list of 2011

    ranked RIL in the 134th position

    It accumulated $58,900 millionrevenue in the last financial year.

    It is also placed among the top tenmajor petrochemical products makers.

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    3. Bharat Petroleum Corporation Limited (BPCL)

    BPCL is another state-ownedcompany from India being ranked at

    272th position in Fortune Global 5002011 list

    Established as Burmah Oil CompanyLtd in 1860s, it was taken over by theIndian Govt in 1976 and was renamed asBharat Petroleum Corporation Limited.

    The company has generated around$34,102 million revenue in the previous

    year.

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    4. State Bank of India (SBI)

    The total revenue SBI accumulated isaround $ 32,450 million and last year it

    was $ 28,213 million.

    SBI was established in Mumbai in the

    year 1955 by the Government of India. Itis the largest banking and financialservices company in India.

    Though SBI has generated more

    revenue comparing to its performancein 2010, the state-owned lender droppedits third rank one place down to fourththis year. Even in the global ranking, ithas slipped 10 ranks from 282 of

    Fortune Global 500 ranking last year.

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    5. Hindustan Petroleum

    Owing two major refineries in India,this government owned company is alsocounted among the Fortune 500companies.

    It is placed as the 336thamong allglobal enterprises with net revenue of$28,593 million last year.

    Established in 1974, HPCL's major

    focus is on Oil, natural gas, petroleum,lubricant and petrochemicals.

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    6. Tata Motors Limited

    Being South Asias leadingAutomobile Company, Tata Motors is

    the fourth-largest truck manufacturerand second largest manufacture of bus

    worldwide.

    It has earned revenue of $ 27,046 andis placed at 359 in the Fortune 500List, showing a remarkableimprovement as it was ranked at 442 in2010 list.

    The company has also been named inthe list of Indias most valuable brandsin the survey by Brand Finance and TheEconomic Times.

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    7. Oil and Natural Gas Corporation (ONGC)

    The state-owned exploration firm was

    founded in the year 1956. This oil andgas exploration and productioncompany produces 81 percent of Indiasnatural gas production.

    Comparing to other top companies,

    ONGC makes the highest profit amongother Indian companies. ONGC isplaced as the seventh most valuableIndian company and is ranked 361 inthe Global Fortune 500 chartwith an

    income of $ 26,945 million.ONGC is to buy a property of 2000acres in Dahanu. Its privatizationstrategy reportedly helps the firm tocope with other large multinational

    and domestic oil companies.

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    8. Tata Steel

    Tata Steel is placed at the eighthposition among the top eight Indian

    companies in the Fortune 500 list andwas ranked at 370among globalenterprises in the 2011 Fortune Global500 table.

    Tata Steel, founded in 1907 is one ofthe worlds largest steel companies.

    It has spread its presence in 26

    countries. The objective of Tata steel isto reach 100 million tonne by 2015. Ithas also slipped its rank comparing tothe 2010 list.

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