More and more Indian companies are getting into the Forbes 2000 list of elite companies. But it might take them few more years to get into top 50-100. Overall US has 34 fewer companies in the list the year, and there are 16 Chinese companies.
The Forbes’ 2000 rankings for this year, which are based on sales, profits, assets and market valuation, feature 11 banks, five oil and gas companies, four IT giants, two utilities, and one telecom major.
ONGC occupies the 239th spot, followed by Reliance Industries (258), State Bank of India (326) and Indian Oil (399). Tata Consultancy Services is at the 1,047th spot but tops the Indian IT companies, followed by Infosys (1,130), Wipro (1,233) and Satyam (1,874).
Two other Tata group companies Tata Steel and Tata Motors also figure in the list.