Reliance Industries (RIL) has topped the Indian company to feature in the latest Fortune Global 500 list. RIL has moved 42 positions from its previous and has secured 106th ranking. The Indian company that stands next to RIL is the state-run Indian Oil Corporation (IOC). It has secured 117th rank.
The profit of RIL has been increased from $62.3 billion to $82.3 billion in 2019. IOC has recorded a 17.7% growth in revenue from $65.9 billion to $77.6.
Other Indian companies in the list:
The other companies that are included in the Fortune Global 500 list are ONGC that ranked 160, State Bank of India that ranked 236, Tata Motors that ranked 265, Bharat Petroleum which ranked 275 and Rajesh Exports that ranked 495. The World’s 500 largest companies have generated $2.15 trillion in profits. The companies are represented by 34 countries and have employees of 69.3 million people worldwide.