india's top companies

8/7/2019 India's top companies

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Indias top 10 companies

1. Indian Oil Corporation

Indian Oil Corporation Ltd. is currently Indias largest company by sales with a turnover of Rs 201493.85 crore (Rs 2014.93 billion) , the highest-ever for an Indian company. IOCis also ranked in Fortune Global 500 listing. It is also the 20th largest petroleumcompany in the world. Established in 1959 as Indian Oil Company Ltd, Indian OilCorporation Ltd was formed in 1964 with the merger of Indian Refineries Ltd (est. 1958).Indian Oil and its subsidiaries account for 47 per cent petroleum products market share,40.4 per cent refining capacity and 67 per cent downstream sector pipelines capacity inIndia. The Indian Oil Group of companies owns and operates 10 of Indias 19 refineries.These include two refineries of subsidiary Chennai Petroleum Corporation Ltd and one of Bongaigaon Refinery and Petrochemicals Limited.

IOCs maxim is Bringing Energy to Life.

2. Reliance Industries

Between my past, the present and the future, there is one commonfactor: Relationship and Trust. This is the foundation of our growth.These are the words of the founder of Reliance, Dhirubhai Ambani.Reliance Industries, is the largest private sector company in India. It isthe second biggest company in India. The Reliance Group, founded byDhirubhai H. Ambani (1932-2002), is today headed by Mukesh Ambani.A Fortune Global 500 company, the groups activities includeexploration and production of oil and gas, petroleum refining and

marketing, petrochemicals (polyester, fibre intermediates, plastics andchemicals), textiles and retail. Reliance is the largest polyester yarnand fibre producer in the world and among the top five to tenproducers in the world in major petrochemical products. Majorcompanies are Reliance Industries Limited (including main subsidiariesReliance Petroleum Limited and Reliance Retail limited) and RelianceIndustrial Infrastructure Limited.

Reliances maxim is Growth is life.

3. Bharat Petroleum Corporation

BPCL is Indias third largest company. Listed in the Fortune 500 & Forbes 2000 listings,BPCL calls itself a MNC in PSU garb. Way back in 1976, the Burmah Shell Group of Companies was taken over by the government of India to form Bharat RefineriesLimited. On 1st August 1977, it was renamed Bharat Petroleum Corporation Limited. Itwas also the first refinery to process newly found indigenous crude (Bombay High), inIndia.
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After nationalization in 1976, Bharat Petroleum charted out a rapid growth path.Turnover, profitability and financial reserves have grown significantly over the years.Bharat Petroleum produces a range of products, from petrochemicals and solvents toaircraft fuel and specialty lubricants, besides supplying fuel directly to hundreds of industries, and several international and domestic airlines.

4. Hindustan Petroleum Corporation

Hindustan Petroleum Corporation of India Ltd is a Fortune 500 company. Thecorporation operates 2 major refineries producing a wide variety of petroleum fuels andspecialties, in Mumbai and Vishakhapatnam. HPCL holds an equity stake of 16.95 per cent in Mangalore Refinery & Petrochemicals. In addition, HPCL is planning to set up arefinery in Punjab.

HPCL also owns and operates the largest lube refinery in India. The history of HPCLdates back to 1952. The company was incorporated in the name of Standard Vacuum

Refining Company of India Limited on July 5, 1952. On 31st March 1962, the name waschanged to ESSO Standard Refining Company of India Limited. In 1974, HindustanPetroleum Corporation Limited came into being after the takeover and merger of erstwhile Esso and Lube India Undertaking, Caltex Oil Refining Ltd and Kosan GasCompany. HPCL is thus a result of the merger of four organizations.

HPCLs maxim is Future full of Energy.

5. Oil and Natural Gas Corporation

ONGC is the fifth largest company in India. It is also has the distinction of being highest

profit making corporation in India. ONGC is aFortune Global 500

company whichcontributes 77 per cent of Indias crude oil production and 81 per cent of Indias naturalgas production. The company was incorporated on June 23, 1993 is an Indian publicsector petroleum company.

It was set up as a commission on August 14, 1956. Indian government holds 74.14 per cent equity stake in this company. ONGC is engaged in exploration and productionactivities. It is involved in exploring for and exploiting hydrocarbons in 26 sedimentarybasins of India. It produces about 30 per cent of Indias crude oil requirement. It ownsand operates more than 11,000 kilometers of pipelines in India.

ONGCs maxim is Making tomorrow brighter.6. Steel Authority of India Limited

SAIL is the sixth largest company in India. Steel Authority of India Limited (SAIL) is theleading steel-making company in India. It is a fully integrated iron and steel maker,producing both basic and special steels for domestic construction, engineering, power,railway, automotive and defence industries and for sale in export markets.


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SAIL is ranked amongst the top ten public sector companies in India in terms of turnover.SAIL manufactures and sells a broad range of steel products. The government of Indiaowns about 86 per cent of SAILs equity and retains voting control of the Company.

SAIL produces iron and steel at five integrated plants and three special steel plants,

located principally in the eastern and central regions of India and situated close todomestic sources of raw materials, including the companys iron ore, limestone anddolomite mines. The company has the distinction of being Indias largest producer of ironore and of having the countrys second largest mines network. This gives SAIL acompetitive edge in terms of captive availability of iron ore, limestone, and dolomitewhich are inputs for steel making.

7. NTPC

NTPC is the 7 the company in India. NTPC Ltd is the largest power generating companyin India. A public sector company, it was incorporated in 1975 to accelerate power

development in the country as a wholly owned company of the government of India. Atpresent, the government of India holds 89.5 per cent of the total equity shares of thecompany and the balance 10.5 per cent is held by FIIs, Domestic Banks, Public andothers.

In a span of 32 years, NTPC has emerged as a truly national power company; with power generating facilities in all the major regions of the country.NTPC was incorporated in1975. In the last 31 years, it has grown into the largest power utility of India. NTPC is thesixth largest thermal power generator in the world.

NTPCs maxim is Powering peoples progress.

8. Tata Motors

Tata Motors is the 8th largest company in India. Tata Motors recentlycreated history in India Inc history acquiring luxury auto brands Jaguar and Land Rover from Ford Motor for $2.3 billion dollars. Thecompany is also the worlds fifth largest medium and heavycommercial vehicle manufacturer, and the worlds second largestmedium and heavy bus manufacturer.Tata Motors has gained worldwide recognition under the leadership of its managing director Ravi Kant. Established in 1945, Tata Motorstoday has 4 million vehicles on Indian roads, since the first rolled out in1954. The companys manufacturing base is spread across India Jamshedpur (Jharkhand) in the east, Pune (Maharashtra) in the west,and in the north in Lucknow (Uttar Pradesh) and Pantnagar(Uttarakhand). A new plant is being set up in Singur near Kolkata inWest Bengal to manufacture the worlds cheapest car, the Rs 1 lakh Nano.
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Tata Motors is the first company from Indias engineering sector to belisted in the New York Stock Exchange. In 2004, it acquired the DaewooCommercial Vehicles Company, Koreas second largest truck maker.Tata Motors and Fiat Auto formed an industrial joint venture atRanjangaon (near Pune in Maharashtra, India) to produce both Fiat and

Tata cars and Fiat power trains for the Indian and overseas markets.

9. Tata Steel

Tata Steel is the ninth largest company in India with a sales turnover of Rs 25117.78crore. Established in 1907, Tata Steel is the worlds 6th largest steel company with anexisting annual crude steel capacity of 28 million tons. It has operations in 24 countriesand commercial presence in over 50 countries. Founded by Jamsetji Nusserwanji Tata,Tata Steel completed 100 glorious years of existence on August 26, 2007. The firstprivate sector steel plant which started with a production capacity of 1, 00,000 tons hastoday transformed into a global giant.

The company also has three Greenfield steel projects in the states of Jharkhand, Orissaand Chhattisgarh and proposed steel making facilities in Vietnam and Bangladesh.Through investments in Corus, Millennium Steel (renamed Tata Steel Thailand) andNatSteel Asia, Singapore, the Tata Steel has created a manufacturing and marketingnetwork in Europe, South East Asia and the Pacific-rim countries.

Tata Steels vision is to be the global steel industry benchmark for value Creation andcorporate citizenship. Tata Steel is one of the few steel companies in the world that isEconomic Value Added (EVA) positive. It was ranked the Worlds Best Steel Maker,for the third time by World Steel Dynamics in its annual listing in February, 2006. Tata

Steel has been conferred the Prime Minister of Indias Trophy for the Best IntegratedSteel Plant five times.

10. Sterilite Industries

Sterlite Industries, a part of Vedanta Resources, a London-listed metals and miningmajor, is Indias tenth largest company in terms of sales. Sterilite Industries had a salesturnover of Rs 24,376.83 crore (Rs 243.76 billion) in 2007. Sterlite Industries (India)Limited was acquired in 1986, bringing together several metal related activities managedby the Agarwal family. Sterlite was listed on the Bombay Stock Exchange in 1988 and onthe National Stock Exchange in 2004.

Vedanta was listed on the London Stock Exchange in 2003. Vedanta has two copper businesses, the first based in India and the second at Konkola Copper Mines in Zambia,which was acquired in November 2004. The copper business in India is held withinSterlite Industries (India) Ltd. There is some captive copper mining, but the business isprincipally in smelting and refining. Sterilte has plants in Tuticorin in Tamil Nadu andSilvassa. Sterlite owns two copper mines in Australia. In 2005-06, Sterlite had a domesticmarket share of some 43% of copper sales.


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