New York: Twenty Indian companies, including State Bank, Reliance Industries, Indian Oil and Oil and
Natural Gas make to the Forbes list of top 2,000 companies worldwide for 2003.
In the ranking based on sales, profits, assets and market value, State Bank tops among the Indian
companies with an impressive ranking of 268 among the 2,000 followed by Reliance, which is placed
306 in the overall list.
Indian Oil at 325 and Oil Natural Gas at 351 are third and fourth among the Indian companies.
Other Indian companies (with overall ranking in brackets), which make to the list include ICICI (907),
Bharat Petroleum (956), Hindustan Lever (1019), Hindustan Petroleum (1091), Bank of India (1313),
Bank of Baroda (1344), ITC (1352) and Canara Bank (1365).
Gail India (1370), software giant Infosys Technologies (1397), Industrial Development Bank of India
(1403), Wipro (1430), Punjab National Bank (1431), Housing Development Finance (1550), Mahanagar
Telephone Nigam (1680) and Ranbaxy Laboratories (1800) also make to the coveted list.
The largest number of 776 companies on the list are United States-based, followed by 331 Japanese
firms and 132 British companies.
The aggregate revenue of the 2,000 is $ 18 trillion and they employ 63 million people.
Among the top 10 are six US based companies, two British firms and each based in Netherlands and
Japan.
Citigroup occupies the top position followed by General Electric, American International group, Exxon
Mobil, Bank of America (all US based), Royal Dutch/Shell group (Netherlands), BP (UK), Fannie Mae
(USA), HSBC group (UK) and Toyota Motors (Japan).
State Bank ranks 439 in sales, 215 in profits, 123 in assets and 932 in market value. The corresponding
figures for Reliance Industries are 473, 224, 737 and 447.
For other Indian companies the ranks in sales, profit, assets and market value:
Indian oil 197, 334, 792, 668, Oil and Natural Gas 908, 148, 827, 261, ICIC Bank 1,497, 736, 490, 1,727
and Bharat Petroleum 434, 597, 1,780, 1,782.
Hindustan Lever is ranked 1,716 in sales, 564 in profits and 534 in market value. It is not ranked for
assets. The corresponding figures for Hindustan Petroleum are 542, 1,061 and 1,462.
For Bank of India, profit ranking is 1,001 and asset ranking 693. The corresponding figures for Bank
Baroda are 1,077 and 682.
ITC is ranked 782 for profits and 999 for market value.
Canara Bank's profit ranking is 1,137 and asset ranking 678. Gail is ranked 1,570 for sales, 585 for
profit and 1,677 for market value.
PTI