Indian Top 9 Biggest Business Company In 2024

India is home to some of the world’s most powerful industrial powers, driving the country’s economic growth and global stature. From state-owned enterprises to private sector giants, these giants form the backbone of India’s ecosystem. Here, we take a look at India’s largest companies and their significant contribution to the economy.

Combined Market Capitalization

The combined market capitalization of these industrial titans reflects their vast influence and reach. Together, they show the size of India’s corporate governance:

1. Government of India: The ruling power

The Government of India stands tall with a market capitalization of Rs 71 lakh crore. This includes public sector undertakings (PSUs) like ONGC, Coal India and State Bank of India which contribute significantly to the economy.

2. TATA Group – An Icon of Trust

With a market capitalization of Rs 34.1 lakh crore, the TATA Group remains an icon of trust. From Tata Training Services (TCS) to Tata Motors, its diversified portfolio underscores its industry leadership.

3. Reliance Industries – A Game Changer

Mukesh Ambani-led Reliance Industries has a market capitalization of Rs 22.8 lakh crore. His businesses in oil and gas, retail and telecom (via Jio) have transformed Indian markets.

4. HDFC Bank – Banking Excellence

As India’s largest private sector bank, HDFC Bank has a market capitalization of Rs 18.7 lakh crore. Its innovative financial products and strong customer base are the epitome of modern banking.

5. Adani Group: Rapid expansion

With a market capitalization of Rs 17.1 lakh crore, the Adani Group has expanded into sectors such as renewable energy, ports and infrastructure, cementing its position as a rising star in Indian business.

6. Infosys: IT powerhouse

Infosys, one of India’s leading IT companies, has a market capitalization of Rs 14.2 lakh crore. Known for its software services, Infosys is synonymous with innovation and global reach.

7. Bharti Airtel: Connecting India

With a market capitalization of ₹8.1 lakh crore, Bharti Airtel plays a pivotal role in India’s telecom sector, driving the digital transformation of the entire country.

8. Aditya Birla Group – A Legacy of Excellence

The Aditya Birla Group, with a market capitalization of ₹7.6 lakh crore, spans industries such as cement, metals and financial services, and encompasses a legacy of diversity.

9. Larsen & Toubro (L&T): An engineering marvel

L&T, with a market capitalization of ₹6.1 lakh crore, is India’s leading engineering and construction company, known for its transformational projects and infrastructure development.