Mukesh Ambani's Reliance Industries Limited (RIL) maintained its status as the top-ranked Indian company in the 2024 Fortune Global 500 list. Nine Indian companies were included in the 2024 list, with RIL improving its rank from 86 to 88.

Only eight Indian companies were included in the list in 2023, and HDFC Bank was included for the first time this year.

Companies are ranked on the Fortune Global 500 by total revenues for their respective fiscal years ending on or before March 31, 2024.

The 2024 Fortune Global 500 List was released by the global multi-platform media company Fortune on 5 August 2024. American company Walmart retained its top position on the list for the 11th consecutive year.

Indian Companies on the 2024 Fortune Global 500 List

This year nine Indian companies have been included in the list, with RIL leading the list. Following is the list of the Indian companies with their rank

Serial Number	Company	2024 rank	2023 rank	Improvement (+)/decline in ranks (-) as compared to 2023
1	Reliance Industries Limited (RIL)	86	88	+2
2	Life Insurance Corporation (LIC)	95	107	+12
3	Indian Oil Corporation (IOC)	116	94	-22
4	State Bank of India (SBI)	178	235	+57
5	Oil and Natural Gas Corporation (ONGC)	180	158	-22
6	Bharat Petroleum Corporation Limited (BPCL)	258	233	-25
7	Tata Motors	271	337	+66
8	HDFC Bank	306	Not included	-
9	Rajesh Export	473	353	-120

Walmart leads the Fortune 500 Global List

For the 11th consecutive year, the American company Walmart has topped the Fortune Global 500 list. Saudi Arabian company Aramco remained the most profitable global company.

Following is the list of the top 10 Fortune Global 500 List

Rank	Company	Country
1	Walmart	United States
2	Amazon	United States
3	State Grid	China
4	Saudi Aramco	Saudi Arabia
5	Sinopec	China
6	China National Petroleum	China
7	Apple	United States
8	UnitedHealth Group	United States
9	Berkshire Hathaway	United States
10	CVS Health	United States