Home > Current Affairs > National > RIL top-ranked Indian Company on the 2024 Fortune Global 500 List

RIL top-ranked Indian Company on the 2024 Fortune Global 500 List

Utkarsh Classes Last Updated 06-08-2024
RIL top-ranked Indian Company on the 2024 Fortune Global 500 List Index 3 min read

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 

FAQ

Answer: HDFC Bank, at 306, ranks the world

Answer: Reliance Industries Limited at 86 rank in the world.

Answer: Nine, RIL (86 ranks), LIC (95), IOC(116), SBI(178), ONGC(180), BPCL (258), Tata Motors (271), HDFC Bank (306), Rajesh Export (473).

Answer: Walmart of the US for the 11th consecutive time

Answer: Saudi Arabia’s company Saudi Aramco.
Leave a Review

Utkarsh Classes
DOWNLOAD OUR APP

Download India's Best Educational App

With the trust and confidence that our students have placed in us, the Utkarsh Mobile App has become India’s Best Educational App on the Google Play Store. We are striving to maintain the legacy by updating unique features in the app for the facility of our aspirants.