India is a country in South Asia. It is the seventh-largest country by area, the most populous country (with over 1.4 billion people), and the most populous democracy in the world.

The Indian economy is the world's fifth largest by nominal GDP and third largest by purchasing power parity. Following market-based economic reforms in 1991, India became one of the fastest-growing major economies and is considered a newly industrialised country.

For further information on the types of business entities in this country and their abbreviations, see: "Business entities in India".

Largest firms

This list shows firms in the Fortune Global 500, which ranks firms by total revenues reported before 31 January 2025. Only the top 5 ranking firms (if available) are included as a sample.

RankImageName2024 revenues (US$M)EmployeesNotes 86 Reliance Industries 108,878 347,000 Reliance Industries is a true conglomerate with interests in energy, petrochemicals, textiles, natural resources, retail, and telecommunications. 95 Life Insurance Corporation 103,547 98,463 India's largest multinational public sector life insurance company. 116 Indian Oil Corporation 94,273 31,942 Indian Oil provides products and services all along the energy value chain, and is India's largest commercial entity. The firm has been on the Global 500 as long as the list has been recorded. 178 State Bank of India 71,844 232,296 The bank is a state-owned, multi-national financial services entity, founded in 1806 as the Bank of Calcutta. The firm operates in more than 36 countries. 180 Oil and Natural Gas Corporation 71,466 36,549 State-owned largest crude oil and gas company in India.

Notable firms This list includes notable companies with primary headquarters located in the country. The industry and sector follow the Industry Classification Benchmark taxonomy. Organizations which have ceased operations are included and noted as defunct.

See also Conglomerates in India List of telecom companies in India Brand India Digital India India Inc. Look East policy Make in India MyGov.in

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