56 Indian firms in Forbes Global 2000 list

Indian companies are getting bigger and more powerful. Around 56 Indian companies have found a place in the exclusive club of 'The Forbes Global 2000' - 'the biggest, most powerful listed companies in the world'.

The 'Global 2000' list of the most powerful companies worldwide has been topped by US banking giant JPMorgan Chase and is followed by General Electric, Bank of America and ExxonMobil.

In total the Global 2000 companies now account for $30 trillion in revenues, $1.4 trillion in profits, $124 trillion in assets and $31 trillion in market value. All metrics are down from last year, except for market value, which rose 61 per cent.

While the US has 515 companies and Japan has 210 members, China has 113 companies in the list.

A company must stand out from its industry peers in growth, return to investors and future prospects, to qualify as a Global High Performer, the Forbes report said.

Click NEXT to find out the top 10 Indian companies in the Forbes list...

Mukesh Ambani-led Reliance Industries, with sales of $29.40 billion and profit of $2.91 billion, ranked at 126th is first among Indian companies. Reliance has a market capitalisation of $69.36 billion.

Two companies from the Anil Ambani Group, Reliance Communications (742) and Reliance Infrastructure (1,702), have also made it to the list.

Banking and oil sector companies dominate the listing. State Bank of India comes second (among Indian companies) ranked at 130 with sales of $22.14 billion and profit of $2.13 billion.

Other Indian banks named in the list include state-owned Punjab National Bank (695), HDFC (783), Axis Bank (858) Bank of Baroda (892), Bank of India (902), Canara Bank India (1008), Union Bank of India (1,278), Indian Bank (1,278), Indian Overseas Bank (1,423), Syndicate Bank (1,611), IDBI Bank(1,642), Oriental Bank of Commerce(1,670), Central Bank of India (1,775) Corporation Bank (1,802), Allahabad Bank (1,852), UCO Bank (1,910).

Oil & Natural Gas is ranked 155, with sales of $20.21 billion and profit of $3.86 billion.

ICICI Bank is ranked 282 with sales of $12.58 and profit of $0.70 billion.Despite the turmoil in the financial sector, banks still dominate, with 308 companies in the global 2000 list, with impressive assets.

Indian Oil Corporation with sales at $47.53 billion and profit at $0.51 billion is ranked at 313. NTPC is ranked at 341 with sales at $8.62 billion and profit at $1.58 billion.

Most of the 130 Global High Performers have been expanding their earnings at 28 per cent a year and 20 per cent annualised gains to shareholders over the past five years, Forbes noted.

Tata Steel with sales of $28.69 billion and profit of $0.96 billion is ranked at 345.

Telecom major Bharti Airtel is ranked at 471 with sales at $7.27 billion and profit at $1.53 billion.

Steel Authority of India comes at 502 with sales at $8.39 and profit at $1.22 billion.

Larsen & Toubro is ranked at 548 with sales at $7.87 billion and profit at $0.74 bilion.

The other companies in the global list include:

699 Bharat Heavy Electricals
741  Tata Consultancy
742  Reliance Communications
807  Infosys Technologies
826  Wipro
923  DLF India 
928  Tata Motors
946  NMDC India 
985  GAIL (India) India 
1005  Hindalco Industries
1023  ITC India
1093  Power Grid of India
1111  Bharat Petroleum India 
1123  Power Finance India  
1131  Jindal Steel & Power
1302  Hindustan Petroleum
1308  Mahindra & Mahindra
1385  NHPC India 
1425  Grasim Industries India 
1466  Oil India India 
1470  Sun Pharma
1492  Rural Electrification India 
1539  Tata Power India 
1571  Hero Honda Motors
1746  HCL Technologies India 
1813  National Aluminium India 
1865  Adani Enterprises
1952  ACC