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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.
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.
Telecom major Bharti Airtel is ranked at 471 with sales at $7.27 billion and profit at $1.53 billion.
Larsen & Toubro is ranked at 548 with sales at $7.87 billion and profit at $0.74 bilion.
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