Of the 56 Indian companies on the Forbes Global 2000 list of the world's top companies, 25 have improved their rankings since last year
The timing of the annual Forbes Global 2000 list, comprising the world’s largest publicly traded companies, coincides with the first anniversary of the Narendra Modi-led government. And much like the Centre’s report card, corporate India’s performance has been both good and bad: After two consecutive years of decline, the number of Indian companies featured in the 2015 list has risen to 56, up from 54 last year. But India Inc has still to climb its way back to the 2012 high of 61 companies.
Among the BRICS nations (Brazil, Russia, India, China and South Africa), India’s contribution is second to that of China’s, which is far ahead with 232 companies. Of the 56 Indian businesses that have made the cut, 25 have improved their rankings over 2014; seven are new entrants; the rest have witnessed a decline.
(This story appears in the 12 June, 2015 issue of Forbes India. To visit our Archives, click here.)