Forbes Global List: Mukesh Ambani’s Reliance Jumps to 45th Position

Forbes has released its list of the world’s top 2,000 companies for the year 2023, which shows that Mukesh Ambani’s Reliance Industries Limited has climbed to the 8th position, reaching the 45th position. This is the highest position for any Indian company in this list. Forbes said that this list has been prepared on the basis of four factors, namely sales, profit, assets, and market valuation.

JP Morgan, the largest bank in America, topped the list for the first time since 2011, with total assets of $3,700 billion. Saudi oil company Aramco is in second place, followed by three sizable government banks. Technology giants Alphabet and Apple are ranked 7th and 10th, respectively.

Reliance Industries is ahead of Germany’s BMW Group and Switzerland’s Nestlé in the list, ranked 45th with sales of US$109.43 billion and profit of US$8.3 billion. State Bank of India (SBI) is at 77th position, HDFC Bank at 128th position, and ICICI Bank at 163rd position.

Other Indian companies on the list include ONGC at 226th position, LIC at 363rd position, TCS at 387th position, Axis Bank at 423rd position, NTPC at 433rd position, Larsen & Toubro at 449th position, Bharti Airtel at 478th position, Kotak Mahindra Bank at 502nd position, Indian Oil Corporation at 540th position, Infosys at 554th position, and Bank of Baroda at 586th position.

In total, 55 Indian companies are included in the list, with three companies of Gautam Adani’s group, including Adani Enterprises at 1062nd position, Adani Power at 1488th position, and Adani Ports and Special Economic Zone at 1598th position.

English Summary:

Forbes has released its list of the world’s top 2,000 companies for the year 2023, which shows that Mukesh Ambani’s Reliance Industries Limited has climbed to the 8th position, reaching the 45th position. This is the highest position for any Indian company in this list. Forbes said that this list has been prepared on the basis of four factors, namely sales, profit, assets, and market valuation.

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