To give some international perspective on large Indian company performance, the overall value of India’s exports rose by 22.5% from US$263.9 billion in 2015 to $323.5 billion during 2019. From 2018 to 2019, international sales of India’s exported goods declined by -0.2%.
In the analysis below, we compare 10 among India’s top exports-related companies based on asset values, sales and profitability as of December 2019. Also presented is the Indian city where each business has its headquarters.
India’s Top 10 Major Export Companies
- Assets
- Sales
- Profit
- Headquarters
Assets
Below are some of India’s biggest exports-related companies organized by asset value. Shown within parentheses is the primary industry in which each company operates. Also shown is the change in asset value as of December 2019 compared to one year earlier.
- Reliance Industries (oil, gas): US$147.2 billion up 17.6% from 2018
- Oil & Natural Gas (oil, gas): $72.6 billion, up 10.8%
- Indian Oil (oil, gas): $47.1 billion, up 1.1%
- Tata Motors (car/truck maker): $42.4 billion, down -4.9%
- Tata Steel (iron, steel): $34.4 billion, up 28.8%
- Mahindra & Mahindra (car/truck maker): $23.5 billion, up 89.5%
- Hindalco Industries (aluminum): $21.5 billion, down -9.3%
- Bharat Petroleum (oil, gas): $20.7 billion, up 21.8%
- Coal India (diversified metals, mining): $19.7 billion, up 10.7%
- Steel Authority of India (iron, steel): $17.2 billion, down -3.4%
Seven of the above Indian businesses grew their asset values from 2018 to 2019, led by automotive manufacturer Mahindra & Mahindra (up 89.5%), Tata Steel (up 28.8%) and Bharat Petroleum (up 21.8%).
Three of India’s top corporations suffered reductions in asset size year over year: aluminum firm Hindalco Industries (down -9.3%), Tata Motors (down -4.9%) and Steel Authority of India (down -3.4%).
Sales
Profit
Headquarters
Note: Some of the above company offerings may include products other than the principal category shown within parenthesis under the Assets tab.
For example, Hindalco Industries produces not only aluminum but also copper rods, copper cathodes, sulfuric acid, gold and silver.
Similarly, Mahindra & Mahindra manufactures a wide range of automotive vehicles, agricultural tractors, implements and industrial engines. Mahindra & Mahindra subsidiary businesses encompass aerospace, construction equipment, information technology, logistics, real estate and retail.
See also India’s Top 10 Exports, India’s Top 10 Imports and Top Indian Trade Balances
Research Sources:
Forbes Global 2000 individual company profiles, Example of top Indian company compiled for this study: Reliance Industries. Accessed on August 26, 2020
Forbes Global 2000 rankings for the UK, The World’s Biggest Public Companies. Accessed on August 26, 2020
International Trade Centre, Trade Map. Accessed on August 26, 2020
Wikipedia, Category: Companies of India. Accessed on August 26, 2020
Wikipedia, List of companies of India. Accessed on August 26, 2020