Successful Indian Companies: The total market value of the country's most successful 500 companies is Rs 231 lakh crore. This figure is more than the GDP of many countries of the world. These big companies of the country are spread in a total of 44 cities. Last year, the companies included in this list were in 36 cities. These figures are from the Hurun India 500 list. Hurun has released this list on Monday in collaboration with Axis Bank.
Companies with minimum value of Rs 6700 crore included
According to the Hurun India 500 list, this year those companies have got a place in it, whose minimum value is Rs 6700 crore. Last year this figure was Rs 5,947 crore. There has been a jump of 13 percent in this. According to the data, about 1.3 percent of the total workforce of the country works in these companies. These companies are providing employment to 70 lakh people. This average comes to 15,211 employees per company.
Companies from cities like Kochi and Surat also came in the list.
In this ranking, not only the companies from cities like Mumbai and Bengaluru have got a place, but the companies located in Tier 2 cities like Kochi and Surat are also included in it. Maximum 156 companies of Mumbai are included in the list. After this, 59 companies from Bengaluru and 39 from Delhi have joined it. Starting from 235 year old EID Parry, startups formed in 2021 have also got a place in it. According to Hurun, the list shows that India's economic development is spread all around. This includes everything from finance, healthcare to IT, automotive and banks. This year 61 new companies have got a place in the list. Of these, women are also included in the boards of 437 companies.
Reliance has been the country's most valuable company for three years.
According to Hurun List, Reliance has remained the most valuable company of the country for the last three years. After this comes TCS and HDFC Bank. This year, HCL Technologies and Kotak Mahindra Bank have returned to the top 10. 8 companies of Adani Group have 4.3 percent share in this list. Its total value has been estimated at Rs 9.9 lakh crore. Due to the Hindenburg Report, the value of the group companies had decreased by 50 percent. But, after the decision of the Supreme Court, its value is continuously increasing.
Declining funding and market value of startups
This year too, a decline is being seen in startup funding and market value. Byju's, DealShare and PharmEasy have lost a lot of money. FarmEasy has also been left out of the list. Despite this, 6 unicorns listed on the stock exchange have earned a market value of Rs 62,837. Jio Financial Services has made it to 28th position in the list. Sales of these 500 companies have increased by 13 percent in the year 2023. Their total sales have been 952 billion dollars. The market value of a total of 342 companies has increased.
read this also
Paytm crisis: Another blow to Paytm Payments Bank, Independent Director Manju Aggarwal resigns