India’s TOP 500 Companies 2020

INDIA’S TOP 500 COMPANIES 2020 94 For more than two decades now, Dun & Bradstreet has been tracking the incredible growth story of the Indian economy. Over the course of these years, Dun & Bradstreet has also been tracking the role of the Indian Corporate sector in this growth story through its premier publication, India’s Top 500 Companies. The publication was first launched in 1997, at a time when India had first began charting its course towards becoming one of the fastest growing economies in the world. Since then, this publication has over the years earned the reputation of one of the most credible and comprehensive compendiums on the Indian corporate sector and the most definitive ranking of large Indian corporates. This year’s edition, India’s Top 500 Companies 2020, is the milestone 20th edition of the publication. The India’s Top 500 Companies publication lists and profiles the Top 500 Companies among India’s large listed corporates, on the basis of key parameters such as total income, net profit and net worth, among others. The companies are also classified into nearly 60 sectors on the basis of their dominant business operations. This year’s edition will also showcase the companies that have featured in all 20 editions of the publication thus far, as well as companies that have been featured for the first time. Significance of India’s Top 500 Companies The significance of India’s Top 500 Companies can be gauged on many counts. It would not be wrong to say that India’s Top 500 Companies represent the driving force of the Indian economy, since they contribute to nearly 20% of India’s GDP, close to 30% of India’s exports and about 30% of the country’s tax revenues. These companies also play an important role in providing livelihoods and in social upliftment. They provided employment to at least 5.4 mn people and spent at least ` 111 bn on CSR activities during FY19. This universe of companies also has a significant influence on the bourses, with the aggregate average market capitalization of these Top 500 Companies accounting for about 85% of the aggregate market capitalization of the BSE. These Top 500 Companies also have a rich history. Their combined corporate history of 22,000 years stand as a testimony to their rich legacy. Over the past two decades, while the Indian economy has grown by more than 12 times, these companies have in fact grown much faster, with a 15-fold rise in aggregate revenue and a 27-times expansion in market capitalization over the same period. India’s Top 500: 20 Years of Excellence Unravelling the Legacy of India’s Top 500 Companies Dun & Bradstreet