India

Sep 17, 2007 13:01

India is ranked 4rd largest in the world when it comes to GDP.

1) US
2) China
3) Japan
4) India.

Yet here are the individual standings of the companies in India along with there ranking in the world.

1 Indian Oil - ranking in the world 135, rev 45,216.6 $ millions
2 Reliance Industries - ranking in the world 269, rev 25,158.9 $ millions
3 Bharat Petroleum - ranking in the world 325, rev 21,862.2 $ millions
4 Hindustan Petroleum - ranking in the world 336, rev 20,935.6 $ millions
5 Oil & Natural Gas - ranking in the world 369, rev 19,237.4 $ millions
6 State Bank of India - ranking in the world 495, rev 15,119.4 $ millions

Here is the question of the day, we are ranked # 4 in production yet not even a single company is in the top 100. The only company that even got close was Indian Oil and that too cause of increase in gas prices.

The out of 500 companies in the world only 6 companies are Indian and then also 4 of them are related to petroleum.

Whats going on here? I am missing something or is India just growing on push of western countires and oil.
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