Reliance Industries topped Hurun’s list of the 10 most valuable private companies in India, followed by TCS and HDFC in second and third place, respectively. The combined market valuation of these top 10 companies was greater than Saudi Arabia’s GDP.
According to the 2024 Burgandy Private Hurun India 500 list, the top 500 companies had a combined revenue of $1 trillion, posted a profit of ₹8 lakh crore, paid ₹2.2 lakh crore in taxes and employed 85 lakh people. Their cumulative value rose 40% to $3.8 trillion — more than India’s $3.5 trillion GDP.
They collectively spent ₹11,000 crore under the corporate social responsibility (CSR) aspect in 2024, the report added.
Each of the top 500 companies on the 2024 Burgandy Private Hurun India 500 list is valued at over $1 billion.
