Our Special Issue this month is Fortune’s flagship offering globally — the 500 largest companies. This year’s Fortune 500 India list provides evidence that Covid is well and truly behind us and India Inc.’s belt tight-ening during the preceding slowdown has now set it up for a new phase of growth and expansion. V. Keshavdev’s lead story unravels an unprecedented revenue growth in the ‘`1 lakh crore club’.A record nine companies (three PSUs and six private companies) entered the ‘`1 lakh crore club’, taking the total count to 30 — a 4x growth since 2010. The good news is that records are not just tumbling in topline, but bottomline as well. The `10.93 lakh crore net proἀt of Fortune 500 India companies is not just the highest ever, it has also grown 3x since 2010. All this bodes well for the future of corporate India as it gives companies the foundation to grow exponentially from here on.
In other stories in the issue read how the big are getting bigger as the largest companies unleash a wave of organic and inorganic growth; how ἀve new-age ἀrms have made a place for themselves in the league of India’s 500 largest companies; and who’s rocking in ESG & CSR mandates, who’s struggling. Happy reading!
