Despite a challenging global business environment and geopolitical turmoil, MNCs are a major part of the story of Corporate India. As the country moves closer to its Viksit Bharat goal, these multinationals are playing an increasingly pivotal role in shaping that future. Fortune India’s second edition of the MNC 500 list offers a comprehensive look at the performance of the 500 largest multinationals in India. The issue also decodes Budget 2026, highlighting the government’s long-term vision to sustain the economic momentum.