8 Indian Companies on Fortune 500 List
Tata Steel
Tata Steel Limited is ranked at 410th position. The multinational steel company is headquartered in Mumbai, India and subsidiary of Tata Group. Being the tenth-largest steel producing company in the world, it has an annual crude steel capacity of 23.5 million tonnes, and is also the largest private-sector steel company in India measured by domestic production. Tata Steel is also India's second largest and second-most profitable private-sector company, with consolidated revenues of $26 billion and net profit of over $1.9 billion in the year ended March 31, 2011. It is the eighth most-valuable Indian brand according to an annual survey conducted by Brand Finance and The Economic Times in 2010. Tata Steel is ranked at 370 globally in Fortune Global 500 list in 2011. It has also been listed as World's most ethical companies by Forbes.
