Axis Bank’s Private Banking Business, Burgundy Private and Hurun India released the ‘2022 Burgundy Private Hurun India 500. This is the second edition of the list, which ranks the 500 most valuable companies in India.
309 companies grew in value, while 192 companies declined YOY in the 2022 Burgundy Private Hurun India 500 list. However, as per the report, some of the most valuable companies in India had low sales. 61 of the 2022 Burgundy Private Hurun India 500 companies had sales of less than INR 1,000 crore in FY 2022, the report further states.
Reliance Industries is India’s most valuable company. Tata Consultancy Services with INR 11.7 lakh crore and HDFC bank with INR 8.3 lakh crore come second and third respectively, says Hurun Report.
Companies from the 2022 Burgundy Private Hurun India 500 employ 7.3 million people, an average of 14,500. 137 of these companies have more than 10,000 employees while 103 have less than 1,000 employees. This data is dominated by Tata Consultancy Services with 5,92,195 employees and Quess Corp with 4,36,907 employees.
As per the report, these are the top 10 employers in India in 2022.
1. Tata Consultancy Services
Number of Employees: 5,92,195
2. Quess Corp
Number of Employees: 4,36,907
3. Reliance Industries
Number of Employees: 3,40,000
4. Infosys
Number of Employees: 3,14,015
5. Larsen & Toubro
Number of Employees: 2,52,217
6. Wipro
Number of Employees: 2,47,073
7. HCL Technologies
Number of Employees: 2,24,834
8. SIS
Number of Employees: 1,44,017
9. HDFC Bank
Number of Employees: 1,41,579
10. Motherson Sumi Systems
Number of Employees: 1,28,564
Top 10 Women Employers In India
Tata Consultancy Services was named the top employer for women in India with 2,10,000 women employers out of the total number of 5,92,195.
