Reliance Industries has topped the list of India’s wealth creators for the sixth consecutive time, accounting for 8.1% of total wealth created from 2019-2024. This is the 11th time they have held the top spot in the last 17 studies. Other notable contributors to India’s wealth include TCS, Infosys, Bharti Airtel, ICICI Bank, and State Bank of India. TCS and Infosys have shown consistent performance, while Bharti Airtel’s focus on telecom innovation and ICICI Bank’s sharp profit growth have also contributed to their success. State Bank of India’s steady return on equity (RoE) and Infosys’s high RoE demonstrate their profitability. Larsen & Toubro’s diversified business model and Adani Enterprises’ focus on high-growth sectors have also driven their success. Tata Motors’ electric vehicle and global strategies have led to its recovery, while HCL Tech’s financial discipline and IT innovation have contributed to its growth. These companies have created a significant amount of wealth, with Reliance Industries topping the list with ₹11,178 billion.
For the sixth time, RIL emerges as India’s top wealth creator, trailed by TCS and Infosys, which secured second and third spots, respectively.
by newsworm | Dec 10, 2024 | Adani Enterprises, Bharti Airtel, HCL Technologies, Tata Consultancy Services | 0 comments