Dependency on Infosys: The value of these leading Indian companies exceeds the GDP of many nations

India’s top ten equities have a combined market value of more than the GDPs of many of its neighbors, including Bangladesh, Bhutan, Sri Lanka, Pakistan, and the Maldives.

Tata Group

With a combined market value of more than $365 billion, or Rs 30 lakh crore, the Tata Group firms outperform not only the GDP of Finland, Greece, and Qatar, but even Pakistan’s projected GDP of around $341 billion, as reported by the IMF. (Reuters image)

Limited by Reliance Industries
Limited by Reliance Industries
One of the most valued and innovative firms in India is Reliance Industries Limited (RIL). Reliance Industries Limited’s market value now reaches $269 billion, or Rs 22 lakh crore, more than the GDPs of Bhutan, the Maldives, and Peru combined. (ANI image)

Consultancy Services, Tata
TCS is a prominent firm within the Tata Group, with a market valuation of around Rs 17 lakh crore, or $177 billion. TCS alone is worth half of Pakistan’s total GDP. According to IMF estimates, it also exceeds the GDP of nations like Nepal, the Maldives, and the Ukraine. (Reuters image)

Bank HDFC
Known for its exceptional financial services, HDFC Bank Limited is the biggest private sector bank in India by total assets. Its market valuation is more over $132 billion, or 1.09 lakh crore, more than the GDP of Nepal, the Dominican Republic, and Myanmar combined. (Reuters image)

ICICI Bank
ICICI Bank is a developmental finance company that has 5,900 branches throughout India and is present in 17 countries worldwide. Its market value is more than $88 billion, which is more than the GDP of Sri Lanka, Burma, and Costa Rica combined. (Reuters image)

With a market valuation of more than $83 billion, Infosys Limited—the second-biggest Indian IT business after Tata Consultancy Services—has more wealth than the GDPs of Panama, Croatia, and Azerbaijan. (IANS image)