Indian Economy News

Financial services, Pharma, IT biggest contributors in Hurun's 500 list

  • IBEF
  • June 16, 2022

The top contributors to the Burgundy Private Hurun India 500 list are financial services, healthcare, and software and services. Financial Services led the way with more than one-fifth of the Burgundy Private Hurun India 500's cumulative value, followed by Software & Services (14%) and Healthcare (7.2%), according to the report.

Apart from this, Consumer Goods showed cumulative value of 5.5%, followed by Chemicals at 5.1%, Retail at 4.6%, and Automobile & Auto Components at 4.4%.

According to the report, the value of India's top 500 companies increased by 2% to Rs. 232 lakh crore (US$ 2.97 trillion) from Rs. 221 lakh crore (US$ 2.83 trillion) as of October 30, 2021.

The top-500 valuation list required a minimum valuation of Rs. 5,800 crore (US$ 760 million), and companies in the list came from 15 states, led by Maharashtra.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.