Top 10 Private Limited Companies in India

Introduction

The Indian economic landscape has witnessed remarkable growth. And it has positioned the country as the world’s fastest-growing economy. In this context, Private limited companies in India serve as a robust foundation for employment, global competitiveness, innovation, and economic development. There are numerous private organizations that are continuing to expand their business operations in India, but only a few stand ahead of innovation, market influence, revenue, and their contributions to the nation’s economic progress.
Let us explore the top 10 private companies in India, including their industries, and what makes them pioneers in the industry in this blog.

Top 10 Private Limited Companies in India

 1.  Reliance Industries Limited

• Company type: Private Sector
• Headquarters: Mumbai, Maharashtra
• Started date: 1958
• Founder: Dhirubhai Ambani (First CEO)
  Mukesh Ambani (Present chairman and MD)
• Industries: Reliance Retail, Petrochemicals, Refining, Telecom, Digital Services, Renewable Energy, Media and Entertainment, Oil and Gas
• Annual revenue: $125.3 billion (10,71,174 crore) for the FY 2024-25 with an annual growth of 7.1%

Reliance Industries Limited (RIL) is India’s diversified company operating across various industries. Initially founded by Dhirubhai Ambani and it is currently led by Mukesh Ambani. Over the period of time, the company has transformed from a textile manufacturer into diverse industries, including textiles, energy, retail, telecommunications, Jio, the largest retail network of India.

RIL has impacted the economic landscape of the country through large-scale investments, innovations, and further expansion in sectors such as green hydrogen and renewable energy.

2.  Tata Consultancy Services (TCS)

• Company type: Private Sector
• Headquarters: Mumbai, Maharashtra
• Started date: 1st April, 1968
• Founder: Faquir Chand Kohli, J. R. D. Tata
• CEO: Mr. K. Krithivasan
• Industries: IT Services, Consulting, Business Solutions, Life Science & Healthcare, Manufacturing, Communication, Media, and Technology, Banking, financial services, Insurance, and Retail
• Annual revenue: The annual revenue for the FY 2024-25 is $31 billion (Rs 259, 286 crore) with a 5.7% growth compared to previous year.

Tata Consultancy Services is one of the world’s largest IT companies. It operates across more than 150 countries and is known for its strong focus on research and innovation. Also, it has built a reputation for technological excellence by emphasizing on technologies like cloud computing, blockchain, cybersecurity, and artificial intelligence.

3. Infosys

• Company type: Private Sector
• Headquarters: Bengaluru
• Started date: 2nd July, 1981
• Founder: N. R. Narayana Murthy, Nandan Nilekani, Kris Gopalakrishnan, S. D. Shibulal, K. Dinesh, N. S. Raghavan, Ashok Arora
• CEO: Salil Parekh (Since January 2018)
• Industries: Information Technology, consulting, outsourcing
• Annual revenue: The annual revenue for the FY 2024-25 is USD 19.28 billion (Rs 1,62,990 crore) with 6.1% increase over a year.

Infosys is a leading multinational IT company and plays a key role in shaping the future of the global IT services.

It is known for delivering exceptional digital transformation services to clients worldwide. Also, the company operates in over 50 countries and maintains reliable partnerships with prominent technological firms. However, it emphasizes on sustainable business practices, talent development, and a strong focus on innovation and research.

4. ICICI

• Company type: Private Sector
• Headquarters: Mumbai, Maharashtra
• Started date: Initially started in 1955 as India’s first development financial institution; ICICI Bank was later established in 1994 and registered as ICICI Banking Corporation
• CEO: Sandeep Bakhshi (Since 2018)
• Industries: Banking, Financial services
• Annual Revenue: ₹ 2.946 trillion (US$35 billion) (FY 2025)

ICICI Bank is the largest private sector bank in India. It offers various services, including corporate banking, insurance, investment services, credit and debit cards, and foreign exchange. ICICI, being widely known for its digital banking capabilities, provides mobile and online banking facilities to customers. Furthermore, the unique blend of technology and financial services sets ICICI Bank apart from its competitors and improves customer experience.

• Company type: Private Sector
• Headquarters: Mumbai
• Started date: August 1994; received RBI approval to establish a private sector bank and commenced operations in 1995
• CEO: Mr. Sashidhar Jagdishan
• Industries: Banking and Financial Services
• Annual revenue: ₹4.71 lakh crore (US$56 billion) (FY 2025)

HDFC Bank is India’s largest private sector bank, known for its total assets and capitalization. The bank mainly focuses on retail banking, wealth management services, and corporate banking, by providing customized and innovative financial offers. HDFC Bank offers several services, such as savings account, current account, home loans, credit cards, digital banking solutions, and other investment options. The advanced technology, efficient customer service, and secured banking systems, make HDFC Bank the preferred choice for several individuals and businesses in India.

6. Bharti Airtel

• Company type: Private Sector
• Headquarters: New Delhi
• Started date: 7th July 1995
• Commencement of business: January 18th, 1996
• Founder: Sunil Bharti Mittal
• CEO: Mr. Gopal Vittal
• Industries: ICT services
• Annual revenue: ₹172,985 crore (US$20 billion) (FY 2025)

Bharti Airtel is India’s most prominent telecommunications company, headquartered in New Delhi. It also provides services, such as mobile, DTH, and broadband services worldwide. Currently, Airtel provides LTE advanced services, 5G, and 4G. It has also rolled out Voice over LTE(VoLTE) technology in Indian circles. Also, it is the 2nd largest mobile network operator in India and the world.

7. ITC

• Company type: Private Sector
• Headquarters: Kolkata
• Started date: 24th August, 1910; originally named Imperial Tobacco Company of India Limited, later renamed to ITC Limited in 1974
• Founder: William M. Jacks
• CEO: Mr. Sanjiv Puri
• Industries: FMCG, Hotels, Information Technology (IT), Agri Business, Paper Board and Specialty Papers
• Annual revenue: ₹816.12 billion (US$9.7 billion) (FY 2025)

ITC is one of India’s largest groups of companies operating across diverse segments. And, it generates most of its revenue from tobacco products. It is known for its strong focus on innovation, rural development, and sustainability. Also, the company has contributed to the country’s economy.

8. L&T

• Company type: Private Sector
• Headquarters: Mumbai, Maharashtra
• Started date: Founded in 1938; officially incorporated as a private limited company on 7th February, 1946
• Founders: Henning Holck-Larsen and Soren Kristian Toubro
• CEO: Mr. S N Subrahmanyan
• Industries: IT, Heavy Industry, Financial Services, Power Generation, E-commerce, Real Estate, Defence, Shipbuilding, and more
• Annual revenue: ₹259,859 crore (US$31 billion) (FY 2025)

Larsen & Turbo (L & T) is an Indian multinational organization that is spread across various sectors. And, with a global workforce of more than 407,438 (2024), L & T has established itself as a prominent global leader. In addition, a key contributor to the economic growth of the country. Furthermore, to construction and engineering services, L & T has also stepped into analytics, digital transformation, and cloud computing.

9. HCL

• Company type: Private company
• Headquarters: Noida
• Started date: 1976 – Original company Hindustan Computers Limited was started; HCL Technologies was founded in 1991 as a separate entity
• Founder: Shiv Nadar
• CEO: C Vijayakumar (October 2016–present)
• Industries: HCL software segment, Engineering and R&D services, IT and Business Services
• Annual revenue: ₹119,540 crore (US$14 billion) (FY 2025)

HCL is the leading IT service and consulting company in India. It is known for providing cutting-edge technology solutions across various industries, such as manufacturing, healthcare, retail, and more. Additionally, its innovative-driven approach, customer-first philosophy, and strong global network accelerate business growth and enhance business operational efficiency.

10. Kotak Mahindra Bank

• Company type: Private Sector
• Headquarters: Mumbai
• Started date: In 1985, started as Kotak Mahindra Finance Limited; in 2003, received an RBI banking license and began operating as Kotak Mahindra Bank
• Founder: Uday Kotak
• CEO: Ashok Vaswani (Since January 1st, 2024)
• Industries: Banking services, Insurance, Mutual Funds
• Annual revenue: ₹94,274 crore (US$11 billion) (FY 2024)

Kotak Mahindra Bank is an Indian banking and financial organization. It is recognized for its customer-focused services, financial stability, and digital banking solutions. However, the bank offers a variety of services, such as loans, investments, wealth management, insurance, and more. With its global presence, it has earned the trust of many individuals and businesses.

Final Thoughts

In India, establishing Private limited company represents economic strength, innovation, and growth. However, the above-mentioned list of top private limited companies is not the end, the list continues. It also continues to create opportunities for millions of individuals and businesses.

Understanding the top private limited companies in India provides insights into the economy of the country and highlights the skills that top private sector industries need in the future.