2024 Burgundy Private Hurun India 500 List: RIL Retains Position as Most Valuable Company for the 4th Consecutive Year.

Economy Business | Dated: 22 Feb 2025

In the 2024 Burgundy Private Hurun India 500 list, released by Axis Bank Limited's Burgundy Private and Hurun India, Reliance Industries Limited (RIL), based in Mumbai, Maharashtra, has maintained its position as India's most valuable company for the fourth consecutive year with a valuation of Rs 17,52,650 lakh crore.

🎯 Key Highlights:

  • - Following RIL, Tata Consultancy Services Limited (TCS), also based in Mumbai, ranks second with a valuation of Rs 16,10,800 crore, while Housing Development Finance Corporation (HDFC) Bank Limited, Mumbai, holds third place with a valuation of Rs 14,22,570 crore.
  • - The total worth of the 500 companies featured in the 2024 edition stands at Rs 324 lakh crore (approximately USD 3.8 trillion).

💡 Other Important Facts:

  • (i) The 2024 Burgundy Private Hurun India 500 is the fourth edition, featuring the 500 most valuable private companies in India. The average age of the companies on the list is 43 years.
  • (ii) The threshold for qualifying in the 2024 Burgundy Private Hurun India 500 is Rs 9,580 crore as of 13 December 2024, reflecting a 43% increase from the Rs 6,700 crore threshold in 2023.

📚 Test Your Knowledge:

Which company has retained its position as India's most valuable company for the 4th consecutive year in the 2024 Burgundy Private Hurun India 500 list?

Correct Answer: RIL

🚀 Quick Recap:

About Hurun India

  • Founder and Chief Researcher: Anas Rahman Junaid
  • Headquarter : Mumbai