TOP 10 BIGGEST GOVERMENT COMPANY IN INDIA
IOCL is the second biggest government company in India in terms of marketcap. The data available in internet IOCL has a revenue of more than Rs. 8 Lakh Crore. IOCL is the maharatna company of government of India and its ownership comes under Ministry of Petroleum and Natural Gas. It was started in the 1959. IOCL headquarter islocated in Delhi..This comapny is oil marketing company. This company many petrol pumps in India.
(3) OIL AND GAS CORPORATION OF INDIA (ONGC)
ONGC is the largest government oil and gas explorer and producer in the country and produces around 70 % of India’s domestic production of crude oil and around 84 % of natural gas. ONGC was started in the 1956. ONGC its operation and control comes under Ministry of Petroleum and Natural Gas.
(4) BHARAT PETROLIUM CORPORATION LIMITED (BPCL)
(BPCL) Bharat Petroleum Corporation Limited company owner is indian goverment. Its work is oil and gas explorer and producer. BPCL is owned by the Department of Petroleum and Gas of the Government of India and is based in Mumbai, Maharashtra.BPCL work two major refineries in Kochi and Mumbai. India’s second-largest downstream state-owned oil company was ranked 309th on Fortune’s 2020 list of the world’s largest companies and 792nd on the 2021 Forbes Global 2000 list.
(5) HINDUSTAN PETROLIUM CORPORATION LIMITED (HPCL)
HPCL was started in 1974.This comapny owned by goverment of india. In the current time it is one of the subsidiary of ONGC which is also a government company. HPCL business is refine and sell the oil.HPCL is purchase oil from ONGC and sell.
(6) STATE BANK OF INDIA (SBI)
SBI is 5th largrst bank in terms of market cap. The SBI is owned by Goverment of india. SBI is 6th largest company is owned by goverment of india. SBI was started in 1955 by combining Imperial bank of India, Bank of Calcutta, Bank of Bombay and Bank of Madras.SBI is the biggest government owned Company. SBI is governed by the rules of the State Bank of India Act 1955.
(7) NATIONAL THERMAL POWER CORPORATION (NTPC)
NTPC is power generation company is under the Ministry of Power. NTPC is started in 1975. NTPC is the largest power generation company in whole India. NTPC majorly generates power through coal based stations and rest through gas based stations, Hydro station, small hydro, Solar PV, and Wind based Station.
(8) COAL INDIA
The largest coal mining company in india is coal india. The coal india company is owned by goverment of india. The coal india is produce 80% coal in india.Coal india 400 coal mines in many areas in india.
(9) STEEL AUTHORITY OF INDIA LIMITED (SAIL)
SAIL is steel company. SAIL is owned by goverment of india. SAIL is started in 1954.SAIL current time its major production units are located in Odisha, West Bengal, Jharkhand and Chhattisgarh.SAIL is acquire many small company.
(10) MANGLORE REFINERY AND PETROCHEMICALS LIMITED (MRPL)
MRPL comes under the ownership of ONGC which is also a government owned entity. It was one of the biggest oil refinery company in whole of India. It was founded in the year of 1988 and later acquired by ONGC in 2003. Before the acquistion MRPL was a joint venture between HPCL and AV Birla Group (Now Adity Birla Group).