Reliance Industries and Tata Group have secured spots on TIME's prestigious list of the 100 world's most influential companies in 2024.
TIME hailed Reliance as 'India's Juggernaut' for its significant impact. This marks Reliance's second appearance on the list, with its digital arm, Jio Platforms, previously featured in 2021.
TIME categorised Reliance under 'Titans', emphasising its evolution from a textile company founded by Dhirubhai Ambani to a conglomerate aligned with Prime Minister Narendra Modi's vision for a'self-reliant' India.
Under Mukesh Ambani's leadership, Reliance has diversified into energy, retail, and telecommunications, becoming Asia's wealthiest man.
The publication spotlighted Reliance's recent USD 8.5 billion merger with Disney's India business, solidifying its dominance in India's streaming market.
Reliance's innovations have transformed various sectors in India, notably through Jio's affordable mobile data tariffs and Reliance Retail's extensive network across small towns and villages.
Tata Group, founded in 1868, was also listed as a 'Titan'. Despite historical family management, N. Chandrasekaran's tenure as chairman marked a shift towards tech investments, including semiconductor manufacturing and AI.
Noteworthy achievements include assembling iPhones in India and partnering with Nvidia to develop an AI cloud.
Serum Institute, renowned as the world's largest vaccine maker, earned its place on the list under 'Pioneers'. CEO Adar Poonawalla attributed Serum's success to its private ownership, allowing it to maintain low vaccine prices.
The annual TIME100 Most Influential Companies list, now in its fourth edition, aims to showcase companies driving global impact across various sectors.
TIME's annual list reflects companies' impact, innovation, ambition, and success. The diverse selection highlights businesses shaping global trajectories and paving essential paths forward.
Follow us
