From 1 in 1990 to 4 in 2000 and to 7 and yes they have grown in rankings as well.
| INDIA'S TOP 20 COMPANIES BY MARKET CAPITALISATION | ||
| 1990 | 2000 | 2010 |
| Tata Steel | Wipro | Reliance Industries |
| ITC | Hindustan Unilever | ONGC |
| Tata Motors | Infosys Technologies | TCS |
| Century Textiles | Reliance | Coal India |
| Hindustan Unilever | ITC | Infosys Technologies |
| Mafatlal | O N G C | SBI |
| Reliance Industries | HCL Technologies | NTPC |
| Grasim | Pentamedia Graphics | Bharti Airtel |
| G S F C | Zee Entertainment | ITC |
| ACC | M T N L | ICICI Bank |
| SIV Industries | I O C L | Larsen & Toubro |
| Colgate-Palmolive | St Bk of India | Wipro |
| Hindalco | H F C L | MMTC |
| Bajaj Holdings | Satyam Computer | BHEL |
| Saurashtra Cement | Tata Communications | NMDC |
| Uniphos Enterprises | Ranbaxy Labs. | HDFC Bank |
| Bombay Dyeing | H D F C | HDFC |
| JCT | Cipla | Indian Oil Corp |
| Larsen & Toubro | NIIT | Tata Motors |
| Nestle India | Nirma | SAIL |
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