Meet India’s top 10 wealth creators: RIL takes the crown for 6th time; TCS, Infosys follow – CNBC TV18
1 / 11For the sixth consecutive time, Reliance Industries leads India’s wealth creation charts, accounting for 8.1% of total wealth created over 2019–24. This also marks Reliance’s 11th top position in the last 17 studies. IT heavyweights TCS and Infosys continue their consistent performance, while giants like Bharti Airtel, ICICI Bank, and State Bank of India also made significant contributions to the nation’s wealth
2 / 111. With ₹11,178 billion in wealth created, Reliance Industries has solidified its spot as the No.1 wealth creator for the sixth straight time. Its strong 20% price CAGR underscores its market dominance.
3 / 112. TCS continues its reliable run, creating ₹8,312 billion in wealth over five years. The IT giant clocked a steady 16% price CAGR with unmatched consistency in delivering value.
4 / 113. Bharti Airtel delivered a stellar performance with a 33% price CAGR, creating ₹5,449 billion in wealth. Its focus on telecom innovation ensured its top-three position.
5 / 114. At the fourth spot, ICICI Bank ranked among the top wealth creators with ₹5,109 billion, growing at 23% CAGR. Its sharp profit growth (60%) stands out in the financial sector.
6 / 115. State Bank of India (SBI) led public sector performance, creating ₹4,176 billion in wealth with an impressive 30% price CAGR. Its steady RoE of 11% reflects improved profitability.
7 / 116. Infosys contributed ₹3,893 billion in wealth, growing 17% annually. Its high RoE of 72% showcases its excellence in earnings delivery over the last five years.
8 / 117. Larsen & Toubro (L&T) added ₹3,530 billion to wealth creation with a 23% CAGR. Its diversified business model remains a key factor in its consistent growth.
9 / 118. Adani Enterprises created ₹3,408 billion in wealth, clocking an astounding 85% PAT CAGR. Its focus on high-growth sectors propelled it to the top 10.
10 / 119. Tata Motors added ₹3,164 billion in wealth, recovering strongly with a 42% price CAGR as its EV and global strategies paid off.
11 / 1110. HCL Tech created ₹3,150 billion in wealth, delivering a steady 26% price CAGR. Its RoE of 24% underlines its financial discipline and IT innovation.
