Billionaire Mukesh Ambani’s Reliance Industries has once again emerged as the highest-ranked Indian company on the 2025 Fortune Global 500 list, as per the latest rankings released by the publication.

The oil-to-telecom-and-retail giant secured the 88th position this year, a slight dip from its 86th rank in 2024.

Despite the marginal drop, Reliance has made significant progress over the past four years, climbing 67 spots from its 2021 rank of 155.