Following is the list of Top 10 Indian Companies By Market Value as per Forbes 500, 2011:
| S.No. | Companies | Industry | Market Value (billion $) |
| 1 | Reliance Industries | India Oil and Gas Operations | 69.36 |
| 2 | Oil and Natural Gas Corporation | India Oil and Gas Operations | 51.82 |
| 3 | National Mineral Development Corporation | India Materials | 37.12 |
| 4 | National Thermal Power Corporation | India Utilities | 36.30 |
| 5 | Tata Consultancy Services | India Software and Services | 32.31 |
| 6 | Infosys Technologies | India Software and Services | 32.20 |
| 7 | State Bank of India | India Banking | 27.21 |
| 8 | Bharat Heavy Electricals | India Capital Goods | 25.24 |
| 9 | Bharti Airtel | India Telecommunications Services | 23.00 |
| 10 | Wipro | India Software and Services | 21.53 |
