“Pune region plays a significant role in the economic activity in the state. Pune provides ample scope for sectors including automotive, auto ancillary, IT & ITeS-BPO and engineering,” said Kaushal Sampat, Chief Operating Officer, Dun and Bradstreet India.

Indian Oil Corporation (OIL) and Oil and Natural Gas Corporation (ONGC) are the all-India leaders in terms of total income and market capitalisation respectively. The criteria for ranking include total income, net profit and net worth. The list includes both listed private sector companies as well as public sector enterprises.

Aggregate total income of all top 500 companies stood at Rs 19,335 billion, having grown by 28.4 per cent over the last financial year.

Non-ferrous metal, construction and retail sectors outperformed in terms of growth.

Almost 51 per cent of the cumulative total income came from four sectors, namely oil-refining and marketing, banks, software and ITeS and automobiles. Total Income of all PSU companies in the top 500 list stood at Rs 8,868 billion - 45.9 per cent of the aggregate total income.