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Tamil Nadu’s Most Valuable Companies in the 2025 Burgundy Private Hurun India 500 Added INR 306 Crore in Value Every Single Day Over the Last Five Years

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 Chennai : Burgundy Private, Axis Bank’s Private Banking Business, and Hurun India, today released the 2025 Burgundy Private Hurun India 500, with the 500 companies in the list collectively valued at $3.4 trillion, reflecting a corporate landscape marked by expanding scale and a widening footprint beyond traditional growth centres. Tamil Nadu continues to strengthen its position within this universe, with companies from the state adding nearly INR 306 crore in value every single day over the past five years, anchored by a diverse base spanning financial services, manufacturing, and healthcare. Now in its fifth edition, the 2025 Burgundy Private Hurun India 500 ranks India‑headquartered companies by market capitalization or enterprise value, excluding state‑owned enterprises and subsidiary entities. To qualify for inclusion in the 2025 list, companies needed a minimum valuation of INR 10,230 crore (US$1.1 billion) as of April 30, 2026. This threshold grew by 7% compared to last year. With an average age of 44 years, the cohort reflects a compelling blend of maturity and momentum within India’s corporate ecosystem. Collectively, these companies are strengthening the country’s economic fabric, employing 8.9 million people, contributing INR 3.23 lakh crore in taxes, and investing INR 13,433 crore in CSR initiatives.

Commenting on the launch, Arnika Dixit, Group Head – Cards, Payments and Wealth Management, Axis Bank, said:  “Burgundy Private is delighted to partner with Hurun India once again as we celebrate India’s 500 most valuable companies. The 2025 Burgundy Private Hurun India 500 report reflects a phase of steady evolution in India’s corporate landscape, where companies are building scale even as they adapt, invest through cycles, and find new ways to stay relevant. What is increasingly evident is how the drivers of value creation are becoming more varied, with momentum extending beyond traditional centres into a wider, more diverse set of businesses and markets. At Axis Bank, we see this shift play out more distinctly in how capital is being deployed and opportunities are being shaped. Through Burgundy Private, we empower our clients to seize transformative investment opportunities, leveraging our ‘One Axis’ ecosystem to deliver tailored wealth management solutions. With our AUM growing to over US$27 billion as of May 2026, a 15% YoY increase, we continue to be a trusted partner for India’s wealthiest families. At the same time, we are seeing new wealth emerge more broadly across growing enterprises, entrepreneurial ecosystems, and markets beyond the largest cities, shaping the next phase of India’s growth. We are well-positioned to serve this evolving landscape, bringing the reach, insight, and capabilities needed to support the ambitions of India’s wealth creators.”

Commenting on the launch, Anas Rahman Junaid, Founder and Chief Researcher, Hurun India said: “The companies from the 2025 Burgundy Private Hurun India 500 make up the ‘backbone’ of India’s private sector, wielding significant economic influence. Between them, they have a cumulative valuation of INR 323 lakh crore (US$3.4Tn), which is higher than the GDP of Canada, and employ 8.9 million people. If you want to understand how the Indian economy is developing, understanding the stories behind the 2025 Burgundy Private Hurun India 500, India’s most valuable companies, is a great place to start.” “Tamil Nadu continues to strengthen its presence in the 2025 Burgundy Private Hurun India 500, with 44 of India’s most valuable companies collectively valued at around INR 14.7 lakh crore, up 61% or INR 5.6 lakh crore since the inception of the list in 2021. Financial Services leads the pack with 13 companies, followed by Automobile & Auto Components with seven, reflecting the state’s dual strength in finance and manufacturing. Total revenue has grown 90% to INR 6 lakh crore, while employment has nearly doubled to 4.5 lakh people, with the average workforce per company declining 13% to reach 11,187. Apollo Hospitals leads women’s employment with 21,798 women employees, followed by Star Health and Allied Insurance. With an average company age of 53 years and a strong mix of established giants and rising enterprises, Tamil Nadu’s industries are driving sustained economic growth, reinforcing the state’s role as a key engine of innovation, investment, and job creation in India.”

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