LIC is the Top-Ranked Indian Firm on the Fortune Global 500 List

On August 3rd, 2022, FORTUNE released the Fortune Global 500 list for 2022 to rank the world’s largest corporations by revenue for fiscal 2021.  as per the list, Walmart has received the top spot 9th consecutive year and overall 17th time since 1995.

  • Life Insurance Corporation (LIC) has been ranked in the list for the first time.
  • LIC has been ranked at 98th position with revenue of $97.26 billion and a profit of USD 553.8 million.

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