Top 10 Companies in India 2017

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Oil and Natural Gas Corporation is an Indian multinational company dealing in Oil and Natural Gas.

Image: company website

ONGC is also a PSU by the Indian Government, and it was founded in 1956 and is headquartered in Dehradun, Uttarakhand. Mr Dinesh Kumar Sarraf is the current Chairman & Managing Director of the company with a workforce of more than 34000 employees.


The main business ONGC engages is the production of Oil, LPG and natural gas. It also processes crude oil and oil related products. ONGC is also engaged in transportation of Oil, Petrochemicals, power, and LPG.

ONGC has signed agreement with the Govt. of Andhra Pradesh, a southern state, to invest around Rs. 78000 crores in KG Basin by FY 2021-22. ONGC also has launched a start-up fund if Rs.100 crore to encourage new ideas relating to oil and natural gas sector. ONGC’s foreign subsidiary ONGC Videsh Ltd. is in plans to acquire stake in CSJC Vankorneft, which owns Russia’s second-largest oil and gas fields. Some of the awards and achievements of ONGC include improved brand valuation – 7th in India, ICC PSE Excellence Awards, Bhamashah Award for setting up smart Classes and many more.

Revenue in $Bn: 19.9

Profit in $Bn: 2.2

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