No, Reliance Retail Venture Limited is not a fortune 500 company. However, the parent company of Reliance Retail Venture Limited , Reliance Industries Limited (RIL) is in fortune’s global 500 list. RIL has been in the list for the last 19 years which is much longer than any other private sector companies in India. It ranked 104th position in latest fortune’s global 500 list for the financial year ended March 2022. It improved 51 notches to stand at 104th rank from 155th position in 2021.
Fortune 500 is an annual list compiled and published by Fortune magazine worldwide, and revenue is used to prepare company rankings. India has nine Fortune Global 500 companies, five of which are public and four of which are private. Reliance Retail Private Limited is an emerging company and it is expected that if the company grows at the same rate as today, it will definitely register its name in fortune’s global 500 list.