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Five state government-owned companies figure in the list of Fortune India 500 companies in 2011. While Gujarat State Fertilizers& Chemicals (GSFC) tops list of ranking state PSU at 173rd position, the Gujarat State Petroleum Corporation (GSPC) follows at 177thrank.

Gujarat Narmada Valley Fertilizers Company (GNFC), another fertilizer manufacturer owned by the state government was ranked 260, which was topped by Indian Oil Corporation.

Gujarat Alkalies & Chemicals Limited (GACL) was ranked at 461 in the list, while Gujarat Mineral Development Corporation was ranked at 462. The Gujarat Co-operative Milk Marketing Federation, which sells milk and milk products under the brand name Amul, was ranked 84 in the list. Adani Enterprises was ranked 54, Adani Power 334 and Adani Port & SEZ ranked 341.