Mukesh Ambani-led Reliance Industries (RIL) bagged the 77th position in the 'top 100 most influential Asian companies ranking for 2014 while Tata Motors and State Bank of India (SBI) were at 79th and 80th places respectively.
The list is being topped by Samsung Electronics followed by Hyundai (second) Toyota (third), Hitachi (fourth) and Sony (fifth).
The ranking is based on indicators including corporate revenue, growth, innovation, research, brand value, global footprint and social responsibility.
These companies span a wide range of industries such as energy, telecommunications, finance, IT products and services, consumer goods and real estate.
As many as 28 companies based in mainland China made it to the list, with PetroChina, Sinopec, China Mobile, and Bank of China among the top 10.
"The global economy has entered a period of fundamental adjustment, with all regions facing distinct challenges and opportunities," according to Roland Berger Strategy Consultants.
"Asian countries have played a leading role in the global economic recovery, and China, Japan, Korea, India, Indonesia and other emerging Asian economies continue to assert themselves as powerful engines of growth. Asia's companies are driving this structural shift," it added.