Top Indian Companies with the Highest Debt Levels (₹ Crore) 1. Reliance Industries - ₹3.70 lakh crore 2. NTPC - ₹2.50 lakh crore 3. Vodafone Idea - ₹2.33 lakh crore 4. Bharti Airtel - ₹2.13 lakh crore 5. ONGC - ₹1.87 lakh crore 6. Grasim Industries - ₹1.86 lakh crore 7. Indian Oil Corporation - ₹1.52 lakh crore 8. Larsen & Toubro - ₹1.32 lakh crore 9. Power Grid Corporation - ₹1.31 lakh crore 10. Mahindra & Mahindra - ₹1.25 lakh crore 11. JSW Steel - ₹99,000 crore 12. Tata Steel - ₹95,000 crore 13. Adani Enterprises - ₹91,800 crore 14. Adani Green Energy - ₹80,000 crore 15. Vedanta - ₹75,000 crore
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