The three Indian companies Gitanjali Gems, Titan and PC Jeweller have been named in the list of top 50 luxury companies. In the list it was topped by Louis Vuitton. Gitanjali Gems Ltd was placed in the 30th rank, followed by Titan Company (31st) and PC Jeweller (44th) in the fourth annual Global Powers of Luxury Goods report. The average luxury goods annual sales for a top 100 company stood at USD 2.1 billion.