You won’t believe if I tell you, the number of times I have seen senior executives getting stumbled on this question during board meetings.

This particularly happens when you work for a US or European MNC as they always talk in Millions or Billions of dollars.

I acknowledge that it has also bothered me in the beginning.

So, I quickly made my formula, which I am going to share below:

1 Million = 10 Lakhs = 1 followed by 6 Zeros = 1,000,000

10 Million = 1 Crore = 100 Lakhs

100 Million = 10 crore = 1000 Lakhs

1000 Million = 100 Crore = 1 Billion = 10000 Lakhs

1 Billion = 100 Crore = 1 Followed by 9 Zeros = 1,000,000,000

Great, so I hope that you have noticed:

1 Million has two blocks of Three Zeros : 1(000)(000)

1 Billion has three blocks of Three Zeros : 1(000)(000)(000)

1 Trillion has 4 blocks of Three Zeros: 1(000)(000)(000)(000)

Now if you are converting Crore to Millions this is how you should go about.

1 Crore is 10 Million (5 Crore is 50 Million; 12 Crore is 120 Million)

10 Crore is 100 Million

100 crore is 1000 Million or 1 Billion

I hope this helps. If you can remember this thumb rule, you will just fine during interaction with an overseas colleague or investor.

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