According to the data released by the World Economic Forum (W.E.F) Indian Railways is the 8th largest employer in the world with 1.4 million employees. It is followed by the Indian armed forces (9th) which employs 1.3 million people. According to the report the U.S. Department of Defense is world’s largest employer with around 3.2 million employees on its roll. It is followed by People’s Liberation Army (the Chinese military) with 2.3 million. America's retail giant Walmart (2.1 million) is on the 3rd place.