Thirty-five Indian companies are included in the top 200 Asia-Pacific corporations in Forbes Asia's Best Under a Billion list for 2011 released on 31 August 2011. The number of Indian companies was second only to the 65 firms from both China and Hong Kong that found a place in the list.
Among the Indian companies that made the grade were SRF which manufactures chemical-based industrial intermediates, Polyplex, which makes polyester film and Glodyne Technoserve, an IT services company.
However, India's largest storage-battery producer, Exide Industries which was present in the list in 2010 grew too big to be included in the 200-company list for 2011 since it breached the USD 1 billion sales mark in the past 12 months.
Pakistan had two companies on the list, namely Millat Tractors, which builds agricultural tractors, and software company Netsol Technologies.
Sri Lanka had four companies on the list - Asian Alliance Insurance, Ceylon Investment, Renuka Holdings and chicken processing company Bairaha Farm.
The Asia-Pacific list ranks public companies in the Asia-Pacific region with annual revenues between USD 5 million and USD 1 billion. The companies are also evaluated in terms of return on equity
.jpg){kind=logo}
Comments
All Comments (0)
Join the conversation