It seems to be a great growth for Indian companies in recent years. With 11 Indian companies ranked among top 200 Asia Pacific corporations in Forbes Asia’s ‘Best Under A Billion’ list, India was positioned fourth on the list after South Korea which has 17 companies in the list.
Companies including Avanti Feeds Ltd and Borosil Glass Works are ranked among top 200 Asia Pacific enterprises.
According to Forbes, the list covers public organizations with annual revenue of $5 million to $1 billion. Forbes also said, adding that they ought to additionally have positive net income and should be publicly traded for no less than a year.
Firms from China & Hong Kong (84) and also Taiwan (36) ruled the current year’s list representing 60 per cent of the top 200.
The Indian firms include Byke Hospitality, Caplin Point Laboratories, Centum electronics, Kaveri Seed, Kitex Garments, NGL Fine-Chem, Orbit Exports, Premco Global and Vakrangee are ranked among the top 200 list.
Malaysia has 11 firms on the list while Australia has nine companies. Singapore and Thailand were represented by six firms each, while Pakistan had by two firms.
