A total of 11 Indian companies including Avanti Feeds Ltd and Borosil Glass Works are ranked among top 200 Asia Pacific corporations in Forbes Asia’s ‘Best Under A Billion’ list. The list covers public companies with annual revenue of USD 5 million to USD 1 billion. Companies from mainland China & Hong Kong (84) as well as Taiwan (36) dominated this year’s list accounting for 60 percent of the top 200 publicly-traded companies in the Asia Pacific region.
With 11 companies, India was ranked fourth on the list after South Korea which has 17 firms in the coveted list. The Indian companies that made it to the list include
- Byke Hospitality
- Caplin Point Laboratories
- Centum Electronics
- Kaveri Seed
- Kitex Garments
- NGL Fine-Chem
- Orbit Exports
- Premco Global
- Vakrangee.
India and Malaysia both have 11 companies on the list while Australia has nine firms. This year, Japan dropped out of the top five countries, with only eight companies compared to 15 last year. Singapore and Thailand were represented by six companies each, while Pakistan had by 2 companies.
