11 Indian companies in Forbes Asia’s under a billion list
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2015 seems to be a good year for Indian companies. Their growth has been as wide reached as never before. With 11 Indian companies ranked among top 200 Asia Pacific corporations in The list covers public companies with annual revenue of $5 million to $1 billion, Forbes said, adding that they should also have positive net income and should be publicly traded for at least a year.
The Indian companies that made it to the list include
Of the 200 companies, 123 are new to the list, which underscores the "dynamism of the region's small and medium-sized sector", Forbes said.
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Companies from mainland China & Hong Kong (84) as well as Taiwan (36) dominated this year's list accounting for 60 per cent of the top 200 publicly-traded companies in the Asia Pacific region. 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.
"The secret to making the BUB is consistent growth in the measured performance metrics. One off year and you are out," Forbes Asia Editor
(image credits: dwavesys.com)
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