As many as 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 $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.
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. With 11 cos, India was ranked fourth on the list after South Korea which has 17 firms in the coveted list.
The Indian firms 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 and Vakrangee.