Thirteen Indian companies among Asia's 100 fastest-growing: BusinessWeek

22 November 2007

Mumbai: Thirteen Indian companies are among a list of Asia''s 100 fastest-growing small and mid-size companies - Asia''s Hot Growth Companies - prepared by US financial magazine BusinessWeek.

Some of the Indian companies also emerge on top in terms of sales and capital returns, the magazine said in its report.

India, with 13 companies, comes in third after Taiwan and Japan, who have been represented by 24 and 18 firms respectively.

India has a higher number of such companies than China, whose presence is limited to just eight firms.

Hong Kong-based Ajisen Holdings ranks at the top, followed by Raffles Education of Singapore.

Hong Kong, too, has 13 such firms while Korea has seven, Malaysia four, Singapore nine and Thailand two. The lone Pakistani firm Packages Limited, a manufacturer of paper products, ranks 84th.