September 2nd, 2010 
Ziaulla Namani
With 39 Indian companies in Forbes ‘Best under A Billion’ Asia list India is placed on the second position.
India is in second place with 39 entries, 19 more than last year, this number makes India the biggest gainer. More Indian companies made the list this year as the country is less open than many other Asian economies, and was therefore, less affected by the global downturn.
From the total of 200 companies, 151 firms are new on the list, compared with 136 last year, while 49 are returnees. Firms in information technology, healthcare and electronics sectors accounted for close to half of the 200 companies on the list.
Of the entire total companies, 71 firms based in China and Hong Kong.
The Indian companies like Jindal Drilling and industries, Emami, Exide Industries, Compact Disc India, Amara Raja Industries, Everonn Education, , ELGI Equipments and ICSA (India) and others made to the list of ‘Best Under A Billion’ Asia List.
The ‘Best Under A Billion’ list is chosen from nearly 13,000 publicly-listed Asia-Pacific companies with actively traded shares and having sales in the range of USD 5 million- USD 1 billion.
The selection of the best 200 companies is based on earnings growth, sales growth, and shareholders’ return on equity in the past 12 months and over three years.
September 2010 issue of Forbes Asia Magazine will carry the “Best under a Billion” list.
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