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India beats China in Forbes Asia’s "Best Under A Billion" list

India beats China in Forbes Asia’s "Best Under A Billion" list

On Aug 9, Forbes Asia published its 2022 edition of ‘Best Under a Billion’ businesses in the Asia-Pacific region.

The list highlights 200 of the highest achieving publicly listed companies with annual revenue under $1 billion.

This year, 24 Indian firms made the list- landing India the 4th spot behind Taiwan, Japan, and South Korea, but ahead of China.  

Compiled from a long list of over 20,000 businesses, this list features such Indian brands as the apparel maker Dollar Industries, and the chemical manufacturer Aarti Industries Limited, to name a few.

Aside from distinguishing companies with consistent growth over recent years, this year’s list also brings to light the shift in consumer habits over the past year.

Companies operating in non-healthcare areas such as fashion, supermarkets, restaurants, consumer electronics and entertainment dominate the list.

Getting featured on a Forbes Asia list is no easy feat. It takes years of perseverance, consistent effort, and resilience on the part of a business.

But one small accident, such an unexpected flood, or a sudden fire, can wipe out the entire enterprise.

And this is where Business Insurance can help!

Insurance can give companies a financial safety net that ensures their continued survival in the face of unforeseen events that may otherwise hinder operations.

From property damage to expensive lawsuits, Business Insurance can provide financial protection against every possible contingency.

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Further Reading

What are the benefits of Business Insurance?