Gurgaon, India (PressExposure) October 26, 2009 -- As many as 20 Indian company names made it to the 2009 Forbes' "Asia's 200 Best Under a Billion" list and two Times Private Treaties' clients- Allied Digital and Micro Technologies featured in it.
Allied Digital (the world class IT Services and Solutions Provider) and Micro Technologies (the Information Technology Innovator), both TPT investee companies, rubbed shoulders with other Indian biggies like AIA Engineering, AurinoPro Solutions, Biocon, Bang Overseas, Birla, Deepak Fertilisers, Divi's Laboratories, Everest Kanto Cylinder, FDC, Geodesic, GSS America Infotech, ICSA, IVRCL Infrastructure, Nitin Fire Protection, Opto Circuits, Parekh Aluminex, Raj Television Network and Selan Exploration Tech who featured as the Top 20 Indian companies on this list.
Featuring for the second time on the Forbes' 'Asia's 200 Best Under a Billion List' Allied Digital, has over 2000 employees spread over 132 locations. The company has built a brand name that can compete with the best in the industry. From being 'just a server maintenance co' to a complete IT services company, the brand now stands for reliability and strivers for innovation in the IT services field in India.
Another Indian company featured on the Forbes Asia's 200 Best Under a Billion List' for consistent growth of sales and profit was Micro Technologies. A leading technology innovator, Micro Technologies have tapped various domestic and international markets and aim to display not just the technological innovation but also product diversity in various segments of vehicle, premises, mobile, other assets and also energy, health segment and rural informatics.
The top 20 Indian companies on the Forbes list have found presence due to an aggressive entrepreneurial streak that is constantly backed by strong and functional infrastructure. From world class offerings in clothing, IT and engineering etc. the Indian brand has made its presence felt globally. These companies have transformed over the years and have shifted gears to churn out consumer focused products that are fast becoming brands to reckon with.
Companies from China and Hong Kong led the prestigious list, while India featured as No. 4. Singled out for constant growth of sales and profit over the last three years, moderate indebtedness and future prospects, all these companies have sales of less than a $ 1billion (Rs. 4,850 crore).
The survey done by Forbes outlined 'consumerism' as the key driving force behind most of the companies in the list, and which also outlined the Asian miracle as been built on the sweat of small and midsize enterprises. Closer home, Times Private Treaties enables small and mid size companies to secure a greater share of mind and consequently market share, thus increasing enterprise value. The unique model of Times Private Treaties is designed to share risk, accelerate growth and augment the brand value proposition.