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India's fastest growing companies
1. INDIA'S 10 FASTEST
GROWING COMPANIES
Lot of companies are emerging up in India
and slowly growing with addition of new
entrepreneurial ventures. Some make it
big, some slug behind. Let’s take a look at the
fastest growing companies in India.
2. 1. Jindal Steel & Power
Jindal Steel and Power Limited
(JSPL) is an Indian steel and energy
company based in New Delhi, India
and a division of Jindal Group
conglomerate. Its annual turnover of
over US$4 billion, Jindal Steel &
Power Limited (JSPL) is a part of
about $12 billion diversified O. P.
Jindal Group. The company
produces steel and power through
backward integration from its own
captive coal and iron-ore mines.
However, in terms of tonnage, it is
the third largest steel producer in
India. The company manufactures
and sells sponge iron, mild steel
slabs, ferro chrome, iron ore, mild
steel, structural, hot rolled plates and
coils and coal based sponge iron
plant. The company is also involved
in power generation.
3. 2. Adani Ports
Adani Ports and Special Economic
Zone Limited (APSEZ) is India’s largest
private multi-port operator. APSEZ is a
part of the Adani Group, a global
integrated infrastructure player. The
company (earlier known as Mundra
Port & Special Economic Zone Ltd)
changed its name to “Adani Ports and
Special Economic Zone Limited”
effective January 06, 2012. It has its
presence in India's largest multi-
product special economic zone, at the
Mundra port. It is banking on
multiplying traffic on India's major ports
in the coming years. Adani Port &
Special Economic Zone Limited was
conferred with the Gateway Awards of
Excellence – Ports & Shipping 2012 in
the “Private Port of the Year” category.
4. 3. Opto Circuits
Opto Circuits Limited is an Indian medical devices
company based in Bangalore. It
designs, manufactures and markets a range of
health monitoring, emergency care, and treatment
and sensing devices. It was established in 1992 in
Bangalore. The company has acquired many
businesses that have significantly improved its
profit margins. Its medical equipment business
brings almost 80 percent of its revenues. It has
aggressive plans to increase its presence in
emerging markets, so it will maintain around 15 to
20 percent growth rate in the coming few years. It
went public in 2000, with a listing on the Bombay
Stock Exchange and the National Stock Exchange.
It acquired German company Eurocor Gmbh in
2006. In 2008, it acquired US-based Criticare
Systems. The company was listed in Asia's Best
under a Billion lists by Forbes magazine in 2011.
5. 4. IRB Infra Developers
IRB Infrastructure Developers is
India's leading highway
construction company
headquartered in Mumbai. It is
part of IRB Group. IRB
Infrastructure, which executed
the country’s first build-operate-
transfer (BOT) road project, is
one of the largest operators of
such ventures. Currently it has
about 3404.40 lane KM
operational and about 2330.4
lane KM under development.
One of most notable projects is
Mumbai Pune Expressway. In
2012, IRB acquired Tamil Nadu
based BOT Road builder MVR
Infrastructure and Tollways for
130 crore.
6. 5. J Kumar Infraprojects
J Kumar is a leading contractor
based in Mumbai. The turnover of
this engineering company is around
2500 crore. It has bagged the
prestigious Navi Mumbai metro
project. The thinning margins on
road construction are putting
pressure on the profitability of this
construction giant. The main focus of
J Kumar Infraprojects Ltd. is the
development of residential and
commercial buildings, airport
runways, bridges, roads, sports
complexes, flyovers, railway
buildings and irrigation projects. J
Kumar Infraprojects Ltd. has been
active in the various regions of
Maharashtra like
Aurangabad, Mumbai, Vidharbha
and Pune.
7. 6. Educomp Solutions
Educomp Solutions was set up in the
year 1994 and has recently become one
of the largest Indian technology based
advanced education companies. The
company provides learning services to
nearly 3.6 million learners and has
centers in countries like Singapore and
U.S. Educomp Solutions gives maximum
weightage to the Information Technology
and worldwide web based education
models. The company indulges in a lot
of projects of private and public
partnerships. Educational
programs, teacher training
programs, implementations in the
infrastructure of education, and
development of content are only some
projects that have been successfully
implemented by Educomp Solutions.
The company also takes part in
educational programs in tie-ups with
NGOs.
8. 7. Godrej Consumer Products
Godrej Consumer Products Limited (GCPL) is an
Indian consumer goods company based in
Mumbai, India. GCPL’s product range includes
soaps, hair colourants, toiletries and liquid
detergents. GCPL has five manufacturing
facilities in India at Malanpur (Madhya
Pradesh), Guwahati (Assam), Baddi- Thana
(Himachal Pradesh), Baddi- Katha (Himachal
Pradesh) and Sikkim. GCPL has an international
presence through the acquisitions of Keyline
Brands Limited (United Kingdom) in
2005, Rapidol in 2006, and Godrej Global Mid
East FZE in 2007 and the joint venture with SCA
Hygiene Products AB, Sweden in 2007. GCPL
acquired 49 percent stake in Godrej Sara Lee
(GSLL), an unlisted joint venture between the
Godrej Group and Sara Lee Corporation USA in
early 2010. Subsequently in May 2010 it entered
into an agreement to acquire the remaining 51
percent stake. It has acquired Megasari, a leading
FMCG player in household care sector in
Indonesia and has agreed to acquire Tura, a
leading personal care player in Nigeria.
9. 8. Titan Industries
Titan Industries is the world's fifth
largest wrist watch manufacturer
and India's leading producer of
watches under the
Titan, Fastrack, Sonata, Nebula, R
AGA, Regalia, Octane & Xylys
brand names. It is a joint venture
between the Tata Group, and the
Tamil Nadu Industrial
Development Corporation
(TIDCO). Its product portfolio
includes watches, accessories and
jewellery, in both contemporary
and traditional designs. It exports
watches to about 32 countries
around the world with
manufacturing facilities in
Hosur, Dehradun, Goa and
manufactures precious jewellery
under the Tanishq brand
name, making it India's only
national jewellery brand.
10. 9. Sun Pharma
The leading pharmaceutical giant has
seen its domestic business growing by an
average of 21 percent between the fiscal
years of 2007 and 2011. It’s also
expanding into U.S. market. Sun Pharma
was listed on the stock exchange in 1994
in an issue oversubscribed 55 times. The
founding family continues to hold a
majority stake in the company. Today Sun
Pharma is the fifth largest and the most
profitable pharmaceutical company in
India as well as the largest
pharmaceutical company by market
capitalization on the Indian exchanges.
The Indian pharmaceutical industry has
become the third largest producer in the
world and is poised to grow into an
industry of $ 20 billion in 2015 from the
current turnover of $ 12 billion.
11. 10. Lupin Pharmaceutical
Lupin is world's largest manufacturer
of the anti-TB drugs based in
Mumbai, Maharashtra, India. The
company production contains the
Cardiovascular (prils and
statins), Diabetology, Asthma, Pediat
rics, CNS, GI, Anti-Infectives and
NSAIDs therapy and world largest
manufacturer of Anti-TB and
Cephalosporins segments. It is also
India' fourth largest drug maker by
revenue. India is the first Asian
country where the company has
launched the new prescription drug
after launching first anti TB drugs in
single tablet.
