As India and the rest of the world reels under the economic effects of the lockdown, the list of 500 High-Growth Companies Asia-Pacific by the Financial Times comes as the much-needed silver lining for the Asia Pacific region.
According to the report, about 140 Indian companies will assist in the revival of the Indian economy. Topping the charts is the technology sector, with almost a quarter of all the companies listed marks the biggest presence in the ratings, followed by industrial goods and health.
For India, some of the key sectors that will play a critical role in driving growth in 2020 include Construction, Financial Services, Transport, Aerospace & Defence, Industrial Goods, Technology, e-commerce, Pharmaceuticals, Fashion & Beauty, Telecom and Automobiles.
Catering to India’s housing demand, SOBHA is the only Indian real estate company to make it to this prestigious list of growth drivers for the APAC region among other construction companies listed. The evaluation was based on companies having: revenue of at least $100,000 generated in 2015; revenue of at least $1m generated in 2018; being independent; headquartered in one of 11 territories in Asia-Pacific (Japan, South Korea, India, Australia, Hong Kong, Taiwan, Singapore, New Zealand, Malaysia, Indonesia and the Philippines) and whose revenue growth between 2015 and 2018 was primarily organic.
This list of Financial Times is compiled in association with Statista, a research firm that ranks entrants from across the Asia-Pacific based on Compound Annual Growth Rate (CAGR) in revenue between a three-year period (2015-2018). The ranking was created through a complex procedure. Through deep research in company databases and other public sources, Statista had identified tens of thousands of companies in the Asia-Pacific region as potential entities for the ranking.
Speaking on the occasion, J.C. Sharma, Vice Chairman and Managing Director, SOBHA Limited said, “This FT ranking of top 500 high-growth companies in the APAC region comes at a time when most industries are facing an economic slowdown, more so, due to this pandemic. This will certainly help in boosting the morale of the business community. Being recognised as the only Indian real estate company in the APAC region by an esteemed publication like Financial Times, is a matter of immense pride for us. Our philosophy of ‘passion at work’ is a testimony to our years of hard work and commitment. We would like to thank our stakeholders who have contributed and believed in our vision collectively.”
SOBHA’s superior execution capability is its core strength. As on 31st December 2019, SOBHA has delivered 106.80 million square feet of developable area. The company has a real estate presence in 10 cities – Bengaluru, Gurugram, Chennai, Pune, Coimbatore, Thrissur, Kozhikode, Kochi, Gujarat (Gift City) and Mysore.
Overall, SOBHA has a footprint in 27 cities and 14 states across India, including its Contractual business. SOBHA, with its unique backward-integrated model, proven track record and strong brand recall, has become India’s most admired and trusted real estate brand.
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