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Top 10 Indian Companies In Forbes List Of ‘Asia’s 200 Best Under A Billion 2020’

| Published on October 19, 2020

In its recent report, Forbes has released the list of ‘Asia’s 200 Best Under A Billion’ companies in 2020. Out of the 200 companies in Asia, there are 19 Indian companies that made the Forbes list across sectors.

We bring you the names of the top 10 Indian companies in the list ranked in terms of their market cap according to Forbes.

1. WNS Global Services

WNS Global Services is a global business process management company founded by Alan Stephen Dunning, David Charles Tibble and Neeraj Bhargava in 2002 and is headquartered in Mumbai, India.

It is a global business process management company. It offers comprehensive data, voice, analytical and business transformation services with a blended onshore, nearshore and offshore delivery model.

Market Cap: $2.8B

2. Hexaware Technologies

Hexaware Technologies is a holding company that was founded by Atul Kantilal Nishar and Alka Atul Nishar in 1990 and is headquartered in Mumbai. The company engages in information technology, business process outsourcing and consulting.

Market Cap: $1.3B

3. Navin Flourine International

Navin Flourine International Ltd. was founded by Arvind N. Mafatlal in 1967 and is headquartered in Mumbai, India. The company manufactures and sells fluorochemicals.

Market Cap: $1.1B

4. Deepak Nitrite

Deepak Nitrite Ltd. is a company that engages in the manufacture and sale of chemicals. The company was founded by Chimanlal Khimchand Mehta in 1970 and is headquartered in Vadodara, India.

Market Cap: $958M

5. Kaveri Seed

Kaveri Seed was founded by Venkata Bhaskar Rao Gundavaram and Vanaja Devi Gundavaramin in 1976 and is headquartered in Secunderabad, India. The company engages in the production, processing and distribution of seeds. Its products include field crops and vegetables.

Market Cap: $476M

6. IOL Chemicals and Pharmaceuticals Ltd.

forbes 2020

IOL Chemicals and Pharmaceuticals was founded in 1986 and is headquartered in Ludhiana. The company engages in the manufacture of organic and inorganic chemical compounds.

Market Cap: $419M

7. Poly Medicure

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Founded by Jugal Kishore Baid in 1995, Poly Medicure engages in the provision and sales of medical devices.

Market Cap: $359M

8. Just Dial


Just Dial was founded by V. S. S. Mani, V. Krishnan and Ramani Iyer in 1993. The company provides local search-related services to users in India through various platforms, including online and mobile applications.

Market Cap: $326M

9. H.G. Infra Engineering

indian companies leading

H.G. Infra Engineering is a construction company whose project portfolio includes Yamuna Expressway, Chandrapur, Agra, Faizabad and Chittorgarh.

Market Cap: $174M>

10. Dolat Investments

forbes best indian companies

Dolat Investments engages in the business of trading in commodities, shares, securities and other financial intermediation.

Market Cap: $113M

Also Read: Top 10 Highest Valued India Startups In Hurun Global Unicorn List 2020


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