07 November 2014 | News | By BioSpectrum Bureau
World Economic Forum Honours Avesthagen India as a Global Growth Company
The World Economic Forum announced its selection of Global Growth Companies (GGCs) in South Asia. Seventeen of the region's most dynamic and high-growth companies are considered trailblazers, shapers and innovators that are committed to improving the state of the world.
GGCs are fast-growing companies with the potential to become global economic leaders. The nominated GGCs represent a broad cross-section of industry sectors but share a track record of exceeding industry standards in revenue growth, promotion of innovative business practices and demonstration of leadership in corporate citizenship.
The selected companies are: 4G Identity Solutions, ANI Technologies, Avesthagen, Bandhan Financial Services, Centum Electronics, Finolex, Flipkart, Forbes Marshall, InterGlobe Enterprises, Justdial, MakeMyTrip, Nash Industries, Persistent Systems, Radikal Foods, RBL Bank, Sobha, and Transasia Bio-Medicals.
"The World Economic Forum is proud to recognize these 17 champions that are at the forefront of driving responsible economic growth, job creation and entrepreneurism in South Asia. We look forward to the active and dynamic role they will play at our meeting in New Delhi, working with the region's leaders to foster inclusive, sustainable growth in the region," said David Aikman, Managing Director and Head of New Champions at the World Economic Forum.