Growth single handedly is the biggest contributor to societal change. Growth drives improvement in the conditions of people living in society. It betters the economy of a nation. It drives people to work harder and be useful for themselves and for the society they live in, for when we grow, we make others grow.
This edition of
BW Businessworld celebrates growth. We celebrate the fastest growing companies in India — companies that have made a mark by growing constantly and achieving milestones for themselves and for the people dependent on them. We identified these companies through a rigorous process. Our in-house number crunchers analysed data sourced from Ace Equity to determine growth in revenue and profit of companies that had, simply by virtue of their growth trajectories, made it big — and continue to grow bigger and bigger day by day.
The ranking of the companies is based on their compound annual growth rate (CAGR) in revenue and net profit over the last four years. As our readers will notice, the rankings of BW’s fastest growing companies is the most definitive ranking of companies that have ridden the wave of positive growth over the past five years. The cover package reveals that growth indicators have been consistent among corporate heavyweights (companies with revenues above Rs 50,000 crore) and middleweights (companies with revenues that range between Rs 5,000 crore and Rs 9,999 crore). We rank and profile some of these outstanding corporate performers and highlight how they achieved such spectacular levels of growth.
BW Businessworld editor-in-chief, Anurag Batra, offers an insight into the mind of Union minister of state for information and broadcasting, Rajyavardhan Singh Rathore. Amidst sharing his views on the digital media and popularising All India Radio and Doordarshan, Rathore categorically rules out plans to regulate social media and opines that self-regulation was the best remedy. This issue is really a three-in-one package that also contains an exclusive interview with the enigmatic Arnab Goswami. In a chat with deputy editor, Suman K. Jha, Goswami gets candid about his opinion on the media industry and finally, about the much-awaited launch of his own venture, Republic TV. The revelations, including little known aspects of one of India’s more popular television journalists, should make an interesting read.
Senior associate editor, Ashish Sinha, writes of the Kanoria Foundation, which will drive the diversified business portfolio of the Srei Group. He also does an exclusive interview with Srei Infrastructure Finance CMD, Hemant Kanoria. Deputy editor Sutanu Guru, does a deep dive into the growth story of India’s export trade. As day temperatures crawl upwards, senior special correspondent, Monica Behura, takes stock of strategies of big players in the $10 billion fizzy drinks and beverages market.
Companies in another summer-driven industry — air-conditioners, worm their way into the BW Fastest Growing Companies’ list 2017. The companies in this list have played a major role in scripting India’s growth story over the last decade. They have taken risks without fear and have created a benchmark for others to follow. Their stories should motivate all budding companies, startups, organisations out there, striving to make a mark and contribute to the Indian economy. Their growth is worth celebrating — because it is an achievement that does not just benefit them, but the people of India at large.
BW Reporters
The author is the Chairman & Editor-in-Chief of the BW Businessworld Group and the Founder & Editor-in-Chief of the exchange4media Group