- Seventeen fastest-growing Indian companies have been invited to join the World Economic Forum Global Growth Companies community
- Companies are nominated on the strength of their ability to become future global leaders and represent a broad spectrum of sectors, including banking, retail, information technology, chemicals and energy
- The Global Growth Companies community comprises over 370 companies around the world
- New honourees will receive the awards at the India Economic Summit: http://wef.ch/q15op
New Delhi, India, 5 November 2014 – The World Economic Forum today 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.
Together with Social Entrepreneurs, Technology Pioneers, Young Global Leaders, Global Shapers and Young Scientists, GGCs make up the New Champions, a World Economic Forum community of pioneers, disruptors and innovators. Nomination as a GGC provides companies with an opportunity to join the larger GGC community of over 370 companies worldwide. These companies contribute to the Forum’s meetings, projects and knowledge products, which in turn support them on their path to achieving responsible and sustainable growth.
Individuals with a strong understanding of companies that might qualify as a Global Growth Company are invited to submit nominations or encourage companies to nominate themselves for the 2015 selection process.
New honourees will receive the GGC awards at the India Economic Summit which take place in New Delhi on 4-6 November 2014. Under the theme “Redefining Public-Private Cooperation for a New Beginning”, the Summit will bring together high-level leaders from government, civil society and business for issue-based interaction that takes stock of promises made in the election manifesto and explores how to collectively shape policies for inclusive growth.
The World Economic Forum is an international institution committed to improving the state of the world through public-private cooperation in the spirit of global citizenship. It engages with business, political, academic and other leaders of society to shape global, regional and industry agendas.
Incorporated as a not-for-profit foundation in 1971 and headquartered in Geneva, Switzerland, the Forum is independent, impartial and not tied to any interests. It cooperates closely with all leading international organizations (www.weforum.org).