Pakistan is facing different crisis in the country including political, economic, health and funds but some of the Pakistani companies are growing rapidly.
Five companies from Pakistan had made their name to highly coveted Forbes Asia’s 200 Best under a billion lists. The name of these five companies of Pakistan is as follows:
- Agriauto Industries
- Cherat Packaging
- Ferozsons Laboratories
- Gandhara Industries
- Searle Company
Forbes Asia’s 200 Best Under A Billion list:
- Forbes Magazine is popular in the world and recently launched the list towards Asia Pacific companies that are growing rapidly and generating revenues less than $1 billion.
- The fact is that many people degrade the Pakistan for their economic growth but an inclusion of five companies in world popular magazine shows that nation is progressing.
- Ferozsons company remains impressive for the nation as they are doing great work to manage the space in the list for the second time in the row.
- It is really difficult for the company to lie in the criteria of the Forbes magazine as they have tough criteria towards all the aspects of the company including shares, revenues and profit margin.
Forbes added that this year companies are included from 13 countries and averaged 55 percent growth in sales and magazine made the list by thinking globally.
Forbes added about their methodology that 18,000 candidates from the universe, roughly 875 passed the criteria for growth and profit.
Different Countries Progress In Asia’s 200 Best Under A Billion:
- As compared to India, Pakistan had seven companies on this list last year and India had 11 companies appeared on the list in 2015 but this time only three companies are appearing on the list. This shows that Pakistan is growing rapidly towards the progress when it compares with India.
China also remains nominated on the list with 70 entries in the list, Japan also shows the progress with 38 entries on the list.
