Brigade receives the Forbes' award for
"200 Best Under a Billion"
Brigade Enterprises has made it to this year’s Forbes “200 Best Under A Billion” list for the Asia-Pacific region. This prestigious list selects 200 of Asia-Pacific’s best small and medium sized companies with sales under $ 1 billion. Of the 15,000 companies listed this year, 200 were selected for the “Best Under A Billion” list. Brigade is one of 22 Indian companies selected, contributing to India’s 4th rank. Brigade is the only real estate company from India (the only Bangalore company in any field) to find a place in the Forbes list.
Totally, 15,000 companies from the Asia-Pacific region were studied for their growth in sales, profitability, soundness of financials, and the strength to survive and thrive in present times
CMD M.R. Jaishankar received the award on 3 December at a ceremony in Singapore. (l to r) Albert Teo, CEO, Amara Holdings; Christopher Forbes, Vice-Chairman, Forbes; Mike Barclay, CEO, Sentosa Dev. Corp.
In the words of Forbes magazine, "Judging from its performance relative to the regional benchmark, our list has historically been a good place for investors to get ideas about Asian investments. That could prove particularly true this year. Members of our 2008 list have proven themselves capable of navigating stormy economies thus far—a good sign should global growth continue to sag."
The study covered the entire Asia-Pacific region. Apart from India, it included: Japan, Australia, New Zealand, Taiwan, Philippines, Indonesia, Thailand, Malaysia, Hong Kong, Singapore, China and other South Asian countries.
Brigade Group's CMD M R Jaishankar among the awardees (front row, 6th from right).