Bharat Bijlee receives the coveted Forbes Asia's 'Best Under a Billion' Company Award. Bharat Bijlee Limited has posted a return on investment of over 2,000 per cent in the last three financial years, catapulting it to a list of select firms compiled by 'Forbes' magazine.
The company is featured in the latest Forbes 'Asia's 200 Best under a Billion' list and it is only one of 17 companies from India in the list.
The company's Executive Director, Shome Danani, said " the timing of our expansions in the transformer and motor businesses has enabled us to achieve higher growth rates and deliver higher returns. We are extremely pleased that our performance has been recognised internationally."
Mr. Danani said the company was currently working toward building a scalable platform for growth to prepare for the future.