India companies rise on Defense News 100 list
With 2009 sales of just about $2 billion, India’s state-owned Hindustan Aeronautics Ltd, moved up seven ranks to #41 on the Defense News Top 100 list of companies this year.
The other Indian company on the list also moved up, twelve ranks from #74 to #62. State-owned Bharat Electronics Ltd, had 2009 sales of $916 million.
By comparison 44 American companies are ranked on the same list including 5 of the top 6 suppliers.
California-based management consultant Gunjan Bagla runs Amritt, a consulting firm helping American companies to succeed in India. He is author of Business in 21st Century India: How to Profit Today from Tomorrow’s Most Exciting Market (Hachette Book Group, July 2008).
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