But told through stories, successful companies come alive as ones that do things differently, take enormous risks and pulsate with sheer energy. Those who lead them are often mavericks who display courage and daring, unabashed ambition and a hardiness that comes with experience. Importantly, they’re able to rally people about a vision and execute it.
Forbes India’s annual collection of such companies—the Hidden Gems—is out. True to our theme, these are businesses you may not recognise, primarily because they’re unlisted. Furthermore, they have revenues of at least ₹200 crore, operational profits and private equity backing (where available we used FY19 data, else we used FY18 figures).
Then there’s Gangavaram Port in Vishakhapatnam that, at 21 metres, is India’s deepest all-weather port. Proximity to the hinterland, better infrastructure and efficient management have helped the DVS Raju-controlled port attract significant investor interest. An organic food maker, a wire and cable manufacturer, and a solar power company are also featured. Besides, if we are to have an Indian-made cardiac stent command the global market, Surat-based Sahajanand Medical Technologies will be the reason why.
First Published: Aug 16, 2019, 12:19
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