India's 10 Fastest Growing Companies
Bangalore: Lot of companies are emerging up in India and slowly growing with addition of new entrepreneurial ventures. Some make it big, some slug behind. Let’s take a look at the fastest growing companies in India.
Jindal Steel & Power
Jindal Steel and Power Limited (JSPL) is an Indian steel and energy company based in New Delhi, India and a division of Jindal Group conglomerate. Its annual turnover of over US$4 billion, Jindal Steel & Power Limited (JSPL) is a part of about $12 billion diversified O. P. Jindal Group. The company produces steel and power through backward integration from its own captive coal and iron-ore mines. However, in terms of tonnage, it is the third largest steel producer in India. The company manufactures and sells sponge iron, mild steel slabs, ferro chrome, iron ore, mild steel, structural, hot rolled plates and coils and coal based sponge iron plant. The company is also involved in power generation.
Adani Ports and Special Economic Zone Limited (APSEZ) is India’s largest private multi-port operator. APSEZ is a part of the Adani Group, a global integrated infrastructure player. The company (earlier known as Mundra Port & Special Economic Zone Ltd) changed its name to “Adani Ports and Special Economic Zone Limited” effective January 06, 2012. It has its presence in India's largest multi-product special economic zone, at the Mundra port. It is banking on multiplying traffic on India's major ports in the coming years. Adani Port & Special Economic Zone Limited was conferred with the Gateway Awards of Excellence – Ports & Shipping 2012 in the “Private Port of the Year” category.
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