11 Indian Firms in Forbes Asia's Fab 50



Titan Industries (37)

Manufacturers of watches, jewelry, precision engineering and Eyewear, Titan Industries Limited have four divisions: watches, jewellery, precision engineering and eyewear. The Company had 311 World of Titan stores as of March 31, 2011. The Company sold its products through departmental stores, such as Central, Shoppers' Stop, Pantaloons, Lifestyle, Westside and Reliance Retail. The Company launched collection of watches, such as Purple by Titan, an offering of fashion watches; Raga Aqua, a new collection whose evocative designs were inspired by the oceans and seas; Tycoon by Titan, a new collection of gold look watches; and new products in the automatic watches range, which cater to premium consumers during the fiscal year ended March 31, 2011. The Company had 120 Tanishq stores, 29 Gold Plus stores, two Zoya stores in jewelry division and 150 exclusive eyewear stores as of March 31, 2011.

Asian Paints (41)

India-based color and Paint Company, Asian Paints Limited along with its subsidiaries operates in 17 countries globally. It has around 23 paint manufacturing facilities servicing consumers in 65 countries through Berger International, SCIB Paints, Apco Coatings and Taubmans. Ancilliaries, automotive, decorative paints, and industrial paints are some products of the company. The Company produced 474,881 metric tons of paints, enamels and varnishes; 188,880 metric tons of synthetic resins and polymers; 29,796 metric tons of phthalic anhydride; 4,860 metric tons of maleic acid; 5,400 metric tons of pentaerythritol; 3,300 metric tons of sodium formate, and 8,100 metric tons of formaldehyde during the fiscal year ended March 31, 2011,. The Company has manufacturing plants in Maharashtra, Gujarat, Andhra Pradesh, Uttar Pradesh, Tamil Nadu and Haryana.