| India has second-largest number of homegrown companies Dear Friends,
India has the second-largest number of homegrown corporate champions holding their fort against the might of multinational giants, according to a recent Boston Consulting Group (BCG) report.
The country was ranked second behind China among the ten rapidly growing economies in terms of number of such homegrown leaders.
Consultancy firm BCG shortlisted 50 homegrown companies from developing economies such as Brazil, China, India, Indonesia, Malaysia, Mexico, Poland, Russia, Slovakia and Thailand that are leading their domestic markets and fending off fierce competition with innovative business models.
While 15 companies were shortlisted from China, 11 Indian companies made it to the list. The Indian firms include Apollo Hospitals, Bharti Airtel, CavinKare, Gujarat Co-operative Milk Marketing Federation (GCMMF), ICICI Bank, The Indian Hotels Company, ITC, NIIT, SKS Microfinance, Subhiksha and Titan Industries.
Pradeep | 
