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Industry 2.0 presents the 4th annual report on India's TOP 500 Manufacturing
8/28/2006 9:01:05 PM
Companies
· Indian Oil Corporation tops the ranking.
· JBM Auto tops the ranking in TOP 500 SMB Manufacturers.

New Delhi August 28th,: Industry 2.0 India's premier Industry Guide
today announced its Annual Report on Indian Manufacturing Sector & Best in
Class cases in August 2006. This power-packed special issue puts together a
concise analysis of 2.5 Lakh manufacturing companies across 22 sectors and
provides a one-of-its-kind ranking of the Top 500 manufacturing companies in
India. Taking into Account the importance of SMBs to Indian manufacturing
the issue also presents its first ever ranking of the TOP 500 Small
Manufacturing Businesses.

Indian Oil Corporation topped the ranking on the TOP 500 Manufacturing
Companies. Among the TOP Small and Medium Manufacturers the top rank went to
JBM Auto.

Mr. Maulik Jasubhai, Managing Director and Publisher, Jasubhai Digital Media
Pvt. Ltd said. " The manufacturing sector accounts for 90 percent of the
overall industrial growth in the country today. As Industry 2.0 celebrates
its fifth anniversary this year we have compiled the listing of the TOP 500
Manufacturing Companies and SMB's in India and reiterate Jasubhai Group's
commitment to Indian Manufacturing. "

He further stated," Prime Minister Dr.Manmohan Singh in a recent speech
observed that the Indian economy needs massive dose of investments and at
the core of this lies the transformation of the manufacturing sector. We at
Industry 2.0 have been pushing for the transformation of Indian
manufacturing

It was not just market capitalization that was the determinant of the
ranking but other factors such as size, operational efficiency, financial
risk, profitability and growth as the total revenue may also have a part of
revenue generated from other sources non recurring in nature.

India is witnessing a resurgence of manufacturing. Over the past two years
the sector has steadily grown at 9-10 percent. Indian companies are
increasing meeting global standards of quality, cost and productivity.


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