Leading Mid-Corporates of India 2023

Leading Mid-Corporates of India 2023 | 1 [ MESSAGE FROM MD’S DESK ] LEADING MID-CORPORATES OF INDIA: THE ROADMAP TO AATMANIRBHAR BHAVISHYA With an estimated GDP growth of 7.2% for FY23, the economy is at an inflection point and the role of Mid-corporates in achieving the nation’s objectives cannot be overstated. The country has over 95 micro-enterprises, 4 small & medium entities and less than one large entity for every 100 entities. Comparatively in the developed nations, this number ranges between 50 to 55 for micro and 40 for small and medium enterprises. This skewed distribution of enterprises leads to vacuum referred by economists as the ‘Missing Middle’. In the unique and dynamic economic landscape of our country, Mid-corporates play a significant role in bridging the gap between small enterprises and large companies. While small companies are confronted with headwinds while scaling up due to limited resources, Mid-corporates with relatively stronger financial strength and operational capabilities are better placed to capitalize on growth opportunities. Moreover,Mid-corporates are better organized, have improved access to credit, stronger digitalisation focus and well-established management & governance structure. This helps them to counter fluctuations in business environment and attract global investments and building partnerships. With continued government support, improved regulations and infrastructure, Mid-corporates are poised to play even more proactive role in shaping India’s economic future. As a long-standing knowledge partner to Indian companies, Dun & Bradstreet has been working closely with mid-sized corporates achieve their growth targets. We have a host of data and analytics- driven products and solutions that help companies to take informed and research backed decisions. The solutions cater to a range of areas including supply chain, finance, sales & marketing, third party risks compliance together with ESG Intelligence solutions and much more. In bid to showcase the critical role played by Mid- corporates and to recognize their contribution to the Indian economy, Dun & Bradstreet is pleased to launch the 4th edition of its premier publication, ‘Leading Mid-Corporates of India 2023’ . The publication lists leading companies with annual standalone turnover between INR 250 – 1,000 crore in FY22 basis D&B’s proprietary methodology. I believe this latest publication fromDun & Bradstreet will serve as an indispensable resource to enhance your business acumen and gain valuable insights to achieve higher growth. I look forward to receiving your valuable feedback and suggestions. Avinash Gupta Managing Director & CEO – India Dun & Bradstreet Dun & Bradstreet