According to a new Telstra Global survey released, 63 per cent of Indian companies have successfully achieved both their financial and strategic objectives during that time. More than half of local companies operating in the highly competitive Asia region are experiencing growth – and have achieved financial success over the last three years.
The outlook for the future is also strong with 50 per cent of Indian companies expecting to exceed their business targets in the next three years. This comes as a fifth of businesses in the region were very successful in achieving business targets over the last three years.
Telstra Global Managing Director, Martijn Blanken said, “Multinationals from around the world are meeting and exceeding their strategic and financial objectives in Asia. As a company with a long track record of operating successfully throughout Asia, we launched Connecting Countries research to quantify the business sentiments of multinationals operating in the region, and to ascertain the attributes and success factors for companies that are excelling in the region.”
The research identifies a superior category of top performing companies in Asia, termed Asia Business Champions in the report, and categorized as such based on having far exceeded their financial and strategic objectives in the last three years, and their expectation to succeed again in the coming three years. Asia Business Champions comprise top 5 per cent of overall companies in Asia.
