It’s natural to look for one’s favorite company in any global achievers’ list. It’s heartbreaking if the famous names go missing. That’s what has happened to Boston Consulting Group’s Global Challengers list of 100 companies in 2013. Only 50 companies that were there in its first listing in 2006 continue to find their names in 2013. There were 44 Chinese companies 2006 but this number has dropped to 36 now.

Janmejaya Sinha, chairman, Asia-Pacific, Boston Consulting Group said at a panel in Nasscom Leadership Summit in Mumbai 2013, “This stunning statistic will scare us but will also keep us honest.” The 2013 BCG global challengers are 100 companies with over a billion dollar in revenue from rapidly developing economies (RDEs) that are both growing and globalizing quickly. The 2013 BCG global challengers are from 17 countries, seven more than in 2006.

As in previous years, China and India boast the highest numbers, with 30 and 20 global challengers, respectively. Brazil is next with 13, followed by Mexico, with seven, and Russia, with six. South Africa increased its number of challengers from three in 2011 to five in 2013. Malaysia, with two, and Turkey, with three, increased their number by one each. The BRIC nations (Brazil, Russia, India, China), once home to 84 challengers, are now down to 69. Many markets beyond the BRICs are now producing global challengers as well. To read full report log on to https://www.bcgperspectives.com

New BCG Challengers

Among the most interesting challengers are the 26 newcomers to the 2013 list three of them are Indian. Godrej Consumer Products (India) is a consumer goods company with leading home-care, personal-wash, and hair-care products. Its 2011 revenues reached $1 billion. Godrej has focused its acquisitions on emerging markets. Recent acquisitions include Megasari Makmur Group in Indonesia, Darling Group in Senegal, and Issue Group and Argencos in Argentina.

India’s Sun Pharmaceutical Industries is a global pharmaceutical company with a strong presence in the U.S. generic markets. Its 2011 revenues reached $1.7 billion, 62 percent of which were generated overseas. It has achieved an average annual TSR over 100 percent for the past three years and has the largest market capitalization in the Indian pharmaceutical sector.

Motherson Sumi Systems is one of the leading manufacturers of auto mirrors and other components, with 2011 revenues of $3.1 billion, 70 percent of which originate overseas. The challenger is a joint venture between Samvardhana Motherson Group of India and Sumitomo Wiring Systems of Japan. Unlike other Indian companies, Motherson Sumi has not slowed its pace of acquisitions. In 2011, Motherson Sumi acquired 80 percent of Peguform, the second largest supplier of vehicle door panels in Germany.