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India charges up the ranks of Asia300 companies

Favorable factors at home provide an edge while Chinese players struggle

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Indian companies are thriving on strong domestic consumption even as other Asian businesses struggle with China's slowdown.   © Reuters

MUMBAI -- It's India's time to shine, according to a Nikkei analysis of some 300 major Asian listed companies outside Japan.

Although Largan Precision, a Taiwanese maker of optical lenses, topped the ranking of performance by companies in the Nikkei Asia300 list, Indian players held 10 of the top 30 spots, outperforming their Chinese and Southeast Asian counterparts.

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