20. ARM

With a healthy growth of over 116 percent and total business revenue of Rs
377.95 crore, ARM Ltd has once again bounced back to the top league. It is
today, one of the largest private sector telecom equipment manufacturers and
turnkey solution providers to the cellular, fixed, Internet, and satellite
service providers in the country. The reason for its consistent growth lies in
its strong in-house technology team and the expansion of its product range to
cover a broad spectrum of telecom products and accessories. Today, the company
has four manufacturing units, five service units apart from a technology center
in Hyderabad, and an intellectual capital of over 1,000 well-qualified
employees.

In the new emerging scene of core networks being built by the new telcos, ARM
chanced upon a major opportunity and bagged some key orders like: VSNL, Mumbai,
and the Satyam Infoway project. ARM’s positioning as a
"one-stop-shop" for the needs for emerging communication equipment and
related services of the service providers, has augured well for its growth.

While the bulk of its revenues have come from cables (JFT cables accounting
for Rs 137.97 crore and OFC for Rs 90 crore), the supply of transmission
equipment like the microwave radio and optical transmission equipment, brought
it Rs 79.48 crore.