11 Indian companies in Forbes Fab 50 list

China and India dominate the Forbes 2012 list of 50 best publicly traded companies in Asia-Pacific.

China tops the list with 23 companies in the list. A slowing economy has seen the best companies emerge successful, Forbes said. 15 companies are new in the list this year.

India is ranked second with 11 Indian companies in Forbes 2012 list, up from up from seven last year. The companies were selected from a pool of 1,295 companies that had at least $3 billion in annual revenue or market cap.

Click NEXT to see the 11 Indian companies in the Asia Fab 50 list...

1. Tata Consultancy Services
(Rank 4)

Tata Consultancy Services is an IT services, business solutions and outsourcing organisation with over 238,583 IT consultants in 42 countries.  The company was founded in 1968. 

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2. ITC
(Rank 5)

ITC is an Indian public conglomerate company headquartered in Kolkata, West Bengal.

Founded in 1910 as the Imperial Tobacco Company of India, today its diversified business includes Fast Moving Consumer Goods (FMCG), Hotels, Paperboards, Paper & Packaging and Agri Business.

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3. HDFC Bank
(Rank 6)

Incorporated in August 1994, HDFC Bank is the fifth largest bank in India by assets. HDFC Bank has 1,986 branches and over 5,471 ATMs, in 996 cities in India.

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4. Bharti Airtel
(Rank 9)

Founded in 1995, Bharti Airtel is a leading integrated telecommunications company with operations in 20 countries across Asia and Africa.

Headquartered in New Delhi, India, the company ranks amongst the top 5 mobile service providers globally in terms of subscribers.

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5. Tata Motors
(Rank 16)

Founded in 1945, Tata Motors is the world's eighteenth-largest motor vehicle manufacturing company, fourth-largest truck manufacturer and second-largest bus manufacturer by volume.

Tata Motors has produced and sold over 6.5 million vehicles in India since 1954.

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6. Sun Pharmaceutical Industries
(Rank 18)

Sun Pharmaceutical Industries based in Mumbai, manufactures and sells pharmaceutical formulations and active pharmaceutical ingredients (APIs) primarily in India and the United States.

Sun Pharma was established by Dilip Shanghvi in 1983 in Kolkata.

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7. Bajaj Auto
(Rank 27)

Bajaj Auto founded by Jamnalal Bajaj at Rajasthan in the 1930s is based in Pune, Maharashtra, with plants in Chakan (Pune), Waluj (near Aurangabad) and Pantnagar in Uttaranchal.

Bajaj Auto manufactures automobiles, scooters, motorcycles and the auto rickshaws. Bajaj Auto is the world's third-largest manufacturer of motorcycles.

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8. Kotak Mahindra Bank
(Rank 29)

Kotak Mahindra Bank is an Indian financial service firm established in 1985.  It was previously known as Kotak Mahindra Finance Limited, a non-banking financial company.

In February 2003, Kotak Mahindra Finance Ltd, the group's flagship company was given the license to carry on banking business by the Reserve Bank of India (RBI).

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9. HCL Technologies
(Rank 33)

HCL Technologies offers a range of outsourcing services, business process outsourcing and infrastructure services.

Founded in 1991, HCL Technologies is fourth largest IT company in India and is ranked 48 in the global list of IT services providers.

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10. Titan Industries
(Rank 37)

Titan Industries is the world's fifth largest wrist watch manufacturer and India's leading producer of watches under the Titan, Fastrack, Sonata, Nebula, RAGA, Regalia, Octane and Xylys brand names.

Founded in 1987, it is a joint venture between the Tata Group, and the Tamil Nadu Industrial Development Corporation (TIDCO).

Its product portfolio includes watches, accessories and jewellery, in both contemporary and traditional designs.

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11. Asian Paints
(Rank 41)

Founded in 1942, Asian Paints is headquartered in Mumbai.  It manufactures a wide range of paints for decorative and industrial use. Asian Paints is India's largest and Asia's third largest paint company.