Sobha Ltd. has been selected
as a World Economic Forum (WEF) Global Growth Company 2014. An
announcement to this effect was made on November 5, 2014 wherein World Economic
Forum announced its selection of Global Growth Companies (GGCs) in South Asia,
consisting of 17 of the region’s most dynamic and high-growth Indian companies.
GGCs are fast-growing companies with
the potential to become global economic leaders. The nominated GGCs
represent a broad cross-section of industry sectors but share a track record of
exceeding industry standards in growth, innovative business practices and
leadership in corporate citizenship. These companies are considered
trailblazers, shapers and innovators that are committed to improving the state
of the world.
SOBHA is the only
Indian real estate company to be recognized, by the World Economic
Forum and is one among only 3 listed entities out of the 17 companies that have
been honoured. It is interesting to note that there is no self-nomination.
Candidates are evaluated by the Forum and a selection committee composed of
regional business experts. They are evaluated on the criteria of Growth,
Impact, Leadership and Global Corporate Citizenship.
The entire list of selected companies can be accessed by clicking on the
link: http://www3.weforum.org/docs/WEF_GGC_WinnersSouthAsia_List_2014.pdf
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