MIC Electronics Limited has made it to this year's Forbes "200 Best Under A Billion" list for the Asia-Pacific region. This prestigious list selects 200 of Asia-Pacific's best small and medium sized companies with sales under $ one billion. Of the 24,155 companies listed this year, 200 were selected for the "Best Under A Billion" list. MIC Electronics Limited is one of 22 Indian companies selected, contributing to India's 4th rank. MIC Electronics Limited is the only company in India to have complete facilities for research, design, development, production & post sales support of LED Video Display Boards to find a place in the Forbes list.

Managing Director of MIC Electronics Limited Dr.M.V.Ramana Rao
received FORBES award on 3rd Dec-2008 at a ceremony in Singapore
Left to Right:
Mr. Albert Teo, CEO, Amara Holidngs, Mr. Christopher Forbes, Vice Chairman, Forbes,
MD of MIC Dr.M.V.Ramana Rao , Mr. Mike Barclay, CEO, Sentosa Dev. Corp

MIC focuses its operations mainly into providing end-to-end solutions for all LED Video Display and LED Lighting products, solutions & services for domestic and international market. Totally, 24,155 companies from the Asia-Pacific region were studied for their growth in sales, profitability, soundness of financials and the strength to survive and thrive in present times. In the words of Forbes magazine, "Judging from its performance relative to the regional benchmark, our list has historically been a good place for investors to get ideas about Asian investments. That could prove particularly true this year. Members of our 2008 list have proven themselves capable of navigating stormy economies thus far-a good sign should global growth continue to sag." The study covered the entire Asia-Pacific region. Apart from India, it included: Japan, Australia, New Zealand, Taiwan, Philippines, Indonesia, Thailand, Malaysia, Hong Kong, Singapore, China and other South Asian countries.