2 Pakistani Firms included in Forbes Asia’s Best Under a Billion 2020 List

Best Under a Billion 2020 List

Forbes list of Asian countries with sales just less than $1 billion includes two Pakistani companies i.e.System Limited Pakistan and Feroze1888 Mills Ltd.


Forbes for its yearly list recognizes200 best performing small and medium-sized companies of the Asia-Pacific region. In the new list just released by Forbes an Information Technology company called Systems Limited and Pakistan’s largest textile company, Feroze1888 Mills Ltd. are included.

Abdul Razak Dawood, a commerce adviser on seeing their success congratulated the companies on entering the popular list.

Pakistani firms were highly praised by Abdul Razzak and he reaffirmed his commitment and belief in “the entrepreneurship of our people”. He also expressed his confidence that the success of these companies would “give others the impetus to achieve the same goals.”

Founded in 1977, Systems Limited according to a statement on the website, the company has the distinction of being Pakistan’s first software technology company. Its CEO Asif Peer in a statement said the company’s success was “a time of pride for the whole team.”

He further added that his interest is that we would like to be no less than ‘billions of dollars’, but be a multi-billion dollar company coming out of Pakistan soon, and he trusts his employees, managers, and the leadership that they will soon have a multi-billion dollar success.

On the other hand,  Feroze1888 Mills Ltd, a local company of textile began operating in the 1970s. It is also a manufacturer and exporter of specialty products to fiber and terry products not only in Pakistan but worldwide.