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November 28, 2005

ACL is India's fastest growing tech firm: Deloitte
India Infoline, November 28, 2005

ACL Wireless Ltd. has been ranked the fastest growing technology company in the 'Deloitte Technology Fast 50 India 2005'. This is another feather in ACL's cap. It had already been selected amongst the winners of this year's 'Deloitte Technology Fast 500 Asia Pacific 2005'.

The rankings announced on Nov. 24 at the Deloitte Technology Fast 50 India Awards ceremony at the Grand Hyatt in Mumbai, saw some of the top names in the technology, media and telecommunications industry come together to honor the winners.

Speaking on the occasion, Sanjay Goyal, CEO, ACL Wireless said, "We're very pleased to be receiving this recognition from Deloitte. In an intensely competitive market place, this award recognizes the ingenuity, spirit and resilience shown by ACL to be amongst the best technology companies in the world."

"The biggest challenge of managing high growth", he said, "is coping with a constantly changing business landscape where new technologies, new companies and business models are emerging and replacing old ones".

Also key is the challenge, in the Indian context, of retaining key people and finding new talent to grow in the tech space", Goyal added.

Elaborating further, Goyal said, "Being able to identify and bet on the next opportunity in the technology space, building unique proprietary products and evolving a new highly scalable business model are the key reasons for ACL's resounding success."

Some of the well known technology companies in the list include: TCS (34th), Wipro (36th), Infosys (37th), Satyam (48th), MphasiS BFL (44th), i-flex (41st), Patni (27th) and HCL Infosystems (21st).