Rank - 160 : Spanco

One reason for the growth could be attributed to Spanco disposing off two of
its subsidiariesSpanco International Singapore and Spanco Respondez Services.
While keeping low on the BPO front, Spanco stepped on the gas on the
e-governance front. Result: a Rs 284 crore order from Punjab State Electricity
Board. Spanco also bagged the first State Data Center project in the country in
Orissa worth Rs 30 crore, beating TCS in the process; a second SDC project from
Rajasthan followed later. The ITI-Spanco combo was awarded the Maharashtra SWAN
project too.