Rank 89: NeST Group

Performance Highlights Revenues fell 29%, even though 94% of overall sales came in the exports space No move to shift geographies–total dependence on the US and Japan CEO: N Jehangir l Start-up Year: 1992 l Products & Services: Networking, Software services, Systems & Peripherals l Branches: 20 l Dealers: 40 l Employees: 1263 l Address: Plot No.2, CSEZ, Kakkanad 682030 l Tel: 422868 l Fax: 423297 l Website: www.nestgroup.co.in

This Kerala-based group saw a significant 29% drop in revenues, though the
company saw steady duarter on quarter growth toward the end of fiscal 2001-02. A
major chunk of the company's turnover–as high as 94%–came from exports of
software, services and hardware. As against other entities that were targeting
the European and other new markets, the company stuck to its traditional
business desinations–the US made up 52.4% of sales, while Japan clocked
47.59%.