From Home Furnishing Business
Jaipur Rugs Ranks 2,522 on Inc 5000
Rug supplier Jaipur Rugs climbed up to the 2,522nd spot in the Inc. 5000 rankings this year. Last year, the company’s rank was 3,337.
Each year, the Inc. list features the country’s 5,000 fastest-growing private companies ranked according to percentage revenue growth over a four-year period.
“We consider it a great honor to be a part of the Inc. 5000 rankings for the second year in a row,” said Asha Chaudhary, CEO. “The recognition is a testament to our unique business model, as well as the hard work and dedication of our immensely talented global team. We believe our rise in the rankings this year is directly related to our passion for design and consumers’ growing interest in authenticity and meaning in the products they purchase for their homes.”
Jaipur has posted an increase in growth of 148 percent in the past three years, with $35 million in annual revenue. The company has also add 75 jobs.
“The story of this year’s Inc. 5000 is the story of great leadership. In an incredibly competitive business landscape, it takes something extraordinary to take your company to the top,” said Eric Schurenberg, Inc. president and editor. “You have to remember that the average company on the Inc. 5000 grew nearly six-fold since 2012. Business owners don’t achieve that kind of success by accident.”
This year’s list is featured in the September issue of Inc., which is available on newsstands through Sept. 22. The average company on the list achieved a three-year growth of 490 percent. The aggregate revenue of companies included on the Inc. 5000 list is more than $200 billion, with 647,000 jobs added to the economy.