5 Indian Firms Among 50 Most Innovative Companies
Bangalore: Some companies keep adding new inventions and innovations on their product list. There are companies who have slow pace of innovations whereas there are others who are desperately trying to make a change or make a difference. These companies are ranked on the basis of the average sales growth percentage in 5 years, net income growth percentage, and enterprise value and innovation premium. Listed below are 5 Indian firms that into the list of World’s 50 most innovative companies. Have a look!
Larsen & Toubro
Global Rank: 9th
Indian Major Larsen & Toubro ranked 9th world wide. Headquartered in Mumbai, the company has business interests in technology, engineering, construction and manufacturing goods. It operates in three divisions: Electrical & Electronics segment, Machinery & Industrial Products, Engineering & Construction Segment and others. In 2010 the company was recognized as the Company of the Year and it is also considered as the "bellwether of India's capital goods sector". The company has been listed in Forbes Fab 50 list for four times as one of the best public companies in the Asia-Pacific region.
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