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5 Indian Firms Among 50 Most Innovative Companies

By SiliconIndia   |   Monday, 12 November 2012, 12:58 Hrs   |    4 Comments
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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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Reader's comments(4)
1: It would have been nice if the article had mentioned anything about the innovation happening in the above.
Posted by:Policy Maker - 18 Nov, 2012
2: List of the 10 most innovative companies of India, collated by Fast Company, a U.S. magazine .

Monday, 20 February 2012

1) Narayana Hrudayalaya
2) RedBus
3) Flipkart
4) Eko India Financial Services
5) Tata Motors
6) Wipro
7) Adani Group
8) Tree House
9) Naandi Community Water Services
10) ITC

Incidentally none of these companies are found in the 50 Most Innovative Companies list of Forbes.

Perhaps INNOVATION plays a role in evaluating Innovative Companies!?

Dr.A.Jagadeesh Nellore(AP),India
Posted by:Anumakonda - 13 Nov, 2012
The above citation for TCS doesn't mention anything that innovative. They have been depicted as software ADM services company bagging mega contracts.
Policy Maker Replied to: Anumakonda - 18 Nov, 2012
Sorry I meant to write to the original post.
Policy Maker Replied to: Policy Maker - 18 Nov, 2012