5 Indian Companies were ranked in Forbes’ Top 100 Most Innovative Companies. Here’s who made the cut.
A lot of lists that try to rank the various degrees of company innovation just end up as popularity contests. But Forbes made use of specific criteria that include seven years of fiscal figures, creative disruption and US$10 billion in market capitalization.
Asian Paints (18)
At number 18 comes Asian Paints, making it’s fourth appearance in a row. The Asian giant, who is the third largest paint company on the continent, has recently been making expansion moves toward the home décor and renovation sectors.
Hindustan Unilever (31)
Hindustan Unilever makes it’s appearance at number 31. With over 30 brands of consumer goods under its umbrella, this company is in constant evolution to create products that exceed the consumer’s expectations.
Tata Consultancy (66)
Taking the 66th spot, Tata Consultancy services is no stranger to this list. They have been providing out of the box technology solutions to the Indian people for decades and is also ranked in the top 10 software providers in the world.
Sun Pharmaceuticals (73)
Sun Pharmaceuticals’ pioneering spirit puts them at number 73. A clever mix of pharmaceutical advances and excellent management has secured the constant growth they are experiencing.
Larsen & Toubro (89)
Larsen & Toubro comes next at number 89. The recent reforms are set to benefit the construction giant and their new developments are keeping them on track.
Being part of the Top 100 is an extraordinary achievement that should push these companies to keep on improving. Other companies should use the immense resource pool of creative minds available to achieve better results and make their mark.