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Subject: [IP] The World's Most Innovative Companies


________________________________________
From: Ram Narayanan [ram@usindiafriendship.us]
Sent: Saturday, April 19, 2008 9:52 AM
To: David Farber
Subject: The World's Most Innovative Companies

Dear Dave:

BUSINESSWEEK Magazine has published its list of the world’s 50 most innovative companies in its issue dated April 28, 2008.

The list has been compiled by the US financial publication in collaboration with Boston Consulting Group.

The 50 companies are distributed, countrywise, as follows:

USA 31
Britain 4
Germany 4
Japan 4
India 2
Canada 1
Finland 1
Netherlands 1
Singapore 1
South Korea 1
Total: 50

The two Indian industrial groups, included for the first time, are the Tatas and the Mukesh Ambani-led Reliance Group. The Tata group is ranked 6th and Reliance 19th.

The Tata group ranks well above IBM, BMW, Honda Motor, General Motors, Boeing, Audi and Daimler.

Mukesh Ambani’s Reliance ranks above companies like Boeing, Exxon and BP.

The most interesting thing is that not a single Chinese company is considered innovative enough to make it to the list.

The list of companies ranked in order are

1. APPLE
2. GOOGLE
3. TOYOTA MOTOR
4. GENERAL ELECTRIC
5. MICROSOFT
6.TATA GROUP
7. NINTENDO
8. PROCTER & GAMBLE
9. SONY
10. NOKIA
11. AMAZON.COM
12. IBM
13. RESEARCH IN MOTION
14. BMW
15. HEWLETT-PACKARD
16. HONDA MOTOR
17. WALT DISNEY
18. GENERAL MOTORS
19. RELIANCE INDUSTRIES
20. BOEING
21. GOLDMAN SACHS GROUP
22. 3M
23. WAL-MART STORES
24. TARGET
25. FACEBOOK
26. SAMSUNG ELECTRONICS
27. AT&T
28. VIRGIN GROUP
29. AUDI
30. MCDONALD’S
31. DAIMLER
32. STARBUCKS
33. EBAY
34. VERIZON COMMUNICATIONS
35. CISCO SYSTEMS
36. ING GROEP
37. SINGAPORE AIRLINES
38. SIEMENS
39. COSTCO WHOLESALE
40. HSBC
41. BANK OF AMERICA
42. EXXON MOBIL
43. NEWS CORP.
44. BP
45. NIKE
46. DELL
47. VODAFONE GROUP
48. INTEL
49. SOUTHWEST AIRLINES
50. AMERICAN EXPRESS

When Indian companies make at least a third of the world’s 50 most innovative companies, hopefully in another five years, India would have arrived. The US will doubtless continue to lead the list of innovative companies in number and percentage-wise.

For the BUSINESSWEEK article, click: http://www.businessweek.com/magazine/toc/08_17/B4081best_companies_at_innovation.htm

Please post your comments at http://usindiafriendship.blogspot.com/

Cheers,

Ram Narayanan
US-India Friendship
http://usindiafriendship.net/
http://usindiafriendship.blogspot.com/


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