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Tatas, RIL in world’s most innovative companies list

New York: India’s two leading conglomerates, Tatas and Mukesh Ambani-led Reliance Group, have made it to the league of the world’s 25 most innovative companies, one riding on the cheapest commercial car Nano and the other an aggressive growth path.

In the list of world’s 25 most innovative companies released here on Friday, the Tata group is ranked sixth, while Reliance Industries is at 19th spot.

This is the first time Tata and RIL have made it to the annual list which is topped by Apple Computer, the maker of iPod music players and Mac personal computers.

Apple is followed by Internet search giant Google, Japanese auto major Toyota, industrial conglomerate General Electric (GE) and software behemoth Microsoft in the top five.

About the Tata group, BusinessWeek said the “Mumbai-based conglomerate jumps onto our list for the first time, fuelled by its paradigm-busting 2,500 dollar ‘Nano’ car for the masses.”

About Reliance Industries, it noted that “the Indian petrochemicals giant made it onto our list this year thanks to fans of its aggressive growth. — PTI

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