Tata Group, India’s leading conglomerate, marks a significant achievement by securing the 20th position in Boston Consulting Group’s survey of the 50 most innovative companies worldwide.
JAMSHEDPUR – The Tata Group, one of India’s most prominent conglomerates, has achieved a significant milestone by being the only Indian company to make it to the renowned Boston Consulting Group (BCG) list of the world’s top 50 most innovative companies.
With a remarkable rank of 20, this placement testifies to Tata Group’s unwavering commitment to innovation and strategic foresight.
Derived from rigorous research and analysis, the BCG rankings are based on a survey administered to more than 1,000 global innovation executives during December 2022 and January 2023.
The surveyed companies were evaluated across four critical dimensions, with the overall rankings determined by an average of normalized scores.
Tata Group’s inclusion in the list of the world’s top 50 most innovative companies underscores the group’s commitment to nurturing a culture of innovation and its constant pursuit of excellence.
This recognition not only solidifies Tata Group’s stature as a global industry leader but also validates its ongoing efforts to catalyze positive change and shape the future.
The parameters that shaped BCG’s rankings include Global Mindshare, Industry Peer Review, Industry Disruption, and Value Creation.
