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Tata, Mahindra, Bajaj, Ashok Leyland, TVS invested the most in R&D

Ratan Tata and Cyrus Mistry

EU R&D Scoreboard 2015 list reveals the names of 2,500 companies around the world who invested the most in R&D during FY 2014-15. Tata Motors is the only Indian company to feature in the top 50.

The total investment in R&D of these 2,500 companies stands at €607.2 billion (or $659.9 billion or INR 43.76 lakh crore). The top 10 companies on the list are – VOLKSWAGEN, SAMSUNG, MICROSOFT, INTEL, NOVARTIS, GOOGLE, ROCHE, JOHNSON & JOHNSON, TOYOTA and PFIZER.

Speaking about the Indian companies, it was Tata Motors which topped the list for India, taking the 49th spot on the scorecard. During FY 2014, Tata Motors invested a total of €2,345.5 million (INR 16,903 crore) in R&D. This amount includes R&D of all their subsidiaries as well, including Jaguar and Land Rover; which were also the recipient of the most funds. Compared to the previous fiscal, Tata Motors has moved from the 104th position to 49th place.

Other Indian vehicle manufacturing companies on the list are Mahindra & Mahindra, Bajaj Auto, Ashok Leyland and TVS Motor Company with respective investments in R&D of €199.5 million (INR 1,438 crore), €47 million (INR 338 crore), €31.1 million (INR 224 crore) and €25.5 million (INR 183 crore).

Top R&D Investors Global

Top R&D Investors Global

Of the 2,500 companies in the list, 829 companies are based in the US, 608 companies are based in Europe, 360 in Japan, 301 in China, 114 in Taiwan, 80 in Switzerland, 27 in Canada, 27 in Israel, 26 in India, and remaining in rest of the world. Below are a few images which will help understand the investment demographics.

India is positioned at 15 where number of companies on the list is concerned with Tata Motors (49th), Dr. Reddy (404th), Mahindra and Mahindra (451st) Reliance Industries (540th), Lupin (624th), Sun Pharma (669th), Cipla (831st) and Infosys (884th).

Also Read – Car makers going to invest Rs 10,000 crores on new cars

Besides these, other Indian companies on the scorecard in the order of their appearance are, ONGC, Tata Steel, Wockhardt, Cadila Healthcare, Bajaj Auto, Hindalco, BHEL, Piramal Enterprises, Wipro, Helios and Materson, HCC, Ashok Leyland, Apollo Tyres, TCS, Suzlon, TVS Motors, Force India, HCL Tech and Glenmark are also included on the Top 50 Global R&D List.

All 2,500 companies and their investment in R&D

Tata Zica – Photos


About the author

Pearl Daniels

Pearl Daniels

Former freelance writer, Pearl Daniels is in the auto industry since 2011, having established herself as a widely read staff writer since 2013. Her keen eye for industry news, daily need to break down latest events, and quest to not miss a single launch detail, gives you the most refreshing morning news on weekdays.

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  • Nishanth Crzy

    What have you done throughout your year???
    Tata: we’ve developed a brand new car called the Zica with a brand new petrol engine
    Honda: we’ve developed a brand new 160cc engine which delivers 60kmpl
    Suzuki: we’ve developed a new car called the baleno with a turbo charged engine
    Ktm: we have improved our performance of our 390 cc bikes
    Meanwhile at hero motor Corp
    we’ve developed state of the art graphics which will give you a
    tremendous amount of respect and the mileage put of the 80’s motors
    previously developed by Honda

    • Puneeth

      I couldn’t agree with your statement more! well said! 😀