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
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).
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