Hindustan Unilever Limited (HUL) has been ranked No 1 in India on the Forbes list of The World’s Most Innovative Companies 2017. We are also one of the two Indian companies that feature in the Top 10 in this year’s list.
Other Indian companies that feature in the global list of 100 Most Innovative companies 2017 are Asian Paints (at no 8), and Bharti Airtel (at 78).
The rankings are based on, what the US business magazine calls, an innovation premium (IP), the difference between a firm’s enterprise value and a net present value of cash flows from its existing businesses.
The Forbes list of most Innovative Companies around the world is compiled every two years. You can see the full list here.