Tata Motors listed in top 50 global R&D spenders

On the annual Industrial R&D Investment Scoreboard for 2015, prepared by the European Commission, Tata Motors has made it to the Top 50 league of the world’s biggest companies in terms of R&D investments.

• The list is topped by German automaker Volkswagen followed by Samsung, Microsoft, Intel and Novartis in the Top Five.
• Tata Motors has moved up from 104th position last year to 49th However, most of this R&D is at its UK subsidiary Jaguar Land Rover.

In the expanded list of the world’s 2,500 top R&D firms, there are a total of 26 Indian companies, as against 829 from the US, 608 from the EU, 360 from Japan, and 301 from China.

• Overall, India is placed 15th in terms of the number of companies on the list.
• Among other Indian companies, Dr Reddy’s Laboratories is ranked 404, M&M 451, Reliance Industries 540, Lupin 624, Sun Pharma 669, Cipla 831 andInfosys 884.