India Further Cements Itself as a Global Leader in Innovation

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India Innovation Conference and Awards hosted by Clarivate Analytics honors India’s most disruptive innovators

 

New Delhi, India: May 18, 2018 Clarivate Analytics identified and honored India’s top 12innovative organizations at the 2018 India Innovation Conference and Awards held on May 16th in Bengaluru. The evening’s keynote and awards were presented by Shri V. K. Saraswat, Member at the National Institution for Transforming India, Government of India.

        

Hosted by Clarivate Analytics, the award ceremony recognizes and honors innovation excellence in India. The awards are based on an analysis that includes the size of the patent portfolio, grant success, the extent of globalization and citation volume. The analysis is based on Derwent Innovation patent data including from the Derwent World Patent Index (DWPI) and Derwent Patent Citation Index (DPCI).

This year, 30 organizations were identified across six sub-categories as the top innovators in India. The top 12 were awarded and honored at the ceremony in alphabetical order within their categories:

Industry Category Organization
Corporations – Pharmaceuticals, Biotechnology & Life Sciences ·         Cadila Healthcare Limited

·         Sun Pharmaceutical Industries Limited

 

Corporations – Software & Services ·         Infosys Limited

·         Tata Consultancy Services Limited

 

Corporations – Automobile & Capital Goods ·         Bharat Heavy Electricals Limited

·         TVS Motor Company Limited

 

Corporations – Other ·         Poly Medicure Limited

·         Reliance Industries Limited

Government Research Organizations ·         Council of Scientific & Industrial Research (CSIR)

·         Department of Biotechnology (DBT)

 

Academic Institutions ·         Indian Institute of Technology, Bombay

·         Jawaharlal Nehru Centre for Advanced Scientific Research

India priority patents published in the period 2015 to 2017 by companies headquartered in India were considered for this year’s awards, ensuring the awards recognize innovations that have originated from India and are created by local institutions.

 

Arvind Pachhapur, Vice President, IP & Science, Clarivate Analytics said: “India’s innovation story has been driven by a variety of segments – corporations, government-funded research organizations, and academic institutions, encouraging innovation across the country. The growth in the number of patents published in India is emblematic of a larger global trend, businesses are prioritizing investment in unique, enduring inventions – for which patents are successfully brought to market and enjoy greater global commercial potential.”

The criteria used to identify the top Indian innovators closely mirrors that of the Clarivate Analytics Top 100 Global Innovatorannual report which highlights the most successful organizations in the world who are active in innovation through research and development. A detailed report of India’s top 30 innovative organizations will be available soon.