Tata Motors Enters Top 50 of World's Biggest R&D Investors

Strategic Insights -

Tata Motors has made a significant jump in the R&D Investment Scoreboard for 2015, prepared by the European Commission, rising from 104th last year to 49th. The company's investment in Jaguar Land Rover's R&D in the UK is the driving force behind this ascension. This achievement is a testament to the company's commitment to innovation and research. Tata Motors also had the largest increase in R&D on the list, solidifying its position among the world's top R&D investors.

Key Takeaways:

  • Tata Motors has risen from 104th to 49th in the R&D Investment Scoreboard for 2015, prepared by the European Commission.
  • The company's investment in Jaguar Land Rover's R&D in the UK is the primary reason for its significant jump.
  • Tata Motors had the largest increase in R&D on the list, demonstrating the company's commitment to innovation.
  • The list of the world's 2,500 top R&D firms includes 608 European Union companies, 26 Indian companies, and 829 from the US.
  • The European Union companies include 136 from Germany, 135 from the UK, 86 from France, and 32 from Italy.
  • Google has moved up to sixth place, and Pfizer has moved to tenth place in the R&D Investment Scoreboard.

Statistics:

  • Tata Motors rose from 104th to 49th in the R&D Investment Scoreboard for 2015.
  • The company's investment in Jaguar Land Rover's R&D in the UK contributed to its significant jump.
  • Tata Motors had the largest increase in R&D on the list, with a significant increase in investment.
  • 608 European Union companies are included in the expanded list of the world's 2,500 top R&D firms.
  • The top-five companies globally have remained in their respective positions.
  • Google moved up from ninth to sixth place, and Pfizer moved from 15th to tenth place.

Sources:

  • European Commission (no date) - R&D Investment Scoreboard for 2015.
  • Tata Motors (no date) - Company press release regarding R&D investment and Jaguar Land Rover.