India Further Cements Itself as a Global Leader in Innovation

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

New Delhi, India: May 17, 2018 Clarivate Analytics identified and honored India’s top 12 innovative 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, 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 Innovator annual 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.

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About Clarivate Analytics

Clarivate™ Analytics is the global leader in providing trusted insights and analytics to accelerate the pace of innovation. Building on a heritage going back more than a century and a half, we have built some of the most trusted brands across the innovation lifecycle, including the Web of Science™, Cortellis™, Derwent™, CompuMark™, MarkMonitor® and Techstreet™. Today, Clarivate Analytics is a new and independent company on a bold entrepreneurial mission, to help our clients radically reduce the time from new ideas to life-changing innovations. For more information, please visit clarivate.com

About Derwent

Derwent powers the innovation lifecycle from idea to commercialization – with trusted patent data, applications and services including Derwent Innovation, Derwent World Patents Index, Derwent Patents Citation Index and Derwent Data Analyzer. We build solutions for inventors, patent attorneys and licensing specialists at start-ups and the largest global innovators, legal professionals at the leading intellectual property practices, and patent examiners at more than 40 patent offices. Our solutions are used to monitor technology trends and competitive landscapes, inform FTO opinions, prosecute patents, monetize and license assets and support litigation activities. Visit: https://clarivate.com/products/derwent/

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