Clarivate Recognizes Most Innovative Companies in South Asia

12 Top Innovators in India and Sri Lanka Receive Innovation Awards

London, U.K., July 28, 2023 – Clarivate Plc (NYSE: CLVT), a global leader in connecting people and organizations to intelligence they can trust to transform their world, today announced the winners of South Asia Innovation Awards 2023 at its Innovation Forum held in Mumbai, India. 11 companies in India and one in Sri Lanka received awards for their consistent above-the-bar innovation performance.

The methodology used to select the top innovators in South Asia closely mirrors that of the annual Top 100 Global Innovators™ from Clarivate, which identifies organizations that sit at the very top of the global innovation ecosystem. The Top 100 Global Innovators uses a complete comparative analysis of global invention data to assess the strength of every patented idea, using measures tied directly to their innovative power. The report analyzes data from the Derwent World Patents Index™ (DWPI™) and the Derwent Patents Citation Index™.

Recipients of South Asia Innovation Awards (listed in alphabetical order):

Country Company Award Category
India Ather Energy Private limited New Innovator
India Indian Oil Corporation Limited Public Sector Undertaking
India ITC Limited Consumer Goods
Sri Lanka MAS Holdings Corporate
India Myntra Designs Private Limited E-commerce
India Reliance Industries Limited Chemicals & Energy
India Jio Platforms Limited Telecommunications
India Sun Pharmaceutical Industries Ltd Life Science
India Tata Consultancy Services Information Technology
India Tata Steel Limited Heavy Industries
India TVS Motor Company Automotive
India UPL Limited Agri Business


Nicholas Mason, Head of Intellectual Property markets, South Asia Pacific, Clarivate, said: “The winners of our South Asia Innovation Awards 2023 are transforming industries and creating a positive impact in society. South Asia is a populous region with great growth potential. We are committed to helping our customers in the region drive innovation by unlocking the full value of their intellectual property through our deep expertise, insights and solutions.”

“At UPL, we see innovation as a catalyst for driving real world impacts. We are delighted that our continued commitment to nurturing sustainable technological development and driving farmer-centric solutions has been recognised for the third time by the Clarivate South Asia Innovation Awards,” said Dr. Vishal Sodha, Global IP Head, UPL Limited.

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About Clarivate

Clarivate™ is a leading global information services provider. We connect people and organizations to intelligence they can trust to transform their perspective, their work and our world. Our subscription and technology-based solutions are coupled with deep domain expertise and cover the areas of Academia & Government, Life Sciences & Healthcare and Intellectual Property. For more information, please visit

Media contacts

Jack Wan, External Communications Director, Clarivate

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