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India's 10 most innovative companies

Last updated on: February 26, 2013 17:08 IST

India's 10 most innovative companies

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Fast Company ranks India's most innovative companies, focusing on technology, business, & design and assesses thousands of businesses based on creativity, real-world impact, risk taking, and execution. Mahindra Reva tops the rankings.

Take a look at the most innovative companies...

1. Mahindra Reva

Reva is India's first electric car. Acquired by the Mahindra & Mahindra in 2010, the company is bullish on the E2O, a four-seater electric hatchback expected to be launched in 2013.

Fast Company highlighted the E2O's smart phone powered 'Emergency Electric Boost' as one of the coolest features in the car.

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Mahindra Reva was ranked at number 22 for its innovative contributions to the global electric vehicle industry.


"Mahindra Reva featuring among the world's top 50 most innovative companies is a tribute to Chetan Maini and the team at Mahindra Reva. Our vision of the Future of Mobility depends on our ability to harness clean energy not only to power, but also produce a new generation of clean vehicles. Mahindra Reva is a global leader in addressing both these important issues," Anand Mahindra, Chairman, Mahindra Group said.


The new manufacturing facility in Bangalore has received a platinum rating from the India Green Building Council.

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Image: New manufacturing facility in Bangalore.

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Selco

Selco Solar Pvt. Ltd, a social enterprise established in 1995, provides sustainable energy solutions and services to under-served households and businesses.

Selco currently employs about 170 employees in Karnataka and Gujarat spread across 25 energy service centers. Since 1995, the company has sold, serviced and financed over 115,000 solar systems to our customers.

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Image: Selco solar light in a village.


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Selco's solar powered home lighting systems are either CFL or LED based and provide clean, reliable light with minimal maintenance.

In addition to this, the company offers fans, transistors, mobile charging and other household appliances.

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Tags: CFL , LED , Selco , India

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GVK-EMRI

The GVK EMRI (Emergency Management and Research Institute) is a non-profit organisation based on Public Private Partnership model.

It attends to every emergency situation in the country; be it a medical crisis, a law and order situation or a fire disaster. It provides services at par with global standards and follows modern principles of management and leadership to serve the nation.

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This service is spread across 12 states viz Andhra Pradesh, Gujarat, Uttarakhand, Goa, Tamil Nadu, Karnataka, Assam, Meghalaya, Madhya Pradesh, Chhattisgarh, Himachal Pradesh, Uttar Pradesh and 2 Union Territories - Dadra and Nagar Haveli and Daman and Diu.

With the help of this widespread initiative and equipped with around 5000 ambulances, about 18,008,935 cases have been attended to and over 5.23 lakh lives saved.

A three digit toll free emergency response number – 108 is accessible from all fixed lines and mobile phones across the locations the service is available in.

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IndiGo

With the highest on-time performance levels, IndiGo bagged a third of the market, ahead of both full-service and low-cost airlines.

IndiGo is a private, low-cost carrier based in Gurgaon, Haryana. The airline started operations in August 2006 and is the largest low-cost carrier in India.

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Image: IndiGo Airlines.
Photographs: Reuters.

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On 17 August 2012, IndiGo became the largest airline in India in terms of market share (27%), beating Jet Airways, which had held the position for many years.

The airline had reached the position just six years after it started operations, making it one of the fastest growing airlines in South Asia.

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Photographs: Reuters.

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Micromax

Micromax, is the 12th largest handset manufacturer in the world. With comptiive prices and innovation, Micromax has been able to differentiate itself from the competitors.

The company is present across 14 locations including Hong Kong, Bangladesh, Nepal, Sri-Lanka, Maldives, UAE, Kingdom of Saudi Arabia, Kuwait, Qatar, Oman, Afghanistan and Brazil.

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Micromax's product portfolio has more than 60 models, ranging from feature rich, dual-SIM phones to qwerty, touch-enabled smart-feature phones and 3G Android smartphones. 

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Sarvajal

Bringing clean water to water-scarce villages is Sarvajal's motto. Sarvajal's unique RFID-equipped ATMs dispense purified water at a nominal cost through prepaid cards or coins.

The initiative powered by solar energy, is a blessing for villages in Rajasthan, Gujarat and Madhya Pradesh.

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The ATM has a water tank kept locked above the machine. The tank is connected to the RO plant, which uses groundwater for processing. 

The technology is the brainchild of Piramal Foundation.

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Attero Recycling

Attero Recycling was founded by Nitin Gupta and Rohan Gupta in the year 2007 with an objective of providing an environmentally friendly solution to the problem of e-waste.

Attero Recycling, an integrated end-to-end electronic waste (e-waste) recycling company and now the first e-waste recycler to be registered with the Central Pollution Control Board (CPCB), Ministry of Environment & Forests, Government of India.

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With a fully automated facility for e-waste recycling at Roorkee, a first of its kind metallurgical process and a close technical collaboration with a leading US company, the company processes waste and client friendly solutions like pickup of e-waste from the premises and complete data security.

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Vaatsalya

Vaatsalya is India's first hospital network focused on Tier II and Tier III towns. While 70% of India lives in semi-urban and rural areas, 80% of India's healthcare facilities are located in urban/metro areas.

Vaatsalya is bridging this gap by building and managing hospitals/clinics in semi-urban and rural areas and bringing healthcare services where it is needed most.

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It offers healthcare services to thousands of families across Karnataka and Andhra Pradesh through our hospitals in Hubli, Gadag, Bijapur, Mandya, Hassan, Mysore, Gulbarga, Shimoga, Tarikere, Malur, Chikmagalaur, Vizianagaram (AP) Narasannapetta (AP) Ongole (AP) Anantapur (AP) Hanamkonda (AP) and Proddatur

Vaatsalya hospitals are 50-70 beds in size, with neonatal intensive c are facilities, operation theatres, maternity room, intensive care facilities, a mix of general rooms (dormitory style), and private/semi-private rooms. In addition there is a 24/7 pharmacy, basic laboratory and diagnostics facility.

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Skymet

Skymet was the first private sector entity to provide weather forecasts and weather graphics to the media in 2003.

Today, Skymet is the dominant player in this segment and provides weather inputs to leading India dailies, 24X7 news channels and radio stations.

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Skymet provides daily forecasts at village level to farmers in 13 Indian states and streams data from its 60 weather stations to its corporate clients.

Today, Skymet can provide accurate forecasts at the village level. Skymet can provide reliable seasonal forecast for the next 7 months, including the monsoon

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UFO Moviez

Founded by the Valuable Group in 2005, UFO Moviez India is the world's largest satellite networked digital cinema chain.

UFO's initiative has revolutionised the way films are distributed & exhibited in India through its pioneering technology and infrastructure.

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Image: Prime Minister of India, Manmohan Singh discusses digital technology with Kapil Agarwal (JMD) and Raaja Kanwar (Director).


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Within a few years of its launch, UFO has become the global market leader in its area of operations, offering end to end digital cinema solutions and delivering films via satellite directly to theatres, ensuring 'first day, first show; for film distributors and exhibitors across the country.

UFO Moviez has 3128 digital cinema installations spread in over 1300 cities across the length and breadth of India.



Image: Former President Dr. A.P.J. Abdul Kalam discusses digital technology with Sanjay Gaikwad (MD), Kapil Agarwal (JMD) and Raaja Kanwar (Director).

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