Top 10 Most Admired Companies of India

02 September 2014 1 min. read
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Fortune Magazine has, in collaboration with consulting firm Hay Group, released its 2014 edition of ‘India’s Most Admired Companies’. The prestigious list is topped by FMCG giant ITC, followed by engineering conglomerate Larsen & Toubro (L&T) and Hindustan Unilever.

For the third year in a row, Fortune and Hay Group have joined hands in India to study the extent to which Indian-based firms are admired. The methodology is based on a survey that asks respondents to rank their peers across a scale of ten parameters. These parameters include corporate governance, endurance, impact on society, investment value, product/service quality, innovation, quality of leadership, talent development, employee empowerment and business footprint. This year, more than 500 companies across 15 key sectors were included in the ranking.

An overview of the Top 10 Fortune India’s Most Admired Companies:

Top 10 companies

ITC distinguished itself mainly through high scores on the parameters corporate governance, endurance, social impact, product quality and employee empowerment. In second place, L&T rated highest on leadership, while Hindustan Unilever scored relatively high on talent development, product quality and leadership among other metrics. According to Sridhar Ganesan, Country Head of Hay Group in India, two criteria in particular separated the Top 10 from the rest of the winners: corporate governance and social impact.

Global ranking

This is not the first time that Fortune and Hay Group have partnered to conduct research. The two firms have for a number of years now jointly released the same list on a global scale – known as ‘Fortune World’s Most Admired Companies’.