Tat Motors enters on the top-50 league of the world’s biggest companies in terms of their research & development (R&D) investments that is topped by German automaker Volkswagen.
Volkswagen has been followed by Samsung, Microsoft, Intel and Novartis in the top-five on the annual industrial R&D Investment Scoreboard for 2015, prepared by European Commission.
From the 104th position of last year’s, Tata Motors has moved to 49th now and has also shown the largest rise in R&D investments on the list.