Infosys Is The Only Indian Company In TIME World's 100 Best Companies List 2023

TIME Magazine recently revealed its list of the world's 100 best companies in 2023, with Infosys turning out to be the only Indian firm on the list.

The first four ranks were all dominated by big tech giants: Microsoft, Apple, Google parent Alphabet, and Meta Platforms (formerly Facebook) were the top four firms on TIME Magazine¡¯s list of the world¡¯s best companies.

Infosys Only Indian Company Among TIME 100 Best Companies 2023

Bengaluru-based professional services giant Infosys ranked 64th out of 750 global companies, making it the only Indian company to make it into the top 100. Infosys also tweeted to confirm the same.

Infosys has been featured in TIME World¡¯s Best Companies 2023 list. We are among the top 3 global professional services firm and the only brand from India in the Top 100 global rankings: https://t.co/Mvg9lRFxDV pic.twitter.com/dN6n0p76ZA

¡ª Infosys (@Infosys) September 14, 2023

Founded by seven engineers in 1981, Infosys is today the second-largest Indian IT company. It employs over 3 lakh people across the world, with the majority being based in India. It has a market cap of more than Rs. 6 trillion at present. Infosys is also the first Indian company to be listed on the US stock exchange.

It's noteworthy that Infosys was not only the only Indian company to make it to the top 100 but also one of the top 3 professional services companies on the list, the other two being Accenture (rank 4) and Deloitte (rank 36).

8 Indian Companies In Top 750 List

Overall, 8 Indian companies featured in the 750 companies' list released by TIME magazine.

Besides Infosys at 64 rank, Wipro features at 174, Mahindra Group features at 210, Reliance Industries at 248, HCL at 262, HDFC Bank at 418, WNS Global Services at 596, and ITC at 672 rank.

Infosys-64

Wipro-174

Reliance Industries-248

HCL-262

HDFC Bank-418

WNS Global Services-596

ITC-672

indiatimes

Also Read: Infosys Co-Founder Spending Hundreds Of Crores On Studying The Human Brain

Top 10 Companies In TIME's List Of 100 Best Companies 2023

Not Apple or Google, its CEO Satya Nadella led Microsoft that has topped this year's list of TIME's 100 best companies 2023.

getty

1.Microsoft

2.Apple

3.Alphabet

4.Meta Platforms

5.Accenture

6.Pfizer

7.American Express

8.Electricite de France

9.BMW Group

10.Dell Technologies

Also Read: Microsoft Introduces Unlimited Paid Time Off For Its US Employees

How TIME Identified The Top Companies

time

TIME looked at three dimensions to identify the top-performing companies in the world: employee satisfaction, revenue growth, and sustainability (ESG).

The first dimension, employee satisfaction, was evaluated using survey data from employees worldwide. More than 1.5 lakh employees across 58 countries were surveyed. The second dimension, revenue growth, looked at company data for the last three years. To be considered for evaluation, companies had to generate revenue of at least $100 million in 2022 and demonstrate positive growth from 2020 to 2022.

The last dimension, sustainability, took both environmental and social factors into account. "For the environmental evaluation, this included the carbon emissions intensity and reduction rate, as well as the Carbon Disclosure Project (CDP) rating. The social dimension assessed the share of women on the board of directors and the existence of a human rights policy," TIME Magazine shared.

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