Tata Motors has recently bagged the 31st spot on Forbes' World's Best Regarded Companies 2019 list. The home-grown automaker has been ranked 31 out of the 2000 companies from across the globe, taking a major leap from its 70th position from last year's list. Furthermore, out of the 16 other Indian Companies in Forbes' global list, Tata Motors has also emerged amongst the top five ranked global automobile manufacturers. In fact, in addition to Tata Motors, other companies from Tata Group that have been featured on the Forbes list include Tata Consulting Services and Tata Steel.
The selection process for the Best Regarded Companies involve evaluating over 15,000 survey participants from more than 50 countries. These global companies are then assessed based on several parameters like - trustworthiness, social conduct, company as an employer and performance of the product or service.
Commenting on being features in the Forbes' list, Guenter Butschek, CEO & MD, Tata Motors Limited said, "We are delighted to have been featured on the Forbes World's Best Regarded Companies 2019 List. Being in the top 50, from a total of 2000 and raising the India flag high with 5th rank across the global automobile industry is indeed a great feeling. It is a testament to the aspirational work that Tata Motors has been consistently doing on the business front while holding up the Tata Group's ethos. We are very happy to have our efforts validated and we are further encouraged to keep the momentum going and create new benchmarks."
