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Three major Indian companies including Hindustan Unilever, Asian Paints and Bharti Airtel have been ranked among Forbes’s list of ‘The World’s Most Innovative Companies’. This is a weaker performance compared to last year, when five Indian firms were a part of the list. After two consecutive years in second place, Salesforce finally overtook Tesla Motors (No. 2), regaining the top spot as the world’s most innovative company – a title Salesforce had held from the list’s inception in 2011 to 2015. Amazon vaulted eight spots, emerging as No. 3 this year after 20 years in the public markets. Rounding out the top 5 are Shanghai Raas Blood Products (No. 4) and Netflix (No. 5). While HUL and Asian Paints have moved up in their ranks to seventh and eighth respectively (from 31st and 18th last year), Bharti Airtel has entered the ranking at 78th position.