India AI-Native Index · Edition one

The Fifty

Fifty of India's largest companies, assessed on what they have placed on the public record about their use of AI, against a published rubric. Companies with a published score are ranked by that score, highest first; equal scores share a rank. Nine companies with limited public-evidence coverage publish as a band only (Grade C) and are not ranked — they are listed at the end.

This assessment is based exclusively on public information available during the stated evidence window. It does not assess undisclosed internal systems or practices. Scores and bands are opinions produced by applying the published rubric to the cited factual record. Not investment advice. The Index is not affiliated with, endorsed by, or sponsored by any assessed company.

Ranked (41)

Companies with a published score, ranked by that score to one decimal, highest first. Equal scores share a rank (=) and are listed alphabetically. “(boundary)” marks a score whose range crosses a band threshold; bands are calibrated thresholds on the published scale, not ranks.

Rank	Company	Sector	Score	Band	Confidence
1	Infosys	IT services	67.6	AI Native	A
2	Bajaj Finance	BFSI	66.3	AI Native	A
3	Bharti Airtel	Telecom	65.3	AI Native	A
4	Dr. Reddy's	Pharma	64.5 (boundary)	AI Native	A
=5	HCLTech	IT services	63.9 (boundary)	AI Native	A
=5	TCS	IT services	63.9 (boundary)	AI Native	A
7	Axis Bank	BFSI	62.3 (boundary)	AI Native	A
8	Zoho	Consumer internet	60.2 (boundary)	AI Integrated	A
9	Persistent Systems	IT services	59.5 (boundary)	AI Integrated	A
=10	Apollo Hospitals	Healthcare	59.0 (boundary)	AI Integrated	A
=10	Reliance Industries	Energy/Telecom	59.0 (boundary)	AI Integrated	A
=12	Hexaware	IT services	58.3	AI Integrated	A
=12	Kotak Mahindra Bank	BFSI	58.3	AI Integrated	A
14	Eternal	Consumer internet	57.8	AI Integrated	B
15	LTM	IT services	57.6	AI Integrated	A
=16	Mphasis	IT services	56.7	AI Integrated	A
=16	Tech Mahindra	IT services	56.7	AI Integrated	A
18	PB Fintech	Consumer internet	55.9	AI Integrated	B
19	Paytm	BFSI	55.5	AI Integrated	A
=20	Coforge	IT services	55.1	AI Integrated	A
=20	Tata Motors Ltd (CV)	Manufacturing	55.1	AI Integrated	B
22	ITC	Retail	54.1	AI Integrated	A
23	Wipro	IT services	53.7	AI Integrated	A
24	HDFC Bank	BFSI	53.6	AI Integrated	A
25	Cipla	Pharma	52.9	AI Integrated	A
26	Info Edge	Consumer internet	52.6	AI Integrated	B
27	Trent	Retail	52.0	AI Integrated	A
28	HDFC Life	BFSI	51.6	AI Integrated	A
29	Asian Paints	Retail	50.8	AI Integrated	A
30	State Bank of India	BFSI	50.6	AI Integrated	A
31	ICICI Bank	BFSI	49.5	AI Integrated	A
32	MakeMyTrip	Consumer internet	49.0	AI Integrated	B
33	JSW Steel	Manufacturing	48.9	AI Integrated	B
34	Adani Enterprises	Infrastructure	48.6	AI Integrated	A
35	Swiggy	Consumer internet	48.5	AI Integrated	B
36	ICICI Lombard	BFSI	47.9	AI Integrated	B
37	Tata Steel	Manufacturing	47.1	AI Integrated	B
38	Britannia	Retail	44.7	AI Integrated	A
39	Max Healthcare	Healthcare	38.1 (boundary)	AI Assisted	B
40	Titan Company	Retail	32.2	AI Assisted	A
41	Zerodha	Consumer internet	30.0	AI Assisted	B

Not ranked — band only (9)

Published as a band only under the edition-one rule set (Grade C confidence); no precise score or ordinal position is published. Listed alphabetically.

Company	Sector	Band	Confidence
Avenue Supermarts (DMart)	Retail	AI Assisted	C — band
Bajaj Auto	Manufacturing	AI Assisted	C — band
Divi's Laboratories	Pharma	AI Assisted	C — band
Larsen & Toubro	Manufacturing	AI Integrated	C — band
Mahindra & Mahindra	Manufacturing	AI Integrated	C — band
Nykaa (FSN)	Consumer internet	AI Assisted	C — band
Sun Pharma	Pharma	AI Assisted	C — band
TVS Motor	Manufacturing	AI Assisted	C — band
UltraTech Cement	Manufacturing	AI Assisted	C — band

AI Compounding (81–100): no company qualified. AI Curious (0–20): no company placed; the arithmetic minimum under the edition-one rule set is 25.