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Most Innovative Companies

IndiGo

It took a spunky airline to demonstrate that even in India’s crowded aviation market, low fares do not necessarily beget low-quality service. The no-frills IndiGo has blossomed into the country’s largest airline—it took delivery of its 100th aircraft in November 2014 and reached a high of 33% market share—as well as its rare profitable one. The 10-year-old airline has flown 82 million passengers with 550 daily flights, and is in a prime position for the future: India is forecast to become the world’s third-largest aviation market by 2020 and the largest by 2030.
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2013: India