The automotive industry has plenty of global problems. But innovation is not one of the issues — at least according to BusinessWeek magazine.

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In its list of the world’s 50 most innovated companies, Toyota and Tata Motors of India are both in the top-10 list.

Apple, which debuted the iPhone and the MacBook Air in the past year, was named the world’s most innovative company.

Here’s the top-10:

1. Apple; 2;.Google; 3. Toyota; 4. General Electric; 5. Microsoft;  6. Tata Motors; 7. Nintendo; 8. Proctor & Gamble; 9. Sony; 10. Nokia.