In a list of the World's Best Regarded Companies compiled by Forbes, as many as 17 Indian companies were included.
Bengaluru-based Infosys ranked third on the list following payments technology Visa and Italian car-maker Ferrari, that made to the first and second position, respectively.
Infosys Ltd saw a massive jump in its ranking from being the 31st most regarded company in 2018.
Other companies in the top ten list were:
7. Walt Disney
8. Toyota Motors
10. Costco Wholesale
Indian companies that made it to the list were:
22. Tata Consultancy Services
31. Tata Motors
105. Tata Steel
115. Larsen & Toubro
117. Mahindra & Mahindra
143. Bajaj Finserv
149. Piramal Enterprises
153. Steel Authority of India
155. HCL Technologies
157. Hindalco Industries
204. HDFC Bank
217. Sun Pharma Industries
224. General Insurance Corporation Of India
248. Asian Paints
American companies dominated the list with 59 of the 250 companies. The next three most-represented countries are Japan, China and India.
Japan, China and India together house 82 companies on the list, up from 63 last year. "In all, nearly half of the 250 best-regarded companies are based in Asia, making it the most dominant continent," Forbes said.
The annual list was prepared by Forbes magazine in partnership with Statista where top 2,000 companies in the world were narrowed down to top 250. The best-regarded company rankings were based on trustworthiness, social conduct, the strength of their products and services and how they fare as employers.
Respondents from over 50 countries were surveyed by Statista.