Top 3 Indian Brands: Tata, Infosys, and HDFC
Tata Group and Infosys have topped Brand Finance's annual ranking of the most valuable Indian brands. The third spot on the list was claimed by HDFC Group.
Brand Finance India 100 Report
The India 100 report by Brand Value was curated by assessing over 250 Indian brands spanning across sectors like IT, hospitality, automotives, retail and more.
Tata Group Retains Top Position
Like last year, Tata Group retained the top position this year as well. The Group showed an impressive 9% growth in brand value, reaching USD 28.6 billion. Infosys too retained the second spot on the list of most valuable Indian brands with a steady 9% growth in brand value, reaching USD 14.2 billion.
HDFC Group Surges to Third Place
HDFC Group jumped up the ranks this year to claim the third spot, thanks in large part to its merger with HDFC Ltd. Its brand value surged by an impressive 38%.
Top 5 Indian Brands
The fourth spot went to LIC Group while Reliance ranked fifth to complete the top 5.
Other Notable Brands in the Top 10
SBI Group was named the second most valuable bank in India, clinching the sixth spot. Airtel placed seventh.
HCL Tech, at the 10th spot last year, jumped two places this year. Larsen & Toubro was a new entrant on the list, securing the ninth spot on the list of the most valuable Indian brands. Mahindra rounded up the top 10.
Understanding Brand Value
“Brand value refers to the present value of earnings specifically related to brand reputation. Organizations own and control these earnings by owning trademark rights,” explains the report published by Brand Finance, a chartered accountancy firm regulated by the Institute of Chartered Accountants in England and Wales.
Importance of Brand Valuation
“Brand valuation helps companies understand the value of their brand and how it contributes to the overall value of the company,” said David Haigh, chairman and CEO of Brand Finance.
