Brand Finance’s rankings, publications, and white papers released since 2007 may be found in the Brand directory. Brand Finance is the top independent brand valuation consultancy in the world. They have operations in more than 20 nations, with their headquarters in the City of London. Every year, they evaluate 5,000 of the most well-known brands worldwide to determine which are the strongest and most valuable. Here is a list of the top 10 Indian brands according to the report published by Brand Directory.
1. TATA Group
According to brand valuation consultant Brand Finance, the most valuable brand in the country is the Indian multinational conglomerate Tata Group. Group’s brand value climbed by 12 percent. It has now reached the staggering $24 billion mark. With an AAA brand strength rating, Taj has been declared the strongest brand in the country. The company became a leader during the COVID crisis thanks to its technological innovation and smart utilization of it. As a result, it ranked first again this year. Tata’s business was strengthened via brand-building strategies and efforts. The growth of the Tata brand, which is founded on inclusive and sustainable practices, is what motivates it.
Information technology firm Infosys Limited is based in India. It offers outsourcing, information technology, and business consulting services. The brand value for Indian IT services increased by up to 15%. The brand value of telecom increased by 7%. These industries have strong brand values, and modern Indian IT firms are genuinely globalized. As the second-most valuable Indian brand, Infosys took the lead. The brand’s value has outperformed the LIC, growing by 52 percent to $12.8 billion. With a brand value increase from $7.1 billion before the pandemic to its current value, Infosys’ rise was absolutely impressive. The company will soon surpass all others as the IT brand with the fastest global growth.
This year, the strongest and largest Indian brands in the insurance industry finished in third place. The Life Insurance Corporation of India (LIC) is a statutory insurance and investment company in India. Its main office is in the Indian city of Mumbai. The Indian government owns it. The brand’s value has increased by 28% from last year to $11.1 billion. The LIC is still an unbeatable brand in the insurance sector in India. It aims to increase people’s savings mobility by offering alluring savings options tied to insurance. The mission of LIC is to raise awareness of the value of life insurance among rural residents. It also creates awareness among the members of economically and socially disadvantaged sectors.
4. Reliance Industry
Reliance Industries Limited is a multinational conglomerate corporation in India with its headquarters in Mumbai. Energy, petrochemicals, natural gas, retail, telecommunications, mass media, and textiles are just a few of the many sectors it is involved in. Reliance remained in the fourth position in this list. The brand’s value increased by 5% to $8.6 billion. Dhirubhai Hirachand Ambani launched the company in 1966. The first privately owned Indian company to enter the Fortune 500 was this one.
Airtel is a New Delhi-based international provider of telecommunications services. In addition to the Channel Islands, it operates in 18 nations in South Asia and Africa. In accordance with the country in which it operates, Airtel offers voice, fixed-line Internet, 2G, 3G, 4G, 4G+, and 5G mobile services. According to the report by Brand Finance, Airtel has taken the fifth spot this year. The company’s brand value increased by 28%, bringing its net worth to $7.7 billion.