This Company is India’s Most Valuable Brand for the 3rd Consecutive Year – News18

According to a report by Kantar Brands, Tata Consultancy Services (TCS) has held the top position as the leading brand for three consecutive years, followed by HDFC Bank, Airtel, Infosys, and SBI.

The overall valuation of India’s top 75 brands has increased by 19%, now totaling $450.5 billion. TCS remains the country’s most valuable brand, with a worth of $49.7 billion.

The report cited that TCS’s brand value is $49.7 billion, reflecting a 16% increase from last year. This rise is mainly due to investments in innovation and digital transformation, especially in artificial intelligence (AI).

According to the Kantar Brands report, 54 brands saw an annual increase in their brand value over the past year, with growth observed across all business sectors. Financial service brands lead the list, with 17 brands accounting for 28% of the overall brand value ranking.

HDFC Bank holds the second position with a valuation of $38.3 billion, while the State Bank of India, a public sector entity, ranks fifth with a valuation of $18 billion. ICICI Bank ranks sixth with a valuation of $15.6 billion, while LIC occupies the tenth position with a valuation of $11.5 billion.

The online food ordering platform Zomato has experienced the fastest growth, with its brand value doubling to $3.5 billion, placing it at 31st. This increase is attributed to a strong focus on innovation and expansion in the fast delivery sector.

Maruti Suzuki leads the automobile sector, ranking 17th overall, followed by Bajaj Auto at 20th. Mahindra & Mahindra has seen a remarkable 78% increase in brand valuation, placing it 30th. This year’s rankings are based on the opinion of 1.41 lakh participants on 1,535 brands in 108 categories.