Two Mukesh Ambani-owned companies are among India’s top 5 valuable brands
- TCS is the most valuable brand in India, with a value of ₹1.1 lakh crore.
- Two Ambani-owned brands made it to the top five of most valuable brands in India.
- The total brand value of the top ten brands, amounting to ₹4.95 lakh crore, exceeds the combined value of the remaining 40 brands on the list.
AdvertisementTwo brands owned by Mukesh Ambani — Reliance Industries and Jio made it to the list of top five most-valuable brands in India. According to a report by Interbrand, the brand value of the diversified Reliance Industries is at ₹65,320 crore and became the second most-valuable brand. Technology company Jio became the fifth most-valuable company at ₹49,027 crore.
While the brand value of Reliance Industries grew at 121% in the last ten years, Jio is a new entrant to the list curated by Interbrand. Tata Consultancy Services (TCS), however, retained the top spot as the most valuable brand in India, with a value of about ₹1.1 lakh crore.
Infosys and HDFC occupied the third and fourth positions on the list.
“This year’s Best Indian Brands event highlights the remarkable concentration of brand value among the top three and top five brands, demonstrating their strong impact on the overall landscape. It is an extraordinary moment to witness the ascent of technology brands, securing prominent positions in the top five after a decade,” said Ashish Mishra, chief executive officer, Interbrand India and South Asia.
The total brand value of the top ten brands, amounting to ₹4.95 lakh crore, exceeds the combined value of the remaining 40 brands on the list, which amounts to ₹3.36 lakh crore.
“With a total brand value surpassing the combined value of the remaining 40 brands, these leaders exemplify the power of effective brand management,” said Mishra.
|Rank||Brand||Sector||Brand Value||10-year change|
|2||Reliance Industries||Diversified||₹65,320 cr||121%|
|4||HDFC||Financial Services||₹50,291 cr||224%|
|7||LIC||Financial Services||₹33,792 cr||73%|
|9||State Bank of India||Financial Services||₹30,055 cr||65%|
|10||ICICI||Financial Services||₹25,915 cr||113%|
The brand value of the fast-moving consumer goods (FMCG) sector grew at a compound annual growth rate (CAGR) of 25%. This is followed by home building & infrastructure at 17%, and technology at 14%.
Notably, the home building & infrastructure sector has witnessed a remarkable rise, welcoming seven new brands to the list since 2014, the report said.
“This year’s list showcases the remarkable growth and evolution of the Indian brand landscape. The significant increase in total brand value, surpassing the $100 billion mark, is a commendable feat and demonstrates the strength and potential of Indian brands on a global scale,” said Gonzalo Brujo, global CEO, Interbrand.
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