Global 500 Rankings: Indian brands are pushing the bar with Tata, Infosys, LIC, HDFC, Reliance Group, Airtel, HCL Tech, SBI, Wipro, Mahindra Group, Jio, L&T, Indian Oil, Crédit Agricole, and Bajaj Group were the companies among Indian companies making their place in the Brand Finance Global 500 2024 report.
Leading the charge are Jio and SBI, claiming the titles of 17th and 24th strongest brands globally, respectively. Reliance Jio's growth marked a testament to the company's disruptive force in the telecom industry, while SBI's continued strength underscores its position as a financial behemoth, the report further added.
The Tata brand rose a substantial 5 ranks, showcasing its growing prowess across diverse sectors. This momentum is further buoyed by the HDFC merger, which propelled the combined entity to rank up the list by 104, boasting a 38 per cent increase in brand value, as per the report.
“Jio, a relatively newer entrant in the telecommunications sector, emerges as the strongest brand with a notable 14 per cent increase in brand value to USD6.1 billion, alongside a high brand strength index score of 89.0 and associated AAA brand rating,” according to the report.
Tata Group was highlighted as the most valuable brand from South Asia, with an 8.5 per cent increase in brand value, now standing at USD28.6 billion. The group's rise in brand value underscored its strategic initiatives in innovation, global expansion, and strategic partnerships. Tata Consultancy Services (TCS), a part of the Tata Group, is mentioned as a leading global IT services brand, as per the report.
Infosys marked the list with its brand value of USD14.2 billion, with a 9.2 per cent increase, and a brand strength index score of 83.5, ranked at 98th position. The company was also mentioned for its commitment to ESG (Environmental, Social, and Governance) and its efforts in sustainability and the development of digital skills, the report further added.
Meanwhile, Indian IT companies made significant strides in the global market, with several prominent players leading the industry. Notably, Accenture, TCS, and Infosys have emerged as key players in the IT services sector. Accenture holds the top position as the world's most valuable IT services brand, with a brand value of USD 40.5 billion. TCS has solidified its position as the second most valuable IT services brand, experiencing substantial value growth of 11 per cent. Meanwhile, Infosys has been the fastest-growing IT services brand over the last five years, with a brand value of USD 14.2 billion, making it the third most valuable IT brand globally, according to a report Brand Finance IT Services 2024.
Additionally, HCLTech became the fastest-growing brand in the top 10 this year achieving 16 per cent growth, as per the report.
First Published:
18 Jan 2024, 10:38 AM IST
Business NewsCompaniesNewsIndian brands make big strides in Global 500 Rankings: Jio, SBI among top rankers, Tata soars, HDFC rises after merge
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Leading the charge are Jio and SBI, claiming the titles of 17th and 24th strongest brands globally, respectively. Reliance Jio's growth marked a testament to the company's disruptive force in the telecom industry, while SBI's continued strength underscores its position as a financial behemoth, the report further added.
What are the top Indian brands in the world? ›
Best Indian Brands
- 01 TCS. 1,095,766 ₹m.
- 02 Reliance Industries. 653,208 ₹m.
- 03 Infosys. 533,238 ₹m.
- 04 HDFC. 502,910 ₹m.
- 05 Jio. 490,273 ₹m.
- 06 Airtel. 465,535 ₹m.
- 07 LIC. 337,920 ₹m.
- 08 Mahindra. 311,364 ₹m.
Increase in brand value of Jio:
It has become the biggest brand in the telecom sector in the last few years. According to the report, an increase of 14 percent has been recorded in the brand value of Jio. Presently it has increased to 6.1 billion dollars. Jio's brand index score has also increased to 89.
What are the top 10 brands in India? ›
Top 10 most valuable brands in India
Among top 10 are Tata Group, Infosys, HDFC, LIC, Reliance Industries Limited, SBI, Airtel, HCL Tech, Larsen & Turbo and Mahindra.
What are the Indian brands in the global market? ›
Here is a list of famous Indian brands that live up to the international standard.
| 1. Royal Enfield | 11. Café Coffee Day | 21. Amul |
|---|
| 2. Van Heusen India | 12. Micromax | 22. Airtel |
| 3. Allen Solly | 13. Da Milano | 23. Boat |
| 4. Old Monk | 14. Jaguar | 24. Lenskart |
| 5. Peter England | 15. Amrut Single Malt | 25. Ola Electric |
5 more rowsThe Fortune India 500 list ranks publicly traded companies by their annual audited total income for the financial year ending on or before 30 June. The list has been published in its current form since 2010, and also includes financial corporations and service providers, leading by revenue.
Which is No 1 Indian company in India? ›
1. Reliance Industries. Reliance Industries, a conglomerate holding company, is the largest company in India by market cap. It operates in various sectors, including energy, petrochemicals, textiles, natural resources, retail, and telecommunications.
Who is the largest shareholder of Jio? ›
- Reliance Industries (67.03%)
- Strategic investors (18.26%)
- Private equity firms (9.38%)
- Sovereign wealth funds (5.33%)
Reliance Industries Ltd (RIL) will consider a bonus issue, its first in seven years, and aims to transform into a deep-tech, new-energy lead...
Which is the richest company in India? ›
Leading 10 Indian brands 2024, by brand value
The Tata Group of companies was the most valuable brand in India with a value of around 28.6 billion U.S. dollars in 2024. At about 14 billion dollars, Infosys came second in the ranking, followed by HDFC Bank.
Which is the strongest brand in India 2024? ›
Taj Hotels, emerged as India's strongest brand in 2024 with a brand strength index of 92.9 points out of 100. Britannia dropped to fourth place with a strength index of 88, while Life Insurance Corporation moved up to become the third strongest brand that year.
How many companies from India found place in Global 500 list? ›
Employment Type. Fortune Global 500 list has been released and eight Indian companies have been featured in the list. Notably, billionaire Mukesh Ambani's Reliance Industries has maintained its high rank, furthering another sixteen places. Reliance Industries is now ranked at number 88.
What is India famous for? ›
India is famous for its rich cultural heritage, historical monuments like the Taj Mahal, diverse cuisine, vibrant festivals, and spiritual destinations. The country's natural landscapes, from the Himalayas to Kerala's backwaters, and bustling cities like Delhi and Mumbai also attract numerous tourists.
Are Indian companies successful globally? ›
Overall, Indian brands are making a significant impact in the global market, and are poised to become even more competitive in the coming years as the country's economy continues to grow and its brands become more well-known around the world.
Which Indian clothing brand is world famous? ›
Label Shaurya Sanadhya, Fabindia, BIBA, Global Desi, and Manyavar are among the top Indian clothing brands, known for their quality, craftsmanship, and stylish designs.
Which is the richest Indian brand? ›
Reliance Industries is India's largest company, as per market capitalisation. With a market value of $234.13 billion as of June 2024, it is also the 49th most valuable company globally.
Are there any Indian luxury brands? ›
Titan is a leading Indian Luxury brands that has made a significant impact globally. It was established in 1984 as a joint venture between the Tata group and the Tamilnadu Industrial Development Corporation.
Which is India most powerful brand? ›
Tata Group, with a brand value of $ 28.6 billion, has retained its title as India's most valuable brand according to a new report from brand valuation consultancy Brand Finance released Thursday. As per the Brand Finance India 100 2024 report, the group's.
