From TCS To LIC & Infosys: List Of India's Top 10 Companies In Terms Of Brand Value 2023 Released

India’s top companies have achieved a major milestone by crossing the mammoth $100 billion mark in brand valuation?for the first time, according to a recently released?report by Interbrand, one of the world’s leading brand consultancy firms.?

Who Tops The Brand Value List?

According to the report, India’s largest IT company, Tata Consultancy Services, had the largest brand value of all Indian firms. The IT services company was valued at Rs. 1,095,766 million. Reliance Industries followed on the second rank with an approximate brand valuation of?Rs 653,208 million.?

Third-placed Infosys completes the top 3, which together?account for 46% of the total value of the top 10 brands.

Here's the list of India's top 10 companies as per brand value:

interbrand

Also Read:?At 2.10 lakh,?TCS?Becomes Top Women Employer In India

List Of India's Top Companies As Per Brand Value

1. Tata Consultancy Services

Rs 1,095,766 million?

2. Reliance Industries?

Rs 653,208 million??

3 .Infosys?

Rs 533,238 million??

4.? HDFC

Rs 502,910million??

5.? JioTechnology?

Rs 490,273 million

6. AirtelTelecommunications?

Rs 465,535 million?

7. LICFinancial Services?

Rs 337,920 million

8.? Mahindra?

Rs 311,364million

9. State Bank Of India?

Rs 300,552million?

10. ICICI??

Rs 259,153 million

You can?click here to read the full list of India's top 50 brands as per brand value, which includes ITC, Amul, and Dabur among others.

Also Read:?Top 10 Indian Companies As Per?Fortune500?India List Of 2022

Changing Patterns Highlighted In The Report

The report noted that this year marks a historic moment as the top 3 positions in brand valuations are occupied by technology companies — TCS, Reliance Industries, and Infosys.?

Also, the?technology?sector has overtaken diversified industries as the leading contributor to total table value over the last decade??

The top 10 companies by brand value, cumulatively, have more than 50 percent of India Inc.’s total brand valuation.?“The total brand value of the top 10 brands, amounting to ?4,949,920 million, exceeds the combined value of the remaining 40 brands on the list, which amounts to ?3,360,137 million,” said the report, as mentioned by The Hindu BusinessLine.

According to the report, the FMCG sector demonstrates a compound annual growth rate (CAGR) of 25 per cent, followed by home building & infrastructure at 17 per cent and technology at 14 per cent.

Ashish Mishra, CEO, Interbrand India and South Asia, reportedly said: “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. The exceptional performance of the top 10 brands, particularly in the brand strength factors of direction, coherence, and trust, underscores their strategic focus and ability to build lasting connections.”

India's 10 Fastest Growing Brands

The report also highlighted the top 10 fastest-growing brands over the past decade:?

interbrand

Also Read:?9 Indian?Companies?Enter 2022's List Of?Top?Global 500?Companies

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