Worth $30 billion, India's biggest brand
Then these names will surprise you on number one, second and third positions in the list
New Delhi, If every Indian is asked which is the most trusted brand in India? Then every person will have the same answer...TATA, often people say whether the job is government or Tata's. Tata Group has maintained this credibility. Tata Group has retained its position as India's most valuable brand while Infosys and HDFC Group have got second and third place respectively in the Brand Finance report. According to the latest report of brand valuation consultant 'Brand Finance', the brand value of Tata Group, which is active in different business sectors, has increased by 9 percent to $28.6 billion. According to a statement, Tata Group is the first Indian brand that is getting close to achieving a brand valuation of $30 billion.
Information Technology (IT) company Infosys has also achieved strong growth with a growth of nine percent. Despite the slowdown in the global IT services sector, its brand value has been estimated at $14.2 billion. HDFC Group has become the third largest Indian brand with a valuation of $10.4 billion. HDFC has gained strength after its merger with housing finance company HDFC Ltd last year.
Among banks, this bank has won
According to the report, the brand value of banking units has increased in double digits. Among these, Indian Bank, IndusInd Bank and Union Bank are at the forefront. The brand value of the telecom sector has increased the most by 61 percent. After this, banking (26 percent) and mining, iron and steel sectors have registered an average growth of 16 percent. The report says, "Telecom companies like Jio, Airtel and Vodafone Idea have accelerated growth by developing ways of consumer device usage.
Structural reforms and regulatory reforms in the banking sector have increased the brand value of leading public sector banks." Brand Finance has said that Tata Group's hospitality brand Taj is continuously strengthening its position as the best Indian brand.
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