TCS, one of the world’s largest IT companies, has become the most valuable brand in the country. TCS has achieved this position by beating Mukesh Ambani’s Renaissance Industries. By the way, Reliance Industries is on the second rung. According to the world’s renowned global brand consultancy firm Interbrand, TCS continues to top the list of 50 most valuable Indian brands in 2023 with a brand value of Rs 1.09 lakh crore. Mukesh Ambani’s Reliance Industries Limited is in second place with a brand value of Rs 65,320 crore. Mukesh Ambani’s telecom and digital unit Jio is also in the top 5 with a brand value of Rs 49,027 crore.
167 percent growth shown
Interbrand said that this is their 10th edition. For the first time he presented the report in 2014. In the last ten years, the joint brand value of the companies present in this list has reached 100 billion dollars i.e. 8.3 lakh crore rupees. During this period, there has been an increase of 167 percent in the brand value of the companies. The special thing is that the top 3 have 46 percent of the total value of the top 10 brands. Apart from this, 40 percent of the top total brand value is with the top five.
These companies are also included in the top 10
At present, IT company Infosys is at number three, whose brand value is Rs 53,323 crore. HDFC is at number four and Jio at number five. Top 10 includes Airtel, LIC, Mahindra, State Bank of India and ICICI. FMCG is one of the fastest growing sectors in the last ten years. Whose CGAR has been seen at 25 percent. After this, there has been an annual growth of 17 percent in housing and infra and 14 percent in tech. Interband said that the brand value of the top 10 companies is Rs 4.9 lakh crore, which is more than the combined value of the remaining 40 brands in the list, which is Rs 3.3 lakh crore.