Question

According to Brand Finance India 100 2023,which company has retained its top position as the most valuable brand in India? 

A Tata Group Correct Answer Incorrect Answer
B Life Insurance Corporation of India Correct Answer Incorrect Answer
C Infosys Correct Answer Incorrect Answer
D Reliance Group Correct Answer Incorrect Answer
E None of these Correct Answer Incorrect Answer

Solution

   According to Brand Finance India 100 2023, at $26.38 billion, the Tata Group retained its position as the most valued brand in India.    Infosys retained the second spot in the rankings with a brand value of $13 billion. It was followed by the Life Insurance Corporation of India (LIC) with a value of $9.7 billion.      With a brand value of $7.5 billion, Airtel stood ahead of the Jio Group in the rankings. Jio Group stood in the 11th spot while its parent Reliance Group stood in the fifth spot with a brand value of $7.35 billion.     Among the banks, the State Bank of India (SBI) had the highest brand value of $7.33 billion. It was followed by HDFC Bank and ICICI Bank.      Moreover, Raymond emerged as the most valuable clothing brand in India with an 83.2 per cent rise in brand value to $273 million.

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