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