According to the FutureBrand Index 2024, what is Reliance Industries Ltd's global brand ranking?

Solution

According to the recently released FutureBrand Index 2024, Reliance Industries Ltd has been ranked as the second-best brand globally, representing a remarkable improvement from its 13th position in 2023. The FutureBrand Index reorders the top 100 global companies by market capitalization based on their brand perception, focusing on how they balance 18 attributes across Purpose and Experience to position themselves for future success. This prestigious ranking highlights brands that continuously evolve their strategies to deliver on both brand purpose and experience while staying ahead of market shifts. Reliance Industries Ltd is the only Indian brand to feature in this global list, which is topped by South Korean brand Samsung. Apple secured the third position, followed by Nike (USA) and ASML (Netherlands) completing the top five. This significant advancement in Reliance's global brand perception reflects its strategic initiatives and growing international prominence in the corporate landscape.