Tata retains title of India's most valuable brand, Tata Group tops $25 bn in brand value in 2023

Tata retains title of India's most valuable brand, Tata Group tops $25 bn in brand value in 2023

Daily Current Affairs   /   Tata retains title of India's most valuable brand, Tata Group tops $25 bn in brand value in 2023

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Category : International Published on: June 09 2023

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  • The Tata Group has retained its title of India’s most valuable brand at $26.4 billion in 2023, growing at 10.3% over last year as per brand valuation firm Brand Finance in its latest ranking of the country’s leading brands.
  • This is the first time that an Indian brand has breached the brand value mark of $25 billion to feature in the top 100 of the Brand Finance Global 500 2023 list.
  • Infosys and LIC also retained their positions as the second and third most-valuable brands at $13 billion and $9.8 billion each.
  • While Infosys’ brand value grew 2% versus over year, LIC’s brand value declined 12% in comparison to last year.
  • Airtel swapped positions with Reliance Industries (RIL) to emerge as the fourth most-valued brand at $7.5 billion in 2023 (it was fifth last year).
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