Assessments

India’s Most Valuable Brands: Top 40

Interbrand released its fifth edition of the annual Best Indian Brands list earlier this week. Tata Group topped it for the fifth consecutive year.

Tata Group has secured the topmost position at The Best Indian Brands 2017 list, compiled by Interbrand India, a brand consultancy firm, says a news report. The list, released earlier this week, names 40 Indian brands, and more than half of them are from five key sectors – automotive, diversified, financial service, telecom and technology. Diversified groups, like Tata, make up nearly 40% of total brand value of this years’ edition.

Tata Group, a giant conglomerate, with a brand valuation of Rs. 73,944 crore, topped the list for the fifth consecutive year, despite witnessing internal turbulence last year. Reliance Industries, led by Mukesh Ambani, secured the second spot, replacing Airtel from last year. While Reliance’s brand value has been pegged at Rs. 38,212 crore, Airtel’s value stood at Rs. 36, 927 crore (a growth of 9% and 5% respectively). Next in the list were HFDC and LIC, both growing their brand valuations at 9% each, from last year.

Others who made it to the top ten are SBI, Infosys, Mahindra, ICICI and Godrej. Among all these names, only ICICI saw a drop in its brand valuation, of 3%, and all others registered a growth, even if of a marginal 1%. Cumulatively, the total brand value of the top 10 brands, over the past 4 years, has increased by 25%, and in the last one year by 4%. Overall, the combined total value of all the top 40 brands is Rs. 4, 75, 570 crore – an increase of 5% from last year. New entries this year include: Royal Enfield and Ambuja Cement. However, it is important to note that not a single Indian brand made it to the list of Interbrand’s Best Global Brand list.

Ashish Mishra, Interbrand India’ Managing Director, has been quoted in the report, “The top growing Best Indian Brands have begun to understand and demonstrate the levers that drive growth and value. Maruti Suzuki our top growing brand for the second year in a row (posting a growth of 19 per cent this year), has done an exemplary job with Reliance, Kotak, JSW, HDFC and Ashok Leyland not far behind.”

Here is the complete list of the Best Indian Brands 2017, as released by Interbrand India: