New Delhi: India’s IT majors Tata Consultancy Services (TCS) and Infosys, private lender HDFC Bank, and state-backed insurer Life Insurance Corporation of India (LIC) have been included in the top 100 ‘Most Valuable Global Brands’ report released by Data Analytics. . and the brand consulting company Kantar. According to the 2022 Kantar BrandZ global ranking, four US-tech companies — Apple, Google, Amazon and Microsoft — are the most valuable firms in the world. China’s Tencent was ranked fifth in the report released earlier this week.
Among Indian companies, TCS was ranked as the hottest firm in the country. In the overall rankings, TCS was ranked 46th, with an estimated brand valuation of $50 billion. According to the report, the IT giant was also the second largest brand in the Asia Pacific region, behind only consumer electronics giant Samsung. (Also read:
Meanwhile, Infosys ranked 64th on the list with an estimated brand valuation of $33 billion. According to the latest Kantar report, it was the third largest Indian company in terms of brand value. (Also read: Net direct tax collection jumps 45% in 2022-23 till June 16)
On the other hand, HDFC Bank was ranked 61st in the overall global rankings. According to the report, the lender was the second most valuable Indian brand. Overall, HDFC was the fourth largest bank globally. (Also Read: Netizens Say ‘Guptaji’s Boy Rocks’ After Shark Tank India’s Aman Gupta Award)
Kantar valued LIC at $23 billion, helping the insurer to secure the 92nd position in the 2022 Kantar BrandZ global rankings.
Meanwhile, Apple secured pole position in the report with a brand value of $947 billion. Apple was followed by Google, Amazon and Microsoft with brand values of $820 billion, $706 billion and $611 billion, respectively.
China’s Tencent, the Chinese multinational technology and entertainment conglomerate, ranked fifth with a brand value of $214 billion. Other popular companies in the top 10 include McDonald’s, Visa, Facebook, Alibaba and Louis Vuitton.