Four Indian Companies Among Top 100 Most Valuable Global Brands in 2024

GG News Bureau
New Delhi, 13th June. 
Four Indian companies have secured spots on the prestigious list of the 100 most valuable global brands this year. The Kantar BrandZ Most Valuable Global Brands Report 2024 reveals that Tata Consultancy Services (TCS), HDFC Bank, Airtel, and Infosys are among the world’s leading brands. At the top of the list, for the third consecutive year, is Apple, which has achieved a historic milestone by becoming the first brand to surpass $1 trillion in value.

In the 2024 rankings, TCS is the highest-placed Indian brand at 46th, with a valuation of approximately $44.8 billion. Close behind, HDFC Bank ranks 47th with a brand value of around $43.3 billion. Airtel holds the 73rd position, valued at about $25.3 billion, while Infosys follows at 74th, with a brand value of around $24.7 billion. Collectively, the brand value of these Indian companies exceeds $130 billion.

This marks a significant improvement from 2023, when TCS was ranked 42nd, followed by HDFC Bank at 56th, Infosys at 66th, and Airtel at 76th.

Global Top Brands
At the top of the global rankings, Apple maintains its position as the world’s most valuable brand, with a valuation of over $1 trillion. Google secures the second spot with a brand value of approximately $753.5 billion, while Microsoft holds third place at $712.9 billion. Amazon and McDonald’s round out the top five, valued at $576.6 billion and $221.9 billion respectively.

Notably, NVIDIA has experienced the highest brand value increase, jumping 18 places to sixth position with a brand value surge of 178%, reaching around $201.8 billion. Other brands in the top 10 include Visa ($188.9 billion), Facebook ($166.8 billion), Oracle ($145.5 billion), and Tencent ($135.2 billion).

Newcomers and Insights
This year’s list includes five newcomers, such as Lululemon at 92nd and Corona at 100th. The report underscores the rapid growth of the business technology and services platforms category, which saw a 45% increase in total value, driven partly by the excitement surrounding advanced artificial intelligence (AI).

The total value of the Kantar BrandZ Top 100 Most Valuable Global Brands has risen by 20%, marking a significant rebound following last year’s downturn due to stock market fluctuations. The report’s findings are based on the opinions of more than 4.3 million respondents and cover around 21,000 brands across 532 categories.

This achievement highlights the growing global recognition and impact of Indian brands on the international stage, reflecting their resilience and innovative capabilities in a competitive market.

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