India’s largest private sector lender HDFC Bank has as the most valued brand in the country at USD 22.70 billion.
The list of top ten brands, prepared by the worlds largest media buyer WPP and Kantar, includes companies from banking, financial services and insurance, telecom and auto segments.
This year’s results revealed a 6% rise in overall brand value to $228.2 billion, a moderate pace compared to previous years, given India’s recent macroeconomic challenges.
Slowdown in the auto sector seemed to be playing on the valuations of Maruti Suzuki, which saw a downfall of 14 per cent in its brand value and now stands with USD 5.93 billion.
Top 10 Most Valuable Indian Brands 2019
| Rank 2019 |
Brand |
Category |
Brand Value 2019 ($M USD) |
Brand Value Change |
|
1 |
HDFC Bank | Banks |
22,705 |
+5% |
|
2 |
LIC | Insurance |
20,134 |
+2% |
|
3 |
Tata Consultancy Services | Technology |
18,161 |
+21% |
|
4 |
Airtel | Telecom providers |
10,286 |
-10% |
|
5 |
State Bank of India | Banks |
8,408 |
+7% |
|
6 |
Kotak Mahindra Bank | Banks |
7,637 |
+15% |
|
7 |
Asian Paints | Paints |
6,988 |
+14% |
|
8 |
Maruti Suzuki | Automobiles |
5,934 |
-14% |
|
9 |
Jio | Telecom providers |
5,472 |
+34% |
|
10 |
ICICI Bank | Banks |
5,403 |
+11% |
