Home »  Money

HDFC Bank is at the top of the brand value chart in India; Airtel comes second

Wednesday, 20 August 2014 - 4:20pm IST | Place: Mumbai | Agency: DNA Webdesk

HDFC Bank has been named as India's to brand by a report published by marketing and brand consultancy Millward Brown in conjunction with communications group WPP. According to media reports, the brand has been valued at $9.4 billion or more than Rs 56000 crore.

Airtel which is India's largest telecom operator came second in the list with a brand value of $8.2 billion.

The other big names in the top 10 were State Bank of India ($6.8 billion), ICICI Bank ($3.5 billion), Bajaj Auto ($3 billion), Asian Paints, Hero MotoCorp, Idea, Kotak Mahindra Bank and Reliance Communications.

The combined brand value of the top 50 Most Valuable Indian Brands is almost $70 billion or Rs. 4.2 lakh crore. 

Some of the interesting points in the report that has come through in various media reports are:

In the Top 50 list, 17 are multinational corporations (MNCs), 26 are private Indian brands, and seven are state-owned brands. Banking, telecom, insurance and such service businesses have been prominent if the list is seen sectorally since seven of the top 10 brands are from the service sector.

 




Jump to comments