HDFC Bank emerges as India's most valuable brand; Reliance Jio placed 9th among list of top 10 brands

The list of top ten brands, prepared by the world's largest media buyer WPP, includes companies from banking, financial services and insurance, telecom and auto segments

Press Trust of India September 26, 2019 08:08:19 IST
HDFC Bank emerges as India's most valuable brand; Reliance Jio placed 9th among list of top 10 brands
  • The largest private sector lender HDFC Bank has emerged as the most valued Indian brand at $22.70 billion

  • Reliance Jio's value went up by 34% to to $5.47 billion

  • The list of top ten brands, prepared by the world's largest media buyer WPP, includes companies from banking, financial services and insurance, telecom and auto segments

The largest private sector lender HDFC Bank has emerged as the most valued Indian brand at $22.70 billion.

The list of top ten brands, prepared by the world's largest media buyer WPP, includes companies from banking, financial services and insurance, telecom and auto segments.

HDFC Bank emerges as Indias most valuable brand Reliance Jio placed 9th among list of top 10 brands

Representational image. Reuters.

A brand's overall fortunes had a direct bearing on the brand valuations, as seen in the telecom space, where Airtel's value fell by 10 percent to $10 billion, while Reliance Jio's value went up by 34 percent to $5.47 billion. The Mukesh Ambani-run largest telco was placed ninth in the list of brands, while the second-largest telcom firm was still holding to the fourth place.

Among the state-run companies, insurance behemoth LIC was placed second, valued at $20 billion with a 2 percent growth, while banking giant SBI was fifth at $8.40 billion with a surge of 7 percent.

A slowdown in the auto sector seemed to be playing on the valuations of largest carmaker Maruti Suzuki, which had its brand value come down by 14 percent to $5.93 billion.

(Disclosure - Reliance Industries Ltd. is the sole beneficiary of Independent Media Trust which controls Network18 Media & Investments Ltd)

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