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Kantar 2023 Report Reveals Interesting Insights About Most Valuable Indian Brands

The latest list shows the total brand value of India's top 75 brands in 2023.

| Published on September 29, 2023

Kantar has released a list of 75 most valuable Indian brands and the results are very interesting. The study reveals that the country’s top 75 brands have a combined brand value of $379 billion, with a decrease of 4% as compared to 2022.

Kantar Indian Brands

According to the report, TCS is India’s most valuable brand for the second consecutive year with a whopping valuation of US $43 billion. The other leaders in this list are HDFC Bank, Infosys, Airtel and State Bank of India.

Here are some key takeaways about Indian brands from Kantar BrandZ 2023 report:

  • India’s Automobile industry has given two fastest risers namely- TVS ($1.90bn) and Mahindra ($2.01bn). These both have gained 59% and 48% respectively in value.
  • Telecom sector has also performed well with a 17% rise in total brand value. Whereas, the value of Financial Services brands increased 6%. Also, two new entrants (PhonePe and Cred) of this year’s report belong to the Fintech sector. ShareChat and Star are the other two new entrants in this year’s list.

As per the report, below are the top 10 companies according to brand value:

Rank Brand                                                              Brand Value 2023 ($M US)   
1 Tata Consultancy Services                         42,869
2 HDFC Bank                                                    33,612
3 Infosys                                                             24,170
4 Airtel                                                                22,517
5 State Bank of India                                       14,483
6 ICICI Bank                                                       12,976
7 Asian Paints                                                   12,839
8 Jio                                                                     11,773
9 Kotak Mahindra Bank                                 10,332
10 HCL Tech                                                         9,361

You can read the complete report here

Also Read: Kantar Report: Parle Reigns As India’s Top FMCG Brand

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