Top 10 Most Valuable Brands in India

The total value of India’s top 100 brands has increased by 2 percent, from $162.1 billion in 2020 to $164.9 billion in 2021, according to the latest Brand Finance India 100 2021 report. This uplift in brand value over the course of the first year of the pandemic is an impressive feat given the global economic crisis following the implementation of lockdowns in March 2020, when business activity was brought to a halt, affecting both production and consumption. Sectors including IT, healthcare, utilities, chemicals, edutech, banking, and construction have proved their efficiency in supporting the economy. Here are the top 10 most valuable Indian brands.

List of Top 10 Most Valuable Indian Brands

10. Jio - $4,815 million

9. Mahindra Rise - $5,378 million

8. HCL - $5,524 million

7. State Bank of India (SBI) - $5,843 million

6. Airtel - $6,069 million

5. HDFC bank - $6,588 million

4. Reliance Industries - $8138 million

3. Infosys - $8,402 million

2. LIC - $8,655 million

1. Tata Group - $21,283 million

Detailed Information of Top 10 most valuable Indian brands

10. Jio - $4,815 million

Photo: CNBC TV18

Reliance Jio Infocomm Limited, doing business as Jio, is an Indian telecommunications company and a subsidiary of Jio Platforms, headquartered in Mumbai, Maharashtra, India. It operates a national LTE network with coverage across all 22 telecom circles. It does not offer 2G or 3G service, and instead uses only voice over LTE to provide voice service on its 4G network.

Jio soft launched on 27 December 2015 with a beta for partners and employees, and became publicly available on 5 September 2016. It is the largest mobile network operator in India and the third largest mobile network operator in the world with over 41.08 crore (410.8 million) subscribers.

In September 2019, Jio launched a fiber to the home service, offering home broadband, television, and telephone services. As of September 2020, Reliance Industries has raised ₹1.65 lakh crore (US$23 billion) by selling nearly 33% equity stake in Jio Platforms.

9. Mahindra Rise - $5,378 million

Photo: Mahindra Rise

Mahindra Group is an Indian multinational conglomerate headquartered in Mumbai, Maharashtra, India. It has operations in over 100 countries around the globe. The group has a presence in aerospace, agribusiness, aftermarket, automotive, components, construction equipment, defence, energy, farm equipment, finance and insurance, industrial equipment, information technology, leisure and hospitality, logistics, real estate, retail, education and two wheelers. It is considered to be one of the most reputable Indian industrial houses with market leadership in utility vehicles as well as tractors in India.

8. HCL - $5,524 million

Photo: HCL Group

HCL Technologies is an Indian multinational information technology (IT) services and consulting company, headquartered in Noida, Uttar Pradesh, India. It is a subsidiary of HCL Enterprise. Originally a research and development division of HCL, it emerged as an independent company in 1991 when HCL entered into the software services business.The company has offices in 32 countries including United Kingdom, United States, France, and Germany with a worldwide network of R&D, "innovation labs" and "delivery centers", over 159,000 employees and its customers include 250 of the Fortune 500 and 650 of the Global 2,000 companies.

It operates across sectors including aerospace and defense, automotive, banking, capital markets, chemical and process industries, energy and utilities, healthcare, hi-tech, industrial manufacturing, consumer goods, insurance, life sciences, manufacturing, media and entertainment, mining and natural resources, oil and gas, retail, telecom, and travel, transportation, logistics & hospitality.

HCL Technologies is on the Forbes Global 2000 list. It is among the top 20 largest publicly traded companies in India with a market capitalisation of $21.5 billion as of May 2019. As of July 2020, the company, along with its subsidiaries, had a consolidated annual revenue of ₹71,265 crore (US$10 billion).

7. State Bank of India (SBI) - $5,843 million

Photo: The Economic Times

State Bank of India (SBI) is an Indian multinational, public sector banking and financial services statutory body headquartered in Mumbai, Maharashtra. SBI is the 43rd largest bank in the world and ranked 221st in the Fortune Global 500 list of the world's biggest corporations of 2020, being the only Indian bank on the list. It is a public sector bank and the largest bank in India with a 23% market share by assets and a 25% share of the total loan and deposits market. It is also the fifth largest employer in India with nearly 250,000 employees.

The bank descends from the Bank of Calcutta, founded in 1806 via the Imperial Bank of India, making it the oldest commercial bank in the Indian Subcontinent. The Bank of Madras merged into the other two presidency banks in British India, the Bank of Calcutta and the Bank of Bombay, to form the Imperial Bank of India, which in turn became the State Bank of India in 1955. The Government of India took control of the Imperial Bank of India in 1955, with Reserve Bank of India (India's central bank) taking a 60% stake, renaming it State Bank of India.

6. Airtel - $6,069 million

Photo: ET Telecom

Bharti Airtel Limited, also known as Airtel, is an Indian multinational telecommunications services company based in New Delhi, India. It operates in 18 countries across South Asia and Africa, as well as the Channel Islands. Airtel provides 2G, 4G LTE, 4G+ mobile services, fixed line broadband and voice services depending upon the country of operation. Airtel had also rolled out its VoLTE technology across all Indian telecom circles. It is the second largest mobile network operator in India and the second largest mobile network operator in the world with over 457.96 million (45.796 crore) subscribers and 355 million subscribers in India. Airtel was named India's 2nd most valuable brand in the first ever Brandz ranking by Millward Brown and WPP plc.

5. HDFC bank - $6,588 million

Photo: Mint

HDFC Bank Limited is an Indian banking and financial services company, headquartered in Mumbai, Maharashtra. HDFC Bank is India’s largest private sector bank by assets and by market capitalisation as of April 2021. It is the third largest company by market capitalisation on the Indian stock exchanges. It is also the thirteenth largest employer in India with nearly 120,000 employees.

4. Reliance Industries - $8138 million

Photo: The Financial Express

Reliance Industries Limited (RIL) is an Indian multinational conglomerate headquartered in Mumbai. Reliance owns businesses across India engaged in energy, petrochemicals, textiles, natural resources, retail, and telecommunications. Reliance is one of the most profitable companies in India, the largest publicly traded company in India by market capitalisation, and the largest company in India as measured by revenue after recently surpassing the government-controlled Indian Oil Corporation. It is also the eighth largest employer in India with nearly 195,000 employees. On 10 September 2020, Reliance Industries became the first Indian company to cross $200 billion in market capitalisation.

The company is ranked 96th on the Fortune Global 500 list of the world's biggest corporations as of 2020. It is ranked 8th among the Top 250 Global Energy Companies by Platts as of 2016. Reliance continues to be India's largest exporter, accounting for 8% of India's total merchandise exports with a value of ₹1,47,755 crore and access to markets in 108 countries. Reliance is responsible for almost 5% of the government of India's total revenues from customs and excise duty. It is also the highest income tax payer in the private sector in India.

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3. Infosys - $8,402 million

The Economic Times

Infosys Limited is an Indian multinational information technology company that provides business consulting, information technology and outsourcing services. The company is headquartered in Bangalore. Infosys is the second-largest Indian IT company after Tata Consultancy Services by 2020 revenue figures and the 602nd largest public company in the world according to Forbes Global 2000 ranking. On 31 December 2020, its market capitalisation was $71.92 billion. The credit rating of the company is A− (rating by Standard & Poor's).

2. LIC - $8,655 million

Photo: Business Today

Life Insurance Corporation of India (abbreviated as LIC) is an Indian government owned insurance and investment corporation. It is under the ownership of Ministry of Finance , Government of India.

The Life insurance Corporation of India was established on September 1, 1956, when the Parliament of India passed the Life Insurance of India Act that nationalized the insurance industry in India. Over 245 insurance companies and provident societies were merged to create the state-owned Life Insurance Corporation of India.

As of 2019, Life Insurance Corporation of India had total life fund of ₹28.3 trillion. The total value of sold policies in the year 2018–19 is ₹21.4 million. Life Insurance Corporation of India settled 26 million claims in 2018–19. It has 290 million policy holders.

1. Tata Group - $21,283 million

Photo: Nikkei Asia

Tata Group is an Indian multinational conglomerate headquartered in Mumbai, Maharashtra, India. Founded in 1868 by Jamshedji Tata, the company gained international recognition after purchasing several global companies. It is one of the biggest and oldest industrial groups in India. Each Tata company operates independently under the guidance and supervision of its own board of directors and shareholders.

Significant Tata affiliates include Tata Chemicals, Tata Communications, Tata Consultancy Services, Tata Consumer Products, Tata Elxsi, Tata Motors, Tata Power, Tata Steel, Jamshedpur FC, Tanishq, Voltas, Tata Cliq, Tata Projects Limited, Tata Capital, Titan, Trent, Indian Hotels Company Limited, TajAir, Vistara, Cromā, and Tata Starbucks.

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