Only 1 Indian Company In World's 100 Most Valuable Brands List; Amazon Beats Apple To Claim #1 Spot


Rohit Kulkarni

Rohit Kulkarni

Jan 22, 2023


According to the Brand Finance’s rankings for 2023, total of four Indian companies–TCS, Infosys, HCL Tech and Wipro–have been featured in the list of world’s top 10 most valuable IT service brands.

Only 1 Indian Company In World's 100 Most Valuable Brands List; Amazon Beats Apple To Claim #1 Spot

Brand Finance’s rankings for 2023:

With a 10 percent increase, Accenture must maintain its position as the most valuable IT services brand for the fifth consecutive year, increasing its brand valuation to US$39.9 billion. A Brand Strength Index (BSI) score of 87.8 out of 100 and a corresponding AAA brand rating have placed the company as the strongest brand in the IT services industry.

Tata Consultancy Services (TCS) of India is in second position with a 2 percent increase in brand value, bringing its valuation to US $17.2 billion. For clients transitioning to hybrid working this year, TCS provided several customized transformation programs.

With a valuation of $13.0 billion, an increase of 2%, Infosys also ranked among the top three most valuable IT services brands globally. Narayana Murthy founded the business in 1981, and Brand Finance highlighted the AAA brand strength rating of the organization.

HCL Tech and Wipro have been ranked eighth and ninth, respectively, in the list.

Another Indian brand that made it to the top 25 is LTIMindtree — brand value up by 75 per cent to US$1.9 billion. After a successful merger between L&T Infotech and Mindtree in 2022, LTIMindtree has become the fastest-growing IT services brand globally.

Explained Economics |IT sector: Challenges remain, but not a bad bet for investors

Fastest growing brand – Tech Mahindra:

According to the report, Tech Mahindra, owned by billionaire Anand Mahindra, is one of the fastest-growing brands in the world with a brand value of US$3.5 billion, up by 15%. This year, the company moved up four spots in the rankings, from fifteenth to eleventh, the biggest rise of any brand.

Mukesh Ambani, the chairman and managing director of Reliance Industries, is ranked second globally and first among Indians in the Global 500 2023 report, which was also released by Brand Finance.


Rohit Kulkarni
Rohit Kulkarni
  • 62 Posts

Subscribe Now!

Get latest news and views related to startups, tech and business

You Might Also Like

Business
Dec. 8, 2022

Beat The Burden Of Medical Inflation With A Health Insurance

As disease rates rise and medical technology develops, treatment costs climb. It’s essential to understand that medical costs are not exclusively associated with hospitals. The cost of prescription drugs, diagnostic procedures, ambulance and operating room fees, consultations with doctors, and other costs are also constantly increasing. All of them could put a big strain on […]

Business
Dec. 8, 2022

3 Biggest Changes Of iOS 16.2 Update That Every iPhone User Should Know!

In its latest update Apple said that it is preparing for the iOS 16.2 update for iPhones across the world. Notably, like the previous release, there are a couple of changes coming for the iPhones.  Contents1 iOS 16.2 Update Release Date2 iOS 16.2 Update Big Features3 1. Always On Display Mods4 2. 5G Support in […]

Business
Dec. 8, 2022

300 Microsoft Employees Create Employee Union, First Time Ever: This Is How Microsoft Reacted

Around 300 workers at Microsoft Corp.’s ZeniMax Studios have commenced the process of forming a union which is said to be the first at the software giant in the US.  Here, Microsoft Corp.’s ZeniMax Studios known for popular video games including Skyrim and Fallout. Forming Union In Microsoft Corp Moreover, the quality assurance employees at […]

Business
Dec. 7, 2022

India Beats China In Air Travel Safety: Ranking Jumps From 102 To 48 In Global Aviation Safety

India’s air safety protocols and executions have improved drastically over the years, as validated by the findings of a specialized agency of the United Nations, the International Civil Aviation Organization or ICAO. The UN watchdog has upgraded India’s ranking in terms of aviation safety to the 48th position, jumping past the rankings of countries like […]

Recent Posts

Related Videos

   

Subscribe Now!

Get latest news and views related to startups, tech and business

who's online