TCS, HDFC Bank, Airtel, and Infosys Among Top 100 in Kantar Brandz 2024 Global Rankings

mohammad haris mohammad haris | 06-13 16:11

Tata Consultancy Services (TCS), HDFC Bank, Airtel, and Infosys are the four Indian companies that have secured positions in the top-100 most valuable brands globally, according to the Kantar Brandz 2024 Report. TCS leads among these with a valuation of $44.79 billion, ranking 46th.

HDFC Bank follows closely at 47th with a $43.26 billion valuation, while Airtel and Infosys are ranked 73rd and 74th, valued at $25.26 billion and $24.68 billion, respectively. Additionally, TCS is among the top 20 in the Business Technology and Services Platforms category, reflecting its strong presence in this sector.

The cumulative brand value of all Indian brands in the top 100 exceeds $130 billion, highlighting the significant impact of these companies on the global stage. TCS, India’s largest IT services company, continues to demonstrate robust growth. HDFC Bank, the largest private sector bank in India, also shows a strong valuation. Airtel remains the dominant mobile network service provider, and Infosys maintains its position as the second-largest IT major in India.

Compared to 2023, these companies have shown remarkable improvement. Last year, TCS was in the 42nd spot, followed by HDFC Bank at 56th, Infosys at 66th, and Airtel at 76th. The upward movement in rankings for all four companies underscores their growing influence and value in the global market.

Top Global Brands:

  • Apple: $1.01 trillion
  • Google: $753.47 billion
  • Microsoft: $712.88 billion
  • Amazon: $576.62 billion
  • McDonald’s: $221.90 billion
  • Nvidia: $201.8 billion
  • Visa: $188.92 billion
  • Facebook: $166.75 billion
  • Oracle: $145.49 billion
  • Tencent: $135.21 billion

The report indicates a 45% growth in the business technology and services platforms category, driven by the excitement around advanced artificial intelligence (AI). This sector’s remarkable expansion has significantly contributed to the overall increase in brand values.

Overall, the total value of the Kantar BrandZ Top 100 Most Valuable Global Brands has increased by 20%, showcasing a significant recovery from last year’s stock market downturn. This turnaround is a positive indicator for the global economy. The findings are based on the opinions of over 4.3 million respondents and data from around 21,000 brands across 532 categories.

About the Author
Mohammad Haris
Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to markets, economy and companies. Having a decade of experi...Read More

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