The decline in the total value of top 75 brands has been driven by brands in the business technology and services platforms category, which have a major presence in international markets, and therefore have been impacted by global pressures, recession threats and geopolitical instability.
Tata Consultancy Services (TCS) has retained its top position as India s most valuable brand for the second year in a row, with a brand value of $43 billion. HDFC, Infosys, and Airtel ranked second, third, and fourth respectively, while State Bank of India entered the top five.
World Brand Lab has exclusively published the 20th edition of the 2023 China s 500 Most Valuable Brands list, which was officially unveiled on June 15, 2023