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Sunday, August 11, 2013

Best Indian Brands That Won Million Hearts



Bangalore: India is getting recognized globally in terms of its business conglomerates. Though many companies have got global recognition, there are few brands in India that can never go out of a consumer’s mind.


Economic Times along with Interbrand conducted a study on ‘Best Indian Brands of 2013’ in which Tata tops the list. The study was based on financial performances of the products or services, purchase decision based on the brand, and the product’s competitive strength. 


Here is a list of 10 best brands in India, listed by Economic Times.





1. Tata Group
Rank: 1
Brand Value: $10.9 billion


Tata won the hearts of millions of customers across the world with its cheapest products like Nano to the most sophisticated brand like Jagaur.  


According to R Gopalakrishnan, executive director of Tata Sons, “Tata stands for one thing when it's on a car; something different when it is on a watch and quite another when it's telecom. It also means diverse things to different stakeholders - customers want quality and reliability, shareholders want good returns and business partners want profits.”


The study showed that the main reason for the success of Tatas in different business sectors is the excellence, understanding, integrity unity and responsibility.





2. Reliance Industries
Rank: 2
Brand value: $6.24 billion


The study ranked Reliance Industries as the second best brands in India. With a capital of just $300 dollars Dhirubhai Ambani started reliance industries in 1966.


The company has established global leadership in petrochemicals, refining, and oil and gas-related operations. Other division of its business includes cloth, retail business and special economic zone (SEZ) development. The company has annual revenue of over $66 billion. 



3. Bharti Airtel
Rank: 3
Brand value: $6.22 billion

Airtel is a private telecom company started by business tycoon Sunil Bharti Mittal in 1995. Initially the company was started with the introduction of push-button phones in India. Today Bharti Airtel has established itself as one of the largest telecom operators in the world. The company has its presence across 20 countries in Asia and Africa. 


The company has the total revenue of over of 20, 448 crore in March 2013.




4. State Bank of India
Rank: 4
Brand value: $3.84 billion


State Bank of India is one of the oldest and largest commercial banks in India in terms of profits, assets, deposits, branches and employees.


The bank has over 13,000 branches across India and has won several laurels to its credit. In 2009, it was listed as 29th most reputed company by Forbes.


Infact, in the study conducted on the best brands of 2010 by The Economic Times, SBI was the only banking sector which had made it to the list.




5. Infosys
Rank: 5
Brand value: $3.78 billion


The company which was started by seven engineers with just a capital of 10, 000 in 1981 is today one of the successful companies in India. It has the total revenue of $7.39 billion per annum.


The company has started its branch offices in United States, India, China, Australia, Japan, Middle East, and Europe with employees up to 155,000





6. HDFC Bank
Rank: 6
Brand value: $3.28 billion


The company was founded in 1994. From then, it has been constantly serving 28.7 million customers with its wide range of financial products and services.


The bank focuses its attention on four core values like customer focus, operational excellence, product leadership and people. With the proper use of technology and good service, HDFC has been successful in gaining its market share.


Infact, according to the survey conducted by ‘Institutional Investor’ HDFC was voted as one of the Best Bank in Asia.





7. Mahindra & Mahindra
Rank: 7
Brand value: $2.58 billion


In 1945, the company was started as a steel company in Ludhiana. Eventually the company started expanding into manufacturing and selling large MUVs.


Infact, over the years the company has started showing interest in new industries and in foreign markets. Mahindra & Mahindra also holds a stake in India’s first electric car company “Reva”.






8. ICICI Bank
Rank: 8
Brand value: $2.57 billion


The CEO of ICICI Bank Chanda Kochchar wants the company to be one of the top 20 banks globally. Today the bank has expanded 3,350 branches in India and has its presence in 19 countries.


ICICI bank has ranked under the most admired Indian companies by Fortune India.




9. Godrej
Rank: 9
Brand value: $2.45 billion


Godrej is one of the oldest Indian companies in India which was established 100 years ago. The company operates in many sectors like real estate, consumer products, industrial engineering, appliances, furniture, security and agricultural products.


In 1920, the company came out with a soap made up of vegetable oil which became a huge success. According to the Superbrand council products like Goodnight, Cinthol and Ezee are considered to be the best products.


10. Larsen &Toubro
Rank: 10
Brand value: $2.32 billion


Larsen &Toubro is a technologyengineering, construction and manufacturing company. The company not only operates in India, but also has its footprints across the world.


Today the company has the revenue worth $14 billion which is setting its bench mark including infrastructure, construction, hydrocarbon, defence and power

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