Tata Moves Up in Global Brand Rankings, Now 41st Most Valuable
Tata Group, the Indian multinational conglomerate, has improved its ranking in the list of top 100 most valuable global brands, according to a recent survey conducted by Brand Finance. The group has moved up the ranks from 50th position to 41st, while US-based firms continue to dominate the top five spots. Google, Microsoft, Apple, IBM, and Wal-Mart occupy the first five ranks, with Google retaining its position as the most valuable global brand with a brand value of $48.278 billion.
Key Takeaways:
- Tata Group moved up from 50th rank to 41st in the list of top 100 most valuable global brands, as per Brand Finance survey.
- Five US-based firms, Google, Microsoft, Apple, IBM, and Wal-Mart, occupy the top five ranks, with Google maintaining its position as the most valuable global brand.
- Google's brand value is pegged at $48.278 billion, followed by Apple ($39.301 billion), Microsoft ($39.05 billion), IBM ($35.981 billion), and Wal-Mart ($34.997 billion).
- Last year, Apple was ranked 8th, but it jumped to the 2nd position this year, showcasing a significant growth in its business and popularity.
- HSBC emerged as the world's most valuable financial services brand, settling at number 10 position in the list.
- The bank of America slipped to number 14 positions with a decline of $5.3 billion in its brand value.
- Pepsi secured 25th rank with a brand value of $19.1 billion.
Statistics:
- Google's brand value: $48.278 billion
- Apple's brand value: $39.301 billion
- Microsoft's brand value: $39.05 billion
- IBM's brand value: $35.981 billion
- Wal-Mart's brand value: $34.997 billion
- Tata Group's brand value: Not explicitly stated in the article
- HSBC's rank: 10th
- The bank of America's rank: 14th
- Pepsi's rank: 25th
Sources:
- Domain-B
- Brand Finance