Tata\, LIC\, Reliance most valued brands but Covid may spoil the equation

Tata, LIC, Reliance most valued brands but Covid may spoil the equation

Tata group holds on to the top rank while Reliance climbs a spot; Indian Oil debuts in the top 10 list with a 41% jump in brand value

Topics
Coronavirus | Tata group | LIC

Arundhuti Dasgupta  |  Mumbai 

The Tata group topped the charts yet again this year, to continue as the country’s most valued brand, according to a report released by Brand Finance on Monday.

The group has also become the first Indian brand to breach the $20 billion mark in its valuation (up from $18 billion last year). However with just a 2.3 per cent increase in brand value, the slowest ever in the past three years and the weakest among the top 10 (except for Airtel that has seen a drop in brand value), the brand could be up for a huge challenge this year, as Covid-19 wreaks havoc on businesses of all shades and ...

First Published: Mon, June 01 2020. 21:44 IST