India 100 2024

Investment Rating - The report does not explicitly provide an investment rating for the industry or companies involved Core Insights - The Indian brands have shown significant growth, with Tata Group retaining the top position with a brand value of USD28.6 billion, reflecting a 9% increase [18][19] - The banking sector has demonstrated impressive growth, with HDFC Group rising to the third position due to its merger with HDFC Ltd, showcasing a strong push on technology and customer sensitivity [19][35] - The telecom sector achieved a remarkable 61% growth in brand value, indicating a robust performance across various sectors [18] - Taj Hotels has been recognized as the strongest Indian brand for the third consecutive year, with a brand strength rating of AAA+ [22][45] Summary by Sections Ranking Analysis - Tata Group leads with a brand value of USD28.6 billion, followed by Infosys at USD14.2 billion and HDFC Group at USD10.4 billion [19][21] - The fastest-growing brands include Westside with a 122% increase, Motherson at 86%, and Sonata Software at 83% [24] - The top five sectors by brand value include Diversified (USD60.2 billion), Banking (USD39.9 billion), and IT Services (USD24.7 billion) [25] Sector Rankings & Analysis - The automobile sector is led by Mahindra with a brand value of USD3.4 billion, while Bajaj Auto saw a 15% increase [31][33] - In the banking sector, HDFC Bank leads with a brand value of USD9.4 billion, reflecting a 38% growth [34][35] - Ultratech Cement dominates the building materials sector with a brand value of USD1.4 billion, growing by 26% [40] - The IT Services sector is led by TCS with a brand value of USD19.2 billion, followed by Infosys at USD14.2 billion [48][49] - Tata Steel leads the mining sector with a brand value of USD2.9 billion, marking a 28% increase [51][52] - Indian Oil tops the oil and gas sector with a brand value of USD5.1 billion, growing by 24% [54][55] - MRF remains the top tyre brand with a value of USD606 million, despite a 9% decline [56]