Ratan Tata's Tata Group has become the country's largest prestigious brand
Tata Group: The Tata Group of the great philanthropist Ratan Tata has become the most valuable brand in India. IT major Infosys and finance industry giants have been left behind in the list of valuable companies. In the list of most valuable companies, Infosys is at the second position and HDFC Group is at the third position. According to a recent report by Brand Finance, a brand valuation consultancy, the brand value of the multi-business Tata Group has increased by nine per cent to $28.6 billion. The Tata Group is the first Indian brand to reach a brand value of $30 billion, according to the report. Infosys, the second-ranked IT company with a valuation of $14.2 billion, posted a strong growth of nine percent. Despite the slowdown in the global IT services industry, its brand value is estimated at $14.2 billion. HDFC Group has become the third largest Indian brand with a valuation of $10.4 billion. HDFC has gained strength after its merger with housing finance major HDFC Ltd last year. The Brand Finance report says that the brand value of banking divisions has increased in double digits. In this, Indian Bank, IndusInd Bank and Union Bank are leading. The brand value of the telecom sector increased by a maximum of 61 percent. After this, the banking sector recorded an average growth of 26 per cent, while the mining, iron and steel sector recorded an average growth of 16 per cent. Also Read: Harshad Mehta's Favorite Stock Made Billionaires Billionaires, What State of Telecom Industry Has Accelerated by Consumer Devices Today Telecom companies like Reliance Jio, Bharti Airtel, Vodafone Idea have been accelerated by consumer devices. .accelerated by developmental methods. Structural and regulatory reforms in the banking sector have boosted the brand value of major public sector banks. Taj, the Tata Group's hospitality brand, continues to strengthen its position as a top Indian brand, according to Brand Finance. Also Read: Gold Price: Gold Value, Silver Stop, Ratan Tata's Tata Group Becomes Country's Largest Valuable Brand