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Combined brand value of India's top 100 companies has reached $236.5 billion: Brand Finance
The combined brand value of India's top 100 companies has reached $236.5 billion, according to the
Brand Finance India 100
2025 report. The rankings reflect a year of steady gains for major Indian brands across sectors including technology, finance, infrastructure, and hospitality.
Tata Group has become the first Indian brand to exceed $30 billion in brand value, rising 10% to $31.6 billion. The group continues to build on its presence across industries such as electronics, electric vehicles, semiconductors, artificial intelligence and renewable energy.
The top 10 brands in the rankings showed strong double-digit growth overall. Infosys, now valued at $16.3 billion after a 15% increase, remains the country's second most valuable brand and continues to lead in the IT services sector.
Following its merger with HDFC Ltd., HDFC Group rose 37% to reach $14.2 billion, taking third place.
LIC
saw a 35% rise to $13.6 billion, putting it fourth, while HCLTech moved up one rank to eighth with a 17% increase to $8.9 billion.
Mahindra Group rose 9% to $7.2 billion and Larsen & Toubro (L&T) Group increased 3% to $7.4 billion. L&T's diversification into high-tech manufacturing, semiconductors and renewables supported its position.
Adani Group recorded the highest growth among all ranked brands, increasing its brand value by 82%. The report links this to its expanding infrastructure projects, growing focus on green energy and stronger brand visibility.
In terms of brand strength,
Taj Hotels
retained its position as the
strongest Indian brand
for the fourth straight year. With a
Brand Strength Index
score of 92.2 out of 100, it maintained its AAA+ rating.
Asian Paints
, with a score of 92, and Amul, at 91.2, followed close behind, both also receiving AAA+ ratings.
'India is embracing the 'Create in India' clarion call with renewed energy. Whether it's manufacturing, financial services, entertainment, holistic healing or hospitality, Brand Bharat is rewriting narratives globally,' said Ajimon Francis, Managing Director of Brand Finance India.
'The nation's economic vibrancy, digital infrastructure, and industrial expansion are turning its top brands into global beacons. In a challenging geopolitical order, India is finely balancing the hard power and soft power.'
Zomato
entered the top 100 for the first time, debuting at 39th with a brand value of $1 billion. Persistent Systems, which ranked 48th, posted a 33% increase to $811 million, the highest among Indian IT services brands. Birlasoft also entered the rankings in its sector with a value of $164 million.
HMEL moved up seven places to 49th, with a brand value of $656 million, continuing to gain attention in the energy space. Zetwerk, a seven-year-old engineering firm, ranked second in its category and was highlighted for its work in precision manufacturing, electronics, renewables and services.
The Brand Finance India 100 report includes insights into 11 sectors, ranging from banking and IT to hospitality and paints. It evaluates both brand value as the financial worth of a brand if licensed and brand strength, which measures performance across marketing, stakeholder perceptions and business outcomes.
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