The services sector (banking, telecoms and insurance) accounts for seven of the top ten brands, according to the first ever
BrandZ Top 50 Most Valuable Indian Brands ranking, which was announced on August 19.
The combined Brand Value of all the brands in the ranking is almost $70bn. India's unrestricted 'right to play' has made
India a brand powerhouse, the BrandZ Ranking notes. The Top 50 come from 13 different categories. Seventeen are
multi-national corporations (MNCs), 26 are private Indian brands and seven are state-owned brands.
The ranking was topped by HDFC Bank, which has a network in more than 2,100 cities. The average Brand Contribution (a measure
of the impact brand alone has on value) of the Top 5 brands is far higher than the overall average of the Top 50.
Here's a look at the top ten brands in the ranking.
Image courtesy: Reuters