Correct Answer : Tata Group
Though the Tata Group continues to be the only Indian representative among the top 100 most valued brands globally, its ranking has slipped by one position to 78 this year, from 77 last year. The brand value of Tata Group is US$23.9 billion.
Meanwhile, Reliance Industries (RIL) slipped to the 236th spot, down from 229 last year. It’s subsidiary, Jio, too, slid in the ranking, falling from 409 in 2021 to 451 this year, the lowest ranked Indian firm in the top 500, according to the report. It’s competitor Airtel saw a rise in ranking from 323 last year to 269 this year.
Mahindra group’s ranking slipped 22 positions to 364 in 2022, from 342 in 2021. While L&T was stable at the 417th position, HDFC Bank saw its ranking slide from 295 last year to 319 in 2022.
