Top 100 brands worth more than India's total m-cap
The top 100 global brands are together valued worth more than one trillion dollars but none of them are from India -- though almost all are either already present in the country or are seeking a foothold in India to tap the world's second-biggest consumer force.
In the latest World's Top 100 Brands list by Interbrand, a leading international brand consultancy, and BusinessWeek magazine, the biggest soft drinks firm Coca-Cola has retained its top position despite a fall in its brand value to $65.32 billion from $67 billion in 2006.
Together the 100 brands are worth about $1.15 trillion -- more than the combined market value of over 4,000 listed companies in India.
The study described brand value as "the dollar value of a brand, calculated as net present value or today's value of the earnings the brand is expected to generate in the future".
Internet search giant Google emerged as the biggest gainer despite its 20th rank with a rise of over five billion dollars in its brand value. Coca-Cola is followed by Microsoft, IBM, GE, Nokia, Intel, Toyota, McDonald's, Disney and Mercedes-Benz in the top ten.
Seven of the top ten brands are from the US, except for Nokia of Finland, Japan's Toyota and Mercedes-Benz of Germany. The US is the biggest home to the top brands with as many as 52 coming from the country. Germany has grabbed the second position with just 10 brands, followed by nine from France, eight from Japan and six from the UK.
There are only four Swiss brands on the list, three from South Korea, two from Italy and one each from Sweden, Spain, Finland and Bermuda.
Enter your email to get our daily newsletter in your inbox
- Sensex closes 1,140 pts higher to end at 51,437; Nifty ends session at 15,241
- BSE Sensex was breached 51,000 on the upside, while the broader Nifty 50 index was ruling above 15,100.
- Prior to the pandemic-induced downturn, OPEC countries led by Saudi Arabia restrained their production. Shale drillers took advantage, boosting US output to a record 13 million barrels a day.
- Reliance Jio Infocomm Ltd, India’s largest telco, emerged as the top bidder, cornering roughly three-fourths of the spectrum sold in the two-day event.