TCS becomes India’s most valuable brand in 2022, says Kantar BrandZ report

Tata Consultancy Services (TCS) is India’s most-valuable brand in 2022 replacing HDFC Bank, which held the number one spot since 2014, according to Kantar BrandZ report on India’s most-valuable brands.

TCS was able to grab the top slot due to rising global demand for automation and digital transformation, following the pandemic.

Indian brands have bounced back from the pandemic to increase their brand value by 35 per cent compound annual growth rate (CAGR) since 2020.

India’s top-75 brands are worth $393 billion, Kantar said in its report.

The report also added that the growth rate of Kantar BrandZ Top-75 Most-Valuable Indian Brands far outpaces the figures in other major markets around the world.