Tata Group is India's Most Valuable Brand

Consulting firm Brand Finance India has released its annual study on Indian Brands. The study lists out Indian top valuable brands and their net worth. Brand value has increased among the top 50 by 10 per cent compared to 2013, with brands such as Tata, Godrej, HCL, and L&T leading the way, said the Brand Finance India.

Tata Group has retained its place as the country's most valuable brand at $21 billion or Rs. 1.28 lakh crore ($1=Rs. 61), says the study. The brand value of Tata Group has risen by $3 billion in the past one year, primarily led by its international diversification strategy and the flagship firm TCS, as per consulting firm Brand Finance India's annual study.

Life Insurance Corporation has been ranked second with a brand value of $4.1 billion or Rs 25,010 crore.

Third in the list is public sector bank SBI with a value of $4 billion or Rs 24,400 crore. State Bank of India has seen its value drop by ($1.9 billion or Rs 11,590 crore) as poorer revenue forecasts and bad-loans dampened earnings, Brand Finance India said.

Bharti Airtel ($3.8 billion or Rs 23,180 crore ) is at fourth position in this list.

Reliance has been placed 5th by the study, with brand value of $3.5 billion or Rs 21,350 crore.

ONGC came in at sixth spot in the list at brand value of $3.2 billion or Rs 19,520 crore.

Seventh in the list was Indian Oil with brand value of Rs 3.1 billion or Rs 18,910 crore.

Larsen and Toubro ($2.3 billion or Rs 14,030 crore) stood at eighth position in the study.

Infosys was ranked 9th in the study with brand value of $2.2 billion or Rs 13,420 crore.

Mahindra & Mahindra ($2.2 billion) was tenth most valuable brand in the study.