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Zomato records 100% growth in brand value, MakeMyTrip enters list of top Indian firms

Money ControlMoney Control · 2m
Zomato records 100% growth in brand value, MakeMyTrip enters list of top Indian firms

Zomato has experienced the highest growth in brand value, recording a 100% year-on-year increase to $3,549. The growth can be attributed to the company's innovation and expansion into quick commerce. Additionally, travel platform MakeMyTrip made its debut in the list of top Indian brands due to notable improvements in its customer experience. The combined value of India's top 75 most valuable brands reached $450.5 billion, a 19% increase from the previous year. Tata Consultancy Services (TCS) retained its top position with a brand value of $49.7 billion. The automotive and financial services sectors also saw significant growth. However, larger brands are facing the challenge of declining demand if they fail to adapt to changing consumer expectations.

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