Software giant TCS most valuable Brand in India: Kantar

Tags: Economics/Business

India’s largest software company, Tata Consultancy Services (TCS) has been ranked India’s most valuable Brand in 2022 as per the Kantar BrandZ India ranking.

IMPORTANT FACTS -

• Kantar, the world’s leading marketing data and Analytics Company, released its Kantar BrandZ Top 75 Most Valuable Indian Brands 2022 report on 14 September 2022.
• According to Kantar, TCS Brand value was $45.59 billion while the Brand Value of HDFC Bank was $32.74 billion.
• Since 2014, when Kantar started releasing its report, HDFC Bank has been ranked as the most valuable brand in India.
• Earlier, TCS was ranked as the second most valuable brand in the Information Technology sector in the world after Accenture of US, by the Brand Finance of the United Kingdom.

Tata Consultancy Company (TCS) :

• It is a multinational software company, owned by Tata Sons. It is the largest software company in India.
• It was set up by Faqir Chand Kohli in 1968 . Kohli is  considered to be the father of the Indian Software Industry.
• Headquarters : Mumbai
• Chairman: N. Chandrasekaran