The Hindu : Business : Tata in league of top 50 most valuable global brands

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Thursday, Mar 24, 2011
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Tata in league of top 50 most valuable global brands

MUMBAI: The home-grown Tata brand has been ranked as the first Indian brand to be in the top 50 club of global brands as per the latest Brand Finance's Global 500 2007 report.

The group's brand value at present is pegged at $15.8 billion in 2011 ($11.21 billion in 2010 and $7.38 billion in 2007), a press release issued here said.

The key companies and brands that have been considered by Brand Finance to add the brand value to the group are: Tata Motors group (JLR brand value, Tata Motors India and joint ventures and subsidiaries), Tata Steel group (Tata Steel and Tata Steel Europe) and Tata Consultancy Services.

Tata Sons Director R. Gopalakrishnan said, “Tata managers have been focussed on doing the right thing for the business and stakeholders. The brand perception is the outcome of their efforts and is not a planned perception change, to that extent it's a source of satisfaction for the employees.”

The Tata group comprises over 90 operating companies in seven business sectors — communications and information technology, engineering, materials, services, energy, consumer products and chemicals.

The group has operations in more than 80 countries across six continents, and its companies export products and services to 85 countries.

The total revenue of Tata companies stood at $67.4 billion in 2009-10, with 57 per cent of this coming from business outside India. — PTI

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