Monday, 28 April 2008

Brand TATA, biggest Indian brand in the world!

Tata, one of India’s biggest group of companies on an acquisition spree, has emerged as one of the largest global brands, according to a UK-based independent consultancy firm. Valued at $11.4 billion, Tata is ranked 57th among top 100 brands listed by Brand Finance, an independent company focused on the management and valuation of brands. Coca-Cola heads the list followed by fellow American companies Microsoft, Google, Wal-Mart, IBM and GE while UK’s HSBC is placed 7th.

Expressing his happiness, Tata Sons executive director R Gopalakrishnan said it was a first for an Indian brand to be listed among the world’s largest. “For the first time, an Indian brand has got into the list of the largest global brands, although it is number 57 and they have valued it at $11.4 billion,” said Mr Gopalakrishnan who is also a member of the Tata group corporate centre.

Tata has three biggest acquisitions in value, the Anglo-Dutch steel company Corus is the biggest. When completed and approved, Ford’s Jaguar and Land Rover will be second and the third will be Tata chemicals’ purchase of General Chemicals. The total amount of acquisitions done by Tata is probably around $25 billion in the last 4-5 years.
Hats off to you guys!
Sources: ET

No comments:

Post a Comment


Related Posts Plugin for WordPress, Blogger...