FutureBrand Index 2024: Samsung Ranks 1st, India's Reliance Industries Secures 2nd Spot.
International
According to 'The FutureBrand Index 2024', a global brand perception study, South Korea's Samsung has secured the top spot in the global rankings, reflecting its strong brand perception and adaptability to market demands.
- India's Reliance Industries Limited (RIL) ranks 2nd and made an impressive leap, rising 11 spots from 13th in 2023. This marks the first time an Indian company has made it to the top three on the list.
- Reliance, the only Indian brand on the list, ranks ahead of well-known global brands like Apple, Nike, Walt Disney, Netflix, Microsoft, Intel, and Toyota.
Main Point :- (i) The FutureBrand Index is an annual report that evaluates the top 100 global brands based on the PricewaterhouseCoopers (PwC) Market Capitalization ranking. The report analyzes brand evolution from 2014 to 2024, highlighting key trends shaping growth and sustainability in the marketplace.
(ii) Samsung ranks 1st, excelling in innovation and sustainability, while Reliance Industries Limited (RIL) ranks 2nd, marking the first time an Indian company has made it to the top three, followed by Apple (3rd), Nike (4th), and ASML (5th), with other notable brands like Danaher, Disney, MOUTAI, TSMC, and IHC securing top spots.
(iii) Top Gainers include China Construction Bank (Rank 23, up 147 places) for financial stability, Agricultural Bank of China (Rank 24, up 84 places) for B2B growth, and Bank of America (Rank 61, up 27 places) for improved digital banking. Top Decliners are Shell (Rank 144, down 83 places) due to environmental concerns, Meta (Rank 57, down 35 places) for data privacy issues, and Berkshire Hathaway (Rank 106, down 71 places) due to governance and financial challenges.
About Reliance Industries Limited (RIL)
Chairman & CMD : Mukesh Ambani
Headquarter : Mumbai
____________________________
