World’s Strongest Brands 2024: Jio has achieved another milestone globally by making it to the Top 20 in the Global 500 list. Jio has left behind the State Bank of India (SBI) and the Life Insurance Corporation (LIC) and has ranked 17th as the strongest brand in India in 2024 with a brand strength index of 88.9. According to the report, the 25 strongest brands in the world include WeChat, YouTube, Google, hotel chain Marina Bay, Rolex, Bank of China, Swisscom, Chanel, State Grid and big brands like EY.
LIC ranked 23rd in the global list, while the largest state bank of India, SBI, is ranked 24th in the list. Apple is again in its number one position in this list. According to the report, Apple’s brand value this year is 74.3%. The company has also seen a boom in the artificial intelligence sector. NVIDIA has become the fastest-growing company with a growth of 163% in brand value. Apart from this, Chinese electric car maker BYD has left behind Tesla to become the world’s largest EV maker, with Elon Musk’s brand ranking 18th on this list.
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