Press Esc to close
Wednesday 25 May 2016
News updated at 2:36 PM IST
Weather
Max: 34°C
Min : 22.7°C
In Bengaluru
Partially cloudy

Tatas, best Indian brand globally: Survey

Bangalore, Dec 22, 2012, DHNS :
(From left) Ratan Tata with successor Cyrus Mistry. PTI

The Tata Group is India’s best corporate brand ambassador both within and outside India, according to a survey of 78 top Chief Executive Officers (CEOs) and heads of companies by trade body Associated Chambers of Commerce & Industry (Assocham) conducted in the first fortnight of December this year.

Assocham said on Saturday in a statement on the survey that the respondents comprised executives from New Delhi, Mumbai, Kolkata, Bangalore, Hyderabad, London, Singapore and New York.

The Tata Group pipped many other contenders including Wipro, Infosys and Mahindra & Mahindra to emerge as India’s numero uno global brand, the survey said.

†The best rating for the group was in Western Europe, followed by the US and South-East Asia, the survey said, adding that its recent acquisitions and the turnaround story of Jaguar Land Rover had made a positive impact on brand Tata.

President of Assocham Rajkumar N Dhoot, in his comments on the survey’s findings, said, “The Tata story which began in 1868 by Jamsetji N Tata has been the most successful story of India Inc.

The role played by Mr Ratan Tata and Mr J R D Tata in making the group truly global has been deservedly recognized all over the world.” According to the survey, 77 per cent of the respondents were also confident of Ratan Tata’s successor, 44-year-old Cyrus Mistry’s ability to uphold the group’s legacy.

Mistry’s biggest challenge would lie in steering the group through the current phase of slowdown being witnessed in India and globally. Ratan Tata, Chairman of Tata Sons, the holding company of the Tata Group, will step down on December 28 to pave the way for Cyrus Mistry.

The 140-year-old group, comprising about 100 companies with interests in mining, automobiles, financial services, information technology, energy, telecommunications, beverages and hospitality in about 80 countries, posted combined turnover $100 billion in 2011-12.

As of December 20, 2012, the group had 32 listed companies with a combined market capitalization of Rs $88 billion and about 3.8 million shareholders. It employs about 4.50 lakh employees worldwide, according to its website.

The survey found that automaker Mahindra & Mahindra, led by Anand Mahindra, and Bangalore-based information technology company Infosys Technologies, were rated quite high among Indian corporates, for their courageous global expansion moves.


Go to Top

Photo Gallery
Girls cover themselves during a dust storm in mathura on Monday...

Girls cover themselves during a dust storm in mathura on Monday...

Renowned sand artist Sudarsan Pattnaik creates a sand art to aware people about water scarcity...

Renowned sand artist Sudarsan Pattnaik creates a sand art to aware people about water scarcity...

English actor Sir Ian McKellen and Bollywood actor Aamir Khan share lighter moments...

English actor Sir Ian McKellen and Bollywood actor Aamir Khan share lighter moments...

A senior Army Officer presents the Sher-e-Kashmir Sword of Honour to a new recruit...

A senior Army Officer presents the Sher-e-Kashmir Sword of Honour to a new recruit...

People watching the air ambulance which crash landed at Kair village in Najafgarh area...

People watching the air ambulance which crash landed at Kair village in Najafgarh area...

Demi Moore poses for photographers as she arrives for The Vogue 100 Gala Dinner...

Demi Moore poses for photographers as she arrives for The Vogue 100 Gala Dinner...

Nuremberg and Frankfurt players jump for the ball during a German first division Bundesliga soccer..

Nuremberg and Frankfurt players jump for the ball during a German first division Bundesliga soccer..

People hang fish to dry on bamboo poles in Mumbai...

People hang fish to dry on bamboo poles in Mumbai...

A cyclist with his daughter pedals his cycle holding an umbrella...

A cyclist with his daughter pedals his cycle holding an umbrella...

An elderly vendor waits for customers of green grass during rains in Srinagar....

An elderly vendor waits for customers of green grass during rains in Srinagar....

Copyright 2014, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bengaluru - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523