India: Seventh most valuable nation brand
India was placed at 7th position in the world’s most valuable nation brands report among the 100 assessed nations. It was revealed in a recently released annual report compiled by Brand Finance.
India has moved up one position with an increase of 32 percent in its brand value to $2.1 billion.
Key highlights
- India as a world’s seventh most valued nation brand is having its brand value to 2.1 billion dollars. It has moved by one position compared to the year 2014
- It has brand value of 2.1 billion dollars with an increase of 32 percent. It is the highest surge among all the top-20 countries on the list.
- The United States had topped this edition of list with a brand valuation of 19.7 billion dollars.
Top 7 countries:
- United States
- China
- Germany
- United Kingdom
- Japan
- France
- India.
Among BRICS nations:
India is the second most valued brand country among BRICS emerging economies after China and followed by Brazil, Russia, and South Africa. The world’s most valuable nation brands report of Brand Finance measures the strength and value of the nation brands of 100 leading countries. Its method is based on the royalty relief mechanism employed to value the world’s largest companies. The valuation is based on 5-year forecasts of sales of all brands in each nation and follows a complex process in which Gross domestic product (GDP) is used as a proxy for total revenues.
Will India become an Economic Superpower in the coming years?
The economy of India is the world's seventh-largest economy by nominal GDP and the third-largest by purchasing power parity (PPP). However, the country ranks poorly at 139th in per capita GDP (nominal) with $2,134 and 122nd in per capita GDP (PPP) with $7,783 as of 2018. After the 1991 economic liberalization, India achieved a 6-7% average GDP growth annually. Since 2014 with the exception of 2017, India's economy has been the world's fastest-growing major economy, surpassing China.
Economists rate long-term growth prospective of the Indian economy as positive due to many factors like the young population, healthy savings and investment rates, and increasing integration into the global economy. Despite almost two decades of reforms, economic growth is still significantly slowed by bureaucracy, poor infrastructure, and inflexible labor laws (especially the inability to lay off workers in a business slowdown).
What is remarkable about the Indian economy is that India has one of the fastest-growing service sectors in the world with an annual growth rate above 9% since 2001, which contributed to 57% of GDP in 2012–13. As a result, India has become a major exporter of IT services, Business Process Outsourcing (BPO) services, and software services with $154 billion in revenue in FY 2017. This is the fastest-growing part of the economy.
Indian economy can be divided into 3 sectors:
- Primary sector
India, growing at 9% per year, is the world's second-largest producer of food next to China. Food processing accounts for USD 69.4 billion as gross income.
- Secondary sector
India is still relatively a small player in manufacturing when compared to many world leaders. Some new trends suggest an improvement in the future, since the manufacturing sector is growing at 11-12%.
- Tertiary and quaternary sector
India currently has an expanding IT industry which is considered one of the best in the world. Some have begun to describe India as a technology superpower. It is considered the World's Office and is leading in the Services Industry. This is mainly due to the availability of a large pool of highly-skilled, low cost, English speaking workforce.
What are the best Investment Options in India?
M+V’s approach to implementing India strategies reflects the requirement of the Indian market for affordable products. Either incorporating your own WOS or exploring together with you which companies are worthwhile targets to be bought or which companies would make a good Joint Venture partner. For more details on investment options in India, contact our experienced team!
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