Indian brands hit $523.5 billion valuation as HDFC Bank leads Kantar BrandZ 2025 Ranking

India’s most valuable brands have risen to a combined worth of $523.5 billion in 2025, equal to roughly 13% of the nation’s GDP, according to the latest Kantar BrandZ Top 100 Most Valuable Indian Brands report.

The ranking that featured 100 brands, posted 6% year-on-year growth, with 34 names increasing in value. HDFC Bank retained its crown as India’s most valuable brand, rising 18% to $44.99 billion. Since Kantar’s first India report in 2014, the lender’s brand value has soared 377%, driven by aggressive digital investments and consumer-focused innovation

This was followed by Tata Consultancy Services ($44.23bn), Airtel ($41.07bn), Infosys ($25.54bn) and ICICI Bank ($20.63bn). Together, India’s top ten brands account for 47% of total list value.


This year’s ranking also saw 18 newcomers, including UltraTech Cement, appearing for the first time after Kantar introduced a new Materials category. At No 7 with a $14.5bn valuation, the cement major has repositioned itself from industrial supplier to consumer-facing brand. Retailers Westside (No.38; $3.3bn) and Zudio (No.52; $2.5bn) also broke into the list.

Deepender Rana, Executive Managing Director, South Asia at Kantar, said, “India’s ten fastest-growing brands expanded at an average of 42%—seven times faster than the rest. This outperformance is driven by meaningful differentiation, innovation and staying close to consumer needs,” he said. “Brand-building investments continue to deliver superior shareholder returns.”

Zomato emerged as India’s fastest-growing brand for the second year running, leaping 10 spots to No.21 and boosting its valuation 69% to $6bn, helped by its expansion into dine-out and adjacent lifestyle services through its District by Zomato app.

The report also said brands posting outsized gains are those reading consumer behavior in real time. “Resilient brands don’t just survive—they grow by staying aligned with evolving consumer expectations,” said Soumya Mohanty, Managing Director & Chief Solutions Officer, South Asia at Kantar. “In today’s landscape, rigorous measurement and actionable insights are not optional—they’re strategic imperatives.”