Business

Reliance Secures Second Spot In FutureBrand Index Global Ranking

Reliance Industries, India’s largest corporation, has achieved a remarkable milestone by securing the second position in the prestigious FutureBrand Index 2024.

The company has witnessed an extraordinary jump of 11 places, moving up from 13th position in 2023.

With this feat, Reliance has outperformed some of the world’s most iconic brands, including Apple, Nike, Walt Disney, Netflix, Microsoft, Intel, and Toyota. Meanwhile, Samsung claimed the top spot in the ranking.

The FutureBrand Index is a global ranking of the top 100 companies, evaluating them not just on financial performance but on how they are perceived by industry professionals and consumers worldwide. Unlike traditional rankings that emphasize financial metrics, the FutureBrand Index focuses on brand perception, innovation, sustainability, and adaptability-key elements that define a company’s long-term success in an evolving market.

Why Reliance Stands Out

Reliance’s rise highlights its ability to innovate, expand, and stay connected with consumers. In addition, the company has evolved from an oil and gas giant into a diversified empire, with stakes in telecommunications (Jio), retail, digital services, green energy, and entertainment.

FutureBrand Index 2024 Report Highlights

According to the FutureBrand Index 2024 Report:

“The brands of the future recognize and adapt to consumer expectations, technological advancements, and market dynamics without losing their core identity. They know who they are and what they stand for. Over the past decade, the FutureBrand Index has shown that successful brands are those that seamlessly adapt to changing conditions, ensuring not just survival but sustained growth and success.”

The report emphasizes that companies that evolve their strategies and innovate while staying true to their mission are the ones that stand out.

The strong positioning of Reliance in the index reaffirms its ability to anticipate market shifts, invest in future-ready businesses, and maintain leadership across diverse industries.

Reliance’s Continued Growth and Global Recognition

Reliance’s inclusion among the top two brands globally is a testament to its visionary leadership, aggressive expansion, and commitment to technological advancements.

Under the leadership of Mukesh Ambani, the company has:

  • Expanded Jio’s reach globally, revolutionizing telecom services in India.
  • Invested heavily in renewable energy, positioning itself as a key player in green technology.
  • Strengthened its retail and e-commerce presence, making Reliance Retail a dominant force.
  • Ventured into AI, blockchain, and future technologies, keeping pace with global digital transformation.

A Global Recognition of Excellence

The FutureBrand Index 2024 ranking reaffirms Reliance’s stature as a globally admired company, recognized for its innovation, brand strength, consumer trust, and strategic foresight.

With a strong foundation and a forward-thinking approach, Reliance continues to set new benchmarks for Indian and global businesses.

As the company looks ahead, its focus on technology, sustainability, and digital transformation will further solidify its position as a leader in the global corporate landscape.

Also Read: Indian Equity Indices Reverse Losses; End Positive After Eight-Day Decline

Anamika Agarwala

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