Reliance world's second-largest brand, Apple at number one

The country's most valuable company Reliance Industries (RIL) has been ranked as the second-largest brand in the Futurebrand Index 2020. In this, American giant tech company Apple is in the first place. Futurebrand said that this year, Reliance has jumped to number two.

Highlights

• Reliance is ranked as the second-largest brand in the Futurebrand Index 2020.
• The company joined this index for the first time and has reached the second number directly.
• Apple tops the index in 2020, while Samsung is at number three
• It ranks according to perception rather than financial status.

The country's most valuable company Reliance Industries (RIL) has been ranked as the second-largest brand in the Futurebrand Index 2020. In this, American giant tech company Apple is in the first place. Futurebrand said that Reliance joined this list for the first time and has jumped straight to the second position. The company has performed tremendously in every respect. It is one of the highest profit-making companies in India and is highly respected. It works cleanly and is known for its growth, innovative products, and great customer service. Futurebrand said that people have a deep emotional connection with Reliance.

Futurebrand is a global brand transformation company. It says that the credit for the success of Reliance goes to Mukesh Ambani, who has spread the company's business in various fields. Ambani expanded business outside the petrochemical business and made Reliance on a digital company that caters to every need of the consumer. Today, the company operates in several sectors including energy, petrochemical, textile, natural resources, retail, and telecommunications. Now Google and Facebook are also taking stakes in Reliance and the company can top the next index.

Other companies

Apple tops the 2020 list while Samsung is at number three. It is followed by Nvidia, Moutai, Nike, Microsoft, ASML, PayPal, and Netflix. The Futurebrand Index is a global perception study that ranks PwC's global top 100 companies by conception by market cap, not by financial strength. Reliance is at number 91 in PwC's 2020 list. A total of 15 new companies were added to the Futurebrand Index this year, of which 7 managed to make it to the top 20. These include Reliance Industries which has reached second place directly.