June 27, 2023 : UltraTech Cement Limited has ranked 28th in Interbrand’s ‘Best Indian Brands 2023’ ranking list. UltraTech is the only cement brand to be featured in the 2023 list.
Interbrand, a leading global brand consultancy firm, recently unveiled the ‘Best Indian Brands 2023’ rankings.
UltraTech has been one of the only few brands that has been part of the Best Indian Brands table since its inception in 2014. As per Interbrand’s report, UltraTech has maintained its position in the Best Indian Brands list owing to its strong financial growth and continued leadership in its sub-category of ‘Cement and Value-Added Products’ under ‘Home-Building and Infra’ sector. This is also reflected in the continuous growth in its Brand Value in successive years.
Interbrand’s framework of arriving at the brand’s valuation combines three key evaluation parameters: Financial performance, role the brand plays in purchase decision, and brand’s competitive strength.
UltraTech Cement Limited is an integrated building solutions provider. UltraTech is India’s largest cement and ready-mix concrete (RMC) company as well as one of the leading players in the White Cement segment in the country. It also has a slew of speciality concretes that meet specific needs of discerning customers. UltraTech’s Building Products business offers an array of scientifically engineered products to cater to new-age construction. UltraTech offers a one-stop-shop solution to individual home builders through the UltraTech Building Solutions (UBS) division. The Company’s business operations span UAE, Bahrain, Sri Lanka in addition to India.
Operating in India for over a decade now, globally Interbrand has been operational for over 40 years. ‘The Best Indian Brands’ report has become a definitive guide to the country’s brand landscape since its inaugural publication in 2014. This year’s edition showcases remarkable growth, with a total list value of Rs 8,310,057 million (USD 100 billion), marking a significant increase of 167% over the past decade.
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