LTIMindtree Recognized as the Fastest Growing Indian IT brand in 2023 by Brand Finance
Brand Finance, the world’s leading brand valuation consultancy, ranked LTIMindtree among Asia-Pacific’s top 50 companies. The company ranked sixth among the most valuable IT brands in India and top 25 among the most valuable IT brands globally.
Each year, Brand Finance puts 5,000 of the biggest brands to the test, and publishes over 100 reports, ranking brands across all sectors and countries. Using publicly available data and information, over 250 Indian brands were assessed to produce the report. This report ranks the world’s top 100 most valuable and strongest Indian brands and features sectoral analytics and top sectoral brands.
According to the report, LTIMindtree’s brand value rose a whopping 74.7% to reach $1.9 billion – the fastest growth recorded by an Indian IT brand in 2023, according to the Brand Finance India 100 2023 report published on June 7, 2023.
LTIMindtree was formed as a result of the merger of erstwhile LTI and erstwhile Mindtree, two digital transformation companies from the Larsen & Toubro group of companies. The merger announced in May 2022, came to fruition in November to create a new age IT services firm with a unique blend of an engineering DNA and experience DNA.
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