India has moved one rank higher to become the world’s seventh most-valued “nation brand”. Its brand value increased the most by a whopping 32 percent in the last one year to $2.1 billion, according to a report of global consultants Brand Finance that specializes in brand valuation and the valuation of intangible assets.
The report points out that India stands tall among the Brics nations, being the the only one to have witnessed an increase in its brand value, whereas the others – Brazil, Russia, China and South Africa – receded in their brand valuations. India is the second most valued among the emerging economies after China, followed by Brazil, Russia and South Africa.
The report places the US at the top, followed by China, Germany, UK, Japan and France.