India becomes world's 7th most valued 'nation brand'
India has moved up one position to become the world's seventh most valued 'nation brand', with an increase of 32 per cent in its brand value to $2.1 billion. The US remains on the top with a valuation of $19.7 billion, followed by China and Germany at the second and the third positions respectively, as per the annual report on world's most valuable nation brands compiled by Brand Finance. The UK is ranked 4th, Japan is at fifth position and France is sixth on the list. While India and France have moved up one position each since last year, all the top-five countries have retained their respective places.
However, the surge of 32 per cent in India 's 'nation brand value' is the highest among all the top-20 countries on the list. China has retained its second position despite a decline of one per cent in its brand value to $6.3 billion. About the US , the report said it remains a powerful brand with an inviting business climate. "However its value comes in large part from the country's sheer economic scale. Further, China 's recent stock market turbulence and slowing growth will also extend the US ' tenure of the top spot. Among BRICS nations, India is the only country to have witnessed an increase in its brand value with all others - Brazil , Russia , China and South Africa - seeing a dip in their respective brand valuations. India is the second most valued among these emerging economies after China , followed by Brazil , Russia and South Africa .
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