Tata Group & Ratan Tata top The PSB 50
Posted on: 12/Apr/2011 2:12:25 AM
Tata Group and its chairman Ratan Tata are the best known and most highly regarded Indian Multinational Corporation and business leader among Global Bizfluentials™, a poll released today at the first Penn Schoen Berland Winning Knowledge™ Power Breakfast shows. The poll ranked 61 Indian MNCs with revenue over 1000 crores and their leaders. The Top Ten companies ranked in the The PSB 50 were:
1. Tata Group
2. Sun Pharmaceutical Industries
3. Air India
4. Jet Airways
5. TVS Company
6. State Bank of India
7. Oil and Natural Gas Corporation (ONGC)
8. Indian Oil Corporation
9. Axis Bank
10. Kingfisher Airlines
"Indian companies and leaders must make brand-building their mission," said Mark Penn, CEO, Penn Schoen Berland. "They have come a long way, but they still have a long way to go to make their full mark on global business."
"India is still searching for its GE, its HSBC, and its Microsoft," said Ashwani Singla, Managing Director and Chief Executive, Penn Schoen Berland, South Asia. "The moment is now. India`s business leaders have built companies with top-flight market performance. The next step is telling this story - the story of Indian entrepreneurialism - to global audiences."
More than one quarter of Global Bizfluentials™ polled are unable to spontaneously name any Indian multinational company, indicating low overall awareness of Indian brands worldwide. 18% said that Indian companies are not as successful as their global competitors because they are too new to the market, or are not as well known or respected for business.
