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Taj ranked number 1 by Brand Finance in their coveted 'India 100 2020' report : IHCL

Thiruvananthapuram, Jun 4 (UNI) Indian Hotels Company Limited (IHCL), a South Asia’s largest hospitality company, has announced that its iconic brand Taj has been ranked number one on the list of the strongest Indian brands by Brand Finance in their coveted ‘India 100 2020’ Report.
In a release here on Thursday, IHCL Managing Director and CEO Puneet Chhatwal said Taj has got the rare distinction of being ranked the highest across brands in all sectors.
“Brand Finance has ranked Taj as the nation’s strongest brand. This recognition comes on the back of the relentless pursuit of Aspiration 2022 as South Asia’s most iconic and most profitable hospitality company," he said.
"The report, released by the world’s leading independent brand valuation consultancy, said Taj achieved a Brand Strength Index (BSI) score of 90.5 out of 100 and a corresponding elite AAA+ brand strength rating based on factors such as marketing investment, familiarity, loyalty, employee satisfaction, customer experience and corporate reputation," Mr Chhatwal added.
Each brand is assigned a BSI score out of 100, which feeds into the brand value calculation. Based on the calculations, each brand is assigned a corresponding rating up to AAA in a format similar to credit rating, the release said.
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