LIC named as one of the most-trusted brands in India: Report

According to TRA’s Brand Trust Report 2019, LIC has emerged as one of the most-trusted brand in the country to feature in the top-seven brands. Meanwhile, e-commerce giant Amazon and Apple iPhone secured fourth and fifth positions, respectively, the report said. South Korean brands Samsung in the mobile phone category and LG for television took the fifth and the sixth positions, respectively. Aviva Life Insurance, Maruti Suzuki and State Bank of India were placed on eighth, ninth and tenth positions, respectively, in the report. Twenty-three Tata group brands, the largest, figures among the top 1,000 brands in India’s Most Trusted Brands list. This is followed by Godrej, which has 15 brands, Amul with 11 brands and Samsung with 8 brands, figuring in the most-trusted brands list. Among India’s 1,000 most-trusted brands, the categories with the maximum brands were food and beverage and fast-moving consumer goods contributing to 26.8% of the total brands in the listings.

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