Mumbai: As per recent Brand Finance's ' Global - 500 2024.' report, Reliance owner Jio continues to be the strongest Indian brand. Jio also remains number 1 in the 2023 edition.In the 2024 ranking, Jio is placed at 17 position among the world's strongest brands with a brand strength index of 88.9 in the list.LIC is placed at 23 while SBI is at 24 position.

As per report, the Jio meteoric rise in the telecom sector is benefiting from substantial brand investment by the Reliance Industries conglomerate. Jio became the strongest brand valued at USD 6.1 billion. Conglomerate is planning to diversify investment across the globe.