Climbs from 71 in 2005 to Number 1 in Brand Equity 'Most Trusted Brands' survey 2008
Espoo, Finland - Nokia has emerged as the Most Trusted Brand in India in the annual survey undertaken by Brand Equity of The Economic Times, India's largest and the world's second most read financial daily.
Nokia was ranked 71 in 2005, when it first made an appearance in the Brand Equity Most Trusted Brand survey. Since then, the company has consistently gained ground - from No. 44 in 2006 to No. 4 in 2007, and finally to No. 1 in 2008.
Commenting on the achievement, Mr. Olli-Pekka Kallasvuo, President and CEO, Nokia Corporation, said: "We are humbled by the trust and faith that our consumers have shown in Nokia. Becoming the Number 1 Most Trusted Brand in India is a very prestigious achievement for us. India has been a critical market for a long time now, and its importance continues to grow."