Founded and produced by

Ideas. Innovation. Inspiration.

2015 India

The leading minds from corporate India will come together to honour the

Creators of legacyAwards banquet: Thursday, 11 February 2016 | Taj Lands End, Mumbai

Make an impact

Create the opportunity

Push the boundaries Create the

future

1 Award60 countries

145 cities

The country’s most eminent and celebrated business minds will come together to honour those who moved us all with their

Ideas. Innovation. Inspiration.Awards Banquet: Thursday, 11 February 2016 | 6:30 p.m. onwards | Taj Lands End, Mumbai

Make an impact

Create the opportunity

Push the boundaries Build the

future

Fore

wor

d

As economic reforms unfurl, businesses are more upbeat. At the same time, innovation is playing itself out as a game-changer and helping create a level playing field for established entrepreneurs and new-age start-ups. Technology has made such rapid advances in recent times that today it is not so much about adapting to technology as it is about innovation and creation of new business models to ride the wave of technological change.

Companies today are using innovation as a fuel to power their way into the market and this has resulted in a spurt of breakthrough ideas leaping out of drawing boards and taking shape as successful real-life businesses. Recognizing its potential, innovation is becoming a strategic priority in many organizations.

Every year, the EOY Program, provides an opportunity to know more about a few exceptional individuals who are changing the course of the economy with their unique ideas and unstinting focus on creating sustainable businesses. This year is no different.

Each of our 17 Finalists has leveraged innovation to the hilt, be it in their business models, their products or services, processes, delivery or marketing. Further, they have been highly focused on the customer and created a niche where none existed.

The world is shrinking and nowhere is this more evident than in the globalization agenda of our Finalists. Much as they may be focussed on India’s growing customer base, these entrepreneurs are also cognizant of other markets.

I want to take this opportunity to thank our 9-member Jury panel who are some of the finest names in Indian business, led by Mr Kumar Mangalam Birla. I am extremely grateful to them for their time, their diligence and their rigor.

The EOY Awards, as you may be aware, are the only global business award program. Last year, Uday Kotak, the 2013 winner from India, won the prestigious EY World Entrepreneur Of The Year Award. Mr Kotak is only the second Indian to win this award, following Mr N R Narayana Murthy, who had won in 2003. A great moment for our country.

In closing, I would also like to thank all our well-wishers for helping the EY Network in India reach a century of excellence in professional services last year ie 2014.

I look forward to seeing you at the EY Entrepreneur Of The Year Awards Banquet on 5 February in Mumbai.

Warm regards

Rajiv Memani Chairman, India Region and Chairman, Emerging Markets Committee

As we embark upon the New Year, there is a renewed sense of optimism around us. The backdrop for our upcoming 17th Entrepreneur Of The Year Award celebrations is one of greater hope in our economic resurgence, led as much by manufacturing as it is by younger and more contemporary technology-led start-ups.

The spirit of confidence which signifies the India of today is about entrepreneurs following their ideas with passion and pushing the boundaries in unprecedented ways. At the same time, they are willing to reboot existing business models to disrupt traditional paradigms which worked seamlessly in the past, but appeared to be out of sync with the new digital reality.

At EY, it is our purpose to build a better working world. Through the Entrepreneur Of The Year Awards Program, we are committed to recognizing, supporting and inspiring entrepreneurs at different levels, from start-ups to large entrepreneurial businesses, who are making a difference to society with their new products and services, while also providing employment to many others.

Every year, the program provides an opportunity to know more about a few exceptional individuals who are changing the course of the economy with their unique ideas and unstinting focus on creating sustainable businesses. This year is no different.

Each of our 2015 Finalists have transformed their dreams into sustainable business models. The finalists represent a wide cross-section of industries from traditional to new-age businesses. Interestingly, many of them have scripted a turnaround in the fortunes of their companies and in the lives of their people.

I would particularly like to thank our outstanding 11-member Jury panel, led by Adi Godrej, and comprising some of India’s finest entrepreneurs and business leaders who undertook a testing job of identifying the country’s most exceptional entrepreneurs from among the best.

We have featured the stories of these remarkable individuals in this edition of our annual EOY magazine. We hope you will find plenty to interest and inspire.

I look forward to meeting you at the EY Entrepreneur Of The Year Awards Banquet on 11 February in Mumbai.

Kind regards,

Rajiv Memani Chairman, India Region and Chairman, Emerging Markets Committee

ForewordAs we start the new calendar year, the backdrop for our 16th EY Entrepreneur Of The Year Awards in India is clearly one of greater optimism.

As economic reforms unfurl, businesses are more upbeat. At the same time, innovation is playing itself out as a game-changer and helping create a level playing field for established entrepreneurs and new-age start-ups. Technology has made such rapid advances in recent times that today it is not so much about adapting to technology as it is about innovation and creation of new business models to ride the wave of technological change.

Companies today are using innovation as a fuel to power their way into the market and this has resulted in a spurt of breakthrough ideas leaping out of drawing boards and taking shape as successful real-life businesses. Recognizing its potential, innovation is becoming a strategic priority in many organizations.

Every year, the EOY Program, provides an opportunity to know more about a few exceptional individuals who are changing the course of the economy with their unique ideas and unstinting focus on creating sustainable businesses. This year is no different.

Each of our 17 Finalists has leveraged innovation to the hilt, be it in their business models, their products or services, processes, delivery or marketing. Further, they have been highly focused on the customer and created a niche where none existed.

The world is shrinking and nowhere is this more evident than in the globalization agenda of our Finalists. Much as they may be focussed on India’s growing customer base, these entrepreneurs are also cognizant of other markets.

I want to take this opportunity to thank our 9-member Jury panel who are some of the finest names in Indian business, led by Mr Kumar Mangalam Birla. I am extremely grateful to them for their time, their diligence and their rigor.

The EOY Awards, as you may be aware, are the only global business award program. Last year, Uday Kotak, the 2013 winner from India, won the prestigious EY World Entrepreneur Of The Year Award. Mr Kotak is only the second Indian to win this award, following Mr N R Narayana Murthy, who had won in 2003. A great moment for our country.

In closing, I would also like to thank all our well-wishers for helping the EY Network in India reach a century of excellence in professional services last year ie 2014.

I look forward to seeing you at the EY Entrepreneur Of The Year Awards Banquet on 5 February in Mumbai.

Warm regards

Rajiv Memani Chairman, India Region and Chairman, Emerging Markets Committee

India is treading the high path of its economic reforms with a clear ambition to energise growth and improve its economic prosperity. There has been great progress in many areas. India has emerged as the most favoured investment destination in 2015 as is evident from the results of the EY India Attractiveness Survey and is well poised to become the world’s fastest growing major economy.

A look beyond the headlines will show a strong suit of companies lead by exceptional entrepreneurs and their remarkable ideas and vision. The future of our economic vibrancy rests squarely on the shoulders of these entrepreneurs. They have the ability to create a ripple effect — brightening the country with their breakthrough ideas and contributing immensely to the betterment of communities.

Fast-growth businesses are creating and implementing innovative strategies to not only grow in the domestic markets but also expand internationally. The real game changer has been digital, facilitating the rapid scaling up of new businesses at a lower cost. Fuelled by the convergence of various technology platforms, the digital present, offers a level playing field to businesses of all sizes. Enterprises that seize these opportunities presented by digital advances will see more success than the rest. Businesses are also gaining unprecedented opportunities to understand consumer behaviour and have more avenues for outreach than ever before.

Innovative start-ups are disrupting a wide range of sectors and launching new ones. Sensing this growing trend that reflects of a promising digital future, we have anchored the 2015 EOY India

program around the theme of ‘Ideas. Innovation. Inspiration.’ At EY, we believe in the potential of entrepreneurs and have adapted our experience, industry capabilities and resources to help them to achieve growth. By recognizing and enabling entrepreneurs we are delivering on our purpose of building a better working world.

The EOY India Awards has been shining the spotlight on the influence of entrepreneurial passion on success. Over 130 entrepreneurs have been recognized as a part of this very distinctive program since its launch in India 17 years ago in 1999.

The EOY 2015 India finalist stories in this edition of our annual EOY magazine showcase the achievements of those entrepreneurs who have made a huge difference. With their unique ideas and disruptive innovation they fostering inclusive growth while building thriving businesses and are a source of inspiration for many.

We warmly congratulate each of our very exceptional achievers and invite you to join us for the Awards banquet on 11 February at the Taj LandsEnd in Mumbai.

,

Farokh T. Balsara Partner and EOY India Program Leader

Recognising entrepreneurs building a better working world

In its glorious 17th year, the EY Entrepreneur Of The Year (EOY) India awards is honouring the men and women who are building market-leading enterprises that

impact the way we live, work and play, and build a better world for us. The EOY awards program is widely recognised as India’s global business award with a rich

legacy of bringing the best entrepreneurs into the spotlight

Celebrating extraordinary entrepreneurial talent Each year, the most exceptional Indian entrepreneurs compete for the EY Entrepreneur Of The Year awards. Our winners are some of the most influential and recognisable names in global and Indian business - NR Narayana Murthy, Uday Kotak, Adi Godrej, Dr. Cyrus S Poonawalla, Sunil Bharti Mittal, Kumar Mangalam Birla, Anand Mahindra, Mukesh Ambani, Anil Agarwal, Dilip Shanghvi and Rahul Bhatia, to name a few.

Our winners are people whose lives and achievements are marked by inspiring stories of their passion to excel. They inspire millions with their ideas, their vision, their ability to innovate and create new products, services or business models carving a new growth story for themselves and the communities their business touches.

Over 400 of the country’s foremost business leaders come together at the annual EY Entrepreneur Of The Year Awards gala every year to honour our finalists and winners. It is a very special occasion that marks the celebration of excellence, exemplary talent, visionary leadership and glory. The following pages will introduce you to the judges and the finalists of the 2015 program.

Explore what makes them stand out as examples of entrepreneurial excellence and seek inspiration.

The Celebratory Banquet for the 2015 awards is being hosted at the Taj Lands End Hotel in Mumbai on 11 February 2016.

For more information about the EY Entrepreneur Of The Year India awards program Visit www.ey.com/in/eoy or call 0124 6714088

Download our EOY India AR app on Google Play Store to watch the 2015 India Program come alive on your handhelds.

Follow updates and conversation on the Awards by following @EY_India on Twitter.

Sanjeev Bikhchandani is the founder and Executive Vice Chairman of Info Edge, a company that operates well-known online portals including Naukri.com, Jeevansathi.com, 99acres.com, Shiksha.com and Naukrigulf.com, among others. Mr. Bikhchandani studied Economics at St. Stephen’s College, New Delhi and holds a Post Graduate Diploma in Management from IIM Ahmedabad. His enterprise, Info Edge was the first internet company to be listed on the Indianstock exchange. Mr. Bikhchandani was awarded EY Entrepreneur Of The Year Award in 2008 for business transformation.

Arundhati Bhattacharya is an Indian banker and the first woman to become the Chairperson of the State Bank of India. Her professional stint of 36 years with SBI involves contributions in a number of areas such as treasury, retail operations, human resources, foreign exchange and investment banking. Ms. Bhattacharya has also been instrumental in launching SBI’s new business ventures, including SBI General Insurance, SBI Custodial Services and SBI Macquarie Infrastructure Fund. Winner of the EOY Entrepreneurial CEO Award for 2014, Ms. Bhattacharya also featured in the Forbes list of the world’s most powerful women in 2014 and 2015.

Subodh Bhargava is the Chairman of Tata Communications, TRF, GlaxoSmithKline Healthcare and Director on the boards of several companies including Tata Motors, Tata Steel , Larsen & Tubro and SunBorne Energy LLC. A mechanical engineer from IIT (Roorkee), he is a mentor to start-ups like Autoparts Asia and Nicco Internet Ventures. Mr. Bhargava is a key spokesperson for Indian industry and has served as the President of the Confederation of Indian Industry (CII) and the Association of Indian Automobile Manufacturers. Over the years, he has been contributing with guidance around government policy and been working with industry to evolve new responses to the changing environment.

Bharat Doshi is the Chairman of Mahindra & Mahindra Financial Services and Mahindra Intertrade. A distinguished finance professional, he is also an appointed Director of numerous companies within the Mahindra Group. An alumnus of the Bombay University, Mr. Doshi also holds a Master’s degree in Law. Currently a member of CII National Council on Corporate Governance and Regulatory Affairs, Mr. Doshi’s professional contributions have extended to areas beyond his current position as Chairman. He has also been associated with the Bombay Chamber of Commerce & Industry for over 30 years.

Rahul Bhatia is the whole-time Director of InterGlobe Enterprises. He laid the foundation for the enterprise in 1989 with its flagship business of Air Transport Management. Under his leadership, the enterprise has diversified manifold and is not only a preferred and trusted partner today for leading travel and technology companies, it’s also a much trusted brand among consumers. He has also developed a number of travel-related new businesses. A celebrated business leader, Mr. Bhatia won the EY Entrepreneur Of the Year Award in 2011.

JuryThe

Adi Godrej

Jury Chairman

Godrej group

Adi Godrej is the Chairman of the Godrej Group and other entities which form part of one of India’s leading conglomerates. Mr. Godrej has led the diversification of the group from manufacturing locks and soaps into FMCG, consumer durables, industrial engineering, agricare, real estate, home appliances and IT. Also, under his leadership, the Group has expanded to international markets such as Europe, Indonesia, Latin America, Africa and Middle East. Over the last five decades, Mr. Godrej has been the face of Indian industry and through his leadership of key trade and commerce organizations, has contributed immensely to the growth of diverse industries in India. He serves as the Chairman of The Board of Trustees at the Dadabhai Naoroji Memorial Prize Fund. An alumnus of the MIT Sloan School of Management, also the past President of CII, member of Tau Beta Pi (The Engineering Honor Society) and the chairman of the Indian School of Business since April 2011. Winner of the EY Entrepreneur Of The Year Award in 2012, Mr. Godrej was awarded the Padma Bhushan, India’s third highest civilian award, in 2013. A philanthropist, Mr. Godrej is a major supporter of the World Wildlife Fund in India.

Every year, an outstanding Jury Panel comprising of India’s most eminent business leaders selects the finalists and winners for the EY Entrepreneur Of The Year Program

Dilip Shanghvi is the founder and Managing Director of India’s most valuable drug company, Sun Pharmaceuticals. A self-made man, Mr. Shanghvi, started his career in Kolkata as a wholesaler of pharmaceutical products. He is today a leading face of India industry globally. He also serves as the MD and Chairman of Sun Pharmaceutical Advanced Research Company, the first ever pure-R&D Company enlisted with Indian stock exchanges. In 2015, his company acquired Ranbaxy Laboratories Ltd to create the world’s fifth-largest generic pharmaceutical company by revenue. For his remarkable achievements, Mr. Shanghvi was awarded the EY Entrepreneur Of The Year Award in 2010.

Kalpana Morparia is the Chief Executive Officer of South Asia and India Operations at JPMorgan Chase. She also leads all of the firm’s line of businesses, including investment banking, asset management, treasury services and principal investment management. Ms. Morparia serves as an independent director on the Boards of several leading Indian companies. Prior to joining J.P. Morgan India, Ms. Morparia served as Joint Managing Director of ICICI Bank. Ms. Morparia has been named one of the ‘50 Most Powerful Women in International Business’ by Fortune Magazine in 2008 and one of the ‘25 Most Powerful Women in Business’ by Business Today for the years 2004, 2005, 2006 and 2008.

Renuka Ramnath founded Multiples Alternate Asset Management in 2009 and serves as its Managing Director & Chief Executive Officer. She has arich experience of overtwo and a half decades inthe Indian financial sectoracross areas such as privateequity, investment bankingand structured finance. Shelooks to build Multiples asa platform to channelizelong-term capital to createvaluable enterprises andsuccessful entrepreneurs.In her previous role, Ms.Ramnath served as MD andCEO of ICICI Venture forclose to a decade. She has featured in many prestigious lists, including the Top 25 Most Powerful Women in Indian Business (Business Today) and in the India’s Most Powerful CEOs (Economic Times).

Shashank Singh is the Partner and Head of the India office at Apax Partners LLP. Mr. Singh joined Apax Partners LLP in 2004 and helped start the firm’s India office in 2007. He also serves as a Trustee of the Apax Foundation and is a part of Apax’s Asia Group, which is expanding its activities in India. Mr. Singh is currently on the Boards of GlobalLogic and Zensar Technologies. He holds an MBA from Harvard Business School, from which he graduated as a Baker Scholar, a first class Master’s degree in Economics from the Cambridge University, and a BA (H) degree from St. Stephen’s College, Delhi.

Rishad Premji is the Chief Strategy Officer and Member of the Board, Wipro Ltd. He leads the Investor Relations & Corporate Affairs functions for the company and is on the Board of WiproEnterprises Ltd, Wipro-GE and Azim Premji Foundation. Mr. Premji pursued his MBA from Harvard Business School. In 2014, he was recognized as a Young Global Leader by the World Economic Forum for his outstanding leadership, professional accomplishments, and commitment to society.

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Glorious journey of 17 years

Mukesh Ambani Reliance Industries

Tulsi Tanti Suzlon Energy

Ratan Tata Tata Industries

Brijmohan Lall Munjal

Hero Group

Sunil Bharti Mittal Bharti Enterprises

Subhash Chandra Zee Telefilms

Kumar Mangalam Birla

Aditya Birla Group

NR Narayana Murthy Infosys Technologies

1999

2004

2000

2002

2003

2001

2005

2006

1999–2014

Anil Agarwal Vedanta Resources

Adi Godrej Godrej Group

Uday Kotak Kotak Mahindra Bank

Dr. Cyrus S. Poonawalla

Serum Institute of India

Anand G. Mahindra Mahindra Group

Rahul Bhatia InterGlobe Enterprises

Dilip Shanghvi Sun Pharmaceuticals

2009 2010

2013

2012

2011

2014

2008

Dr. F.C. Kohli

Dr. F.C. Kohli is widely regarded as the father or ‘Bhishma Pitamaha’ of the Indian software industry. A master strategist and a visionary, Dr. Kohli was the founder and first CEO of Tata Consultancy Services (1969-1999). His systematic building of the enterprise not only created a revolutionary IT giant, but also laid the foundation of the USD 120 billion IT industry in India.

After completing his MS in Electrical Engineering from Massachusetts Institute of Technology (US), Dr. Kohli joined Tata Electric Companies in 1951, where he made several significant contributions. Most notable of them being the installation of a digital computer to control the electric grid.

In 1969, he was appointed general manager of the newly formed Tata Consultancy Services (TCS). Though getting business for a new enterprise was a daunting task, regressing was not his style. He is also the first Indian to be elected to the board of directors of the Institute of Electrical and Electronics Engineers (IEEE) in 1973.

In 1974, Dr. Kohli and his colleagues convinced Burroughs (a client) that TCS can design and develop computer software for them and their clients. That marked the start of software exports from India, and the eventual building of the software exports industry.

That moment onwards, he went on to shape TCS into a USD 400 million venture over the next two decades. In 2012, IEEE honoured him with the prestigious Founder’s Medal in the USA. He was the first Indian to receive the honour.

Dr. Kohli is a workaholic, who scoffs at the concept of retirement. In his 90s, he is still deeply engaged in using the technology and systems approach to solving societal problems. He has been awarded the Padma Bhushan, India’s third-highest civilian honour, for his contributions.

A lifetime of achievementFather of The Indian IT Industry

R.S. Agarwal and R.S. Goenka Emami

S.K. Arya JBM Group

Dr. Anand Deshpande Persistent Systems

Dr. Ramachandra N. Galla Amara Raja Batteries

Chandra Shekhar Ghosh Bandhan Bank

Rajeev Gopalakrishnan Bata India

Vinita Gupta and Nilesh Gupta Lupin

Sabu M. Jacob Kitex Garments

Siddhartha Lal Eicher Motors

Dr. Arvind Lal and Dr. Om Manchanda Dr. Lal PathLabs

Samir Mehta Torrent Pharmaceuticals

Krishnakumar Natarajan Mindtree

Sridhar Pinnapureddy CtrlS Datacenters

Vijay Shekhar Sharma One97 Communications (Paytm)

Romesh Sobti IndusInd Bank

Finalists 2015

Many have ideas. A few can innovate. But those who can inspire a generation with their work

and achievements are a rare pedigreed group of iconic leaders. Their unyielding drive to seize the power of transformative ideas creates jobs,

energizes markets, builds wealth and spurs economic growth around the world. They have the power to impact our lives. We salute their

passion, enthusiasm and insight that make them different and exceptional.

They are the Finalists of EY Entrepreneur Of The Year India Awards 2015.

Ideas. Innovation. Inspiration.

Emami

Deep Roots And Grand Ambitions

R.S. Agarwal and R.S. Goenka

This is the story of two friends who started a cosmetics company with INR 20,000 and turned it into a multi-crore conglomerate. Radheshyam Agarwal and Radheshyam Goenka, childhood friends, left their cosy jobs at the Birla Group before founding Emami in 1974. Over the years, they have combined the wisdom of Ayurveda with modern techniques of manufacturing to create leading brands in FMCG categories.

Emami’s FMCG product portfolio has over 250 products across diverse segments such as skin and hair care, ayurvedic health supplements and medicines. The tenacity and grand ambitions of the two founders helped Emami establish a strong nation-wide distribution network of 2,800 distributors, 6,800 sub-distributors and direct reach across 6.4 lakh retail outlets. Its products are available across 40 lakh outlets in India. Emami also has presence in 60 countries across the world, with subsidiaries in Bangladesh, Egypt, UAE and Australia.

Emami also has to its credit a series of big ticket acquisitions like that of Zandu in 2008 and Kesh King in 2015.

The entrepreneurial spirit of its founders led Emami Group to explore business interests in real estate (8 mn sq. ft. of area under

development by Emami Realty), hospitals (AMRI Group of Hospitals), pharmacy retail (around 130 stores of Frank Ross) and book & leisure stores (Starmark), paper manufacturing (Emami Paper), ball point tip manufacturing (CRI Tips), contemporary art (ECA), edible oil and bio diesel (Emami Agrotech), cement and solar power.

As responsible corporate citizens, both friends have undertaken various CSR initiatives by investing in healthcare, education, women empowerment and community welfare.

R.S. Agarwal was conferred the Global Xaverian Award in 2014. In 2015, he was felicitated with the title ‘Jewels of the East,’ by MCC Chamber of Commerce & Industry, Kolkata, and the Indian Marketing Lifetime Achievement Award.

R.S. Goenka was awarded the Cavalier Cross Order of Merit, the Republic of Poland. Emami’s motto of providing quality products to customers at reasonable prices earned BoroPlus 19th rank in personal care category, Zandu Balm 5th rank in OTC personal care category, and Navratna 3rd rank in hair oil category, as per Brand Equity’s Most Trusted Brands in 2015.

JBM Group

Building New Roads To Success

S.K. Arya

From textiles to oil and gas to automotive, for SK Arya, the journey to his true entrepreneurial calling saw him test waters in diverse sectors with a fair amount of success. The early exploration of opportunities lead to the formation of a formidable alliance with a major automotive player, and the rest is history for the JBM group, which is a USD 1.2 billion group today.

After a brief stint with the family textile business, SK Arya struck out on his own with JBM Industries (erstwhile Gurera Gas Cylinder) in1983 and soon became a leading supplier of cylinders to Oil and Gas companies. In 1986, sensing opportunity in the automotive market, he formed a JV with Maruti Suzuki to form Jay Bharat Maruti Ltd. (JBML) to manufacture sheet metal parts. His initiatives of setting up one stop shops for sheet metal parts, developing Just in Time (JIT) bases and flexible manufacturing systems is what steered JBM into one of the leading auto parts suppliers and India’s largest sheet metal manufacturer.

Under his gleadership, JBM group operates through 16 subsidiaries, including two listed firms- JBML (sheet metal, welded assemblies, exhaust

system, etc.) and JBM Auto (sheet metal, assembles and sub-assemblies, etc.) Led by Arya, JBM group also diversified in engineering & design services (JBM Cadmium and Tesco Go Spa) and education sector (JBM Cadmium) accounting for approximately 10% of the overall revenues. The company today has 35 plants across 14 locations in India and four engineering & design centres in London, Turin, Detroit and Shanghai.

S K Arya, dreams of having a JBM in every vehicle on Indian roads. His aim is to steer the JBM group as an end to end solution provider and accordingly develop or acquire technologies. SK Arya hopes to grow JBM to a INR 10,000cr company and expand operations with the setting up of 2 new plants. His achievements won him the Haryana Ratan Award in 2005 among other industry recognised awards. He recently also received an award of the Best Value Creator in the Fortune India 500.

Arya has also been instrumental in setting up the Neel foundation, Vichaar and Vayam Value Education Foundation.

Persistent Systems

Swadesi Man

Dr. Anand Deshpande

Dr. Anand Deshpande started Persistent Systems in 1990 with a seed capital of INR 360,000 and O2 as its first client. He had just came back from the US after completing his doctorate in computer sciences and an 18 month stint with Hewlett Packard Laboratories. Though Persistent System’s had a rough first year in business, it did not deter him.

Today company is known for providing services such as software product development, platform solutions (cloud – one of the earliest adopters in 2007), and IP based products and solutions to nearly 800 clients globally, with a market cap of about INR 5,300 Crores.

Under his leadership, Persistent has also developed about 5,000 products and applications in the last five years and pioneered the concept of outsourced software product development.

Dr. Deshpande firmly believes that ‘trust’ plays a huge role in establishing and developing an organization. This trust has helped the company build strong partnerships with large technology brands, Independent Software Vendors, and form alliances for cloud computing (Microsoft, Amazon), analytics (IBM), mobility (SAP), security and middleware (Oracle) and product development (Dassault Systems).

Dr. Deshpande believes in the digital future and has built a strong proposition around digital technologies such as social media, mobility,

analytics and cloud. He is also fuelling the growth ambitions of the company through strategic acquisitions. Persistent Systems has acquired 10 entities since 2011, and has plans for more strategic alliances. He has also set up Persistent Ventures, to focus on funding early stage companies.

Industry and academia have consistently acknowledged Dr. Deshpande’s business leadership. He received the CSI Fellowship Award for outstanding achievement in the field of Information Technology, the Career Achievement Award from the School of Informatics at the Indiana University, Bloomington.

Dr. Deshpande has also served as a member of the Executive Committee of NASSCOM Executive Council, President of Association for Computing Machinery India, and Chairman of the Pune Chapter of Computer Society of India. In his efforts to support creation of a vibrant entrepreneurial ecosystem in India, he helped with the formation of iSPIRT, India’s first product think tank.

Anand has established the deAsra Foundation, a Section 25 Company with a focus to helping establish more than 25,000 job creators and self-employed.

Amara Raja Batteries

Packing Some Power

Dr. Ramachandra Naidu Galla

Three decades ago, when Dr. Ramachandra Naidu Galla decided to come back home, not just to India but to where he grew up - Chittoor, the seeds of growth were sown. Soon after his homecoming, Dr. Galla, stepped away from his agricultural roots, to set up two entities saw him setting up two entities — Amara Raja Power Systems Ltd at a project cost of about INR 2 Crores and Amara Raja Batteries at approximately INR 20 Crores — both with just 12 employees.

Dr. Galla had returned with a bachelor’s degree and a double Masters Degrees in engineering. His 16 year stint in the US saw him work in various capacities including the designing of the electrical auxiliary power and electrical controls for nuclear power plants.

The Amara Raja Group, spans from the production of lead acid batteries (AMARON brand), power conversion products, sheet metal products, precision components, electronic products, infrastructure development, industrial services to food processing with net sales growing at a CAGR of 19% from FY13 to FY15. Amara Raja Batteries Ltd (ARBL) manufactures

lead acid storage batteries for automotive applications under Amaron and PowerZone brands (55% of revenues) and for industrial applications (telecom, utilities, etc.) under Amaron and Power Stack brands (45% of revenues). The company launched India’s first zero maintenance battery during 2000 in partnership with Johnson Controls, the world’s largest battery manufacturer which has a 26% stake in ARBL. Dr. Galla has ambitious plans of expanding into new markets, strategic investments, building up of a robust distribution network and increased exports.

Dr. Galla has remained committed to programs that work to alleviate some of the grave social mores. The Amara Raja Group has set Rajanna Trust that works towards education, skill development, rural development, health and management of water. In recognition of his contribution to society and technology, SV University and JNTU University awarded honorary doctorates to Dr. Galla. He also received the Lifetime Achievement Award by the India Lead Zinc Development Association in 2014.

Bandhan Bank

Banking On Change

Chandra Shekhar Ghosh

Chandra Shekhar Ghosh had a simple dream — to promote financial inclusion of all sections of the society. From a small sweet shop owner to become one of the most influential figures in Indian Banking today, Chandra Shekhar’s rise is a remarkable tale of entrepreneurial passion, values and success.

Chandra Shekhar set up Bandhan in 2001 as an NGO that provided microfinance to women entrepreneurs who had no access to capital or banks. By 2009 Bandhan registered as NBFC with the Reserve Bank of India. Microfinance Institution. Chandra Shekhar’s success in providing financial services to those close to the ‘bottom of the pyramid’ (67 lakh customers in June’15) helped Bandhan secure the universal banking license from the RBI – one of just two such licenses awarded in April 2014 – to become the first micro finance company in the country to transform itself into a bank.

Bandhan Bank became operational in August 2015. Today, it has a network of 600 branches, 183 ATMs catering to more than 80 lakh customers and a workforce of more than 20,000 employees. Since

its launch, the bank has collected deposits over INR 4,700 Crores. It operates across two segments – micro-banking and general banking.

Bandhan, under Chandra Shekhar’s leadership, has transformed microfinance offices into doorstep service centres – a one of its kind operating model in the Indian banking industry. He was elected as a ‘Senior Ashoka Fellow’ by the Ashoka Foundation in 2007; he won the Forbes India Leadership Awards in 2014 in the ‘Entrepreneur with Social Impact’ category. Recently, he received the Microfinance India Awards 2015 in the category of ‘Lifetime contribution to the sector by an individual’.

By virtue of his peerless leadership, he is on a number of important trade and business bodies. He is a member of the Managing Committee of the Indian Banks’ Association (IBA); a member of the Micro, Small and Medium Enterprises (MSME) Sector Committee, Government of West Bengal; Vice President of The Bengal Chamber of Commerce and Industry (BCCI). He is also an active member on various committees constituted by CII, FICCI, ASSOCHAM, ICC and others.

Bata India

Best Foot Forward

Rajeev Gopalakrishnan

Rajeev Gopalakrishnan has been with Bata for a quarter of a century. A mechanical engineer, Rajeev joined the Bata Shoe Organization in 1990, where he served at various positions including Managing Director - Bata Thailand, Managing Director - Bata Bangladesh and Managing Director - Retail before becoming the Managing Director of Bata India in 2011. Over the years, he has steered Bata into becoming the largest retailer and leading manufacturer of footwear with an approximately 18% share of the organized footwear market in India.

Today, Bata enjoys a strong pan India retail network of over 1,265 stores including 1,121 Bata, 102 Hush Puppies, and 42 Footin stores, in over 500 cities. He introduced the ‘Footin’ retail format in 2012 to sell affordable footwear and accessories targeted at young adults. Bata’s distributors have grown 1.2X to 300 and its independent footwear dealers have grown 2.3X to 15,000 in 2015.

Knowing well the potential of e-commerce, Rajeev has strengthened the company’s e-commerce business, growing it from 750 cities in FY13 to

1,400 cities across India in FY15. Bata now sells products through its online portal www.bata.in and has also partnered with several online retailers. The company introduced ‘M-Wallet’ payment service and a mobile app to tap the growing constituency of smart phone users in the country.

Under his leadership, the company is planning investments of INR 80 – 100 Crores annually to open 100 retail stores and to modernize plant and machinery, increase contribution from online sales and set up a design and development centre, all to advance his dream of making Bata a billion dollar company in the near future.

Rajeev’s achievements and vision have earned him the ‘Retail Professional of the Year’ at the CMO Asia Summit at the Asia Retail Conference in 2015. He was also honoured with the ‘Udyog Ratna Award’ and ‘Certificate of Excellence and Gold Medal’ by The Institute of Economic Studies in 2014.

Lupin

The Dynamic Duo

Vinita Gupta and Nilesh Gupta

One leads as CEO while other is MD but both are known to be thinkers, visionaries and quick decision makers. Vinita Gupta, took charge of Lupin’s US business in 1992 after completing her MBA from the Kellogg School of Management. Her brother, Nilesh Gupta, re-joined the company in 2000, after completing his MBA from the Wharton. Together, they have transformed Lupin into a major generics and specialty pharma company. Vinita played a key role in setting up Lupin’s overseas business, while Nilesh built the company’s research and supply chain operations in addition to improving Lupin’s presence in the domestic market. The siblings took charge of Lupin from their father and founder, Dr. D.B. Gupta, in 2013.

Under Vinita’s leadership, Lupin has expanded its presence in the advanced markets (particularly the US) and propelled Lupin into the big league. It is today the 6th largest generics company in the US. On the other hand, Nilesh has been critical to Lupin’s success as he goes about building a global product pipeline and managing a quality-driven best-in-class technical operation.

Together, Vinita and Nilesh have navigated Lupin to be the 10th largest generic pharma company in the world. Lupin’s recent strategic acquisition of US-based Gavis Pharma for USD 880 million is the largest acquisition made by an Indian pharma major in the US. Lupin aims to achieve revenues of USD 5 billion by 2018, while maintaining its current profit margin of 19%. In India, the company is targeting a market growth of 15-20% over the next few years.

Accolades have come by with Vinita having been named the inaugural Ernst & Young US 2012 Family Business Award of Excellence Winner in Palm Springs. She is also a part of the ‘Forbes Asia Businesswomen - Power 50’ listings. Lupin was named the outstanding company of the year by CNBC-TV18 India Business Leader Awards 2014-15. Lupin also featured in Asia Pacific’s 50 biggest listed companies 2014 by Forbes Asia Fab 50 and is a part of the 2015 Forbes Global 2000 listings of the world’s biggest public companies by market value.

Kitex Garments

Stitching Success

Sabu M. Jacob

Sabu M. Jacob’s story is a true illustration of ‘Making in India’ for the world. After having steered Kitex to become the largest infant-wear manufacturer in India and the third largest in the world, Sabu today aims to be on the global centre stage. His plans include venturing into direct marketing in the USA by first selling through licensed brand Lamaze and then their own brand ‘Little Star’ through its American subsidiary, Kitex USA LLC by 2016. The company aims to achieve revenues of USD 50 million through this division by 2020. Sabu had been dealing with the US market and its vendors for several years and he felt it was time to leverage that know-how and experience to grow Kitex.

An economics graduate, Sabu began as a worker in Kitex, a textile manufacturing unit and grew to become its Executive Director. With three decades of experience in garment manufacturing, combined with hard work and ambition, Sabu is today an inspiration for new-age entrepreneurs.

The company started out as a garment producer and later ventured into infants’ wear. By 2000, Sabu realised that Kitex should focus only on this

category of garments. Kitex manufactures products for international brands such as Toys R Us, Gerber, Jockey, Carters, The Children’s Place and Mothercare as a private label manufacturer. These six clients contribute toward the majority of its revenues. Toys R Us and Gerber even recognised the company’s efficiency by awarding it the ‘Vendor of The Year’ title in 2011 and 2012. Today, the company, is the holder of many noteworthy compliance certifications and employs almost 9,000 people making it the largest employer in Kerala.

Sabu has plans to grow Kitex to be the largest manufacturer and exporter of infants’ garments in the world by 2018. Forbes has also listed Kitex among ‘Asia’s 200 Best Under a Billion’ companies in 2015. As of 18 November 2015, the company’s market capitalization was INR 3,310 Crores approximately.

Sabu has been supporting various social initiatives from providing free medical assistance, rebuilding dilapidated houses and toilets, electrification and drinking water projects.

Eicher Motors

Back To The Future

Siddhartha Lal

Siddhartha Lal, a third generation entrepreneur was just 26 when he took charge of Royal Enfield at Eicher Motors in 2000. The company was riding through a rough patch. Through innovative changes in product, service, brand, retail experiences and operational efficiencies he revived Royal Enfield (RE) back to being an iconic leisure motorcycle brand. This augmented RE’s sales exponentially and energised the Indian motorcycle market at a time when budget bikes were in vogue and also expanded the 250cc+ segment.

At the time Siddhartha took over, Eicher Motors had a diverse spread of about 15 businesses including tractors, trucks, motorcycles, components though none was a market leader. Siddhartha undertook an intense portfolio analysis and decided to divest 13 businesses and put all the money and focus behind Royal Enfield and trucks, two businesses, where he believed the group had a genuine shot at leadership. A decade later, Eicher Motors’ revenues have reached over INR 8,738 Crores and its net profit stood at INR 702 Crores in FY14. Royal Enfield brings in about 80% of these profits.

Siddhartha aims to make Royal Enfield a global leader in the mid-size motorcycle segment and plans to double output by 2017. As

for trucks, Eicher entered into a joint venture with Volvo, named VE Commercial Vehicles, in which Eicher holds 54.4% share. This alliance has led to shareholder value creation as well as managed to create a world class portfolio in medium and heavy trucks through the pro-series range. It is expected to contribute to the company’s overall growth in the next few years.

Under Siddhartha’s leadership Eicher Motors formed a joint-venture with the US based Polaris Industries Inc in 2012, named Eicher Polaris Pvt Ltd, to design and develop a full new range of personal vehicles. In June 2015, EPPL launched the Multix, a new 3-in-1 a personal utility vehicle built for the independent businessman thereby creating a new category in the Indian automotive space.

Eicher won the ‘Emerging Company of the Year’ award at ET Awards 2015. Siddhartha is co-championing a Young Global Leader initiative on ‘Transforming Urban Mobility’ run by the World Economic Forum (WEF) and has also been nominated as member of the WEF’s Global Agenda Council for Transportation. Owing to his leadership skills, Siddhartha has become a part of the Next Generation Leaders Board at the Indian School of Business (ISB).

Dr. Lal PathLabs

Diagnosed To Heal

Dr. Arvind Lal and Dr. Om Manchanda

Dr. Arvind Lal, a product of the Armed Forces Medical College, took over Dr. Lal PathLabs in 1977, after the demise of his father. Dr. Lal has revolutionized laboratory medicine in India by introducing the maximum number of new tests, instruments and ICT (Information and Communications Technology) systems. Arvind believes that in addition to being a good doctor, his job was also to create a world-class organisation by hiring professionals with a vision and great managerial abilities.

Thus, he brought on board Dr. Om Manchanda – an IIM-Ahmedabad alumnus with 25 years of experience across sales, marketing and general management in 2005. Dr. Manchanda’s strategic vision and operational abilities helped transform the company to its current network over 170 labs, over 1,500 patient service centres and 7,000 sample pick-up-points. Dr. Lal PathLabs tested more than 10 million patients last year.

Together, they steered the company to become the leading diagnostics chain in India, in a highly fragmented market that has more than 50,000 labs.

Under their leadership, the company has grown to become a leading national diagnostics center and pathology lab. This transformation was driven by their focus on quality, organic growth, restructuring of senior management and geographic expansion using the hub-and-spoke model.

Their dedication earned Dr. Lal PathLabs The CNBC TV 18 Emerging Company of the Year award in 2008, Diagnostic Service Provider Company of the Year 2012 by Frost and Sullivan, the Best Diagnostic Company in India at VCCircle Healthcare summit 2013. Recently, the company made an impressive debut on the exchanges, reporting one of the best listings in 2015, opening at a 50% premium.

Dr. Arvind Lal was awarded the Padma Shri and was also made an Honorary Brigadier in the Armed Forces Medical Services by the President of India in 2009. Dr. Om Manchanda is a significant contributor in IIMPACT, which provides education to underprivileged girls and also provides school sponsorship.

Torrent Pharmaceuticals

The Formula Man

Samir Mehta

Samir Mehta may have joined his elder brother at the young age of 22, but he had already mapped out his vision of expanding the Torrent Group’s pharmaceutical operations. In the near three decades, since Samir joined the pharmaceutical operations, he has grown the company to be ranked among the top pharma companies in India.

As Chairman, of Torrent Pharmaceuticals, Samir has steered the company to a leading pharma solutions provider in key areas like cardiology, central nervous system, gastrointestinal and pain management. The pharma giant markets its products to 40 countries and is the 8th largest Indian generic company in the US, while in Germany and Brazil it is the largest in the same category.

Samir Mehta’s vision of expanding the business to Brazil, Germany and the US is what paid off with approximately 60% of Torrent Pharmaceuticals total sales coming from exports. This has been possible due to his continuous focus on strategic growth and ambitions of making Torrent a major global player.

A manufacturer of generic formulations and active pharmaceutical ingredients, Torrent is also the only producer of insulin for Novo Nordisk in India. The company has five production facilities, all located in India.

The first phase of its newest facility in Dahej SEZ was commissioned in November. Once fully commissioned the plant will be one of the largest manufacturing facilities in India. The R&D Centre in Gandhinagar (Gujarat) has one of the most advanced infrastructures for basic and applied research with a team of about 800 scientists.

In a span of two years (2013-2015), Torrent’s net sales grew at a CAGR of approximately 20% and as of 18 November 2015, its market capitalization was approximately pegged at INR 26,080 Crores. Torrent’s future growth plans in India include increasing focus on acute care therapies and other fast growing therapy areas, increasing the production capacity of its Indrad and Sikkim plant, expanding its portfolio of power brands while they are developing over 180 products for launch in India among others.

It is much to Samir’s credit and a reflection of his exceptional performance that Torrent was named the ‘Most Promising Company of the Year’ (2014) by CNBC TV18 . The company’s manufacturing facility in Indrad also received the ‘Sword of Honour’, for Occupational Health & Safety, by the British Safety Council in 2012.

Mindtree

Master Of Minds

Krishnakumar Natarajan

WELCOME TO POSSIBLE – Mindtree’s tag line epitomizes Krishnakumar Natarajan, CEO and MD of Mindtree. Ever optimistic and ambitious, Krishnakumar’s twin goals for Mindtree are growing it faster than the industry to become a USD 1 billion revenue by FY18 and to be an organization that people aspire to be a part of.

A mechanical engineer from the College of Engineering, Guindy and an MBA from XLRI Institute, Krishnakumar co-founded Mindtree with an aim to build the next generation Information Technology (IT) services firm that was customer-facing in character and actions, unlike the widely prevalent offshore delivery model.

Under Krishnakumar’s leadership, the company has established itself as a leading mid-tier Indian IT services firm, recording a y-o-y growth rate of 16% in FY15, higher than the industry average of 12%. Today, Mindtree focuses on digital technologies such as social, mobility, analytics and cloud (SMAC). It recently opened a USD 20 million global learning and development centre for digital technologies. In addition to organic growth, Mindtree has acquired seven companies in the last 10 years. Yet it remains a debt-free company with cash and cash equivalents totalling INR 376.3 Crores in FY15.

With a consistent performance year after year, Krishnakumar and his team have delivered a 486% return to its stakeholders in the last

five years. During the last three years, Mindtree has held the unique distinction of consistently delivering the highest returns amongst all listed companies in India.

Presently, Mindtree is listed among the Top 10 Outsourcing Service Providers (based on annual contract value) in the Americas and EMEIA regions by the Information Services Group. CNBC chose Mindtree as the “Most Promising Company” in 2014.

In recognition of his outstanding leadership, Krishnakumar was awarded the Best CEO Award by Bloomberg in 2010 and the Business Today Best CEO Award for Mid-size IT Companies in 2014. The Chief Executive Magazine named him amongst the 12 global leaders of tomorrow.

Krishnakumar’s work extends outside Mindtree too. A leading voice in the global IT industry, Krishnakumar currently co-chairs CII’s National IT Committee.

Mindtree Foundation, the philanthropic arm of Mindtree, is very close to his heart. Its focus on improving the lives of differently-abled children, has benefited over 22,000 children till date. He is also a founding partner of Social Venture Partners, which helps in providing livelihood opportunities to the disadvantaged.

CtrlS Datacenters

Bright Sparks

Sridhar Pinnapureddy

Sridhar Pinnapureddy is a successful serial entrepreneur and is known to have kick-started a few successful technology and IT infra enterprises. Sridhar is an engineer and started his career with developing software for his father’s drilling machines business and went on to establish eight companies across segments offering IT consulting, internet and IT infrastructure services. In 2007, he founded CtrlS with a capital of INR 20,000 in a rented office, with a vision of creating world class datacenters across the globe. He is the Founder, Chairman and Managing Director of INR 1000 Crores (EV) Pioneer Group which is the holding company of CtrlS.

Under his leadership, the group has been growing at more than 100% CAGR over the past 15 years. Regarded as a thought leader in the datacenter industry, Sridhar is credited with many firsts to his name including India’s first content delivery network, first in the industry to offer disaster recovery as a service and Cloud 4C, world’s first tier IV public cloud, competing with global players like Amazon and Softlayer. He has changed the datacenter market landscape in India by building a

datacenter which can guarantee the highest availability and least energy consumption. His strong belief in the philosophy of “total ownership for consistent value addition to clients” is strongly imbibed in CtrlS as its brand core.

Over the years, CtrlS has become the symbol of the highest standards and has set up new industry benchmarks. He has spearheaded over 200 innovations in Energy Management, DC Infra, Cloud, Disaster Recovery and has elevated CtrlS as a thought leader and one of the fastest growing companies. His grand vision for CtrlS includes expanding its business to 17 countries within the next two years, across APAC, Middle East, Europe and Americas.

Sridhar has been bestowed with many recognitions including “Outstanding Entrepreneur of the Year – 2010” for Asia Pacific region by APEA, Rajiv Gandhi Shiromani by Global Economic Council. Recently he also received the ‘Tv5 Business Leadership’ award, 2015 for the IT/ITeS sector.

One97 Communications (Paytm)

Building A Cashless Economy

Vijay Shekhar Sharma

Vijay Shekhar Sharma is the founder of Paytm, India’s largest mobile payment and commerce platform, and is one of India’s start-up posterboys. Life, though was not always like this for Vijay—from a school front bencher to a college back bencher, Vijay has been through the highs and lows of life and emerged with a story which is every young person’s dream.

An engineer from the Delhi College of Engineering and a first generation entrepreneur, Vijay founded One97 Communications, a mobile value-added services company, in 2000. His efforts and vision saw One97 become the first organization to partner with leading telecom companies through a revenue sharing model. Foreseeing the smartphone boom, Vijay established the India-based Paytm brand in 2010 – which crossed 100 million digital wallet users a few months ago.

Vijay’s leadership also helped launch an online payment gateway (2012), semi-closed digital wallet license from the RBI (2013) and kick off an online marketplace (2014) as well. One97 has also formed strategic

alliances with leading service providers such as IRCTC, cab companies including Uber, well-known retail chains such as Costa Coffee and even educational institutions.

The roster of people who believe in Vijay and have backed him - be it private equity players or strategic investors, include names like Jack Ma-owned Alibaba Group, SAIF Partners, Sapphire Ventures, Silicon Valley Bank and Ratan Tata. Vijay has been instrumental in creating remarkable funding opportunities for One97 Communications which has increased the firm’s value from US$250 million in 2011 to over US$3.4 billion in 2015.

Vijay’s contribution goes beyond One97 as he mentors and funds the country’s up-and-coming mobile internet start-ups through the ‘One97 mobility’ fund. His achievements have been well documented by leading media channels and publications and Vijay has been the recipient of many awards, including NDTV’s Disruptive Digital Innovator Award and CNBC’s New Heroes of India Inc.

IndusInd Bank

The New Age Banker

Romesh Sobti

Compliments from peers are hard to come, but Romesh Sobti’s peers have only admirable things to say of him. Romesh, they say is a great decision maker, fair and has enormous trust in his employees who he always stands by.

With a banking experience that spans four decades, Romesh is considered one of India’s most accomplished bankers. In 2008, a five member senior banker team from ABN AMRO India led by Romesh joined IndusInd Bank (IBL). Together with his team Romesh (Managing Director & CEO) managed to grow IBL into the full service financial institution it is today. Under his leadership, IndusInd Bank transformed from a bank in the red to become India’ fifth largest private sector bank.

Between 2009 and 2011, IndusInd bank introduced investment banking, entered into third party distribution, acquired Deutsche’s credit card business, introduced premium client segment and launched the scheme of loan against property.

Since FY12, IBL has introduced three new segments – microfinance, rural and government banking, launched new products such as tractor financing and acquired RBS’s diamond and jewellery financing business. Under Romesh, IBL has expanded its network nearly five times to 854 branches and 1,578 ATMs across India.

Romesh has pushed for digital innovation, making IBL the first bank to introduce ‘futuristic branches’ (self-service) and virtual banking, paving the way for new age banking in India.

The bank’s strong growth numbers tell a compelling story. From FY10 to FY15, IBL’s total income and PAT grew at a CAGR of 30% and 38.6% respectively. Romesh’s relentless focus on growth and profitability have gained him and IBL industry recognition through several business awards including Business Standard’s Banker of the Year Award (2014), Business India’s Best Bank, Business World’s Best Mid-Size Bank and Fastest Growing Mid-Size Bank. IBL has also received a special commendation at the Golden Peacock Award for Sustainability 2014.

Romesh has also driven the point of inclusiveness in all facets of the bank’s operations. Through Support - an NGO for employee payroll contribution, the Bank provides for food, education, health, vocational training, overall development and rehabilitation of street children. Romesh believes India presents one of the most attractive banking markets globally and the future of the Bank continues to be promising.

What legacy will you create?

The better the question. The better the answer.The better the world works.

Deepak ParekhHDFC

Thank you for the Lifetime Achievement Award. Professionally, I would like to admit and say that I could not have achieved what I have achieved without the support, help, cooperation of all the people who have worked in our organisation and I must say people who worked with me and not for me. Thank you to my friends in the Jury for nominating me and giving me this award.

We started out as a small company and have grown into a large conglomerate today. Throughout this journey, we have managed to retain the soul of a small entrepreneurial company. I would say this has been one of the keys to our performance.

Sunil Bharti MittalBharti Enterprises

This probably was the most precious award because it was an honor for both the country and for me.

N.R. Narayana Murthy Infosys Technologies

Past winners of the Entrepreneur Of The Year India awards are a set of

exceptional business leaders. These words offer a glimpse into their enterprising minds,

their innovative thinking, their inspirations and what has driven them to attain

such immense success over the years.

in their own words

I knew that there is always light at the end of the tunnel. The question is what you do in the tunnel differently so that when you come out you’re the first out to see the light.

Anand MahindraMahindra & Mahindra

I’m delighted and honoured to receive this prestigious award and accept this in all humility on behalf of 1.2 billion Indians.

Uday KotakKotak Mahindra Bank

I’d like to express my deep appreciation and thanks to Ernst & Young for bestowing on me this honour. The world I have lived in has been an interesting one and India has gone through a very interesting growth path. I am fortunate to be there during these exciting years.

Ratan TataTata Group

It is a privilege and unique honour for me to be here and receive this award. It is a testament for the ideals that I have fought for and fiercely defended over the years. In spite of many odds, but at all times, keeping in mind what was best for India.

Dr. Yusuf K. HamiedCipla

Mukesh Ambani

To me, the purpose of business is growth, welfare and enrichment of the nation at large-by creating jobs and generating wealth. And for that, a business needs to constantly innovate and expand - or else it will stagnate and wither away.

Reliance Industries

The world’s business awardThe Entrepreneur Of The Year program celebrates a quarter century of saluting excellence around the world. Beginning in a single city in USA in 1986, it today spans 145 cities in 60 countries, and is truly ‘the world’s business award’.

Over the years, over 5000 entrepreneurs around the world have participated in this annual program, and each year has been a celebration of their visionary spirit of entrepreneurship. Every year, the World Entrepreneur Of The Year is held as a culmination of the global program and is hosted in Monte Carlo, one of the most fascinating locations in the world.

Entrepreneur Of The Year winners from different countries, including the winner of the India program, meet in Monte Carlo, where one is announced as the World Entrepreneur Of The Year. The event is a grand celebration and brings together eminent business leaders from across the globe, EY’s global leadership, the media and other thought leaders. The award program’s unparalleled global scale is truly exemplified at this very special congregation.

1 award | 60 countries | 145 cities

Relevant knowledge and insights can help ensure entrepreneurial dynamism At EY, we are uniquely placed to offer a rich resource of knowledge on entrepreneurship. Through our work with some of the most dynamic entrepreneurs, we have learnt immeasurable lessons on what makes businesses succeed. We present this knowledge through our publications and other thought leadership platforms.

www.ey.com/entrepreneurship

Creating a culture for high impact entrepreneurship

Governments must support current and future generations of young entrepreneurs by enacting long-term education policies that develop enduring cultures of entrepreneurship. This report examines education policy proposals designed to enable cultures of high-impact entrepreneurship in G20 countries.

From classroom to boardroomCreating a culture for high-impact entrepreneurship

EY’s India attractiveness survey 2015

India emerged as the most attractive investment destination during the first half of 2015. This report examines the new course of India’s economic growth story, the success of Make in India program, and India’s readiness to take on the global center stage as an economic powerhouse in the coming years.

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EY’s attractiveness survey

India 2015

Ready, set, grow

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Succession lessons from world’s largest family businesses

Succession is a hot topic for family business leaders. Emotions often flare, relationships in family and work undergo changes, and the transition can impact the family and the business for years. This report considers what some of the largest family businesses in the world do to produce successful successions generation after generation.

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Your gateway to emerging markets

The Emerging Markets Center is our “Center of Excellence” that connects you to the world’s fastest-growing economies. For everything you need to know about these markets, the opportunities they offer and the best ways to manage challenges.

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Exceptiona l July-December 2015

There’s a new breed of entrepreneur emerging across the world. Thinkers, innovators and, most importantly, doers, these entrepreneurs are younger, tech-savvy and beginning new ventures by applying their energy and talent to build a better world. Our latest edition of Exceptional features some of these talented entrepreneurs.

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Keeping the markets abuzz

This report on the latest global IPO trends reflects the divergent performance of IPOs across regions in a volatile environment and the greater range of financing options now available. EY believes that these changes are an emerging structural trend, which will continue to be a crucial driver for global IPO activity in 2016.

www.ey.com/ipocenter

Entrepreneurs think big and spur new trendsWe celebrate the best entrepreneurial ideas, innovation and inspiration.

And that’s how they build legacies.

They turn ideas into reality

They innovate to challenge the status-quo’

They inspire us

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