MUMBAI, 13 February 2019. Rajesh Mehra, Promoter and Director, Jaquar Group was conferred the Consumer Products & Retail category award at the EY Entrepreneur of the Year 2018 Awards Program by the Honorable Chief Minister of Maharashtra, Shri Devendra Fadnavis, who was the Chief Guest at the Awards Banquet. Mr. Mehra has created a brand with appealing designs, high quality, innovation and world-class manufacturing. He has competed successfully both with multinationals and local players.
The EY Entrepreneur Of The Year™ Award:
EY Entrepreneur Of the Year is the world’s most prestigious business award for entrepreneurs. The unique award makes a difference through the way it encourages entrepreneurial activity among those with potential, and recognizes the contribution of people who inspire others with their vision, leadership and achievement. As the first and only truly global award of its kind, EY Entrepreneur Of The Year™ celebrates those who are building and leading successful, growing and dynamic businesses, recognizing them through regional, national and global awards programs in more than 145 cities in 60 countries. Now in its 20th year in India, it recognizes entrepreneurs for building a better India and accelerating growth and innovation.
A distinguished eight-member independent Jury Panel led by Uday Kotak, Managing Director and Chief Executive Officer, Kotak Mahindra Bank selected the winners. The other Jury Members included Jalaj Dani, Co-Promoter, Asian Paints; Harsh Goenka, Chairman, RPG Enterprises; Rishad Premji, Chief Strategy Officer, Wipro; Meher Pudumjee, Chairperson, Thermax; Sameer Sain, Co-founder and Managing Partner, Everstone Group; Vijay Sankar, Deputy Chairman, The Sanmar Group and Kunal Shroff, Managing Partner, ChrysCapital Advisors.
The winners, comprising unicorns and market disruptors have a revenue INR 1,28,000 crore (~US$19 billion) and employ over 2,50,000 people worldwide. Says Farokh Balsara, Partner and EOY India Program Leader, “By sparking innovation and accelerating growth, entrepreneurs are truly emerging as the builders of a better India. They have taken challenges, and turned them into opportunities. Each of our winners are combining the power of ideas with disruptive technologies to build unique solutions, innovations and create several new possibilities that redefine how we live and work.”
Awards were also announced for nine other Category Winners who represent both mature industries and unicorns, and are riding the wave of change and transforming India’s business landscape. The winners comprising unicorns and market disruptors have a revenue of over INR 1,28,000 crore (~US$19 billion) and employ over 2,50,000 people worldwide. Over 500 business personalities attended the gala to celebrate the 20th edition of the EOY Awards in India.
The winners tell remarkable stories of the grit and determination of turning adversities into opportunities.Rajiv Memani, Chairman, EY India, says, “In the 20-year journey of the Entrepreneur Of The Year Program in India, we have seen Indian entrepreneurs make an invaluable contribution to propelling our country forward. The winners of this year are no different. They come from both traditional and new-age businesses, but what is common to them is how they have transformed companies or their industries or even created new markets where none existed. Technology, boldness, innovation and global impact are at the core of their enterprise.”