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- Winners of seven other EOY award categories also announced
- Zomato co-founder Deepinder Goyal wins in Business Transformation category
- Team ICICI Bank wins Entrepreneur CEO EOY Category Award
Mumbai, February 23, 2024: Velayan Subiya, Chairman of Cholamandalam Finance India and Vice Chairman of the Board of Tube Investments, was awarded the prestigious award for outstanding entrepreneurial spirit. EY Entrepreneur of the Year™ Award 2023 (EOY). The nine independent judges, led by KV Kamath, former chairman of ICICI Bank, recognized the group’s bold strategy to transform its existing businesses while seizing new opportunities through acquisitions and diversification, as well as contributing to the group’s growth. We have selected Belayan Subia as the winner of EOY 2023. Not only has the company grown to unprecedented size, but shareholder value has also quadrupled in just three years.
Belayan Subia will represent India at the EY World Entrepreneur of the Year Awards (WEOY) to be held in Monte Carlo from June 4 to 7, 2024.
Chief Guest Shri Ashwini VaishnauMinister of Railways, Communications and Electronics and Information Technology, Mr. Velayan Subiya, Mr. N. Chandra, Mr. Venu Srinivasan; 2023 Year End Category Winners: Lalit KeshuaCo-Founder, Groww for to start Category; sanjay gupta APL Apollo Tubes Ltd. manufacturing industry; Anand Deshpande of the persistence system service Category; Rafiq A. Malik Chairman of Metro Brands Ltd. consumer products and retail; Shahid Virakhia micro life science Life science and healthcare Category; deepinder goyalco-founder of Zomato business transformation Category; Team ICICI Bank (CEO, Sandeep Bakshi and Managing Director – Sandeep Batra, Rakesh Jha) entrepreneur ceo Category.
Natarajan Chandrasekaran, Chairman of Tata Sons receives Special Jury Award For outstanding leadership of the Tata Group and contribution to nation building. His bold strategy to focus on scale while strengthening core businesses, enabling group synergies and creating a strong and empowered team has strengthened the group’s market position and increased its market capitalization to 1,700 It doubled from US$ 1 billion to an astonishing US$ 365 billion.
2023 Lifetime Achievement Award Recipient; Venu Srinivasan, Chairman Emeritus of TVS Motor Company, was recognized for his decades of entrepreneurial excellence in revolutionizing the Indian two-wheeler industry.By exemplifying quality, innovation and sustainable practices, Venu Srinivasan has won several global and Indian awards, including the prestigious Padma Shri and Padma Bhushan in 2010 and 2020.
EOY 2023 winners and finalists have collectively earned an impressive Rs 14.7 million and employ over 12.5 million people in India and across the world. The 2023 jury included Falguni Nayyar, Founder and CEO of Nykaa, in addition to Jury Chairman KV Kamath. Sanjiv Bajaj, Chairman and MD, Bajaj Finserv. Dr. Dilip Shanvi, Sun Pharmaceuticals; Mr. Sajjan Jindal, Chairman, JSW Group; Mr. Sunish Sharma, Managing Partner and Founder, Kedara Capital. Mr. Ranjan Pai, Chairman, Manipal Group. Dr. Shailendra Singh of Peak XV Partners and Gaurav Trehan, CEO of KKR India.
Looking back on the achievements of the winners, Rajiv Memani, Chairman and CEO, EY India, said: Said, “A heartfelt congratulations to the esteemed winners and finalists of EOY 2023. They are true symbols of entrepreneurial excellence who have transformed their businesses and created new markets where none existed. What sets them all apart is their scale, customer-centricity and innovation. They’ve used that to build their businesses.”
This year, this prestigious EOY Awards program was sponsored by IDFC FIRST Bank.
Mr. Farooq Bulsara, Partner and EOY India Program Leader, Said, “EOY is a celebration of entrepreneurship, and each year our winners and finalists inspire us with their unwavering vision, incredible resilience, and passion for making a difference. We congratulate the 2023 winners who form a distinguished league of entrepreneurs dedicated to building a better India through their significant contributions to the broader community.”
twenty fiveth EY EOY India Award Commemoration
The theme of the 25th Anniversary Award was: “Those who build a better India””, he praised all previous recipients whose resilience, adaptability, and visionary leadership have made significant contributions to the country’s progress. His notable EOY winners in the past 25 years include Mukesh Ambani (2000), Ratan Tata (2003), Anand Mahindra (2009), Kumar Mangalam Birla (2005), Sunil Bharti Mittal (2004) ), including industry heavyweights such as His visionary leadership continues to inspire and contribute to India’s progress. NR Narayana Murthy (2003), Uday Kotak (2014) and Kiran Mazumdar Shaw (2020) won the title of World Entrepreneur of the Year. Since its inception in India in 1999, the EOY program has celebrated over 350 outstanding entrepreneurs.
Read more about the EY Entrepreneur of the Year India program
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