Vivek Chaand Sehgal is the EY Entrepreneur Of The Year India 2016

New Delhi, 24 February 2017

  • Share
  • Mr. Nandan Nilekani, Co-founder – Infosys, and Former Chairman – Unique Identification Authority of India (Aadhar card), felicitated with the Entrepreneur Of The Year Lifetime Achievement Award
  • Winners also announced in nine other award categories

Vivek Chaand Sehgal of the Motherson Sumi Systems Limited (MSSL), the flagship company of Samvardhana Motherson Group (SMG), was today named the EY Entrepreneur Of The Year (EOY) India 2016. Samvardhana Motherson Group, with MSSL, has presence in more than 26 countries across six continents and is amongst the top auto-component suppliers across the globe.

The awards were presented by Shri Piyush Goyal, Minister of State (Independent Charge) for Power, Coal, New and Renewable Energy and Mines, and Smt. Nirmala Sitharaman, Minister of State (Independent Charge) for Commerce and Industry, who were the Guests of Honour. Shri Piyush Goyal and Smt. Nirmala Sitharaman also presented awards across nine categories in the presence of over 400 guests including eminent business leaders.

Vivek Chaand Sehgal will now represent India at the EY World Entrepreneur of the Year (WEOY) Award in Monte Carlo, 7–11 June 2017. The EOY is the only global business award program in the world and is now in its 18th year in India.

Mr. Nandan Nilekani was honoured with the Lifetime Achievement Award for his invaluable contribution to the Unique Identification Authority of India (UIDAI) – the Aadhaar initiative, which is a pioneering citizen identification programme, unparalleled in scope and scale worldwide. As the Honorary Advisor to the National Payments Corporation of India (NPCI), he has also helped create the ecosystem for digital financial services in India. He has also played a major role in the growth of the Indian Information Technology industry and is a recipient of the Padma Bhushan, India’s third highest civilian honour, in 2009.

Winners were also announced in nine other award categories:

EOY India 2016 winners:

  • EY Entrepreneur Of The Year 2016: Vivek Chaand Sehgal
    Chairman, Motherson Sumi Systems Limited
  • Lifetime Achievement: Mr. Nandan Nilekani
    Co-founder, Infosys and Former Chairman, Unique Identification Authority of India (Aadhar card)

Category winners:

  • Business Transformation: Dr Abhay Firodia
    Chairman, Force Motors
  • Consumer Products & Retail: Chandubhai Virani
    Whole time Director, Balaji Wafers
  • Entrepreneurial CEO: Uday Shankar
    Chairman and Chief Executive Officer, Star India
  • Financial Services: Vishwavir Ahuja
    Managing Director and Chief Executive Officer, RBL Bank
  • Life Sciences & Healthcare: Samprada Singh and Basudeo Narain Singh
    Chairman Emeritus, and Executive Chairman, Alkem Laboratories
  • Manufacturing: Hari Mohan Bangur
    Managing Director, Shree Cement
  • Real Estate & Infrastructure: Vikas Oberoi
    Chairman and Managing Director, Oberoi Realty
  • Services: R Dinesh
    Managing Director, TVS Logistics Services
  • Start-up: Darshan Patel
    Chairman and Managing Director, Vini Cosmetics

Rajiv Memani, Chairman, EY India, says, “Each of our winners this year have taken forward their unique ideas with unwavering determination in the face of adversity. They have taken bold risks and transformed into leading players in their respective industries. Even in a challenging and disruptive business environment, these visionary entrepreneurs are continuously creating value, generating jobs and contributing to building a better working world.”

A distinguished nine-member jury led by Dilip Shanghvi, Managing Director, Sun Pharmaceuticals, selected the winners. Other jury members include Subodh Bhargava, Chairman, Tata Communications; Sanjeev Bikhchandani, Executive Vice-Chairman, Info Edge (India) Limited; Naina Lal Kidwai, Chairman, Max Financial Services; Uday Kotak, Managing Director, Kotak Mahindra Bank; Kalpana Morparia, Chief Executive Officer, JP Morgan Chase South Asia and India; Rishad Premji, Chief Strategy Officer, Wipro; Renuka Ramnath, Managing Director and Chief Executive Officer, Multiples Alternate Asset Management and A Vellayan, Executive Chairman, Murugappa Group.

EOY is the only business award to be based on self-nomination and it is now in its 18th year in India. Says Farokh Balsara, Partner and EOY India Program Leader, “Each of the winners this year, with their disruptive ideas and incredible innovation, has demonstrated perseverance and foresight to scale their businesses. Their stories of courage and ambition are truly inspiring and define the India of today and tomorrow. We, at EY, recognise and applaud the entrepreneurial spirit and exceptional achievements of all the winners.”

Read more about the 18th EY Entrepreneur of the YearTM at ey.com/in/eoy.

-Ends-

About EY Entrepreneur Of The YearTM 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.

About EY

EY is a global leader in its Assurance, Tax, Transaction and Advisory services. Our insights and the quality services we deliver help to build trust and confidence in capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In doing so, we play a critical role in building a better working world for our people, for our clients and for our communities.

EY refers to the global organization and may also denote one or more of the member firms of EY Global Limited, each of which is a separate legal entity. EY Global Limited, a UK company, which is limited by guarantees, does not provide services to clients. For more information on our organization, please visit ey.com.

This news release has been issued by EYGM Limited, a member firm of the global EY organization. It also does not provide services to clients.