Press release

23 Feb 2023

‘Man of Steel’, Sajjan Jindal of JSW Group wins the EY Entrepreneur Of The Year™ Award 2022

New Delhi, 23 February 2023: Sajjan Jindal, Chairman and Managing Director, JSW Group was today named the EY Entrepreneur of the Year™ 2022 and will now represent India at the EY World Entrepreneur of the Year Award (WEOY) at Monte Carlo in June 2023.

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Related topics Entrepreneur
  • With combined revenues of over Rs. 2,00,000 crores, the EOY 2022 winners include a mix of family businesses, large organizations, and start-ups, employing more than 80,000 people
  • K P Singh, Chairman Emeritus, DLF Group was honoured with the Lifetime Achievement Award
  • The winners were selected by a distinguished seven-member Jury Panel, led by K V Kamath, Former Chairman, ICICI Bank Ltd.

New Delhi, 23 February 2023: Sajjan Jindal, Chairman and Managing Director, JSW Group was today named the EY Entrepreneur of the Year™ 2022 and will now represent India at the EY World Entrepreneur of the Year Award (WEOY) at Monte Carlo in June 2023. Shri Hardeep Singh Puri, Honorable Union Minister for Housing & Urban Affairs & Minister for Petroleum and Natural Gas, graced the ceremony as the Chief Guest and addressed the audience. Sri Amitabh Kant, G20 Sherpa and Former NITI Aayog CEO, presented the Special Jury Award to Mr. Deepak Bagla, Managing Director and CEO of Invest India, for his visionary work to attract and facilitate unprecedented foreign investments into the country.

The 7-member jury led by K V Kamath, Former Chairman of ICICI Bank, selected Sajjan Jindal as the EOY 2022 winner for his exceptional entrepreneurial journey in scaling the global conglomerate with presence in steel, cement, infrastructure, energy, and paints to revenues of US$22 billion, globally employing over 40,000 people. Sajjan Jindal has created a track record of executing large capital-intensive, technically complex, and state-of-the-art steel manufacturing facilities on principles of cost efficiency and operational excellence. He is now making a fast transition to renewable energy through acquisitions as also decarbonizing the value chain. Earning the sobriquet of ‘Man of Steel’, Sajjan Jindal was the first representative from India to serve as the Chairman of the World Steel Association.

In his address, the Chief Guest, Shri Hardeep Singh Puri, Honorable Union Minister for Housing & Urban Affairs & Minister for Petroleum and Natural Gas said, “As India moves forward on its path to becoming a U$5 trillion-dollar economy by 2025, entrepreneurs will play an integral role in fueling India’s economic growth and contributing to nation-building efforts. It was inspiring to note the impactful stories of the EOY Awards winners, who are contributing tremendously to India’s growth by creating value, generating employment for almost 80,000 people and are increasingly embedding sustainability in their businesses.  I congratulate all the visionary Winners and Finalists of EOY and also EY for organizing this memorable celebration of Indian entrepreneurship.  

K P Singh, Chairman Emeritus, DLF Group, was felicitated with the Lifetime Achievement Award for his pioneering work in architecting the real-estate landscape of the country. He is known for changing the rules and course of the sector by realizing his vision of building the Millennium City of Gurgaon. His contributions to the wider community and nation-building have won him numerous international and national awards including the Padma Bhushan in 2010.

Awards were also announced for nine other categories with the winners representing both mature industries and young entrepreneurs from startups. 

EY Entrepreneur Of The Year™ 2022 Category Winners

EY Entrepreneur of the Year™ 2022
Sajjan Jindal, Chairman and Managing Director, JSW Group
Lifetime Achievement
K P Singh, Chairman Emeritus, DLF Group
Category Winners
  • Start-up: Mahesh Pratapneni, Co-Founder and Group CEO, MedGenome
  • Financial Services: V. Vaidyanathan, MD and CEO, IDFC First Bank Ltd,
  • Energy, Real Estate & Infrastructure: Irfan Razack, Chairman and MD, Prestige Group
  • Manufacturing: Pradeep Kheruka, Executive Chairman, Borosil Group
  • Services: Pawan Jain, Chairman and Rubal Jain, MD, Safexpress Pvt. Ltd.
  • Consumer Products & Retail: Ravi Modi, Chairman and MD, Vedant Fashions Ltd. (Manyavar)
  • Life Sciences & Healthcare: Samina Hamied, Executive Vice Chairperson, Cipla Ltd.
  • Business Transformation: Vivek Kumar Jain, Chairman and MD, Gujarat Fluorochemicals Ltd. 

Rajiv Memani, Chairman and CEO, EY India, said, My heartiest congratulations to our 2022 EOY winners. Each one of them is an epitome of business excellence and a great source of inspiration for the future generation of entrepreneurs. They have completely reimagined their sectors or businesses and shown unparalleled resolve to scale their businesses with their deep conviction and a sense of purpose. As India progresses into its Amrit Kaal, it is inspiring to see the immeasurable contributions they are making to India’s transformation and economic progress.”

Says Farokh Balsara, Partner and EOY India Program Leader, “Heartiest congratulations to our 2022 Winners who have demonstrated immense passion and singular focus in achieving scale and profitability in their businesses.  While some have disrupted and created new market categories where none existed, others have taken bold steps to build businesses that have stood the test of time and are today market leaders. They reflect the true Indian entrepreneurial ingenuity.”

EOY 2022 Jury

The Winners were selected by an eminent seven-member independent Jury Panel led by KV Kamath, Former Chairman, ICICI Bank. Other Jury Members comprised of Harsh Mariwala, Founder and Chairman, Marico, Anjali Bansal, Founding Partner, Avaana Climate Fund; Amit Dixit, Asia Head Private Equity, Blackstone; Dr. Anish Shah, Managing Director and Chief Executive Officer, Mahindra Group; Sunish Sharma, Managing Partner and Founder, Kedaara Capital, Ireena Vittal, Independent Director on boards of Godrej Consumer Products, HDFC, Compass Plc and Wipro.

KV Kamath, Former Chairman, ICICI Bank and Jury Chair of EOY Awards 2022, said, “Each of the EOY 2022 Winners has an extraordinary story of resilience with an unstoppable spirit. They are synonymous with innovation, scale and inspiration, profitability which has helped them build lasting, future ready brands.  On behalf of the Jury, I congratulate all the finalists and the winners for their grit and determination to steer their organizations through difficult times and make an impact.”

The EY Entrepreneur Of The Year™ (EOY) Awards is the only global business award program in the world, which is celebrated across 60 countries. Now in its 24th year in India, it recognizes the unstoppable entrepreneurs who, with their innovation, resilience, and boldness, positively impact lives of millions and carve out a different future from the present. 

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Notes to editors

About 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.

About EY

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