Rahul Bhatia, Group Managing Director, InterGlobe Enterprises, the travel company that owns Indigo airlines, has been named as the Ernst & Young Entrepreneur of The Year 2011.
Seven other successful entrepreneurs received these coveted awards across various categories at a function in Mumbai yesterday.
Bhatia will now represent India at the Ernst & Young World Entrepreneur of the Year Award in Monte Carlo, Monaco this year.
“Under his able captainship, Mr Bhatia has charted one of the most inspiring success stories in Indian aviation by creating India’s biggest low-cost carrier. The fact that such success was achieved in a competitive environment with several established players makes his achievement even more remarkable. Mr. Bhatia has the distinction of having won the Ernst & Young Entrepreneur of The Year award in the Services category in 2010,” a press release from Ernst & Young said.
Over 300 nominations were received for the Entrepreneur Of the Year 2011 and the winners were selected by a jury panel led by R C Bhargava, Chairman, Maruti Suzuki Limited.
The jury also named Deepak Parekh, Chairman, HDFC for the Lifetime Achievement Award, recognizing his immense contribution to the emergence of financial services in the country, as also to policy -making.
The Ernst & Young Entrepreneur of the Year (EOY) programme, now in its 13th year in India, is widely recognized as a premier business award and is the only global award programme to recognize entrepreneurs.
The following are the other winners:
. Business Transformation: Deep Kalra, Founder & CEO, Makemytrip (India);
. Consumer Products: Anand Burman, Chairman, Dabur India;
. Life Sciences and Healthcare: Desh Bandhu Gupta, Founder & Chairman, Lupin;
. Manager: Natarajan Chandrasekaran, MD & CEO, Tata Consultancy Services;
. Manufacturing: Vivek Chaand Sehgal, Founder & Chairman, Samvardhana Motherson Group;
. Services: Analjit Singh, Founder & Chairman, Max India Group;
. Start-up : Dr. BS Ajaikumar, Founder & Chairman, Healthcare Global Enterprises;
Apart from Bhargava, other members of the jury were Chanda Kochhar, ICICI Bank; Dalip Pathak, Warburg Pincus International; G.V. Prasad, Dr. Reddy’s Laboratories; Sanjay Nayar, KKR (India); Sunil Kant Munjal, Hero Corporate Service; and S Ramadorai, Tata Consultancy Services.