Hurun Report India successfully hosted the 6th edition of 'Most Respected Entrepreneur Awards 2018', and awarded 13 marquee individuals among the richest 831 in the country, at an event held in Mumbai.
The awards were handed over by Rupert Hoogewerf, Chairman & Chief Researcher, Hurun Global and Anas Rahman Junaid, MD and Chief Researcher, Hurun Report India, in presence of a select group comprising of businesspersons named in the 2018 edition of the Barclays Hurun India Rich List 2018 - launched in September 2018.
Prakash Chhabria of Finolex wins Most Respected Entrepreneur of the Year Award and TS Kalyanaraman of Kalyan Jewellers conferred with the Most Respected Entrepreneur Award in the jewellery category.
Businesspersons from Bengaluru bag three categories among the 13 winners. Irfan Allana of Dubai-based Allana & Sons presented with Most Respected Business Family Award.
Commenting on the awards, Rupert Hoogewerf, Chairman and Chief Researcher, Hurun Report Global said, "India continues to grow in a robust way and in the process is expected to pave for those who aspire to create value. The awards are a testament to the effectiveness of connectivity, infrastructure development, ease of doing business and government's focus on industry in the past decade. The wealth may seem to be concentrated in the hands of a few names - but given the potential of the Indian economy, we expect the number to double in terms of individuals having over INR 1,000 crore wealth by 2022."
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Adding his views, Anas Rahman Junaid, MD and Chief Researcher, Hurun Report India, said, "For the society to grow in terms of aspirations, it is important to celebrate the heroes from the Indian business community and we are proud to have been doing it with these Awards. It is refreshing to observe - in terms of both, the India Rich List and the Awards that entrepreneurs from non-metros continue to make a promising impact. Tonight's Awards ceremony, witnessed 9 winners of the total 13 categories, hailing from non-metro Indian cities."
Launched in September 2018, Barclays Hurun India Rich List showcased the richest individuals in India having a net worth of INR 1,000 crore or more. The number of individuals featured in the 2018 edition has increased by a third to 831 from 617 in 2017.
Mukesh Ambani, Chairman, Reliance Group of Companies topped the List for the seventh consecutive year with a total net worth of INR 371,000 crore. The List was compiled on the basis of the net worth of living Indians as on 31st July 2018 when the rate of exchange to the US Dollar stood at INR 68.51. The list relates to Indians only, defined as born or brought up in India.
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