Anand Mahindra, Vice Chairman and Managing Director of Mahindra & Mahindra, was recently conferred with Business India’s Businessman of the Year award for 2007. Arun Sarin, CEO, Vodafone Group, UK gave away the award.
Receiving the award, Mahindra said, “It is an honour and privilege to receive this prestigious award. Awards like these inspire greater self-confidence. For us in India, there is no more diffidence, no turning back. India and Indian companies will continue aspiring to ‘disturb the Universe’.”
Speaking on the occasion, Sarin said, “I am delighted to present this award to Anand Mahindra, who has built the Mahindra Group into a world class company. India’s widely recognised success and continuing growth results from a combination of factors, amongst which have been the quality of our business leaders and entrepreneurs. We should increase our focus on developing the future leaders who will take India into the next phase of social, economic and global growth.”
The Award, now in its 26th year, was instituted by Business India in 1982 to recognise one outstanding individual in the business community who is a contemporary role model.
Mahindra runs the Rs 24,000-crore Mahindra & Mahindra Group, which was founded 62 years ago and is chaired by his uncle, Keshub Mahindra, who was Business India’s Businessman of the Year in 1989.
Mahindra was selected for this coveted distinction by an eminent jury. As is the tradition at Business India, the jury was chaired by Business India's Businessman of the Year 2006, Dr Baba Kalyani, Chairman & Managing Director, Bharat Forge.
Other members of the jury included Chanda Kochhar, Joint Managing Director & CFO, ICICI Bank; Debu Bhattacharya, Managing Director, Hindalco Industries; Adil Zainulbhai, Managing Director, McKinsey & Company India; Akhil Gupta, Senior Managing Director & Chairman, Blackstone India; Jignesh Shah, Chairman & CEO, Financial Technologies; and Hemant Luthra, President, Systech.