The winners of the India Business Leader Awards for 2005 were declared at a glittering awards ceremony, organised by CNBC TV 18 in association with Airtel, on October 1 in the Capital.
The India Business Leader Awards are classified into three categories – the ‘India Business Leader’, ‘Innovator of the Year’ and ‘India Corporate Citizen of the Year’.
Finance Minister P Chidambaram handed over the most coveted ‘India Business Leader’ award to Debu Bhattacharya, MD, Hindalco Industries Ltd. Subir Raha, CMD, ONGC, was adjudged the ‘Innovator of the Year’, while Satish Reddy, MD and COO, Dr Reddy’s Laboratories, was felicitated with the ‘India Corporate Citizen of the Year’ award.
The evening commenced with a lively discussion on ‘Indian Leadership: Poised to go global’ steered by Sam Pitroda, Chariman and CEO, World-Tel Ltd, and Nandan Nilekani, CEO, President and Managing Director, Infosys Technologies.
Commenting on the confidence factor that Indian companies had started to discover, Nilekani said, “I think it’s not just in IT but in every industry that leaders and managers are far more confident about themselves, about their products, about their ability to achieve global success.”
Elucidating on the issue of whether we had a single blueprint that India Inc was moving towards, Nilekani said, “I think by and large people do see brand India as a knowledge based brand. People see this as the largest growing big market economy, so I think our brand is very strong in human capital and a brand, which has got innovations in the way they do processes and outsourcing. I think these are the things that seems to run in people’s mind if you look at brand India in the corporate sense.”
Echoing the same thought, Sam Pitroda said, “Today, brand India is based on IT, software and knowledge. No matter whichever corporation you are going to, you will always see Indian brand. We need to take a step to go beyond IT branding to some other areas as well and that’s the challenge for all of us.”
Agreeing with the fact that Indian leaders had discovered the confidence that the world had vested in them, Chidambaram laid stress on rural India, which required that confidence and urged the leaders in the service sector and the industry sector to spread this message to the rural hinterland.
The winners of the India Business Leader Awards were selected in a three-phase judging process with panels comprising lead judge Professor Mark E Zmijewski, Dean of Executive MBA programs, University of Chicago Graduate School of Business, while the Indian representative on the jury included Dr Amit Mitra, Secretary General, FICCI.
Speaking at the ceremony, Raghav Behl, Managing Editor, CNBC TV 18, said, “Indian business leadership has achieved significant global recognition and that has been the biggest impetus for us when we said that the time has come to get the awards to India, to have the awards instituted here and that’s when the Indian Business Leader Awards were born.”
He described the awards as the most intangible and the most indefinable quality of leadership.
All the winners will be representing India at the Asia Business Leader Awards to be held in Kuala Lampur in November this year.
The awards ceremony culminated with a musical rendition by musical maestro and Grammy award winner, Pandit Vishwa Mohan Bhatt and ace percussionist, Sivamani.