Business

Anil Agarwal, Chairman, Vedanta Group honoured as the ET Business Leader of the Year 2012

Jharsuguda : Anil Agarwal, founder chairman of Vedanta Group, one of the worldïż½s largest diversified natural resources groups, has been honoured with the coveted Economic Times Business Leader of the Year 2012 Award. The award was presented by the Hon. Prime Minister of India, Dr. Manmohan Singh in Mumbai.

ïż½The Economic Times Business Leader of the Year Awardïż½Is a part of the ET Awards for Corporate Excellence, given annually by Economic Times, worldïż½s second largest read financial daily. The Business Leader of the year award ïż½seeks to honour a leader who has clearly demonstrated a strategic direction for success, and pursued a visionïż½

ïż½On receiving the honour, Mr. Anil Agarwal, said, ïż½It is a great honour and I feel humbled for having been chosen to receive this recognition. I thank the jury and the Economic Times for giving me this award.ïż½ïż½This award is a recognition of the Indian entrepreneurial spirit which has delivered world class projects in infrastructure and resources. India has one of the largest deposits of natural resources in the world. Exploration and development of these resources in a sustainable manner has the potential of creating mass employment, eradicating poverty and making India a self sufficient economy.ïż½

ïż½The Economic Times feted Mr. Agarwal for having driven ïż½growth in trying timesïż½. They also acknowledged that his ïż½growth story is different from typical first-generation entrepreneursïż½ because he was able to ïż½expand in India and overseas with money raised in global marketsïż½. That set him apart from other Indian entrepreneurs who have expanded in India with domestic capital.

ïż½The ET Business Leader of the Year Award is yet another recognition of Mr. Agarwalïż½s achievements. He has also been feted with the prestigious E&Y Entrepreneur of the Year Award in 2008, and Mining Journalïż½s coveted Lifetime Achievement Award for the year 2009. He was featured by the Forbes Magazines as one of the ïż½48 heroes of Philanthropyïż½ in the world.

– Source ET

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