‘Ernst & Young Entrepreneur of the Year Award 2010-Start Up’ by Ernst & Young, India

Entrepreneur of the Year 2010

Feb 7, 2011

Jaipur Rugs Company Chairman & Managing Director Nand Kishore Chaudhary felicitated at the most prestigious Ernst & Young Entrepreneur of The Year 2010

Mr. Nand Kishore Chaudhary (NKC) bagged the only global business award of Ernst & Young Entrepreneur of the Year-Start Up 2010. This award commemorates and encourages the most resilient of Indian entrepreneurs. NKC’s innovative thinking and entrepreneurial success became synonymous of his victory. He was chosen among the 18 deserving legendary business leaders of today such as Emami, Hero Honda Motors, etc.

The celebration banquet of the Ernst & Young Entrepreneur Of The Year®was held at Taj Palace, New Delhi. 350 people attended it.

The jury and their judging criterion “I am delighted to be associated with these awards, which are known for their rigorous and transparent selection process. We received an excellent quality and number of nominations this year. The jury considered parameters which combined ambition with pragmatism; goal orientation with adaptability and growth with impact,” said Mr. Damodaran. The jury had a careful selection procedure with a record 312 nomination received this year. E&Y’s self nomination-based award and its short listing process was conducted by its stupendous list of jury members. The jury chairman was Mr. M. Damodaran, former chairman of SEBI, IDBI, UTI. The rest of the members included Ms. Naina Lal Kidwai (HSBC India); Mr. Sunil Kant Munjal Hero Corporate Services); Mr. Dalip Pathak (Warburg Pincus); Mr. P.R.S. Oberoi (The Oberoi Group); Mr. A. Vellayan (Murugappa Group); Mr. Sanjay Nayar (KKR India) and Mr. Rajiv Lall (IDFC).

Nominees for the 12th Edition E&Y Entrepreneur of the Year 2010 “Our list of finalists this year is both inspiring and exciting, representing a combination of individuals who have either created market leadership in their own segments; successfully transformed businesses in challenging times; made a mark on the global stage; or opened up new vistas of opportunities with path-breaking innovations,” said Country Managing Partner, Ernst & Young India, Mr. Rajiv Memani.

The finalists were: A.M. Arun, Chmn and MD, Vasan Health Care Pvt Ltd; Ajay Kaul, CEO, Jubilant Foodworks Ltd; Deep Kalra, Founder and CEO, MakeMyTrip Ltd; Dilip Shanghvi, Chmn and MD, Sun Pharmaceutical Industries Ltd; Mallika Srinivasan, Chmn, Tractors and Farm Equipment Ltd; N.K. Chaudhary, MD, Jaipur Rugs Company Pvt Ltd; Naveen Jindal, Ex-Vice Chmn and MD, Jindal Steel & Power Ltd; R. Sridhar, MD, Shriram Transport Finance Company Ltd; R.S. Agarwal and R.S. Goenka, Executive Chmn and Director, Emami Ltd; Rahul Bhatia, MD, Interglobe Aviation Ltd; Rajesh Agarwal, MD, Micromax Informatics Ltd; Mr. Rajju Devidas Shroff, Chmn and MD, United Phosphorus Ltd; Rajiv Mittal, MD, VA Tech Wabag Ltd; Rajiv Bajaj, MD, Bajaj Auto Ltd; Sameer Manchanda, Chmn, DEN Networks Ltd; Shyam S. Bhartia and Hari S. Bhartia, Chmn and MD/Co-Chmn and MD, Jubilant Life Sciences Ltd; Vivek Chaand Sehgal, Vice-Chmn; Motherson Sumi Systems Ltd

About the Ernst & Young Entrepreneur Of The Year Mark Otty, Chairman, Ernst & Young’s Europe, Middle East, Africa and India (EMEIA) Area said, “It is inspiring to see the emergence of Indian entrepreneurs on the global platform. At Ernst & Young, we are proud to honor such individuals who are building economies, supporting communities and creating jobs. We believe entrepreneurs are the key to economic recovery.” Ernst & Young Entrepreneur Of The Year® is a unique award that catapults to a global recognition to foster entrepreneurial activity among budding entrepreneurs. It also inspires the contribution of people and their vision, achievement and leadership in more than 140 cities in 50 nations.