IBLA 2023 Highlights: By 2047, we will have a per capita income of close to $20,000, says Piyush Goyal

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Entertainment Leader of the Year - Sunny Deol

NR Narayana Murthy, Co-founder, Infosys, said, "This year is all about hope, confidence, and optimism. All of this has happened because of our Prime Minister. It is whether urban or rural India, or educated India or not so well educated India, whether it is rich or poor, everybody is positive and that is an extraordinarily difficult task."

Lifetime Achievement -- Uday Kotak

Uday Kotak's visionary address: Transforming India with 9% GDP growth for next 25 years and beyond; dreams of a 30 trillion economy

Uday Kotak, Founder, Kotak Mahindra Bank, said, "I believe 60 is the new 40. And, thank you for giving me an award at the age of 44. At this point of time, I wish all of us celebrate India at 100. And, how do we transform India. The aim of 9 percent per annum GDP for the next 25 years. What does it take for people, policy makers, practitioners, to achieve this? All of us should dream for 30 trillion economy. And, percapita income of every India at $15000 plus from its current $2500. This is the dream."

: Brand Campaign of the Year - Spotify

Vijay Dhasmana - Jury Recognition to Climate Consciousness

Climate activist Vijay Dhasmana said India has committed to 25 million hetares of ecological restoration, and business leaders can make this happen. I have a fantastic team of women who help in executing the ambition. Ove 80 corporate partners work with on this project with us. We have transformed mines or dumping grounds into thriving forests."

Sandeep Patel, founder and CEO of NEPRA, accepted the award from Union Minister Piyush Goyal. Speaking, he said, "We always realised a better way of doing things. In the last two years, we have learnt what not to do. We have been building and taking our vision forward."

Outstanding Contribution to Public Service - Amitabh Kant

Reflecting on his four decades of public service and sharing insights into his upcoming venture, Amitabh Kant, G20 Sherpa, revealed his plan to embark on extensive travels across the country. He expressed a desire to gain deeper insights, engage in reading and writing, and explore creative pursuits in his next project.

Katrina Kaif after accepting the award from Union Minister Piyush Goyal said, "Had a dream to start my own beauty brand, I wanted women represented. Kay Beauty is truly my heart's passion. Out product is phenomenal. For us the sky is the limit."

On plans to take Kay Beauty global, Katrina Kaif said, "In a few weeks, we are entering the US, Dubai markets. I just returned from Saudi Arabia. There is so much love for Kay Beauty there. I am very very excited that Kay Beauty will enter international market soon."

She also hopes Kay Beauty becomes the most-well known brand in India.

The age of electric vehicles has arrived. Another two-three years, I see all new two-wheeler sales being electric. In three-wheeler sales, we are close to 100 percent electric or CNG-driven. In four-wheelers, we are only around 2 percent. But I know that Maruti is close to coming out something soon. Tata is active in the EV space. Mahindra will come out with some fantastic offering. We will see a lot of action in the four-wheeler space. Therefore, Tesla will not like to miss out on the action: Piyush Goyal

By and large, inflation has been under control… We remain a step ahead of the curve and I can assure the people of India that we will make sure that you will continue to get your high-quality food stuff at an affordable price: Piyush Goyal

Even if we were to grow 7 percent per year on average – although my own sense is that our growth will accelerate going forward and inch toward a double-digit number – and 4-4.5 percent inflation, this gives us nominal growth of 11-11.5 percent. Assuming rupee depreciation of 1-1.5 percent per year, that gives us nominal growth of 10 percent in US dollar terms. So that means it will take 7 years to double our economy in US dollar terms. It should not take more than 25-27 years to be a $35 trillion economy: Piyush Goyal

We must not have a society that is dependent on doles. We don’t look at any state from the lens of who they voted for. By 2047, we will have a per capita income of close to $20,000: Piyush Goyal

Musk is so active on X that he will let us know when he wishes to set up Tesla in India, says Goyal

We respect the verdict of the people. Every election is standalone. We must grant that the Congress has won Karnataka and a few other states. But on the national stage, people of India have got benefits without discrimination. Mr Modi has changed the aspirations of the common man. That is what is driving the Indian economy: Piyush Goyal

Commerce Minister Piyush Goyal: Looking at Prime Minister Narendra Modi’s popularity ratings…I see very little possibility of losing any seats in the 303 seats that we (the BJP) had won. There may land up with an occasional mishap here or there. I think the entire northern belt, the north-western belt, was a clean sweep and we will continue to get that. Uttar Pradesh last time we got around 64 seats. My own sense is that this time we will go for the jugular. We will be looking at 80 seats.

Piyush Goyal: We are looking at winning 330-335 seats this time around.

For me, the BJP was victorious yesterday, today, and will be tomorrow. We are wining very comfortably in Madhya Pradesh and Rajasthan: Commerce Minister Piyush Goyal

In Chhattisgarh, elections have usually been very close with a margin of 1-2 percent. The difference this time is that the Bastar region, which has traditionally been a weak link for the BJP, has been very good for us. Looking at the feedback from Bastar, we may land up with a good win in Chhattisgarh also: Commerce Minister Piyush Goyal

Shobana Kamineni, executive vice-chairperson, Suneeta Reddy, MD, Dr Sangita Reddy, Joint MD, received the award on stage from Piyush Goyal, Union Commerce and Industries Minister.

The hospitals group said Apollo Hospitals revolutionised health care in this country. It is due to the foresight and vision Dr Pratap Reddy that the best of healthcare was brought to India.

M Sankaran, Director, U R Rao Satellite Centre, speaking on success of Chandrayaan3 said, "We knew it is going to happen. Everything happened according to how they planned. At the final touchdown, we saw it just happened."

Veeramuthuvel, Project director, U R Rao Satellite Centre, said, "It was a life-satisfying moment for all of us. We worked with utmost commitment for this mission. We had to get success and we have done it. It is more than a scientific achievement. It is country's achievement. It gives lot of motivation for us. We will come up with more interesting missions." He added, "The Prime Minister has already announced an Indian should be on moon by 2040. We are working fo this aim."

Shubman Gill expresses his aspiration to continue setting records in the long term. When discussing his next target, he highlighted South Africa, noting that India has not won a Test series there, and he is hopeful that this will change. On how he deals with the heartbreak of the World Cup, Gill emphasized the importance of the ability to move on, whether in victory or defeat, as a crucial factor for long-term success.

Sheetal Devi reflected on her achievements, attributing her success to the unwavering support of her parents since childhood. She credited her coach, Kuldeep Vaidwan, for imparting the skills of archery. She expressed gratitude for the collective support that has propelled her to accomplish significant feats in the sport. Regarding her training routine, Sheetal mentioned that she consistently practices on the ground. Looking ahead, she revealed that she has qualified for the Olympics and aspires to secure medals for the country.

On her journey, javelin thrower Annu Rani shared that she left her village with the aspiration of achieving something significant in life. When offering advice to girls, she emphasized the importance of parents supporting their children's interests and allowing them to pursue their dreams.

Regarding her future aspirations, Annu Rani mentioned that her next target is the Olympics.


Parul Chaudhary expressed that every athlete strives for victory on the track. She conveyed her happiness at achieving success with a gold medal and also revealed that she has qualified for the Olympics based on her performance at the World Championships.

When questioned about the company's perspective on excellence, Anand Deshpande, Chairman and Managing Director, emphasized that it revolves around meticulous planning and a continuous commitment to self-improvement.

On reaching $2 billion over the next two years, Deshpande said everything is doable and with strong set customers it is possible.

T Koshy, CEO of ONDC, accepted the award from Union Minister Hardeep Puri. He said whether ONDC will be next UPI moment for India, he said collectively they can grow many folds, and following the digital vision, it has come of age, and it is a global first, and the firm will be a game-changer.

He also said their ambition is that every citizen of the country should be able to benefit. He added they have come to the market not just for the priviled few.

Blu Smart co-founder Anmol Singh Jaggi on plans of pan-India expansion and targets, said their aim is to expand across the top eight cities in the next two years, and pan-India in the next four years.

On retaining customer experience and what drives them at Blu Smart, co-founder Punit Goyal said they are the only 4.9 rated company in the world, travelled nearly 25 million kms. He said they launched the company five years ago with 70 cars and now they have 6000 cars. He futher said cutomers like their brand for being reliable, for being on time, and for being in the mobility for tomorrow.

Sameer Nigam, Founder & CEO, accepting the award, and speaking on PhonePe's journey, said India is on the cusp of digital revolution and hopeful that the company will play its part. He further said IPO would be a milestone but thinking of billion Indians on digital payments.

On Israel-Hawas war, Hamas is a terrorist group, we condemn the attack. The focus should be towards peace: Hardeep Singh Puri

Since several COP meetings, India has quickly moved to reposition itself in climate changes: Puri

I should be called ‘Energy Transition’ Minister: Puri

'India will harness GenAI to its full potential if we use it in an assistive manner rather than a replacement,' says NR Narayana Murthy, Co-Founder of Infosys

'Need to separate risk from the volatility in India's bull market,' says Ramesh Damani, Member, BSE. ads, Charlie Munger has influenced generations of investors globally.

'I think e-rupee is a successful pilot driven by RBI,' says Dilip Asbe, MD & CEO, BHIM. He also says that it's a promising technology and hopes that RBI will take an appropriate step.

'HDFC was one of the first to start retail lending in India,' says Deepak Parekh, former Chairman of HDFC, sees lot of excitement in Indian private sector.

The HDFC-HDFC Bank merger was the mother of all mergers, was relatively smooth and successful owing to Deepak Parekh's leadership: Vibha Padalkar of HDFC Life.

"Looks like India is headed for a 6.5% GDP growth and it's time for the private sector to start spending," says Uuday Kotak, Founder of Kotak Mahindra Bank Ltd, addss that India must work on reaching a growth of 8.5 to 9%.

'Seeing strong resilience in urban demand and rural demand coming back gradually, but there is a twin reality,' says Hindustan Unilever's Rohit Jawa.

Punit K Goyal, Co-Founder, Blu Smart Mobility, says the startup will enter Mumbai market by Q3-Q4 of 2024. He says it will raise a total of $200 M by December 2023.

Adman Piyush Pandey, who arrived at the business awards ceremony, told CNBC TV-18, "Leadership is when you inspire lot more poeple. Leaders trust people and allow them to perform. They don't have to talk all the time. Their presence itself should be inspiration for others."

IBLA 2023 LIVE Updates: The 19th edition of the India Business Leaders Awards is underway. The awards honor the exceptional contributions of leaders, visionaries and enterprises to India's remarkable journey of success.

Most Promising Company of the Year, Young Turk of the Year, Outstanding Contribution to Climate Consciousness, Hall of Fame, Special and Para Sports Leader of the Year, Outstanding Company of the Year, Young-Turk Startup of the Year, Entertainment Leader of the Year, Outstanding Business Leader of the Year, Brand Campaign of the Year, Sports Leader of the Year, Outstanding Contribution to Brand India, The Distruptors, In Memoriam, Lifetime Achievement

The jury which decided on awarding the best performing companies and individuals was chaired by Manny Maceda, (Jury Chair), Worldwide Managing Partner, Bain & Company. It included Rohit Jawa, President, Unilever, South Asia and MD & CEO, Hindustan Unilever Limited (HUL); Zarin Daruwala, Cluster CEO, India & South Asia Markets (Bangladesh, Nepal and Sri Lanka), Standard Chartered Bank; Shyam Srinivasan, MD & CEO, The Federal Bank Ltd; Mithun Sacheti, Founder, CaratLane; Abhinav A. Bindra, Olympic Champion & Entrepreneur; Sandhya Devanathan, Head & Vice President, Meta India; Nikhil Kamath, Co-founder, Zerodha; and Dr. Anish Shah, MD & CEO, Mahindra Group.

The 19th edition will have discussions featuring Piyush Goyal, Union Minister for Commerce and Industry; Hardeep Singh Puri, Union Minister of Petroleum & Natural Gas and Housing & Urban Affairs, and also prominent leaders from the Indian business sector.

The awards will be presented across 16 categories, honouring some of India's most distinguished companies and business leaders.

CNBC-TV18 India Business Leader Awards (IBLA) are back. Join us as we celebrate excellence in business and leadership.