IFBA 2022 Highlights: Piyush Goyal felicitates winners; Sun Pharma's Dilip Sanghvi honored with Lifetime Achievement award

--The need for all stakeholders to recognise and support the identified pathways to elevate GIFT City as a premier financial hub

--GIFT City should set out priorities for attracting more and more business and creating large-scale investment

--Proactive engagement by IFSCA and IRDAI with leading global insurance companies to establish GIFT City as a premier global hub for insurance and reinsurance

--Utilising maximum potential of Indian International Bullion Exchange IFSC (IIBX) in ensuring disintermediation and efficient price discovery

--Expansion of portfolio of services in sunrise niche areas such as logistics for precious metals, global insurance, aircraft-and-ship leasing to be provided out of GIFT City_

--Making GIFT City the global hub for accounting and financial back-office functions through a comprehensive legal framework, catering to accounting, auditing, and taxation professionals

--Collaboration between financial sector regulators in stimulating business activities in GIFT-IFSC

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--Indian economy is in good shape with $600 billion foreign reserves. India is the fastest growing large economy in the world

--We witnessed lowest inflation rates have been witnessed in last 9 years

--India's growth aim of 35 trillion in GDP gives largest business opportunity in the world

--It's a 30/30 journey, enjoying fruits of our demographic dividend; For next 30 years we will continue to be a large young population of people below 30

--The most important program of this government was giving access to toilets to everyone in the country.

-- In future, India will create value for shareholders but also focus on sustainable and inclusive growth

-- Commerce Minister Piyush Goyal asserted that India will become part of top 3 economies of the world

- Emerging Women Business Leader: Roshni Nadar
Malhotra, HCL Technologies Ltd
- Next-Gen Leader Award: Sudarshan Venu, TVS Motor
Company
- Lifetime Achievement Award: Dilip Shanghvi , Sun
Pharmaceuticals Industries Ltd

- Most Enduring Business – GUJARAT TEA PROCESSORS &
PACKERS LTD

– DHOLAKIA FOUNDATION

- Most Innovative, Disruptive & Transformational – HAVELLS
INDIA LTD
- Best Governance (JURY SELECT) – GMR AIRPORTS
INFRASTRUCTURE LTD
- Best Business Led by a Woman – THERMAX LTD
- Best Family Business – MUTHOOT FINANCE LTD

- Most Innovative, Disruptive & Transformational – CENTURY
PLYBOARDS (INDIA) LTD
- Best Governance – ROUTE MOBILE LTD
- Best Business Led by a Woman (JURY SELECT) – TVS SRICHAKRA LTD
- Best Family Business – MINDA CORPORATION LTD

- Most Innovative, Disruptive & Transformational – TEGA
INDUSTRIES LTD
- Best Governance – APCOTEX INDUSTRIES LTD
- Best Business Led by a Woman (JURY SELECT) – METRO Brands
- Best Family Business – BOROSIL LTD

“During and post covid as well 800 mln people are getting free food. Country today does not have a single starvation death.”
“Over 120 million toilets made over last few years.”
“This is India's time in sun -- to grow, invest and expand.”
“India will create value for shareholders but also focus on sustainable and inclusive growth.”

Encouraged by the inflation situation in India, Piyush Goyal said, “We are facing small hiccups in inflation. However, we have faced the lowest inflation in this 9 year period.” “India today is enjoying fruits of our demographic dividend with an average population under 30 years age,” he added.