Siddhartha Lal, Managing Director and Chief Executive Officer, Eicher Motors, was named the EY Entrepreneur of the Year 2018 at the 20th edition of the EOY Awards in India.

“Siddhartha Lal has led an impressive transformation at Eicher Motors since he took over the reins in 2006, helping the company resurrect the Royal Enfield motorcycle brand in India and establishing it as a global brand icon,” EY said in a press release. Lal will now represent India at the EY World Entrepreneur of the Year Award (WEOY) in Monte Carlo from 6 – 8 June 2019.

Other awards

Azim Premji, Chairman of Wipro was honoured with the Lifetime Achievement Award for putting the Indian information technology industry on the global map. Kishore Biyani, popularly known as the king of retail was conferred the Business Transformation and Byju Raveendran of Think & Learn (BYJU’S) was conferred the Start-up category award.

Ritesh Agarwal of Oravel Stays (OYO Hotels and Homes) was conferred the Services category award. Bhaskar Bhat of Titan Company was honoured as the Entrepreneurial CEO for creating markets where none existed and building some of the largest and most trustworthy brands made in India.

Rajiv Memani, Chairman and Regional Managing Partner, EY India, said, “In the 20-year journey of the Entrepreneur Of The Year Program in India, we have seen Indian entrepreneurs make an invaluable contribution to propelling our country forward. The winners of this year are no different. They come from both traditional and new-age businesses, but what is common to them is how they have transformed companies or their industries or even created new markets where none existed. Technology, boldness, innovation and global impact are at the core of their enterprise.”

An eight-member independent Jury Panel led by Uday Kotak, Managing Director and Chief Executive Officer, Kotak Mahindra Bank selected the winners.