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March-April 2021 MARCH - APRIL, 2021 INDIAN BUSINESS LEGENDS Overview e in India, have been constantly thriving to contain the world’s second-largest outbreak called COVID-19 that has hugely impacted demand and supply chains and completely changed consumerW habits. e COVID-19 pandemic is a global health crisis but it has had vast economic and social repercussions. Every organisation, big or small has been forced to change the way it works to survive the changing landscape and cope up with the uncertainty brought by the virus. Businesses that have managed to sail through this tough scenario are the ones that focused on new innovations and digitization. Cover Image © WBR Corp 04 06 08 e nancial health and recovery of micro and small enterprises are Jayesh Desai Sahil Bhatia Paras Pandit essential for many Indian livelihoods. ese enterprises employ around Advertising Sales: Chairman, Rajhans Joint MD, Chairman and MD, 110 million workers and contribute 30 per cent of the country’s gross • Preeti Sahni • Girish Sharma (Desai-Jain) Group Baani Group Sheetal Infrastructure domestic product (GDP). • Mitu Midha • Anil Bhatia Pvt Ltd • Atishay Singh • Divya Bhatia e pandemic has deeply a ected consumer con dence and spending Marketing: power to record depths, registering 49.9 on the Reserve Bank of India’s Suma Nair monthly survey index last September – the lowest ever. As a result of Jitendar Gujar SHILPA GUPTA the pandemic, unemployment and in ation at uncomfortably high levels DIRECTOR, WBR Corp are two major problems the country is facing today. Some companies Distribution: have responded well to the COVID-19 crisis by radically mutating their Bindu Nambiar business models while others have lacked the resources and capacity to Kaushal Pillai try such moves. To read this issue online, visit: Advertising Operation: 14 17 19 www.magazine.wbrcorp.org • Chaitali Karia • Smita Suvarna e government has also taken several initiatives to revive the economy Azim Hashim Premji Ponni M Concessao Sachin Sinha • Krishna Gupta • Prashant Rane and consumer demand. is, in turn, has bene tted small businesses Chairman, Architect, Oscar & Ponni Founder & CEO, WBR Corp Locations Wipro Limited Architects IQLECT Software and the economy as a whole. Concepts like organisational agility and All Rights Reserved © 2009 Forbes LLC, Solutions Pvt Ltd digitization, which were once selectively desirable are now central to as to material published in the edition UK business survival. of Forbes Asia. All Rights Reserved. WBR CORP UK LIMITED 3rd Floor 207 Regent Street, e world is reeling from COVID-19 with certain economies slowly Designed by The Outperformers - London, Greater London, and cautiously reopening, the combined e ect of the pandemic and the Indian Business Legends necessary mitigation measures such as prolonged lockdown and physical United Kingdom, distancing have led to a global recession largely because of the rare twin W1B 3HH Anu Shah - - - - - - - - - - - - - - - - - - - - -10 supply-demand shock. Issue Editor: +44 - 7440 593451 Girish Arora - - - - - - - - - - - - - - - - - - -16 While the future is uncertain, it is possible to draw on the lessons of Anushka Singhal 26 INDIA the past few months and to see them as opportunities for improvement. Designer: Siddharth Vasudevan - - - - - - - - - - -18 WBR CORP INDIA Businesses need to work on responding to the current crisis while Komal G. Jayesh Bajaj simultaneously building a new working-normal that focuses on agility, CEO, D142A Second Floor, Prathamesh Volga Infotech Pvt Ltd Sachin Sinha - - - - - - - - - - - - - - - - - -19 Patel Garden digitization, and multi-stakeholder collaboration. ese components are not only interrelated but also need focused strategies to ensure success. DISCLAIMER Dwarka Main Road, The contents of this publication are based on the latest information made available to Dr Cyrus S Poonawalla - - - - - - - - - -20 is encompasses localisation of production, reskilling of the workforce the publishers at the time of publication going to print. Whilst every care is taken in the Delhi 110059 compiling of this publication, the publisher is not responsible or be made liable for any loss for a digitized economy, and considering non-traditional collaborations or damage of any kind howsoever arising as a result of any errors, inaccuracies or omissions +91-9811192562 in respect of any entry whatsoever. The content for various articles have been collected from Savitri Devi Jindal - - - - - - - - - - - - - -21 across di erent communities. various sources available in the public domain. The publisher should be informed of errors, inaccuracies or omissions discovered in the publication in writing. The respective organisations and individuals are solely responsible for the accuracy UAE is issue is a tribute to legendary business leaders who have kept the and contents of their own articles, and for all claims, losses, costs, expenses or damages Radhakishan S Damani - - - - - - - - - -22 whatsoever from of any person arising (directly or indirectly) from the publication and WBR CORP UAE momentum going for their organisation even in these tough times. contents of any articles. The publisher aims to provide accurate information, but are in no way responsible for the accuracy and contents for any Advertisement / Story / Article. Together, all the e orts being made would pay-o to help our country The publisher, its employees and agents therefore will not be liable for any claims, losses, Nandigram Srinivasa Rao - - - - - - - -24 1203 A Business Bay Bridge, costs, expenses of damages incurred or arising for any reason of any person (including but Dubai, UAE recover from the Pandemic and move towards a new phase of economic no limited to claims of negligence, intellectual property infringement and defamation) in connection with any articles. The publisher makes no warranty or representation in respect 27 Shilpa Shetty Kundra - - - - - - - - - - -28 growth and stability. of, nor do they endorse any product, service or other matter whatsoever appearing in the articles collated in this Marquee Edition. Suniel Shetty No part of this publication may be reproduced or transmitted in any material form or by any Indian Actor and means, including photocopying, image scanning, storing or recording by any means in any Ronit Bose Roy - - - - - - - - - - - - - - - -47 form nor broadcasting or transmission through any medium of any part of this publication Businessman by electronic means and whether or not transiently or incidentally to some other use of this publication, without the express written consent of the copyright owner. The views and opinions expressed in this supplement are not endorsed by Network 18 Media and Investments Limited. This is a marketing initiative and Forbes India journalists were not involved in producing this supplement. 2 FORBES INDIA MARQUEE THE OUTPERFORMERS - INDIAN BUSINESS LEGENDS MARCH - APRIL 2021 FORBES INDIA MARQUEE THE OUTPERFORMERS - INDIAN BUSINESS LEGENDS MARCH - APRIL 2021 3 Overview e in India, have been constantly thriving to contain the world’s second-largest outbreak called COVID-19 that has hugely impacted demand and supply chains and completely changed consumerW habits. e COVID-19 pandemic is a global health crisis but it has had vast economic and social repercussions. Every organisation, big or small has been forced to change the way it works to survive the changing landscape and cope up with the uncertainty brought by the virus. Businesses that have managed to sail through this tough scenario are the ones that focused on new innovations and digitization. Cover Image © WBR Corp 04 06 08 e nancial health and recovery of micro and small enterprises are Jayesh Desai Sahil Bhatia Paras Pandit essential for many Indian livelihoods. ese enterprises employ around Advertising Sales: Chairman, Rajhans Joint MD, Chairman and MD, 110 million workers and contribute 30 per cent of the country’s gross • Preeti Sahni • Girish Sharma (Desai-Jain) Group Baani Group Sheetal Infrastructure domestic product (GDP). • Mitu Midha • Anil Bhatia Pvt Ltd • Atishay Singh • Divya Bhatia e pandemic has deeply a ected consumer con dence and spending Marketing: power to record depths, registering 49.9 on the Reserve Bank of India’s Suma Nair monthly survey index last September – the lowest ever. As a result of Jitendar Gujar SHILPA GUPTA the pandemic, unemployment and in ation at uncomfortably high levels DIRECTOR, WBR Corp are two major problems the country is facing today. Some companies Distribution: have responded well to the COVID-19 crisis by radically mutating their Bindu Nambiar business models while others have lacked the resources and capacity to Kaushal Pillai try such moves. To read this issue online, visit: Advertising Operation: 14 17 19 www.magazine.wbrcorp.org • Chaitali Karia • Smita Suvarna e government has also taken several initiatives to revive the economy Azim Hashim Premji Ponni M Concessao Sachin Sinha • Krishna Gupta • Prashant Rane and consumer demand. is, in turn, has bene tted small businesses Chairman, Architect, Oscar & Ponni Founder & CEO, WBR Corp Locations Wipro Limited Architects IQLECT Software and the economy as a whole. Concepts like organisational agility and All Rights Reserved © 2009 Forbes LLC, Solutions Pvt Ltd digitization, which were once selectively desirable are now central to as to material published in the edition UK business survival. of Forbes Asia. All Rights Reserved. WBR CORP UK LIMITED 3rd Floor 207 Regent Street, e world is
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