Vellayan Subbiah Wins EY World Entrepreneur of the Year 2024
| Aspect | Details |
|---|---|
| Event | Vellayan Subbiah, Executive Vice Chairman of Tube Investments of India (TII) and Chairman of Cholamandalam Investment and Finance Co Ltd., won the EY World Entrepreneur of the Year 2024 award. |
| Key Achievement | Fourth Indian entrepreneur to win the global title. |
| Leadership Contributions | - Led Cholamandalam Investment and Finance Co Ltd. through significant growth. - Revamped Tube Investments of India (TII), driving share price growth. - Initiated India's first outsourced semiconductor and test facility through TII's subsidiary, CG Power. |
| Award Details | Subbiah was selected among nearly 5,000 participants from 47 countries for his entrepreneurial spirit, purpose-driven initiatives, and transformative leadership. |
| Previous Indian Winners | NR Narayana Murthy, Uday Kotak, and Kiran Majumdar Shaw. |
| Acknowledgments | - Rajiv Memani (EY India Chairman and CEO) commended Subbiah's scaling and transformation of businesses. - Carmine Di Sibio (EY Global Chairman and CEO) praised Subbiah's humility and dedication. |
| Impact | Highlights India's entrepreneurial prowess and commitment to sustainable growth. |