Nikunj Kirtibhai Kanakia, Managing Director - Lifeline Industries Wins Youngest & Dynamic Entrepreneur Award at the India Leadership Conclave 2009

Nikunj Kirtibhai Kanakia, Managing Director - Lifeline Industries honoured with the Youngest and Dynamic Entrepreneur Award at the India Leadership Conclave 2009, organized by ASSOCHAM and the Wockhardt Foundation.

Mr Kanakia won this award for creating and growing Lifeline Industries into a successful pharmaceutical company with eight manufacturing facilities and market reach across the globe. Mr Kanakia started his venture six years ago at a leased out facility on the outskirts of Mumbai and grew it into a successful venture, which today stands at Rs 450 crore. His growth during this period he has grown the company by the acquisition route by taking over eight companies.His greatest ability has been to take over six units and turn them around to successful business units, which meet regulatory norms

The India Leadership Conclave 2009 felicitated Indian leaders and successful businesspersons of India Inc who have made an impact on the economy. The awards were decided by a distinguished panel of judges which ahs been formulated by picking up the think tanks from all walks of life. The award panel looked at a cross section of the industry from large conglomerates to emerging mid-cap and small cap companies including unlisted companies.

Mr. Huzaifa Khorikawala, CEO-Wockhardt Foundation of ILC said “When the panel was set up to identify and honour the people who have made a change to the Indian economy. Therefore, we will see the winners include industry icons to young entrepreneurs. We have studied and identified companies and individuals who have contributed to the industry and the economy, and who will emerge as the future leaders of India.” He added, “These awards are to facilitate people who have really made a difference even if their story has not been told out aloud. While we have industry icons who rightly deserve the award we also have looked at emerging companies and their leadership. We believe in the philosophy that Merit has no bars”

The awards, which were given under the various categories, felicitated Indian leaders and successful businesspersons of India Inc who have made an impact on the economy. The awards were decided by a distinguished panel of judges, which has been formulated by picking up the think tanks from all walks of life