Deloitte India has announced the launch of the inaugural Enterprise Growth Awards (EGA) 2024, aimed at recognizing the achievements of exceptional family-owned businesses, unicorns, and soonicorns across North, South, East, and West India. Now open for participation, the awards will celebrate companies demonstrating outstanding leadership, innovation, and growth, as well as significant contributions to local community development.
The evaluation process will focus on key factors such as financial performance, innovation, and social impact. To be eligible, family businesses must have a sales turnover between INR 1,000 crore and INR 5,000 crore, with over 26% promoter ownership. Start-ups with a valuation between US$ 500 million and US$ 1 billion are also invited to apply. The awards will assess financial records from the past three years to gauge each company’s growth and community impact.
K. R. Sekar, Partner and Leader – Deloitte Private, Deloitte India, emphasized the crucial role these companies play in regional and national economic development. “These businesses contribute significantly to job creation, innovation, and growth, yet often remain under-recognized,” he said. The EGA aims to spotlight these key contributors, fostering a network of high-growth companies and encouraging collaboration for long-term economic progress.
Dhiraj Bhandary, Partner at Deloitte India, added that the initiative seeks to honor not just business performance but also the resilience and commitment of these companies. “We hope these awards will inspire others and contribute to sustainable and inclusive economic growth,” he said. The awards also provide winners an opportunity to network with industry leaders at regional events and participate in Deloitte’s prestigious Best Managed Companies programme.
