ABP News Network Porter Prize for Creating Distinctive Value
Mr. Tapan Singhel, MD & CEO, Bajaj Allianz Insurance received the award on behalf of his company. The citation reads “For your outstanding performance in the industry and ability to offer unique solutions to the customers. You effectively created new market spaces, segments and provided solutions that redefined the market.”
ABP News Network Porter Prize for Industry Architectural Shift
Sumant Sinha, Chairman & Managing Director, ReNew Power received the award on behalf of the company. The citation reads “For your outstanding performance in the industry and to recognize you for redefining the industry structure by challenging the very basis of competition, creating new business models, challenging the status quo and exploiting change.”
Porter Prize for Enabling Social Progress
Mr. Anuj Agarwal, COO, ICICI Foundation for Inclusive Growth and Ms. Anita Rajan, CEO Tata STRIVE & VP Tata Community Initiatives Trust received the award on behalf of their companies. The citation reads “For your outstanding contribution to the society to meet the basic human needs, establishing blocks that allow communities to sustain quality of life and creating conditions for individuals to reach their potential.”
Porter Prize for Excellence in Corporate Integration and Governance
Zarir Langrana, Executive Director and President (Global Chemicals Business), Tata Chemicals, received the award on behalf of his company. The citation reads “For your outstanding performance driven through excellence in corporate governance that is reflected in synergies between different aspects of business, superior performance and control mechanisms.”
Porter Prize for Creating Shared Value
Sarthak Ranade, Managing Director, Janssen India received the award on behalf of his company. The citation reads “For your outstanding performance in the industry and to recognize the high impact your organization has created by reconceiving products & markets, redefining productivity in the value chains, enabling community development and in turn creating economic progress.”
Porter Prize for Exploiting Trade Offs
Dr. Satyanarayana Chava, Founder, Laurus Labs, received the award on behalf of his company. The citation reads “For your outstanding performance in the industry and to recognise choices that made your strategy sustainable as they were not easy to match or neutralize due to which you were able to create barriers pertaining to emulation.”
Porter Prize for Leveraging Unique Activities
The citation reads “For your outstanding performance in the industry and to recognize your effective rendering of activities across the value chain that create competitive advantage. You clearly reflected tat good strategies depend on the connection among many things and on making interdependent choices”