Try GOLD - Free

Fortune India Magazine - October 2024

Oops! Sorry, this magazine is blocked in your country.

In this issue

Fortune India’s special package this issue is our annual offering — India’s Best CEOs. Fortune India’s class of Best CEOs 2024 across 26 sectors reflects all of that and more as some of India’s most successful corporate titans left an indelible impression on their companies and the industries they lead. Among those are: Best of the Best Sajjan Jindal
who started from scratch to create India’s biggest steel company with 28.2 million tonne capacity; S.N.Subrahmanyan of Larsen & Toubro who is transforming the construction giant into a technology-led, futureready conglomerate; Vivek
Chaand Sehgal of Samvardhana Motherson who has created a $12 billion auto components empireacross 44 countries; and Sanjiv Puri of ITC who led the metamorphosis of what was primarily a cigarette maker (which accounted for 90% of its revenue) into an FMCG, hotels, agri and paper giant like no other in India Inc. Read about the heroics of India’s Best CEOs2024 starting page 76.

JUDY MARKS, CHAIR, PRESIDENT & CEO OF THE $14.2 BILLION OTIS WORLDWIDE CORPORATION, EXPLAINS WHY THE TARGET OF 90% LOCALISATION MAKES SENSE IN INDIA.

JUDY MARS, CHAIR, PRESIDENT & CEO, OTIS WORLDWIDE CORP. ON LOCALISATION IN INDIA.

4 mins

Soaring Markets Trigger Family Disputes

BUSINESS FAMILY DISPUTES re-emerge each time market valuations soar. The latest is Oberoi family's battle over the hotel empire. The legal battle in the Delhi High Court stems from two conflicting wills of P.R.S. Oberoi, who passed away 10 months ago.

2 mins

AYUSHMAN FOR SENIOR CITIZENS: SIMILAR SCHEMES TO COVER WOMEN AND CHILDREN, OR PATIENTS WITH TERMINAL ILLNESSES LIKE CANCER, IS HOW IT MUST EXPAND.

CENTRAL GOVERNMENT has announced extension of Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (ABPM-JAY) to all senior citizens aged 70 and above, irrespective of their socio-economic status. It now covers an additional six crore senior citizens.

2 mins

SEMICONDUCTOR DREAM GETS REAL

INDIA'S TOP COMPANIES ARE MAKING BOLD MOVES IN THE SEMICONDUCTOR SPACE, SEIZING THE MOMENTUM OF THE GLOBAL \"CHIP GOLD RUSH.\"

8 mins

How Spiralling Sovereign Debt Hurts The Poor

Spending on health, education hit as nations work on repayments.

7 mins

Capital Allocation Takes Centre Stage For CEOs

The evolving private capex story shows some CEOs are betting heavily on the future, while some are making the best of existing resources.

8 mins

Leadership In A Volatile World

How rising global and business uncertainties are forcing CEOs to think on their feet.

10+ mins

Why Deep-Tech Fascinates Corporate Leaders

CEOs face multiple challenges in migrating to next-generation technologies in a transforming world.

6 mins

Boost For India's Generic Pharma Majors

Biocon, Dr Reddy's and Mankind Pharma stress on development and manufacturing of biological drugs, look to cash in on a growing market.

5 mins

IN Salaries: CEOS Drive A Hard Bargain

Top executives push for incentive-based options as companies set stiffer targets.

5 mins

Apollo's Healthcare Architect

Dr Prathap Reddy, who introduced corporate healthcare to India, has built Apollo into the country's largest hospital chain, with technology at the forefront.

4 mins

Sajjan Jindal's Home Run With New Biz

Paints, cement, renewables post impressive numbers as group drives into the EV space.

4 mins

L&T's Intuitive Engineer

How S.N. Subrahmanyan is quietly preparing the engineering-to-tech conglomerate to emulate Siemens' transformation

6 mins

The Vanguard At Motherson

Vivek Chaand Sehgal sees Motherson go beyond automotive business as a global diversified engineering company.

6 mins

Venu Takes TVS Premium

Puts Europe at the centre of plans to take the company into higher margin categories.

4 mins

The Transformer At Apar

Kushal Desai has put the electric equipment maker on growth path by tapping into a record increase in transformer capacity.

5 mins

Minda Revs Up For Electric Future

Nirmal K. Minda leads auto parts maker into the future with investments in electric and other emerging technologies.

4 mins

Arya's EV Drive Hits Pay Dirt

Nishant Arya has led JBM Auto into electric vehicles, charging infrastructure, batteries, renewables and more.

4 mins

Shah Rides SUVs to Drive M&M's Top-line

Emphasis on 'capital allocation discipline' and robust performance by auto business help company post 18.4% ROE in FY24.

6 mins

Chand's Growth Focus Helps BOB Beat Peers

Fast loan growth and sharp decline in bad loans help the bank grow profits by 129% CAGR over three years.

3 mins

Pivoting ABB India

Sanjeev Sharma changes focus to fast moving industrial goods to put company on a growth highway.

2 mins

Jhanwar Cements UltraTech's Dominance

Spate of acquisitions and organic expansion make UltraTech the top cement company in the country.

3 mins

Deepak Mehta Thrives On Import Substitution

Timely bets on phenolics, chem-tech products help Deepak Nitrite stay ahead of the curve.

3 mins

Crafting Dixon's Electronics Revolution

Lall aligns Dixon's strategy with Make In India to build an electronics behemoth.

4 mins

Making ITC Future-Ready

Sanjiv Puri banks on innovation, agility and technology in ITC's journey from a tobacco company to a diversified conglomerate.

6 mins

Varun Beverages' Master Bottler

PepsiCo's largest bottler outside U.S. tapped newer geographies for next leg of growth.

4 mins

Food-Techie At Zomato

Deepinder Goyal's strategy of investing in super brands such as Blinkit, as opposed to creating SuperApps, has reaped rich dividends.

4 mins

HCL Tech's GenAI Pivot

As the second-longest serving CEO of HCLTech, C. Vijayakumar leads the company's tech offerings in the Al/GenAl era.

4 mins

Kalra Puts Persistent Growth On Steroids

Sandeep Kalra added technology capabilities and improved go-to-market strategy to deliver industry-beating growth.

4 mins

Fuelling Adani Ports Maritime Ambitions

How Karan Adani is taking APSEZ global through acquisitions and partnerships.

3 mins

Pai's Innovation Adds Shine To Hindalco

Leadership in ESG, launch of future-ready products help company take pole position.

3 mins

Oil India's New Profit Engine

Ranjit Rath takes to new techniques to monetise discoveries, upgrades infrastructure, boosting the market cap of the Maharatna CPSE.

4 mins

Patel Bets On Next-Level Patient Care

Focus on handholding patients through the disease cycle, a large pipeline of 300-plus molecules put Zydus ahead of the rest.

4 mins

Venkat Times It Right For Titan's Global Forav

Titanian chalks out plan to take India's lifestyle brand international, this time with greater firepower and an eye on the Indian diaspora.

6 mins

Patel Redefines KPI's Green Agenda

Mastery of the entire green energy cycle helps KPI become a key player in India's renewable initiatives.

4 mins

Rising Steel Demand Adds Heft TOJSPL

Naveen Jindal-led firm cashes in on the government's infrastructure focus with speciality products like railroad rails and large beams.

3 mins

How We Did It

THIS IS THE THIRD EDITION of Fortune India Best CEOs that identifies and ranks the best corporate performers in India Inc.

2 mins

ENTREPRENEURIAL POWER PLAY

Fortune India 40Under40 Awards celebrated the achievements of young business leaders.

4 mins

Read all Stories from Fortune India

Fortune India Magazine Description:

Publisher: Business-Media-Pvt-Ltd

Category: Business

Language: English

Frequency: Monthly

Fortune India, is your ultimate guide to business, economy, and leadership. From corporate power moves to disruptive startups, Fortune India bring you deep insights, expert analysis, and inspiring success stories that shape India’s financial and entrepreneurial landscape.

1. Business & Economy – Exclusive reports on market trends, policy shifts, and economic developments. 

2. Leadership & Strategy – Meet the CEOs, founders, and visionaries redefining industries. 3. Wealth & Investment – Smart strategies for investors, market insights, and expert financial advice.

4.  Tech & Startups – The latest in AI, fintech, and innovations driving India’s growth story.

Subscribe Fortune India today to think big, invest smart, and lead with vision.