Key Points
Vellayan Subbiah, Executive Vice-Chairman of Tube Investments of India (TII) and Chairman of Cholamandalam (Chola) Investment and Finance Co. Ltd., has been named the EY World Entrepreneur Of The Year 2024..
Selected from nearly 5,000 participants, including 51 winners from 47 countries, Subbiah's transformative leadership and commitment to sustainability and community welfare set him apart..
Since taking over leadership roles in his familys business nearly 15 years ago, Subbiah has navigated Chola through challenging times, significantly increasing its market capitalization..
I firmly believe that by approaching challenges as opportunities and committing ourselves to a path of self-improvement, there is no limit to what we can achieve, he said.. Rajiv Memani, Chairman and CEO of EY India, praised Subbiah's achievements, stating, "Vellayan has grown and transformed his businesses to remarkable scale through a customer-centric approach, innovation, and long-term sustainability at the core..
In the past decade, India has celebrated three winners of the EY World Entrepreneur Of The Year: Uday Kotak in 2014, Kiran Mazumdar-Shaw in 2020, and Vellayan Subbiah in 2024, with Narayana Murthy also having won the award in 2003..
