Brightest CEOs to Follow

Vol : 08 | Issue : 01 | 2024 Sou hIndia Review Brightest CEOs to Follow Leading the Charge How the CEOs of Tomorrow are Shaping Business Today? CEO 2.0 The Modern CEOs Redefining Leadership by Naviga?ng the Digital Age Proving that Enlightened Thought Works by Guiding Corporates Toward Prosperity

Brightest CEOs to Follow

ILLUMINATORS OF THE INDIAN INDUSTRIAL HORIZON I n the ever-evolving business landscape, the success of a company often hinges on the vision and leadership of its Chief Executive Officer (CEO). These individuals are not only responsible for steering the organization towards growth and profitability but also for fostering a culture of innovation and adaptability. As we move forward, several CEOs have emerged as beacons of inspiration, setting new standards for excellence and paving the way for their respective industries. These CEOs are also renowned for their strategic vision and ability to navigate complex business challenges. With a deep understanding of the competitive landscape and a knack for identifying opportunities, they have consistently led their company to new heights of success. Editors Note As we look ahead to the remainder of 2024 and beyond, the South India Review’s ‘Brightest CEOs to Follow,’ serve as shining examples of the power of visionary leadership, strategic thinking, and a commitment to excellence. By continuing to push the boundaries of what is possible and inspiring others to follow in their footsteps, they are paving the way for a brighter and more prosperous future for businesses and communities alike. These CEOs have captured the attention of the business world by their unwavering commitment to sustainability and social responsibility. By aligning their companies’ goals with the broader mission of environmental stewardship and community empowerment, these leaders have demonstrated that profitability and purpose can coexist. Further, they are renowned for their ability to anticipate market trends and disrupt traditional business models. With a keen eye for emerging technologies and a willingness to take calculated risks, these individuals have consistently led their companies to the forefront of innovation. They deserve recognition for their exceptional leadership skills and ability to inspire their team. By fostering a culture of collaboration, empowerment, and continuous learning, these individuals have created an environment where employees can thrive and reach their full potential. - Gaurav PR Wankhade Managing Editor

Story Content Cover 08 A R T I C L E S CEO 2.0 16 The Modern CEOs Redefining Leadership by Naviga?ng the Digital Age 20 Leading the Charge How the CEOs of Tomorrow are Shaping Business Today? Proving that Enlightened Thought Works by Guiding Corporates Toward Prosperity

C RED T I S Sou hIndia Brightest CEOs to Follow Review Vol : 08 | Issue : 01 | 2024 Editor-in-Chief Pooja M. Bansal Brightest CEO's to Follow Leading the Charge How the CEOs of Tomorrow Are Shaping Business Today? CEO 2.0 The Modern CEOs Redefining Leadership by Naviga?ng the Digital Age Managing Editor Gaurav PR Wankhade Assisting Editor Prajakta Zurale Visualizer Sandeep Tikode Art and Design Head Sameen Arif Associate Designer Nagaraj Patil Proving that Enlightened Thought Works by Guiding Corporates Toward Prosperity S S S SR R sales@southindiareview.com AUG, 2024 Corporate Ofces: Vice President Swapnali Vasaikar Asst. Vice President Tejaswini Whaval Team Lead Nitin Patil BDE Kevin Lara Insights Success Media and Technology Pvt. Ltd. Survey No.133/134, Brand Square, Ofce No. 512, Kunjir Chowk, Pimple Saudagar, Pune, Maharashtra 411027 Phone - India: +91 7410079881/ 82/ 83/ 84/ 85 Email: info@insightssuccess.in For Subscription: www.insightssuccess.in Featuring Company Description Eldho Joy, Founder and Managing Director Eldho Joy, based in Ernakulam, KL, IN, is currently a Founder & Managing Director at eWoke. eWoke Mathew Joseph, CEO Mathew Joseph, at the helm of Kerala Naturals, stands out as a dynamic leader with a deep passion for natural wellness. Technical Head Prachi Mokashi Technical Specialist Rajeshwari Avhad Kerala Naturals Insights Success Media Tech LLC 555 Metro Place North, Suite 100, Dublin, OH 43017, United States Phone - (614)-602-1754 Email: info@insightssuccess.com For Subscription: www.insightssuccess.com As the CEO, Naga has 51 years+ experience in Media (print & electronic), Branding, IRCA certified Lead Auditor in ISO 14001(Environment Management System), ISO 45001(Occupational Health & Safety) certifying companies for Stds, Legal, Training, TQM, Public Relations, CSR, HR & Admin. S. Nagasubramanian, CEO Enlightened Thought Works Pvt Ltd Digital Marketing Manager Renuka Kulkarni SME-SMO Executive Nikita Khadalkar Circulation Manager Tanaji Fartade Santhosh Balasundaram, the Founder and CEO of Shadow Etail, is a visionary leader with over two decades of versatile experience in the business realm. Santhosh Balasundaram, Founder and CEO Shadow Etail Venkat Katta, Co-founder and CTO Venkat Katta, the Co-founder and CTO of ATPOLE Technologies, is a rising star in South India's dynamic tech scene. ATPOLE Technologies Cover Price : Rs. 300/- https://twitter.com/southindiareview Follow us on : www.facebook.com/southindiareview/ Copyright © 2024 Insights Success Media and Technology Pvt. Ltd., All rights reserved. The content and images used in this magazine should not be reproduced or transmitted in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without prior permission from Insights Success Media and Technology Pvt. Ltd. Reprint rights remain solely with Insights Success. Printed and Published by Insights Success Media and Technology Pvt. Ltd. RNI NUMBER: MAHENG/2018/75953

F e a t u r i n g Proving that Enlightened Thought Works by Guiding Corporates Toward Prosperity precious gi? of existence.‘‘‘‘ With each mindful breath, each act of kindness, each moment of genuine connec?on, we inch closer to unlocking the true secret of life: living with inten?on, purpose, and a deep apprecia?on for the S. Nagasubramanian, CEO Enlightened Thought Works Pvt Ltd

des?ny.‘‘ Brightest CEOs to Follow L popularly known as Naga by all his admirers. “Life will change without your permission. It is up to you to change according to the change. Life is sweet – take time to taste it,” he adds. “Only you can change your life. No one can do it for you. Because you are the only one who can write your own destiny.” ife's secret is simple to read yet the most difficult to practice. “Your life will be a masterpiece if you master peace,” says S. Nagasubramanian, Naga elaborates that the key is consistency. Just as building a strong physical foundation requires regular exercise, cultivating a fulfilling life requires ongoing effort. There will be setbacks, moments when we succumb to old habits or lose sight of our intentions. But with each mindful breath, each act of kindness, each moment of genuine connection, we inch closer to unlocking the true secret of life: living with intention, purpose, and a deep appreciation for the precious gift of existence. Only you can change your life. No one can do it for you. Because you are the only one who can write your own Naga believes the secret mantra is understanding the delicate balance between awareness and action. It's about recognizing the fundamental truths of existence—the impermanence of things, the importance of human connection, and the power of present-moment awareness. However, truly integrating these principles into our daily lives is where the difficulty arises. Beyond his advisory roles, Naga is a prolific content writer, seasoned anchor, and voice-over consultant. He is a certified lead auditor in both Environmental and Occupational Health & Safety (OHS) standards. He has made significant contributions as a trainer in corporate social responsibility (CSR), human resources (HR), industrial relations (IR), and legal compliance. The Wisdom of Ages With over five decades of multifaceted experience, Naga comes to you as a master in excellence of corporate consultancy. As a distinguished consultant, his expertise spans a broad spectrum of disciplines, including public relations, media coverage, branding, and corporate communication. Naga’s take on everything is philosophical, yet you find that coming from his mouth, it sounds practical. When asked how we can change our situations from bad to better, he says, “We can’t upload luck. We can’t download time. Google can’t give all the answers in life. So just log in to reality and ‘Like’ the status of your Life.” Naga further says, “The Happiest people don’t have the best of everything. They just make the best of everything they have. Always remember that ethics, positivity, and respecting everyone make you glow. Your tongue and heart are made boneless so that they think and tender kindness.” He furthers, “Don’t judge by appearances. A rich heart may be under a poor coat. Comparison is a thief of joy. Nature gives you a wealth of health. Understand specifications before dolling out the offer. If you cannot catch a fish, do not blame the sea. Impossible is just an opinion. Your only limit is your mind. Trust is an invisible currency, hard to earn and easy to lose. So trust in it and believe in yourself.” Freeing from the Trap He explains that we may intellectually grasp that material possessions bring fleeting joy, yet we get caught up in the relentless pursuit of ‘more.’ We understand the importance of cherishing relationships, but the daily grind can leave us neglecting the ones we love. We acknowledge the power of mindfulness, but the constant barrage of distractions makes staying present a constant battle. Remember, the secret itself is not hidden or complex. It's readily available to anyone who seeks it. “The challenge lies in the daily practice, in the unwavering commitment to bridge the gap between what we know and how we live. And in that ongoing pursuit lies the greatest reward – a life filled with meaning, connection, and a profound sense of peace,” claims Naga. The secret lies not just in identifying these truths but in actively cultivating practices that bridge the gap between knowing and doing. It involves making conscious choices—prioritizing time with loved ones over work, practising gratitude for what we have, and deliberately quieting our minds through meditation or spending time in nature. From Barefoot Boy to Industry Leader: The Inspiring Journey of Naga Naga's story is a powerful testament to the transformative power of perseverance, education, and dynamic leadership. It underscores how one can rise from adversity to achieve greatness, embodying the spirit of resilience and

determination that defines successful leadership in modern business. Naga would return home without eating, only to walk back to school and later back home at 1:30 PM. Naga had a profound bond with his mother, Parvathy, whom he revered as his mentor and protector. In 1970, she advised him to enrol in shorthand and typing classes for a modest fee of ₹12, recognizing the high demand for stenographers with good English skills. With tears in his eyes, Naga reflects on how his mother often went hungry to ensure her children were fed, a fact he only realized decades later. The Spirit Strengthened Naga's journey from a humble background to a position of prominence is a story of resilience, determination, and unwavering commitment to excellence. Born into a low-income family, Naga's father, the late N. Sambamurthy moved from the village of Sathanur near Chennai to Pune during the Second World War in 1945. He worked as a primary school teacher at Saraswati Vidyalaya School in Somwar Peth, earning a meagre monthly salary of ₹20. Naga still cherishes his father's appointment letter to symbolise their humble beginnings. There were times when Naga's uniform was torn; to conceal this, he wore a sweater over it. He also remembers the humiliation of being sent home from school for non- payment of fees. The family's financial situation was so dire that Naga's mother often had to borrow rice or wheat flour from neighbours, which they ate without any vegetables. Despite these challenges, Naga's academic brilliance shone through. He received a double promotion in primary school and graduated from SSC (equivalent to 11th grade today) in June 1970 at the young age of 15.5 years. The Resolve Hardened Naga took on a part-time job at a furniture shop in Bhavani Peth, Pune, to support his education while studying in college. He walked 27 kilometres daily to earn a part-time salary of ₹50 per month. He dedicated himself to his studies, frequently reading in the Ness Wadia College library, and consistently achieved top grades. Meanwhile, he became proficient in shorthand and typing, reaching speeds of 130 and 70 words per minute, respectively. Naga dreamed of becoming a doctor, but his mother had to make him understand their financial constraints. He ultimately decided to pursue Commerce, joining a pre- degree commerce course on a scholarship. He recalls with gratitude an ex-serviceman, Mr. R.S. Sharma, who generously paid the ₹22 admission fee to Ness Wadia College, marking the beginning of Naga's college career. more.‘‘ The Flame Ignited Naga, the fourth sibling, was the only one of his parents' children to survive past infancy, as his three elder brothers tragically died young. His early years were marked by extreme hardship, often walking barefoot with his younger brother, Natarajan, 30 kilometres to and from Saraswati Vidyalaya. Despite the severe poverty, Naga's desire to achieve great things burned brightly within him. He often went to bed on an empty stomach, drinking only water to quell his hunger, yet he remained determined that he would rise to remarkable heights one day. On February 10, 1972, Naga registered at the Pune Employment Exchange. To his surprise, he received a call within ten days to attend an interview for the position of Personal Assistant to the Director at the Institute of Armament Technology (now DIAT) in Khadakwasla, Pune. He was selected for the position and began working with Dr. S.C. Mitra, a nuclear scientist. Due to his lean frame and unshaven appearance, a result of poverty, his boss initially doubted his age, but Naga explained his situation honestly. His parents were overjoyed at his securing a stable government job. Naga's journey of perseverance and determination continued as he juggled work and studies, cycling 30 kilometres across Pune to complete his B.Com, M.Com, Diploma in Business & Marketing Management, and Inter ICWA by age 25. He registered at Pune University under the guidance of the late Dr. K.M. Gavaskar, Vice Principal of BMCC, Pune, and began pursuing a Ph.D. However, he could not complete it due to the demanding hours of his job in the private sector. Kind-hearted neighbours and a generous cook from a nearby military mess frequently provided food for Naga and his brother, who were moved by their plight. Naga's sole focus was to work hard and gain wisdom, which he believed to be everlasting wealth. He recalls a time when a rat chewed through his sandals. Without money to pay a cobbler, his younger brother skillfully stitched them together, allowing Naga to continue his 15-kilometre walk to school, often on an empty stomach, with his father bringing breakfast during his school break. If his father were delayed due to transportation issues, We may intellectually grasp that material possessions bring flee?ng joy, yet we get caught up in the relentless pursuit of The Leader Awakened Naga transitioned to the industry, becoming Executive Assistant to the Chairman & Managing Director of the Finolex Group on September 15, 1980. Within a year, he moved to the Thapar Group, where he steadily rose to become the Head of Central Administration at Greaves Cotton, managing four group companies. After 18 years at

Greaves, he was offered a promotion that required relocation to Chennai, but being a staunch Punekar, he chose to stay in Pune and resigned on April 20, 1999. He then joined the RSB Group in Pune, where he found a mentor and guide, Mr A.K. Kaul, the Director, who had also been his boss at Greaves and RSB Group. contributions to the corporate world. His career spans the Ministry of Defence and several multi-crore corporate entities, including the Finolex Group, Greaves Cotton, and RSB Group, where he held senior management positions and became well-versed in Industry 4.0 technologies. Naga holds a Master's degree in Commerce, a Diploma in Business & Marketing Management, and a Diploma in Software Technology. He is an International Register of Certified Lead Auditors in Environment Management Systems and OHSAS, a Total Quality Management (TQM) expert, and a guest faculty member at several prestigious educational institutions. He has also been a chief guest at numerous colleges in Pune. Naga has a rich background of 51 years in the automotive, genset, and earth-moving equipment industries. He has led a ₹200 crore business centre for the spares vertical at Greaves Cotton & Co Ltd, contributed to media coverage, and has been involved in content writing, publication of business articles, and conducting channel interviews. He has also served as a certified lead auditor for ISO 14001 in yourself.‘‘ Today, at 71, Naga continues his professional journey, which he proudly calls “Naga 4.0.” His extensive career reflects his relentless hard work, grit, and unending thirst for excellence, yet he remains humble and simple despite his remarkable achievements. As the CEO of Enlightened Thought Works Pvt Ltd, headquartered in Bangalore and operating from Pune, Naga oversees operations and new business developments across India. Reflecting on his journey, he emphasizes, “I dream only of realities without an iota of fiction.” Enlightened Thought Works: Bridging the Gap Between Technology and Nature At Enlightened Thought Works (ET Works), Naga says they believe in the power of innovation, but with a twist. “We're not just about creating cutting-edge technology; we're passionate about ensuring it works in harmony with nature and enhances human well-being.” The company operates at the intersection of technology, human needs, and the natural world. “We design and develop products and services that utilize technology's potential to create a more peaceful and enjoyable life, all while keeping environmental responsibility at the forefront.” Whether you are looking for innovative solutions for businesses or tools to empower your personal well- being, ET Works offers a unique perspective. “Visit our website to explore our current https://et-works.co/ offerings and discover how technology can truly work for you and the world around you,” says Naga, whose success saga is more than just a list of achievements. Impossible is just an opinion. Your only limit is your mind. Trust is an invisible currency, hard to earn and easy to lose. So trust in it and believe (Environmental Management System) and ISO 45001 (OHSAS), headed HR/IR/Admin for three plants and been a jury member on several panels of the CII and the National Innovation Council, led by Dr R.A. Mashelkar. It's a tale of overcoming adversity, the unwavering support of family and mentors, and the power of believing in oneself. He is a true inspiration to all who dare to dream big, regardless of their background. The Legend Shone Brightest Naga has appeared on TV channels like Times Now and ETV, has been interviewed by elite business schools in the US, and has anchored numerous press conferences and business events. He has also served as the Chairman of the HR Committee at the Deccan Chamber of Commerce and has received numerous awards and accolades for his S S R

I n the rapidly evolving landscape of the 21st century, the role of CEOs has undergone a remarkable transformation. Today’s CEOs, often referred to as CEO 2.0, are not only responsible for overseeing corporate growth and profitability but are also key players in navigating the digital revolution. From embracing disruptive technologies to fostering innovation cultures, modern CEOs are redefining leadership, challenging traditional norms, and steering their companies toward long-term success. The Modern CEOs Redefining Leadership by Naviga?ng the Digital Age Embracing Digital Transformation One of the most profound shifts in the role of CEOs in the digital age is their direct involvement in digital transformation. Unlike previous generations, where technology was seen as a back-end support function, CEO 2.0 must integrate digital strategies into every facet of the organization. Leading companies through digital disruption means adopting emerging technologies like artificial intelligence (AI), data analytics, blockchain, and cloud computing to drive efficiency, agility, and competitiveness. CEOs like Satya Nadella of Microsoft and Sundar Pichai of Google have been prime examples of this trend. Nadella’s leadership has revitalized Microsoft by embracing cloud computing and digital services, transforming the company into one of the world’s most valuable brands. Similarly, Pichai’s focus on AI and machine learning has positioned Google at the forefront of digital innovation, pushing boundaries in search, advertising, and cloud solutions. Agile Leadership and Decision-making In the digital age, speed is of the essence. Modern CEOs must lead with agility, enabling their organizations to respond quickly to market shifts, technological advancements, and changing customer preferences. This means adopting an agile mindset in decision-making, allowing for flexibility, rapid iteration, and responsiveness. Gone are the days of lengthy deliberation and hierarchical bottlenecks. Today’s leaders must foster flat organizational structures that encourage open communication, collaboration, and fast decision-making. CEO 2.0 relies on data-driven insights to inform decisions, ensuring that they can adapt to evolving circumstances swiftly and strategically. CEO 2.0 16 | www.southindiareview.com Aug, 2024 17 | www.southindiareview.com Aug, 2024

Subscribe Innovation at the Core maintaining team cohesion. Additionally, leaders must focus on employee well-being, recognizing the challenges of remote work and promoting a healthy work-life balance. CEOs like Brian Chesky of Airbnb and Jack Dorsey of Twitter have embraced this shift by allowing remote work to continue indefinitely in their companies. They recognize that the future of work is flexible and are actively adapting their leadership styles to suit this new reality. Innovation is no longer the domain of R&D departments alone—it is a central responsibility for today’s CEOs. A company’s ability to innovate continuously and stay ahead of competitors is crucial in the digital era. Modern CEOs are tasked with nurturing a culture of innovation throughout their organizations, encouraging employees at every level to think creatively, take risks, and experiment with new ideas. Elon Musk of Tesla and SpaceX exemplifies this principle. His relentless pursuit of groundbreaking technologies has led to innovations not only in electric vehicles but also in space exploration. By prioritizing innovation, Musk has created an environment where visionary thinking thrives, setting a new benchmark for what CEOs can achieve in the digital age. Leading with Purpose and Sustainability Purpose-driven leadership has become a defining characteristic of CEO 2.0. In an era where customers, employees, and investors increasingly value sustainability and social responsibility, modern CEOs are expected to lead with a strong sense of purpose. This involves integrating environmental, social, and governance (ESG) principles into the core of their business strategies. Stay in the known. Subscribe to SOUTHINDIAREVIEW Magazine in print and digital on SOUTHINDIAREVIEW Data-Driven Leadership Another crucial aspect of modern leadership is the ability to harness data. With the explosion of big data and advanced analytics, today’s CEOs are expected to make informed decisions based on vast amounts of information. Data- driven leadership allows companies to identify trends, optimize operations, personalize customer experiences, and develop new business models. Purpose-driven leadership not only enhances brand reputation but also attracts talent, fosters customer loyalty, and drives long-term growth. Paul Polman, former CEO of Unilever, is a leading example of a purpose-driven CEO who prioritized sustainability and social impact while delivering strong financial performance. Under his leadership, Unilever embraced responsible business practices, reducing its environmental footprint while promoting ethical sourcing and community development. Get www.southindiareview.com CEO 2.0 understands that data is not merely a tool but a strategic asset that can drive growth and innovation. By using predictive analytics and real-time insights, these leaders can anticipate market changes, refine strategies, and stay ahead of competitors. Moreover, they focus on building data-centric cultures within their organizations, ensuring that data literacy and fluency permeate every department. Building Digital-first Cultures Finally, modern CEOs understand that success in the digital age requires a cultural shift. It’s not enough to implement technology and expect it to solve all problems. Instead, CEO 2.0 is focused on fostering a digital-first culture where innovation, agility, and collaboration are at the forefront. This involves breaking down silos, promoting cross- functional collaboration, and encouraging employees to adopt a digital mindset. CEOs who can cultivate this culture create environments where employees feel empowered to embrace new tools, adapt to changing technologies, and contribute to the organization’s digital transformation. Sou hIndia Review Managing Remote and Hybrid Workforces The digital age has brought with it new challenges in workforce management. The rise of remote and hybrid work, accelerated by the COVID-19 pandemic, has fundamentally altered the way organizations function. CEOs today must navigate this shift, ensuring that their companies remain productive, engaged, and connected despite physical distance. Looking Ahead The role of the CEO has never been more complex or dynamic than it is today. In the digital age, CEO 2.0 must be more than just a strategic visionary—they must be agile, data-driven, purpose-led, and innovative. The leaders who can navigate these complexities will not only ensure their organizations thrive in the present but also shape the future of industries and economies on a global scale. Managing a remote workforce requires a different approach to leadership. Modern CEOs must emphasize communication, trust, and autonomy. Tools like video conferencing, project management software, and collaborative platforms have become essential in 18 | www.southindiareview.com Aug, 2024

I n recent years, South India has emerged as a powerhouse of innovation and entrepreneurship in the manufacturing sector. This region, encompassing states like Tamil Nadu, Karnataka, Andhra Pradesh, Telangana, and Kerala, has witnessed the rise of a new breed of industrialists - the manufacturing mavericks. These visionaries are transforming traditional industries, embracing cutting-edge technologies, and putting South India on the global manufacturing map. This article explores the factors behind their success, profiles some notable figures, and examines the impact of this manufacturing renaissance on the Indian economy. How the CEOs of Tomorrow are Shaping Business Today? Historical Context of Manufacturing in South India: South India has a rich history of manufacturing that dates back centuries. The region was renowned for its textiles, particularly silk and cotton, which were exported to various parts of the world. Cities like Madras (now Chennai) and Calicut (now Kozhikode) were important trading hubs during the colonial era. In the post-independence period, South India saw significant industrial growth. The establishment of public sector undertakings like Bharat Heavy Electricals Limited (BHEL) in Trichy and Hindustan Aeronautics Limited (HAL) in Bangalore laid the foundation for a robust manufacturing ecosystem. The region also became home to numerous small and medium-sized enterprises (SMEs) that formed the backbone of its industrial landscape. Key Factors Driving the Rise of Manufacturing Mavericks: Several factors have contributed to the emergence of manufacturing mavericks in South India: 1. Education and Skill Development: South India boasts some of the country's premier educational institutions, including the Indian Institutes of Technology (IITs) in Chennai and Madras, and the Indian Institute of Science (IISc) in Bangalore. These institutions have produced a steady stream of highly skilled engineers and entrepreneurs. 2. Supportive Government Policies: State governments in the region have implemented business-friendly policies and established special economic zones (SEZs) to attract investment and promote industrial growth. 3. Access to Technology: The presence of IT hubs like Bangalore and Hyderabad has facilitated easier access to cutting-edge technologies, enabling manufacturers to adopt Industry 4.0 practices. Leading the Charge 20 | www.southindiareview.com Aug, 2024 21 | www.southindiareview.com Aug, 2024

4. Strong Infrastructure: South Indian states have invested heavily in developing ports, highways, and industrial corridors, making it easier for manufacturers to set up and operate their businesses. 5. Entrepreneurial Culture: The region has a long-standing tradition of entrepreneurship, with many family-owned businesses evolving into large-scale industrial enterprises. 1. Job Creation: These innovative manufacturers have generated thousands of direct and indirect jobs, particularly in tier-2 and tier-3 cities of South India. For instance, TVS Motor Company employs over 50,000 people across its various plants. 2. Export Growth: Companies like MRF Tyres and TVS Motor have significantly contributed to India's export figures. In the financial year 2020-21, despite the pandemic, TVS Motor exported over 1 million two-wheelers. 3. Technological Advancement: The focus on R&D and innovation by these mavericks has led to the development of new technologies and products. Bharat Biotech's success with Covaxin is a prime example of how local innovation can have global impact. 4. Skill Development: These companies have invested heavily in training and upskilling their workforce. BYJU'S, for instance, has created numerous jobs in content creation, software development, and hardware manufacturing. 5. Rural Development: Initiatives like Zoho's rural offices have shown how manufacturing and technology can be leveraged to develop rural areas, reducing the urban-rural divide. 6. Foreign Direct Investment (FDI): The success of these companies has attracted significant FDI into South India. For example, TVS Motor Company entered into a strategic partnership with BMW Motorrad, bringing in foreign expertise and investment. 7. Brand India: The global success of these manufacturing mavericks has enhanced India's reputation as a hub for high-quality manufacturing, moving beyond its image as just an IT services provider. Profiles of Notable South Indian Manufacturing Mavericks: 1. Arun Mammen - MRF Tyres: Arun Mammen, the Vice Chairman and Managing Director of MRF (Madras Rubber Factory) Tyres, has led the company to become India's largest tyre manufacturer. Based in Chennai, Tamil Nadu, MRF has revolutionized the tyre industry with its focus on research and development. Under Mammen's leadership, MRF has expanded globally and become a preferred supplier for many international automobile manufacturers. 2. Venu Srinivasan - TVS Motor Company: Venu Srinivasan, Chairman of TVS Motor Company, has transformed the Chennai-based two-wheeler manufacturer into a global player. TVS Motor has been at the forefront of innovation, launching India's first indigenous scooter and pioneering the development of electric two-wheelers in the country. 3. Byju Raveendran - BYJU'S: While primarily known for its edtech platform, BYJU'S has ventured into manufacturing with its tablet devices. Founder Byju Raveendran, hailing from Kerala, has disrupted the education sector by combining digital learning with hardware manufacturing, creating a unique ecosystem for students. 4. Krishna Ella - Bharat Biotech: Dr. Krishna Ella, Chairman of Hyderabad-based Bharat Biotech, made headlines with the development of Covaxin, India's first indigenous COVID-19 vaccine. His company's manufacturing prowess in the biotechnology sector has put India on the global map for vaccine production. 5. Sridhar Vembu - Zoho Corporation: Although Zoho is primarily a software company, Sridhar Vembu's approach to rural manufacturing is revolutionary. He has set up offices and training centers in rural Tamil Nadu, creating a model that combines software development with small-scale manufacturing units, providing employment to local communities. In conclusion, South India's rise as a manufacturing powerhouse is marked by a blend of historical legacy, educational excellence, and strategic policy support. The emergence of manufacturing mavericks like Arun Mammen, Venu Srinivasan, Byju Raveendran, Krishna Ella, and Sridhar Vembu highlights the region's innovative spirit and commitment to technological advancement. Their contributions have not only bolstered the local economy by creating jobs and fostering export growth but also enhanced India’s global reputation in manufacturing. By integrating cutting-edge technologies and leveraging strong infrastructure, South India has effectively positioned itself as a pivotal player on the world stage, bridging the gap between tradition and modernity. Impact on the Local and National Economy: The rise of these manufacturing mavericks has had a significant impact on both the local and national economy: 22 | www.southindiareview.com Aug, 2024

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Brightest CEOs to Follow

Brightest CEOs to Follow

Presentation Transcript

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TO FOLLOW

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The 10 Most Admired CEOs to Follow in India, 2022