Deloitte’s Enterprise Growth Awards to recognize outstanding family-owned businesses

Deloitte India has announced the launch of the first edition of the Enterprise Growth Awards 2024 (EGA 2024), an awards program aimed at recognizing exceptional family-owned businesses, unicorns, and soonicorns across North, South, East, and West India. The initiative seeks to celebrate companies demonstrating remarkable leadership, growth, and a positive impact on their communities.

Open for participation, EGA 2024 will evaluate businesses based on criteria like financial performance, innovation, and social impact. Eligible family-owned businesses with a sales turnover between INR 1,000 crore and INR 5,000 crore and significant promoter ownership, as well as start-ups valued between US$500 million and US$1 billion, are invited to apply. Financial records from the last three years will be assessed to understand each company’s growth journey and community contributions.

“Family-owned businesses and high-growth companies play a critical role in regional and national progress,” said K. R. Sekar, Partner and Leader – Deloitte Private, Deloitte India. “Through EGA, we aim to recognize these champions and encourage collaboration and knowledge-sharing across India.”

Dhiraj Bhandary, Partner at Deloitte India, emphasized that the awards celebrate not only success but also the resilience of these companies. Winners will be invited to participate in Deloitte’s Best Managed Companies programme, a global recognition platform, and will have opportunities to network with industry leaders at regional award events.