Press Release

Deloitte India announces the third edition of the ‘Best Managed Companies’ awards

Deloitte Touche Tohmatsu India LLP (Deloitte India) announces the third edition of its prestigious Best Managed Companies awards. The flagship programme, with a rich history of nearly 30 years globally, continues to build a global community of outstanding private businesses that are creating a better future. The programme has added significant value to over 1,300 private companies across more than 45 countries.

Every year, the programme witnesses a multitude of entrepreneurial companies from various industries vying for the “Best Managed” accolade. The rigorous and independent evaluation process benchmarks organisations against a comprehensive framework, encompassing strategy, capabilities and innovation, culture and commitment, governance, and financials, which collectively assess overall business performance and the potential for sustained growth. Participants also benefit from the Deloitte coaching experience at the Best Managed Applicant Lab, where they delve into what defines a “Best Managed” company, drawing upon the programme’s nearly three decades of insights and best practices.

“As we gear up for the 2023 edition of the Best Managed Companies programme, we are excited to see the diversity and calibre of enterprises that will join us this year. The programme is a journey towards business excellence, and we eagerly anticipate the innovative strategies and dynamic leadership that participants will showcase. Their journey towards becoming ‘Best Managed’ companies is a testament to the vibrancy and resilience of Indian private businesses. We look forward to celebrating and nurturing these companies that are not just shaping their future but also actively contributing to the nation’s economic growth,” said K.R. Sekar, Partner, Deloitte India.

The 2023 jury features distinguished personalities from across industries: Ajay Tyagi, Former Chairman of the Securities and Exchange Board of India (SEBI); Dr. Alka Mittal, Former CMD and Director (HR) at ONGC; Harish Bijoor, Brand and Business-strategy Expert & Founder of Harish Bijoor Consults Inc; and Kalpana Morparia, Former Chairperson of JP Morgan, South and Southeast Asia. Their expertise and insights will be invaluable in identifying the companies that exemplify the best in business management in India.

“With the Best Managed Companies 2023 programme underway, we are enthusiastic about discovering and nurturing the next wave of exemplary businesses in India. This year, as we extend our invitations, we expect encountering myriad companies that demonstrate strong business ethics, visionary strategic direction, and the agility to adapt to the dynamic business environment. It is this blend of foresight and innovation that sets these companies apart and positions them as future leaders in the private sector. We are excited to embark on this journey with them, helping to forge a pathway towards a progressive and prosperous future,” said Dhiraj Bhandary, Partner, Deloitte India.

The 2022 edition of the ‘Best Managed Companies’ awards showcased an impressive array of winners, each raising the bar for business excellence in India’s private sector. Ajanta Pharma Limited, Coromandel International Limited, Crompton Greaves Consumer Electricals Limited, Dabur India Limited, Endurance Technologies Limited, KEC International Limited, Orient Cement Limited, Welspun India Limited, and Zoho Corporation Private Limited stood out among their peers. These companies distinguished themselves through their exceptional leadership, strategic vision, and operational efficiency.