Parmod Sagar, MD & CEO of RHI Magnesita India, has been awarded the prestigious “Best CEO” in the Industrial sector award at the Business Today (BT) Mindrush 2023 event held in Mumbai on Wednesday. The award is based on the BT-PwC India’s Best CEO ranking published annually. Jyotiraditya Scindia, Minister of Civil Aviation and Steel in the Indian Government and Aroon Purie, Chairman of India Today Group handed over the award to Parmod in a glittering function held last evening.
Business Today's Best CEOs list profiles winners belonging to three categories of companies – Super Large, Mid-sized; Emerging — and across 15 sectors such as Automobiles, BFSI, Consumer Goods, Industrial, Transport & Logistics and Pharma.
The BT-PwC ranking used a robust methodology to assess the top 500 most valuable companies in the country by market capitalization for growth in revenues, profits, EBITDA and total shareholder returns. After applying further stringent filters, the names of top 3 CEOs in each group - overall and sector-wise - were placed before the jury, who chose the final winners. This year’s jury was chaired by Ajay Piramal, Chairman of leading Indian business conglomerate - Piramal Group.
The other winners this year include prominent industry leaders like Nandan Nilekani, Chairman of Infosys, N Chandrasekharan, Chairman of TATA Sons, T V Narendran, Global CEO and MD of TATA Steel, Suresh Narayanan, CMD, Nestlé India etc.
In a statement, Ish Mohan Garg, Chairman of Indian Refractory Makers Association (IRMA) said, “On behalf of Indian Refractory Makers Association (IRMA), I would like to congratulate Mr. Parmod Sagar for this achievement. It is a matter of great pride for the Indian Refractory Industry to see one of its prominent leaders getting such a recognition. It will surely help strengthen the image of the refractory industry at large amongst its stakeholders in India.”