Sitharaman honours India Inc leaders at NDTV Profit Business Leadership Awards 2026

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Sitharaman honours India Inc leaders at NDTV Profit Business Leadership Awards 2026

Synopsis

From Dilip Shanghvi's India Business Icon honour to Sarvam AI's debut as AI Champion of the Year, the NDTV Profit Business Leadership Awards 2026 offered a rare snapshot of where India's corporate power actually sits — spanning pharma, defence shipbuilding, logistics, and homegrown artificial intelligence, all under one roof chaired by Finance Minister Nirmala Sitharaman.

Key Takeaways

Finance Minister Nirmala Sitharaman presented the NDTV Profit Business Leadership Awards 2026 in New Delhi on 28 July 2026 .
The jury was chaired by Sunil Bharti Mittal , Founder and Chairman of Bharti Enterprises .
Dilip Shanghvi (Sun Pharma) was named India Business Icon ; Anish Shah (Mahindra Group) won Business Leader of the Year .
Falguni Nayar (Nykaa) received Trailblazer of the Year ; Sarvam AI won AI Champion of the Year .
State Bank of India and Mazagon Dock Shipbuilders took the two PSU-category honours.
Kiran Nadar accepted the Philanthropist of the Year award on behalf of herself and Shiv Nadar .

Finance Minister Nirmala Sitharaman on 28 July 2026 presented the NDTV Profit Business Leadership Awards 2026 in New Delhi, recognising corporate leaders and institutions whose decisions are shaping India's economic trajectory. The winners were selected through a rigorous evaluation process by a jury chaired by Sunil Bharti Mittal, Founder and Chairman of Bharti Enterprises.

Finance Minister's Address

Sitharaman, the chief guest, situated the evening's celebrations within the broader pressures confronting India and the global economy. She spoke at length about the impact of the conflict in West Asia on energy prices, trade flows, and supply chains, as well as the risks posed by El Niño and erratic rainfall patterns across the country.

She highlighted the resilience of Indian industry through cycles of geopolitical tension, volatile commodity prices, and global uncertainty, noting that businesses had continued to invest, manufacture, innovate, and create employment despite difficult conditions. Sitharaman also referenced the government's response to student concerns following the Gen Z protests in New Delhi, stressing the importance of listening when young people raise their voices collectively and responding through dialogue and timely action.

Key Award Winners

Dilip Shanghvi, Executive Chairman of Sun Pharmaceutical Industries Ltd., was honoured as India Business Icon. Anish Shah, Group CEO and Managing Director of Mahindra Group, was named Business Leader of the Year.

Capt Jagmohan, IN (Retd.), Chairman and Managing Director of Mazagon Dock Shipbuilders, received the Business Leader of the Year – PSU award. The Financial Powerhouse of the Year – PSU honour went to State Bank of India (SBI), accepted by Chairman CS Setty.

Godrej Properties, represented by Nadir Godrej, Chairperson of Godrej Industries Group, was named Green Champion of the Year. Falguni Nayar, Founder and CEO of Nykaa, was recognised as Trailblazer of the Year.

The Wealth Creator of the Year award went to BSE, represented by Managing Director and CEO S. Ramamurthy. Tata Electronics, led by CEO and Managing Director Dr. Randhir Thakur, was recognised as India's Atmanirbharta Champion.

The Philanthropist of the Year honour recognised the contributions of Kiran Nadar and Shiv Nadar, with Kiran Nadar receiving the award. Shriram Finance, represented by Managing Director and CEO Parag Sharma, was named Financial Powerhouse of the Year. Delhivery, represented by CEO and Co-Founder Sahil Barua, received the New Economy Leader of the Year award. The AI Champion of the Year award went to Sarvam AI, represented by Co-Founder Dr. Vivek Raghavan.

What Organisers Said

Rahul Kanwal, CEO and Editor-in-Chief of NDTV, said: 'The NDTV Profit Business Leadership Awards celebrate leadership that matters — leadership that builds institutions, creates value, strengthens trust and contributes to India's larger growth story.' He added that this year's winners 'reflect a country that is building with greater confidence, competing with greater purpose and developing the capabilities required to shape its own future.'

Significance of the Awards

The awards span sectors from pharmaceuticals and defence shipbuilding to fintech, logistics, and artificial intelligence — a cross-section that mirrors the breadth of India's current economic ambition. Notably, the inclusion of a dedicated AI Champion category signals how rapidly the technology has moved from fringe to mainstream in India's corporate conversation. The event underscores the increasing convergence of public-sector enterprise and private innovation as twin engines of growth.

Point of View

And this year that list pointedly includes defence manufacturing (Mazagon Dock), domestic AI (Sarvam AI), and electronics self-reliance (Tata Electronics). The inclusion of a standalone AI Champion category for the first time reflects how quickly the narrative around Indian technology has shifted from software services to sovereign AI capability. Yet the awards also surface a tension: honouring both private wealth creators and PSU leaders in the same room papers over the ongoing debate about whether state-owned enterprises crowd out private capital. Sitharaman's reference to the Gen Z protests — unusual for an awards address — suggests the government is acutely aware that economic achievement must now be communicated directly to a sceptical younger demographic.
NationPress
28 Jul 2026

Frequently Asked Questions

Who won the India Business Icon award at the NDTV Profit Business Leadership Awards 2026?
Dilip Shanghvi, Executive Chairman of Sun Pharmaceutical Industries Ltd., was honoured as India Business Icon at the NDTV Profit Business Leadership Awards 2026 held in New Delhi on 28 July 2026.
Who chaired the jury for the NDTV Profit Business Leadership Awards 2026?
The jury was chaired by Sunil Bharti Mittal, Founder and Chairman of Bharti Enterprises. Winners were selected through what organisers described as a rigorous evaluation process.
Which companies and leaders won awards at the NDTV Profit Business Leadership Awards 2026?
Key winners included Anish Shah of Mahindra Group (Business Leader of the Year), Falguni Nayar of Nykaa (Trailblazer of the Year), State Bank of India (Financial Powerhouse – PSU), Tata Electronics (Atmanirbharta Champion), Delhivery (New Economy Leader), and Sarvam AI (AI Champion of the Year), among others.
What did Finance Minister Nirmala Sitharaman say at the NDTV Profit Business Leadership Awards?
Sitharaman spoke about Indian industry's resilience amid geopolitical tensions, West Asia conflict impacts on energy and trade, El Niño risks, and the government's response to Gen Z protests in New Delhi. She stressed the importance of dialogue and timely action when young people raise concerns collectively.
What is the NDTV Profit Business Leadership Awards?
The NDTV Profit Business Leadership Awards is an annual recognition programme that honours corporate leaders and institutions shaping India's economic direction. The 2026 edition was held in New Delhi with Finance Minister Nirmala Sitharaman as chief guest and a jury chaired by Sunil Bharti Mittal.
Nation Press
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