DrBinaModi, Chairperson of Modi Enterprises was awarded the ‘Woman Transforming India’ Award at the Indo-American Chamber of Commerce’s 6th Entrepreneur & Leadership Awards 2022. The award was conferred by Shri JyotiradityaScindia, the Honourable Union Minister for Civil Aviation.
Dr. BinaModi is the President and Managing Director of Godfrey Phillips India Ltd and the Chairperson and Managing Director of Indofil Industries Limited, both of which are part of Modi Enterprises, a $2 billion conglomerate and one of India’s largest corporate groups.
“This is our legacy, and I am a staunch upholder. It is indeed a transforming idea. We are the proof of it. This award is a validation of the vision that I have; I want to create long term value,” said DrBina.
Since taking responsibility of the chair after the sudden demise of KK Modi, DrBinahas transformed the Group with multi-pronged approach to people oriented culture. She is also the founder of several successful businesses such asBina Fashions, Ego Chain of Specialty Restaurants, along with luxury and lifestyle businesses.
On receiving the prestigious award DrBinaModi shared, “I am honoured by this recognition. I have a legacy to uphold and it must go beyond me. I want to bring in the humanistic concept in leadership and set such an example with the success that the businesses start emulating it. We survived the pandemic and did outstanding business results. One of the lessons, I learnt from my husband, Late KK Modi, is to ‘bet on people, not strategies.’ He believed people are the heart and soul of an enterprise, invest in them and they will create magic”.
Founded by RaiBahadurGujarmalModi in 1930’s, Modi Enterprises is today multi-billion-dollar global conglomerate, expanded and shaped by KK, Modi, the founder’s eldest son and Chairman of the Group.
In the pastDrBina has been felicitated with the Women of the Decade in Business & Leadership 2018 by Women Economic Forum. She has also received the Achiever’s Award in 2019, and she received an Award for Excellence in Business by the H.E President, Abdelfattah El Sisi, President of Egypt, at The Women Economic Forum 2020.
