India based corporates are going global and Indian CEOs are being recognized as leaders as well. These are apart from those Indians – often First Generation – who have made it to the top in Corporate America. Here is the list of those who made the cut in the Harvard Business Review’s (HBR) list of 100 best performing global chief executives:
ITC chairman Y C Deveshwar, ranked seventh overall (Rank 7), was first among the Indian CEOs. Under his leadership, ITC saw its value increase by $45 billion.
He was followed by former ONGC’s late chairman and managing director Subir Raha (Rank 13). During Raha’s May 2001-2006 tenure, ONGC’s market capitalisation increased more than 10 times.
Reliance Industries chairman Mukesh Ambani (Rank 28), was ranked third among Indians. Under his leadership, Reliance Industries has grown to become India’s second-largest Indian company by turnover.
Larsen & Toubro chairman and managing Director A M Naik (Rank 32), came next. Under Naik’s leadership, the company has expanded its horizons beyond domestic frontiers, positioning itself to become a true international player.
Former Bharat Heavy Electricals CMD A K Puri (Rank 38) is ranked fifth among the Indians. He is followed by Bharti Airtel chairman, Sunil Bharti Mittal (Rank 65).
Jindal Steel & Power CEO Naveen Jindal (Rank 87) is ranked seventh among Indians. He is followed by Former SAIL chairman, V S Jain (Rank 89).
Despite these amazing men and women, who have steered their companies to compete with the world, India still needs to a lot in terms of leadership. Our companies aren’t still the most competitive – specifically with the advent of the Chinese businesses.