Press release from Business Wire India
Source: Max India Ltd.
Tuesday, July 16, 2013 05:50 PM IST (12:20 PM GMT)
Editors: General: Consumer interest, Entertainment, People; Business: Banking & financial services, Business services, Financial Analyst, Major diversified industrial groups, Media & entertainment; Healthcare
Analjit Singh Conferred with US-India Business Council Leadership Award
The award ceremony was held in Washington USIBC’s 38th Anniversary Leadership Summit
New Delhi, Delhi, India, Tuesday, July 16, 2013 — (Business Wire India) — The U.S. -India Business Council (USIBC) during its 38th Anniversary Leadership Summit in Washington DC conferred Analjit Singh, Founder and Chairman, Max India Limited with the prestigious Global Leadership Award. With a strong legacy of over 3 decades, the Council has over the years become one of the premier business advocacy organizations advancing U.S.-India commercial ties. Analjit Singh, a member of Prime Minister’s Joint Indo-U.S. CEOs Forum, has been honoured with this award for his passion and pursuit of excellence and his outstanding contributions to the U.S. -India growth story.
Finance Minister P. Chidambaram and Minister of Commerce & Industries, Anand Sharma were also present at the USIBC Summit as a part of their recent U.S. visit to encourage foreign investment from the region. Michael Froman, United States Trade Representative along with U.S. Secretary of Commerce – Penny Pritzker were also present at the event.
The award was presented by USIBC Chairman Ajay Banga, a global Indian who has been actively involved in enhancing India-U.S. relationship and is the President & CEO of an American transnational, MasterCard. Analjit Singh has been at the forefront of India-U.S. business relationship and has played a strong role in strengthening and redefining the business ties for over 2 decades. The Max India Group, has had successful American joint ventures since as far back as 90’s – from Motorola becoming a partner in mid-90’s to New York Life being a partner in Max Life Insurance Company till recently. Mr. Analjit Singh promoted Max India, a 10,624 crore (Approx US$1.9 bln) group is one of India’s strongest and fastest growing business conglomerate present in the segment of – life Insurance, health insurance, healthcare, senior living, clinical research and the packaging industry. The group’s businesses have built commanding presence in their respective sectors, through a total customer base of nearly 5.5 million, over 300 offices spread across India and a people strength of 63,000 persons.
In the past, Mr. Singh has been felicitated by Senator Hillary Clinton, former U.S. Secretary of State on behalf of Indian American Centre for Political Awareness for his outstanding achievement in presenting the international community with an understanding of a modern and vibrant India and for creating several successful joint ventures with leading American companies and promoting business ties with the USA.
Analjit Singh was awarded Padma Bhushan, one of India’s top civilian honours, by the President of India in 2011
Formed in 1975 at the request of the U.S. and Indian governments, the U.S.-India Business Council (USIBC) is the premier business advocacy organization advancing U.S.-India commercial ties. Today, USIBC is the largest bilateral trade association in the United States, headquartered in Washington, DC, with liaison presence in New York, Silicon Valley, and New Delhi, comprised of more than 350 of the top-tier U.S. and Indian companies. Ajay Banga, President & CEO of MasterCard, is USIBC’s chairman. For more information, visit www.usibc.com
About Max India:
Max India Group is a multi-business corporate, driven by the spirit of enterprise and focused on people and service oriented businesses. The Company is headquartered in New Delhi, India. Max India is in the ‘Business of Life’ with its vision to be one of India’s most admired corporates for Service Excellence. It ‘Protects Life’ through its Life Insurance subsidiary Max Life, a joint venture between Max India and Mitsui Sumitomo Insurance, Japan; ‘Cares for Life’ through its Healthcare company, Max Healthcare, a joint venture between Max India and Life Healthcare, South Africa; ‘Enhances Life’ through its Health Insurance company, Max Bupa Health Insurance, a joint venture between Max India and Bupa Finance Plc., UK; ‘Rejuvenates Life’ through its Senior Living business Antara, a fully owned subsidiary of Max India and ‘Improves Life’ through its Clinical Research business, Max Neeman, a fully owned subsidiary of Max India. The Group also continues its interest in manufacture of Speciality Products for the packaging industry through its SBU Max Speciality Films.
The Group’s businesses have built commanding presence in their respective sector, through a total customer base of nearly 5.5 million, over 300 offices spread across India and a people strength of 63,000 persons. The flagship company Max India Limited is a widely held public ltd company, listed on the BSE & the NSE. Mr. Analjit Singh, Founder & Chairman, is the lead shareholder in Max India with over 39 per cent holding. Other leading shareholders in the company include some of world’s best Institutional Investors, such as Goldman Sachs, International Finance Corporation, Washington (IFC), Temasek Holdings.
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Analjit Singh after winning the Award
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Analjit Singh adderessing USIBC Leadership Summit
Analjit Singh after winning the Award
Nitin Thakur, Head – Communications, Max India Limited, +91 (11) 26933610 extn. 196 / +91 9873347428, firstname.lastname@example.org
Rahul Gossain, Communication Specialist, Max India Limited, +91 (11) 26933610 extn. 145 / +91 9873154228, email@example.com
Garima Sharma Nijhawan, Text100, +91 9899175275, Garima.firstname.lastname@example.org
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