APL Apollo Tubes Ltd, India's largest manufacturer of ERW steel pipes and tubes, announced that Chairman Mr. Sanjay Gupta has been awarded Manufacturing Today's 2013 Entrepreneur of the Year. The award recognizes outstanding entrepreneurs who demonstrate excellence and extraordinary success with regards innovation, financial performance and personal commitment to their businesses and communities. The winners were selected by an independent panel of 12 judges and honored at a gala event on September 28, 2013 in Pune.
This award is a recognition of APL Apollo's superlative growth performance (102% FY06 -13 CAGR in Net Sales) under the visionary leadership of Mr. Sanjay Gupta. With his foresight to see change in market needs and a firm belief in Indian rural and urban growth story, he has successfully led the evolution of the company from a traditionally conversion based commoditized business to India's largest ERW Steel tube company. His focus of right investments in technology, manufacturing, distribution and branding has positioned the company as a clear leader and pioneer in the segment with capacity of 700,000TPA.
Mr. Sanjay Gupta, Chairman, APL Apollo Tubes Ltd, commented:
This award would not have been possible without the continuous support of our management team, business associates, our stakeholders, and the dedicated employees that make this company such an exciting place to be. The achievement is a testimony to our high-quality steel tubes, and our organizational competencies. Yet this is just one milestone, as we strive towards 1MTPA and making APL Apollo a world-wide recognized brand.