Google

Siddhartha Lal is EY Entrepreneur of the Year 2018

/2 min read

ADVERTISEMENT

The MD and CEO of Eicher Motors—credited with reviving the Royal Enfield brand—dedicates the award to the mavericks and misfits who disrupt their sectors.
Siddhartha Lal is EY Entrepreneur of the Year 2018
Siddhartha Lal, CEO and managing director, Eicher Motors. Credits: Bandeep Singh

Siddhartha Lal, managing director and CEO of Eicher Motors, won the EY Entrepreneur of the Year award for 2018. Lal, who took charge of the company in 2006, has been instrumental in turning the company around and reviving the Royal Enfield brand.

Speaking at the award ceremony at Jio Garden in Mumbai’s BKC, Lal said, “When I started my journey 20 years ago… I wasn’t thinking about getting any awards. I was only thinking about keeping the business going and having fun.” He then went on to say that he doesn’t necessarily feel like a businessman, but rather like a person who is “enjoying himself and having a great time doing what I do.”

Lal, who dedicated the award to the mavericks and misfits who disrupt their sectors, will represent India at the EY World Entrepreneur of the year award event to be held from June 6-8 in Monte Carlo. Former winners of the award include Ratan Tata, Kumar Mangalam Birla, Mukesh Ambani, and N.R. Narayana Murthy. In the height of oil price boom, Tulsi Tanti also won the award in 2006 for the rapid growth of his wind energy firm Suzlon.

fortune magazine cover
Fortune India Latest Edition is Out Now!
Global Brands, Indian Sheen

October 2025

As India’s growth story gains momentum and the number of billionaires rises, the country’s luxury market is seeing a boom like never before, with the taste for luxury moving beyond the metros. From high-end watches and jewellery to lavish residences and luxurious holidays, Indians are splurging like never before. Storied luxury brands are rushing in to satiate this demand, often roping in Indian celebs as ambassadors.

Read Now

Azim Premji, chairman, Wipro, won the Lifetime Achievement award for his work in making his company a global leader in the information technology space and his philanthropic endeavours in areas such as education, nutrition, and the betterment of the underprivileged and the vulnerable.

Here are the winners in other categories:

Start-up: Byju Raveendran, founder and CEO of BYJU’S

Business transformation: Kishore Biyani, founder and group CEO of Future Group

Services: Ritesh Agarwal, founder and CEO of OYO

Entrepreneurial CEO: Bhaskar Bhat, MD of Titan

The winners were decided by a panel of eight jury members led by Uday Kotak, MD and CEO of Kotak Mahindra Bank, a former recipient of the award.

Fortune India is now on WhatsApp! Get the latest updates from the world of business and economy delivered straight to your phone. Subscribe now.