Bharti

Sunil Bharti Mittal receives U.S.-India Business Council’s ‘Global Vision’ Award

June 13, 2008, New Delhi: The U.S.-India Business Council (USIBC), premier business advocacy organisation of United States and India, today honoured Mr. Sunil Bharti Mittal, Chairman & Group CEO, Bharti Enterprises with the ‘Global Vision’ award. The annual awards are accorded to luminaries from various fields for their significant contribution in bringing India and the United States closer together.

The award is a recognition of Mr. Mittal’s “revolutionary foresight in bringing telecom connectivity to benefit the lives of the common man, for his entrepreneurial zeal, and for his efforts to organize India’s agricultural sector – unlocking wealth on the family-run farm and bringing efficiencies to India’s farm-to-market supply chain.”

On receiving this prestigious award, Mr. Sunil Bharti Mittal said, “It is true honour for me and a tribute to India’s vibrant business environment that has provided opportunities to entrepreneurs like me. Entrepreneurs across the world have always been inspired by the ideals of dreaming big embodied in the American Dream that believes everybody can achieve their goals in life. This award is a testimony of that ideal. I would like to thank the USIBC for having considered me worthy of this award.”

The award was given yesterday evening during the 33rd anniversary Global Partnership Summit of USIBC in Washington, DC. Previous recipients of the award include significant leaders across the world.

About the Award and USIBC

The ‘Global Vision’ awards are accorded to luminaries from various fields for their significant contribution in bringing India and the United States closer together. Previous recipients of the award include Jim McNerney, Chairman and CEO of Boeing, Ratan N. Tata and Mukesh Ambani.

The U.S.-India Business Council, formed in 1975 at the request of the Government of India and the U.S. Government to deepen two-way trade and promote U.S.-India commercial ties, is the premier business advocacy organisation representing 280 of the largest U.S. companies investing in India, joined by two dozen of India's largest global companies. USIBC is hosted under the aegis of the U.S. Chamber of Commerce – the world’s largest business federation representing more than 3 million businesses and organisations of every size, sector and region.

About Bharti Enterprises

Bharti Enterprises is one of India’s leading business groups with interests in telecom, agri business, insurance and retail. Bharti has been a pioneering force in the telecom sector with many firsts and innovations to its credit. Bharti Airtel Limited, a group company, is one of India’s leading private sector providers of telecommunications services with over 69.15 million customers as of end of May 2008, spanning Mobile services, Telemedia services and Enterprise services. Bharti Airtel has been ranked amongst the best performing companies in the world in the BusinessWeek IT 100 list 2007. Bharti Teletech is the country’s largest manufacturer and exporter of telephone terminals. Bharti has a joint venture – Bharti Del Monte India Private Limited (formerly FieldFresh Foods Private Limited) – with Del Monte Foods India Pvt. Ltd., to offer fresh and processed fruits and vegetables in the domestic as well as international markets including Europe, USA and Middle East. Bharti has a joint venture - Bharti AXA Life Insurance Company Ltd. - with AXA, world leader in financial protection and wealth management. Bharti also has a joint venture for an asset management company - Bharti AXA Investment Managers Private Ltd. - with AXA IM and AXA APH. Bharti has recently forayed into retail business under a company called Bharti Retail Pvt. Ltd. It also has a joint venture - Bharti Wal-Mart Private Ltd. - with Wal-Mart for wholesale cash-and-carry and back-end supply chain management operations in India.