Entrepreneur Media in association with NASSCOM 10,000 Start-ups & ET Now organised the “6th Annual Entrepreneur India Awards 2016” held at New Delhi. The award ceremony appreciated the contribution of young entrepreneurs and conferred them with Trophies and Titles. The winners were announced in a glittering ceremony with the room full of leading names of Entrepreneur.
Mr. Sandeep Sabharwal, Group CEO of Sohan Lal Commodity Management Pvt. Ltd. was presented with “Entrepreneur of the Year in Service Business” for contribution in SCM & Logistics sector. The triangle of the jury comprised of Ravi Gururaj – Chairman NASSCOM Product Council, Rajeev Chitrabhanu – CEO & MD, JM Financial Services and Sanjay Nath of Blume Ventures Advisors.
The awards aim to recognize and felicitate Achievers & Innovators, who have contributed significantly towards the development of ideas & made their dreams true. Being the most prestigious awards in the Entrepreneur arena, it is a validation of efforts & sweat that the Entrepreneur faces during their journey of achieving their dreams.
Ms Sonali Gupta (renowned Fashion Designer), the Emcee, while announcing the award praised Mr. Sabharwal’s capabilities quoting “Great leaders are always marvellous innovators who can cut through the argument debate and doubt to offer a solution that is all pervasive. The same goes with the winner of our next Category, Mr. Sandeep Sabharwal – Group CEO of Sohan Lal Commodity Management. With 70 internal audits running 24×7 in his organisation; this dynamic personality has altered the meaning of warehousing and has made a gigantic change in the agricultural industry.”
On receiving the award, Mr. Sabharwal greeted other winners and thanked his team for their amalgamation of efforts; praising their capabilities. He mentioned, “This Award is validation of our efforts to prove that an asset light model focused on warehouse management services was the need of the sector which was earlier predominantly looked upon as an Infrastructure-based sector. SLCM has created benchmarks with its unmatched customer service & innovative products; and we will continue to do the same in the future.”
The categories comprised of Professional Entrepreneur of the Year, Woman Entrepreneur of the Year, Family Entrepreneur of the Year, Serial, Creative and Young Entrepreneur of the Year in distinguished sectors. The ceremony ended with a networking dinner and a live performance by Bollywood playback singer Mr. Vipin Aneja.
SLCM has a long list of felicitations to its credit and has been constantly focusing on creating the Differentiator in this field and over time demonstrated its capability in rolling out new and efficient products and services that benefit the agri logistics environment. Be it their process AGRI REACH (patent pending) which reduces post harvest losses or Kissandhan (Group’s wholly owned NBFC to offer Warehouse Receipt Financing) which has changed the paradigm of agriculture financing to bring real “Financial Inclusion”.
Sohan Lal Commodity Management Pvt Ltd (SLCM) is one of the leading Agri-Logistics Group. SLCM is equipped with technology to offer storage and protection services for the entire range of agri-commodities. SLCM has been handling about 446 agriculture commodities including Rice, Wheat, Maize, Mustard, Pulses, Cotton, Barley, Bajra, Castor Seeds, Spices, etc. across India. As on today, SLCM manages a technology enabled network of more than 1300 warehouses and 20 cold storages pan India with a total capacity of over 3.51 Million MT spread over 19.0 Mn sqft areas and a throughput of more than 406 Million MT. The Group has also applied for patenting this scientific technology of storage under the aegis of “AGRI REACH”.
The Group also has a wholly owned NBFC in India christened as “Kissandhan” which has changed the paradigm of collateral financing by financing across diversified agri products whilst being agnostic to balance sheet of the borrower yet complying with the prudential norms of RBI. In a short tenure of a year, Kissandhan has already financed more than Rs 671 crores across 58 locations and multiple commodities in India. It has impacted about 1,48,734 farmers till August, 2016.