Power2SME, in collaboration with TiE Delhi-NCR, announced the winners of the second edition of the Spirit of Manufacturing Awards on Friday.

The Young Entrepreneur of the Year award was won by Sourabh Bansal, founder and Managing Director of Magicrete. Ayush Sinhal, Director, Crystal Power, got the award for IT Adoption and Innovation, while the International Business Leader award went to Sandip Patil, founder of E-Spin Nanotech. The Social Impact award was won by Sumita Ghose, founder and MD of Rangsutra, and the Woman Entrepreneur of the Year went to Pragati Sawhney, founder, Chockriti. The Special Jury Award went to Mausami Ambastha, Founder-Director of Thread Sol.

The jury members were Ajai Chowdhry, Chairman, IIT-Patna and co-founder of HCL, Sunil Bhalla, co-founder and Director of Lava Mobiles, Priyank Narayan, Director of Entrepreneurship at Ashoka University, and Sudha Sarin, VP-Marketing & Communication at Power2SME.

SME powerhousesBusinessLine was a media partner for the event. The awards were given by Pramod Bhasin, CEO of Genpact.

Speaking on the occasion, Bhasin said: “At a time when the Make in India campaign is gripping the nation and manufacturing SMEs are emerging as powerhouses, it is imperative to recognise heroes of the industry.”

R Narayan, founder and CEO, Power2SME, said: “SMEs in India have huge potential to bring the next leg of growth and need of the hour is to acknowledge them and make them bankable.

Geetika Dayal, Executive Director, TiE Delhi-NCR, added: “TiE has always been committed to empowering entrepreneurs and applauding innovation across industries. As India Inc is warming up to the idea of Make in India, the Spirit of Manufacturing awards is an initiative that celebrates innovation.”

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