Fermenta Biotech’s (FBL), CEO, Prashant Nagre, has received the Best CEO of the Year award in the prestigious Pride of Maharashtra Award 2018. The award was under the manufacturing category (Pharmaceuticals).
The award was presented by Dr. Raghunath Mashelkar, President of Global Research Alliance & Former Director General of Council of Scientific & Industrial Research (CSIR), at a ceremony held on 21st February 2019. Mr. Nagre was responsible for noteworthy transformational activities undertaken at FBL such as capacity expansion, increasing its global footprint, digitization initiatives for operational excellence, customer proximity measures and product quality assurance.
Under Mr. Nagre’s leadership, FBL has doubled its turnover to over INR 300 Cr. over the last financial year, and won numerous prestigious awards such as the India Pharma Awards 2018 in three categories: Excellence in CSR for companies with turnover less than INR 500 Cr., Pharma International Excellence, Excellence in Export Promotion as well as National Best Employer Brands 2018 at the World HRD Congress and Hindustan Times Thane Ratna Award 2019.
Commenting on the award, Mr. Nagre said, “It is an honor to receive this prestigious award from Dr. Mashelkar, who embodies innovation and is an eternal source of inspiration for all of us. I would like to thank the SME Chamber of Commerce and MIDEA for felicitating me with this accolade. The award is a result of the collective effort put in by all our employees, and a reflection of the organization’s success. The award further motivates us as a company towards bringing affordable nutrition to India.”