Ankesh Shahra has been felicitated with the Global Young Entrepreneur Award during the Annual Globoil Conference held in Mumbai on October 8. Member of Parliament and lawyer Ram Jethmalani handed over the award and citation to Shahra. Currently based in Singapore, Ankesh is managing the international businesses for Ruchi Soya. It includes establishing a cross-commodity global trading platform headquartered in Singapore, as well as implementing Ruchi Soya's backward integration strategy into agricultural plantations in Asia and Africa. Established in 1997 in India, Globoil - the Premier International Conference & Exhibition on Vegetable Oil, Feed & Feed Ingredients, and Oilseeds & Oleo Chemicals is an established annual feature and holds much value to the players in the vegetable oil trade and industry. Shahra said, "I am very grateful to the committee for their kind consideration, and realise the responsibilities that this award carries and look forward to fulfilling each and every one of them. Food security is indeed a prevalent global concern, and Ruchi is taking strategic steps towards ensuring competitive supply to India in the coming several years." Ankesh has a background in Finance, Economics and International Trade, and represents the third generation of the Shahra family that started the business conglomerate Ruchi Group. The Group has business interests across the sectors ranging from Edible oil, Soya foods, Steel, Dairy, Information technology, Realty and others.
