The award, constituted by the Indo-European Business Forum (IBEF), was presented to the former India World Cup-winning captain yesterday evening for his contribution to the sport and for his work in the field of upliftment of poor and destitute communities through the Khushii society.
"I am very proud to be Indian. Today India is ready to do business with anybody in the world," Dev said in his acceptance speech.
"I used to hate England because they ruled my country but I am happy they gave us the game of cricket, which they can't play very well, and the English language, which I can't speak very well," he added on a lighter note.
With 434 scalps, the 55-year-old Dev held the record for most number of wickets in Tests for some years before being eclipsed by former West Indies captain Courtney Walsh in 2000.
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