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Kunwer Sachdev among Huron's most respected entrepreneurs, 2017

ANI  |  Gurugram (Haryana) [India] 

Gurugram-based has found a place among 6th Huron's Most Respected Entrepreneurs' 2017.

The "Most Respected Entrepreneurs" is the highest honor awarded by annually that estimates the influence of Indian entrepreneurs over the year. The objective of the initiative is to promote in which is one of the hottest markets after the US and

The has won numerous awards for their ground-breaking lists. Hurun awards were held on December 14 in Worli,

of India's largest power solutions company was honored for his exemplary contribution to the Indian solar and power backup industry.

Among the other dignitaries honored on the occasion were Dr. Cyrus S Poonawala, India, Adi Godrej, Godrej Industries, Kiran Mazumdar Shaw, Biocon, Byju Raveendran, and Byju's, Abhishek Lodha, Lodha Group, Rana Kapoor, and the like.

Founded by Rupert Hoogewerf, is a group. It currently has offices in London, Mumbai, and LA. The Hurun Most Respected Award was first established in 1999. This annual award focuses on two growing economies and

The Award is set up to recognise the success stories of entrepreneurs and talk about their stories on a global platform. Hurun Report is piloted by Anas Rahman Junaid, MD and Its objective is to promote the success stories of Indian and Chinese entrepreneurs on global platforms.

"I am honored to receive this distinction. It has been an arduous yet memorable journey. I would also like to thank all my mentors, well-wishers and friends who have been a part of this incredible journey." said

Popularly known as the 'Inverter Man of India', Sachdev was the to file patents for technology and design in the Indian power backup industry. He is also credited with inventing world's first plastic-body inverter which has been declared as 'Innovation of the Decade'.

Kunwer revolutionised the power back-up industry by introducing world-class technologies such as MOSFET, Micro based and Sine Wave into inverters. He also gave 'Home UPS' to India which combined the features of and inverter into single equipment.

Anas Rahman Junaid, Managing Director and of said, "and India are the two economies that will lead the world in the next 10 to 20 years. Hurun has been in China for the last 20 years and we have seen how the Chinese entrepreneurs have grown and come of age. We do see a similar pattern in India. So, this award is really about how we are going to achieve that kind of growth story in India. By identifying the patterns in China, we look at those entrepreneurs in India who have contributed in a similar fashion."

Hailing from a lower middle-class family background, Sachdev never let financial constraints bar him from becoming a He started off by selling pens on cycle with his older brother at a tender age of 15 years. He later founded a profitable of communications in

Being a visionary, Kunwer was quick to foresee the growth of power backup industry in India and decided to shut down his in 1998 to establish Su-Kam Power Systems which is headquartered in

Sachdev is credited with catapulting Su-Kam to the top league of companies in its category within a short span of a few years. Once a startup, Su-Kam, is now an Indian Multinational Corporation, and is recognised as one of the fastest growing organisation among the 500.

Today Su-Kam manufactures more than 250 products including various solar products, UPS, batteries, and customized A successful example of 'Make in India', Su-Kam has over 75,000 channel partners in many countries around the world. Sachdev has been instrumental in expanding company's operations to almost 90 countries worldwide and capturing the power market in and

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, December 19 2017. 14:40 IST