For Narendra Murkumbi the Belgaum based entrepreneur is seeing all highs this year. After becoming the single largest investor in Brazil he has won the Economic Times awards for corporate excellence 2010.
Narendra Murkumbi, the managing director of Shree Renuka Sugars, was chosen the Entrepreneur of the Year for his success in an industry where the influence of politics hangs heavy. The 39-year-old co-founder of the company aims to do in sugar what LN Mittal did in steel. This year, he bought control of Brazil’s seventh-largest sugar and alcohol company Equipav at 25% lower cost than initially agreed.