Duke Fashions India Ltd. Receives IndiaMART Leader of Tomorrow Award

New Delhi, Dec 23, 2010 (Washington Bangla Radio / onlineprnews) With its belief in the principles of Total Quality Management, Duke Fashions India Ltd., has revolutionized the Indian apparel industry. As a recognition of his contribution towards the Micro, Small and Medium Enterprises (MSMEs) sector, Mr. Kuntal Raj Jain, Director, Duke Fashions India Ltd., won the IndiaMART Leader of Tomorrow Award 2010 in the apparel and accessories category at a gala Awards Ceremony held in New Delhi recently. The winner was felicitated by the Honorable Minister for Home Affairs Mr. P. Chidambaram in front of business leaders and government officials such as Mr. Shiv Nadar, Chairman and Chief Strategy Officer, HCL Technologies and Mr. Uday Kumar Varma, Hon'ble Secretary, Ministry of Micro, Small and Medium Enterprises (MSMEs), Government of India among others. The Awards Ceremony recognized and celebrated the accomplishments of the entrepreneurs in the MSME sector.

Wishing Mr. Jain the best, Mr. Dinesh Agarwal, Founder and CEO, IndiaMART.com, said, “It gives me immense pride to see the efforts of MSMEs being rewarded. Mr. Jain has brought glory to the sector and is an inspiration to the young blood in the country to pursue their entrepreneurial dreams and convert them into reality.”

Overwhelmed on receiving the award, Mr. Kuntal Raj Jain, said, “I feel greatly motivated on receiving the recognition for my hard work and commitment. I consider this Award as another milestone in my journey towards success and excellence."

The Awards Ceremony also rewarded the entrepreneurial excellence in 10 other categories and was attended by over 350 business leaders across industries.

Mr. Kuntal Raj Jain, a 31 year old Director of Rs. 500 crore Duke Group is one of the foremost entrepreneurs and a new face of independent and emerging India. With his commitment to take the company to steering heights, he has modernized and systematized the management structures at Duke Fashion India Ltd. As a result of the innovations in the trends and infusion of young team by Mr. Jain, the company has become the No.1 T-shirt brand. Mr. Jain is also the recipient of the National Award given by Ministry of Small and Medium enterprise, Government of India for his outstanding entrepreneurship.

Four decade-old, Ludhiana based Duke Fashions India Ltd, is the recipient of most coveted ITID National Award for manufacturing quality garments; ISO 9001: 2000 certification for maintaining TQM in all the Units, and Udyog Patra by Govt of India.

Duke Fashions India Ltd. has also been proclaimed the number one selling T-Shirts brand in India by Org-Marg in their Survey. With the help of its exhaustive advertising and promotional campaign, the company has entered the markets of UAE, Sri Lanka, Nepal, Bangladesh, etc.

Duke Fashions India Ltd. has an unbeatable marketing network comprising of over 2500 multibranded outlets and over 250 exclusive stores across major cities in India. The company under its expansion plan is going to enter into sports wear, kids sector and institutional and export sales in a big way.

IndiaMART.com is India's largest online B2B marketplace connecting global buyers with suppliers through business directories, online product catalogs, buy-sell offers, industry specific marketplaces, printed media and trade shows participation.

Founded in 1996 by Mr. Dinesh Agarwal (CEO), the company has a pan-India presence in over 100 cities. With over 2400 employees located across 55 offices in the country, IndiaMART.com offers an extensive range of value- added products and services to its 1 million registered members and nearly 5 million global buyers across various industries and verticals.

IndiaMART.com has won numerous awards over the years and has been widely covered by media such as CNBC, BBC, BusinessMoney, CNN, Businessworld, Economic Times, Financial Express, etc for its pioneering role in promoting SME business in the country. Its existing investors include Intel Capital and Bennett, Coleman & Co. Ltd (Times Group), India's largest print media group.

For more information, please visit: www.indiamart.com/press-section & www.leaders.economictimes.com

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- onlineprnews