Best Practices Recognition

” If there is anything that the world needs today – whether it is for topline growth for Companies or sustainable development for economies – it is INNOVATION “

Our Vision

Frost & Sullivan Institute’s intent is to help drive innovation, excellence, and a positive change in the global economy by recognizing best-in-class products, technologies, services , companies, and individuals.

Our Methodology

Frost & Sullivan Institute’s industry analyst team and team of economists benchmarks market participants and measures their performance through independent, primary interviews, and secondary industry research in order to evaluate and identify best practices.

Visionary Leadership Awards

Best Practice Recognition, Visionary Leadership Award, 2019 – GIL Summit

Frost & Sullivan hosted the 11th edition of Growth, Innovation and Leadership Summit 2019 India (GIL 2019: India) aimed to Uncover the Next Wave of Sustainable Top-line Revenue Growth, Customer Value, and Future of the Connected World on 16th October in Mumbai. The Summit witnessed a phenomenal line up of illustrious industry experts, thought leaders and exchange of stimulating insights. At the Summit Mr AZIM PREMJI, Founder Chairman of Wipro was bestowed with Frost & Sullivan’s ‘GIL Visionary Leadership Award’ for his visionary leadership and philanthropy.

Mr. Parminder Kakria, Head Corporate Affairs, Wipro Ltd. accepted the award on behalf of Mr. Premji.

Best Practice Recognition, Visionary Innovation Award, 2017 – GIL Summit

Frost & Sullivan’s GIL India 2017 Summit Discussed Digital Strategies, Emerging Technologies and Business Models Fostering India’s Evolution as a Global Powerhouse. The Summit held on October 05th in Mumbai presented phenomenal sessions by illustrious panelists, Frost & Sullivan industry experts, and thought-provoking insights from various industry luminaries and bureaucrats. This year Frost & Sullivan felicitated Mr KUMAR MANGALAM BIRLA, Chairman, Aditya Birla Group with the “2017: GIL Visionary Leadership Award” for his relentless philanthropical pursuits and his determination in building one of the largest conglomerates in India.
Caption for Photo: Mr. Aroop Zutshi, Global President & Managing Partner, Frost & Sullivan felicitating Mr. Kumar Mangalam Birla, Chairman, Aditya Birla Group with the “2017: GIL Visionary Leadership Award” at GIL India 2017 Summit

Mr Aroop Zutshi felicitating Mr Kumar Mangalam Birla with the “2017: GIL Visionary Leadership Award” 

Best Practice Recognition, Visionary Innovation Award, 2014 – GIL Summit

GIL India: 2014 brought together a global network of visionaries and thought leaders showcasing how to leverage innovation and convergence to address global challenges. The journey to visionary innovation, ‘Disrupt, Collapse and Transform’, inspired the executive attendees about the unlimited potential that exists in every industry. Mr RATAN TATA received the Frost & Sullivan Growth, Innovation and Leadership (GIL) Award for Visionary Innovation from Mr. Aroop Zutshi, Global President & Managing Partner and Mr. Rajiv Kumar, Senior Partner & Global Vice President.

Chairman Emeritus, Tata Sons, Mr. Ratan Tata receives the Frost & Sullivan Growth, Innovation and Leadership Award for Visionary Innovation from Mr. Aroop Zutshi

Best Practice Recognition, Lifetime Achievement Award, 2013 – GIL Summit

One of the world’s greatest icons, ARCHBISHOP DESMOND TUTU, was awarded the Frost & Sullivan Growth Innovation and Leadership (GIL) Lifetime Achievement award at the third annual GIL 2013: Africa conference. Mr Tutu also received the Nobel Peace prize in 1984 and has become a moral voice in the call for equal rights for all South Africans, as well as a system of common education. “We are truly honoured by the Archbishop’s acceptance and proud as a global community of industry visionaries, innovators and leaders to celebrate his lifelong contributions to the world and humanity,” concluded David Frigstad, Chairman of Frost & Sullivan.

Archbishop Desmond Tutu receives the Frost & Sullivan Growth Innovation and Leadership (GIL) award for Lifetime Achievement from Mr. David Frigstad, Executive Director, Frost & Sullivan

Best Practice Recognition, Visionary Leadership Award, 2018 – GIL Summit

Frost & Sullivan’s Growth Innovation & Leadership (GIL) India 2018 Summit concluded its 10th edition on October 10th in Mumbai. The Summit shared insights on the Non-Linear business model paradigm and how organizations can leverage exponential or accelerated growth across industries. It was a conclave of industry experts and visionaries who came together to envisage the next wave of innovation emerging from various convergence scenarios. The Summit witnessed global business leader – Ms KIRAN MAZUMDAR-SHAW, Chairperson & Managing Director, Biocon Limited, being honored with the 2018 GIL Visionary Leadership Award

Ms. Seema Ahuja, Global Head of Communications, Biocon Limited accepted the award on behalf of Ms. Shaw 

Best Practice Recognition, Visionary Leadership Award, 2011 – GIL Summit

Together with a group of like-minded entrepreneurs, Carbon War Room was founded in 2009 with a mission to stimulate business-led market interventions that advance a low-carbon economy. The goal was to harness the power of entrepreneurs to implement market-driven solutions to climate change and create a post-carbon economy. Since there is no Planet B, clean energy and energy efficient technologies will spur the greatest economic opportunities. Leaders and Innovators developed detailed solutions in 6 working tracks, working to eliminate over 16 Gigatons of CO2 emission. RICHARD BRANSON accepts the Frost & Sullivan’s 2011 Visionary Leadership Award on behalf of Carbon War Room.

Company Best Practices Awards

Best Practice Recognition, Digital Waste Management (Digital Nepal), 2018 - Khaalisisi

KHAALISISI is a socially inclusive waste management platform dedicated to transform Nepal’s waste dumping sector to Waste Management sector. Founded in 2017, it partners with local waste entrepreneurs to buy waste to recycle and save it from ending up in the landfill. Their mission is to help increase the diversion of recyclable materials away from landfills. Waste management is an important element of environmental protection and Frost & Sullivan commends the company for their work in this sector. A zero waste approach conserves natural resources and reduces pollution from extraction, manufacturing and disposal. Khaalisisi team has also received a Best Practice Recognition as part of Digital Nepal, 2018.

Best Practice Recognition, Enabling Technology Leadership in Agritech for Economic Development, 2020 – Twiga

Achieving food security and sustainable agriculture practices is of paramount importance in improving livelihoods and accelerating the economic growth of Kenya. TWIGA is the first company in Kenya to provide a mobile-based, fully cashless B2B supply platform. The company offers a one-stop-shop platform linking farmers and vendors to boost accessibility to higher-quality fresh and processed foods, ensuring fairer prices and transparent trading activities. With its strong overall performance, Twiga Foods has earned Frost & Sullivan’s 2020 Africa Enabling Technology Leadership Award in Agritech for Economic Development.

Best Practice Recognition, Emerging Market Innovation in Economic Empowerment through multipurpose Solar-powered kiosks, 2020 - SolarFi

SOLARFI is an innovative company that works diligently on providing solar-powered kiosks to underserved and unconnected populations in Africa. SolarFi’s environmental sustainability is self-evident in that harnessing solar power, a renewable form of energy, is a direct initiative to protect the environment The company looks beyond the simple goal of generating a profit and instead embraces a more powerful ideal of bringing greater value to customers in emerging markets by providing health and educational facilities with the ultimate aim of economic upliftment. Frost & Sullivan finds this mission to support social and economic outreach exceedingly praiseworthy.  For its strong overall performance, SolarFi has earned Frost & Sullivan’s 2020 Emerging Market Innovation Award in Economic Empowerment through multipurpose Solar-powered kiosks.

Best Practice Recognition, Entrepreneurial Company of the Year Award in the Indian rural eCommerce industry, 2020 – Inthree Access

INTHREE ACCESS is a leading company that provides eCommerce services to rural customers, thus bridging India’s rural-urban divide. While rural consumers are aspirational, they are often access deprived, with location remoteness being a key hindering factor to inclusive access. Through its Boonbox platform and hub-and-spoke logistics model, the company has made doorstep delivery of white goods, mobile phones, cooking appliances, and fast-moving consumer goods (FMCGs) a reality for rural customers. With its innovative strategies in a nascent market, commendable rural customer-centric approach, and outstanding overall performance in accelerating economic development across rural India, Inthree Access has earned Frost & Sullivan’s 2020 Entrepreneurial Company of the Year Award in the Indian rural eCommerce industry.


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