Hyderabad: Karan Bilimoria, Founder and Chief Executive of
Cobra Beer was recognised as London’s Entrepreneur of the Year 2003 for
Consumer Products, at the Ernst & Young regional award banquet, held on
June 23, 2003 to honour the best British entrepreneurs across the
country.
"I am extremely honoured to receive such a prestigious award, one that
celebrates the achievements of entrepreneurial leaders whose innovation,
vision and determination are the driving force of business in the UK
today," says Bilimoria.
Created back in 1986 by Ernst & Young, the Entrepreneur Of The Year ®
programme is a regional, national and international annual award
programme which identifies and recognises the achievements of
outstanding entrepreneurs within successful growing dynamic businesses.
Growing in stature and prestige through the years, it is now established
as the most prestigious business award in more than 35 nations worldwide
In 1990, after having qualified as a Chartered Accountant, London, and
graduated in Law from Cambridge University, Karan Bilimoria developed a
less gassy Indian lager designed to perfectly compliment Indian cuisine
and appeal to lager and ale drinkers alike. Twelve years later, Cobra
Beer is stocked in 5,600 Indian restaurants throughout the UK and is
also available nationwide in most major supermarkets and off licence
chains. Cobra Beer is now one of the fastest growing beer brands in the
UK, has been exported to over 30 countries throughout the world and now
operates three overseas subsidiaries, in India, the United States, and
South Africa.
"What I have come to learn, from creating Cobra Beer from scratch and
against all odds in the most competitive beer market in the world, is
that if you have the passion, drive and aspiration to succeed, the sky
is the limit," adds Bilimoria. "I have been inspired by past winners of
the Ernst & Young Entrepreneur of the Year award and I hope that I can
inspire future entrepreneurs to follow their dreams".
London entrepreneurs from a wide range of sectors were shortlisted for
the awards, which were presented in eight different categories. All of
the award recipients will now go forward to the National final, which
takes place on Monday 6 October 2003 at Le Meridien Grosvenor House in
London.
About Cobra Beer
Launched in April 2002, Cobra Beer is the largest selling bottled
Indian beer in the UK. Cobra Beer is one of the fastest growing beer
brands in the UK, with a current turnover of £55 million at retail
value. It has been exported to over 30 countries worldwide, and has been
awarded Gold for two successive years at the 2002 and 2001 Monde
Selection, Brussels - World Selection of Quality. It was also listed on
the 1999 Virgin Fast Track 100 list of the fastest growing, privately
owned companies in the UK. Headquartered in London, UK, Cobra Beer has
offices throughout the world, including India, South Africa, and the
USA.
Cobra Beer is presently available in New Delhi, Mumbai, Goa, Pune,
Kolkata and Hyderabad.
Karan Bilimoria:
Cobra Beer Wins "Business of the Year"Award
MK
Reachout's News Bureau
-July 2003
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