Narendra Murkumbi

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.

Life for Narendra Murkumbi, Managing director of Shree Renuka Sugars has been dream run in the past few years. After acquiring companies globally he is now found himself a place in the World Economic forum – Young Global Leaders list declared on March 3, 2010.

The Belgaum boy is taking his company Shree Renuka Sugars to new heights and at the same time, the name of Belgaum as well. Narendra is making a mark on the global front and in no time we should see his company in the fortune 500 list.

The Forum of Young Global Leaders is a unique, multistakeholder community of exceptional young leaders who share a commitment to shaping the global future. Each year the World Economic Forum identifies 200-300 extraordinary individuals, drawn from every region of the world. Together, they form a powerful international community that can dramatically impact the global future.

See the complete list of honorees

The mother son duo is ranked 93rd in its recent 2009 Forbes India rich list.

According to the list, Ms. Murkumbi along with her son Narendra Murkumbi, has a net worth of $490 million.

Vidya & Narendra Murkumbi

India’s Richest

#93 Vidya and Narendra Murkumbi

Net Worth: $490 million

Age: 60/40

Marital Status: Widow, 2 children/Married, 2 children

Hometown: Mumbai/Belgaum

Low profile mother-son pair run Shree Renuka Sugars, among country’s fastest...