IBBF Presents 'Young Entrepreneur Award' to MD of Sai Prasad Group

PUNE, India, June 14, 2013 /PRNewswire/ --

Royal Honour for Young Entrepreneur Shashank Bhapkar

At a gala ceremony held at the Parliament House, London, the Indo British Business Forum (IBBF) presented Shashank Bhapkar, MD of Sai Prasad Corporation Ltd (SPCL), with the 'Young Entrepreneur Award' for his achievements in diverse fields of business endeavour, ranging from FMCG and agro-products to real estate and media.

Sai Prasad has unfurled the nation's tricolour even on foreign lands with its signature stamp. As the House of Commons awards the young mind behind its achievements, the Young Businessman of the Year, the nation brims with pride. Shashank, who is yet to celebrate his 24^th birthday, has established and grown the group's real estate division by a massive 500% and their media division by 300%. Speaking on the occasion, Shashank attributed much of his success to the guidance he receives from his father, the eminent Balasaheb Bhapkar, co-founder of the diversified SPCL conglomerate.

The annually convened Asian Achievers Awards, held under the aegis of the IBBF, felicitates businesses and entrepreneurs that succeed in making a tangible difference in their sectors, locally and globally. The awards were presented by the chief guest, The Rt. Hon. Baroness D'Souza, Speaker of the House of Lords. A sizeable selection of British Peerage was present at the event including Minister of Local Government and Communities, Minister of Equalities Lord Newby, Lord Faulkner, Lord Howell, Lord McNally, Lord Reid Baroness, Harris Baroness, Northover Baroness, and Perry Baroness Royall.

MP Kris Hopkins, MP William Cash, MP Seema Malhotra. MP Dominic Greave British MP Virendra Sharma and Lord Reed were also among the many luminaries who graced the function with their presence.

IBBF was conceived to assist British and European companies in conducting business in India, one of the fastest growing economies in the world today, and one of the most exciting markets.

IBBF also encourages and facilitates businesses in India to grow globally; it offers a platform for business communities, with an especial focus on SMEs, from both India and the UK to enhance business activity across the region.

About Sai Prasad Corporation Ltd.

Incorporated in 2001, Sai Prasad Corporation Ltd. is a conglomerate with diverse business interests and a presence across the India and select metros worldwide. The company's various verticals include processed foods, agro-products & farms, finance, media, infrastructure, energy and property.

With a strong, customer-focused approach and a continuous quest for superior quality, this ISO 9001-2008 certified company has achieved leadership in all its ventures. Sai Prasad Group has a pan India presence, with 86 branches in 75 cities and over 1600 employees. In addition to their business success, SPCL also endeavours to make a difference through a variety of social initiatives.

In recognition of its multifarious achievements, the company has been honoured with several accolades, including the National Human Rights Award 2009, the UdyogRatna Award, the Global Technocrats Achievements Award, Business Leadership Award for Industrial Development and the International Quality Excellence Award, among others.

Primary Media Contact: Amar Gulwade, [email protected], 91-96739-92202