Best Family Business Award for Forbes Marshall: IBFA
Forbes Marshall has recently won the Best Family Business Award in the Super category of the prestigious Indian Family Business Awards 2023 (IFBA). This award, instituted by Moneycontrol and Waterfield Advisors, is for the organisation which has demonstrated sustained business growth and expansion across generations of family, ensuring value generation and growth for its shareholders and stakeholders backed by established systems, practices and processes. It is a distinct, purely meritocratic award, dedicated to honour the immense contributions of family businesses to India’s progress.
The award function was held in New Delhi on 3rd December 2024; Farhad and Rati Forbes received the award from Dr Jitendra Singh, Minister of State for the Prime Minister’s Office.
The citation states, “This award is a testament to your dedication, perseverance, and excellence in the field of family business. It acknowledges your outstanding performance, strong leadership, and commitment to upholding the values and traditions that make family businesses unique and successful.”