Awarded For: Innovation in Entrepreneurship
Innovative product, process, design, service or import substitute
Innovative product, process, design, service or import substitute items that encourage entrepreneurship.
Trophy and a Certificate
15 November 2026
Instituted in the memory of G. S. Parkhe
Mr. Baburaoji Parkhe of the Parkhe Group instituted the award in the memory of his younger brother who was an innovator and entrepreneur.
This award is for innovative product/process/design/service or import substitute items.
It is the oldest industrial award in the country.
The Award was initiated to encourage innovation and new product development.
Over 72 years of legacy that the award carries; it brings fame and recognition to the awardees.
Presented since 1947 to select deserving entrepreneurs.
Hallmark of Recognition of innovations and acceptance in the market.
Stringent selection process.
More than 400 Entrepreneurs recognized so far.
| Company Name | Name | Product |
|---|---|---|
| Konark Filters Pvt. Ltd. | Umesh V. Kulkarni | KOBELT-RFM-20 Simplex & Duplex pressure/vacuum belt filters; solid–liquid separation |
| Ujwal Engineering Works | Rohan S. Jadhav | Hydraulic Polygon Turning Machine |
Ready to nominate your innovation for the Late G. S. Parkhe Award?
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