Recognizing the efforts and achievements of entrepreneurs, and encouraging youth to take up entrepreneurship, Bhartiya Yuva Shakti Trust (BYST) bestowed Tusshar Munoat with the Entrepreneur of the Year Award. Tushar, who has been felicitated for generating highest growth rate and turnover with his enterprise, received the honours from the Hon’ble President of India, Shri Pranab Mukherjee at the International Mentoring Summit organized by BYST.
The startup has registered phenomenal growth within a short period recording almost 200 times turnover of the Rs 9 lakh initial investment. It became a medium scale industry by reaching Rs. 50 crore turnover this year, with a projected turnover of Rs. 200 crores by 2019, and generating 10,000 jobs directly and indirectly. Tushar has created further job opportunities by motivating his younger brother to start a civil contract business in his native village, encouraging 8-10 of his friends from the village to start infrastructure contracting business, and subcontracting work to them.