WINNIPEG, MANITOBA, CANADA — Rajan Aggarwal, executive director and chief executive officer of AGI Milltec in India, received the CEO of the Year for Manufacturing award from the Economic Times Ascent, India’s leading financial daily.

The award ceremony, which took place Feb. 17 at Taj Land’s End in Mumbai, honors India’s top trend setting and innovative business leaders.

The award recognizes individuals who demonstrate consistent and substantial growth in revenue and bottom line under difficult market conditions with higher operational efficiencies.

“We are delighted to celebrate Rajan Aggarwal’s recent honor and well-deserved distinction,” said Paul Householder, AGI president and chief executive officer. “Under his leadership, Rajan and our team in India have delivered exceptional sales growth and operational success. AGI products have been installed in more than 15,000 mills in India already and we see a bright future providing our rice milling solutions to customers beyond India in South-East Asia, the Middle East, Africa, Europe, and Latin America.”

AGI’s operations in India were launched in 2019 when it acquired Milltec Machinery Ltd. and began offering a range of equipment solutions under the AGI Milltec brand that facilitate rice milling, pulses, seeds, maize, and multi-commodity processing. Backed by a dedicated R&D team that drives innovation, and a customer support center addressing the entire value chain, AGI Milltec supplies end-to-end turnkey solutions for rice processing activities in India and beyond.

Some of AGI Milltec’s most recent technology installations were implemented in Honduras, Nigeria, Oman, and Dubai. Future growth plans include bringing world-class grain storage and handling solutions to India, APAC and Australia as well as providing Indian companies with livestock feed and pet food processing solutions.

“This award signifies and fosters the AGI product and brand strength that continues to grow substantially and profitably, in India and beyond. Through AGI Milltec we can offer internationally proven product leadership with on-the-ground customer intimacy to deliver unrivalled quality and end-to-end confidence,” Aggarwal said. “I believe this award recognition is testimony to the sincerity, hard work and commitment of the entire team.”  

Aggarwal joined Milltec in 2016 as executive director and CEO prior to the company’s acquisition by AGI and has remained with AGI leading the company’s operations in India. He was previously recognized for his leadership at the 2019 Food Show India as CEO of the year.   

During the Times Ascent 21st Global and 6th Edition-India “Business Leader of the Year” presentation, Aggarwal told participants that the award symbolizes the “trust and faith” that AGI’s leadership team has expressed in him.

“Without AGI’s unconditional support, this would have been impossible,” he said. “Thanks to AGI and my Milltec team for support, faith, and trust. Together, we thrive.”