CEO of VAST wins “UDYOG RATTAN” Award for the year 2010

The Institute of Economic Studies, New Delhi, one of the country’s premier research institutes, has announced the National Level “Udyog Rattan Award” to Vishal Manchala, Founder Director & CEO of Vast Technologies Private Limited and also the “Excellence Award” to his company Vast Technologies Private Limited for the year 2010. His Excellency Mr. Korn Dabbransi former, Prime Minister of Thailand had presented the award on 13th January 2011 at the seminar on “Indo-Thai Economic cooperation” in Bangkok, Thailand.

The honour is in recognition of Vishal’s achievements in quality, innovation and management in the I.T sector. Vishal hails from a middle class business family of Korutla town, Karimnagar, Andhra Pradesh, and is the youngest CEO to achieve this award at the age of 23. He Completed his Bachelors Degree in Commerce from Osmania University, Hyderabad, than finished his Post Graduate Diploma in Business Management from Indian Institute of Planning and Management, New Delhi, and also obtained MBA Degree from International Management Institute, Belgium.

He was exposed to the traditional business from childhood than closely observed International business practices and also explored Global opportunities during his MBA. Having obtained enough expertise and exposure, he started VAST Technologies Private Limited in the year 2009 with the mission to provide value added technology services by adding the advantage of technology for business promotions and operations, so that letting business houses adopt the technology for the growth of their business in this era of IT revolution.

With in the short span of time VAST portfolio, services have been extended and has turned to a One Stop solution for all IT and Technology based Marketing services and also opened a new branch in Hyderabad to expand its reach to the southern part of the country. Vishal Manchala also planned, successfully launched various innovative online portals for Indian customers in the field of Travel, shopping, and accommodation which have got good fame in very short time. In his leadership company has achieved the 300% growth in last year, and is still growing.

Institute of Economic Studies:

IES was established by a group of economists, parliamentarians and industrialists in 1980. The “Udyog Rattan Award” and the “Excellence Award” are conferred by the Institute annually and works on studying various aspects of the economy and economic development. The institute closely monitors various facets of the economy and individual contribution of various companies and business leaders. Previous recipients of this prestigious award include Vijay Mallaya, Chairman UB Group and Kingfisher Airlines, R Krishna Bajaj, H S Singhania, Chairman JK Tyres and Industries, Dr B K Modi, Chairman & President, Modi Group of Industries, Mr. S.K. Gupta, Chairman and Managing Director, VSNL and Mr. Tanti, Director, Suzlon Energy, Mr. Thiagarajan, CEO Paramount Airways

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