Sunil Agrawal

Sunil Agrawal

Born (1959-07-13) 13 July 1959
Rajasthan, India
Residence Austin, USA
Nationality Indian
Occupation Entrepreneur
Years active 1980–present
Known for Gemstone & Jewellery Manufacturing, Discount electronic retail
Spouse(s) Deepti Agarwal, Botanist master and Civil Engineer from Columbia University, New York; Social Entrepreneur and Organic Farmer.
Children 2; Hursh Agrawal and Neil Agrawal
Website http://www.vaibhavglobal.com/

Sunil Agrawal is a manufacturing and electronic retail entrepreneur. He is known for his home shopping channels and online retail websites of fashion jewellery and lifestyle products operating in the UK and USA. He is the Chairman and Managing Director of Vaibhav Global Limited[1][2][3] (VGL), the holding company of Liquidation Channel (LC) in the US & Canada and The Jewellery Channel (TJC) in the UK.

Early life and education

Sunil grew up in Jaipur, the capital city of Rajasthan state of India, also known as the tourist and jewellery hub of India. He is a commerce graduate with an MBA degree in Organisational Leadership from the Columbia University, New York (USA). Sunil was a restless teenager. It’s probably, for this reason, he showed no interest in his father’s photo studio in Jaipur and after completing his graduation Sunil perceived his interest in Gems.

Career

Sunil[4] is a first generation entrepreneur, he established Vaibhav Enterprises in 1980 with an objective to professionalize the Gems and Jewellery Trade. He started Vaibhav to be a gemstone manufacturer and later moved to jewellery manufacturing and then an electronic retailer of jewellery through LC and TJC under the publicly listed company Vaibhav Global Limited (VGL).[5]

Under Sunil’s leadership VGL developed and popularised many jewellery and lifestyle product brands like – ILIANA, Rhapsody, J Francis, Karis, Elanza, Strada, Genoa etc., which are retailed through own retail networks- LC and TJC. In 2014 VGL sold over ten million pieces[6] of jewellery and lifestyle product through its retail channels consisting of branded as well as non-branded products.

Sunil has travelled widely and has garnered immense knowledge of gemstones, jewellery and lifestyle products. He has brought this expertise to bear on the success of the company. He has represented the company at all major international trade shows and is also credited with the pioneering commercialisation of popular gemstones like Tanzanite.

Sunil is passionate for social causes. VGL group’s One for One program has distributed over five million mid-day meals in India till Sept 2016. Sunil supports schools for economically weaker sections as well as an old age home.

Awards and Accolades

Year Name of Award/Certificate Awarding organisation
2016 Most Socially Responsible Company for the financial year 2014 - 15 Gem and Jewellery Export Promotion Council, Mumbai
2016 Highest Exporter in the category of “Silver Jewelry” for the financial year 2014 – 15 Gem and Jewellery Export Promotion Council, Mumbai
2015 Fortune India Next 500 Fortune India
2015 e-tailer of the Year- Honouree Jewellery News Asia (JNA) Awards
2014 Global Indian of the Year The Retail Jeweller Magazine
2014 India Gems & Jewellery Award Category Silver[7] Gems and Jewellery Export Promotion Council
2010 Highest export Award in Gems and Jewellery Gems and Jewellery Export Promotion Council
2008 Gold Sukh JJS Jewellery Award Gold Sukh JJS Jewellery Award 2008
2007-2008 Highest export Award in Gems and Jewellery Gems and Jewellery Export Promotion Council
1994-1995 to 2006-2007 Highest Export Award on all India basis in cut & polished coloured gemstone category Gems and Jewellery Export Promotion Council, State Govt.
2005-2006 CNBC Emerging India Award, Gems & Jewellery Category CNBC TV18 & ICICI
2003-2004, 2004-2005 & 2005-2006 Shortlisting in top 20 Companies for ICSI All India Corporate Governance Award The Institute of Company Secretaries of India
2003-2004 PNB Expo Gold Card Punjab National Bank
2002-2003 Certificate of Merit from for implementing excellent corporate governance practices Rajasthan Chamber of Commerce & Industries
2000-2001 Highest export Award in Gems and Jewellery Gems and Jewellery Export Promotion Council
2000-2001 Second highest export award in studded gold jewellery category Gems and Jewellery Export Promotion Council
1996-1997 Highest Export Award in export of Cut & Polished Coloured Gems The Jewellers Association, Jaipur
1997 Export company of the year award Institute of Marketing & Management
1994-1995 State Award for Export Excellence Government of Rajasthan
1994-95, 1992–93, 1986-87 & 1984-85 Highest export award in the category of Cut & Polish Semiprecious stones Gem and Jewellery Export Promotion Council, Mumbai

Personal life

Sunil is married to Deepti. They have two children Hursh and Neil. He loves to read business and spiritual books. He also holds an interest in Yoga and meditation.

See also

References

  1. "Vaibhav Global: Reports, Company History, Directors Report, Chairman's Speech, Auditors Report of Vaibhav Global - NDTVProfit.com". profit.ndtv.com. Retrieved 2016-11-16.
  2. Mudar, Patherya (21 June 2015). "Vaibhav Global: India's successful e-tail model". Business Standard. Retrieved 16 November 2016.
  3. Bang, Nirmal (5 February 2013). "Vaibhav Global ready to shine: Nirmal Bang". moneycontrol.com. Retrieved 16 November 2016.
  4. "Sunil Agrawal, Chairman, Vaibhav Global Ltd". India Infoline (IIFL). Retrieved 2016-11-16.
  5. "Vaibhav Global plans to hire 500 employees in FY'15". The Economic Times. Retrieved 2016-11-16.
  6. "Indian company Vaibhav Global dresses up middle-class Americans". Business Standard. Retrieved 2016-11-16.
  7. "Vaibhav Global win 'India Gem & Jewellery Awards 2014' in Silver Jewellery category". Business Standard. Retrieved 2016-11-16.

External links

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