The awards are presented to Economic Leaders or Organizations' for their exceptional vision, drive, persistence and results in Business and Economy. The Award is designed to recognize individuals and organizations who own, manage and create successful initiatives that have had a significant impact on the development and enhancement of the Indian. These initiatives must have provided new opportunities for related industries, created new jobs, new skills and in variety of other ways.

Apart from their contribution to the economic and business success, the award also looks for their commitment to social causes and development of the under-privileged sections of the society. Their achievements should also reflect their support for educational initiatives, women empowerment, national employment programs and others.