Thursday 17 May 2018

The worth of Jignesh Shah


A leading name in the Financial services industry in India today – Jignesh Shah did not enter the business through nepotism. The boy from Kandivali who pursued his Bachelors in Engineering and worked at Bombay Stock Exchange Limited’s BOLT - an online electronic trading platform, is a self-made man. He gained sufficient knowledge about the stock market there and left to make a mark. Later in 1988, he introduced FTIL (Financial Technologies India Limited) to the world. Soon after this Shah started came up with innovations like the MCX, ODIN and BOURSE AFRICA which took the world by storm and Shah became a leading businessman and not only in India.

The entrepreneur had the vision to create new-generation markets and segments that are people-centric and are based on a comprehensive market structure. He wanted to work for the well-being of his country. He created numerous jobs for the Indian population long before the ‘Make in India campaign. 

To create an efficient and transparent price discovery process in the market and generate jobs, incomes and self-employment opportunities across India was his ultimate goal. A quintessential 360-degree financial market infrastructure where all the ventures flow to the people across India.  He wanted to make the whole world notice and respect the remarkable Indian Exchange Industry. India needed state-of-the-art exchanges of global scale and Jignesh Shah took it upon himself to create it. He envisioned providing training lakhs of people to increase employment in the country, and digitalizing the whole transaction process chain across various platforms and introduce India globally.

Jignesh Shah is a hard-working man who never looked out for any government doles and tax exemptions and always paid his loans, payments, debts on time. A true market evangelist who contributed to the government and other local bodies, and introduced new segments which generated more revenues for the government. Through his business, he established his pursuit of public good. He wanted to see India grow and develop, and present it in a very prestigious manner in front of the world and he did.