Despite the recent crisis that has jolted Jignesh Shah-led 63 moons, nobody can take away the fact that this visionary conceptualized and established one of the finest exchanges, nationally and internationally. A man known who’s been the epitome of far-sighted vision and business acumen, Jignesh Shah initiated India into the international exchange arena at a time when Make in India was not even conceptualized.
The platforms of international stature he created, such as Multi Commodities Exchange and Financial Technologies, date as far back as 1988. While 63 moons powered firms with complex exchange software when Internet was just strengthening its grip, MCX was the first listed commodities exchange to be launched in India.
For a man with humble roots, the way to the top was fueled by hardships and persistence. It amazes many how the man who once mortgaged his house to fund his first venture eventually figured in the Forbes list of Billionaires at an age of just 47.
But Shah is much more than new ventures and profits. He started the concept of Gramin Suvidha Kendras in order to make farming in India economically sustainable. The initiative has not just won several awards; it has also created a million new jobs in the economy. And, Jignesh Shah’s companies are examples how growth should be inclusive and from within! He has made Indian financial markets a recognized system on the global map.
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