AsiaOne – August 2018

68 | ASIA ONE | JULY-AUGUST 2018

impressions in the manufacturing sector with sheer
hard work and innovative thinking, he set out to expand
and explore.

EMBRACING CHANGE WITH OPEN ARMS
Charles Darwin has rightly postulated that it is neither
the strongest nor the most intelligent of the species
that survives but the one which is most adaptable to
change. This theory has proved to be true in case of
Dr. Singh who utilized the opportunities, which a liberal
environment offered, to the fullest. In the beginning of
1990s, the winds of liberalization had started flowing
in India and the economy started opening up – the
economic reforms which were kick-started in 1991
brought about expansion of the services sector helped
largely by a liberalized investment and trade regime
which increased consumer choices and reduced poverty
significantly.
Taking advantage of the changing economic scenario,
Dr. Singh listed his company on the stock exchange and
his organization’s first IPO and listing on Bombay Stock
Exchange occurred in 1994. Thus, there was no looking
back for Dr. Singh, who kept on expanding the Group
by organic growth and also by the way of acquisitions
of businesses and today the conglomerate has eleven
companies operating in different segments and an asset
base of more than 2 billion dollars and more than 10,000
employees.
As Founder, Chairman and Managing Director of
Alchemist Limited, Dr. Singh has achieved outstanding
success whilst forging a reputation of integrity and
promotion of fair business practices across a plethora
of industries under his Group such as Food processing,
Hospitals, Pharmaceuticals, Tea Estates, Aviation,
Infrastructure, Real Estate, Hospitality and education.

BUILDING THE NATION
Bent on giving back to the society by serving at the
political front, Dr. Singh ventured into the field of politics
as he decided to embark on nation-building.” He was
inspired by Ms. Mamta Banerjee’s sense of simplicity
and her untiring struggle for the upliftment of “Maa,
Maati and Maanush,” her honesty and ideals rooted in
one’s own identity, own soil and roots and one’s own
people – which propelled him to join the Trinamool
crusade.

Citing reasons for joining a regional party, he elaborates,

“I didn’t want to get lost in a party like the Congress or BJP

and sit idle. So I scanned through the regional parties and

Trinamool Congress (TMC) came closest to what I wanted.

There was instant chemistry and our thoughts gelled.” He

was elected to Rajya Sabha, the upper house of the Indian

Parliament, in 2010. Regarded as respected and dedicated

leader, he was made the head and party in-charge of 13

Northern and North Eastern states of India for All India

Trinamool Congress party.

He further elaborates, “Expansion in eastern India is on

my radar and I’m targeting West Bengal, Jharkhand and

the North-East.” He already operates three tea estates in

Darjeeling and two in Assam and intends to open at least four

“I DIDN’T WANT TO GET LOST IN A PARTY

LIKE THE CONGRESS OR BHARATIYA

JANATA PARTY (BJP) AND SIT IDLE. SO I

SCANNED THROUGH THE REGIONAL PARTIES

AND TRINAMOOL CONGRESS (TMC) CAME

CLOSEST TO WHAT I WANTED”

hospitals in the upcoming years. His deep commitment

to public service and industrial reform is quite explicit

from his tenure as the Chairman of the Central Advisory

Board on Minimum Wages, and as Chairman of the

National Meat and Poultry Processing Board when he

took adequate steps aimed at revolutionizing the food

processing industry.

A PASSIONATE PROMOTER OF SPORTS

Having completely realized the significance of games

and sports and the positive implications they have for

a sportsperson’s mind and body, in addition to being a

platform for bringing laurels for the nation, Dr. Singh

has always encouraged sports. An avid sportsperson

himself, he likes to attend sports championships and

encourage the emerging talents. His brand, Alchemist

Group sponsored the Federation Cup hockey tournament

organized by the Indian Hockey Federation in 2013 and

he has held the positions of President of the Indian

Hockey Federation (IHF) and the Hockey Association of

Haryana in the past.

AWARDS & RECOGNITIONS

Dr. Singh’s dedicated efforts in the public and

professional spheres have been recognized through a

number of awards, including the Rashtriya Ratan Award

DR. KANWAR

DEEP SINGH

GLOBAL asian

2017