Bharat Goenka receives the IET India Lifetime Achievement Award 2022

Bangalore: Bharat Goenka, co-founder and managing director of Tally Solutions was honored with the IET India Lifetime Achievement Award by The IET (Institution of Engineering and Technology) India, a global engineering body at the forefront of innovation ardently advocating and leading technology usage for positive social impact. The award was conferred for his contributions to the Indian software product industry and his relentless pursuit of changing the business ecosystem through innovative software solutions. The felicitation was done by Shri Suresh Prabhu, Former Union Minister with 10 Portfolios and 6 Times Member of Parliament, at the IET Future Tech Congress 2022.

With a rapidly growing startup ecosystem and increasing preference for India as a global R&D hub for tech firms overseas, India is well positioned to become the next global powerhouse for technology innovation. In order to use technology to assist business owners in managing their operations more effectively, Mr. Goenka, a technophile, understood the prime challenges in the accounting system and founded Tally Solutions (formerly known as Peutronics). It’s latest version, Tally 9 is the world's first concurrent multi-lingual business accounting and inventory software. 

"The innovators, pioneers, and leaders of Indian engineering and technology will play a critical role in shaping the future of the country.  Through the IET India Awards, we aim to reward and recognise engineering excellence across the Indian engineering landscape. ", says Shekhar Sanyal, Director and Country Head of IET India. “We take great delight in being able to acknowledge Mr. Bharat Goenka for his outstanding achievements in the Indian software product domain and we are confident that he will be an inspiration for emerging engineering talent in our country”, he adds.

The IET India awards aim to reward and recognise engineering excellence across the Indian engineering landscape. The first edition of the IET India Awards was successfully concluded in 2021, in celebration of 150 years of the Institution of Engineering and Technology.  Now in its second edition, the institution received a large number of entries from individuals and organisations across the country. The awards were conferred across seven categories - IET India Lifetime Achievement Award, Young Woman Engineer Award, The Youth Engineering Icon, IET India Volunteering Award, IET India Mobility Award, IET India Engineering the Future of Work Award, IET India Future Tech Award. The next edition of the awards will be announced in June 2023, and further details will be available on the official IET India website and social media handles.