Exclusive Interview: Enso Group Chairman Vinay Maloo on Ethics, Legacy, and Long-Term Value

Key Highlights:

[Vinay Maloo Exclusive Interview] Mumbai | April 10, 2025 |
In an era where short-term thinking often trumps principles, Vinay Maloo, Chairman of Enso Group, stands out as a rare voice championing long-term ethical business. In this exclusive conversation with the Hindustan Herald, Maloo reflects on his business journey, past controversies, and Enso Group’s future as a global and responsible conglomerate.

Q: What is your long-term vision for Enso Group?

Vinay Maloo:
My vision is to build Enso Group into a global conglomerate that not only generates wealth for its shareholders but also makes a meaningful contribution to society. We are not here for shortcuts. We are here for the long run. Our aim is to grow sustainably and ethically, without ever compromising on values.

Q: How do you reflect on the 2001 HFCL stock market controversy today?

Vinay Maloo:
We were one of the fastest-growing companies at the time, which unfortunately led to unfounded allegations from rivals. However, all investigating bodies gave us a clean chit. We had nothing to do with the controversy. It was an external narrative that didn’t reflect the reality of our operations or ethics.

Q: What importance do you place on Enso’s brand image?

Vinay Maloo:
A brand image is the sum of a company’s actions. It’s how people perceive you—and it must be earned. By practicing corporate governance, maintaining ethical behavior, and consistently delivering results, we ensure that the Enso brand is respected. A strong brand is a testament to integrity and leadership.

Q: What message would you give to your shareholders?

Vinay Maloo:
I want to assure our shareholders that they have placed their trust in the right hands. Their investments will grow, not just in numbers but in long-term value. We’re committed to transparency, ethical operations, and building something that lasts. At Enso, we believe in creating value for all stakeholders.

Q: How do you view CSR and state welfare in the business context?

Vinay Maloo:
That is central to our philosophy. Doing business isn’t just about profits—it’s about giving back to society. Our focus is to stay firmly within the legal framework, while contributing meaningfully to the welfare of communities we operate in. Corporate Social Responsibility is not a side activity for us—it’s part of who we are.

Vinay Maloo’s leadership at Enso Group reflects a rare combination of ambition, responsibility, and ethics. His approach—marked by clarity, integrity, and visionary foresight—underscores the importance of doing business the right way. From clearing past controversies to outlining a future rooted in transparency and social commitment, Maloo’s roadmap is a beacon for modern Indian business leaders.

A Visionary Grounded in Integrity

Vinay Maloo’s leadership at Enso Group blends ambition with responsibility. Whether reflecting on old challenges or defining future goals, his focus remains steadfast: to build an organization that earns trust, embraces ethics, and stands the test of time. In India’s evolving business ecosystem, Maloo’s story serves as both a blueprint and a benchmark.

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