Indian Aces
Sun 28 Jan 2018 10:17 AM
Aswini Kumar Borkotoky

Industry: Carlease

Designation: Owner and Managing Director

Country: Transport

Aswini K Borkotoky has been behind the wheel of two car lease companies in the UAE, steering both to impressive growth in his time in the driving seat. He first pressed the accelerator at Diamondlease, expanding it from a fleet of fewer than 25 cars in 1996 to more than 8,800 cars in 2008 – and an employee base of more than 650. In doing so, he created one of the best known automotive brands in the UAE and the largest locally branded car leasing company in the UAE. It’s hardly an exaggeration to say that Aswini single-handedly helped champion the concept of car leasing in the UAE.

In 2009, he switched seats and started Carlease, and with the same focus and tenacity it too became one of the fastest and most dynamic independent car rental companies in the UAE. Its annual growth averages in excess of 30 percent, with Borkotoky pushing relentlessly for higher targets and bigger goals.

Borkotoky was a naval cadet in India before studying at the Naval College of Engineering and then completing an MBA. He also organises eye treatments for the needy and supports children in his home state of Assam.