India Orthotics & Prosthetics

Global Excellence Awards 2025: Celebrating Innovation in Prosthetics

The Global Excellence Awards 2025, one of the Biggest Business Awards, organised by Brand Empower Pvt. Ltd., celebrated the exceptional achievements of industry leaders and innovators at a prestigious venue in Maharashtra on 17th August 2025. The ceremony witnessed a gathering of celebrated personalities, corporate stalwarts, and emerging trailblazers across sectors. Adding charm and inspiration to the event, Mrs. Kajol Devgan graced the occasion as the Chief Guest, honouring the path-breaking work of the awardees. Among the illustrious recipients, Mr. Nagender Parashar, Founder and Chief Designer of Parashar Future Technologies LLP, was recognised with the title of Pioneering Innovation in Prosthetic Technology - Global Level, highlighting his commitment to enhancing mobility and quality of life for amputees worldwide.

Parashar Future Technologies LLP is an ISO 13485 certified leader in prosthetic solutions for lower extremities, producing hydraulic and pneumatic knee joints, adapters, and prosthetic ankles designed for all ages and activity levels. The company is dedicated to innovation, utilising state-of-the-art technologies and CNC-controlled precision manufacturing to deliver high-quality, durable, and customised devices. Speaking at the award ceremony, Mr. Nagender Parashar remarked, "This honour recognises the dedication of our entire team and strengthens our mission to develop prosthetic solutions that empower individuals to regain mobility and independence. Every innovation we create is driven by the desire to improve patient lives globally." The company collaborates closely with Parashar Industries (Ukraine) and the Center for Prosthetics "Without Limits" (Ukraine) to tailor solutions for unique cases, ensuring each patient receives an optimal prosthetic fit.

Speaking on the occasion, Nagender Parashar said, "For us at Parashar Future Technologies, this award is more than a trophy-it is a validation of our mission: to pioneer innovation in prosthetics and assistive technologies that redefine mobility, dignity, and possibility for people across the world. Our work has been acknowledged globally, but what makes it truly meaningful is its impact-helping individuals regain independence, confidence, and empowerment." Over the years, Parashar Future Technologies has stood at the frontline of transforming challenges into opportunities. By leveraging research, innovation, and partnerships, the company has been instrumental in shaping a new era of prosthetic solutions that merge science with empathy. This recognition reinforces the company's commitment to:

  • Driving innovation that is both technology-driven and human-centred.
  • Strengthening MSMEs through knowledge-sharing, capacity-building, and collaboration.
  • Creating solutions that embody India's vision of Atmanirbharta and global leadership in inclusive healthcare technologies.

As Nagender Parashar noted, "Awards like these remind us that innovation is not only about technology; it is about courage to challenge norms, empathy to design for real needs, and persistence to keep pushing boundaries. The future of technology is not just about progress-it is about purpose. And that will always remain our north star." Parashar Future Technologies remains dedicated to pushing the frontiers of prosthetic science and ensuring that its innovations create real-world impact. By uniting vision with purpose, the company continues to demonstrate that transformative technologies can turn vision into impact, and challenges into opportunities.

The Editor

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