Akshali Shah, Executive Director of Parag Milk Foods, has been recognised in Fortune India’s Most Powerful Women in Business 2026. The honour reflects her transformative leadership in evolving Parag Milk Foods into a modern nutrition-led FMCG company, driving innovation, premiumisation, and growth across its diverse portfolio of dairy and nutrition brands.
Parag Milk Foods has announced that its Executive Director, Akshali Shah, has been named among Fortune India’s Most Powerful Women in Business 2026, a prestigious recognition celebrating women leaders who are shaping the future of Indian business through vision, innovation and impact. The accolade marks a proud milestone for the company, underscoring Shah’s role in steering its transformation from a traditional dairy enterprise into a modern, nutrition-led FMCG organisation.
Shah’s leadership has been defined by bold decisions, strategic foresight and a commitment to building long-term value. With a sharp focus on premiumisation and consumer-centric innovation, she has successfully positioned Parag Milk Foods for sustained growth while creating new opportunities across categories. Her efforts have reinforced the legacy of Gowardhan, strengthened Go Cheese as India’s leading cheese brand, expanded the premium footprint of Pride of Cows, and accelerated the rise of Avvatar, India’s home-grown sports nutrition brand.
Beyond brand building, Shah has driven investments in manufacturing capabilities, product innovation, quality and sustainability. She has fostered a culture of collaboration, agility and excellence within the organisation, ensuring that Parag Milk Foods remains responsive to evolving consumer needs and industry dynamics.
Now in its 16th edition, Fortune India’s Most Powerful Women in Business recognises leaders who have delivered outstanding business performance, strategic vision and industry influence across sectors. Shah’s inclusion in this list reflects not only her individual achievements but also the direction in which Parag Milk Foods continues to grow.
The recognition is celebrated as a collective success by the Parag Milk Foods family, highlighting the company’s commitment to shaping the next chapter of growth under Shah’s leadership. It stands as a testament to her ability to blend tradition with innovation, ensuring that the company remains at the forefront of India’s dynamic dairy and nutrition landscape.
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