26-year-old Khandelwal, who looked dapper in a tuxedo by designer Nivedita Saboo, received a cash prize of USD 50,000 on winning this celebrated title at the Southport Theatre and Convention Centre in Southport.

The model-actor from Hyderabad defeated 46 contestants from across the globe to be crowned the first Indian winner last night.

"I still cant believe that I have won the Mr World title. Being the first Indian ever to win this title internationally makes me immensely proud and ecstatic. Its a dream come true and am very thankful to the Miss India Organization for giving me this opportunity and guiding me throughout my exciting journey.

"My family, friends and my fans have been a constant support for me and this wouldnt have been possible without the support of my well-wishers," he said in a statement.

Mr World 2014 Nicklas Pedersen passed on the title to the new winner.

Fernando Alvarez, 21, from Puerto Rico and Aldo Esparza Ramirez, 26, from Mexico were the first and second runners up respectively.

The event was hosted by Filipino Superstar and Miss World 2013 Megan Young alongside professional singer and former Mr England Jordan Williams and Frankie Cena of Canada.

Khandelwal also competed for various sub-titles at the pageant like Mr World Multimedia Award, Mr World Talent, Mobstar Peoples Choice Awards, Mr World Sports Event and won the Mr World Multimedia Award.