industry stalwarts Venu Srinivasan, Chairman, TVS Motor Company and Anand Gopal
Mahindra of Mahindra & Mahindra, were presented the prestigious Padma
Bhushan Award by the President of India, Ram Nath Kovind, at the Rashtrapati Bhavan.
Padma Bhushan is the country’s third-highest civilian award and the two auto
industry veterans were honoured for their contribution in the field of trade
and industry. Venu Srinivasan is known to be passionate about his commitment to
society through a unique model of village development in South India, said a
TVS press release.
Srinivasan is the Chairman of the TVS Group which includes
Sundaram-Clayton and TVS Motor Company,
a reputed two-wheeler and three-wheeler manufacturer globally. Srinivasan was earlier conferred the coveted
Padma Shri Award by the President of India in 2010. Srinivasan, is the Managing
Trustee of Srinivasan Services Trust which he setup in 1996. The Trust operates
in over 5000 villages and some of its thrust areas include empowerment of women
Government of India awarded the two industrialists at a ceremony at the Rashtrapati
Bhavan. “This is a recognition of our Rise philosophy—doing well and doing good
at the same time. Anand Mahindra has
over the years has showed exemplary business acumen and nurtured the growth of
the Mahindra Group with the highest standards of corporate governance. The
Group has expanded through diversification and acquisitions on a global stage,
while continuing to strengthen the foundations of its core businesses. Most
importantly, he has upheld the spirit of the Mahindra Group, which has always
believed firmly in giving back to the community and ensuring inclusive growth,”
a M&M release said.
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