New Delhi: President Ram Nath Kovind conferred the prestigious Padma Bhushan Award on TVS Motor Co Chairman Venu Srinivasan, and Mahindra Group Chairman Anand Mahindra, two doyens of the Indian automotive industry, at the Rashtrapati Bhavan on Monday. Prime Minister Narendra Modi also attended the first of the Padma Award ceremonies for 2020 and 2021.
Venu Srinivasan and Anand Mahindra are recognised for their distinguished contribution in trade and industry with the Padma Bhushan. Both of them were awarded Padma Shri in 2010.
Venu 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. He is also the Managing Trustee of Srinivasan Services Trust set up in 1996. The Trust operates in over 5000 villages and some of its thrust areas include empowerment of women and afforestation.
Anand Mahindra is the chairman of the USD 20.7 billion Mahindra Group. Under his tenure the Group expanded domestically and internationally into a range of major industrial sectors from automobiles and agriculture to IT and aerospace. Mahindra, who charms his 7.4 million followers on Twitter, is also known for his philanthropic work.
The Padma Awards, the important civilian awards of the country, are conferred in three categories: Padma Vibhushan (for exceptional and distinguished service), Padma Bhushan (for distinguished service of high order) and Padma Shri (for distinguished service of high order in any field). These Awards are given in various disciplines/ fields of activities, viz.- art, social work, public affairs, science and engineering, trade and industry, medicine, literature and education, sports, civil service, etc.
Shuttler PV Sindhu is the only player to be conferred with the Padma Bhushan award this year.
The Prime Minister hailed the contribution of the recipients of the Padma awards. The PM tweeted “Attended the first of the Padma Award ceremonies for the years 2020 and 2021. I felt extremely happy to see grassroots level achievers being recognised for their exemplary efforts to further public good. Congratulations to all those who have been conferred the #PeoplesPadma.”