The Padma Bhushan is the third highest civilian honor of the country and was conferred on Venu Srinivasan for his contribution in the field of trade and industry.
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President Ram Nath Kovind presents Padma Bhushan Award to TVS Group Chairman Venu Srinivasan
The Chairman of TVS Motor Company, Venu Srinivasan was awarded the Padma Bhushan by the President of India, Ram Nath Kovind during a special ceremony at Rashtrapati Bhavan. The Padma Bhushan is the third highest civilian honor of the country and was conferred on Venu Srinivasan for his contribution in the field of trade and industry. NS TVS The group chief has been instrumental in shaping the country’s commerce and business journey over the past decades. Not only Srinivasan, Mahindra Group Chairman Anand Mahindra was also honored with the Padma Bhushan award at the same ceremony.
Read also: Anand Mahindra honored with 2020 Padma Bhushan award, India’s third highest civilian honor
President Kovind presented the Padma Bhushan to Shri Venu Srinivasan for business and industry. He is the chairman of the Sundaram-Clayton Group, which includes India’s third-largest two-wheeler manufacturer TVS Motor Company and die-casting company Sundaram-Clayton Limited. pic.twitter.com/RtdRKAiCS1
— President of India (@rashtrapatibhvn) November 8, 2021
Venu Srinivasan was also honored with the Padma Shri award by the President of India in 2010. The chairman of the TVS Group, which also includes Sundaram-Clayton and TVS Motor Company, is the managing trustee of the Srinivasan Services Trust, which he established in 1996. The trust operates in more than 5000 villages and some of its key areas include empowerment of women and afforestation. .
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Srinivasan is also known to be passionate about his commitment to the society through a unique model of rural development in South India. One of the stalwart’s most notable achievements was the TQM (Total Quality Management) concept, which helped the company achieve new heights with each product launch. The concept gradually made its way into the Indian auto industry. Srinivasan also previously served as the Chairman of CII and Chairman of the National Committee for Quality.
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