Ludhiana: Punjab Governor presents achievement awards to 6 business leaders

Tribune News Service

Ludhiana, December 17

Six leading entrepreneurs, managers, industrialists and corporate citizens were honoured with annual achievement awards by Punjab Governor and Chandigarh Administrator Banwarilal Purohit here on Friday.

The awards were presented by the Ludhiana Management Association (LMA), a vertical of All India Management Association (AIMA), at its 43rd annual awards function to honour the leaders of the society who inspire the entire business fabric to do better, every year, said the LMA president, Sandeep Kapoor.

Deputy Commissioner Varinder Kumar Sharma and Commissioner of Police, Gurpreet Singh Bhullar led the district administration officials at the event.

LMA annual awards committee chairman VK Goyal said the body worked for months in finalising the deserving candidates across the state or even Punjabis settled outside the state.

The Governor awarded Vardhman Award for Entrepreneur of the Year 2020 to Amit Gupta, MD, Leeford Healthcare Ltd, Ludhiana; Dayanand Munjal Award for Manager of the Year 2020 to Dr Bishav Mohan, Chief Cardiologist, Hero DMC Heart Institute, Ludhiana; Trident Award for Young Innovative Entrepreneur of the Year 2020 to Raghav Chaudhary, MD, Crescendo Global Leadership Hiring Co Pvt Ltd, Ludhiana; Hari Chand Award for Corporate Citizen of the Year 2020 to Jatinder Manchanda, MD, Guru Nanak Industrial Corporation Ltd, Ludhiana; Sohan Lal Pahwa Award for Emerging SME of the Year 2020 to Arjun Sethi, MD, SCASA Agro Industries Ltd, Ludhiana; and Sat Paul Mittal Life Time Achievement Award of the Year 2020 posthumously to DL Sharma, MD, Vardhman Yarns and Threads Ltd, Ludhiana.

In his address, Purohit commended the work of the LMA and its accomplishments over the past decades. He said it is appreciable how the LMA as a body had put in continuous efforts in establishing a better environment for growth for management academics, entrepreneurs and its individual members.

The Governor also congratulated the award winners and said their work will be an inspiration for generations to come. He urged the LMA members to contribute and strengthen the business community and research efforts for better development.

“Ludhiana is largely concentrating on the small-scale industries and producing the brightest minds in various fields of business. We need to create an ecosystem where young people will be the job givers rather than seekers,” he said.

Stressing that intelligence quotient is needed for the best management, Purohit added: “Our youngsters are ready to work in diverse countries like Iraq and this needs to be reversed.”

He concluded his speech by quoting Mahatma Gandhi’s statement from “Young India”, “Commerce without morality is a sin”.

Around 400 leading industrialists, entrepreneurs, academicians, businessmen and women business leaders attended the function.

LMA vice-president and general secretary Harpreet Kang said the body was formed in 1978 as an affiliate unit of the AIMA, New Delhi. The membership landscape over the period stands out vividly, since the LMA has become one of the leading management associations in the northern region with more than 500 leading industrialists, entrepreneurs, top management executives, management academicians, bankers and professionals as its members. The LMA also has over 400 student members, she informed.

Kang added that the LMA has been recognised and conferred with accolades like the Best LMA Award for the year 2010 and again for the year 2014 out of the total 67 LMAs or local management associations under the AIMA across the country.

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