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MOTORINDIA
l
January 2012
Fiem Industries chief honoured with
Special Awards
Mr. J.K. Jain, Chairman & Man-
aging Director, Fiem Industries Ltd.,
has been conferred the prestigious
Doctor of Honours (Business Man-
agement) by the Open Internation-
al University for Complementary
Medicines, Colombo, Sri Lanka.
The degree was conferred by the
Senate and Board of Directors of the
University on his fulfilling the quali-
fying requirements at a special func-
tion held recently.
Mr. Jain has also been presented
the Outstanding Entrepreneurship
Award by Enterprise Asia, a leading
NGO, for his outstanding and exem-
plary achievements in entrepreneur-
ship.
Mr. Jain began his career as an en-
trepreneur by working on his family
business when he saw the potential
growth in the Indian automotive
industry. With 35 years of experi-
ence, he is one of the pioneers of the
automotive components industry in
India.
achievements
A strong believer that determina-
tion and hard work are the key to
success, Mr. Jain was inspired to set
up a manufacturing unit for produc-
ing automotive components. Start-
ing off with only one unit, he slowly
started expanding operations, and
today he is a leading entrepreneur
with eight manufacturing units
across different States in India.
Mr. Jain visualizes that India is
going to be a manufacturing and
R&D hub in Asia for the automobile
industry and therefore has plans for
substantial expansion and product
diversification to meet the country’s
future demand.
w
Mr. Jain with the Outstanding Entrepreneurship Award
Mr. J.K. Jain, Chairman & Managing Director, Fiem Industries Ltd., being con-
ferred the prestigious Doctor of Honours (Business Management) by the Senate
and Board of Directors of the Open International University for Complementary
Medicines.
With a current staff strength
of 6,000, Fiem Industries also
has an R&D Centre in Japan and
boasts an annual turnover of
more than Rs. 4,170 million.