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MOTORINDIA
l
June 2012
127
FADA honours
Keshub Mahindra
and
Rahul Bajaj
There is no gainsaying that the In-
dian auto industry has come of age
and has carved out a niche for itself
in the global automotive space. Ma-
jor OEMs such as Bajaj Auto, Ma-
hindra & Mahindra and Tata Motors
are conquering new frontiers across
the world with each passing day. In-
dian vehicle manufacturers, backed
by a fast developing domestic auto
component industry, have risen to
the challenge and stood up to the
technological and financial might of
global auto majors.
The fact that Indian automobile
companies are giving the global
auto giants a run for their money
speaks volumes of the engineering
and R&D capabilities as well as the
managerial acumen and entrepre-
neurial skills of Indian industry.
The Awards were presented by a
team of FADA members led by Mr.
Nikunj Sanghi, its President, in the
offices of Mr. Keshub Mahindra
and Mr. Rahul Bajaj in Mumbai and
Pune on May 22 and 23 respectively.
Speaking on the occasion, Mr.
Sanghi said: “Thanks to their vision,
determination and pioneering efforts,
the Indian growth story is making
waves all over the world. The Indian
auto retail market owes a lot to Mr.
Keshub Mahindra and Mr. Rahul
Bajaj for the leadership and direction
provided by them over the years.”
Mr. Mohan Himatsingka, Vice
President, added: “The iconic sta-
tus of Mr. Keshub Mahindra and
Mr. Rahul Bajaj in the Indian in-
dustry as a result of their business
acumen, ethical business practices
and excellent corporate governance
track record, have earned them lau-
rels and accolades not only in India
but across the globe. Therefore, we,
in the automobile dealer fraternity,
could not have thought of any better
names than Mr. Mahindra and Mr.
Bajaj for the honour”.
The other FADA team members
present on the occasion included
Mr. Bharat M. Sanghvi, Mr. Rakesh
Jain, Mr. Vinay Nevatia, Mr. Jay-
endra Kachalia, Mr. Kailash Gupta,
past Presidents, and Mr. Prakash
Rao and Mr. Mukesh Jain, FADA
officials.
w
awards
It is in recognition of their invaluable contribution to the growth,
development and success of the Indian auto industry that the Fed-
eration of Automobile Dealers Associations (FADA) has honoured Mr.
Keshub Mahindra, Chairman, Mahindra Group, and Mr. Rahul Bajaj,
Chairman, Bajaj Auto, with the Life Time Contribution Award.