The Federation of Automobile Dealers Associations (FADA) has presented its Lifetime Contribution Award to Mr. Venu Srinivasan, Chairman, TVS Motor, for his immense contribution to the Indian automobile industry. The Award was conferred upon him as part of FADA’s 10th Auto Summit which was held in New Delhi on February 9. As he was slightly indisposed, Mr. Srinivasan could not attend it.
A FADA delegation consisting of Mr. John K. Paul, its President, Mr. Nikunj Sanghi, Chairman, Auto Summit 2018, Mr. KVS Prakash Rao, Director, Auto Summit 2018, and Mr. C.S. Vigneshwar, Director, FADA Academy, visited the TVS Motor headquarters in Chennai to hand over the Award to Mr. Srinivasan. Mr. H. Lakshmanan, Executive Director, Sundaram Clayton Ltd., was also present at the function.
While receiving the Award, Mr. Srinivasan said: “I am really very happy to receive this Life Time Contribution Award as TVS and FADA go long back since the time my uncle T.S. Santhanam became the first President of FADA in 1964. I started my own career as a technician in a dealership workshop, and in fact all my current dealerships are FADA members.”
He added: “Sensing the disruption which is not far off, I would urge the two-wheeler dealerships to start networking with local technicians and use their skills to leverage the business. I would also suggest PV dealerships to come together, consolidate and bring in professionals to manage the show as in the time to come, it will be really difficult for small dealers to survive.”