Mr Keshub Mahindra, the chairman emeritus of Mahindra & Mahindra Ltd. has been honoured with the coveted Liftetime Achievement Award from ASSOCHAM - The Association of Chambers of Commerce and Industry of India, in recognition of his stellar contribution to the the Indian industry over the past five decades.
Mr. Keshub Mahindra joined the Board of Mahindra & Mahindra in 1948 and was elected Chairman in 1963. During the almost five decades of his Chairmanship, the Mahindra Group grew from a manufacturer of automobiles into a federation of companies operating in a range of businesses which includes automobiles, tractors, auto components, I.T., real estate, financial services and hospitality.
During the course of his long and illustrious career, Mr. Mahindra served on a number of Boards and Councils in both the private and public domains. He was the founder Chairman of HUDCO, served on many Corporate Boards including SAIL, Tata Steel, Tata Chemicals, Indian Hotels, IFC, ICICI and HDFC, and held the position of President - ASSOCHAM, the Employers' Federation of India and the Bombay Chamber of Commerce and Industry.
A renowned philanthropist who redefined good corporate governance in India, he has served on several committees, including the Sachar Commission on Company Law & MRTP and the Central Advisory Council of Industries. From 2004-2010, he was a Member of the Prime Minister’s Council on Trade & Industry, New Delhi.
Mr Mahindra also served as president of ASSOCHAM in 1969-70, a period which saw its emergence as one of the most progressive and dynamic chambers of industry in the country. He is currently the member of the Apex Advisory Council of ASSOCHAM.
Mr Mahindra on receiving the award said, “To be honoured for one’s lifetime of work is a rare and prestigious honour. I would like to thank ASSOCHAM for bestowing me with this award, which rightfully belongs to the over 1,80,000 employees of the Mahindra Group who have contributed to its growth and success in India and overseas.”
Mr Rana Kapoor, president of ASSOCHAM said, “As an inspirational business leader, socially conscious philanthropist and visionary entrepreneur, Mr. Mahindra’s contribution to Indian business and industry is truly extraordinary. As a true doyen of Indian industry, he has not only helped build the Mahindra Group into a globally diversified multinational with a strong Indian ethos, but has also contributed to the development of a strong manufacturing sector in the country through active participation in several apex government committees and forums.”