May 25, 2012: Mr. Keshub Mahindra, Chairman, Mahindra Group, was felicitated by the Federation of Automobile Dealers Association (FADA) with a Lifetime Contribution Award. It was presented to Mr. Mahindra in person by a team of FADA members led by their President, Mr. Nikunj Sanghi, at Mahindra Towers on May 22, 2012.
Home-grown manufacturers like Mahindra & Mahindra are conquering new frontiers across the world with each passing day. The Indian 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.
In view of his invaluable contribution to the growth, development and success of Indian auto industry, the FADA, as a part of the automotive business value chain, honored Mr. Mahindra.
Speaking on the occasion, Mr. Sanghi, said, “Thanks to his 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 for the leadership and direction provided over the years.”
The other members of FADA team, who were present on the occasion, included Mr. Bharat M Sanghvi, Mr. Rakesh Jain, Mr. Vinay Nevatia, and Mr. Jayendra Kachalia – all past Presidents of the FADA.
About The Mahindra Group
The Mahindra Group focuses on enabling people to rise. Mahindra operates in the key industries that drive economic growth, enjoying a leadership position in tractors, utility vehicles, information technology and vacation ownership. Mahindra has a presence in the automotive industry, agribusiness, aerospace, components, consulting services, defence, energy, financial services, industrial equipment, logistics, real estate, retail, steel and two wheelers.
A USD 14.4 billion multinational group based in Mumbai, India, Mahindra employs more than 144,000 people in over 100 countries. In 2011, Mahindra featured on the Forbes Global 2000 list, a listing of the biggest and most powerful listed companies in the world. Dun & Bradstreet also ranked Mahindra at No. 1 in the automobile sector in its list of India’s Top 500 Companies. In 2010, Mahindra featured in the Credit Suisse Great Brands of Tomorrow. In 2011, Mahindra acquired a majority stake in Korea’s SsangYong Motor Company.
For further enquiries
Senior VP & Group Head - Corporate Communication
Mahindra & Mahindra Ltd
Phone: +91 22 2490 1441
The Federation of Automobile Dealers Associations (FADA), founded in 1964, is the apex national body of automobile dealers engaged in sale, service and spares of 2/3 wheelers, passenger cars & UVs, commercial vehicles (including buses & trucks) and tractors in the country. FADA having 1500 members, including 24 associations of automobile dealers at the regional, state & city levels, represents over 75% of retail automobile trade in India.
For more information
Federation of Automobile Dealers Associations
805, Surya Kiran, 19 K G Marg
New Delhi 110 001
Phone: 011 2332 0095, 011 6630 4852, 011 4153 1495
Facsimile: 011 2332 0093