Industry veteran A.M. Naik of L&T group has been awarded the second highest civilian honour Padma Vibhushan on the 70th Republic Day. He thus becomes one of the very few professionals from the field of industry to win this award.
“This honour is a deserving acknowledgement of Naik’s extraordinary record in serving industry while simultaneously fulfilling the twin objectives of building the nation and creating value for all stakeholders. In our company’s long history, he is the first L&T-ite to climb this pinnacle. He has been awarded the Padma Bhushan in 2009,” a statement issued by the company said.
Responding to the announcement, Naik said: “I am deeply honoured to be conferred with the Padma Vibhushan. I belong to a family of teachers who hail from a tiny village in rural Gujarat. To receive this high national recognition for my role in the industry is an affirmation of my belief that total commitment to a cause, with passion and utmost dedication is destined to win the highest recognition. For me the Padma Vibhushan is also an acknowledgement of the contribution made to industry, nation and society by Larsen & Toubro – the 80-year old company that I am proud to have served for over 50 years and led for nearly two decades.”