Punjab Governor commends work of Ludhiana Management Association 

The Governor of Punjab, Banwarilal Purohit has commended the work of Ludhiana Management Association (LMA) and its accomplishment over the past decades. He said it was appreciable how the LMA as a body had put in continuous efforts in establishing better environment for growth for management academics, entrepreneurs, and its individual members. 

Punjab Governor commends work of Ludhiana Management Association 

Ludhiana, December 19, 2023: The Governor of Punjab, Banwarilal Purohit has commended the work of Ludhiana Management Association (LMA) and its accomplishment over the past decades. He said it was appreciable how the LMA as a body had put in continuous efforts in establishing better environment for growth for management academics, entrepreneurs, and its individual members. 


The Punjab Governor was the distinguished guest at the function. He was addressing the Ludhiana Management Association’s 45th Anniversary and award function here today. He also congratulated the award winners on this occasion and said that their work was an inspiration for generations to come. He urged LMA members to contribute and strengthen business community and research efforts for better development. 


Shobhan Soi, General Secretary, LMA in his welcome address thanked Punjab Governor for sparing his valuable time to confer the Annual awards instituted by Ludhiana Management Association. The event was conducted to facilitate the blazing industrialists and entrepreneurs of Ludhiana. 
He said the awards presented by LMA reflect gratitude, recognize excellence and motivate the youth.

The following awards were presented: LMA – Vardhman Award for Entrepreneur of the Year 2022 (Satyan Bhatia, Managing Director International Marketing Corporation Private Limited, Ludhiana); LMA – Dayanand Munjal Award for Manager of the Year 2022 (D K Sindhwani, Director- Corporate Services, Vardhman Textiles Limited, Ludhiana); LMA–Trident Award for Young Innovative Entrepreneur of the Year 2022 (Paras Budhiraja, Managing Director, Paras Spices Private Limited, Moga); LMA – Hari Chand Award for Corporate Citizen of the Year 2022 (Rahul Verma, Managing Director, Riddhi Processors Private Limited, Ludhiana); LMA – Sohan Lal Pahwa Award for Emerging SME of the Year 2022 (Sidharth Sareen, Hi-Tech International, Ludhiana); and LMA – Sat Paul Mittal Life Time Achievement Award of the Year 2022 (Upkar Singh Ahuja, Managing Director, New Swan Multitech Limited, Ludhiana)

About 300 leading industrialists, entrepreneurs, academicians, business men and women attended the function. Important dignitaries from the public administration offices also joined the event. The membership landscape over the period stands out vividly, since LMA has become one of the most outstanding management association in Northern India with more than 550 leading industrialists, entrepreneurs, top management executives, management academicians, bankers, & professionals. 

The event was concluded with presidential remarks by Neeraj Jain, President LMA, a vote of thanks by Harpreet k Kang Senior Vice President LMA.

A memento was presented to the Governor by Gaurav Munjal, Vice President LMA.