PHDCCI CENTENARY CELEBRATIONS IN MADHYA PRADESH; DISTINGUISHED PERSONALITIES HONORED FOR THEIR CONTRIBUTION TOWARDS THE DEVELOPMENT OF THE STATE.

Mr. Raghupati Singhania, Vice Chairman and Managing Director, JK Tyre receives the Udyog Ratna Award and announces a Rs. 200 crore expansion plan for the JK Tyre plant in Banmore, M.P.

New Delhi: The Chief Minister of Madhya Pradesh, Mr. Babulal Gaur and Mr. Kailash Chawla, Minister for Commerce and Industry, Employment and Commercial Taxes, M.P, felicitated distinguished personalities for their contribution to the development of the state, at a function held at the Nur-us-Sabha Palace in the state capital on Monday, April 25, 2005. Upon receiving the Udyog Ratna Award, Mr. Raghupati Singhania, who is also the Chairman of the Centenary Celebrations of PHDCCI, announced a Rs. 200 crore-expansion plan for the JK Tyre plant in Banmore, Madhya Pradesh spread over the next three years. JK Tyre's Madhya Pradesh Plant located at Banmore, Distt. Morena started production in 1991 with a capacity of 5.7 lac tyres per annum, producing a range of tyres and Passenger Radials in particular.

Commenting on the role of PHDCCI, Mr. Raghupati Singhania, Chairman, Centenary Celebrations, said, "I am happy to be associated with the Chamber's Centenary Celebrations. Traversing from the colonial to the post-independence era of planning and controls to the liberalization of the economy in the nineties, the Chamber has achieved the distinguished stature of an apex Chamber with a wide regional focus. The chambers spectrum of services to the community has also expanded, giving it an ideal blend of regional development and grass-root operations. With its international linkages, particularly the MoU's with Chambers of Commerce in various countries have added to the chamber's capabilities in promotion of international trade."

Other distinguished personalities awarded for their contribution towards the development of the state include: C.K.Birla - Chairman, Hindustan Motors, S P Oswal - Chairman, Abhay Firodia - CMD, Bajaj Tempo Ltd., Adi Godrej - Chairman, Godrej, Shashi Ruia - Chairman, Essar, Arun Bharatram - CMD, SRF, OP Lohia - MD, Indo Rama Synthetics, Sunil Bharti Mittal - CMD, Bharti Group, Malvinder Mohan Singh - President, Ranbaxy laboratories, Jaiprakash Gaur - CMD, Jaypee Group, State Bank of Indore - MD C.Narsimhan, Ramesh Agarwal, Bhaskar Group, S.Matsunga, MD, Bridgestone India Pvt. Ltd, Ashok Sinha - BPCL, Ashok Puri - BHEL, S.Shandilya - Eicher, among other distinguished personalities.

Photo caption:
From left- Mr. Raghupati Singhania, Vice Chairman and Managing Director, JK Tyre, Mr. Kailash Chawla, Minister for Commerce and Industry, Employment and Commercial Taxes, M.P and the Chief Minister of Madhya Pradesh, Mr. Babulal Gaur.