Ludhiana Management Association (LMA) Concludes its 47th Annual Awards Function with Grandeur  

Ludhiana, December 12, 2025: The Ludhiana Management Association (LMA), in collaboration with the All India Management Association (AIMA), successfully hosted its 47th Annual Awards Function at Radisson Blu Hotel, Ludhiana.  
The event was honored by the esteemed presence of Gulab Chand Kataria, Governor of Punjab and Administrator of UT Chandigarh, as the Chief Guest and Sanjeev Arora Cabinet Minister, Punjab (Industry & Commerce, Investment Promotion, Power, and NRI Affairs) as the Guest of Honor.

The prestigious ceremony celebrated excellence in leadership, innovation, and sustainable business practices. The following awardees were recognized for their outstanding contributions in their respective categories:  

•    The LMA-Vardhman Award for Entrepreneur of the Year 2024 was presented to Avinash Gupta, Managing Director of R.N Gupta & Company Limited, for his exceptional leadership and entrepreneurial success.  
•    The LMA-Dayanand Munjal Award for Manager of the Year 2024 was awarded to Puneet Vij, Managing Director at Groz-Beckert Carding India Limited, for his exemplary managerial contributions.  
•    The LMA-Trident Award for Young Innovative Entrepreneur of the Year 2024 was bestowed upon Komal Sharma Talwar Founder of TT Consultants and XLSCOUT, in recognition of her innovation-driven entrepreneurship.  
•    The LMA-Sat Paul Mittal Lifetime Achievement Award of the Year 2024 was conferred on Sanjiv Mehta Executive Chairman L Catterton, for his lifetime contributions to business and industry.  
•    The LMA-Hari Chand Award for Excellence in Environment, Social and Governance (ESG) of the Year 2024 went to Anurag Gupta Managing Director Usha Yarns Limited, for his outstanding efforts in Environment, Social and Governance (ESG).  
•    The LMA-Sohan Lal Pahwa Award for Emerging SME of the Year 2024 was awarded to Rajan Mittal, Managing Director Forge Auto International Limited, for his achievements in building a thriving small and medium enterprise.  
•    The LMA-Mrs. Bector's Woman Entrepreneur of the Year Award 2024 was presented to Shradha Suri Marwah, Chairperson & Managing Director Subros Limited, for her inspiring entrepreneurial leadership.
•    The LMA-Krishna-Pran Award for Excellence in Social Responsibility & Higher Purpose of the Year 2024 was presented to Pritpal Singh, Proprietor Hanspal Traders, for his outstanding effort in Social Responsibility and Higher Purpose.

 

In his address, Chief Guest Gulab Chand Kataria not only applauded the achievements of the awardees but also spoke passionately about youth empowerment. He emphasized that the future growth of the nation rests in the hands of young leaders equipped with vision, integrity, and a spirit of innovation. He encouraged institutions like LMA to continue nurturing young talent, fostering entrepreneurial thinking, and building platforms that enable the youth to contribute meaningfully to India’s development story.

During the ceremony, Sanjiv Arora, Cabinet Minister Punjab of Industries and commerce, Investment Promotion, Power and NRI affairs also addressed the audience, acknowledging the remarkable contributions of the management community. He highlighted the importance of collaborative leadership, continuous learning, and professional excellence in shaping organizations of the future. His words resonated strongly with the audience and added great value to the occasion.

Sanjiv Mehta, Former Chairman and Managing Director of Hindustan Unilever Limited, addressed the gathering with an inspiring keynote. He emphasized the importance of ethical leadership, innovation, and agility in today’s rapidly transforming global landscape. His insightful remarks set a thoughtful and energizing tone for the evening.

LMA President, Harpreet K Kang, also addressed the gathering, emphasizing the association’s continuous efforts to foster leadership, innovation, and sustainable business practices. She expressed pride in the achievements of the awardees and thanked all stakeholders for their unwavering support in making the event a resounding success.  

Vinod Kumar Goyal, Awards Committee Chairman, highlighted the significance of the LMA Awards, emphasizing their role in recognizing excellence and inspiring innovation in business and society.  

To conclude the ceremony, Gaurav Munjal, Senior Vice President, LMA, delivered a heartfelt Thank You Note, expressing gratitude to the dignitaries, awardees, sponsors, and participants. He acknowledged the collective efforts that contributed to the successful execution of the event and reaffirmed LMA’s commitment to fostering a dynamic and progressive management community. His closing words reflected optimism for the future and appreciation for everyone who played a role in making the event a memorable success.

The event concluded on a high note, with attendees engaging in meaningful networking and exchanging ideas on the future of business growth and sustainability.