Mahindra Group Chairman Anand Mahindra has been honoured with the Harvard Medal at the annual meeting of the Harvard Alumni Association.
He received the medal for his dedication, generosity and service to the University.
"Harvard President Drew Faust, the Lincoln Professor of History, presented Mahindra with the medal at the Annual Meeting of the Harvard Alumni Association during Harvard's 363rd commencement afternoon program," an official release said today.
Mahindra is an alumnus of the Harvard University, graduating with Honours from Harvard College, Cambridge, Massachusetts, in 1977. In 1981, he secured an MBA degree from the Harvard Business School, Boston, Massachusetts.
"To be honoured by one's alma mater is a matter of great personal pride. Harvard has given me much more than just an education; it has expanded my world view and brought in a cross-cultural focus to my personal and professional life".
"This was also the impetus for establishing the Mahindra Humanities Centre at Harvard in 2010," Mahindra said in a statement.
Co-founder of the Harvard Business School (HBS) Association of India, Mahindra is also a founding member of the University's South Asia Institute (SAI), the HBS India Research Center, and the SAI field office in Mumbai.
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Champion to start local manufacturing; aims Rs 500 cr turnover * Targetting to achieve a turnover of Rs 500 crore by the end of current financial year, mobile and IT devices company Champion Computers will start manufacturing handsets in the country by end of this month.
"We will commence manufacturing at our Himachal Pradesh facility by the end of June and are targetting to achieve a turnover of Rs 500 crore by the end of financial year 14-15," Champion Computers Director Kapil Wadhwa told PTI.
He said the current capacity of the facility is 1 lakh units per month, which is likely to be increased three times by the end of this year.
"We will start producing feature and smartphones initially but will also start manufacturing tablet PCs going forward," Wadhwa said.
He said the company is very optimistic on the government policies, which encourage manufacturing.
The company, which has around 10 models in the market currently, plans to launch 3-4 devices every month.
It has a tie up with state-run BSNL for its products since November last year and has sold over 1 lakh devices through the partnership.
The company has a established network of about 3,000 dealers across country and the products are also available through e-commerce sites.
It also has a nationwide distribution network of 14 branch offices and 400 service centres.
