Rupa & Company's Prahlad Rai Agarwala has been awarded the Padma Shri Award
27 January 2022, Mumbai:
The Indian government has bestowed the Padma Shri award to Prahlad Rai Agarwala, Executive Chairman of Rupa & Corporation, a major company situated in Kolkata.
Padma Shri is India's fourth-highest civilian honor. Rupa & Company, one of India's leading knitwear brands, produces innerwear, casualwear, sleepwear, and thermal wear for men, women, and children and has a revenue of over Rs. 1,200 crore.
Only a few veterans of the Indian textile and apparel industries, such as Dr. A Sakthivel of Poppys Knitwear and SP Oswal of Vardhman Group, have received important Padma awards in recent years.
"This honor has unrivaled significance in terms of respect and appreciation of the Chairman's great influence on Indian society as a whole, as well as his vision and efforts."
He has always led by example, from bringing business to a new level to creating many job chances," according to the company. There were nine trade and industry winners among the 128 Padma award recipients this year.
This year's Padma Bhushan recipients are N. Chandrasekaran, Chairman of Tata Sons, Sundar Pichai, CEO of Google, and Satya Nadella, CEO of Microsoft.
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