Chosen 'Businessman of the Year 1993', Business India, January 1994
Awarded the Companion Membership of the Textile Institute, UK, an award which is limited to 50 living members who have "substantially advanced the general interests of the industries based on fibres", 1994.
Leading business magazine Business Barons placed him in its list of 'India's 25 Most Influential Business and Financial Leaders', June 1998.
Chosen as 'Star of Asia' by Business Week, USA, June 1998.
Chosen as one of the three 'makers of equity' by India Today in their special millennium issue entitled '100 People Who Shaped India in the 20th Century', January 2000.
Awarded the Dean's Medal by The Wharton School, University of Pennsylvania, for setting an outstanding example of leadership, June 1998.
The only Indian industrialist in 'Business Hall of Fame' in Asiaweek, October 1998.