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Ratan Tata conferred with Maharashtra govt.’s ‘Udyog Ratna’ award

Eminent industrialist Ratan Tata was conferred with the first ever ‘Udyog Ratna’ award instituted by the Maharashtra government. The award was presented to the 85-year-old chairman emeritus of Tata Sons by Chief Minister Eknath Shinde and Deputy Cheif Ministers Devendra Fadnavis and Ajit Pawar at the industrialist’s home in Colaba in south Mumbai.

The contribution of the Tata group in all sectors is immense. The steel-to-salt group operates in more than 100 countries across six continents. In 2021-22, the collective revenue of Tata companies stood at $128 billion. The honour comprised a shawl, a citation and a memento from the Maharashtra Industrial Development Corporation (MIDC). The award comprises a shawl, a citation, and a memento. It is presented by the Chief Minister of Maharashtra.

About the Udyog Ratna award

The Udyog Ratna award is a prestigious award that recognizes the achievements of outstanding industrialists in Maharashtra. It is a testament to the contribution of these individuals to the economic development of the state. The award is named after the Sanskrit word “udyog”, which means “enterprise” or “industry”. It is a fitting name for an award that celebrates the achievements of those who have helped to build and grow the industrial sector of Maharashtra. The Udyog Ratna award is a great source of pride for the recipients, and it is a reminder of their contribution to the state’s economic development. It is also an inspiration to others who are working to make a difference in the industrial sector.

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Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.