Noted for his outstanding contribution to social development in the country, IIT Bombay has recognized the service and commitment of Mr. Anand Mahindra, Chairman of Mahindra Group, and conferred on him the Degree of Doctor of Science (Honoris Causa). This degree is the highest honor bestowed by IIT Bombay, and was conferred on Mr Mahindra by Nobel laureate Kailash Satyarthi at the 53rd convocation ceremony held at IIT Bombay on Saturday.
Mr Mahindra, who is also the first Indian to receive a Harvard medal, speaking at the convocation urged other graduating students receiving their awards, “Everyone says that ‘Jugaad’ is India’s biggest contribution to the world. What I want from all of you is to work towards moving from ‘Jugaad’ to ‘Jhakaas'”. He spoke of the urgent need to focus on the “I” and not only on “Make in India”, but to also “Imagine in India”.
Nobel laureate Kailash Satyarthi was chief guest at the convocation and also spoke of the Three D Formula of Dream, Discover and Do while urging those present to aspire to being global citizens and striving for a better world rather than concentrating exclusively on their individual achievements.
Mr. Anand Mahindra has efficiently contributed to the development of the country. Today, M&M is a US$ 16.9 billion multinational group headquartered in Mumbai, India. The company offers employment to over 200,000 persons across 100 countries with operations spanning automobile manufacture, information technology, financial services and vacation ownerships besides retail steel, real estate, aerospace and consulting services.