BREAKING NEWS : A M Naik sign away his post as chairman of L&T Group - Few things about him.

By Ritwik Ghosh,Kolkata India


A M Naik’s attention going forward will be on his humanitarian enterprise, including the Naik Charitable Trust.

A M Naik on Saturday stepped down as the speaker of Larsen & Toubro Group. The 81- time-old construction major master handed over the arm of the$ 23 billion empire to SN Subrahmanyan at an event in Mumbai, PTI reported.

He’ll be now the speaker of the workers trust and will concentrate on expediting several humanitarian enterprise that he has accepted in the once many times. Naik’s attention going forward will be on his humanitarian enterprise, including the Naik Charitable Trust which focuses on education and skill- structure of the depressed, and the Nirali Memorial Medical Trust devoted to easing super thing healthcare at subsidised cost.

FEW points we need to know about AM Naik.

  •  According to L&T website, A M Naik had joined the company as its inferior mastermind in 1965. He fleetly rose within the species from general director to managing director and principal administrative officer( CEO).
  • On December 29, 2003, Naik was appointed as the president and managing director. He served as the Group Executive Chairman of L&T from 2012 to 2017. In October 2017, he stepped away from administrative liabilities, and was appointed Group Chairman.
  •  Naik is credited with kickstarting the indigenising the manufacture of critical outfit for the defence sector and process diligence. As per the company’s website, Naik’s sweats led to L&T assuming leadership position in the design, development and manufacture of dumdums and armament systems and forging a “ vibrant relationship with public bodies for defence exploration & development and space exploration ”.
  • The Centre appointed AM Naik as the president of the National Skill Development Corporation( NSDC) from November 2018 to April 2022. He also piloted the Indian Institute of operation – Ahmedabad( IIM- A) as Chairman of the Board of Governors from 2012 to 2016. He also served as the member of the Governing Body of the Charutar Vidyamandal University, Gujarat and was appointedCo-leader by the Ministry of Commerce and Industry, Government of India of the India- Malaysia CEOs Forum.
  •  Naik was conferred with Padma Vibhushan in 2019. In 2009, he was awarded the Padma Bhushan. AM Naik has also been conferred with Gujarat Garima( Pride of Gujarat) Award in 2009. He was conferred rank of Knight of the Order of the Dannebrog( 2008). In 2015, he was fete with a advanced rank – the Order of the Dannebrog Knight First Class
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