The Federation of Automobile Dealers Associations (FADA) has presented the Life Time Contribution Award to Venu Srinivasan, Chairman, TVS Motor for his contributions to the Indian Automobile Industry. The award was conferred on him as part of FADA’s 10th Auto Summit in New Delhi, India. Venu Srinivasan could not attend the function due to ill health.
“I am really very happy to receive this Life Time Contribution Award as TVS and FADA go long back since the time my uncle T S Santhanam became the first President of FADA in 1964. I started my own career as a technician in a dealership workshop and in fact, all my current dealerships are members of FADA. Sensing the disruption which is not far off, I would urge the two-wheeler dealerships to start networking with local technicians and use their skills to leverage the business as supposed to look upon them as competition. I would also suggest PV dealerships consolidate among themselves and bring in professionals to manage the show as in the time to come, it will be really difficult for small dealers to survive,” said Venu Srinivasan
John K Paul, President, FADA, Nikunj Sanghi, Chairman Auto Summit 2018, KVS Prakash Rao, Director Auto Summit 2018 and C S Vigneshwar, Director – FADA Academy were part of the delegation which handed over the award.