Todi said the award is a recognition of the collective hard work and dedication of the entire Lux Industries team
MUMBAI, Sep 28 (The CONNECT) – Ashok Kumar Todi, Chairman, Lux Industries Ltd., has been conferred with the Bharat Samman award at the World Leaders Summit & Awards 2023 conducted by NRI Business Forum held at The House of Lords, London.
Lord Alastair Campbell, 4th Baron Colgrain, presented the award that recognises Todi’s “outstanding contributions to the hosiery industry in India and his exemplary leadership in the field of business””.
The company manufactures more than 100 products across 14 major brands comprising a complete range of innerwear, athleisure and outerwear for men, women, and children.
It has been a long way since 1957, when the family patriarch, the late Girdharilal Todi, set up Biswanath Hosiery Mills as an innerwear manufacturer. Then Ashok Kumar Todi, son of late Girdharilal Todi, came on board at a very early age. He took over as the chairman of Lux Industries Limited and has been engaged in the hosiery business for over five decades.
The company has made a wide-spread presence and has grown up higher in the graph under the guidance of Ashok Kumar Todi. It has successfully made its footprints in every state and presently has 2, 00,000 outlets pan India.
Todi also made immense contributions in the field of Exports and has brought in remarkable changes. This fostered the company’s growth widely and has expanded the company’s presence in 25+ countries. To name a few- Thailand, Singapore and UAE.
The 'Bharat Samman Award, 2023,' Todi said, which is not just a recognition of his efforts, but a reflection of the collective hard work and dedication of the entire Lux Industries team. “We have been a pioneer in the hosiery industry, setting benchmarks for quality, comfort, and style. For decades, our company has consistently pushed the boundaries of craftsmanship, ensuring that our products not just meet but exceed the expectations of our consumers and this award reaffirms our commitment to quality and innovation,” he said.