Bangalore: Venu Srinivasan, CMD (chairman and managing director), TVS Motor Company, recognised as one of the "Stars of Asia" by Business Week International that featured Asia's 25 top achievers, was today (November 6) presented with a special plaque in recognition of his achievements by former US President Bill Clinton, at the CEO (chief executive officer) Forum in Hong Kong.

Srinivasan was the only Indian manufacturer eligible for this distinction in the Star of Asia 2002 along with stalwarts like Toyota Motor Corporation's president Fujio Cho, TVS said in a statement.

Srinivasan said he is proud that an Indian company is winning laurels amidst competition in the same segment from international business houses.

"It speaks volumes of our diligent and dedicated work force at TVS Motor Company who have worked hard even under trying circumstances to keep the company in the forefront of our business," he said.

Business Week said, "For more than a decade, Srinivasan worked hard to revive his company, which manufactured motorcycles and scooters in a joint venture with Suzuki Motor Corporation, after a strike nearly disrupted it. By 2001, TVS Motor Company had become strong enough to split with Suzuki on favourable terms and start manufacturing on its own."

PTI