MAM
Srinivasan Swamy inducted into AFAA hall of fame at Adasia Beijing
MUMBAI: In a moment of well-deserved recognition, R K Swamy Ltd chairman Srinivasan Swamy has been inducted into the Hall of Fame of the Asian Federation of Advertising Associations (AFAA) at Adasia Beijing. The honour ‘AFAA’s highest’ was presented by AFAA immediate past president Raymond So, before delegates from 32 countries.
The citation celebrating Swamy’s extraordinary career highlighted his “quarter century spent in leading and building the largest Indian-owned integrated marketing services group”: the R K Swamy Hansa Group. It also commended his visionary leadership that has guided the global marketing and communications industry for over four decades.
Over the years, Swamy has held numerous prestigious leadership positions across the industry. He has served as chairman of the Asian Federation of Advertising Associations (AFAA), chairman and world president of the International Advertising Association (IAA), and chairman of the Confederation of Asian Advertising Agency Associations (CAAAA). He was also president of the India chapter of the IAA for an unprecedented four years, president of the Advertising Agencies Association of India (AAAI) for three consecutive terms and was re-elected once again in 2025 and chairman of the Advertising Standards Council of India (ASCI). In addition, he has served as chairman of the Audit Bureau of Circulations (ABC), president of the All India Management Association (AIMA), the Madras chamber of commerce and industry, the Madras management association, and the Advertising club Madras.
The citation also lauded his role in creating and leading major industry milestones. Swamy played a key part in conceptualising Goafest, steering the IAA world congress 2019, and spearheading the IAA silver jubilee summit in Kochi. He has also been instrumental in driving several editions of the confederation of Indian industry’s international brand summit and the AIMA world marketing congress, among other notable initiatives.
Beyond the realm of advertising, Swamy has made a significant impact through his work with social, educational, medical, and cultural institutions. His involvement in community and religious causes has further reinforced his reputation as both an industry stalwart and a socially conscious leader.
His illustrious career has earned him numerous national and international accolades. He is the only Indian to have received the award of appreciation from the Japan Advertising Association, the IAA Global Compass Award for outstanding contribution to the industry, and the Adstar Korea Lifetime Honour Award. Among his many other honours are the AFAA special merit award, the IAA Inspire champion award, the IAA North Star medal, and the honorary life fellowship from the All India Management Association.
Swamy has also been recognised closer to home with lifetime achievement awards from the advertising agencies association of India, Indira institutions, the Rotary Club of Guindy, and the Advertising Club Madras. He has been inducted into the IAA India chapter hall of fame and was honoured with the Distinguished alumni award by the Alagappa College of Technology during its platinum jubilee celebrations.
Known for his friendly demeanour, generous spirit, and wise counsel, Srinivasan Swamy continues to inspire the advertising fraternity across the world. His induction into the AFAA hall of fame cements his position as one of India’s most respected global advertising leaders: a visionary who has built an enduring legacy of leadership, learning, and lasting impact.
MAM
Karnataka clears Rs 4,824 crore investment projects across 13 districts
37 new industries approved, projects expected to create 14,525 jobs.
MUMBAI: If investment is the fuel of economic growth, Karnataka has just stepped on the accelerator. The Government of Karnataka has approved industrial projects worth Rs 4,824.31 crore, a move expected to generate 14,525 new employment opportunities across the state, according to a report by Press Trust of India. The approvals were granted during the 158th meeting of the Karnataka State Level Single Window Approval Committee, chaired by state industries authorities.
Karnataka industries minister M B Patil said the committee cleared 37 new industrial proposals and two additional investment projects spread across 13 districts, including Vijayapura, Bagalkote, Chitradurga, Kolar and Ramanagara.
The projects span a wide range of sectors such as information technology infrastructure, sugar manufacturing, technical textiles, compressed biogas, aerospace, jewellery manufacturing, electronics, software services and hospitality, including five star hotel development.
Patil said the diverse mix of industries reflects Karnataka’s strategy of attracting investments across both traditional manufacturing sectors and emerging technology driven industries.
Of the total proposals cleared, 22 projects fall under the large and medium industry category, each involving investments of more than Rs 50 crore.
Together, these projects account for Rs 3,908.68 crore in investment and are expected to create approximately 12,475 jobs.
Another 15 projects are classified as new industrial ventures with investments ranging between Rs 15 crore and Rs 50 crore. These projects collectively represent Rs 350.60 crore in investment and are expected to generate around 1,750 jobs.
In addition, the committee approved two further projects worth Rs 565.03 crore, which are expected to create about 300 employment opportunities.
Among the notable proposals cleared by the committee is a major information technology infrastructure development project by Bagmane Constructions Private Limited with an investment of Rs 494.65 crore.
Another significant project involves Karnataka Bangaru Sugars Pvt Ltd, which received approval to establish a sugar manufacturing facility worth Rs 443.50 crore.
In the textiles sector, Kleine Pax Ltd secured approval to set up a technical textiles manufacturing unit involving an investment of Rs 376 crore.
The hospitality sector also saw a major proposal, with Trishul Buildtech and Infrastructure Pvt Ltd receiving approval to develop a five star hotel project worth Rs 300 crore.
Meanwhile, the state also cleared a compressed biogas production facility by Troult Grass Pvt Ltd involving an investment of Rs 257.77 crore in Mudhol.
In the electric mobility segment, Tsuyo Manufacturing Pvt Ltd has been approved to set up a motor and controller manufacturing facility for electric vehicles, with an investment of Rs 250 crore.
Officials said the distribution of projects across multiple districts is expected to strengthen regional industrial development and expand employment opportunities beyond the state’s established technology hubs.
With the approvals spanning sectors from traditional manufacturing to next generation technologies, Karnataka aims to reinforce its position as one of India’s leading investment destinations while supporting job creation across diverse industries.
