Suresh Krishna bags Jiaxing Citizen award

Chennai, Oct 4: Sundram Fasteners Ltd Chairman and Managing Director Suresh Krishna has been conferred 'Jiaxing Honorary Citizen' award by the Jiaxing Municipal People's Government, at the 26th session of the standing Committee of the Fifth Municipal People's Congress of Jiaxing on September 29, 2006.

The award, instituted in 2003, was given to foreigners for their significant contribution to Jiaxing in the areas of economy, friendship and society.

A company release here said, the award was a part of 'Nanhu Friendship Awards,' named after the lake where the Chinese Communist Party was formed way back in 1921.

Mr Krishna was earlier honoured with the 'South Lake Friendship Award' by the Mayor of Jiaxing City in 2004.

Sundram Fasteners Ltd set up a wholly-owned subsidiary named Sundram Fasteners (Zhejiang) Ltd, at Haiyan County Jiaxing City Zhejiang Province, which was engaged in manufacturing high tensile fasteners and bearing housings.

Sundram Fasteners had so far invested USD 8.5 million in the project, the release added.

UNI