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This award, instituted in memory of the late Mr. Vinod Doshi, one of the founding fathers of IMTMA and the IMTEX trade-based exhibition, is given to someone who has shown an outstanding record of first generation entrepreneurship in building machine tool companies in India. This person is chosen by an awards committee constituted solely for this purpose, comprising eminent persons from the industry.
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On January 21, 2010, the first IMTMA – Vinod Doshi Outstanding Entrepreneur Award was given to Mr. Antony Rasquinha, Chairman, Electropneumatics & Hydraulics (India) Private Ltd. Pune. Mr A. V. Sathe, Chairman, Pragati Automation Pvt. Ltd. and Ace Designers Ltd. was awarded the second IMTMA – Vinod Doshi Outstanding Award on January 20, at IMTEX 2011 for his outstanding entrepreneurship in Machine Tools.
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