Mr. Lalit Doshi was Chief Executive Officer of MIDC from June 1979 to May 1982. He played a crucial role in the industrialization of backward areas of Maharashtra by promoting industrial estates in these regions. In his Memory, from the year 2014, the Foundation has instituted jointly with MIDC the Lalit Doshi Memorial Award, for Small & Medium Enterprises located in MIDC area of Maharashtra.

In selecting the best performing Unit for the award, various parameters, such as the financial performance, promoters' background, technology involved, among others, were considered.

The manufacturing units in SME (Small & Medium Scale enterprises) sector under MIDC areas are considered for the award annually. Each year, units in a particular Revenue Division (to be considered by rotation) are considered for the award. The Award is given to the companies in SME sector having activities in backward areas of Maharashtra.

The Lalit Doshi Memorial Award consists of a certificate and cash prize of Rs.100,000/-

A Similar arrangement earlier existed with SICOM.

 
     

2013-2014

First Award:

JADHAO GEARS PRIVATE LIMITED, Amravati,
     
  Second Award: Akshay Chemicals, Akola
     
     

2014-2015

First Award - Joint Winners:

ARTS Watermatics Pvt. Ltd. (Parbhani)
Pawan Precision (Aurangabad)
     
  Second Award - Joint Winners: Jyotirling Industries (Aurangabad)
Aditya Industries (Latur)
     
     

2015-2016

First Award:

M R Pharma Pvt. Ltd.
     
  Second Award - Joint Winners: Medimek Industries
Sitson India Pvt Ltd.
     
     

2016-2017

First Award:

Shantiraj Foods Pvt. Ltd.
     
  Second Award: Arco Life Sciences India Pvt Ltd.
     
     

2017-2018

First Award:

Krishna Pectins Pvt Ltd.
     
  Second Award: M/s Integrated Aggro
     
     
 

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