G. S. Parkhe Industrial Merit Awards were instituted in 1947 at the Mahratta Chamber of Commerce Industries & Agriculture by Shri M. S. Parkhe of Parkhe Group in the memory of his young brother and innovator entrepreneur late G.S. Parkhe for the SSI entrepreneurs Form Maharashtra for innovative product/process/design/service or importsubstitute items developed by them.
G.S. Parkhe Awards Scheme has emerged as a prestigious institution in Maharashtra. Since 1947,under this Scheme more than 400 entrepreneurs having independent product innovation to their credit have been awarded. Parkhe Award winners not only get fame and recognition but are able to project and sell their award winning products in the market successfully. G. S. Parkhe Industrial Merit Awards are distributed every year in memory of late G. S. Parkhe.
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