2005 – Pravasi Bharatiya Samman in 2005; the highest Indian government award given to non-resident Indians.[40] 2008 – Padma Shri from the Government of India[41] 2010 – "Business Man of the Year 2009-10" award instituted by the Kerala State Forum of Bankers' Clubs.[42] 2012 – Lifetime Achievement Award at the inaugural Indian CEO Awards held in February.[43] 2012 – Swiss Ambassador's Award 2012 for outstanding efforts in promoting Swiss-UAE relations.[44] 2012 – "Most Influential Asian Business Leader in the MENA region" award by Forbes Middle East.[45] 2012 – "Arab Business Leader of the Year 2012" during the third edition of the Global Arab Business Meeting held in Ras Al Khaimah.[46] 2016 – Was honoured with the archbishop Mar Gregorios Award instituted by the alumni association of Mar Ivanios College, Amicos, for his contribution to the industrial sector in 2016.[47][48] 2018 – Honorary doctorate from Middlesex University[49] 2018 – Honorary doctorate from Mahatma Gandhi University, Kerala[50] 2021 - Was honoured with Abu Dhabi's highest civilian award, Abu Dhabi Award 2021 by HH Sheikh Mohammed Bin Zayed Al Nahyan,Crown Prince of Abu Dhabi.[51]