Adi Godrej, Andrew Liveris bag USIBC Global Leadership Awards

Adi, chairman of The Godrej Group, smiles during the India Economic Summit 2014 at the World Economic Forum in New Delhi

Godrej Group Chairman Adi Godrej and Dow Chemical CEO Andrew Liveries have been awarded the Global Leadership Awards of the US-India Business Council for their role in integrating India in the global supply chain.

Liveris and Godrej were presented with the prestigious annual award yesterday at the USIBC's annual gala.

Both were honored for creating inclusive business environments, integrating India in the global supply chain and advancing core values such as manufacturing, innovation and scale in tough market conditions, the USIBC said.

USIBC president Mukesh Adhi credited the two industry leaders with making tremendous strides in their businesses.

"They are indicative of the power of private enterprise in building strong ties between India and the US," said Aghi.

Upon receiving the award, Godrej said the US and India enjoyed a strong economic relationship, both in terms of trade and investment.

"With India’s strong expected growth over the next few years, this relationship will grow multifold and will be helped by the excellent work by the US-India Business Council," said Godrej.

Liveris, who is also the chairman of the Dow chemical company, said his company was working continuously towards strengthening the US-India partnership.

"Advanced technologies from companies such as Dow will deliver decisive contributions to help India realize its full potential, including economic diversification, sustainable growth and innovation," Liveris said.

USIBC also presented its inaugural "Artistic Achievement Award" to Yashwant Shirwadkar, a visionary and master in impressionistic landscape painting inspired by scenic cities in India.