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MITS Founder MK Bhatia Gifts 51 Cars to Employees for Diwali

The pharma entrepreneur frames the giveaway as recognition for top performers.

Overview

  • Bhatia handed over 51 new vehicles to MITS staff in Chandigarh and Panchkula, with videos of the ceremony circulating widely online.
  • This marks the third straight Diwali car giveaway after reported totals of 12 and 15 in prior years, which he described as reaching a “half-century.”
  • Footage shows keys being presented to selected employees, with reports noting Scorpio SUVs among the vehicles and a celebratory car rally to the company office.
  • He said the gifts reward high performers and boost morale, calling associates the backbone of his pharmaceutical businesses.
  • Online reaction mixed praise with skepticism over possible financing arrangements such as EMIs, with no independent confirmation of how the gifts were funded; coverage also recaps his reported 2002 bankruptcy and later business growth from around 2015.