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Chandigarh: A businessman from Chandigarh has apparently handed over 51 luxury cars to employees as Diwali gifts.

This is for the third year running that M K Bhatia, social worker and founder of Mits Healthcare in Panchkula, has gifted luxury cars to his colleagues and team members, Business Today has reported.

The entrepreneur referred to his new milestone as “half-century” of car gifting. After the cars were gifted, the team organised a ‘Car Gift Rally’ from the showroom to Mits House.

When asked why he gave away such expensive gifts every year, Bhatia explained: “My associates are the backbone of my pharmaceutical companies. Their hard work, honesty, and dedication are the foundation of our success. Recognizing their efforts and motivating them is my only goal – to keep them inspired and driven toward greater heights.”

Bhatia has been quoted as saying that this is not about showmanship but about strengthening team spirit and fostering a family-like bond within the organisation. “When the team is happy, the company naturally grows,” he said.

Visuals of Bhatia gifting cars to his team members have since gone viral on social media.

Bhatia gave away 15 cars to his top-performing employees in 2024. In 2023, he hit the headlines for gifting 12 cars to his staff. In 2024, the businessmen had announced his wish to give away 50 cars this year.

He had said how his company primarily hires fresh graduates and provides them necessary training. The best performers are then promoted to vice-presidents of their teams. Based on their performance, these individuals advance to become presidents and directors of the company.