A statement from the US-based NGO- Children's Hope India (CHI) today said Nooyi would be felicitated with the Special Impact Award at their annual gala to be held at Pier Sixty in Manhattan on October 13.
Born in Chennai, Nooyi had studied business management from the premier Indian Institute of Management, Kolkata.
Founded in 1992 by a group of Indian American women professionals, CHI sponsors health, education and vocational programmes for thousands of children in India.
In addition to Nooyi's award, CHI will also honour human rights activist Mallika Dutt, who founded the human rights group 'Breakthrough', with the 'Making a Difference' Award.
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Sundaram Tagore, noted gallerist and descendant of the Tagore family, Trinamool Congress MP Derek O'Brien and fashion designer Rachel Roy will receive 'Spirit of Bengal' Awards.
Through this year's theme 'Viva Calcutta!', the auditorium at Manhattan's Pier Sixty would pay a sparkling tribute to the city of Kolkata and its riches of art, culture, fashion and cuisine.