"Padma Vibhushan Azim Premji was conferred with the CII President's Award at the CII National Conference and Annual Session 2015," the industry body said.
"CII recognized Premji for driving nation building across multiple dimensions of business, technology, community and society and shaping the human face of Indian industry," it said.
Wipro Group Chairman Premji, who has been at the helm of the company since the 1960s, has been instrumental in turning what was then a USD 2 million cooking fat company into a USD 7 billion IT/BPO and R&D services organisation with a presence in 60 countries.
He has been one of the country's most iconic and inspirational industry leaders not only for his achievements in the field of business, but also for his contribution to the society through his philanthropic efforts, it said.
His vision to significantly contribute to achieving quality universal education that facilitates a just, equitable, humane and sustainable society has been well appreciated, CII added.