Binita Pradhan is the recipient of the Laxmi Woman Entrepreneur Award 2004, created by Laxmi Bank in recognition of her contributions to the womens empowerment cause. Pradhan is the Executive Director of AVCO International, which is the sole distributor of Hyundai Motor Company South Korea and Hyundai Motor India and also represents a host of other mutlinationals. The award was a part of Celebrating Womanhood 2004.