Naidu has won a number of awards, including IT Indian of the Millennium from "India Today", Business Person of the Year by "The Economic Times", South Asian of the Year from "Time Asia" and membership in the World Economic Forum's Dream Cabinet. Naidu chaired the National IT Panel under the National Democratic Alliance (India) (NDA) government and was described as one of the "hidden seven" working wonders of the world by "Profit" (Oracle Corporation's monthly magazine). Naidu was offered an honorary professorship by US business school - the Kellogg School of Management in 2000. He was the Chairman of National Task Force on Micro-irrigation from Government of India, Ministry of Agriculture in 2003. He was the head of 13-member Committee of Chief Ministers to promote digital payment systems and financial inclusion in India which was constituted by federal government in 2016.