Actress Aishwarya Rai Bachchan will be honoured with the inaugural Meryl Streep Award for Excellence at the first Women in Film and Television (WIFT) India Awards. The Miss World 1994, will receive the award on Saturday at the Hyatt Regency here, reports hollywoodreporter.com.

WIFT India said that Aishwarya will receive the award for showcasing a 'distinction in her craft and for expanding the role of women within the entertainment industry.' Apart from Aishwarya, filmmaker Zoya Akhtar will receive the Wyler Award for Excellence in Direction, and "Dhadak" star Janhvi Kapoor will receive the WIFT Emerald Award.