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Bajrang Punia started the gold rush and he was joined by Sakshi Malik and Deepak Punia.
The Sports Ministry decided against bestowing the Arjuna on Sakshi and weightlifter Mirabai as the two have already been conferred with the Khel Ratna Award.
Indian women team registered its best-ever performance at the Asian Wrestling Championship with eight medals.
Bajrang Punia lost his semifinal bout to home nation's Daulet Niyazbekov under controversial circumstances after he secured his place in the Tokyo Olympics along with Ravi Dahiya.
The 25-year-old from Haryana had to settle for a bronze at the Commonwealth Games in April and recently crashed out of the Yasar Dogu International in Istanbul.
Wrestling has been the most productive sport in recent times at the Olympics for the country, bringing in five medals - one silver and four bronze - in the last three Games.