Frost & Sullivan's India Manufacturing Excellence Awards 2005

March 21, 2005 (PRLEAP.COM) Business News
Against this backdrop, Frost & Sullivan, a global growth consulting company, established the India Manufacturing Excellence Awards (IMEA) in 2004, to honor both market leaders and emerging companies in India’s manufacturing sector. With the mission "to recognize the Indian Manufacturing Capability and assess its Global Competitiveness," the IMEA awards recognize the select few who have achieved and sustained manufacturing excellence.

Companies shortlisted for IMEA awards have been typified by the due diligence, perseverance, foresight, and dedication required to develop a successful manufacturing organization and promote continuous learning.
Recipients of Frost & Sullivan’s IMEA 2004 were chosen by an Executive Committee comprising industry representatives and felicitated at a glittering awards ceremony held in Mumbai.

Among the companies presented these prestigious awards included Moser Baer; Tata Motors; Marico Industries Limited, Goa; Rane (Madras) Limited, Mysore; Solectron Centum Electronics Ltd; Aditya Cement (a unit of Grasim Industries, Ltd.); Delphi-TVS Diesel Systems Ltd; and Wipro Limited - computer factory.

Receiving the Corporate Platinum Award in IMEA 2004, Mr. J.M. Thatte of Tata Motors Limited remarked,”This award signifies public recognition of our efforts to successfully implement mass production processes with a high level of automation. While auto industry experts have been appreciative of the status of our operations for some time now, an award such as this has helped the public become more aware of the extent of work done. The very survival of our business in this fiercely competitive industry depends on our ability to manage manufacturing in line with the global trends of productivity and efficiency. We would just hope to better all our efforts.”

“It is wonderful to see the recipients of Frost & Sullivan’s IMEA 2004 working with increased confidence due to higher employee morale, enhanced client relationships as well as better investor relations,” says R. Rao, Head Process Consulting, Frost & Sullivan, India.

IMEA 2005 is ready to be kickstarted with interested companies invited to send in their applications by March 31st 2005. Starting April, shortlisted companies will be assessed by a panel of experts with recipients to be conferred the awards at a gala to be held in November of this year.

About Frost & Sullivan Awards - Frost & Sullivan awards are presented to companies that demonstrate excellence in their industry, commending diligence, commitment, and innovative business strategies required to advance in the global marketplace.

Frost & Sullivan rigorously analyzes specific criteria to determine award recipients in a variety of regional and global markets. These awards recognize the superior planning and execution of product launches, strategic alliances, distribution strategies, technological innovations, customer service, and mergers & acquisitions. A host of other crucial marketing factors such as leadership, strategy, service, innovation, integration, and development are also recognized.

The companies that are commended as award recipients are those with the diligence, perseverance, and dedication required to develop a successful business plan and excel in the increasingly competitive global marketplace.

About Frost & Sullivan - Founded in 1961 in New York, Frost & Sullivan is a global growth consulting company, supporting clients' expansion for more than four decades. In India, our market expertise covers a broad spectrum of verticals (technology, healthcare, automotive, chemicals, industrial and process consulting) while our portfolio of advisory competencies includes custom strategic consulting, market intelligence, summits & conferences and management training.

Our mission is to forge partnerships with our clients' management teams to deliver market insights and to create value and drive growth through innovative approaches.

Frost & Sullivan's network of consultants and analysts spans the globe with offices in every major country.