Frost & Sullivan join hands with FICCI for IMEA 2017
Dec 16, 2016: The 13th edition of the 'India Manufacturing Excellence Awards (IMEA) 2016’ recognised the Best Manufacturing companies in India at the recently held award function in Mumbai. The event rounded off with the announcement of Frost & Sullivan’s association with FICCI (Federation of Indian Chambers of Commerce and Industry) for IMEA 2017.
Frost & Sullivan has been engaging with companies from the grass root level, while FICCI has been actively representing industry requirements to the policy makers, with the same objective: Enhancing India's manufacturing competitive advantage. Moving forward, both organizations have partnered to drive the common agenda of propelling Manufacturing growth. Frost & Sullivan and FICCI will be jointly hosting "India Manufacturing Excellence Awards" henceforth.
“FICCI is happy to partner with Frost & Sullivan for Indian Manufacturing Excellence Awards. FICCI has been consistently working towards improving competitiveness and productivity of Indian manufacturing sector. The sector has the potential to be the engine of growth and create job opportunities for our burgeoning workforce. These awards shall help the industry to adopt best practices in the operation excellence, reduce wastages and achieve higher levels of growth” stated by FICCI.
IMEA was conceptualised by Frost & Sullivan with a mission ‘to recognise Indian manufacturing capability and assess its global competitiveness’ and has been the premier platform to identify Future Ready Factories in India.
“Manufacturing is the key driver of economic prosperity and creates more wealth than any other industry. The current challenges of low demand, increasing raw material, and labor cost require organizations to adopt advanced manufacturing practices to become efficient and remain competitive. Adoption of right technologies to take companies to next level of performance, efficiency, and quality will be crucial to sustenance” said Nitin Kalothia, Director, Manufacturing & Process Consulting Practice, Frost & Sullivan.
This year’s Manufacturing Excellence awards were presented to 27 companies under three major categories: Indian Manufacturer of the Year Award, Future Ready Factory of the Year Award and Gold Awards.
The 2016 India Manufacturing Excellence Award Recipients:
