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Excellence in Supply Chain and Manufacturing Recognized at Frost & Sullivan's India Manufacturing Excellence Awards 2008
Date:12/9/2008

MUMBAI, India, Dec. 9 /PRNewswire/ -- Frost & Sullivan, a global growth partnership company, on the eve of its recently held Manufacturing Summit, hosted the India Manufacturing Excellence Awards (IMEA) 2008, at The Leela Palace, Bangalore. Instituted in 2004, the awards aim to highlight the very best and indeed, India's world-class manufacturing capabilities and acknowledge the best facilities in India that have achieved and sustained manufacturing excellence through a balanced mix of diligence, perseverance, foresight, and dedication required to develop a successful manufacturing organization.

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With Mr. Vikram Kirloskar and Mr. S M Trehan honoring the awards ceremony as the Chief Guests, this high-profiled awards night saw CEOs, CXOs of leading business houses all under one roof, to celebrate the spirit of supply chain and manufacturing excellence in India.

The highlight of the evening was the panel discussion titled "A Resurgent India -- To be driven by Manufacturing and Logistics?" The panelists for this session included Mr. Vikram Kirloskar, Vice Chairman, Toyota Kirloskar Motor Limited and Chairman & Managing Director, Kirloskar Systems Ltd, Bangalore, Mr. S M Trehan, MD, Crompton Greaves Ltd, Mr. Anand Rangachary, MD, Frost & Sullivan, South Asia and Middle East, Mr. C Narasimhan, Ex-President, Sundaram Clayton Ltd, Dr. N Ravichandran, CEO, Lucas TVS Ltd, Mr. Shyam Bang, Executive Director, Jubilant Organosys and Mr. Dilip Oommen, CEO, Essar Steel (India).

IMEA 2008 saw both Large and Emerging Enterprises (defined as SMEs or companies with turnover less than INR 100 Crore) presented the Corporate Platinum Award and Corporate Gold Award across sectors such as Automotive, Automotive Ancillaries, Engineering, Chemicals, Healthcare, Metals and Process.

Speaking about the roadmap ahead for manufacturing, Anand Rangachary, Managing Director, Frost & Sullivan, South Asia and Middle East, said, "Manufacturing is no doubt going to be a key driver industry in the coming years of the Indian economy. 2008 though has seen a drop due to the global factors which has affected all sectors, including manufacturing. The momentum of the developments in the infrastructural capacities has to be ensured, as this will help the sector to cash on its growth in the future."

Frost & Sullivan received an over-whelming 173 requests for IMEA 2008 assessments. Applicants were asked to assess themselves on a 30-point checklist and send in 50 key matrices, which define their business performance. Based on the self-assessed checklist and matrices, facilities were short-listed for site visits. During these site visits, facilities were assessed on 14 factors (12 quantitative and 2 qualitative) such as Layout and MHS, Focus on Customers, Safety and Environment, Supply Chain, Quality Systems, Operational Flexibility, amongst others. These factors are globally known to reflect facilities' progress towards flexibility and leanness and are associated with manufacturing excellence. Scoring was on a maximum of 1200 points. A stringent evaluation process based on the above model was followed to select award recipients.

Highlighting the key findings from IMEA, Raghavendra Rao, Director, Manufacturing and Process Consulting Practice, Frost & Sullivan, South Asia and Middle East, said, "This year saw a more uniform participation of companies (post shortlisting) across all sectors. It is interesting this time to plot the strategic abilities of companies against their implementation performance with respect to supply chain and manufacturing excellence."

IMEA 2008 was preceded by the 'India Manufacturing Summit', which focused on sharing best practices observed during the assessment of facilities. Covering topics such as Supply Chain and Logistics Excellence, Leveraging Lean Concepts towards Operational Excellence, Safety Practices, Integrating IT to leverage manufacturing systems control, amongst others, this summit provided an ideal platform for knowledge exchange and business networking.

Microsoft was the partner for this year. The Financial Express was the National Print Partner. Other media partners include, A&D India, Industrial Automation, Industry 2.0, Machinist, Search and Machinist. in.

Honoring 'Excellence'

                                      Super Achiever
       Corporate Super Platinum Award: Sterlite Industries (India) Limited,
        Tuticorin
       Corporate Super Platinum Award : Sterlite Industries (India) Limited,
        Silvassa
       Super Platinum Award: Balasore Alloys Limited, Balasore
       Super Platinum In Emerging Facilities Award: IP Rings Limited,
        Maraimalai Nagar

                              Platinum Award Recipients
    Chemicals:                             Metals:
    Godrej Consumer Products               Essar Steel Limited, Hazira
     Limited, Gwalior

    Engineering:                           Process:
    Larsen & Toubro Limited-               Birla White (A division of Grasim
     (Electrical Standard Products),        Industries Limited), Jodhpur
     Powai

    Larsen & Toubro Limited-
     (Electrical Standard Products),
     Ahmednagar

    Healthcare:                           Automotive Ancillaries:
    Piramal Healthcare Limited --          Napino Auto & Electronics Limited,
     Healthcare Solutions, Pithampur        Manesar

                                Gold Award Recipients
    Automotive:                            Automotive Ancillaries:

    TATA Motors Limited, Lucknow          GREAVES COTTON Limited -- Light
                                            Engines Unit-II, Ranipet

                                           In Emerging Facilities: Minda
                                            Stoneridge Instruments Limited,
                                            Chakan

                                           Minda Industries Limited, Pune

    Engineering:                 Process:
    Sundram Fasteners Limited,
     Pondicherry
                                 BILT Graphics Paper Products Limited --
                                  Bhigwan

                                 In Emerging Facilities: SKM Egg
                                  Products Export (India) Limited,
                                  Erode

    Pharma:                      IT and Automation Hardware :
    Claris Lifesciences Limited,
     Ahmedabad                   HCL Infosystems Limited, Pondicherry

    Jubilant Organosys
     Limited, Nanjangud

About Frost & Sullivan -

"We Accelerate Growth"

Frost & Sullivan, the Growth Partnership Company, partners with clients to accelerate their growth. The company's TEAM Research, Growth Consulting and Growth Team Membership(TM) empower clients to create a growth-focused culture that generates, evaluates and implements effective growth strategies. Frost & Sullivan employs over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 30 offices on six continents. For more information about Frost & Sullivan's Growth Partnership Services, visit http://www.frost.com.

    Media Contact:

    Caroline Lewis
    Corporate Communications, South Asia
    P: +91 22 4001 3438
    F: +91 22 2832 4713
    E: caroline.lewis@frost.com

    Nimisha Iyer
    Corporate Communications, South Asia and Middle East
    P: +91 22 4001 3404
    F: +91 22 2832 4713
    E: niyer@frost.com


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