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Frost & Sullivan’s “India Manufacturing Excellence Awards 2019” Lauds Breakthrough Business Models and Strategies across the Manufacturing Sector in India
December 20, 2019
Business Wire India
The 16th edition of the ‘India Manufacturing Excellence Awards (IMEA) 2019’ came to a spectacular close on December 18, 2019, in Mumbai. The Awards recognized manufacturing companies in India for their breakthrough business models and strategies that brought about transformational innovation and growth.
IMEA was conceptualized with a mission “to recognize Indian Manufacturing capability and assess its global competitiveness”. With a legacy of 15 years, IMEA has been one of the largest and most sought after on-site assessments in recognizing and benchmarking industries across all sectors and categories. This year 35 Manufacturing Excellence Awards were presented to companies across key categories, such as Indian Manufacturer of the Year, Future Ready Factory of the Year, Smart Factory, Gold Awards, and MSME Manufacturing Excellence Awards.
This year, Reliance Industries Limited – Mumbai was recognized with the “Indian Corporate of the Year Award” followed by Hyundai Motor India Limited – Irungattukottai, which won the “Indian Manufacturer of the Year Award”.
“As has been emphasized by Professionals and Manufacturing Gurus, the only companies to survive in future are those that have the flexibility to produce in a situation of fluctuating demand. This is a reality of the demand pattern. Companies need to be lean, mean and agile to insulate stakeholders from demand variability (to the extent possible). The real challenge that the industry faces is to manage the present situation and also plan a future roadmap, carefully factoring in technology disruptions that have started to impact the manufacturing industry. Is the solution hidden somewhere within?” said Raghavendra Rao, Associate Partner & Senior Vice President, Frost & Sullivan.
Talking about the Awards, Gowtham Sivabalan, Director, Manufacturing & Process Consulting Practice, Frost & Sullivan said, “It is an honor, a responsibility and a pleasure to host the 16th edition of Frost & Sullivan’s IMEA. I would like to congratulate all the award winners for their dedication and dogged perseverance toward continual improvement. Companies use the IMEA assessment as a measure of their progress toward excellence and recalibrate their internal efforts to derive value. Riding the next wave of transformation successfully for companies would mean the adoption of relevant IIoT principles.”
Built on the strong foundation of the ever-evolving Global Excellence Model and delivered through a robust, acclaimed, and constantly enhanced objective assessment process, IMEA is derived from global best manufacturing practices. The awards recognize the best in class innovation, success stories and stellar performances in the manufacturing industry.
To know more about the India Manufacturing Excellence Awards and its methodology, please log on to www.frost.com/imea.
The event was supported by our Silver Partner: Mitsubishi Electric.
The Media Partners supporting the event were: Automation Connect, Communications Today, Engineering Review, ECargoLog, Industrial Automation Review, Industrial Automation, Machine Tools World, Manufacturing Today.
Recipients of the India Manufacturing Excellence Awards 2019
Source: Businesswire
The 16th edition of the ‘India Manufacturing Excellence Awards (IMEA) 2019’ came to a spectacular close on December 18, 2019, in Mumbai. The Awards recognized manufacturing companies in India for their breakthrough business models and strategies that brought about transformational innovation and growth.
IMEA was conceptualized with a mission “to recognize Indian Manufacturing capability and assess its global competitiveness”. With a legacy of 15 years, IMEA has been one of the largest and most sought after on-site assessments in recognizing and benchmarking industries across all sectors and categories. This year 35 Manufacturing Excellence Awards were presented to companies across key categories, such as Indian Manufacturer of the Year, Future Ready Factory of the Year, Smart Factory, Gold Awards, and MSME Manufacturing Excellence Awards.
This year, Reliance Industries Limited – Mumbai was recognized with the “Indian Corporate of the Year Award” followed by Hyundai Motor India Limited – Irungattukottai, which won the “Indian Manufacturer of the Year Award”.
“As has been emphasized by Professionals and Manufacturing Gurus, the only companies to survive in future are those that have the flexibility to produce in a situation of fluctuating demand. This is a reality of the demand pattern. Companies need to be lean, mean and agile to insulate stakeholders from demand variability (to the extent possible). The real challenge that the industry faces is to manage the present situation and also plan a future roadmap, carefully factoring in technology disruptions that have started to impact the manufacturing industry. Is the solution hidden somewhere within?” said Raghavendra Rao, Associate Partner & Senior Vice President, Frost & Sullivan.
Talking about the Awards, Gowtham Sivabalan, Director, Manufacturing & Process Consulting Practice, Frost & Sullivan said, “It is an honor, a responsibility and a pleasure to host the 16th edition of Frost & Sullivan’s IMEA. I would like to congratulate all the award winners for their dedication and dogged perseverance toward continual improvement. Companies use the IMEA assessment as a measure of their progress toward excellence and recalibrate their internal efforts to derive value. Riding the next wave of transformation successfully for companies would mean the adoption of relevant IIoT principles.”
Built on the strong foundation of the ever-evolving Global Excellence Model and delivered through a robust, acclaimed, and constantly enhanced objective assessment process, IMEA is derived from global best manufacturing practices. The awards recognize the best in class innovation, success stories and stellar performances in the manufacturing industry.
To know more about the India Manufacturing Excellence Awards and its methodology, please log on to www.frost.com/imea.
The event was supported by our Silver Partner: Mitsubishi Electric.
The Media Partners supporting the event were: Automation Connect, Communications Today, Engineering Review, ECargoLog, Industrial Automation Review, Industrial Automation, Machine Tools World, Manufacturing Today.
Recipients of the India Manufacturing Excellence Awards 2019
| No. | Award Title | Company Name | Facility Location |
| Indian Manufacturer of the Year Awards | |||
| 1 | Indian Corporate of the Year Award | Reliance Industries Limited | Mumbai |
| 2 | Indian Manufacturer of The Year Award | Hyundai Motor India Limited | Irungattukottai |
| Future Ready Factory of the Year Awards | |||
| 3 | Future Ready Factory of the Year | FMCG Sector, Mega Large Business | Hindustan Unilever Limited | Pondicherry |
| 4 | Future Ready Factory of the Year | Metals Sector, Mega Large Business | Bharat Aluminium Company Limited | Korba |
| 5 | Future Ready Factory of the Year | Metals Sector, Mega Large Business | Hindalco Industries Limited – Mahan Aluminium | Mahan |
| 6 | Future Ready Factory of the Year | Metals Sector, Mega Large Business | Aditya Aluminium – A Unit of Hindalco Industries Limited | Sambalpur |
| 7 | Future Ready Factory of the Year | Process Sector, Mega Large Business | Bharat Petroleum Corporation Limited – Mumbai Refinery | Mumbai |
| 8 | Future Ready Factory of the Year | FMCG Sector, Large Business | Hindustan Unilever Limited | Dapada |
| 9 | Future Ready Factory of the Year | Pharma Sector, Large Business | Lupin Limited | Ankleshwar |
| 10 | Future Ready Factory of the Year | Engineering Sector, Medium Business | Honeywell Security & Fire | Gurgaon |
| 11 | Future Ready Factory of the Year | Engineering Sector, Medium Business | L&T Hydrocarbon Engineering Limited – MFF | Hazira |
| 12 | Future Ready Factory of the Year | FMCG Sector, Medium Business | Hindustan Coca-Cola Beverages Private Limited | Sanand |
| Smart Factory Awards | |||
| 13 | Smart Corporate Award | Reliance Industries Limited | Mumbai |
| 14 | Smart Factory Award | Hyundai Motor India Limited | Irungattukottai |
| 15 | Smart Factory Award – 1st Runner Up | Bharat Petroleum Corporation Limited – Mumbai Refinery | Mumbai |
| Gold Awards | |||
| 16 | Corporate Gold Award | KEC International Limited | |
| 17 | Gold Award | Automotive Sector, Mega Large Business | Royal Enfield – A Unit of Eicher Motors | Vallam Vadakal |
| 18 | Gold Award | Automotive Sector, Mega Large Business | Honda Motorcycle & Scooter India Private Limited | Tapukara, Alwar |
| 19 | Gold Award | Engineering Sector, Mega Large Business | Goodrich Aerospace Services Private Limited – Collins Aerospace | Bengaluru |
| 20 | Gold Award | Metals Sector, Mega Large Business | Vedanta Limited – Alumina Business | Lanjigarh |
| 21 | Gold Award | Process Sector, Mega Large Business | UPL Limited – Unit 3 | Ankleshwar |
| 22 | Gold Award | Engineering Sector, Large Business | Caterpillar India Private Limited | Hosur |
| 23 | Gold Award | FMCG Sector, Large Business | Hindustan Unilever Limited | Sumerpur |
| 24 | Gold Award | FMCG Sector, Large Business | Hindustan Coca-Cola Beverages Private Limited | Wada |
| 25 | Gold Award | FMCG Sector, Large Business | Nivea India Private Limited | Ahmedabad |
| 26 | Gold Award | FMCG Sector, Large Business | 3M India Limited | Ranjangaon |
| 27 | Gold Award | Pharma Sector, Large Business | Cadila Healthcare Limited | Baddi |
| 28 | Gold Award | Auto Ancillary Sector, Medium Business | JBM Auto Systems Private Limited | Chennai |
| 29 | Gold Award | FMCG Sector, Medium Business | Hindustan Unilever Limited | Barotiwala |
| 30 | Gold Award | FMCG Sector, Medium Business | Hindustan Coca – Cola Beverages Private Limited | Srikalahasthi |
| 31 | Gold Award | Engineering Sector, Medium Business | Karam Industries | Sitarganj |
| 32 | Gold Award | Engineering Sector, Emerging Business | Raychem RPG Private Limited | Halol |
| 33 | Gold Award | FMCG Sector, Emerging Business | Food Creations Private Limited | Bengaluru |
| Special Mention Award | |||
| 34 | Special Mention Award | Siemens Limited | Kalwa |
| MSME Award | |||
| 35 | Micro & Small Enterprises Manufacturing Award | Chaitanya Agrobiotec Private Limited | Malkapur |
Source: Businesswire
