Here's looking at the companies which have excelled in manufacturing, quality and productivity, technology, exports and HR in 2014-15.
16 Sep 2015 | 5219 Views | By Autocar Professional Bureau
One of the highlights of ACMA’s annual convention is the giving away of awards to industry, across small and large-sized companies. This year was no different and a good number of suppliers were hailed as the deserving winners for achieving excellence in manufacturing, quality and productivity, technology, exports and – ...
This is an Autocar Pro Plus article. Subscribe to continue reading.
One of the highlights of ACMA’s annual convention is the giving away of awards to industry, across small and large-sized companies. This year was no different and a good number of suppliers were hailed as the deserving winners for achieving excellence in manufacturing, quality and productivity, technology, exports and – for the first time – human resources.
The winning companies were eminently suited for this year’s session, what with the overall theme of the convention being ‘Make in India: How the Auto Components Industry Can Make it Happen’. What makes them noteworthy is they form a small portion of the large number of ACMA member companies manufacturing a varied range of components, ranging from ball bearings through to crankshafts, forged components and complex plastic parts. Identifying these achievers is a tough task, as the jury has to sift through scores of entries and then validate their achievements. Anant Geete, Union minister for Heavy Industries & Public Enterprises, government
of India, gave away the awards.
In his opening address, Ramesh Suri, president, ACMA said, “The automotive and auto component industry accounts for around 40 percent of Indian manufacturing. It is therefore not surprising that the ‘Make in India’ campaign, which is a blueprint to develop the country’s manufacturing, resonates well with ACMA’s roadmap of a vibrant auto component manufacturing global hub in India. The performance of the Indian auto component sector, despite the challenges, has been quite satisfactory. The recent growth in auto component exports at 11.4 percent is a clear indication of the growing credibility of India-made components in the global auto supply chain. ACMA has been instrumental in supporting its members in discovering and harnessing new opportunities worldwide besides engaging with the government to create a favourable business environment.”
With India fast turning into a growth engine for manufacturing operations, component suppliers will now have to keep innovating to drive new gains even as they focus on improving quality standards.