Latest News
- Jeep Compass Gets More Powerful 268.3bhp Turbo Petrol Engine – Check Out All The Details Here
- Raptee Energy Marks A New Era In EV With First Electric Motorcycle Launch
- Maserati GranCabrio Folgore Unveiled – Fun Without Fumes
- Hyundai Creta Alpha Edition Unveiled With Matte Black Finish
- Nexzu Mobility Spearheads ‘Creativity On Wheels’ Digital Design Challenge
- India Targets Hydrogen, Electric Vehicles For Eco-friendly Transit
- Mahindra Bolero Neo+ SUV Launched In India At Rs 11.39 Lakh: 9 Seats, Variant Details & Much More
- Renault Duster And Nissan Models To Feature Turbo-Petrol Engines: Hybrid In The Makes?
- VinFast Eyes Indian Market With Compact SUV & Crossover: Launch By 2025
- Who's At Fault? The Complex Liability Of Autonomous Vehicles
Hyundai Motor India Wins Frost & Sullivan's Manufacturer Of The Year Award
Hyundai Motor India has won the Manufacturer Of The Year Award at the 13th edition of the India Manufacturing Excellence Awards (IMEA) 2016.
Hyundai Motor India - Chennai has been crowned with the "Indian manufacturer of the year award" at the 13th iteration of the 'India Manufacturing Excellence Awards (IMEA) 2016' organised by Frost & Sullivan's.
The runner-up position went to Mahindra & Mahindra - Igatpuri. This year the Manufacturing Excellence awards were presented to 27 companies under three major categories.
The three important categories are Indian Manufacturer of the Year Award, Future Ready Factory of the Year Award and Gold Awards.
The Future Ready Factory of the Year Award in the automobile sector went to Toyota Kirloskar Motor, Bengaluru.
The Gold Award in the automotive sector (Mega Large Business) was won by Eicher Motors - Royal Enfield (Oragadam). Runner-up position in this category went to Tata Motors CVBU (Pune).
In the Medium Business category the Gold Award was won by Mahindra & Mahindra, Plant 2 of Nashik. Director, Manufacturing & Process Consulting Practice, Frost & Sullivan. Nitin Kalothia said, "Manufacturing is the key driver of economic prosperity and creates more wealth than any other industry."
He added, "The current challenges of low demand, increasing raw material, and labor cost require organisations to adopt advanced manufacturing practices to become efficient and remain competitive."
He further said, "Adoption of right technologies to take companies to next level of performance, efficiency, and quality will be crucial to sustenance."
Most Read: Mercedes-AMG C43 Launched In India; Priced At Rs 74.35 lakh