Frost & Sullivan’s Project Evaluation and Recognition Program 2017 Applauds Establishments with Revolutionary Success Stories across Industry Sectors

Business Wire IndiaFor the third consecutive year, Frost & Sullivan hosted the Project Evaluation and Recognition Program (PERP) lauding the front runners from across industry sectors. The 2017 edition of the awards was held on December 13thin Mumbai. This year 18 awards and 10 certificates of merit were presented to companies across sectors demonstrating operational excellence and implementing Best Practices. PERP is a unique platform designed with an objective to recognize projects undertaken by manufacturing and service enterprises in India to achieve business goals, create competitive businesses, enhance sustainability and facilitate change management in today's complex business environment.
 
Talking about the awards program and the participation this year, Gowtham Sivabalan, Associate Director, Manufacturing & Process Consulting Practice, Frost & Sullivan, said "Improvement projects in organizations are no longer about addressing inefficiencies, they are becoming the proving ground for innovative and novel methodologies that are employed for being future ready. With the evaluation benchmarks raised even higher this year, it is heartening to note a high number of projects have been shortlisted to the final round! Besides serving as a catalyst toward continual improvement by encouraging participants, cross pollination of ideas and shortening the learning curve are some of the benefits that organizations acknowledge of participating in the PERP."
 
PERP has been acknowledged as a national platform for an unbiased evaluation of projects along with the team's efforts that have contributed significantly toward enhancing business value across various functions in an organization. To know more about the Project Evaluation and Recognition Program or to participate in the 2018 edition, please write to Priya George (priyag@frost.com), Assistant Manager – South Asia, Corporate Communications with your full name, company name, title, telephone number and company e-mail address, or please log on to the event website for more details –  http://www.frost.com/perp
 
This year 52 companies were shortlisted in the awards program. These companies have embraced cutting-edge innovation and demonstrated transformational growth within their organization. The awards assessment besides incorporating inputs from Frost & Sullivan's industry experts also involved a jury selection process with a panel of industry experts and thought leaders. The awards program covered various categories like Supply Chain, Human Capital, Information Technology, Process Innovation, Customer Value, Operational Excellence, Safety, Environment and Cost.
 
The event was supported by our Gold Partner: Hyundai. Hyundai Motor India Limited (HMIL) is a wholly owned subsidiary of Hyundai Motor Company, South Korea and is the country's second largest car manufacturer.
 
 
The Recipients of Project Evaluation and Recognition Program 2017 are:
 
CategoryCompany NameLocationAward Title
Cost LeadershipCentre for Development of TelematicsBangaloreWinner – Cost Leadership Category, Service Sector
Customer Value LeadershipVestian Global Workplace Services Private LimitedBangaloreWinner – Customer Value Leadership Category, Service Sector
Environment LeadershipSKF India LimitedPuneWinner – Environment Leadership Category, Manufacturing Sector
Environment LeadershipICICI Bank LimitedMumbaiWinner – Environment Leadership Category, Service Sector
Information Technology LeadershipCanara HSBC Oriental Bank of Commerce Life Insurance Company LimitedGurgaonWinner – Information Technology Leadership Category, Service Sector
Operational Excellence LeadershipHSBC – Electronic Data Processing (India) Private LimitedHyderabadWinner – Operational Excellence Leadership Category, Service Sector
Process Innovation LeadershipHDFC Standard Life Insurance Company LimitedMumbaiWinner – Process Innovation Leadership Category, Service Sector
Process Innovation LeadershipCentre for Development of TelematicsBangaloreWinner – Process Innovation Leadership Category, Service Sector
Process Innovation LeadershipITC Limited – Foods DivisionBangaloreWinner – Process Innovation Leadership Category, Manufacturing Sector
Supply Chain LeadershipSchneider Electric India Private LimitedChennaiWinner – Supply Chain Leadership Category, Manufacturing Sector
Human Capital LeadershipSchneider Electric India Private LimitedChennaiWinner – Human Capital Leadership Category, Manufacturing Sector
Cost LeadershipSchneider Electric India Private LimitedChennaiWinner – Cost Leadership Category, Manufacturing Sector
Cost LeadershipJSW Steel Limited – Dolvi WorksRaigadFirst Runner Up – Cost Leadership Category, Manufacturing Sector
Environment LeadershipMahindra & Mahindra Limited – Tractor DivisionNagpurFirst Runner Up – Environment Leadership Category, Manufacturing Sector
Operational Excellence LeadershipCESC LimitedKolkataFirst Runner Up – Operational Excellence Leadership Category, Service Sector
Process Innovation LeadershipBharat Oman Refineries LimitedSagar, Madhya PradeshFirst Runner Up – Process Innovation Leadership Category, Manufacturing Sector
Process Innovation LeadershipTESCO BengaluruBangaloreFirst Runner Up – Process Innovation Leadership Category, Service Sector
Cost LeadershipITC Limited – Foods DivisionPuneSecond Runner Up – Cost Leadership Category, Manufacturing Sector
Cost LeadershipBharat Oman Refineries LimitedSagar, Madhya PradeshCertificate of Merit – Cost Leadership Category, Manufacturing Sector
Customer Value LeadershipBirla Sun Life Insurance Company LimitedMumbaiCertificate of Merit – Customer Value Leadership Category, Service Sector
Customer Value LeadershipLarsen & Toubro Limited – Rubber Processing Machinery LimitedKanchipuramCertificate of Merit – Customer Value Leadership Category, Manufacturing Sector
Environment LeadershipLarsen & Toubro Limited – Rubber Processing Machinery LimitedKanchipuramCertificate of Merit – Environment Leadership Category, Manufacturing Sector
Environment LeadershipDr. Reddy's Laboratories LimitedBollaram, HyderabadCertificate of Merit – Environment Leadership Category, Manufacturing Sector
Operational Excellence LeadershipDeutsche Bank AGMumbaiCertificate of Merit – Operational Excellence Leadership Category, Service Sector
Operational Excellence LeadershipIndus Towers LimitedGurgaonCertificate of Merit – Operational Excellence Leadership Category, Service Sector
Operational Excellence LeadershipIndus Towers LimitedGurgaonCertificate of Merit – Operational Excellence Leadership Category, Service Sector
Process Innovation LeadershipHSBC – Electronic Data Processing (India) Private LimitedHyderabadCertificate of Merit – Process Innovation Leadership Category, Service Sector
Process Innovation LeadershipApollo Hospital Enterprise LimitedHyderabadCertificate of Merit – Process Innovation Leadership Category, Service Sector


About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants. For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

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About HMIL
 
Hyundai Motor India Limited (HMIL) is the second largest car manufacturer and the number one car exporter since inception in India. It has nine car models across segments – EON, GRAND i10, ELITE i20, ACTIVE i20, XCENT, VERNA, ELANTRA, CRETA & TUCSON. HMIL's fully integrated state-of-the-art manufacturing plant near Chennai boasts advanced production, quality and testing capabilities. HMIL forms a critical part of HMC's global export hub, and exports to around 87 countries across Africa, Middle East, Latin America, Australia and Asia Pacific. 

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