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Building “Future Ready Factories” will be Crucial in this era of Intensifying Manufacturing Competitiveness


Date:2016-03-02


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The 13th edition of Frost & Sullivan’s India Manufacturing Excellence Awards launched to identify and recognize the “Indian Manufacturer of the Year”

Frost & Sullivan announced the launch of the 2016 edition India Manufacturing Excellence Awards (IMEA), the most comprehensive on-site assessment, benchmarking and recognition platform in the manufacturing sector. Through the IMEA platform, Frost & Sullivan has been accelerating the manufacturing competitiveness of the country through knowledge sharing, benchmarking and assisting adoption of best manufacturing practices. The increasing competitiveness in the manufacturing sector and the focus on manufacturing propelled by the ‘Make in India’ campaign reconfirms the need for a program like IMEA in the country.

The IMEA, with its rich legacy of 12 years, has been at the forefront of celebrating excellence and implementation of best practices in manufacturing units. Since its inception, this awards platform has supported participant companies in identifying opportunities for improvement toward enhancing business competitiveness. Further, this detailed assessment and the results thereof enable companies to ascertain actionable projects for implementation. A system needed now, more than ever before, due to the increased impetus for manufacturing in India to help transcend to the next level.

Nitin Kalothia, Director – Manufacturing & Process Consulting, Frost & Sullivan says, “The future of manufacturing lies with nations who would build capabilities to collaborate and compete at global levels. Choice of appropriate technology for the manufacturing philosophy aptly supported by strong innovation culture will be the key characteristics of future ready factories.

Frost & Sullivan identifies “Future Ready Factories”, in each industry sector that display best practices in manufacturing. The most coveted recognition – “The Indian Manufacturer of the Year” award goes to the company that has demonstrated excellence and leadership across the entire value chain.

The awards event to be held on December 9, 2016 at Hyatt Regency, Mumbai will be the platform for recognizing these companies and celebrating their stellar achievements. The IMEA banquet will see an elite roster including the crème-de-la-crème of the Indian manufacturing sector, industry experts and visionary leaders, and be a great networking opportunity.

The 2016 India Manufacturing Excellence Awards is supported by Media Partners – Automation Connect, Cargo Connect, Construction Business Today, eCargolog, Efficient Manufacturing, Logistics Reckoner, Manufacturing Today and Sustainability Next.

To know more about IMEA 2016 and its methodology, please log on tohttp://www.frost.com/imea

To participate in IMEA 2016, write to us at imea@frost.com with your full name, company name, designation, telephone number and e-mail address.

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.

Our “Growth Partnership” supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

· The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.

· The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

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?

Media Contacts:
Anita Chandhoke
Team Leader, Corporate Communications
Frost & Sullivan
C: +91 99161 33311
P: +91.80.6702 8020
E: achandhoke@frost.com

Abhra Mukherjee
Media & Communications Coordinator
Frost & Sullivan
P: +91.20.4077 8816
C: +91 9527620891
E: AbhraM@frost.com
http://www.frost.com