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 13^thin 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:
 

Category	Company Name	Location	Award Title
Cost Leadership	Centre for Development of Telematics	Bangalore	Winner – Cost Leadership Category, Service Sector
Customer Value Leadership	Vestian Global Workplace Services Private Limited	Bangalore	Winner – Customer Value Leadership Category, Service Sector
Environment Leadership	SKF India Limited	Pune	Winner – Environment Leadership Category, Manufacturing Sector
Environment Leadership	ICICI Bank Limited	Mumbai	Winner – Environment Leadership Category, Service Sector
Information Technology Leadership	Canara HSBC Oriental Bank of Commerce Life Insurance Company Limited	Gurgaon	Winner – Information Technology Leadership Category, Service Sector
Operational Excellence Leadership	HSBC – Electronic Data Processing (India) Private Limited	Hyderabad	Winner – Operational Excellence Leadership Category, Service Sector
Process Innovation Leadership	HDFC Standard Life Insurance Company Limited	Mumbai	Winner – Process Innovation Leadership Category, Service Sector
Process Innovation Leadership	Centre for Development of Telematics	Bangalore	Winner – Process Innovation Leadership Category, Service Sector
Process Innovation Leadership	ITC Limited – Foods Division	Bangalore	Winner – Process Innovation Leadership Category, Manufacturing Sector
Supply Chain Leadership	Schneider Electric India Private Limited	Chennai	Winner – Supply Chain Leadership Category, Manufacturing Sector
Human Capital Leadership	Schneider Electric India Private Limited	Chennai	Winner – Human Capital Leadership Category, Manufacturing Sector
Cost Leadership	Schneider Electric India Private Limited	Chennai	Winner – Cost Leadership Category, Manufacturing Sector
Cost Leadership	JSW Steel Limited – Dolvi Works	Raigad	First Runner Up – Cost Leadership Category, Manufacturing Sector
Environment Leadership	Mahindra & Mahindra Limited – Tractor Division	Nagpur	First Runner Up – Environment Leadership Category, Manufacturing Sector
Operational Excellence Leadership	CESC Limited	Kolkata	First Runner Up – Operational Excellence Leadership Category, Service Sector
Process Innovation Leadership	Bharat Oman Refineries Limited	Sagar, Madhya Pradesh	First Runner Up – Process Innovation Leadership Category, Manufacturing Sector
Process Innovation Leadership	TESCO Bengaluru	Bangalore	First Runner Up – Process Innovation Leadership Category, Service Sector
Cost Leadership	ITC Limited – Foods Division	Pune	Second Runner Up – Cost Leadership Category, Manufacturing Sector
Cost Leadership	Bharat Oman Refineries Limited	Sagar, Madhya Pradesh	Certificate of Merit – Cost Leadership Category, Manufacturing Sector
Customer Value Leadership	Birla Sun Life Insurance Company Limited	Mumbai	Certificate of Merit – Customer Value Leadership Category, Service Sector
Customer Value Leadership	Larsen & Toubro Limited – Rubber Processing Machinery Limited	Kanchipuram	Certificate of Merit – Customer Value Leadership Category, Manufacturing Sector
Environment Leadership	Larsen & Toubro Limited – Rubber Processing Machinery Limited	Kanchipuram	Certificate of Merit – Environment Leadership Category, Manufacturing Sector
Environment Leadership	Dr. Reddy's Laboratories Limited	Bollaram, Hyderabad	Certificate of Merit – Environment Leadership Category, Manufacturing Sector
Operational Excellence Leadership	Deutsche Bank AG	Mumbai	Certificate of Merit – Operational Excellence Leadership Category, Service Sector
Operational Excellence Leadership	Indus Towers Limited	Gurgaon	Certificate of Merit – Operational Excellence Leadership Category, Service Sector
Operational Excellence Leadership	Indus Towers Limited	Gurgaon	Certificate of Merit – Operational Excellence Leadership Category, Service Sector
Process Innovation Leadership	HSBC – Electronic Data Processing (India) Private Limited	Hyderabad	Certificate of Merit – Process Innovation Leadership Category, Service Sector
Process Innovation Leadership	Apollo Hospital Enterprise Limited	Hyderabad	Certificate 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.