Connect with us
MARE BALTICUM Gaming & TECH Summit 2024

Fintech PR

Frost & Sullivan applauds Future-ready enterprises at the 2023 India Manufacturing Excellence Awards

Published

on

frost-&-sullivan-applauds-future-ready-enterprises-at-the-2023-india-manufacturing-excellence-awards

~At the 19th edition, 17 companies were honored with awards for their outstanding performance ~

~Nominations for the 20th edition of the awards are now open~

MUMBAI, India, Dec. 18, 2023 /PRNewswire/ — Frost & Sullivan recently wrapped up the 19th edition of the India Manufacturing Excellence Awards (IMEA) at Taj Bangalore, Bengaluru. 17 companies were celebrated for their achievements in optimizing operational excellence and demonstrating future readiness. The evaluation criteria included the utilization of digital manufacturing tools, optimization of the supply chain, and effective enhancement of manufacturing capabilities. A total of 22 awards were presented during the grand ceremony held on December 15, 2023.

This year’s awards were presented to companies across four major categories: Indian Manufacturer of the Year Award, Future-Ready Factory of the Year Award, Smart Factory of the Year Award, and Gold Award. Hindalco Industries Limited received the evening’s top honors—the Indian Manufacturer of the Year Award, while ABB India Limited – Smart Power Division walked away with the Smart Factory of the Year Award, the 1st Runner-Up of the Indian Manufacturer of The Year Award. Hindalco Industries Limited – Mahan Aluminium, Aditya Aluminium – Hindalco Industries Limited, Vedanta Limited, Royal Enfield – A Unit Of Eicher Motors Limited and Karam Safety Private Limited were awarded the Future Ready Factory of the Year. The newly introduced Consistency Awards were well-deservedly bestowed upon Hindalco Industries Limited – Mahan Aluminium and ABB India Limited – Smart Power Division.

Congratulating the award recipients, Rahul Sharma, VP & Global Head, Digital Transformation & Sustainability, Frost & Sullivan, said, “We extend our heartiest congratulations to all the winners for their commendable achievements in optimizing their manufacturing operations. These awards signify the sustained excellence and commitment demonstrated by these companies in their respective fields. Looking back, the event underscored the ongoing shift in manufacturing practices towards greater efficiency, sustainability, and resilience. The industry leaders serve as a source of inspiration for the future of manufacturing excellence.”

Deepak NG, Managing Director, Dassault Systemes India, said, “Digital technologies are shaping the new face of manufacturing and are dramatically improving human-machine efficiency. Companies that will effectively implement virtual twins will have a competitive advantage in terms of price points and time to market. India Manufacturing Excellence Awards (IMEA) constituted by Frost & Sullivan is based on the same premise and belief, with a proprietary assessment methodology perfected over 1000+ manufacturing sites. For manufacturing leaders, now is the time to take a step forward and accelerate toward digital maturity, sustainability, and improved business performance.”

IMEA is the country’s earliest and most respected assessment-based manufacturing award. With a proprietary assessment methodology, this program is an ideal platform to drive your operational excellence journey. Over the past 19 years, Frost & Sullivan has assisted automotive, industrial engineering, FMCG, pharmaceutical, healthcare, and metals-based organizations to advance their manufacturing capabilities, extend supply chains, and optimize production systems.

The event was supported by Dassault Systemes as Technology Partner, CNBC TV18 as Television Media Partner, and Manufacturing Today, MOTORINDIA and EV Tech News as Media Partners and Bizvin as Outreach Partner.

To know more about the awards and the methodology, please visit: https://frost.ly/822
To schedule an interaction with our spokespersons, please email Aishwarya Nair at [email protected] 

Recipients of the India Manufacturing Excellence Awards 2023

S. No.

Company Name

Award Title

Indian Manufacturer of The Year Award

1

Hindalco Industries Limited – Mumbai

Indian Manufacturer of the Year – Corporate Award

2

ABB India Limited – Smart Power Division

Indian Manufacturer of The Year Award – 1st Runner up

Future Ready Factory of the Year Award

3

Hindalco Industries Limited – Mahan Aluminium

Future Ready Factory of the Year | Metals Sector,
Mega Large Business

4

Aditya Aluminium – Hindalco Industries Limited

Future Ready Factory of the Year | Metals Sector,
Mega Large Business

5

Hindalco Industries Limited – Renukoot

Future Ready Factory of the Year | Metals Sector,
Mega Large Business

6

Vedanta Limited

Future Ready Factory of the Year | Metals Sector,
Mega Large Business

7

Royal Enfield – A Unit Of Eicher Motors Limited

Future Ready Factory of the Year | Automotive Sector,
Mega Large Business

8

Karam Safety Private Limited

Future Ready Factory of the Year | Engineering Sector,
Medium Business

Smart Factory of the Year Award

9

ABB India Limited – Smart Power Division

Smart Factory of the Year

Gold Awards

10

Utkal Alumina International Limited

Gold Award | Metals Sector, Mega Large Business

11

Hindalco Industries Limited

Gold Award – Runner Up | Metals Sector, Mega Large
Business

12

Tata Motors Limited – Commercial Vehicles

Gold Award | Automotive Sector, Mega Large Business

13

Hindalco Industries Limited – Belagavi Works

Gold Award | Metals Sector, Large Business

14

Cipla Limited, Unit – 2

Gold Award | Pharma Sector, Large Business

15

Cavinkare Private Limited

Gold Award | FMCG Sector, Large Business

16

Microlabs Limited

Gold Award | Pharma Sector, Medium Business

17

Zydus Lifesciences Limited

Gold Award – Runner up| Pharma Sector, Medium
Business

18

Kansai Nerolac Paints Limited

Gold Award | Process Sector, Medium Business

19

PN International Private Limited

Gold Award |Engineering Sector, Medium Business

Corporate Gold Award

20

Karam Group

Corporate Gold Award

Consistency Award

21

Hindalco Industries Limited – Mahan Aluminium

Consistency Challenger Award

22

ABB India Limited – Smart Power Division

Consistency Aspirer Award

About Frost & Sullivan
For over six decades, Frost & Sullivan has helped build sustainable growth strategies for Fortune 1000 companies, governments, and investors. We apply actionable insights to navigate economic changes, identify disruptive technologies, and formulate new business models to create a stream of innovative growth opportunities that drive future success.

Media Contacts: – 
Aishwarya Nair, South Asia Corporate Communications
[email protected]
Nimisha Iyer, Director – Marketing Communications, MEASA
[email protected]  

Social Media: –
Twitter: @Frost_Sullivan & @FrostSullivanIN (Event Hashtag: #IMEAAwards2023)
LinkedIn: (17) Frost & Sullivan India: My Company | LinkedIn

Logo – https://mma.prnewswire.com/media/2303164/Frost___Sullivan_Logo.jpg  

Cision View original content:https://www.prnewswire.co.uk/news-releases/frost–sullivan-applauds-future-ready-enterprises-at-the-2023-india-manufacturing-excellence-awards-302017807.html

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Fintech PR

Invitation to presentation of EQT AB’s Q1 Announcement 2024

Published

on

invitation-to-presentation-of-eqt-ab’s-q1-announcement-2024

STOCKHOLM, April 5, 2024 /PRNewswire/ — EQT AB’s Q1 Announcement 2024 will be published on Thursday 18 April 2024 at approximately 07:30 CEST. EQT will host a conference call at 08:30 CEST to present the report, followed by a Q&A session.

The presentation and a video link for the webcast will be available here from the time of the publication of the Q1 Announcement.

To participate by phone and ask questions during the Q&A, please register here in advance. Upon registration, you will receive your personal dial-in details.

The webcast can be followed live here and a recording will be available afterwards.

Information on EQT AB’s financial reporting

The EQT AB Group has a long-term business model founded on a promise to its fund investors to invest capital, drive value creation and create consistent attractive returns over a 5 to 10-year horizon. The Group’s financial model is primarily affected by the size of its fee-generating assets under management, the performance of the EQT funds and its ability to recruit and retain top talent.

The Group operates in a market driven by long-term trends and thus believes quarterly financial statements are less relevant for investors. However, in order to provide the market with relevant and suitable information about the Group’s development, EQT publishes quarterly announcements with key operating numbers that are relevant for the business performance (taking Nasdaq’s guidance note for preparing interim management statements into consideration). In addition, a half-year report and a year-end report including financial statements and further information relevant for investors is published. Finally, EQT also publishes an annual report including sustainability reporting.

Contact
Olof Svensson, Head of Shareholder Relations, +46 72 989 09 15
EQT Shareholder Relations, [email protected]

Rickard Buch, Head of Corporate Communications, +46 72 989 09 11
EQT Press Office, [email protected], +46 8 506 55 334

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/eqt/r/invitation-to-presentation-of-eqt-ab-s-q1-announcement-2024,c3956826

The following files are available for download:

https://mb.cision.com/Main/87/3956826/2712771.pdf

Invitation to presentation of EQT AB’s Q1 Announcement 2024

https://news.cision.com/eqt/i/eqt-ab-group,c3285895

EQT AB Group

 

View original content:https://www.prnewswire.co.uk/news-releases/invitation-to-presentation-of-eqt-abs-q1-announcement-2024-302109147.html

Continue Reading

Fintech PR

Kia presents roadmap to lead global electrification era through EVs, HEVs and PBVs

Published

on

kia-presents-roadmap-to-lead-global-electrification-era-through-evs,-hevs-and-pbvs
  • Kia drives forward transformation into ‘Sustainable Mobility Solutions Provider’
  • Roadmap enables Kia to proactively respond to uncertainties in mobility industry landscape, including changes in EV market
  • Company to expand EV line-up with more models; enhance HEV line-up to manage fluctuation in EV demand
    • Goal to sell 1.6 million EVs annually in 2030, introducing 15 models
    • PBV to play a key role in Kia’s growth, targeting 250,000 PBV sales annually by 2030 with PV5 and PV7 models
  • Kia to invest KRW 38 trillion by 2028, including KRW 15 trillion for future business
  • 2024 business guidance : KRW 101 tln in revenue with KRW 12 tln in operating profit; operating profit margin of 11.9% on sales of 3.2 million units globally
  • CEO reaffirms Kia’s commitment to ESG management

SEOUL, South Korea, April 5, 2024 /PRNewswire/ — Kia Corporation (Kia) today shared an update on its future strategies and financial targets at its CEO Investor Day in Seoul, Korea.

Based on its innovative achievements in the years since the announcement of mid-to-long-term business initiatives, Kia is focusing on updating its 2030 strategy announced last year and further strengthening its business strategy in response to uncertainties across the global mobility industry landscape.

During the event, Kia updated its mid-to-long-term business strategy with a focus on electrification, and its PBV business. Kia reiterated its 2030 annual sales target of 4.3 million units, including 1.6 million units of electric vehicles (EVs). The 2030 4.3 million annual sales target is 34.4 percent higher than the brand’s 2024 annual goal of 3.2 million units.

The company also plans to become a leading EV brand by selling a higher percentage of electrified models among its total sales, including hybrid electric vehicles (HEV), plug-in hybrid (PHEV), and battery EVs, projecting electrified model sales of 2.48 million units annually or 58 percent of Kia’s total sales in 2030.

“Following our successful brand relaunch in 2021, Kia is enhancing its global business strategy to further the establishment of an innovative EV line-up and accelerate the company’s transition to a sustainable mobility solutions provider,” said Ho Sung Song, President and CEO of Kia. “By responding effectively to changes in the mobility market and efficiently implementing mid-to-long-term strategies, Kia is strengthening its brand commitment to the wellbeing of customers, communities, the global society, and the environment.”

Photo – https://mma.prnewswire.com/media/2380039/Photo_1__2024_CEO_Investor_Day.jpg
PDF – https://mma.prnewswire.com/media/2380040/Press_Release__2024_Kia_CEO_Investor_Day_240405.pdf

Cision View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/kia-presents-roadmap-to-lead-global-electrification-era-through-evs-hevs-and-pbvs-302109142.html

Continue Reading

Fintech PR

BioVaxys Technology Corp. Provides Bi-Weekly MCTO Status Update

Published

on

biovaxys-technology-corp.-provides-bi-weekly-mcto-status-update

VANCOUVER, BC, April 4, 2024 /PRNewswire/ — BioVaxys Technology Corp. (CSE: BIOV) (FRA: 5LB) (OTCQB: BVAXF) (the “Company“) is providing this bi-weekly update on the status of the management cease trade order granted on February 29, 2024 (the “MCTO“), by its principal regulator, the Ontario Securities Commission (the “OSC“), under National Policy 12-203 – Management Cease Trade Orders (“NP 12-203“), following the Company’s announcement on February 21, 2024 (the “Default Announcement“), that it was unable to file its audited annual financial statements for the year ended October 31, 2023, its management’s discussion and analysis of financial statements for the year ended October 31, 2023, its annual information form for the year ended October 31, 2023, and related filings (collectively, the “Required Annual Filings“). Under National Instrument 51-102, the Required Annual Filings were required to be made no later than February 28, 2024.

As a result of the delay in filing the Required Annual Filings, the Company was unable to file its interim financial statements for the three months ended January 31, 2024, its management’s discussion and analysis of financial statements for the three months ended January 31, 2024, and related filings (collectively, the “Required Interim Filings“). Under National Instrument 51-102, the Required Interim Filings were required to be made no later than April 1, 2024.

The Company anticipates filing the Required Annual Filings by April 30, 2024. The auditor of the Company requires additional time to complete its audit of the Company, including the Company’s recent acquisition of all intellectual property, immunotherapeutics platform technologies, and clinical stage assets of the former IMV Inc. that closed on February 16, 2024. In addition, the Company anticipates filing the Required Interim Filings immediately after the filing of the Required Annual Filings.

Except as herein disclosed, there are no material changes to the information contained in the Default Announcement. In addition, (i) the Company is satisfying and confirms that it intends to continue to satisfy the provisions of the alternative information guidelines under NP 12-203 and issue bi-weekly default status reports for so long as the delay in filing the Required Annual Filings and/or Required Interim Filings is continuing, each of which will be issued in the form of a press release; (ii) the Company does not have any information at this time regarding any anticipated specified default subsequent to the default in filing the Required Annual Filings and Required Interim Filings; (iii) the Company is not subject to any insolvency proceedings; and (iv) there is no material information concerning the affairs of the Company that has not been generally disclosed.

About BioVaxys Technology Corp.

BioVaxys Technology Corp. (www.biovaxys.com), a biopharmaceuticals company registered in British Columbia, Canada, is a clinical-stage biopharmaceutical company dedicated to improving patient lives with novel immunotherapies based on the DPX™ immune-educating technology platform and it’s HapTenix© ‘neoantigen’ tumor cell construct platform, for treating cancers, infectious disease, antigen desensitization, and other immunological fields. The Company’s clinical stage pipeline includes maveropepimut-S which is in Phase II clinical development for advanced Relapsed-Refractory Diffuse Large B Cell Lymphoma (DLBCL) and platinum resistant ovarian cancer, and BVX-0918, a personalized immunotherapeutic vaccine using it proprietary HapTenix© ‘neoantigen’ tumor cell construct platform which is soon to enter Phase I in Spain for treating refractive late-stage ovarian cancer. The Company is also capitalizing on its tumor immunology know-how and creation of a unique library of T-lymphocytes & other datasets post-vaccination with its personalized immunotherapeutic vaccines to utilize predictive algorithms and other technologies to identify new targetable tumor antigens. BioVaxys common shares are listed on the CSE under the stock symbol “BIOV” and trade on the Frankfurt Bourse (FRA: 5LB) and in the US (OTCQB: BVAXF). For more information, visit www.biovaxys.com and connect with us on X and LinkedIn.

ON BEHALF OF THE BOARD

Signed “James Passin
James Passin, Chief Executive Officer
Phone: +1 646 452 7054

Logo – https://mma.prnewswire.com/media/1430981/BIOVAXYS_Logo.jpg

Cision View original content:https://www.prnewswire.co.uk/news-releases/biovaxys-technology-corp-provides-bi-weekly-mcto-status-update-302108920.html

Continue Reading
Advertisement
Advertisement

Latest news

Trending