SOURCE: Frost & Sullivan

April 29, 2011 08:28 ET

Powering Eco Sustainability, the Latest Mantra Amongst the Indian Manufacturing Fraternity

Outlook at Frost & Sullivan's Green Manufacturing Excellence Summit and Green Manufacturing Excellence Awards, 2011

MUMBAI, INDIA--(Marketwire - Apr 29, 2011) - India has been a hub for manufacturing outsourcing for over two decades now. Companies have focused on enhancing productivity and maintaining global standards, but there has been pressure on protecting the environment, while doing so, in the recent years. The Indian industrial landscape is slowly warming to the concept of 'Going Green'.

According to Raghavendra Rao, Senior Director, Manufacturing & Process Control Practice, Frost & Sullivan, South Asia & Middle East, "Green manufacturing practices have begun to gain ground in India, but even concepts like lean manufacturing contribute to environmental protection. They have helped companies reduce consumption of resources (raw material, energy, water, etc) and improve efficiencies in processes."

Frost & Sullivan's Manufacturing & Process Consulting Practice, in its support to 'Powering Eco Sustainability', has initiated the "Green Manufacturing Excellence Summit 2011" and 'Green Manufacturing Excellence Awards 2011'. The company held the Summit and Awards presentation banquet on April 29, 2011 at "The Orchid", Mumbai. Dr. Ajay Mathur, Director General - Bureau of Energy Efficiency, presided over the Awards function as the Chief Guest.

The Green Manufacturing Excellence Awards 2011, are assessment-based awards that recognize companies that have implemented the 'Green Philosophy'. Frost & Sullivan categorized them into leaders, challengers and aspirants based on their performance across stages of the assessment process. The "Certificate of Green Manufacturing Excellence" was presented to qualifying companies.

The highlight of the evening was a panel discussion on the "Adoption of Sustainable Manufacturing Practices - Challenges and the Path Ahead". The esteemed panelists noted the need for companies to adopt green practices and help build awareness amongst the manufacturing fraternity.

According to Dr. Ajay Mathur, Director General - Bureau of Energy Efficiency, "Green is the way ahead. Initial investments are, of course, higher. However, these are recouped in the medium term, and make the company competitive and sustainable in the long term. Green is of benefit to the company and to the nation".

Frost & Sullivan initiated the Green Manufacturing Excellence Summit 2011 to build awareness about green practices for manufacturing companies across India. Companies today are ready to adopt this initiative but do not know where to start. This summit aims to highlight case studies of companies that have adopted the green philosophy and managed to integrate it with their overall business goals.

Companies that presented at the summit were Schneider Electric India Pvt Ltd, on Planet & Society Barometer; Larsen & ToubroLimited, on Reporting Progress on Sustainable Manufacturing Practices - Key Indicators; Bharat Aluminium Company Limited, on Clean Development Mechanisms; DCM Shriram Industries Limited, on A Unique Approach to Waste & Water Management; Lucas Tvs, on Developing a Green Supply Chain; Titan Industries Limited, on Innovative Green Practices - "I Live Green" ; Mahindra & Mahindra Limited - Farm Division, presented on Reporting Progress on Sustainable Manufacturing Practices; and Aquamall WaterSolutions Limited, on Green Building Certification. Some of the key speakers at the summit were Dr. Satish Kumar, Energy Efficiency Ambassador, Schneider Electric India Pvt Limited; Mr. Alok C Sharma, Head, Corporate Sustainability, Larsen & Toubro Limited; and Dr.P.K.N. Raghavan; Associate Vice President (QA, R&D, and Technology), Bharat Aluminium Company Limited.

Key decision makers across sectors, such as automotive, auto ancillaries, engineering, cement, electrical and electronics, process, sugar, gems and jewellery, participated in the summit and the awards.

The media partners supporting the summit are Efficient Manufacturing, Electronics Bazaar, Search, The Machinist, Minerals and Metals Review, Times Journal of Construction and Design, Machinist360.com, and Constructionbiz360.com.

The Award Recipients of "Green Manufacturing Excellence Awards 2011" are:

Green Manufacturing Excellence Awards 2011
Company NameLocationCategory
Super Achievers
Larsen & Toubro LimitedPowai Campus, MumbaiOverall Leaders
Titan Industries Limited - Jewellery DivisionHosurOverall Leaders - 1st Runner Up
Leaders
JK Lakshmi Cement LimitedSirohiLeaders - Large Category
Challengers
Mahindra & Mahindra Limited - Farm DivisionNagpurChallengers - Large Category
Mahindra & Mahindra Limited - Farm DivisionRudrapurChallengers - Large Category
Mahindra & Mahindra Limited - Farm DivisionKandivliChallengers - Large Category
ACC Limited - Gagal Cement WorksBilaspurChallengers - Large Category
Schneider Electric India Pvt LimitedHyderabadChallengers - Medium Category
Aspirants
Lucas TVSPadiAspirants - Large Category
DCM Shriram Industries LimitedMeerutAspirants - Large Category
Aquamall Water Solutions LimitedDehradunAspirants - Medium Category
IP Rings LimitedMaraimalai NagarAspirants - Emerging Category
Green Certificate of Merit
Minda Corporation LimitedPant Nagar

About Frost & Sullivan
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Contact Information

  • Contact:
    Caroline Lewis
    Corporate Communications - South Asia
    P: +91.98217 37935
    F: +91.22.2832 4713
    E: caroline.lewis@frost.com

    Nimisha Iyer
    Corporate Communications - South Asia, Middle East and North Africa
    P: +91 98200 50519
    F: +91 22 2832 4713
    E: niyer@frost.com