Acknowledging unflinching performance in the Indian electronics industry

- Advertisement -

keyyyyyyMonday, August 11, 2014: Frost & Sullivan hosted its 3rd Annual India Electronics & Appliances Industry Awards 2014 on August 6, 2014 at The Imperial in New Delhi. The awards recognize and celebrate companies that create hallmarks of excellence in this high-growth, innovation-driven industry. It not only brings recognition, but also creates a platform to share best practices and inspirational stories within the Indian electronics industry. Mr. Sam Pitroda, Chairman, National Innovation Council addressed the gathering through Skype from the US on topics of innovation and excellence in the Indian electronics industry. During his speech, he laid particular emphasis on the need to build solid hardware manufacturing competencies in the country, which would subsequently seed indigenous hardware innovation. He also emphasized that these present times are opportune for India to assert itself on the global electronics stage so that the country may become an industry leader in future.

Industry experts like Mr. Sanjay Nayak, Co-founder and CEO of Tejas Networks, Bangalore and Mr. Sanjiv Narayan, Managing Director, SGS Tekniks Manufacturing Pvt. Ltd. shared their insights on the need for greater innovation and value addition in the electronics industry within the country.

The Indian electronics industry, one of the fastest growing ones in the country, is likely to reach US $400 billion in the coming decade. Globally renowned for its consumption potential, with changing landscapes in electronics design, manufacturing capabilities, and cost structures, India is attracting global companies to build local capabilities. Companies are focused not just to serve the resident market but also to cater to global ones.

- Advertisement -

Niju V, Director, Automation and Electronics, Frost & Sullivan, said, “We, at Frost & Sullivan, deeply understand industry trends and competitive factors in the Indian electronics and appliances industry. Through our work done on identifying the industry’s development and innovation needs, we have been able to highlight excellence and leadership amongst companies. To celebrate the excellence and recognize best practices in Indian electronics industry, Frost & Sullivan has created a befitting platform.” He further added, “Our Annual Electronics Industry Awards is a premier event that honors best-in-class companies. These companies would have created the biggest impact and contributed to electronics industry through their business strategies, customer focus, and innovations.”

Frost & Sullivan instituted these Awards in its bid to identify and recognize companies in the areas of Consumer Electronics, Consumer Durables, Home Audio and Video Appliances, Kitchen Appliances, Electronics Security, Auto Identification and Data Capture Technology, and Payment Terminals / Point of Sale Systems. The assessments brought forth latest trends in all these sectors with the common theme being focus on innovation and customer centric business models to achieve higher growth. These Awards symbolize a recipient’s commitment, dedication, and endeavor to focus on meeting customers’ needs and to take customer satisfaction to an optimum level in the industry. The awards were further divided into Jury based awards and Voice of Customer awards.

The Voice of Customer Award recipients were finalized based on the findings from in-depth customer research surveys. The Jury-based Award contenders were judged based on a variety of parameters like Total Customer Experience, Product Innovation, Technological Excellence, Design, Product / Service Value, Market Strategy, etc. Results were collated after conducting detailed research and assessment on market performance of companies, including in-depth primary interviews of various industry participants and secondary research conducted by Frost & Sullivan analysts. An elite and independent panel of judges comprising some of the most prominent names from the electronics industry deliberated in the findings of the analyst teams and finalized the winners.

The esteemed Jury for the Awards this year included the following eminent personalities:

• Dr. MJ Zarabi: Chairman of Masamb Electronics Systems and

Member of DeitY’s Empowered Committee on Semiconductor Fabs

• Mr. Rajoo Goel: Secretary General, ELCINA

• Dr. RC Chopra: Senior Advisor, CII

• Mr. SK Marwaha: Director, DeitY

• Mr. Sanjeev Keskar: MD, PMC Sierra and Ex-Chairman, IESA

• Mr. Sanjiv Narayan: MD, SGS Tekniks

• Mr. Vinod Sharma: MD, Deki Electronics and Chairman, ESC

The recipients for Frost & Sullivan 3rd Annual India Electronics & Appliances Industry Awards 2014 are:

Award Title Award Recipient
Growth Excellence Leadership | Indian Automatic
Identification and Data Capture market
4G Identity Solutions Pvt. Ltd.
Product Leadership Award | Indian Induction Cooktops
market
Bajaj Electricals Ltd.
Voice of Customer Award – Best Brand – Microwave Ovens
(Grill)
New Product Innovation Leadership | Indian Video
Surveillance market
Bosch Security Systems, Bosch Limited
Customer Value Leadership | Indian Camera market Canon India Pvt. Ltd.
Voice of Customer Award – Best Brand – Point & Shoot
Cameras
New Product Innovation Leadership | Indian Automatic
Identification and Data Capture market
Evolute Systems Pvt. Ltd.
Voice of Customer Award – Best Brand – Direct Cool
Refrigerators
Godrej & Boyce Manufacturing Company
Limited – Appliances Division
Economic Development Innovationr Godrej & Boyce Manufacturing Company
Limited
Competitive Strategy Innovation & Leadership | Indian
Consumer Electronics market
Haier Appliances India Pvt. Ltd.
Product Leadership Award for | Indian Air Conditioners
market
Hitachi Home and Life Solutions India Ltd. 
Voice of Customer Award – Best Brand – Split Air
Conditioners
Economic Development Innovation Innovative Telecom and Softwares Pvt. Ltd.
Growth Excellence Leadership | Indian Consumer
Electronics market
LG Electronics India Ltd.
Voice of Customer Award – Best Brand – Fully Automatic
Washing Machines
Voice of Customer Award – Best Brand – Microwave Ovens
(Convection)
Early Stage Investment Opportunity | Indian PoS Payment
Solutions market
MRL Posnet Pvt. Ltd.
Voice of Customer Award – Best Brand – Automatic Cookers Panasonic Appliances India Company Ltd.
Growth Excellence Leadership | Indian Kitchen and SmallAppliances market Philips India Ltd. 
Voice of Customer Award – Best Brand – Food Processors
Product Leadership Award | Indian Home Theatres market Woox Innovations
Voice of Customer Award – Best Brand – Home Theatres
Product Leadership Award | Indian FPD TVs market Samsung India Electronics Pvt. Ltd.    
Voice of Customer Award – Best Brand – Frost FreeRefrigerators
Voice of Customer Award – Best Brand – LED TVs
New Product Innovation Leadership | Indian Air
Conditioners market
Ingersoll-Rand India Ltd.
Company of the Year | Indian Kitchen and Small Appliances
market
TTK Prestige Ltd.
Voice of Customer Award – Best Brand – Semi Automatic
Washing Machines
Whirlpool of India Ltd.

- Advertisement -

Related Artcles

Buzz

CloudBees

CloudBees Appoints New CEO

0
CloudBees, a software delivery platform for businesses recently announced the appointment of Anuj Kapur as the President and Chief Executive Officer. Before he was...
Legado

Legado Acquires B2B Tech From WonderBill

0
Legado, an open document and data platform specialist, recently announced the acquisition of consumer and B2B bill management technology from WonderBill. Established in 2016,...
AstroPay

AstroPay Appoints New CFO

0
AstroPay, a global payment solutions provider recently announced the appointment of Fayyaz Ansari as the Chief Financial Officer. He has worked for over two...

Exclusive

“Inquisitiveness To Explore Makes A Big Difference…”

0
There are many who aspire to hold prestigious positions at big corporate houses, but very few are willing to work hard enough for it....
Japanese, InnovationLab

InnovationLab Unveils Additive PCB Production

0
InnovationLab, a printed electronics company, “from lab to fab,” recently claimed that it has achieved a breakthrough in additive manufacturing of PCBs, which in...

EV Sales Leap More Than 200%YoY in July

0
Reaching 79,720 units, the total EV sales in July 2022 increased 8.8% MoM and more than 200% YoY. Major EV registrations for the month were...

Important Sectors

Legado

Legado Acquires B2B Tech From WonderBill

0
Legado, an open document and data platform specialist, recently announced the acquisition of consumer and B2B bill management technology from WonderBill. Established in 2016,...
Moon

Hyundai and Kia Partner For Moon Exploration

0
Hyundai and Kia recently announced a joint venture and signed a research agreement with six Korean research institutes to form a consultative body that...
Sceye Rises to Stratosphere WIth HAPS

Sceye Rises to Stratosphere WIth HAPS

0
Sceye, a High-Altitude Platform Stations (HAPS) manufacturer, recently announced that it successfully reached the stratosphere on June 14, 2022, where the main aim was...
Intel, Digital India, CPU

Intel’s CPU Delay Throws Off TSMC’s Plans

0
A market research firm out of Taiwan TrendForce recently enunciated on the chip market and supply chain, on August 5 Intel postponed the Meteor...
Reality AI, Renesas, RTOS

RTOS Compatible MPUs by Renesas

0
Renesas Electronics recently unveiled the RZ/A3UL group of microprocessors (MPU) that claims to enable a high-definition human-machine interface (HMI) and quick start-up for applications...

Manufacturing

Polymatech Will Invest USD 1 Billion On Expansion

0
Polymatech semiconductor manufacturing and packing facility is expected to produce 250 million chips per year with an investment of USD 1 Billion. The company will...

Third-largest by 2026: Indian Auto Sector

0
Going by the latest report of Invest India, the automotive sector will reach the mark of $300 billion by 2026. It will make India...

Flex Sees Growth With Smart Cities Mission

0
Flex CEO Revathi Advaithi, who started with the benign manufacturing field and now sits at the helm of this multinational company, considers the growing...

RISC-V Global Summit From December 12th to 15th, 2022

0
RISC-V International has the dates for its 2022 Global Summit North America. The event is a full in-person schedule at San Jose, California. Attendee...

World’s First 3nm Chips by Samsung

0
The 3-nanometer (nm) manufacturing node using the Gate-All-Around (GAA) transistor architecture by Samsung Electronics has begun. This production, when matched to its 5nm process, consumes...