 New
Delhi: The Institute of Economic Studies (IES) has
awarded Electronics Corporation of India Ltd (ECIL) with
an excellence award, and has conferred V H Ron, chairman
and managing director, ECIL Hyderabad, with the Udyog
Rattan Award.
Dr
Bishma Narain Singh, former governor of Tamil Nadu and
Assam, presented the award to Ron at a seminar held
in New Delhi. The award has been conferred on ECIL,
a pioneer of indigenous electronic revolution in India,
for excellence in productivity, quality, innovation
and management.
Ron
has been instrumental in regrouping the company into
a potential force in the public sector unit (PSU) segments.
Consistent initiatives over the last five years ensured
a turnaround and a steady growth for ECIL, making it
a model PSU. ECIL has achieved a turnover of Rs 1,010
crore in 2002-03, a growth rate of 48 per cent over
the previous year and a profit of Rs 164 crore, representing
an increase of over 90 per cent over last year.
 Recently,
ECIL had been chosen for the Award of Excellence and
Outstanding Contribution to Public Sector Management
by the Standing Conference of Public Sector Enterprises
(SCOPE), India''s apex body of PSUs, in the turnaround
category 2001-02.
IES
(www.iesindia.com)
was established in 1980 by a group of economists, parliamentarians
and industrialists who came together to study and discuss
problems concerning various aspects of the economy and
economic development of India and offer their expert
advice and services.
Over
the years the institute has been patronised and inspired
by the likes of Pranab Kumar Mukerjee, Khursheed Alam
Khan, N D Tiwari, A K Panja, V N Gadgil, Madhavsing
Solanki, Giani Zail Singh, Shankar Dayal Sharma, Kumudben
Joshi, M Arunachalam, P Shiv Shankar, Ram Vilas Paswan,
Ram Rao Adik, M Hidayatullah and Rabi Ray.
ECIL,
a pioneer of indigenous electronic revolution in India,
under the department of atomic energy was established
in 1967. ECIL, with a turnover of Rs 1,000 crore, is
renowned for its technological innovations and has a
strong research and development focus.
A
work force of over 5,000 is instrumental in ECIL products
and services catering to the requirements of defence,
atomic energy, and telecom industries. With unique initiatives
and dynamic leadership ECIL is contributing to the national
infrastructure building and consolidating its position
as a national asset.
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