Jet Airways and NTPC win BML Munjal Awards for excellence

09 January 2006

New Delhi: Jet Airways from the private sector and NTPC Ltd, from the public sector have been presented the inaugural 'BML Munjal awards for excellence in learning and development tools'. The BML Munjal awards recognise companies that are consistently using training and learning as a source of competitive advantage.

The BML Munjal award acknowledged NTPC and Jet for giving optimum importance to knowledge and training in an environment where people- resources have emerged as a vital differentiator in productivity, performance and competitiveness.

Naresh Goyal, chairman, Jet Airways, and G K Agarwal, executive director, personnel, NTPC Limited, received the awards from civil aviation minister Praful Patel, in New Delhi.

"The objective of these awards is to recognize the role played by learning, training and development in the corporate sectorm - something of vital importance and one which is rarely acknowledged," said Sunil K Munjal, MD, Hero Corporate Service Ltd.. "The awards are a validation of NTPC and Jet's efforts towards treating training and learning as investments, rather than expenses The Indian economy is going through exciting times. It is imperative for companies that aim to be globally competitive to have these vital initiatives so as meet exacting international standards."

The winners were chosen by an independent jury headed by Deepak Parekh of HDFC, and comprising Shobana Bhartia of Hindustan Times Group, Arun Maira of BCG Consulting, Ajay Sriram of SRF, Dr Vinayshil Gautam of IIT Delhi, Tarun Das, chief mentor, CII and Sunil Kant Munjal, chairman, Hero Corporate Service Ltd,

According to Brij Mohan Lall Munjal, chairman, Hero Corporate Service Ltd., said, "I appreciate the endeavor of Hero Mindmine Institute of conceptualising India's first award on training, learning and human resources development. Hero Mindmine Institute aims at introducing more categories to the awards in ensuing years."