ECIL bags award from IES; Ron bestowed Udyog Rattan Award

Our Corporate Bureau
10 June 2003

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.