CEAT Kelani wins National Business Excellence Award
CEAT Kelani Holdings has won its second consecutive National Business
Excellence Award for excellent performance and contribution to the
economic growth of the country.
CEAT Kelani Holdings Managing Director and CEO, N C
Venugopal (right) receives the award |
An indo-Sri Lanka joint venture between Kelani Tyres PLC of Sri Lanka
and CEAT Ltd., of the RPG Group of India, CEAT Kelani was the winner in
the 'Manufacturing - Large Scale' (Others) category at the 2011 edition
of this annual awards presentation of the National Chamber of Commerce
of Sri Lanka (NCCSL).
This is the third high-profile award won by the company for business
performance and quality standards in 2011.
"It is most encouraging for CEAT Kelani to be once again recognised
as a corporate entity that has made a substantial contribution to the
national economy," the company's Managing Director and CEO, N C
Venugopal said. "Passion for consistent improvement in all aspects has
been, and will continue to be, one of the key defining characteristics
of CEAT Kelani Holdings," he said.
CEAT Kelani's spectacular business and financial performance in FY
2010-11 was a key factor in winning this accolade, the company said.
CEAT Kelani reported sales of Rs 8.4 billion with domestic sales
contributing Rs 6.4 billion and a growth of 57 percent in sales value
and 37 percent in sales volume, in the last financial year. |