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Business Gaurav SME Awards 2011

Dun & Bradstreet & Axis Bank present Business Gaurav SME Awards 2011

Small and Medium Enterprises (SMEs) have emerged as the backbone of the Indian economy. As a tribute to their achievements, Dun & Bradstreet and Axis Bank felicitated leading SMEs of India for their invaluable contribution to our economy.

Business Gaurav SME Awards 2011 showcased the achievements of successful micro, small and medium enterprises from 12 SME-oriented sectors across the country. These are:

  • Auto Components
  • Chemicals and Petrochemicals
  • Food and Agro Products
  • Hospitality
  • Metals and Metal Products
  • Logistics
  • Textiles (including readymade garments)
  • Pharmaceuticals
  • Engineering Goods (including machinery and instruments)
  • Plastic, Plastic Goods and Plastic Processing
  • Electronic Goods and Components
  • IT & ITES

Companies with annual total income/turnover of less than Rs 150 crores in FY11 were eligible for nomination under these awards.

For a company to be considered for the respective award category, mandatory financial details as mentioned in the questionnaire had to be mandatorily provided by the company. If short listed, the company had to provide required financial statements in support of its application for validation purposes.

A proprietary quantitative model developed by D&B was used to short list the award winners. The model was based primarily on computation of composite scores calculated by considering various financial and quantitative indicators. The final set of award winners was chosen by an independent jury based on a combination of quantitative scores and qualitative information.

The award winners were decided by a Jury comprising of industry experts and eminent professionals from relevant industry. The jury for the D&B-Axis Bank Business Gaurav SME Awards 2011 comprised of:

Sr No Name Designation & Organization
1. Mr R Bandyopadhyay, IAS (Retd.) Former Secretary, Ministry of Corporate Affairs, Government of India
2. Dr Ashok Desai Consultant Editor, Business World
3. Prof. P Udaya Shanker Director General Incharge, National Institute for Micro, Small and Medium Enterprises

The winners of the D&B-Axis Bank Business Gaurav SME Awards 2011 were felicitated in the presentation ceremony on November 11, 2011 at Mumbai. The companies which have emerged as winners are:

Sectors Company Name Category
Auto Components 1. Merind Automotive Private Limited Best Micro Enterprise
2. Luxite Industries Limited Best Small Enterprise
3. Autolite (India) Limited Best Medium Enterprise
 
Chemicals & Petrochemicals 1. KOP Research Centre Private Limited Best Micro Enterprise
2. Jayshree Aromatics Private Limited Best Small Enterprise
3. Kumar Organic Products Limited Best Medium Enterprise
 
Electronic Goods & Components 1. Shree Pacetronix Limited Best Micro Enterprise
2. Pyrotech Electronics Private Limited Best Small Enterprise
 
Engineering Goods 1. Unisteel Engineering Works Best Micro Enterprise
2. Rockwell Industries Limited Best Small Enterprise
3. Powerdeal Energy Systems India Private Limited Best Medium Enterprise
 
Food and Agro Products 1. Frespo Food Products Best Micro Enterprise
2. Imperial Malts Limited Best Small Enterprise
3. Sangrur Agro Limited Best Medium Enterprise
 
Hospitality 1. Ahuja Residency Private Limited Best Micro Enterprise
2. Ceebros Hotels Private Limited Best Small Enterprise
 
IT & ITeS 1. ArcGate Best Micro Enterprise
2. Future Focus Infotech Private Limited Best Small Enterprise
3. Softage Information Technology Limited Best Medium Enterprise
 
Logistics 1. Network Logistics Private Limited Best Micro Enterprise
2. Sequel Logistics Private Limited Best Small Enterprise
3. PSTS Logistics Private Limited Best Medium Enterprise
 
Metal & Metal Products 1. Akshar Exports Best Micro Enterprise
2. Deem Roll Tech Limited Best Small Enterprise
 
Pharmaceuticals 1. Vasa Pharmachem Private Limited Best Micro Enterprise
2. Gujarat Liqui Pharmacaps Private Limited Best Small Enterprise
3. Mega Fine Pharma Private Limited Best Medium Enterprise
 
Plastic, Plastic Goods and Plastic Processing 1. Kaveri Polymers Private Limited Best Micro Enterprise
2. Synthetic Packers Private Limited Best Small Enterprise
3. Emmbi Polyarns Limited Best Medium Enterprise
 
Textiles 1. Shri Bharat Worldwide Private Limited Best Micro Enterprise
2. Evolv Clothing Company Private Limited Best Small Enterprise
3. Neva Garments Limited Best Medium Enterprise

In addition to the above, Luxite Industries Limited was awarded the "Best SME" overall.

Dun & Bradstreet & Axis Bank present Business Gaurav SME Awards 2011 - Winners

Dun & Bradstreet and Axis Bank released the maiden edition of its publication "Leading SMEs of India 2011" at the D&B-Axis Bank Business Gaurav SME Awards 2011. The publication highlights the key achievements of the award winners of D&B-Axis Bank Business Gaurav SME Awards 2011. It also includes a brief overview and various developments associated with the 12 SME oriented sectors in which the enterprises were recognized. The 'Insights' section provides detailed findings related to the ownership pattern, financing options, funding preferences, challenges and perspective on government initiatives among others of the small and medium enterprises.