Honourable Prime Minister of India, Shri Narendra Modi presented the award at the inauguration of “Make In India” week
New Delhi, February 14, 2016: Marking a momentous achievement, and testimony to its persistent endeavors towards establishing an innovation-led sustainable future, Hero MotoCorp Ltd., the world’s largest two-wheeler manufacture, received the coveted ‘Manufacturing Innovator of the Year’ award at the inaugural TIME India Awards.
Honorable Prime Minister of India, Shri Narendra Modi presented the award to Mr. Pawan Munjal, Chairman, Managing Director and Chief Executive Officer, Hero MotoCorp at a glittering ceremony in Mumbai, which kicked off the ‘Make in India Week’. HMCL won the ‘Manufacturing Innovator of the Year’ award for carving out a distinctive niche in building sustainable platforms for future growth.
Commenting on the occasion, Mr. Pawan Munjal, said, “Hero is already a global leader in developing energy-efficient mobility solutions. Be it through our Garden factory in Neemrana or the most fuel-efficient i3S technology, we have set global benchmarks in promoting environment-friendly manufacturing. The prestigious award is reflective of our commitment towards encouraging energy conservation with innovative and sustainable technologies across our products. With our robust R&D ecosystem, we will continue to innovate for our customers across the globe.”
HMCL was chosen as the winner from among 3000 manufacturing companies after a rigorous evaluation process.
The illustrious jury panel comprised of globally renowned personalities such as Mr. John Rice, Vice Chairman, General Electric; Mr. Carlos Ghosn, Chief Executive Officer, Nissan Renault, Mr. Kevin Sneader, McKinsey & Co. Chairman (Asia), Mr. Rana Foroohar, Assistant Managing Editor, TIME Magazine; Mr. N.R. Narayana Murthy, Chairman Emeritus, Infosys and Ms. Chanda Kochhar, Managing Director and Chief Executive Officer, ICICI Bank. Mr. Norman Pearlstine, Chief Content Officer of TIME Inc. was the chair of the jury.