Piramal Glass ‘bags’ gold and silver at National Business Excellence Awards 2010

It was yet another “feather in their cap” for Piramal Glass who pursue excellence in all their endeavours when they were honoured with both a gold as well as a silver award at the National Business Excellence awards 2010, awarded by the National Chamber of Commerce of Sri Lanka (NCCSL).

This is the 7th consecutive award ceremony held by the National Chamber of Commerce of Sri Lanka, which demonstrates the Chambers commitment towards the development of local industry, by encouraging and rewarding the contributors to the economy through exemplary business practices.The continuous growth of the company during the past three years was recognised by them being presented with the Gold Award in the Chemical & Ceramic Sector, as well as the Silver Award in the Best Tech - Savvy Company sector.The awards were made by evaluating factors such as Business & Financial Performance, Global Reach, Technological Investment, Performance Management, Corporate Social Responsibility, Corporate Governance and other key drivers.

“Piramal Glass is a technology driven company. We have a team of highly skilled engineering staff who undergo continuous, in-house on the job training, as well as regular overseas training. The company continuously invests in purchasing and upgrading its machinery to keep up with international norms. All this emphasises the company’s ideology of striving to be a state of the art, cutting edge technology, said CEO and Managing Director of Piramal Glass, Sanjay Tiwari.

Tiwari went on to say that the Company’s management felt that these two awards were a testament to the bold and courageous step Piramal Glass took in 2006 by investing over Rs. 4 billion in a new, state of the art glass plant at Horana under the auspices of the “300 factory programme of Mahinda Chinthana“.

“This investment helped the Company to double its capacity, thus enabling it to successfully achieve its goal of selling its additional capacity in the international shores, thereby increasing export tonnage from 1,200 tons to 26,000 tons in just 3 years”.

During the year Piramal Glass achievements were also recognized with a Gold Award at the 18th National Chamber of Exporters Awards, as well as a Merit Award at the 9th CNCI Achiever Awards.

Piramal Glass Ceylon PLC (formally Ceylon Glass Company PLC) is a 55 year old company which had the opportunity of coming under the umbrella of the Piramal Group in 1999 [one of India’s largest conglomerates] . Piramal Glass has its wings spread over the length and breath of the international shores with 11 manufacturing plants in India, Sri Lanka and USA, as well as several marketing offices worldwide. This strategic alliance paved the way for the company to have a global presence as well as recognition. PGC manufactures glass containers in different shapes and colours for multiple industries such as food, liquor, pharmaceuticals, agro chemicals and soft drinks.

“Being the recipient of these prestigious awards, all made by independent institutions is an encouragement and motivator, whilst also being an indicator that the Company is on the correct path to achieving greater heights for all its stakeholders. In this new era in which Sri Lanka pursues its goal of being the ‘Wonder of Asia’ we are confident that we too would be part of the core team who would realise this dream for our mother land” said Tiwari. “Piramal Glass Ceylon will play its role in achieving this National objective by standing firm by its mission of fully serving the domestic market whilst increasing the business in the specialized liquor and beverage segment in the international markets, thus realizing its vision of being “The most preferred Speciality Glass Packaging solutions provider in Asia by meeting customer expectation through innovative designs and manufacturing”.

600450 Piramal Glass ‘bags’ gold and silver at National Business Excellence Awards 2010 glassonweb.com

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