SKF India wins corporate award
SKF India has won the Dun & Bradstreet ? Rolta Corporate Awards 2010 for its significant contribution to the bearing sector. The awards felicitated 54 of India's leading corporate names across sectors. Shishir Joshipura, Managing Director, SKF India received the award at the award ceremony conducted in Mumbai recently. On the occasion D&B's India's Top 500 Companies 2010 was released by Dr R C Sinha, IAS (Retd), Former Additional Chief Secretary, Government of Maharashtra. "The Dun & Bradstreet ? Rolta Corporate Award is widely respected across the industry and we are delighted to receive this honour for the fifth consecutive year," said Shishir Joshipura. "Continued support from our customers and all other stakeholders has enabled us to consolidate our leadership position. SKF is committed to offering innovative solutions, delivering high value for its customers by leveraging its power of knowledge engineering." "The consistent growth and resilience shown by corporate India is a testimony to the strong economic fundamentals prevalent in the economy. The first three quarters of FY11 remained robust with a renewal in demand across various sectors. The same has been aptly covered in D&B's India's Top 500 Companies 2010, reflective of the changing trends in domestic economy; thereby helping these companies to achieve a healthy 19.4 per cent total income growth in FY11 as compared to a meager 0.6 per cent growth for the corresponding period in the previous year," said Kaushal Sampat, President and CEO ? India D&B.