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Contact: Isha Mohanty
MohantyI@mail.dnb.co.in
URL : www.dnb.co.in

D&B Axis Bank Announce Business Gaurav SME Awards 2012
 
Mumbai,  09 Nov 2012    

Dun & Bradstreet, the world’s leading provider of global business information, knowledge and insight; and Axis Bank, the third largest private sector bank in India, today announced the ‘D&B – Axis Bank Business Gaurav SME Awards 2012’. The awards felicitated 38 of India’s leading Small and Medium Enterprises of India for their significant achievement and contribution over the years. The occasion also marked the launch of Dun & Bradstreet’s and Axis Bank’s premier publication, Leading SMEs of India 2012 by Guest of Honour, Mr. Rajive Chawla, President, Faridabad Small Industries Association. 

Speaking on the occasion, Ms. Shikha Sharma MD & CEO, Axis Bank said, "The Indian SME sector has grown rapidly in the last decade. SMEs have made a very significant contribution to the overall economy resulting in a marked impact on GDP.  At Axis Bank, we believe in partnering in the growth of these SMEs by providing solutions to them at every stage of their business lifecycle. The second edition of D&B-Axis Bank Business Gaurav SME Awards 2012 is our continuous attempt to recognize and reward the performance of Micro, Small & Medium Enterprises and partner them in their growth."

Speaking at the awards ceremony, Mr. Kaushal Sampat, President & CEO – India D&B said “In keeping with our commitment to the SME sector, D&B and Axis Bank are delighted to honour the winners of D&B –Axis Bank ‘Business Gaurav SME Awards 2012’. We have received an overwhelming response this year, with nominations increasing by 36% to cross 7,500 SMEs across 14 sectors.”

“We are releasing the second edition of our publication, ‘Leading SMEs of India 2012’, where we have analysed SMEs whose financial statements were available for the past three years. We found that total income of these SMEs went up by 18% in FY12, lower than the 26% growth in the previous year. Profits also grew at a slower rate of 14% in FY12 compared with 22% in prior year. However, net profit margin remained reasonably stable in FY12. Another encouraging trend revealed that export income grew by 28% as compared to last year.”, he added.

About ‘D&B-Axis Bank Business Gaurav SME Awards 2012’

The ‘D&B-Axis Bank Business Gaurav SME Awards 2012’ are a tribute to the leading small and medium enterprises for their significant achievement and notable performance over the years. A total of 38 awards are decided across 14 sectors namely auto components, chemicals & petrochemicals, food & agro products, hospitality, metal & metal products, logistics, textiles,readymade garments, rubber & rubber products, pharmaceutical, engineering goods, plastic products, electronic goods & components and IT &ITeS. Based on total income of FY12, the awards are classified under micro, small and medium categories in each sector. Additionally, one Overall Best Performer award is also decided across all the 14 sectors along with three special awards. 

D&B used a proprietary model to shortlist the nominations based on various qualitative and quantitative parameters. Based on computation of composite scores, the award winners were decided by a Jury comprising of industry experts and eminent professionals from relevant industry.

Winners of the D&B – Axis Bank Business Gaurav SME Awards 2012

Category

 Sector

Company Name

Micro

Auto Components

Wavecurrent Precision Parts Limited

Small

Auto Components

Sipra Engineers Private Limited

Medium

Auto Components

Delux Bearings Limited

Micro

Chemicals & Petrochemicals

Generation Four Engitech Limited

Small

Chemicals & Petrochemicals

Vegesna Laboratories Private Limited

Medium

Chemicals & Petrochemicals

Krishna Antioxidants Private Limited

Small

Electronic Goods & Components

Tempsens Instruments (I) Private Limited

Micro

Engineering Goods

Unisteel Engineering Works

Small

Engineering Goods

Sparklet Engineers Private Limited

Medium

Engineering Goods

Oswal Cables Private Limited

Micro

Food and Agro Products

Frespo Food Products

Small

Food and Agro Products

Imperial Malts Limited

Medium

Food and Agro Products

Indian Agro & Food Industries Limited

Micro

Hospitality

AyurvedaGram Heritage Wellness Centre Private Limited

Small

Hospitality

Auromatrix Hotels Private Limited

Micro

IT & ITeS

A1 Future Technologies

Small

IT & ITeS

Plintron Global Technology Solutions Private Limited

Micro

Logistics

Gopi Trans & Clearing Agency

Small

Logistics

NTC Logistics Private Limited

Medium

Logistics

Sarjak Container Lines Private Limited

Micro

Metal & Metal Products

Ahammad Super Diamond Abrasives

Small

Metal & Metal Products

Chetak Auto Engg. Products Co. Private Limited

Micro

Pharmaceuticals 

Ratnamani Bio-Chemicals & Pharmaceuticals Private Limited

Small

Pharmaceuticals 

Nitika Pharmaceutical Specialities Private Limited

Medium

Pharmaceuticals 

Bharat Parenterals Limited

Micro

Plastic, Plastic Goods  and  Plastic Processing

Agro International

Small

Plastic, Plastic Goods  and  Plastic Processing

Blend Colours Private Limited

Medium

Plastic, Plastic Goods  and  Plastic Processing

Emmbi Polyarns Limited

Small

Readymade Garments

Win (India) Exports

Medium

Readymade Garments

Evolv Clothing Company Private Limited

Small

Rubber & Rubber products

Shalimar Seal & Tar Products (P) Limited

Micro

Textiles

MNR Exports Private Limited

Small

Textiles

Shri Bharat Worldwide Private Limited

Medium

Textiles

Jaipur Rugs Company Private Limited

Best Performing SME

 

Tempsens Instruments (I) Private Limited

Diversified

 

Oswal Cables Private Limited

Best Young Entrepreneur

Mr Vinay Rathi

Tempsens Instruments (I) Private Limited

Best Woman Entrepreneur

Ms Rinku Appalwar

Emmbi Polyarns Limited

About ‘Leading SMEs of India 2012’
The publication ‘Leading SMEs of India 2012’ highlights the key achievements of the award winners of ‘D&B-Axis Bank Business Gaurav SME Awards 2012’.  The publication also includes a brief overview of the aforementioned sectors and various developments associated with the sectors. Further, 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.  

About Dun & Bradstreet (D&B):
Dun & Bradstreet (NYSE:DNB), the world’s leading source of global business information, knowledge and insight, has been enabling companies to Decide with Confidence® for 171 years. D&B’s global commercial database contains more than 205 million business records. The database is enhanced by D&B’s proprietary DUNSRight® Quality Process, which transforms the enormous amount of data collected daily into decision-ready insight. Through the D&B Worldwide Network – an unrivaled alliance of D&B and leading business information providers around the world – customers gain access to the world’s largest and highest quality global commercial business information database.

Customers use D&B Risk Management Solutions to mitigate risk, increase cash flow and drive increased profitability, D&B Sales & Marketing Solutions to analyse markets, locate prospects and increase revenue from new and existing customers; D&B Export Marketing Solutions to gain significant insight into overseas markets and increase sales; D&B Learning Solutions to facilitate professional growth and excellence among their executives and D&B Economic Analysis Group to derive pragmatic and solution-oriented analyses of strategic economic and business developments, thereby aiding informed decision making.

D&B featured on FORTUNE Magazine's Most Admired Companies Industry List for four consecutive years (2006 -2009), ranking first in the Financial Data Services category. D&B ranked first in the areas of employee talent, financial soundness, long-term investment, quality of management and use of corporate assets. In 2011, D&B featured on the World’s Most Ethical Companies list in the Business Services category by Ethisphere.  The World’s Most Ethical Companies designation recognizes companies that truly go beyond making statements about doing business “ethically” and translate those words into action.

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