Amara Raja Batteries Ltd Bags Prestigious 'First Award' at 14th National Awards
Bangalore, 24 July, 2017: Amara Raja Batteries Limited, India’s leading industrial and automotive battery manufacturer has bagged the prestigious ‘First Award’ under the Category Private- Manufacturing (Large) at the 14th National awards for Excellence in Cost Management 2016. The award is conferred by The Institute of Cost Accountants of India.
Mr. Jayadev Galla, Vice Chairmanand Managing Director, Amara Raja Batteries Limited, along with theFinance team received the award from Sri Arjun Ram Mughal,Hon’ble Union Minister of State for Finance and Corporate Affairs inpresence of senior officials of ICAI and other dignitaries.
Recognizingthe company’s accomplishment in Cost Management and other relevant bestpractices in the corporate sector, Amara Raja Batteries Ltd was honoured withthe National Award for the third time, having earlier been awarded with ‘GoodPerformance’ in 2016 and ‘Second award’ in 2014.
The NationalAward for Excellence in Cost Management was instituted in 2003 to recognizequalitative cost management practices adopted by the industry and ensure duenational and global recognition for the success of such cost managementinitiatives.