V-Guard bags Frost & Sullivan’s coveted Indian water heater company of the year award
New Delhi, 21th January, 2019: V-Guard Industries Limited won the ‘Indian Water Heaters Company of the Year’title at the Frost & Sullivan India best practices award 2018. The highly coveted annual awards program honor companies that create breakthrough business models and strategies through the innovative use of transformative technologies, and deliver exceptional performances.V- Guard was awarded for their business models and strategies through the innovative use of transformative technologies that delivers exceptional performances.
V-Guard has emerged as a leading player in the water heaters segment in India this year due to its strong focus on customers, thoughtful engineering and intelligent design. The company offers a range of products in the Instant, Storage and Gas Water Heaters category, from 1 liter to 100 liter capacity.
Commenting on the achievement Mr. Mithun Chittilappilly, MD, V Guard Industries said, “We are really excited winning this prestigious award. Over the past couple of years we have been transforming and revamping our strategies to strengthen the brand, process and product portfolio to achieve higher growth.We will continue to invest in the category and drive innovation to meet the discerning needs of our consumers”
The company has pushed the boundaries and brought path breaking offerings like the Verano which was India’s first IOT enabled geyser which could be controlled from anywhere in the world. The company continues to invest in innovative features, energy efficient solutions, top quality materials to deliver a range of value based offerings in the category across different segments.