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Jamshedpur, Dec 12 : Jamipol was conferred with Tata Business Excellence Award (TBEM) for active promotion for TBEM for the year 2013 at the annual business excellence convention held in Chennai.
The convention recognized companies for the progress achieved in their respective journeys towards excellence. The award was presented by Ravi Kant, VC, Tata Motors and as received by MD, Jamipol, Adarsh Agrawal. Apart from Jamipol, Tata Housing Development Company and CMC ere also rewarded in the category.
Speaking to the media persons on Wednesday at a city club MD, Adrash Agrawal said Jamipol got awarded with the ‘Active Promotion for TBEM for the year 20013’ as it broke into the 500 plus band in standard assessment.
Jamipol has been embarking on this journey since 2006 and has reaped the benefits of this model by growing leaps and bounds and thus expanding itself into new business ventures. The company had an annual turnover of 250 crore a 40% increase from previous year while we are targeting 350 crore for the coming year, added Agrawal.
Agrawal further said that Jamipol aims at providing innovative solutions for the iron and steel industry. It mainly focus is on the production and marketing of Desulphurising Compounds (DCs) used by the Steel Industry for external desulphurisation of hot metal (liquid iron).
The product is required for the production of low sulphur high quality steels to International Standards and helps in increasing productivity and reducing cost. The setting up of JAMIPOL plant marked the beginning of a new era for supporting Indian Steel Industry, where a high-tech product vital for the Steel Industry was made available indigenously.
The product is required for the production of low sulphur high quality steels to International Standards and helps in increasing productivity and reducing cost, added Agrawal. JAMIPOL today caters to the entire domestic requirement of CADs, which include supplies to Tata Steel, SAIL and JSW Steel Ltd.
We are coming with a new plant in Kalinganagar which will start operations from end January with an investment of Rs 50 crores, added Agrawal.
At the press meet Rajesh Sinha, GM (Commercial), Jayant Roy, Senior GM and HS Sandhu were present.
Tata companies use the Tata Business Excellence Model (TBEM), which covers business aspects that range from strategyand leadership, to safety and climate change.
Adapted from the renowned Malcolm Baldrigemodel, TBEM encourages continuous improvements through a formal system of benchmarking and assessment.