BWI: Indo-American Chamber of Commerce honours Hewlett Packard as the Overall Best Company at 7th Indo-American Corporate Excellence Awards (I-ACE)

Press release from Business Wire India
Source: Indo- American Chamber of Commerce
Wednesday, July 06, 2011 12:45 PM IST (07:15 AM GMT)
Editors: General: Consumer interest, Economy, People; Business: Advertising, PR & marketing, Business services, Information technology, Major diversified industrial groups, Media & entertainment; Technology
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Indo-American Chamber of Commerce honours Hewlett Packard as the Overall Best Company at 7th Indo-American Corporate Excellence Awards (I-ACE)


Mumbai, Maharashtra, India, Wednesday, July 06, 2011 -- (Business Wire India) -- The Indo-American Chamber of Commerce (IACC), the only bi-lateral Chamber of Commerce in India, formally honoured Hewlett Packard (HP) India Ltd., as the Overall Best US Company in India at the 7th Indo-American Corporate Excellence Awards (I-ACE) held at Hotel Trident, Nariman Point in Mumbai also commemorating the American Independence Day. The chief guest at the event was Mr. Shashi Ruia, Chairman, Essar Group. The event witnessed the creme da la crème of India and U.S' Corporate and entertainment world commemorating the American Independence Day.

The opening welcome remark was provided by Mr. Pradeep Udhas, Regional President, IACC, WIC followed by an addressing note by Mr. Shashi Ruia, Chairman, Essar Group.

Dr. L. S. Kanodia, Chairman, I-Ace Awards while introducing the awards said, "Both India and U.S play a significant role in today's global arena. In this regard, IACC has played a fundamental role to promote and strengthen Indo-US trade and business relationships for over 40 years. Through continued trade and investment between businesses and entrepreneurs, and through improved collaboration and coordination between our governments, we will address many common challenges and achieve shared goals, ultimately leading to improved economic well- being for the citizens of both countries."

Names of the winners from other categories are:

1. Financial Services: Best U.S Company in India - Wells Fargo & Co.
2. Technology, Communication and Entertainment: Best U.S Company in India - Genpact
3. Manufacturing: Best U.S Company in India - Owens Corning
4. Best NGO: United Way of Mumbai
5. Other Services: Best U.S Company in India - Aon Global Insurance Brokers Pvt. Ltd.
6. Technology, Communication and Entertainment: Best Indian Company in U.S. - Aegis
7. Manufacturing: Best Indian Company in U.S. - Welspun
8. FMCG: Best U.S. Company in India - Procter & Gamble

Neelam Dhawan, Managing Director, Hewlett Packard India on being awarded as the Overall Best Company commented, "Recognizing HP as the best U.S Company in India for 2011 is a wonderful testimony to the hard work and contributions made by our employees and the support and trust we have received from our customers and partners. The Indo-American Chamber of Commerce is the premier organization contributing to the growth of bilateral ties between India and US. In an increasingly global economy, there is a need to foster even greater trade and economic ties between the US and India and the I-ACE Awards is an excellent initiative in this regard. It is a privilege to receive this award and I wish IACC even greater success in the future."

Legendary filmmaker Yash Chopra took the opportunity to comment on the Indo-US relations. He said, "I would like to take this opportunity to congratulate the Americans on their Independence Day that IACC is celebrating today. India and U.S have wonderful relations as far as films are concerned. Bollywood has always been inspired by Hollywood. In India, not only films but every aspect of the entertainment industry is making a mark in the world today. Very soon India will celebrate 100 years of film making in India".

On the occasion, Mr. David Tyler, Chief-US Consular Section said, the relationship between two nations is stronger and deeper than it has ever been. As we observe American Independence day today, we celebrate the shared values of both the economies. Tonight we are here to recognize the companies for the work they have done in contributing to both the economies. They have done a great job in terms of providing jobs, which in turn provides income to the families and the education for their children."

Through the I-ACE Awards, the Chamber celebrates corporate excellence and recognizes the Best U.S. Companies in India and Indian companies in US. These awards were presented in a number of categories and the winners chosen from a pool of varied nominations received from US and India.

To achieve the above objective, companies (U.S. and Indian) need to fasten trade ties between each other's countries. Indo-American Chamber of Commerce (IACC), the only bi-lateral Chamber of Commerce in India, committed to promoting trade and commerce between India and the United States, has facilitated many companies smoothen trade activities in each other's countries through ground- breaking initiatives.

The event had a high-profile guest list comprising of well-known personalities like Yash Chopra, Alyque Padamsee, Gulshan Grover, Shama Sikander, and various industrialists, business leaders, members from the U.S Consulate, and IACC members. Performances by stand-up comedian Adnan Nalwala and Jugalbandi form music maestros Mukul Dongre and Satyajit Talwalkar, kept the audience captivated with the proceedings of the evening.

Some of the past winners of the prestigious I-ACE awards are Whirlpool Ltd, Western Union Services, Cushman & Wakefield, Goodrich Aerospace Services Pvt. Ltd, AmeriCares, DSP Merrill Lynch, Virtusa India Pvt. Ltd., Monsanto India Ltd, IBM India, JP Morgan Bank Chase N. A Group, Microsoft Corporation India Pvt. Ltd., Ups Jet Air Express Pvt. Ltd., Cisco Systems, Max New York Life Insurance, Cisco Systems, FedEx Express, Cognizant Technology Solutions India Pvt. Ltd., Avaya Global Connect, Mc Donald's (India) & Citigroup among other esteemed organizations.

Trade between India and the US is expected to grow to $100 billion within two to three years while Indian companies are strengthening their presence in the US across various sectors and that the trade volumes would increase due to the growth of several sectors like food processing, education and infrastructure.

PIC Attached: From Left to Right: Shashi Ruia, Chairman, Essar Group, Robert W Carlson, Consul for Political & Economic Affairs, Consulate General of U.S, Jaijit Bhattarcharya, Phd, Corporate Director Global Govt. Affairs, Hewlett Packard India Sales Pvt Ltd. receiving the award along with Pradeep Udhas, Regional President, IACC.

About IACC

Established in 1968, The Indo-American Chamber of Commerce (IACC) is committed to promoting trade and commerce between India and the United States and is now the leading bilateral Chamber at the forefront of facilitating stronger business ties between two of the world's largest economies.

About I-ACE Awards:

The Indo-American Corporate Excellence Awards hosted by IACC every year recognizes the best U.S. Companies in India and Indian Companies in US in various categories. The ceremony is also a commemoration of the American Independence Day.

Quotes from the winners of
7th Indo-American Corporate Excellence Awards

Category - Overall Best:
Best U.S Company in India- Hewlett Packard India Ltd
Neelam Dhawan, Managing Director, Hewlett Packard India

"Recognizing HP as the best U.S Company in India for 2011 is a wonderful testimony to the hard work and contributions made by our employees and the support and trust we have received from our customers and partners. The Indo-American Chamber of Commerce is the premier organization contributing to the growth of bilateral ties between India and U.S. In an increasingly global economy, there is a need to foster even greater trade and economic ties between the US and India and the I-ACE Awards is an excellent initiative in this regard. It is a privilege to receive this award and I wish IACC even greater success in the future."

Category - Technology, Communications and Entertainment:
Best U.S Company in India- Genpact
Tiger Tyagarajan, President & CEO, Genpact.

"We are honored to receive the award for the Best US Company operating in India in the Technology Sector at IACC's 7th Indo American Corporate Excellence Awards for our human capital practices, corporate citizenship and contribution to the growth of Indo-US business. As a global company we believe that these practices build strong organizations and contribute to the overall development of the country, we live and work in. As an industry pioneer, Genpact is especially proud of its contribution to the economic growth of India. These awards are excellent initiatives, which recognize corporate excellence and benchmark industry practices."

Category - Technology, Communications and Entertainment:
Best Indian Company in U.S - Aegis Ltd.
Aparup Sengupta, MD & Global CEO, Aegis Ltd.

"We feel privileged to receive the prestigious award of Best Indian Company operating in U.S under the Technology Sector from Indo-American Chamber of Commerce (IACC). This award is a testament of our belief to be the Experience Managers, providing right balance between cultural affinity, best practices and optimum costs. In North America, we started small as a team of less than 700 people. Today, in last five years, this team has grown to more than 4,000, with centers operating in nine locations across North America. We are proud of Aegisities in America's who not only power the consumer interactions for some of the largest fortune firms, but also further Aegis cause in local communities and to the environment. Recognitions like these spur us to achieve greater heights. I humbly accept this award on behalf of 55,000 Aegisites across the world."
 
Category - Best NGO:
United Way Mumbai
Jayanti shukla, Executive Director, United Way Mumbai

"It is an honour and privilege for United Way, Mumbai to be recognized by the IACC for the work we are doing as a community impact organization. It gives us added pleasure to be placed at par with other award winners- past and present- many of whom are major multinational corporates.

We are already recognized by the corporate sector and our fellow nonprofits as a preferred partner for work place campaigns, community program managers and for volunteering opportunities. Now, as the official charity partners for the Standard Chartered Mumbai Marathon, Asia's biggest sporting and philanthropic exchange event, we have consolidated our position as a change agent for community impact and building sustainable communities."

Category - Financial Services:
Best U.S Company in India- Wells Fargo India Solutions
Aveek Mukherjee, Managing Director, Wells Fargo India Solutions

"We are extremely proud to receive this recognition. For us, this is an added motivation as we continue on our journey towards excellence in all spheres. 'People as a competitive advantage' is a core principle for us at Wells Fargo, and receiving this award for our human capital management and corporate social initiatives is a reiteration of our alignment to the same. We have, in our small way, made a difference in the communities that we operate in and we are happy that these efforts have been recognized in this forum. I extend my wishes to the Indo -American Chamber of Commerce for all that they are doing to promote and propagate Indo-US trade and relations."

Category - Manufacturing:
Best U.S Company in India- Owens Corning India Ltd.
Mr. Satish kulkarni, Managing Director, Owens Corning India

"We are happy that we have been recognized for our work in India over the years. We see great opportunity with help of IACC which is doing a good job of promoting Indo-American business, trade and economic relations, for Owens Corning to strengthen its activities in India both for the its Composites Systems and Home Building Systems."

Category - Other Services:
Best U.S Company India- Aon Global Insurance Brokers Pvt Ltd.
Mr. Prabodh Thakker, Chairman, Aon Global Insurance Brokers Pvt Ltd.

"I would like to thank the Indo-American Chamber of Commerce for presenting us the Award for the Best U.S. Company in India. It is indeed a privilege for Aon Global Insurance Brokers to receive this prestigious Award. I must also thank my collaborator, Aon and each and every employee at "Aon Global" who has worked hard to achieve this Award. We strongly believe that the IACC is doing a great job of promoting trade and business between two great countries - India and America. We are deeply encouraged by this recognition and would once again like to thank you for the same."
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