BWI: Jury Announced for Frost & Sullivan 2010 India Excellence in Chemicals, Materials and Food Awards

Press release from Business Wire India
Source: Frost & Sullivan
Friday, November 26, 2010 01:27 PM IST (07:57 AM GMT)
Editors: General: Consumer interest, Food & drink, People; Business: Advertising, PR & marketing, Business services, Chemicals, Commodities & materials, Hospitality; Technology
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Jury Announced for Frost & Sullivan 2010 India Excellence in Chemicals, Materials and Food Awards
A highly respected and experienced jury panel to select award recipients for the most sought-after accolade in the industry

Mumbai, Maharashtra, India, Friday, November 26, 2010 -- (Business Wire India) -- The full line-up of the judging panel for the 2010 India Excellence in Chemicals, Materials and Food Awards has been announced. The jury comprises eminent business leaders who have personified excellence and commitment in their respective fields. It will preside over the selection process that will bring to light award recipients of the 2010 India Excellence in Chemicals, Materials and Food Awards, who will be felicitated at a Gala Awards Ceremony on 6th December at Hyatt Regency, Mumbai.

The erudite jury includes personalities like Mr. Sanjay Laud, Global Vice President, Bioplus Life Sciences; Mr. G M Tewari, Ex-Chairman and Governing Board Member of Protein Foods and Nutritional Development Association of India (PFNDAI); Dr. R Rajagopal, Director, Knowgenix; Mr. Rajeev M Pandia, Ex MD of SI and Past President, ICC; Mr. Ramesh Alur, General Partner, Ventureast; Dr. Hirwani, Director, URDIP CSIR; and Dr. Anand Ramanathan, Manager, KPMG Advisory Services Pvt. Ltd.

The Award methodology followed to determine best practices in the industry:

The Voice of Customer Award Series involves a multi-tier process wherein excellence in the industry is gauged through ratings provided by end-user companies. The initial stage involves identification of key suppliers; end users of the supplier's products are then interviewed focusing on a sample that accounts for the majority of the total market share.

The next stage of analysis includes a statistical and analytical model wherein a panel of in-house Frost & Sullivan Chemicals, Materials and Food (CMF) experts examine and compute critical parameters determining product innovation / quality / customer service for each product category. Ratings on these parameters are gathered from respondents on the importance and relevance in their purchasing and decision-making process. The final ratings are averaged across respondents to arrive at a mean score. Suppliers with the highest scores are then nominated for the award and analyzed further to determine the winner.

The jury-based Awards are based on the premise of nominations from industry experts from various sectors of the Chemicals, Materials, and Food Ingredients industry. Further, Frost & Sullivan analysts track company revenues, growth, dynamics, market share, etc. for the nominated companies. Specific criteria are used to ascertain the final competitor ranking in each industry. Post this, the final analysis is viewed and then the jury of Industry experts determines awardees.

Proud of the Jury panel for the Awards, Mamta Wadhwa, Senior Director, Chemicals, Materials and Food Practice, South Asia and Middle East, Frost & Sullivan, said, "The expert opinion from the jury members who have exemplary commitment and expertise has really added commendable value to the short-listing and decision-making process . It has been great working with them and conceptualizing this year's jury award, which we are sure, will have high recognition value. "

The esteemed Awardees will be unveiled at the 2010 India Excellence in Chemicals, Materials and Food Awards, which will be held on 6th December at the Hyatt Regency, Mumbai.
Beverages and Food World, Chemical weekly, Chemical World, Modern Packaging and Design, Modern Food Processing, Modern Plastics and Polymers, Times Processing Food Journal and Food processing360.com are the media partners for the event.

To know more about this event please log on to www.frost.com/2010cmfawards

About Frost & Sullivan:

Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best-practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from 40 offices on six continents.

To join our Growth Partnership, please visit http://www.frost.com



CONTACT DETAILS
Anish Charles Corporate Communications - South Asia, Frost & Sullivan, +91 (22) 40013419, anishc@frost.com
Nimisha Iyer Corporate Communications - South Asia, Middle East & North Africa, +91 9820050519, niyer@frost.com

KEYWORDS
CONSUMER, FOOD, PEOPLE, MARKETING, BUSINESS SERVICES, CHEMICALS, COMMODITIES, HOSPITALITY, TECHNOLOGY

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