BWI: Mr. Ashok Chaturvedi, Uflex Chairman, Conferred with Outstanding Entrepreneurship Award at Asia Pacific Entrepreneurship Awards 2010 India

Press release from Business Wire India
Source: UFLEX Limited
Tuesday, November 23, 2010 02:38 PM IST (09:08 AM GMT)
Editors: General: Consumer interest; Business: Business services, Household & personal care products & services, Media & entertainment
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Mr. Ashok Chaturvedi, Uflex Chairman, Conferred with Outstanding Entrepreneurship Award at Asia Pacific Entrepreneurship Awards 2010 India


New Delhi, Delhi, India, Tuesday, November 23, 2010 -- (Business Wire India) -- Mr. Ashok Chaturvedi, Chairman & Managing Director, UFlex Limited- India's largest flexible packaging company was conferred with the much coveted Outstanding Entrepreneur Award at the Asia Pacific Entrepreneurship Awards (APEA) 2010 India. The award was presented to Mr. Ashok Chaturvedi in a glittering ceremony at Hyatt, New Delhi.

The Outstanding Entrepreneurs Award recognizes individuals who have shown outstanding persistence, perseverance and spirit of entrepreneurship. APEA recognizes business leaders for outstanding entrepreneurship as judged by an independent judging panel. These Awards are accorded to the exemplary few who have shown outstanding performance in the communication of their visions, brands and strategies.

Mr. Ashok Chaturvedi was bestowed with this prestigious honor for his extraordinary contributions to the Indian Packaging Industry. He has created leadership position in flexible packaging industry with his innovative and developmental approach over last 25 years. He is the key motivation driver behind the growth of the UFlex Ltd which is India's largest and fastest-growing flexible packaging company with large capacities of plastic film and packaging products which provide end-to-end flexible packaging solutions. Mr. Ashok Chaturvedi, has pioneered the growth of Flexible Packing industry in India.

The award was conferred on Mr. Ashok Chaturvedi in recognition and appreciation of his outstanding leadership role and demonstrating innovativeness and entrepreneurial skills. Mr. Ashok Chaturvedi has been constantly applying the latest international technologies for tailoring and designing packing material which adapt to the changing needs of the customers, winning markets globally. Inspired by customer's needs for quality, prompt delivery and service, he decided to integrate backwards in the manufacture of Polyester Film, BOPP and Co-extruded Films, Gravure Printing Cylinders, Inks, Adhesives, Pet Chips. This ensured the excellent quality of product and timely delivery to the customer.

Mr. Ashok Chaturvedi is one of a distinguished creed of first generation entrepreneurs, who has, through vision and dedication carved a niche for himself in the domestic industrial environment and also sculpted a global reputation for himself and The UFlex Group as the only integrated unit of its kind in the world with flexible packaging at its core.
Expressing his happiness on receiving the honor, Mr. Ashok Chaturvedi said, "I feel highly privileged to receive this prestigious award as an acknowledgement of our commitment to satisfy customer requirements and deliver beyond their expectations. It is our constant endeavor towards achieving our objective that inspires us to perform better and raise the bar of our performance in the quest to be globally competitive and bring incremental value to our shareholders".

Asia Pacific Entrepreneurship Awards 2010 India is organized by Enterprise Asia - a non-governmental organization in pursuit of entrepreneurship development across the region. It strives to promote fair and equal opportunities for emerging entrepreneurs. Founded by entrepreneurs for entrepreneurs, the organization is supported by a panel of prominent industry and government leaders who truly believe in the mission of championing entrepreneurship in Asia.

About UFLEX Ltd

UFLEX Ltd (www.uflexltd.com) is the Bombay Stock Exchange (UFLEX: 500148) and NSE listed India's largest flexible packaging company with large manufacturing capacities of plastic film and packaging products providing end-to-end solutions to clients across more than 108 countries.

It has vast capacities for production of Polyester chips, Biaxially Oriented Polyethylene Teraphthalate (BOPET) and Biaxially Oriented Polypropylene (BOPP) films, Printing & Coating Inks, facilities for Holography, Metalization & PVDC coating, making Gravure Printing Cylinders, Gravure Printing, Lamination and Pouch formation.

Synonymous with flexible packaging industry in the country, UFLEX group has Gross annual revenue of Rs. 30 billion and Gross Capital Investment across the world of about Rs. 26 billion.

UFLEX offers finished packaging of a wide variety of products such as snack foods, candy and confectionery, sugar, rice & other cereals, beverages, tea & coffee, desert mixes, noodles, wheat flour, soaps and detergents, shampoos & conditioners, vegetable oil, spices, marinates & pastes, cheese & dairy products, frozen food, sea food, meat, anti-fog, pet food, pharmaceuticals, contraceptives, garden fertilizers and plant nutrients, motor oil and lubricants, automotive and engineering components etc.

The company's partial client list includes Unilever, Pepsi, Wrigley, Procter & Gamble, Colgate, Palmolive, Nestle, Gillette, Ranbaxy, Perfetti, Joyco, Monsanto, ITC, Godrej Pillsbury, Tata Tea, Hindustan Petroleum, Indian Oil, Britannia, Dabur, Haldiram, Wockhardt, HUL, Parle Biscuit, and Birla 3M, among others.


CONTACT DETAILS
T Anand Mahesh, UFLEX Limited, +91 9870716285, anand@mavcommgroup.com
Neeraj Atri, UFLEX Limited, +91 9811714871, n.atri@mavcommgroup.com

KEYWORDS
CONSUMER, BUSINESS SERVICES, HOUSEHOLD, MEDIA

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