Hyderabad, July 17, 2020: Reaffirming its leadership position, Amara Raja Batteries hits yet another milestone by winning the Golden Peacock Innovative Product/Services Award from the Institute of Directors, India in the category of ‘Innovative Product and Services-Electrical equipment’ in a global virtual ceremony held on the July 15th 2020, the award was received by Mr. M Jagadish, Head – Technology, on behalf of the Organization, who delivered the acceptance speech. Mr. J S Reddy & Mr. K Hari Prasad from the New Product Development also joined the virtual ceremony along with more than 525 members globally.
The Golden Peacock award is regarded as a benchmark of Corporate Excellence worldwide. The evaluation committee of Golden Peacock Awards, received over 1000 applications this year. The Award applications were assessed at three levels by Independent Assessors and finally by a Grand Jury, which resulted in ARBL’s feat.
Expressing gratitude, Mr M Jagadish, Head- Technology said, “Innovation is one of our five core values. It gives me immense pride that over the years we have continued to demonstrate our commitment to fulfil these values, and we still feel the same resoluteness and fire within, as we cross yet another milestone for innovation and service. I would also like to take this opportunity to thank and congratulate each and every team member and all other stakeholders who contributed to this illustrious recognition.”
Established by the Institute of Directors (IOD), India in 1991, Golden Peacock Awards for Corporate Leadership and Institutional Excellence, over the time, has become a hallmark of excellence, both locally and globally. Hon'ble Justice M. N. Venkatachaliah, Chairman, Institute of Directors and former Chief Justice, Supreme Court of India is the Chairman of the Golden Peacock Awards Jury. Justice (Dr.) Arijit Pasayat, former Judge, Supreme Court of India and former Chairman, Competition Appellate Tribunal & Authority for Advance Ruling (Customs, Central Excise & Service Tax) is the Co-Chairman of the Golden Peacock Awards. This year the on-site assessment was on a virtual mode due to the Covid-19 situation.
About Amara Raja Batteries Limited
Amara Raja Batteries Limited is the technology leader and one of the largest manufacturers of lead-acid batteries for both industrial and automotive applications in the Indian storage battery industry. In India, Amara Raja is the preferred supplier to major telecom service providers, Telecom equipment manufacturers, the UPS sector (OEM & Replacement), Indian Railways and to the Power, Oil & Gas, among other industry segments. Amara Raja’s industrial battery brands comprise PowerStack®, AmaronVolt® and Quanta®. The Company is a leading manufacturer of automotive batteries under the brands Amaron® and PowerzoneTM, which are distributed through a large pan-India sales & service retail network.
The Company supplies automotive batteries under OE relationships to Ashok Leyland, Ford India, Honda, Hyundai, Mahindra & Mahindra, Maruti Suzuki, and Tata Motors. The Company’s Industrial and Automotive Batteries are exported to countries in the Indian Ocean Rim.