Release id: 21/ 2014

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22 December 2014 

REIL conferred with PSE Excellence Award 2014 for “R&D, Technology Development”

 

Rajasthan Electronics & Instruments Limited (REIL), Jaipur has been conferred with PSE Excellence Award 2014 for “R&D Technology Development” in a ceremony held at New DelhiThe award was presented to Shri A. K. Jain, Managing Director, REIL by Hon’ble Governor of Uttar Pradesh, Shri Ram Naik, in the presence of Hon’ble Minister of State for Heavy Industries & Public Enterprises, Government of India Shri G.M. Siddeshwara & other eminent personalities. This was 5th edition of prestigious award which has been instituted by the Indian Chamber of Commerce in association with the Department of Public Enterprises, Government of India to recognize the contribution of Central Public Sector Enterprises in the economic, industrial and social growth of the country.

 

On this occasion the Managing Director, Shri A.K. Jain shared that the company aims at providing products & services of global standards through investments in R&D which is 1% of Turn over and this parameter has been maintained even after rapid business growth of over two & half times during the recent years. This consistent investment made in Research and Development has paid returns in the form of business through innovation. Innovations have helped the organization in vertical integration through significant contribution in increased manufacturing activities and providing state of art products to our customers.

 

Shri A.K. Jain, Managing Director, REIL, thanked the organizers and the Jury, for selecting REIL for this award. He also acknowledged the support and guidance of Ministry of Heavy Industries and Public Enterprises, Department of Heavy Industry, Government of India and Government of Rajasthan.

 

Shri Jain congratulated the employees of REIL for this award and assured that the Company would continue to deliver newer and innovative Electronics, Renewable Energy and Information Technology based solutions and services for the social & economical development of rural brethren.

 

 

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