Business Daily from THE HINDU group of publications Saturday, Aug 12, 2006 |
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Awards & Honours Industry & Economy - Exports & Imports Indian Charge Chrome bags export award Our Bureau
Bhubaneswar , Aug. 11 Indian Charge Chrome Ltd (ICCL), a constituent of the IMFA Group, has been awarded the EEPC (Engineering Export Promotion Council) All India Award for outstanding export performance during 2004-05. The award, sponsored by the Union Ministry of Commerce, is given every year to meritorious exporters in various categories. ICCL was chosen for the award for phenomenal growth in exports of high carbon ferro chrome. The award was presented by Union Minister of Commerce and Industry, Mr Kamal Nath, at a function held in Chennai on Thursday, according to a company release. The net foreign exchange earning of ICCL in 2004-05 was Rs 223.85 crore, a jump of over 71 per cent from Rs 130.58 crore in the previous fiscal. IMFA Group's ferro chrome output was at an all time high in 2004-05 with an output of 1,05,211 tonnes with exports primarily to the Far East.
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