The Hindu Business Line : Power crisis hurting AP industries, says AIMO

The All India Manufacturers' Organisation (AIMO) has said that the recent power crisis is hurting the industry. There is a tremendous pressure on the power sector.

Even if the industry wants to generate power for captive use, it could not do that. "There are restrictions in doing that. We need to prove that the industry concerned will not sell the power it generated," Mr Y.S.R. Venkat Rao, Chairman of AIMO (Andhra Pradesh Board) and Managing Director of International Industrial Products, said.

The organisation was founded by late Mokshagundam Visvesvaraya. Addressing a press conference here on Tuesday to announce the annual awards presented by the organisation, he said entrepreneurs were supposed to focus on their core business activity.

"They cannot go on explaining to a number of people. It is very frustrating, particularly for those in the small and medium sector," he said.

Stating that information technology too belonged to the manufacturing sector, he said the advent of IT had resulted in increase in salaries in the market place. It had become very difficult for us to get human resources.

Awards for 2006

Announcing the winners of `Bharat Ratna' Dr Mokshagundam Visvesvaraya Industrial Awards for the year, Mr G. Jayaram, Chairman of Awards Committee and Vice-President (Corporate Affairs and Company Secretary of Satyam Comupter Services), said the public sector National Mineral Development Corporation has won the award for `Best performance in Large and Medium Scale Sector'.

The other awards (with the names of winners in the bracket) are Best Performance in SSI Sector: Metrochem API Private Ltd); Best Export Performance: ICON Accessories Pvt Ltd; Best R&D Effort: Prathista Industries Ltd; Best Woman Entrepreneur: Dr K. Prasuna, Proprietor of `S' Mushroom Agritech; Best Industrial Worker: (Mr K Ratna Chand, Production in-charge of Jayanarayan & Sons Engineers Pvt Ltd; Member of the Year: Mr N Sukumar, Director of Hyderabad Chemicals Ltd; and Outstanding Industrial Achievement: Mr P. Ravindra Reddy, Managing Director of Mtar Technologies Pvt Ltd.

Mr Rameshwar Thakur, Governor of Andhra Pradesh, would present the awards on September 21.

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