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Tata Motors bags ICWAI award

Mumbai, July 4

Tata Motors has won the national award for excellence in cost management for the year 2006, conferred by the Institute of Cost and Works Accountants of India (ICWAI). Tata Motors bagged the first prize in the manufacturing category in the private sector. A high-profile 17-member jury led by the former Chief Justice of India, Mr J.S. Verma, chose the winners after a comprehensive selection process. The criteria for selection were better practices for resource management, ef ficient utilisation of capacity and working capital, quality augmentation programme and R&D efforts and precise information on performance.

— Our Bureau

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