Murugappa Group’s Tube Investments, retail lender Shriram City Union Finance, The Salem Aeropark - Aerospace Engineers, and SASTRA Deemed University, Thanjavur, are the winners of Madras Management Association’s Managerial Excellence Award 2019.

The award is focussed on excellence in managerial thinking, action and demonstrable results and is designed to recognise and reward companies and institutions having their corporate office within the southern States. The 18th MMA Awards for Managerial Excellence were presented at a glittering ceremony here on Friday.

Tube Investments of India won the award under the manufacturing sector category while Shriram City Union bagged the award for services sector. The Salem Aeropark - Aerospace Engineers and SASTRA Deemed University won the award under Small and Medium Enterprises and educational institutions category, respectively.

Kamal Bali, President & Managing Director of Volvo Group and the Chief guest for the event, said that one new job in the manufacturing sector will lead to addition of 2.5 jobs in upstream and downstream industries and stressed the need to increase the share of manufacturing sector to India’s GDP.

R Sundaram, Founder & Managing Director of The Salem Aeropark – Aerospace Engineers Pvt Ltd, narrated the journey of his company becoming one of the most unique and vibrant defence SMEs in the world.

The award winners also made presentations showcasing the journey, vision, challenges faced in their respective field and the solutions that worked for them.

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