BEST INNOVATIVE PRODUCT

This category is open to all non-ferrous metal companies, which have innovated a product that can have positive implications on the non-ferrous metal industry. The judges will be looking at path-breaking innovations that can lead to increase in usage and also identify new business drivers for the metals or any other major improvement across the complete value chain of the non-ferrous metal industry. Under this category, award for the non-ferrous foundry, extrusion, rolling and forging sector or alloys are proposed.

Specific Judging Criteria:

  • Innovation
  • Impact on cost and/or quality (Economic viability)
  • Value addition & import substitution, if applicable
  • Impact on the industry
  • Expected trend in future
  • R&D investment as percentage of sales and profit
  • Company focus on nurturing creativity
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