Sri City, September 26, 2023:- At the 6th edition of The Economic Times Edge conclave, held on Monday evening in Mumbai, Sri City was recognised as one of “Iconic Brands of India” for the year 2023, thereby adding yet another achievement to its outstanding list of accomplishments. Dr. Mylswamy Annadurai, a former Distinguished Space Scientist of the Indian Space Research Organisation (ISRO), who headed the Chandrayaan-1 project, presented the trophy to Mr. Satish Kamat, President (Operations), Sri City.
The panel of judges selected Sri City as the award recipient for its status as a distinguished Indian brand that has gained international investor attention based on its own accomplishments, rather than relying on foreign brands. Further, Sri City’s commendable sustainability strategy, aimed at enhancing the local quality of life, fostering socio-economic growth, safeguarding the environment, and preserving natural resources, further solidified its deserving recognition.
Expressing his happiness on the achievement Dr. Ravindra Sannareddy, Founder Managing Director of Sri City said, “The award serves as a motivation to continue our efforts towards achieving greater successes. Sri City has grown as a prominent hub for business in India, gaining recognition as one of the top ten manufacturing zones in the country. It personifies the essence of the ‘Make in India’ initiative by substituting foreign imports with domestic production and exports across industrial sectors,” Dr. Sannareddy said, crediting this achievement to his entire team.
The Economic Times Edge event brought together the most iconic brands that have global traction for their commitment to excellence, and in the process, are carving out a distinct identity for themselves. Besides Sri City, other well known brands which were recognised include ICICI Bank, Indian Oil Corporation, ITC, JSW Jindal Steel, Lodha, Pedilite, Finolex, Frooti, ACC, Britannia, Cafe Coffee day, Cholamandalam Finance, Bajaj Allianz, to name a few.