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This is an archive article published on July 12, 2010

Everest Industries bags ICWAI award again

Everest Industries Bags ICWAI Award for Excellence in Cost Management.

Everest Industries has received National Award for Excellence in Cost Management from Institute of Cost and Works Accountants of India (ICWAI) for their Lakhmapur works,Nasik,Maharashtra. Everest received this award under ‘Private Sector- Manufacturing (Medium) category.

The particular category was applicable only to those manufacturing units in private sector whose turnover was less then 1000cr. per annum.

The award was presented by Salman Khurshid,Ministry of Corporate Affairs to M. L. Gupta,Managing Director,Everest Industries Limited.

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As a leading professional institute in India,specialized in the field of Management Accountancy ICWAI is presenting the ‘ICWAI National Award for Excellence in Cost Management-2009’. A high profile Jury members led by the former chief Justice of Supreme Court of India,Justice J S Verma,chose the winners after the comprehensive selection process.

Lakhmapur Works (LW) established in the year 1994-95,is about 35 kms away from holy city of Nashik. It has advanced manufacturing facility for manufacturing AC Corrugated roofing sheets,Flat Boards,Compressed Boards,and Solid Wall Panels.

On this occasion M.L Gupta said,“It’s an honor to be a part of this ceremony and with every passing year we are witnessing more and more cost effectiveness being embedded in our work system,we hope to achieve this effectiveness in every production facility of ours in India.”

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