Sterlite Copper wins CII Kaizen Competition award

Top Quote Sterlite Industries India Limited (SIIL) is the principal subsidiary of Vedanta Resources plc, a diversified and integrated FTSE 100 metals and mining company, with principal operations located in India and Australia. End Quote
  • (1888PressRelease) September 30, 2012 - Sterlite Copper has bagged a prestigious award in the Kaizen competition organised by Confederation of Indian Industry (Southern Region) on Wednesday.

    The award was received by the Refinery team of Sterlite Copper from Mr.C.Narasimhan , Advisor, M/s.Sundaram Clayton Ltd in a function held at Chennai. 55 companies presented 121 Kaizen projects in the competition and the Refinery Operations project of Sterlite Copper won the award in the Process Industry category.

    Kaizen (Japanese for "improvement" or "change for the better") is a philosophy or set of practices that focus on continuous improvement of processes in manufacturing, engineering, supporting business processes, and management. The Kaizen concept stimulates productivity improvement as an ongoing process in companies. The Kaizen Competition of CII Southern Region is organized every year to recognize and encourage member companies which give importance to continuous improvements through Kaizens.

    "Over the years, organizations have been successfully practicing Kaizen for excellence. Many Indian organizations have realized that the basic imperatives to survive in today's competitive environment need Kaizen-Continuous Improvement. It is a great honour for us to receive the award. It stands testimony to various positive standards shown by Sterlite on a continuous basis for continual improvement," said Mr.K.Pankaj, Vice President, Operations, Sterlite Copper on the achievement.

    For further information, please contact:

    Head - Public Relations
    Sterlite Copper ln.balakrishnan ( @ ) vedanta dot co dot in
    Tel: +91 461 424 2926

    This press release contains "forward-looking statements" - that is, statements related to future, not past, events. In this context, forward-looking statements often address our expected future business and financial performance, and often contain words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "should" or "will." Forward-looking statements by their nature address matters that are, to different degrees, uncertain. For us, uncertainties arise from the behaviour of financial and metals markets including the London Metal Exchange, fluctuations in interest and or exchange rates and metal prices; from future integration of acquired businesses; and from numerous other matters of national, regional and global scale, including those of a political, economic, business, competitive or regulatory nature. These uncertainties may cause our actual future results to be materially different that those expressed in our forward-looking statements. We do not undertake to update our forward-looking statements.

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