"Winning the Prime Minister's Trophy for our Vijyanagar facility is a matter of great pride for us and reinforces our commitment to pursue excellence in all our endeavours," JSW Steel's Deputy Managing Director Vinod Nowal said in a statement today.
Based on the overall performance and on a set of criteria like operational, financial, market, export, quality, customer satisfaction, environment and human resource, the award is given annually by the Prime Minister of India and carries a trophy along with a cash prize of Rs 2 crore.
This is for the first time JSW Steel would be awarded with the trophy. The prestigious award will be conferred by Prime Minister Narendra Modi at a ceremony to be held here on a later date.