Quotes with Resistance & Support
Market Information

Rane Engine Valve wins Volkswagen Group Award for 2008

This article was posted on Jun 9, 2008 and is filed under Press Releases

Rane Engine Valve Ltd (REVL) the flagship company of the Rane Group, that produces engine valves and tappets, has won the prestigious ‘Volkswagen Group Award 2008’ for Rane Engine Valves’ achievement as one of their most important business partners. Volkswagen awarded 15 global suppliers with the award and REVL was the only Indian company to receive this honor.

Prof. Dr. Martin Winterkorn, Chairman of the Board of Management of Volkswagen Aktiengesellschaft and Mr Francisco. J Garcia Sanz, Board Member responsible for Procurement of Volkswagen Aktiengesellschaft presented the award to Mr L Ganesh, Chairman, Rane Group at a function held recently at Ibiza, Spain.

Accepting the award, Mr Ganesh said: “REVL has been one of the leading exporters of auto components from India. We are very proud to be recognized as one of the 15 top vendors of Volkswagen worldwide. I believe this the first and only recognition of any Indian supplier. Earlier in 2003 it was the only non German supplier to win an award from Deutz, Germany. The company is poised to grow significantly as a global supplier with such customer awards”.

Volkswagen Group Award recognizes its suppliers who, by their steadfast dedication, determination and sustained focus on achieving the very highest standards, allow Volkswagen to deliver excellent value and quality to its customers. Moreover, this award recognizes REVL’s special entrepreneurial performance, reflected through its constant reliability and sustainable partnership with the Volkswagen Group.

Commending REVL’s special entrepreneurial performance, the certificate mentions that the success story between REVL and the Volkswagen Group had begun even before the potential of the Indian automotive and supplier market became a hot topic. REVL has been supplying Volkswagen Group factories since the mid-1990s. Moreover, REVL has been the integral part of the switchover from unit injector to common rail diesel technology, and has proven to be a competent and future focused partner for Volkswagen in terms of competitiveness, technology and quality.

Sourced From: Sampark Public Relations Pvt Ltd

Tags: , , , ,

Similar Posts:

Breakouts

+ve 30 DMA    50 DMA    150 DMA    200 DMA
-ve 30 DMA    50 DMA    150 DMA    200 DMA

Latest Query

Samrudhiglobal.com wishing you and your friends and family Advance xmas and Happy New year...view more »
- by Sam
Status: Awaiting reply

Market Stats

Search Our Archives

Latest Investment Idea

Recent Comments