India is at a decisive point in its journey towards prosperity, marked by a rebound in the manufacturing industry over the last 16 months. India’s GDP grew at an impressive 7.6% in the September quarter of 2023-24, surpassing the RBI’s estimate of 6.5%. This growth, fueled by the manufacturing and construction sectors, signifies a strong economic recovery in Asia’s third-largest economy, despite persistent challenges and geopolitical complexities.
Leading the forefront in the manufacturing landscape are companies that have strategically navigated challenges, transforming their competitive standing and earning recognition as the Most Preferred Workplace in Manufacturing for 2023-24. These companies, known for their ingenuity and innovation, have optimised their sourcing and manufacturing footprints, enhanced employee satisfaction, and created a talent pool as a strategic advantage.
The recognised companies for crafting an exceptional workplace experience include:
- Ajanta Pharma
- AJAX ENGINEERING PVT. LTD.
- Amway India Enterprises Pvt. Ltd
- ASTRAL LIMITED
- Ather Energy
- Century Extrusions Limited
- Crompton Greaves Consumer Electricals Limited
- HIKAL LIMITED
- INTERVALVE POONAWALLA LIMITED
- Luminous Power Technologies
- M J Biopharma Pvt.Ltd.
- Meril Life Sciences
- MG Motor India
- Neo Metaliks Limited
- NRB Bearings Limited
- Nuvoco Vistas Corp. Ltd.
- PharmaZell (India) Private Limited, An Axplora Company
- Rossell Techsys
- Runaya Refining LLP
- Schaeffler
- Sigma Engineered Solutions
- Spartan Engineering Industries Pvt. Ltd
- TATA BlueScope Steel Ltd
- UFlex Limited
- VIRAJ PROFILES
Organised by Team Marksmen, this exclusive platform is an industry-driven initiative that recognized these companies after an industry-wide consumer study conducted by Leadcap Market Research. The study focused on key parameters, including Compensation and Benefits, Employee Engagement, Diversity, Equity, & Inclusion, Safety & Security, and Skilling & Upskilling.
The event also featured insights from industry speakers, including Santanu Ghoshal, CHRO, Schaeffler; Gaurish Wagh, Global Talent Management & Change Leader, Global Invest Bank; Manisha Kelkar, Chief Human Resources Officer, Nuvoco Vistas Corp. Ltd.; and other experts.
Rajesh Khubchandani, Co-Founder and CEO of Team Marksmen Network, expressed that elevating the workplace experience is not just an investment but a compass guiding the organisation towards industry leadership and societal impact. According to him, few epitomise this better than the Most Preferred Workplaces of Manufacturing for 2023-24.
