Indo-American Chamber of Commerce honours Hewlett Packard as the Overall Best Company at 7th Indo-American Corporate Excellence Awards (I-ACE)

Mumbai, 1stJuly, 2011: The Indo-American Chamber of Commerce (IACC), the only bi-lateral Chamber of Commerce in India, formally honored Hewlett Packard (HP) India Ltd., as the Overall Best US

Company in India at the 7th Indo-American Corporate Excellence Awards (I-ACE) held at Hotel Trident, Nariman Point in Mumbai also commemorating the American Independence Day. The chief guest at the

event was Mr.ShashiRuia, Chairman, Essar Group. The event witnessed the creme da la crème of

India and U.S‟ Corporate and entertainment world commemorating the American Independence Day.

The opening welcome remark was provided by Mr. Pradeep Udhas, Regional

President, IACC, WIC followed by an addressing note by Mr.ShashiRuia,

Chairman, Essar Group.

Dr.L.S.Kanodia, Chairman, I-ACE Awards while introducing the awards

said, “Both India and U.S play a significant role in today‟s global arena. In this regard, IACC has played a fundamental role to promote and strengthen

Indo-US trade and business relationships for over 40 years. Through

continued trade and investment between businesses and entrepreneurs,

and through improved collaboration and coordination between our

governments, we will address many

common challenges and achieve shared goals, ultimately leading to improved

economic well- being for the citizens of both countries.”

Neelam Dhawan, Managing Director, Hewlett Packard India on being awarded as the Overall Best Company commented, “Recognizing HP

as the best U.S Company in India for 2011 is a wonderful testimony to the hard work and contributions made by our employees and the support and

trust we have received from our customers and partners. The Indo-American Chamber of Commerce is the premier organization contributing to

the growth of bilateral ties between India and US. In an increasingly global

economy, there is a need to foster even greater trade and economic ties between the US and India and the I-ACE Awards is an excellent initiative in

this regard. It is a privilege to receive this award and I wish IACC even greater success in the future.”

Names of winners from

other categories are:

1. Financial Services: Best U.S

Company in India: Wells

Fargo & Co.

2. Technology,

Communications and

Entertainment: Best U.S

Company in India: Genpact

3. Manufacturing: Best U.S

company in India: Owens

Corning

4. Best NGO: United Way of

Mumbai

5. Other Services: Best U.S

Company in India: Aon

Global insurance Brokers

Pvt Ltd

6. Technology,

Communications and

Entertainment: Best Indian

Company in U.S: Aegis

7. Manufacturing: Best Indian

Company in U.S: Welspun

8. FMCG: Best U.S Company in

India: Procter & Gamble

Legendary filmmaker Yash Chopra took the opportunity to comment on the

Indo-US relations. He said, “I would like to take this opportunity to congratulate the Americans on their Independence Day that IACC is celebrating today. India

and U.S have wonderful relations as far as films are concerned. Bollywood has

always been inspired by Hollywood. In India, not only films but every aspect of the entertainment industry is making a mark in the world today. Very soon India

will celebrate 100 years of film making in India”.

On the occasion, Mr. David Tyler, Chief-US Consular Section said, the relationship between two

nations is stronger and deeper than it has ever been. As we observe American Independence day today, we

celebrate the shared values of both the economies. Tonight we are here to recognize the companies for

the work they have done in contributing to both the

economies. They have done a great job in terms of providing jobs, which in turn provides income to the

families and the education for their children.”

The event had a high-profile guest list comprising of well-known personalities like

Yash Chopra, AlyquePadamsee, Gulshan

Grover, ShamaSikander, and various industrialists, business leaders, members from

the U.S Consulate, and IACC members. Performances by stand-up comedian Adnan

Nalwala and Jugalbandi from music maestros MukulDongre and SatyajitTalwalkar, kept the

audience captivated with the proceedings of

the evening.

Quotes from the winners of 7th Indo-American Corporate Excellence Awards

Category - Overall Best: Best U.S Company in India - Hewlett Packard India Ltd

Neelam Dhawan, Managing Director, Hewlett Packard India “Recognizing HP as the best U.S Company

in India for 2011 is a wonderful testimony to the hard work and contributions made

by our employees and the support and trust we have received from our customers

and partners. The Indo-American Chamber

of Commerce is the premier organization contributing to the growth of bilateral ties

between India and U.S. In an increasingly global economy, there is a need to foster

even greater trade and economic ties

between the US and India and the I-ACE Awards is an excellent initiative in this regard. It is a privilege to receive this award and I wish IACC even greater success in the future.”

Category - Technology, Communications and Entertainment: Best U.S Company in India- Genpact

Tiger Tyagarajan, President & CEO, Genpact. “We are honored to receive the award for the Best US Company operating in India in the Technology

Sector at IACC‟s 7th Indo American Corporate Excellence Awards for our human capital practices, corporate citizenship and contribution to the growth of Indo-US business. As a global company we

believe that these practices build strong organizations and contribute to the overall development of the country, we live and work in. As an industry pioneer, Genpact is especially proud of its contribution to the

economic growth of India. These awards are excellent initiatives, which recognize corporate excellence

and benchmark industry practices.”

Category - Technology, Communications and Entertainment: Best Indian Company in U.S - Aegis Ltd. AparupSengupta, MD & Global CEO, Aegis Ltd.

“We feel privileged to receive the prestigious award

of Best Indian Company operating in U.S under the Technology Sector from Indo-American Chamber of

Commerce (IACC). This award is a testament of our belief to be the Experience Managers, providing

right balance between cultural affinity, best

practices and optimum costs. In North America, we started small as a team of less than 700 people.

Today, in last five years, this team has grown to more than 4,000, with centers operating in nine

locations across North America. We are proud of

Aegisities in America‟s who not only power the consumer interactions for some of the largest fortune firms, but also further Aegis cause in local

communities and to the environment. Recognitions like these spur us to achieve greater heights. I humbly accept this award on behalf of 55,000 Aegisites across the world.”

Category - Best NGO: United Way Mumbai Jayantishukla, Executive Director, United Way Mumbai

"It is an honour and privilege for United Way, Mumbai to be

recognized by the IACC for the work we are doing as a community impact organization. It gives us added pleasure

to be placed at par with other award winners- past and

present- many of whom are major multinational corporates. We are already recognized by the corporate sector and our

fellow nonprofits as a preferred partner for work place campaigns, community program managers and for

volunteering opportunities. Now, as the official charity partners for the Standard Chartered Mumbai Marathon, Asia's biggest sporting and philanthropic

exchange event, we have consolidated our position as a change agent for community impact and building

sustainable communities.”

Category - Financial Services:

Best US Company in India in FMCG – Procter & Gamble Mr. Tapan Buch, Director, Finance.

Best Indian Company in US in Manufacturing – Welspun. Mr. Akhil Jindal, Director, Corp Affairs.

Best U.S Company in India- Wells Fargo India Solutions

Aveek Mukherjee, Managing Director, Wells Fargo India Solutions “We are extremely proud to receive this recognition. For us,

this is an added motivation as we continue on our journey towards excellence in all spheres. „People as a competitive advantage‟ is a core principle for us at Wells Fargo, and

receiving this award for our human capital management and corporate social initiatives is a reiteration of our alignment to

the same. We have, in our small way, made a difference in the communities that we operate in and we are happy that

these efforts have been recognized in this forum. I extend my

wishes to the Indo –American Chamber of Commerce for all that they are doing to promote and propagate Indo-US trade and relations.”

Category - Manufacturing: Best U.S Company in India- Owens Corning India Ltd. Mr. Satish Kulkarni, Managing Director, Owens Corning India

“We are happy that we have been recognized for our work in India over the years. We see great opportunity with help of IACC which is doing a good job of promoting

Indo-American business, trade and economic relations,

for Owens Corning to strengthen its activities in India both for the its Composites Systems and Home Building

Systems.”

Category - Other Services: Best U.S Company India- Aon Global Insurance Brokers Pvt Ltd. Mr.PrabodhThakker, Chairman, Aon Global Insurance Brokers Pvt Ltd.

“I would like to thank the Indo-American Chamber of

Commerce for presenting us the Award for the Best U.S. Company in India. It is indeed a privilege for Aon Global

Insurance Brokers to receive this prestigious Award. I

must also thank my collaborator, Aon and each and every employee at “Aon Global” who has worked hard to

achieve this Award. We strongly believe that the IACC is doing a great job of promoting trade and business

between two great countries – India and America. We are

deeply encouraged by this recognition and would once again like to thank you for the same.”

Some of the past winners of the prestigious I-ACE awards are Whirlpool Ltd, Western Union Services, Cushman & Wakefield, Goodrich Aerospace Services Pvt. Ltd, AmeriCares, DSP Merrill Lynch, Virtusa

India Pvt. Ltd., Monsanto India Ltd, IBM India, JP Morgan Bank Chase N. A Group, Microsoft Corporation India Pvt. Ltd., Ups Jet Air Express Pvt. Ltd., Cisco Systems, Max New York Life Insurance, Cisco among

other organisations.

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Mr. Pradeep Udhas, President , IACC WIC & Mr. Shailendra Singh, MD, Percept Limited

Ms. Ritisha, Emcee for the evening

Mr. Adnan Nalwala, Stand Up Act

The lucky winners for the evening