In order to encourage manufacturers in India, the ASSOCHAM on August 22, has awarded the deserving states from different regions of the country.
The Chief Guest of the event, Kiren Rijiju, MoS, Ministry of Home Affairs, felicitated the awards to the awardees.
The awards were conferred under four categories. The awards were given to the states or union territories , which have shown excellence or potential in manufacturing, and also contributing in the nation building through employment generation, GSDP, industrial activity, and revenue.
Keeping in consideration the different geographical, climatic, topographical, availability of natural resources conditions, distinct awards were also given to Himalayan and North-East Region. The states that were awarded were:
Best State in Manufaturing Excellence: Karnataka
Best State in Manufaturing Excellence: Maharashtra
Best State in Manufaturing Excellence in Himalayan Region: Himachal Pradesh
Best State in Manufaturing Excellence in the Northeast region: Assam and Tripura
Congratulations!
Manufacturing Excellence Awards to four States: #Assam, #Tripura, #HimachalPradesh, and #Karnataka pic.twitter.com/G9KL6qIBSc— DigitalAssocham (@DigitalAssocham) August 23, 2017
The best states were awarded on the basis of several economic and social indicators including, but not limited to, growth rate in the number of industries, labour productivity, efficiency, capacity utilisation, return on capital, manufacturing process ratio, share of manufacturing in GSDP, value addition etc.
