Nov 18, 2006, 12.50 PM IST
The Department of Scientific and Industrial Research (DSIR) conferred its prestigious National Award for R&D Efforts in Industry (2006) to Audco India Limited (AIL) an associate company of Larsen & Toubro Limited and Indias leading manufacturer of industrial valves. The award provides recognition to the Companys outstanding R&D efforts in development of critical valves for nuclear projects and for the Indian Navy.
Mr. S S Chandilya, Chief Executive of Audco India Limited received the award from Dr. V Krishnamurthy, Chairman, National Manufacturing Competitiveness Council, during the 20th Annual National Conference on In-house R&D in Industry held at Delhi on November 16, 2006.
Earlier AIL had won the export award from the Engineering Export Promotion Council and the CNBC TV18 award for transitioning Small and Medium Enterprises.
AILs R&D efforts have helped the Company provide innovative solutions in flow control and establish itself as a major supplier of valves in international markets.
AIL valves are widely sold in the US, Europe, and the Middle East. Recently it completed sales of over 25000 thousand valves to a petrochemical plant in China. AILs wide range includes such specialized products as valves for cryogenic applications at temperatures as low as minus 196C. At its R&D set-up for product research, design & development, AIL designs valves in a 3-D environment using pro-engineer wildfire with parametric approach.
The National R&D award has been instituted by DSIR, Ministry of Science and Technology, to encourage Research and Development in industry. The DSIR also carries out activities relating to indigenous technology promotion, development, utilization and transfer.
