ACI Awards 2022
Methodology
Auto Components India, the voice of the automotive suppliers, is immensely proud to announce the sixth edition of the Auto Components India Awards (ACI Awards 2022). The pioneering effort of the niche, widely followed B2B2C magazine has taken upon itself to identify and award the torch bearers of the USD 51.2 billion Indian auto components industry over the last half a decade. We especially look forward to building on the past momentum in these unprecedented times. Building on the rousing success of the previous edition held in February 2021, we once again seek your active participation and look forward to the automotive industry, as a whole, extending its full cooperation and support. As we near the sixth edition in May, 2022 (To be held In-magazine), we will soon start accepting the nominations for an edition that is bound to highlight the ‘Road To Recovery’ in the aftermath of the pandemic marred fiscal. You are requested to watch this space for the window to send in your entries as we look forward to acknowledging the stellar efforts put in. The wheel of innovation continues to spin faster and extend hope for a better future because of you the stakeholders of the industry.
Accounting for 2.3 per cent of India’s Gross Domestic Product (GDP) and 25 per cent of its manufacturing GDP, it is no secret that the industry, directly and indirectly, employs over three million people. The Indian auto components industry is now taking even bigger strides to attain higher localisation levels and turn India into a global hub of design, manufacture and sales. The ability of the industry to innovate and excel, keep pace with the latest technologies and practices, explore two-way bilateral ties to de-risk the supply chain makes it even more eligible to be crowned as the global sourcing hub for Original Equipment Manufacturers (OEMs). The impetus on streamlining the supply chains, localising the semiconductor chips and the Advanced Chemistry Cells (ACC) will continue to make headlines for the near term No surprises then, the Indian auto components industry is poised to become the third-largest in the world by 2025. The sixth edition of ACI Awards 2022 will honour the achievements of the strong and resilient Indian auto components industry under nine comprehensive categories as mentioned below:
■ Auto Components Leader Of The Year.
■ Component Manufacturer Of The Year.
■ Component Of The Year.
■ Shopfloor Management Of The Year.
■ Component Start-up Of The Year.
■ Green Application/Product Of The Year.
■ Auto Ancillary JV Of The Year.
■ Innovative E-Mobility Solution -
Supplier of the Year.
■ Export Component Of The Year.
■ Ancillary Of The Year
■ Supply Chain Management Of The Year
The Jury, comprising independent experts, internal and external to the Auto Components India Magazine will evaluate the nominations and single out the winners.
The evaluation process consists of the following steps:
1. An authorised officer of the manufacturer will duly fill the ‘Nomination/Application Form’.
2. The officer will build an effective winning case for the categor y he or she deems most appropriate. For the 500-word note, he or she, finding the space on the form insufficient, can use the respective company letterhead (duly signed) along with the form. The same will have to be submitted to Auto Components India.
3. Auto Components India will study the information received.
4. Auto Components India will assess each entr y to understand the merits of the winning case put forth. If need be, the Auto Components India team may carr y out an independent assessment to ensure that full justice is done to a deser ving entr y.
5. The Jur y will choose the winner from the cases/entries/ nominations received for the respective categor y through an in-depth evaluation of the cases/ entries/nominations in each of the 11 categories, sequentially.
Model of excellence
The merit of the cases/entries/ nominations will be evaluated by the excellence model tool. It is a the nonprescriptive framework that would recognise the approach towards excellence; towards the applicants’ soundness of approach; the rigour with which the approach was deployed, and if systematic assessment and review were integral to the process. The merit of the cases/entries/nominations will be also evaluated in terms of business excellence. It would look at the many approaches to sustainable excellence. The endeavour would thus be to ascertain how the applicant organisation fares in areas like:
■ Result orientation.
■ Customer focus.
■ Management by processes and facts.
■ People development and involvement.
■ Continuous learning, innovation and improvement.
■ Leadership and purpose.
■ Partnership development.
■ Societal responsibility.