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CII-EXIM Bank Award

TCIL has bagged Commendation Certificate for Strong Commitment to TQM of CII-EXIM Bank Award category. Mr. B. L. Raina, MD, TCIL received this ward on Tuesday, the 4th of November 2003, during the Inaugural Session of the 11th Quality Summit at the Indian Institute of Science (Tata Auditorium), Bangalore.

This Award for Business Excellence, instituted jointly by the Confederation of Indian Industry and Export Import Bank of India in the Year 1994, is the most prestigious award in India for Business Excellence that an Indian company can receive.

The Award was established to promote the awareness of business excellence as an increasingly important element in competitiveness. Not only does it recognize excellent business, the Award also increases the understanding of the elements critical for business excellence. To accomplish this, the Award promotes information sharing of successful performance strategies and the benefits derived from pursuing these strategies.

There are four levels of recognition, starting from the commendation certificate for strong commitment and going up to the award. These levels are:

CII-EXIM Bank Award for Business Excellence is presented to the organization judged to be best prize winner and a ‘Role Model’ of excellence in management in India.

Prizes are awarded in each category to Organizations that demonstrate excellence in the management of Quality as their fundamental process for continuous improvement – the leaders in their respective category.

Commendation certificates are given to organizations which have made good progress on their journey of TQM but fall short of the level of excellence set for Prize Winners. There are two levels of commendation certificates.

  • significant achievement on the journey towards Business Excellence.
  • strong commitment to Total Quality Management on the journey towards Business Excellence. (This level is lower than the achievement level).

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