Lilliput Kidswear Ltd, the dominant player in the Kidswear industry walked away with the prestigious ‘SME of the Year Award’ and ‘Most Promising SME – Retail’ at the ‘CNBC TV18 and ICICI Bank’s ‘Emerging India Awards 2009′.
— Lilliput Kidswear Ltd, the dominant player in the Kidswear industry walked away with the prestigious ‘SME of the Year Award’ and ‘Most Promising SME – Retail’ at the ‘CNBC TV18 and ICICI Bank’s ‘Emerging India Awards 2009′. These Awards are India’s foremost initiative powered by the capability of shaping the future of Indian SMEs, and have been acknowledged as India‘s biggest business award by the Limca Book of Records. Lilliput won these two prestigious awards for its global competitiveness whose business practices are at par with global giants.
The ‘Emerging India Awards 2009′ salutes those entities that are geared up to take on the world and are elevating Indian Inc to the global village. The eminent jury, sieving through 300,000 applications, conducted a detailed national survey spread across the spectrum and awarded Lilliput the coveted ‘SME of the Year’ Award as an acknowledgment to its achievement. The Award was presented by the honourable Home Minister Mr. P. Chidambaram. Lilliput also won the ‘Most Promising SME – Retail’ for its distinction and growth in the Indian Retail industry.
Thrilled Mr. Sanjeev Narula, Managing Director, Lilliput Kidswear Ltd, said, “It is a moment of great pride and honour for us to have been judged as the ‘SME of the Year’ and ‘Most Promising SME – Retail’ by the most eminent jury. Our commitment towards the industry, consistent high-quality and diligent team has won us this acclaim. The awards bring along with it a greater responsibility and promise to excel in our stream.” He added, “These awards will help us gain better access to capital, technology, global markets and quality manpower”.
The ‘Emerging India Awards’ honored SMEs which are competent enough to develop a higher benchmark of excellence, which prove to be profound motivation to the next generation of SMEs, bringing them on par with top global organizations. The awards felicitated a total of 12 categories like Automobiles, auto ancillaries and engineering; IT Communication and Entertainment (ICE) and ITeS; FMCG, food and agri-based business; Textiles and apparels; Retail; Pharmaceuticals and chemicals; Gems and jewellery and others.
Source: Press release distribution via India PRwire
Notes to Editor
Lilliput Kidswear Ltd. was incorporated in 1991 by the dynamic visionary Sanjeev Narula to export world class kidswear. With the opening of its first retail store in April 2003, it has rapidly grown and is now one of the largest Kidswear groups in India. Besides India where Lilliput has a large number of 225 stores, Lilliput has its presence in Kingdom of Bahrain, Cairo, Egypt, Riyadh, Saudi Arabia, Quwait, Shanghai, China and Orisa & Moldova, Ukraine, Sultanate of Oman, Yemen and Nepal and a turnover of Rs 310 crores in FY 08-09. Throughout the range of their products, the quality is maintained at a consistent level to ensure optimum care for their sensitive customers. Lilliput has a strong workforce of 7000 people in more than 150 cities throughout the country. In Exports, Lilliput is very active in Europe; The USA, and other countries. Lilliput partnered with private equity firm INDIVISION in October of 2006. INDIVISION is the financial arm of Future group.
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Pushpanjali Singh (Associate)