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Godrej & Boyce receives two CII-EXIM Bank Awards 2021 for Business Excellence

~ The CII-EXIM award promotes competitiveness and excellence among the Indian Industry by recognizing the outstanding practices made by businesses.


Mumbai, 1st December 2021: Godrej Precision Engineering and Godrej Construction, the businesses of Godrej & Boyce, the flagship company of the Godrej Group, were felicitated with the CII-EXIM Bank Award for their outstanding & sustained progress towards achieving business excellence. The CII-EXIM Award is the most prestigious award in India for excellence that is instituted jointly by the Confederation of Indian Industry and Export Import Bank of India.

Godrej Precision Engineering is the first business within G&B and in Indian industry to be awarded the Business excellence award under the new EFQM-2020 model and has showed sustained performance to bag it consecutively for the second year. The award was presented to Godrej Precision Engineering for achieving excellence in its overall business practices like New product development, TPM culture, growth through Kaizen, Innovative processes, Good & Green initiatives, and Customer Centricity.

Godrej Construction is acclaimed for its sustainable and exemplary business practices under the CII-EXIM Bank Award 2021 making it the very first company in the Indian Real Estate and Construction Industry to achieve this feat. This business of Godrej & Boyce was awarded for its, Process Management System, Stakeholders Focus, Lean Construction Practices, People Orientation initiatives, Industry Leadership Capabilities, Value Creation Approach, Focus on circular economy, alignment towards SDG goals and Environment & Community Support.

Commenting on being felicitated Anup Mathew, Sr. Vice President & Business Head, Godrej Construction, said“At Godrej Construction, we are committed to building a long-lasting, value-driven relationship with our customers and other key stakeholders. We continually endeavor to implement better processes and systems in the Construction & Real Estate Sector. We are indeed delighted and humbled to receive this award. It is an affirmation of the consistent effort made by our team members and business partners. We will continue to do our best to help build and promote the development of a more sustainable built environment, for a better future.”

Sushil Agarkar, AVP & Business Head, Godrej Precision Engineering said, “To become an industry leader in building equipment for mission-critical applications, it is essential for us to focus on our creativity and innovation, technical knowledge, skills and operational excellence. We are delighted to be honoured with the most prestigious award, twice in a row. This recognizes our capabilities in practicing excellent business processes. We are committed to continue delivering innovative and technology intensive solutions to our clients.”

About Godrej & Boyce
Godrej & Boyce (‘G&B’), a Godrej Group company, was founded in 1897, and has contributed to India’s journey of self-reliance through manufacturing. G&B patented the world’s first springless lock and since then, has diversified into 14 businesses across various sectors from Security, Furniture, Aerospace to Infrastructure and Defence. Godrej is one of India’s most trusted brands serving over 1.1bn customers worldwide daily.
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For further information, please contact:
Priya Shetty

Ankita Daniel

Zainab Najmi