Danfoss Industries Pvt. Ltd was conferred with the prestigious Frost and Sullivan – 2017 India Building and HVAC Segment – LV Drives Enabling Technology Leadership Award under the category of novel developments in the Industrial Automation and Process Control Sector at the Frost and Sullivan 2017 India Best Practices Awards Banquet that took place at the ITC Maratha, Mumbai.
Speaking on the recognition, P.L. Palanisamy, Director – Sales, Marketing and Services, Danfoss Drives, Danfoss India said, “Danfoss has a high focus on innovation and we believe that innovation is key to engineering a better tomorrow. In this quest, we are constantly innovating new products and also improving and bettering our existing products. While the first HVAC drive from Danfoss is 3 decades old, we have pushed the barriers of innovation consistently and the latest HVAC drive was launched this year which further brings down the energy costs and is more energy efficient. It is heartening to get recognized for these efforts and a recognition from ‘Frost & Sullivan’ will encourage us to do more and more with less. We thank the Jury and look forward to working together with all stakeholders in building an efficient and sustainable HVAC Industry for Tomorrows’ India.”
30 years ago, Danfoss launched the world’s first dedicated HVAC Drive and today, after years of constant innovation, we are happy to launch the nextGen Danfoss HVAC Drives. As the resources available for energy consumption across industries are fast depleting, our Company is constantly focussed on engineering energy efficient technologies that cater to the technological needs of tomorrow’s India that will help our country grow in a sustainable manner. In this regard, the recognition from ‘Frost and Sullivan’ shall further motivate us to work towards bringing more value to the customer and creating greater standards in the HVAC sector in India and across the globe.”
The results were announced post an extensive analytical research process that sought to recognise the benchmark created by companies against the highest standards in the industry, through outstanding achievements and performance in a range of regional and global markets with superior leadership, technological innovation, excellence in customer service and strategic product development.
The final decision was undertaken by a list of eminent industry leaders such as Dr. Seshu Bhagavathula, Chief Technology Officer, Ashok Leyland Group, Mr. Sirish Batchu, Head – Advanced Electronics & Digitization, Mahindra & Mahindra Ltd, Dr. Sujit Chatterjee, Chief Executive Officer, Dr.. L.H. Hiranandani Hospital and Dr. Sandeep Garg, Chief General Manager, PEC Limited.
Various measurement parameters were applied in order to conduct a detailed study on each of the nominees on the basis of their company’s actual market performance in areas such as revenue growth, market share in the specific category and growth in market share, demonstration of leadership in new product innovation and introduction, major customer acquisitions, efficacy of innovation process and the product service value and positioning.
Danfoss Drives a world industry leader in energy & climate solutions, have been pioneers in the AC drives business since 1968. With over 5000 drives experts who are focussed on newer innovations, Danfoss technologies allow for maximised process control, drive down costs and minimized emissions. With over 2.5 million installed HVAC Drives (38 million in total), Danfoss is focussed on making its Drives - stronger and smarter, providing reliable operations even in the harshest conditions. The company invests over 4% of its global revenue in R&D and files 1 patent every day; to offer products of high quality, reliability and innovation that help deliver operational and energy efficiency in a varied range of industrial applications.
