UltraTech Cement reinforces leadership position

Saturday, 14 November 2015 00:00 - - {{hitsCtrl.values.hits}}

UltraTech Cement Ltd., a part of $ 41 billion Aditya Birla Group and a major player in the global Cement industry, for the third year running has topped India’s Nielsen Corporate Image Monitor 2014-2015, continuing to occupy the uppermost position.

The Group, which is in the ‘League of Fortune 500’ has topped India’s Nielsen’s Corporate Image Monitor for the third time, succeeding and emerging as ‘Best in Class’ across the six pillars of Corporate image, namely; Products and Service Quality, Vision and Leadership, Workplace Management, Financial Performance, Operating Style and Social Responsibility. This is an imperative testament to UltraTech Cement Ltd.’s ‘Group brand, governance standards, transparency, customer primacy and CSR engagement’.

UltraTech Cement Lanka Ltd. Chief Executive Officer Kiran Redkar said, “Continuing to occupy the top position of Nielsen’s Corporate Image Monitor for the third consecutive year speaks volumes with regards to the Group’s reputation as a market leader in the cement industry, on both a global and local level. It is a testament to our dedication in providing Sri Lanka with UltraTech Cement’s superior products and services. We hope that this achievement for the Group as a whole will trickle down to our operation within Sri Lanka and reinforce our customers’ beliefs regarding our insurmountable reputation as the pioneer cement provider in the country, not only on a large scale but also for private home builders.

“Especially due to the expected surge in demand for cement in Sri Lanka, with new rehabilitation and infrastructure activities in pipeline, UltraTech Cement Lanka is more than geared to enhance the Sri Lankan cement industry.”

UltraTech Cement Lanka Ltd. is a subsidiary of UltraTech Cement, India, which is part of the renowned Aditya Birla Group. UltraTech Cement ranks 1st in the Cement sector with INR 206,088.4 million, Net Profit of INR 21,444 million and Net worth of INR 170,065.9 million in the list of India’s top 500 companies The company has 12 integrated plants, 1 clinkerisation unit, 16 grinding units, 6 bulk terminals, 1 white cement plant, 2 Wall care putty plants and 101 RMC plants – spanning India, UAE, Bahrain, Bangladesh and Sri Lanka.

Nielsen’s Corporate Image Monitor survey measures the reputation of 42 leading companies in India across several sectors, being conducted among policy makers, media, NGOs, financial community, investors, corporate executives, corporate elites, talent pool, and the general public, with a total sample size of 2,000 people. The findings of the survey serve as an important indicator of the strength of the corporate brand, providing UltraTech cement with the ultimate testament of their high performance-driven and innovative etiquette.