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Business

Diffusion Engineers Wins India SME 100 Awards 2019

by Abhishek Tiwari July 19, 2019August 6, 2019
written by Abhishek Tiwari July 19, 2019August 6, 2019

Diffusion Engineers Limited (DEL) based out of Nagpur has won “India SME 100 Awards 2019”. This is the most prestigious award organized by Ministry of Micro, Small and Medium Enterprises, Government of India and DEL has emerged as winner among 34011 nominations from all over India.

The TOP 100 SMEs across industry sectors were chosen by very eminent Jury comprising of Prahlad Kakar, Advertising and Branding Guru, Dr. J. S. Juneja. Former Chairman & CEO, National Small Industries Corporation, Sunil Alagh Former MD & CEO, Britannia, Ajay Thakur, Head, BSE SME to name

Nominees were evaluated on the basis of both financial and non-financial indicators, The financial indicators included Growth Performance and Financial Strength while Non-financial indicators covered Innovation, International Outlook, People Capital and Corporate Governance. The Nominees scored and ranked in the evaluation stage formed the basis of the selection process which consisted of a 3 stage process of Elimination, Short-listing and Verification.

Diffusion Engineers Ltd. was the only company from Nagpur to be selected and one amongst the 20 winners from Maharashtra, Prashant Garg, Director of Diffusion Engineers Ltd. received the award from Nitin Gadkari, Hon’ble Minister of MSME, Government of India on June 27 at The Eros Hotel, Nehru Place, New Delhi organized by the Ministry of MSME, Government of India.

It is indeed a proud moment for all the employees of DEL to make it to the top. Prashant Garg was also selected as a panelist on How to do Sustainable Business and Maintains your Competitive Edge?

It was co-founded by N.K. Garg, current Chairman & Managing Director in the year 1982, and under his leadership it has grown to size-able proportions. Diffusion Engineers has pioneered the concept of Super conditioning in India. The path-breaking Super conditioning materials and techniques offered by the Company enormously enhance the life of worn out equipment and components. Diffusion offers a wide range of Lo Temp and Anti wear Alloys and Services to suit the reclamation needs of industries like Cement, Power, Sugar, Mining, Railways, Steel and Shipping.

Diffusion Engineers exports its Products and Services to more than 20 countries and has subsidiaries in 5 countries with increasing presence in SE Asia and Middle East. Diffusion Engineers has 4 manufacturing units in Nagpur and is further investing to increase its production capacity. It is committed to Nagpur and has been a front runner in carrying out various CSR initiatives in the region.

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