STPL Bags "FICCI Platinum Level Quality Systems Excellence Awards for Industry"

Continuing its saga of receiving recognition for innovative excellence, Surat based STPL, a global giant in the diamond industry related technologies, has now received the "FICCI Platinum Level Quality Systems Excellence Awards for Industry".

The prestigious awards, in its 6th edition, were presented to the winners at a FICCI conference on 'Sustainable Industry Growth through Quality Systems'. The awards were presented by Ms. SurinaRajan, the Director General of the Bureau OF Indian Standards (BIS).

The FICCI Quality Systems Excellence Awards were presented to 11 companies in large, medium and small categories in construction, power, mining, and manufacturing along with giving away the Certificate of Appreciation to 17 companies in the three categories. STPL stood a winner with a Platinum Level recognition in a fierce competition, in which stalwarts like Honda, HUL, L&T, and Siemens were also in the fray.

The awards recognize excellence in the field of innovation and standards in safety and performance, ingrained in the value system.

Especially mentioning the innovative excellence achieved by STPL, Ms. Rajan said, "STPL, though being a mid size company, has set an example for the entire industry to follow." In her address, she underlined the need to evolve and promote quality standards that are realistic and implementable, address technology gaps and skilling issues to make Indian products of world-class quality.

STPL has been successful in developing value based, quality processes for product development. Adhering to the international standards, the company has creatively integrated values in the processes in such a way that diamond industry is able to achieve global excellence using the products of STPL.

In a video message to the participants, Mr. Suresh Prabhu, Union Minister for Commerce & Industry and Civil Aviation, congratulated the award winners and said that quality must be the cornerstone for all output and realization of better value for products.

Mr. Ajay Shankar, Former Member-Secretary, National Manufacturing Competitiveness Council (NMCC), Mr. DilipChenoy, Secretary General, FICCI and Mr. Shyam Bang, Chairman, Accreditation Board for Certification Bodies (NABCB) & Chairman, FICCI Taskforce on Manufacturing Excellence, were other notable dignitaries who graced the ceremony and addressed the eminent audience.

Mr. Bhargav Kotadia, Executive Director, STPL said, "Creating a value adding and quality driven innovation processes is what STPL is known for. As a pioneer of laser technology and trendsetter of the diamond industry, we are engaged in developing and delivering excellence that can help Indian products stand out at the global level."

Mr. Rahul Gaywala, Chief Executive Officer, STPL said, "Recognition from a prestigious national level institution like FICCI is certainly a great pride for us. At STPL, we have always strived to integrate values in the process of innovation and excellence as our innovations are aimed at solving larger problems of the industry. We believe in setting standards that can bridge the technology gaps and increase the quality and quantity of the products. It is heartening to see that FICCI jury has appreciated our approach."

Established in 1993, STPL develops advanced technological solutions for the diamond industry. Today, STPL is the only company in the diamond industry of the entire world, which develops total technology solutions for all processes of diamond manufacturing, such as diamond analysis and planning, diamond cutting, blocking, and all processes to safe-diamond trading.

As a trendsetter of this industry, STPL has developed laser diamond cutting technology for the first time in India. Modern technology solutions of STPL lead laser technology and ensure more production at a lower cost. With the broad range of technologies and values-based approach, STPL has created a unique and formidable identity in the diamond processing industry.