IEI Industry Excellence Award 2022 given by the Institution of Engineers (India)

IEI Industry Excellence Award 2022 was given to national miner NMDC. Institution of Engineers was incorporated under Royal Charter in 1935. DetaiIs of EI Industry Excellence Award 2022 given below.

Table of Contents

IEI Industry Excellence Award 2022 UPSC Exam

IEI Industry Excellence Award: Institution of Engineers (India) awards are given to promote eco-friendly, economic and efficient way of functioning in the Industry. IEI Industry Excellence Award is important for UPSC Prelims 2023 Exam and UPSC Mains Exam (GS Paper 2- Governance Initiatives to Promote Various sectors in the country).

IEI Industry Excellence Award 2022 in News

Recently, National Miner NMDC won the coveted IEI (Institution of Engineers, India) Industry Excellence Award 2022 on Friday 16th December,2022 in Chennai.
The largest producer of iron ore in the country was felicitated at the 37th Indian Engineering Congress for its outstanding performance and high order of business excellence.
On behalf of NMDC, Chief General Manager (IE&MS) NRK Prasad received the award from the Minister for Higher Education, Government of Tamil Nadu Dr K Ponmudy.

IEI Industry Excellence Award

The Institution of Engineers (India) awards the Industry Excellence Award after reviewing-
- The business operations,
- Financial performance,
- Environmental performance,
- Research and development,
- CSR and corporate governance policies of a company.
With an eco-friendly, economic and efficient approach, NMDC is taking up transformational projects to retain its domestic leadership and foray towards becoming a global mining company.

Institution of Engineers (India) [IEI]

Background: Institution of Engineers (India) was incorporated under Royal Charter on 9th September, 1935 by the then His Majesty of King George V.
About: IEI is the largest multi-disciplinary professional body of engineers, established in 1920 with its Headquarters located in Kolkata.
Mandate: The Royal Charter endowed the Institution with the responsibility to promote the general advancement of engineering amongst its members and persons attached to the Institution.
Legal Status and Administration: After Independence, the Institution is a “Body Corporate” protected under Article 372 of the Constitution of India.
- The Institution of Engineers (India) is administered by a National Council with the President as its Head.
Recognition: IEI has been recognized as Scientific and Industrial Research Organization (SIRO) by the Ministry of Science & Technology, and besides conducting its own research, provides Grant-in-Aid to UG/PG/ PhD students of Engineering Institutes & Universities.

Objectives of IEI’s R&D Activities

Upliftment of engineering knowledge through research work
Grant-in-Aid scheme for R & D work to be carried out by the students of engineering colleges and universities
Inculcate the culture of research in the budding engineers for nation building
Serve as a technology collaborator and facilitator
Emerge as a ‘category leader’ especially in the areas of undergraduate R&D funding
Disseminate the outcome of R&D projects through its publications for benefit of engineering profession and the society.