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Home / India News / 2009 / December / December 8, 2009
Hindustan Dorr-Oliver Limited Conferred the Frost & Sullivan 2009 Business Development Strategy Leadership Award for Indian Water and Wastewater Treatment Equipment Market

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Hindustan Dorr-Oliver Limited Conferred the Frost & Sullivan 2009 Business Development Strategy Leadership Award for Indian Water and Wastewater Treatment Equipment Market

Mumbai, Maharashtra, India

Frost & Sullivan felicitated Hindustan Dorr-Oliver Limited (HDO), with the 2009 Business Development Strategy Leadership Award in the Indian Water and Wastewater Treatment Equipment Market. The award was presented for demonstrating excellence in business development through its sales and competitive strategies in complete water and waste water management. These strategies led to easy market penetration and helped the company to position itself as a leading player in the Indian Water and Wastewater Treatment EPC and Equipment Market.

The Frost & Sullivan Business Development Strategy Leadership Award is bestowed upon the company that has demonstrated excellence in implementing and sustaining growth in market penetration and revenues. The recipient of this award is chosen on the basis of certain criteria. Through primary and secondary research methods, all companies’ market revenues are tracked and those exhibiting significant growth plans are noted for their strategic implementation. When a company continues to show growth in market penetration based on the number of new customers, new segments, and commitment to business expansion, market share and revenues by way of implementing sales and competitive strategies, it is then considered as a candidate for this award.

Mr. S C Sekaran, Executive Director, Hindustan Dorr Oliver Limited said, "This Business Development Strategy Leadership Award is in recognition of our Company’s outstanding and excellent performance in areas like market leadership, technological innovation, customer service and above all proactive approach in creating value for our esteemed customers in Water Business. Through our concentrated efforts, HDO has been able to capture a substantial part of the Water & Waste Water segment of the Environment with varied, high quality and cost-effective total solutions for our customers. I am sure this recognition will further help us to penetrate into global markets and sustain our growth leadership in the water business in the coming years.

Mr. Y. S. Shashidhar, Vice President & Country Director, South Asia-Middle East & North Africa, Frost & Sullivan, said, "The award conferred on Hindustan Dorr-Oliver Limited is in recognition of its extensive business development efforts in a highly competitive water and wastewater market. Even in these recessionary times, HDO is highly optimistic about growth. The strategies it adopted post acquisition by IVRCL has paid off, its revenues from water and wastewater division grew significantly. HDO has understood the significance and resolutely focused on key success factors such as customer satisfaction by providing top quality products, timely completion of projects, and faster payback for customers".

The water and wastewater treatment equipment market in India is valued at INR 54,000 million. The robust domestic demand driving up industrial growth as well as increased water consumption and effluent generation by industries is unveiling immense opportunities for water and wastewater treatment equipment. The market will witness an annual growth of 13 percent (CAGR) annually over the next 5 years.

About Frost & Sullivan - "We Accelerate Growth"

Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best-practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from 40 offices on six continents. To join our Growth Partnership, please visit http://www.frost.com.

About Hindustan Dorr Oliver Limited (HDO)

Hindustan Dorr Oliver Limited (HDO) is now a wholly owned subsidiary of M/s. IVRCL Infrastructures and Projects Ltd., who is one of the leaders in Indian infrastructure industry. HDO is an Indian EPC company having its core business activities in providing Complete Engineering Solutions, Manufacture of all chemical process plant equipments/Pressure vessels and Heat Exchangers and undertakes EPC installations in core sectors like Mineral Benefication , Water and waste water management, Phosphatic Fertilizer plants & Pulp and paper Industries.

The company is a leading player in Engineering, Procurement and Construction with end-to-end skill sets to provide "Concept to Commissioning" services in Detailed design and Engineering , Manufacturing, Supply and installation of equipment, Systems & Processes for Liquid-solid Separation Technologies. The company manufacturers engineering equipments at its state of art facility at Ahmedabad for a variety of industries like sugar, fertilizer and chemicals, Minerals, Water treatment, Oil and Gas Sector for multinational and Indian customers. Under knowledge process outsourcing initiative, HDO harness the vast domain knowledge of the talent pool it has at Chennai, Bangalore, New Delhi, Mumbai and Ahmedabad offices and provides Engineering services to all global players. The company demonstrated an impressive performance of over 50% CARG in Turnover ever since IVRCL took over this company. HDO has over five decades of established a unique track record and position as an extremely dynamic, totally reliable and component-engineering company, having a cutting edge of superior technologies to emerge among leading process equipment and plant engineering companies in India. HDO is engaged in an endless endeavor to upgrade, modify, adapt and invent products, processes and technologies to design, construct, install, erect and commission systems on complete EPC basis. To sustain its growth path, Company is Diversifying into Bulk material handling, Rapid loading systems, Long Distance Conveyors for Coal fields in Northern part of India. For more details visit www.hdo.in.

ravinder.kaur@frost.com amritan@frost.com

Source: Frost & Sullivan (Business Wire India)

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