Hard Work, Teamwork, Trust, and Customer Satisfaction are the Keys to Success in Business: Ajay S. Shriram

Udaipur: "Being in a high position does not mean you know everything. Through mutual communication, even the biggest business and personal problems can be solved. A satisfied customer is the key to the success of any business." 

These thoughts were shared by Mr. Ajay S. Shriram at the UCCI event.

Honorary General Secretary Dr. Pawan Telesra shared that the Udaipur Chamber of Commerce and Industry (UCCI) celebrated its 60th foundation day at the P.P. Singhal Auditorium in UCCI Bhavan. Mr. Ajay S. Shriram, Chairman and Senior Managing Director of DCM Shriram Limited, was the chief guest at the event.

During the program, Mr. Shriram shared his professional experiences and said that we often live with the misconception that we know everything. However, in today’s rapidly changing world, it is essential to keep an open mind and adapt our thinking. He emphasized that hard work and cost reduction are essential for success in business. He added that a business that works with teamwork, helps others grow, and brings everyone along will prosper. He also stressed the importance of employee motivation and family relations for business success. He highlighted the need for placing the right employees in the right positions for professional growth.

Mr. Shriram shared that his family tradition has been to send the next generation for practical training in an industry before handing over the family business, rather than directly transferring the business.

During the open discussion with the chief guest, attendees enthusiastically asked questions related to entrepreneurship and management, and Mr. Shriram answered them.

In his welcome address, UCCI President Mr. M.L. Lunawat mentioned that the industrial and business sectors are facing new challenges in today’s context. Recognizing and honoring those doing excellent work helps motivate those struggling in the industry. Through the Excellence Awards, UCCI has set a new benchmark for excellence in the industrial and service sectors.

Mr. Lunawat also presented future plans and the vision for UCCI, announcing the organization of Udaipur’s largest trade fair, "Rajasthan International Trade Expo - RITEX," from March 19 to 25, 2025, in association with PHDCCI.

Mr. Manish Godha, Chairman of UCCI's Award Sub-Committee, gave a brief overview of the UCCI Excellence Awards 2025. He shared that after auditing the applications by an independent auditor, a shortlist of awardees was prepared. Teams of UCCI members visited the workplaces of the shortlisted applicants to verify the information provided. Following this, the 6-member jury panel, which included former Additional Chief Secretary of Rajasthan Mr. Shailendra Agrawal, Director of IIM Prof. Ashok Banerjee, former Managing Director of State Bank of India Mr. Sriram Bala Subramaniam, Founder of BGJC Consulting Mr. Salil Bhandari, Senior Vice President of Aditya Birla Group Mr. Priten Bangriwala, and CEO of Seva Mandir Mr. Raunak Shah, selected the top ventures for the awards based on a matrix-based evaluation.

The winners of the UCCI Excellence Awards were announced during the ceremony, with the following companies being honored:

- **Wunder Cement Manufacturing Award - Micro Enterprise**: House of Fergerance  
- **Singhal Foundation Manufacturing Award - Small Enterprise**: Liberty Manufacturers and Marketers Pvt. Ltd.  
- **ArcGate Manufacturing Award - Medium Enterprise**: Pyrotech Workspace Solutions Pvt. Ltd.  
- **Pyrotech TempSens Manufacturing Award - Large Enterprise**: JK Tyres & Industries Ltd.  
- **Dr. Ajay Murdia Indira IVF Services Award - Small Enterprise**: Semantics Infra Projects  
- **G.R. Agarwal Services Award - Medium Enterprise**: Monisa Enterprise Pvt. Ltd.  
- **Harmony-Mevad Services Award - Large Enterprise**: SK Khetan Infraprojects Pvt. Ltd.  
- **Vedanta Hindustan Zinc CSR Award**: Mewad Polytex Ltd.  
- **P.P. Singhal Social Enterprise Award**: Udaipur Urja Initiative Producers Company Ltd.

The runner-up companies were also recognized with certificates of appreciation, including Adwit Lifts and Automation Pvt. Ltd., Classic Readymade Garments, NM India Bio Pvt. Ltd., Spectrum Tech and Fab, Plastiweave Industries LLP, Mednext Biotech, Marathon Heater, TempSens Instruments, Udaipur Cement Works, Kushal Enterprise, Shri Mewad Aviation, Verbolabs Languages, Caddle Labs, Ravi Infrabuild Projects, International Certification Services, Aditya Cement Works, JK Tyres & Industries, Adarsh Education Samiti, Asha Women Milk Producers Company Ltd.

Around 200 entrepreneurs, businesspeople, managers, and officers from industries and businesses attended the event. The program was conducted by Ms. Krishna Priya Harsh, and the vote of thanks was delivered by Senior Vice President Mr. Manish Galundia.