The city-based Elgi Equipments, a leading air-compressor manufacturer, on Tuesday said it has won the coveted 2019 Deming Prize for sustained application and leverage of TQM (Total Quality Management) across the organisation.
Elgi is the first globally established, industrial air compressor manufacturer, outside Japan, to win the prestigious award in over 60 years and will formally receive the prize on November 6 in Tokyo, Japan, a company release said.
The Deming Prize is one of the highest awards on TQM in the world and since its establishment in 1951, has been awarded to 251 organisations worldwide, it said.
"To achieve this, we recognised that the company needed to adopt a management philosophy that builds vertical excellence in each operating function and customer-centric horizontal excellence across the business, operations and support functions," Elgi Equipments Managing Director Dr Jairam Varadaraj said.
Deming prize was established by the Japanese Union of Scientists and Engineers (JUSE) to honor W. Edwards Deming, who contributed greatly to Japans proliferation of statistical quality control after World War II.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
