Initiated in 2014, The Spirit of Manufacturing Awards are aligned with the Indian government’s call to “Make In India” and seek to applaud innovations in the manufacturing industry and encourage young innovators in the manufacturing space to hone their skills with the right resources under the right leadership so they can be positioned on a fast growth trajectory.
With Pre-screening of all online applications for each category, followed by assessment of selected applications, the final list of top 16 contestants was generated. The selection of the final winners was announced on the basis of their presentation in front of a team of Jury members, comprising business experts and industry veterans, on March 24th, 2022 and scores amalgamated from the previous rounds. The Jury evaluated each presentation on the basis of the Execution Strategy, Competitive Advantage, Management Depth, Sales & Marketing Strategy and the Financial Viability. Towards the end of presentations, the scores were tabulated to announce the winners from each category.
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Geetika Dayal, Executive Director, TiE Delhi-NCR speaking at the event said, "The Spirit of Manufacturing Awards, now in its 8th Season, was set up to put a spotlight on the innovative ventures in the manufacturing domain, in India. Our partner Power2SME has played a seminal role in anchoring this movement towards a self-reliant country. Every year we witness the quality of applications going up. The platform has evolved over the years, making the initiative stronger & a force to reckon with.”
The winners were awarded across 5 categories based on the innovative skills and the tangible impact showcased. The categories included Social Impact,
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