Star Performer Award for NALCO

Published: 07th September 2015 05:10 AM  |   Last Updated: 07th September 2015 05:10 AM   |  A+A-

VISAKHAPATNAM : The largest state owned Navaratna, Aluminium producer NALCO has bagged the Star Performer Award for Exports. The award is issued by Engineering Export Promotion Council which has been set up by the Ministry of Commerce and Industry.

The award was received by AK Murty, General Manager (PF-Port Facilities), port division of NALCO, Visakhapatnam, on behalf of CMD TK Chand, from Union Minister of Commerce and Industry Nirmala Sitharaman at a function held in New Delhi. This is the 14th consecutive time that NALCO has received this award.

In the manufacturing sector, NALCO has also been one of the top foreign exchange earners of the country. On an average, the export turnover of NALCO exceeds $500 million a year. NALCO has been able to double its profits in the last two months of the second quarter as compared to the first two months of first quarter.

On increase in profitability in the last months of the second quarter, AK Murthy informed that this was mainly due to the collective dedication of NALCO.

Stay up to date on all the latest Andhra Pradesh news with The New Indian Express App. Download now


Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on are those of the comment writers alone. They do not represent the views or opinions of or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp