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VST Tillers Tractors Ltd adjudged one of India's Most Innovative Companies by CII

Posted On : 2021-12-20 13:59:59( TIMEZONE : IST )

VST Tillers Tractors Ltd adjudged one of India's Most Innovative Companies by CII

VST Tillers Tractors Ltd. (VST), one of India's leading farm equipment manufacturer, is ranked among the 25 most Innovative Indian Companies of 2021 by the Confederation of Indian Industry (CII). Mr. Kris Gopalakrishnan, Past President, CII and Chairman, CII Industrial Innovation Awards 2021 along with Dr. S Chandrasekhar, Secretary, Department of Science and Technology, Government of India presented the award to VST Tillers Tractors Limited.

The award evaluates innovation, processes, products, services, technologies, and approaches which brought about quantifiable results. VST was felicitated with 'CII Industrial Innovation Awards 2021' in a virtual award ceremony held during the 27th edition of DST-CII Technology Summit 2021.

Receiving the award, Mr. Antony Cherukara, CEO, VST Tillers Tractors Ltd., said "We are honoured to receive this recognition from CII for Excellence in Innovation and delighted to be counted amongst the Top 25 Innovative companies in the country. Innovation is a must for breakthrough results and our team at VST is dedicated to bringing out more innovative products to the market. This award is a testimony to our commitment to the farming community for offering high quality, innovative and sustainable products."

VST has showcased their newly launched state-of-the-art, VST MT 932 - 30 HP Tractor and VST 165 DI (16 HP) Power Tiller for the awards.

VST MT 932 - 30 HP Tractor is the first multipurpose stylish compact tractor, infused with advanced technology features like 9+3 synchromesh, Mid PTO, Reverse PTO, Shorter Turning Radius, High-capacity Hydraulics, and operating comfort to increase productivity in toughest farming conditions with lesser fuel consumption.

VST 165 DI (16 HP) Power Tiller comes with MDR (Maneuverability, Durability, Reliability) technology, best in class power to weight ratio, unique adjustable seating comfort for a long duration of work, wider rotary (750mm) for maximum coverage, and reliable operation.

CII Industrial Innovation Awards were instituted in 2014 to identify and celebrate innovative Indian enterprises across industry segments and sectors. The purpose of this award is to encourage the industry to adopt a structured Innovation Framework in their operations and measure their performance periodically on the way to moving up the Innovation Value Chain. The Framework has been widely appreciated by the industry and the number of applications for this coveted award has been increasing year by year. These Innovation Awards have also been instrumental in the growth of business opportunities for winning firms. The award has formulated an Enterprise Innovation Maturity Framework which forms the basis of assessment of firms applying for CII Industrial Innovation Awards.

Shares of V.S.T Tillers Tractors Limited was last trading in BSE at Rs. 2803.90 as compared to the previous close of Rs. 2887.45. The total number of shares traded during the day was 1923 in over 519 trades.

The stock hit an intraday high of Rs. 2865.55 and intraday low of 2775.00. The net turnover during the day was Rs. 5428522.00.

Source : Equity Bulls


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