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GAIL achieves Excellence in Cost Management

03 May '08
2 min read

Cost Management Strategies of Cost Control, Cost Reduction, Value Re-engineering, Budgetary Control have played a vital role in enlarging 'value creation' in Indian industry and enhancing its' competitiveness and thus, become an integral part of the corporate strategy.

As a leading professional institute in India, specialized in the field of Management Accountancy ICWAI is presenting the 'ICWAI National Award for Excellence in Cost Management-2007'.

A high profile Jury members led by the former chief Justice of Supreme Court of India, Justice J S Verma, chose the winners after the comprehensive selection process.

The criteria for selection were better applications of Cost Management Systems, Efficiency Parameters like Capacity Utilization, Manpower, Material, Power & Fuel Consumption & Cost Management etc.

GAIL (India) Limited

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