Kolkata. 26 February 2022. Garden Reach Shipbuilders and Engineers Ltd., (GRSE), a Mini Ratna Category 1 Defence PSU and a leading warship building company of India was conferred with two major awards in the categories of ‘CSR and Sustainability’ (Winner) & ‘Corporate Governance’ (Runner up) at a virtual ceremony of 11th ICC PSE Excellence Awards. The awards were announced by Dr Bhaskar Chatterjee, Former Secretary of Department of Public Enterprises (DPE) and Chief of the Jury Committee.
The PSE Excellence Awards is an initiative by Indian Chamber of Commerce, to acknowledge the efforts of PSEs and their extraordinary contribution in shaping up the Indian economy. PSE Excellence Awards was started in the year 2010 by ICC along with Department of Public Enterprises, Ministry of Heavy Industries, Government of India. These awards are conferred in Operational Performance Excellence, Corporate Governance, Human Resources Management Excellence, R&D & Technology development, CSR & Sustainability, Best Turnaround, Innovation in Business and Company of the year categories.