|
|
 |
Sanmar Engineering
Corporation
Silver Jubilee |
|
| Sanmar Engineering Corporation (SEC) turned
25 on June 30, 2001. The success story of SEC, an informal group
of light engineering and technology-intensive companies in the
Sanmar group, lies in its unique approach to foreign partnership.
This is the message, that came through in the speeches of leaders
of the group and their eminent guests at the launch of SEC’s
silver jubilee celebrations at Park Sheraton, Chennai. |
| At the launch of SEC’s Silver Jubilee
Celebrations, N Rangachary, Chairman, Insurance Regulatory and
Development Authority (IRDA), the chief guest said that, “SEC
had developed joint venture partnership as a fine art.”
|
| In his welcome address accompanied by a Power
Point presentation, N Sankar said: “The strategy of the
SEC group companies lay in their choice of world leaders in
particular product lines – all of these products catering
to process industries and petrochemical, pharmaceutical and
power plants.” |
| George A Shedlarski, Vice President, Flowserve
Corporation, U.S., (earlier Durametallic), SEC’s first
foreign partner, said, mutual trust, a professional approach
to business and a shared vision, besides availability of adequate
working capital, lay behind the success of his company’s
ties with SEC. |
| B Narayan, Group Senior Executive Vice President,
Reliance Industries, said joint ventures could succeed only
if the partners were chosen carefully and both sides “continued
to need each other”. |
|
|
 |
V L Dutt of KCP, R Sivaramakrishnan,
S Balasubramanian, G S Raju, R Ramanujam of Brakes India and
Mrs Balasubramanian seen with
K S Narayanan. |
 |
| Trevor Vindin of Ascomation and Mike J Sandling
of Xomox Corporation. |
 |
| George Shedlarski of Flowserve Corporation at
the inauguration. |
 |
| Dignitaries at the inaugural function. |
 |
| J T Kenneally of BS & B Safety Systems and B
Narayan. |
 |
| George Shedlarski in conversation with pressmen. |
 |
| N Sankar, B Narayan and M N Radhakrishnan of
Sanmar Engineering Corporation. |
 |
B Natraj, S V Mony of AMP Sanmar Assurance Company
Ltd., and N Rangachary of IRDA with N Sankar and
N Kumar. |
|
| A section of the audience at the SEC Silver Jubilee
Celebrations. |
|
 |
| N Sankar delivering the welcome address.
|
 |
| Venu Srinivasan, TVS group (extreme
right) and Professor Marty Subramanian, New York University
(second from right) with other guests. |
 |
| K S Narayanan, M V Subbiah of the
Murugappa group and A Krishnamoorthy of the Amalgamations group. |
| "B Narayan, Group Senior Executive
Vice President, Reliance Industries emphasised the need for
·continuous review of customer strategy· on the part of suppliers
and stressed the importance of transparency in pricing." |
 |
| B Narayan of Reliance Industries
addressing the gathering. |
 |
| K V Ananthakrishnan of Asco (India)
Limited and Trevor Vindin. |
 |
| Mathew Kenneally, Dr Joseph Izzo
of BS & B Safety Systems and Vijay Sankar. |
"In the present competitive
scenario, when excess capacities are being built and customers
are demanding, only those who are very efficient would be able
to survive, be it in the manufacturing or service sector,· the
IRDA Chairman,
N Rangachary, observed" |
 |
| N Rangachary receiving a memento.
|
| |
| |
 |
| |
|
 |
 |
|
