NMDC receives Visvesvaraya Industrial award

Hyderabad, Sep 22 (UNI) National Mineral Development Corporation (NMDC) was today conferred the Dr M Visvesvaraya Industrial Award for best performance in large and medium scale sector by the All India Manufacturers' Organization (AIMO).

NMDC Chairman and Managing Director B Ramesh Kumar received the award from the state Governor Rameshwar Thakur, at a function here.

NMDC, incorporated on November 15, 1958, has grown from a single-product-single-customer company to a multi-product-multi-customer company. It has stepped up its iron ore production level to about 23 million tonnes a year, about 15 per cent of India's production.

In the last three years, production has increased by about 22 per cent, a press release said.

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