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Zee Business to institute awards for constructors and builders

22-August-2006
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Zee Business to institute awards for constructors and builders

Zee Group’s Hindi business news channel, Zee Business will hold the ‘Zee Business M-Tech Pinnacle Awards’ in the Capital on October 6. Spread over 23 categories, the Awards are classified into three broad genres – technical, creative and individual achievements and will honour the best professionals in the construction, building and allied industries.

Laxmi Goel, Director News Group, Zee News Ltd, said, “We have always believed in encouraging and identifying talent. Pinnacle Awards aims to bring together the finest mix of accomplished individuals and organsiations in India's booming real estate and construction industry. We hope to receive an overwhelming response as our aim is to make this an annual affair.”

The winners will be selected by a panel of judges such as Ankur Srivastava, Managing Director, DTZ (Debenham Tie Leung); Sanjay Verma, Joint Managing Director, Cushman & Wakefield; Dr Darlie O Koshy, Executive Director, National Institute of Design; and Ranudas, CEO, Fairwood Consultants, apart from Goel.

Giving the rationale behind instituting the Awards, Goel said, “With a 30 per cent annual growth in the domestic construction industry, the Indian construction industry is all set to become Rs 18 lakh crore sector by the year 2010 from its present size of Rs 14 lakh crore. The time is ideal for the sector to propel national economy on a higher growth trajectory, by maximising performance and operational efficiency. There is a need for a greater level of transparency in the sector to enable it to be better placed in swinging investments / FDI. The Pinnacle Awards will provide a benchmark for construction industry in India by presenting a platform to recognise excellence in the field.”

Echoing the same thought, Samir Ahluwalia, Editor, Zee Business, said, “The real estate and the construction sector is amongst the fastest growing industries in India. However, this sector is unorganised and fragmented. Zee Business wants to create a platform for this industry.”

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