Tag: BALCO

Business World

Vedanta BALCO recognizes its next generation of young leaders through its V-Reach program

Jan 26, 2021 by Neel Achary 0 Comments #BALCO, #CEO & Director, #Deputy CEO- Aluminium Business, #Mr. Abhijit Pati, #Mr. Rahul Sharma

Balconagar, Korba: Vedanta has launched a unique programme called V-Reach that identifies and grooms future leaders from amongst its employee base to foster the next generation of leaders who will propel the company into its next growth trajectory. The programme is anchored by Vedanta’s Vice-Chairman, Mr. Navin Agarwal in line with Vedanta’s strong focus on its people and their growth.

Mr. Rahul Sharma, Dy. Chief Executive Officer of Vedanta Aluminium Business on his visit to BALCO recognized and motivated BALCO’s V-Reach leaders. He congratulated the young leaders and encouraged them to lead the organisation’s transformational growth on key drivers such as safety, health, environment, business excellence, quality and innovation with their disruptive thinking and ideas. Mr. Abhijit Pati, CEO & Director, BALCO, along with several BALCO officials were present at the program.

The Vedanta Group has initiated this flagship leadership program ‘V-Reach’, as an industry-leading people practice aimed at identifying, recognizing, and elevating the top talent from the 5000+ employee population, who joined Vedanta as graduates and are the backbone of the business. This one-of-a-kind global best people practice is being well appreciated and commended by external stakeholders in the industry and business partners.

Speaking on the future opportunities being provided by Vedanta, Mr. Rahul Sharma, Deputy CEO- Aluminium Business, said “In line with Vedanta Group’s core philosophy of developing ‘Leadership from Within’, the V-Reach Programme is a great launching pad for our high potential talent, giving them opportunities for accelerated career growth. At BALCO, we have identified a strong pipeline of such future leaders. I’m confident that they will leverage their talent and skills to contribute significantly towards further strengthening our business. With our passionate new-age leaders, Vedanta will achieve significant momentum and will continue to deliver exceptionally in critical areas of operational and business excellence.”

Mr. Abhijit Pati, CEO & Director, BALCO praised the selected employees and said that the Vedanta Group believes in empowering meritorious young leaders. Mr. Pati said, “The young employees being groomed under V-Reach will have leadership opportunities with significant responsibilities in the future. We encourage them to keep up their high performance standards and continue to keep trying innovative ways of working. The Vedanta management will support, mentor and enable them every step of the way.”

Bharat Aluminium Company Limited (BALCO) is India’s iconic aluminium producer. It is owned 49% by the Government of India and 51% by Vedanta Limited. Vedanta Limited is the world’s 6th largest diversified natural resources company and the largest producer of aluminium in India. BALCO operates a 0.57 million tonne per annum (MTPA) aluminium smelter in Korba, Chhattisgarh. It is also a leader in value-added aluminium products that find critical applications in core industries. With its world-class smelter and power plants, the company fulfills its mission of spurring emerging applications of aluminium as the ‘Metal of the Future’ for a greener tomorrow.

Business World

BALCO recognized in ‘The Economic Times Best Brands 2020’

Oct 19, 2020 by Gouri Achary 0 Comments #BALCO, #Bharat Aluminium Company, #Mr. Abhijit Pati, #The Economic Times Best Brands 2020’

Bharat Aluminium Company (BALCO), a national leader in Aluminium production, was recently recognized as one of The Economic Times Best Brands 2020.

The prestigious recognition, synonymous with consumer trust and quality, reiterates BALCO’s value as a brand that of being innovative, trustworthy, unique, ethical, adaptable, and delivering the best quality products and services to its consumers and channel partners. The “Best Brands 2020” features successful brand stories and outlines the DNA of brands, their iconic core values, and their commitment to socio-economic development.

The conferring of this recognition is an esteemed representation of the strong positioning of BALCO’s reputation in the ever-challenging business environment that puts its products at par with global competitive brands. BALCO, one of India’s pioneering Aluminium producers is owned 49% by the Government of India and 51% by Vedanta Limited.

The brand’s Korba (Chhattisgarh) plant operates a 0.57 million tonne per annum Aluminium smelter and is also a leader in value-added Aluminium products that find critical applications in core industries. With its world-class smelter and power plants, the company fulfills its mission of spurring emerging applications of Aluminium as the ‘Metal of the Future’ for a greener tomorrow.

Mr. Abhijit Pati, CEO & Director, BALCO, on receiving the accolade said, “We feel extremely honoured that BALCO has been conferred the prestigious “Best Brands 2020” recognition. This is a testimony to the collaborative effort of every single stakeholder associated with the brand.

A frontrunner in transforming the socio-economic landscape of Korba, BALCO’s turnaround created a 360-degree multiplier effect resulting in the economic progress of the regional business community comprising over 5,000 local businesses. This has led to the rapid socio-economic development of the region.”

BALCO, one of India’s pioneering Aluminium producers, has always been a frontrunner in India’s Aluminium production at the global scale. It is also humbling that BALCO has been instrumental in bringing its areas of operations in rural Chhattisgarh, that were earlier quite impoverished, into the developmental and economic mainstream of the country.

As is the characteristic of any sustainable venture, the brand has undertaken several development projects under the themes of sustainable livelihood, women empowerment, healthcare, education, afforestation, water conservation, agriculture programs benefiting over 1,50,000 people in the region and beyond. BALCO is also credited with planting over 41 lakh trees in the surrounding regions, thus increasing the green cover substantially.

In the changing paradigm of social fabric due to the pandemic, BALCO is also helping communities sustain their lives and livelihoods, working in close coordination with the district and local administration. The turnaround of the company and the community that lives with it, that is now a case study for India.

Today, as BALCO upholds its ethos of zero harm, zero discharge, and zero waste, it continues its operations adhering to the highest standards of business excellence.

Forward-looking and future ready.