Frost & Sullivan today honored Indonesia’s best Automotive companies at the 2016 Frost & Sullivan Indonesia Automotive Awards, held in Jakarta.
Now in its 9th year, the Indonesia Awards program has identified many outstanding companies in Indonesia across various industries.The Indonesia Excellence Awards are a timely and fitting acknowledgement of the progress within best practices in these industry segments and the companies that have demonstrated growth leadership. Award recipients are those with the diligence, perseverance, innovation and dedication required to develop a successful business plan and excel in the increasingly competitive global marketplace.
Spike Choo, Country Director, Frost & Sullivan Indonesia said that the Indonesia Excellence Awards, in its nine year running now, have identified and honored best-in-class companies that have demonstrated excellence in their respective industries.
Spike Choo said that he hopes the awards will serve as an inspiration and a source of encouragement for Indonesian companies to continue striving hard to grow and expand their business.
“We are extremely proud and happy to host the 9th annual Indonesia Excellence Awards to celebrate best practices in Indonesian companies. I am confident that the Award recipients will put Indonesian companies on the global map of Excellence,” said Vivek Vaidya, Vice President of Automotive & Transportation, Frost & Sullivan Asia Pacific.
The recipients of the 2016 Frost & Sullivan Indonesia Automotive Awards were identified based on an in-depth research conducted by Frost & Sullivan’s analysts. The short-listed companies were evaluated on a variety of actual market performance indicators which include revenue growth; market share and growth in market share; leadership in product innovation; marketing strategy and business development strategy.
Frost & Sullivan congratulates all the outstanding recipients of the 2016 Frost & Sullivan Indonesia Automotive Awards