The prestigious LACP global award for 2020/21 was won by Maruti Suzuki defeating big brands. Read the details below.
Maruti Suzuki has won the prestigious LACP 2020/21 Vision Awards conducted by scoring the best points overall in the recent award ceremony which took place in the USA. MSIL became the highest ranking automobile company in the competition of worldwide manufacturers.
Conducted by the League of American Communications Professionals (LACP) every year; the award ceremony for the year 2020/21 was won by the India-based manufacturer. Maruti Suzuki is celebrating this as one of their most prestigious wins globally. In this global competition, more than 1000 entries are invited which include automobile manufacturers from 24 different nations from worldwide markets.
These nations include the participants from big automobile hubs such as USA, Europe, Middle East, and Asia Pacific continent. According to the official report published by the LACP, a total 63 of Fortune 100 companies and 9 out of 10 Fortune 500 companies went into the competition with their best of working style and outputs.
The main focus of these LACP Vision Awards remain towards recognizing the best interest of shareholders, their need to understand the strategic and tactical decision their companies are making via production or their expansion plans.
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According to this, Maruti Suzuki Annual Integrated Report achieved a full 100 percent in 6 out of 8 parameters set by the LACP. These various parameters included the Letter to shareholders, Message Clarity, Report Narrative, Report Financials, First Impression and Report Cover. The results have placed the Maruti Suzuki at the number one position among all the automotive makers from the world; which is simply remarkable for such a big company to achieve. This indicates the dedication and ethical work culture which Maruti follows not just to achieve good sales figures but overall performance among every concerned segment related to company.
This result will definitely help Maruti to grow positively and work towards more safer and technically advanced products for the domestic markets like India.
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