World HRD Congress Honors Anchor Electricals with the Coveted Global HR Excellence Award

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Published: May 7, 2015 1:26:39 PM

Anchor Electricals Pvt. Ltd. became a proud recipient of “Global HR Excellence” award by World HRD Congress on the theme “Mining ...

Anchor Electricals Pvt. Ltd. became a proud recipient of “Global HR Excellence” award by World HRD Congress on the theme “Mining Human Potential for creating Great Organizations”. The award serves an excellent platform to promote & recognize quality by highlighting leading organizational practices by presenting their case studies or papers to compete on HR Practices. One of the largest multi-platform brand credibility award- it acknowledges trailblazer organizations for their dedication towards the impactful human capital structure. The awards also saw participation from over 400 national as well as international organizations.

Anchor Electricals was recognized for its involvement in the most innovative initiatives like “Diversity Impact” and “Innovative HR Practices.” The key focus behind diversity impact initiative was to drive a change in the society with respect to empowering the women workforce. The empowerment program played a key role in the life of the women workforce by building company culture, family culture, their individual personality and contribution towards company objectives. The introduction of Innovative HR practices, enabled the company to align its workforce with the values of the Founder, Leadership Competencies and the Business Principles for Code of Conduct.  For  the past four years, the Human Resources team at Anchor has endeavored to train & inculcate the management philosophy of Konosuke Matsushita and  imparted the values through the “Values Program” and “Code Of Conduct” training.

On this occasion, Mr. Dinesh Aggarwal, Jt. Managing Director, Anchor Electricals Pvt. Ltd.said “We are proud to be recognized by this esteemed accolade as it reiterates our aim of providing a working environment that would facilitate the growth and development of our workforce. Aligned with our organizational goals, it is the dedication and commitment of our workforce towards our clients, colleagues and the community that has helped us to become a company which is recognized for its organizational practices.  Engaging talent is pivotal to our success and we at Anchor strongly believe that this award will fiercely drive our purpose to progress further in this journey of transformation.”

About Anchor Electricals

Established in 1963 and headquartered in Mumbai, Anchor Electricals Pvt. Ltd. became a subsidiary of Panasonic Electric Works (now Panasonic Corporation) in 2007. It is one of the largest domestic manufacturers of electrical construction materials with 4 manufacturing locations and boasts of 55 domestic bases with workforce of more than 10,000. Its sales and operating profit are steadily growing and it ended the last financial year with net sales of Rupees 18.39 billion and a stated capital of Rupees 4.8 Billion. It has a dominant market share in wiring devices and is constantly expanding its product range and growing market share in Switchgear, Lighting, Fans and Wires & Cables. Anchor aims to double this in the next three years from the existing and aims to be the front-runner in the solutions business dealing with Energy Generation, Conservation & Management. For additional details on Anchor, please visit

About Panasonic India

Panasonic makes available in India its wide range of consumer electronics, home appliances like LCD & Plasma TVs, DVD players, Home Theatre Systems, Smartphones, Cameras, Camcorders, Car Audio Systems, Air Conditioners, Washing Machines, Refrigerators, Microwave Ovens, Automatic Cookers, Vacuum Cleaners and a wide range of system products including communication ones like Mobile Phones, High Definition Videoconferencing, Professional Audio Video products like Broadcast Cameras, Projectors and Displays, Business Solutions including Printers, Whiteboards and Security Solutions. The company currently has a workforce of about 12,500 in India. For more information on the company and the Panasonic brand in India, please visit 

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