Monday, June 18, 2018

KPIT Recognized as Winner of Two Manufacturing Leadership Awards 2018

The company’s Integrated Intelligent Transport System (ITS) and Revolo® Electrification Technology for buses won in the Smart Products and Services and Sustainability categories respectively

India, June 14, 2018: KPIT Technologies (BSE: 532400; NSE: KPIT), a global technology company specializing in product engineering and IT consulting announced that it has been recognized with two Manufacturing Leadership Awards by Frost and Sullivan for its clean and smart technology solutions in the urban mobility sector. KPIT’s Integrated Intelligent Transport Systems and Revolo® have earned awards in the Smart Products and Services and Sustainability categories respectively. KPIT is working collaboratively with its customers and partners on innovative digital technologies and products in the areas of Smart Manufacturing and IoT.

Intelligent Transport System (ITS), winner in the Smart Products and Services category

KPIT’s On Bus Intelligent Transport System (OBITS) is the country’s first ARAI (Automotive Research Association of India) certified comprehensive telematics-based system supporting Indian bus design specifications -UBS II and is deployed on more than 5000 buses with Government transport operators. KPIT’s latest telematics solution is certified to support upcoming regulation – AIS 140 by Indian ministry of Road Transport – MORTH, that envisages ITS deployment across India for safety and convenience of passengers. All the KPIT ITS solutions are tailored to operate 24x7 in typical Indian operating conditions and enable transport operators to increase operating efficiency, passenger convenience, and time-to-market of the buses.

REVOLO®, winner in the Sustainability category

REVOLO is an innovative, versatile technology that enables electrification of vehicles of different formats. The key components of the system include lithium ion batteries, electric motors, a power transmission unit and smart electronic control units. REVOLO powered buses have additional features such Intelligent Transport Systems (ITS), mobile phone app for journey planning and ticketing, Wi-Fi infotainment etc., providing the passenger a superior ride experience and improving operator efficiency. KPIT has been working extensively in the alternative fuel technology space and has 20+ global patents for hybrid and electric vehicles and their key components.

Kishor Patil, CEO and Co- founder, KPIT said, "The Manufacturing Leadership Award bestowed upon KPIT is a testimony of KPIT's commitment to the environment using breakthrough technology in automotive engineering and digital innovation. We are honored to be among the esteemed group of winners and extend our thanks to the Leadership Council, the jury, our customers, employees and partners."

About KPIT Technologies Ltd.

KPIT (BSE:532400, NSE: KPIT) is a global technology company specializing in providing IT Consulting and Product Engineering solutions and services to Automotive, Manufacturing, Energy & Utilities and Life Sciences companies. Together with its customers and partners, it creates and delivers technologies to enable creating a cleaner, greener and the more intelligent world that is sustainable and efficient.

About the Manufacturing Leadership Awards

The Manufacturing Leadership Awards, now in their 14th year, honor manufacturing companies and individual manufacturing leaders that are shaping the future of global manufacturing. Winning projects and individual manufacturing leaders have demonstrated achievement in one of a wide range of categories, and are chosen by a panel of expert judges for results that have delivered clear and compelling value, return on investment, and other tangible outcomes. For more information on the Manufacturing Leadership Awards or the Manufacturing Leadership Summit, please go to www.mlsummit.com.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants. Frost & Sullivan’s “Growth Partnership” supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

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