Dynamatic Technologies Life Time Recognition Award presented to Mr. Rajendran of V R Foundries at Dynamatic Technologies Vendors Meet

On 13th March 2010, Dynamatic Hydraulics™ conducted its Vendor Meet in Bangalore, which witnessed participation from almost 90 vendors from across South India. The event was highly interactive, with members of the management and the vendor community proactively engaging in discussions about the various challenges posed by the current business environment and ideating as to how the supply chain could be strengthened to meet and overcome these challenges.

The highlight of the Vendor Meet was the presentation of the Dynamatic Technologies Lifetime Recognition Award to Mr. V Rajendran, the Managing Director of V.R.Foundries. This is the first instance of the Lifetime Recognition Award being presented to an individual outside the organization and is a testimony to the respect and admiration that Mr. Rajendran commands within the Dynamatic Technologies family.

V R foundries, is one of Dynamatic Technologies’s oldest supply chain partners and has been an integral part of the Dynamatic Technologies growth story, having steadfastly partnered the organization as it grew from a small hydraulics business into a large and diverse business enterprise with a global presence. Today, V R Foundries is the largest castings supplier to Dynamatic Technologies, supplying almost 40-50 tonnes of Ferro-Graphite castings per month.

Mr. V R Naren Kumar, the Joint Managing Director of V R Foundries & Mr. Rajendran’s son, received the Dynamatic Technologies Lifetime Recognition Award from the Dynamatic Technologies C.E.O, Udayant Malhoutra, on his father’s behalf.

Presenting the Award to Naren, Udayant Malhoutra said “Mr. Rajendran is an extraordinary human being who has been driven by his passions, and, lived life on his terms. He is a rare individual who has been able to create a world of his own and I consider myself fortunate to have had his guidance as an young entrepreneur”.

In a telephonic conversation following the Award presentation, Mr. Rajendran said “ I am delighted by this honour. My association with Dynamatic Technologies and Udayant dates back to over two decades, and, it is a matter of great pride for me, and V R Foundries, to have been a part of the Dynamatic Technologies success story.”

The Vendor Meet concluded with the presentation of the Best Vendor Awards, which was awarded to twenty suppliers across three categories: For having achieved consistent quality, for achieving Direct On Line (D.O.L) status and for excellence in product development.

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