Sami Labs, sister company to Sabinsa Corp., has been recognized for export excellence by the Visvesvaraya Trade Promotion Centre (VTPC). Sami received the Gold Award in the Agricultural and Horticultural category for Medium to Large Enterprises for both 2011–2012 and 2012–2013. Sami also won the District Gold Awards for both years for the Tumkar district.
Ms. Neeraja Shetty, Sami director and president of strategy and business development, who received the awards on behalf of Sami Labs, said “We are honored to be the recipient of both the state and the district awards two years in a row. The Karnataka Government’s industry friendly approach and policies go a long way in contributing to our achievements.”
VTPC, established for promotion of trade from the State of Karnataka, is supervised and regulated by an autonomous body constituted by the Government of Karnataka. Operational since 1965 under the aegis of Department of Industries and Commerce, VTPC is named after the Chief Architect of modern Karnataka, Bharat Ratna Late Sir M. Visvesvaraya, who was instrumental in the industrialization of the state. Karnataka today is one of the key and leading states in exports from India, holding the number one position in software exports with an overwhelming 38 percent share of total exports and the number four position in export of commodities.