Matrix Comsec, a leading manufacturer of telecom and security products, was conferred with the
prestigious 49 th ELCINA Award for Excellence in “Innovation” for the year 2023-24 at the glittering Award
Ceremony held in New Delhi on 13 th September. The award highlights Matrix’s commitment to R&D and the track record of launching innovative and cutting-edge products.

Commenting on the achievement, Ganesh Jivani, Chief Executive of Matrix said, “We are happy to win
the prestigious ELCINA Award for Excellence in Innovation. We thank the jury for recognizing Matrix for
its research, innovation and design capabilities. Innovation really has been the DNA of Matrix right from
its inception. I thank our technology, design and engineering teams for their dedication to building
innovative and world-class products. Matrix offers cutting-edge physical Security and Telecom solutions
in more than 50 countries including many first-world technologically advanced nations. With 250+ R&D
engineers and world-class processes and infrastructure, Matrix is committed to innovating and designing
cutting-edge high-performance products. This recognition is a validation of Matrix's innovation and
design capabilities and will go a long way in motivating us towards building world-class solutions.”

Electronic Industries Association of India (ELCINA) is one of the largest and oldest associations in the
country and was the first in India to institute the Awards for Excellence in Electronics in 1976. It
recognizes remarkable achievements of all the electronics and IT hardware companies having their R&D
and manufacturing in India. With the Ministry of Electronics & IT, Government of India (MeitY)
extending its support, the ELCINA Awards hold great esteem in the industry circles.