Advertise Here [468 W x 60 H pixels]
Trade Talk | November 2017

Dow banks on innovation to propel growth in India

Dow India held the second edition of its marquee event, India Innovation Day 2017, in Mumbai recently. The event witnessed global and local leaders of the organisation coming together with over 300 key customers and stakeholders in India. With a focus on ‘Creating the Future Together’, the event aimed to discuss innovation, sustainability and material science solutions that can contribute to the changing manufacturing and industry landscape of India’s growing economy.

Over the last 60 years of its business in the country, Dow India has been driving innovations at the intersection of material sciences to address challenges such as need for sustainable infrastructure, recyclable packaging, need for clean water, clean energy generation and conservation, and increasing agricultural productivity. The event was a step forward in this collaborative growth journey, with its customers in the country. The event saw leaders from industries like infrastructure, agriculture, consumer goods, personal care and pharmaceuticals ideate and brainstorm on the ways of making India the innovation hub of the world.

The keynote address was delivered by Rajeev Kapoor, Secretary, Department of Chemicals and Petrochemicals, Ministry of Chemicals and Fertilizers, Government of India. In his address, Kapoor highlighted importance of innovation in an era of disruptions and the need for pushing the growth levers of manufacturing in India to the next level. He said, “The Indian chemical industry needs to create an ecosystem that promotes R&D. We as a country have unique challenges – and addressing these will require local effort, resources and investments. One of the most important areas of focus should be reducing import dependence for feedstock.”

Kapoor called out to Dow India and its peers present in the audience and encouraged them to bring their technological expertise into the country. “It is important that the Government and industry collaborate to outline the sector priorities and work with each other in addressing oncoming challenges.”

Over 300 eminent CXO-level leaders from top manufacturing companies in the country were joined by the top brass of leadership of the company. The event included three panel discussions on themes of Circular Economy, Breakthrough Innovations: Fortune at the Bottom of the Pyramid, and Innovation Ecosystem of India. The panel discussions alternated with Dow global leaders sharing best-practices from across the world in their area of expertise.

Asserting his optimism for the country, Heinz Haller, Executive Vice President and President, Dow Europe, Middle East, Africa and India (EMEAI), said “From clean water to safe food-packaging, renewable sources of energy, digital communication, efficient transport, energy saving insulation and agriculture – chemistry is one of the centrepieces of any economic activity. India being the bright-spot of global economy will need continued inflow of feedstock. Our joint-venture with Saudi Aramco – Sadara, will provide an outstanding opportunity for India to drive competitive and sustainable growth in the sector.”

Dr AN Sreeram, Senior Vice President and Chief Technology Officer, outlined the key areas of focus for innovation and showcased how the company keeps pace with evolving formulation needs across various businesses. He shared examples from various sectors that showcased how circular economy will be the underlying trend in creating a sustainable future.

Post your comment
Name:  
Email:    
Comments:  
Verification Code:   Change Image


 
Advertise Here [728 W x 90 H pixels]
AB Carter India Pvt Ltd      Angel Mechtronik      Arvind Rub-Web Controls Ltd      Associated Autotex Ancillaries Pvt Ltd      ATE Enterprises Pvt Ltd      B & R Industrial Automation Pvt Ltd      Basant Mechanical Works      Batliboi Ltd      Best Power Equipments India Pvt Ltd      Bharat Beams Pvt Ltd      Bhatt Bros      Condair      Elgi Electric and Industries Ltd      Embee Corporation      Eppinger Tooling Asia Pvt Ltd      Excel Traders      Gandhi Automations Pvt Ltd      Ion Exchange India Ltd      ITEMA WEAVING (INDIA) PVT LTD      Jogindra Industries Pvt Ltd      K.U. Sodalamuthu and Co. Pvt Ltd      Konica Electronics Enterprise      Kusters Calico Machinery Pvt Ltd      Labelmach      Lakshmi Machine works Ltd      Leuze Electronic Pvt Ltd      Loepfe Brothers Ltd (Masterline)      M-Tex Enterprises      Mayur Reeds And Healds Pvt Ltd      Nestling Technologies      Peass Industrial Engineers Pvt Ltd      Phoenix Textile Engineering Pvt Ltd      Prashant West Point Machinery Pvt. Ltd      Premier Evolvics Pvt Ltd      RENMAKCH India Pvt. Ltd      Rieter India Pvt Ltd (Suessen)      Rieter India Pvt. Ltd      Rossari Biotech Ltd      Savio Texcone Pvt Ltd      SB Dye Springs India Pvt Ltd      Schoch Reeds India      South Gujarat Chamber of Commerce & Industry      SRE Corporation      SSM Scharer Schweiter Mettler Ag (Rieter)      Stovec Industries Ltd      Sunrise Industries      Swiss Ribbons Pvt Ltd      Thies GmbH and Co.      Thymas Electronics Pvt Ltd      Truetzschler India Pvt Ltd      Uster Technologies AG      Vetal Hitech Machines Pvt. Ltd      Weavetech Engineering Pvt Ltd      AB Carter India Pvt Ltd      Angel Mechtronik      Arvind Rub-Web Controls Ltd      Associated Autotex Ancillaries Pvt Ltd      ATE Enterprises Pvt Ltd      B & R Industrial Automation Pvt Ltd      Basant Mechanical Works      Batliboi Ltd      Best Power Equipments India Pvt Ltd      Bharat Beams Pvt Ltd      Bhatt Bros      Condair      Elgi Electric and Industries Ltd      Embee Corporation      Eppinger Tooling Asia Pvt Ltd      Excel Traders      Gandhi Automations Pvt Ltd      Ion Exchange India Ltd      ITEMA WEAVING (INDIA) PVT LTD      Jogindra Industries Pvt Ltd      K.U. Sodalamuthu and Co. Pvt Ltd      Konica Electronics Enterprise      Kusters Calico Machinery Pvt Ltd      Labelmach      Lakshmi Machine works Ltd      Leuze Electronic Pvt Ltd      Loepfe Brothers Ltd (Masterline)      M-Tex Enterprises      Mayur Reeds And Healds Pvt Ltd      Nestling Technologies      Peass Industrial Engineers Pvt Ltd      Phoenix Textile Engineering Pvt Ltd      Prashant West Point Machinery Pvt. Ltd      Premier Evolvics Pvt Ltd      RENMAKCH India Pvt. Ltd      Rieter India Pvt Ltd (Suessen)      Rieter India Pvt. Ltd      Rossari Biotech Ltd      Savio Texcone Pvt Ltd      SB Dye Springs India Pvt Ltd      Schoch Reeds India      South Gujarat Chamber of Commerce & Industry      SRE Corporation      SSM Scharer Schweiter Mettler Ag (Rieter)      Stovec Industries Ltd      Sunrise Industries      Swiss Ribbons Pvt Ltd      Thies GmbH and Co.      Thymas Electronics Pvt Ltd      Truetzschler India Pvt Ltd      Uster Technologies AG      Vetal Hitech Machines Pvt. Ltd      Weavetech Engineering Pvt Ltd