Innovation in the field of Highly Dispersible Silica (HDS) highlighted during the event
MUMBAI: Tata Chemicals Ltd. has been ranked amongst the top 25 most innovative Indian companies in 2020 by the Confederation of Indian Industry (CII). One of the most coveted innovation awards in the country, CII, felicitated the Company with “CII Industrial Innovation Awards 2020”, to acknowledge Tata Chemicals’ efforts in the field of new product innovation. The award ceremony was organized virtually by the apex industry body which saw participation from the large, medium, and small companies for their revolutionary world-class innovations in the past year.
CII launched Industrial Innovation Awards in the year 2014. The purpose of this Award was to encourage the industry to adopt a structured Innovation Framework in its operations and measure its performance periodically on the way to moving up the Innovation Value Chain. The Framework has been widely appreciated by the industry and the number of applications for this coveted award has been increasing year by year. This particular year the entries were evaluated on the basis of how have companies reacted to the on-going pandemic and launched innovative products that will aid the consumer as well as the industry.
Tata Chemicals Innovation Centre has been home to world-class R&D capabilities in the emerging areas of food sciences, nanotechnology, and biotechnology. Tata Chemicals’ innovation and technological advancement in the field of Highly Dispersible Silica (HDS), developed for high-performance and fuel-efficient tyres was recognized by CII.
Mr. R. Mukundan, Managing Director & Chief Executive Officer, Tata Chemicals said, “We are honored to receive this prestigious award from CII for excellence in innovation. We strongly believe that Innovation powers Excellence in whatever we do. We will continue to drive value through innovation, digitalization, and sustainability across our various business units. Winning this award for the second time is testimony to our commitment to being a leading sustainable, innovative, science-led chemistry company.”
Tata Chemicals has three state-of-the-art Innovation Centres in India – Tata Chemicals Innovation Centre (IC) in Pune, Rallis Innovation Chemistry Hub (RICH), and Agri-Biotech R&D Facility in Bengaluru that houses experienced scientists. These centers act as the company’s technology and innovation hub to support Tata Chemical’s growth in Basic Chemistry Sciences, Agro Sciences, Nutritional Sciences, Material Sciences, and Energy Sciences.
In the past, CII Industrial Innovation Awards have recognized 154 firms as champions of innovation in their respective industry sectors and segments. These Innovation Awards have also been instrumental in the growth of business opportunities for winning firms. An esteemed jury evaluated the entries basis for their presentation. Some of the most eminent names from the industry and CII members were a part of the jury this year.
This CII Award gives an opportunity for companies to shine and be known nationally and internationally for their innovative products and services. In the last six consecutive years, these awards have established themselves as one of the most coveted innovation awards in the country.
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