Professional Documents
Culture Documents
W
CORPORATE STRATEGY AND SUBSCRIPTIONS LEAD | Ritika Masand
ritika.masand@wwm.co.in aste management is a major challenge that’s being tackled globally. The Indian
economy is no different. We face a major challenge when it comes to recycling
EDITOR | Rahul Kamat
non-environment-friendly products like Single Use Plastics. In retrospect to the
rahul.kamat@wwm.co.in challenge of its presence in the economy, a few brands have taken up the onus
of responsibility to create waste management solutions that can help solve the
ASSISTANT EDITOR | Nisha Shukla country’s waste problem.
nisha.shukla@wwm.co.in
Chuk is a 100 per cent compostable & biodegradable tableware brand that uses agri-residue
ASSOCIATE ART DIRECTOR | Sanjay Dalvi to produce toxin-free products as a perfect alternative to plastic tableware. Through its
sanjay.dalvi@wwm.co.in unbleached, eco-friendly, carcinogen-free, and hygienic range of products, the brand aims to
EXECUTIVE DELEGATE ACQUISITION | Shruti Nair
positively transform the catering and food ecosystem by setting it down the greenway. Apart
shruti.nair@wwm.co.in from being microwaveable, oven-able, and freezable, each of the brand’s FDA-approved
offerings boasts a sturdy and elegant design. It is this dynamic modularity that makes Chuk
and its product globally recognisable.
ADVERTISING
WEST & NORTH Ecoware is a one-stop shop for eco-friendly products that are 100 per cent natural,
Ranjan Haldar biodegradable, and easily affordable. Its range of 26 compostable products is 100 per cent
ranjan.haldar@wwm.co.in +91 9167267474 natural and includes tableware, cutlery and takeaway packaging. Ecoware actively works
with farmers to turn their biomass — which is usually burned — into a source of positive
SOUTH
Mahadev B outcomes, taking what was once waste and turning it into a 100 per cent eco-friendly product,
mahadev.b@wwm.co.in +91 9448483475 curbing the production of plastics and their dispersion into the natural environment.
Vaishnavi B Ravindran That said, Bakey’s brings you spoons, sporks or chopsticks that you can use and eat after use.
vaishnavi.ravindran@wwm.co.in +91 9962741430
These are ‘Edible’ because they are made of flour. They contain absolutely no chemicals or
preservatives and are just flours kneaded with water and are 100 per cent natural products.
OVERSEAS PARTNER | Mike Hay What’s more? ABPP Durables manufactures their wooden disposable cutlery using raw
Ringier Trade Media materials from Responsibly Managed Forests. Their idea is to Stay Healthy with Enhanced
China Taiwan Hongkong & South East Asia
mcchay@ringier.com.hk +852 2369 – 8788
Hygiene by taking it up a notch with their wooden disposable spoons.
Biobox India has completely safe areca palm leaf alternatives and paper alternatives which
CAREERS are 100 per cent sustainable, eco-friendly, chemical-free and compostable. An alternative for
careers@wwm.co.in plastic disposable tableware and driving an eco-green awareness in society.
SUBSCRIPTIONS
subscriptions.wwm@wwm.co.in
FESTIVAL OF MANUFACTURING:
20 DECARBONISING INDIA’S
MANUFACTURING SECTOR
In Association with
COVER STORY:
24 THE FESTIVAL OF
MANUFACTURING, LET’S
KEEP CELEBRATING!
32
LET’S GEAR UP!
33
VANDE BHARAT
EXPRESS IS 35 WHY SKILL DEVELOPMENT
A SYMBOL OF IS CRUCIAL TO NEW-AGE
A RESURGENT MANUFACTURING?
AND
ASPIRATIONAL
INDIA
8 News
Spotlight 37 HOW INDUSTRIES CAN
ENABLE SUSTAINABLE
16 ”We are driving innovation in MANUFACTURING IN INDIA
formulating the most advanced
lubrication solutions”
Sustainability
42 We want to accelerate Sustainability
and Circularity in India
Cosmo Films set to exhibit its product range at four major trade shows
C osmo Films, a global lead-
er in speciality films has
announced its participation in
extensive range of speciality
packaging, label, lamination,
synthetic paper, promotional
four prominent trade shows in films, and industrial films
the label and packaging indus- along with Cosmo Plastech
try. The company will exhibit (Rigid Containers) and Cosmo
at LabelExpo Mexico from 26- Sunshield (Window Films) for
28 April 2023, Visual Impact various applications in these
from 3-5 May 2023, Interpack exhibitions. During the exhi-
from 4-10 May 2023 and bition, Cosmo Films’ team of
FESPA from 23-26 May 2023 professionals will be present to
highlighting its latest product Mexico, Visual Impact, Interpack, discuss personalised packag-
offerings and industry-leading inno- and FESPA is of immense impor- ing alternatives and address inquir-
vations. tance to us, as it enables us to engage ies from visitors and delegates. The
Sharing his thoughts on the with customers and industry experts company aims to leverage these exhi-
same, Pankaj Poddar, Group CEO, in these regions. Our involvement in bitions to foster new collaborations
Cosmo First Limited said, “Being these events reinforces our commit- and partnerships, exchange industry
innovation-led, we have developed ment to providing cutting-edge and knowledge, and gain a deeper under-
superior-quality and innovative films environment-friendly solutions to standing of customers’ requirements
that fulfill the evolving needs of our our customers.” to deliver the most effective and in-
clients. Participating in LabelExpo Cosmo Films will showcase its novative packaging solutions.
baby care and disposable medical with high added value for safe and plastic that would otherwise typically
applications. In all these cases from functional hygiene applications,” not be suitable for mechanical
diapers to surgical drapes and medical adds Hans Pierik, Global Hygiene recycling processes. These more
gowns, sustainable materials can serve and Healthcare Leader at SABIC. sustainable solutions can be adopted
as direct drop-in alternatives with no INDEX is the largest global in downstream processes as direct
compromise in production efficiency venue of the nonwovens market. drop-in alternatives to incumbent
and product performance. As the name implies, SABIC’s materials with no compromise in
Further examples on display PURECARES solutions for production efficiency, purity, and
at the company’s booth will nonwovens and hygiene films product performance. Moreover,
feature TRUCIRCLE solutions for combine high purity and care – two they meet with global megatrends to
facemasks, including an N95 design of the most important considerations extend the circular plastics economy
that localises the value chain with when it comes to personal hygiene also to the market of personal hygiene
SABIC® PURECARES PP spunbond products. Importantly, the company’s products and increase efficiency by
and meltblown polymers in Saudi PURECARES polyolefin products creating value from used materials
Arabia. SABIC provides complete are based on technologies free of that would otherwise end up as waste
solutions for facemask production both tris (nonylphenyl) phosphite in landfill sites or incineration plants.
8
NEWS
food and water contact grades target- made from recycled raw materials, globally and exclusively commercial-
ing the home appliance market, as well resulting in lower CO2 emissions ised and distributed by DOMO.
as solutions for automotive cooling. compared to virgin alternatives. Ludovic Tonnerre, Chief Com-
These new solutions represent mercial Officer of Global Engineered
Expansion in Asia, beyond India a breakthrough for the automotive Materials at DOMO Chemicals said:
DOMO Chemicals also recently an- and E&E markets and demonstrate “2023 is the 70th anniversary of the
nounced a manufacturing contract DOMO Chemicals’ commitment TECHNYL® brand, a polyamide-
signed with MIKA INC. for TECH- to sustainability. They are also essen- based range with unparalleled perfor-
NYL® solutions in South Korea and tial to the company’s undertaking to mance attributes. We are strengthen-
an ambitious long-term capacity double sales in circular solutions by ing our sustainable development
increase in China of up to 50 KT 2030, thereby meeting the evolving capabilities in Asia with recent
in a brand-new plant in Haiyan, ex- needs of its customers. enhancements to the TECHNYL®
pected to become operational by the global network and our long-term
second quarter of 2024. For the e-mobility sector, DOMO investment plan to deliver innovative
TECHNYL® portfolio expanded offers these innovations: and sustainable solutions to our In-
to address high demand for e-mobili- • TECHNYL® ORANGE shaded dian customers.”
10
NEWS
12
NEWS
compared to a round BICO PP/ thermal bonding, a 100 per cent dry which samples could become the
PE fibre. Savings of up to 54 per process. This “greener” production new future standard in top sheet
cent fibre use can be achieved, process is highlighted in Rewind softness.
resulting in a 57 per cent carbon event carpet, a 100 per cent PP Drop by the INDEX™23
footprint reduction. Meralux BICO needlepunched flooring solution. Innovation Lab to discover even
TRILOBAL fibres offer possibilities During production it requires 85 per more fibre technology. This dedicated
for higher opacity, higher bulkiness, cent less energy and 100 per cent less display area will showcase the diverse
and improved liquid management, water, and generates 55 per cent less applications of nonwovens and
to bring significant improvements CO₂ compared to traditional event their specific properties. Nonwoven
to the dryness of nonwovens for carpet. samples, produced with industry-
hygiene applications. Moreover, Progress in the move away from related fibres from Beaulieu Fibres
the fibres are designed for recycling virgin fossil-based fibres for International, will be displayed
thanks to the use of polyolefin nonwovens: As of March 2023, in the areas of adsorbent hygiene
polymers. Beaulieu Fibres International can products, personal care / baby wipes,
Save energy and water offer bio circular products from construction / building, geotextiles
consumption with UltraBond: all three manufacturing sites. The and filtration.
14
SPOTLIGHT
16
SPOTLIGHT
and relevant in India’s growing simplify decision-making with potentially manufacture 159,000
manufacturing landscape. precise automated data, and boost kilolitres of finished lubricants
machine reliability and productivity. annually to meet growing domestic
Give us an insight into the For instance, our extensive digital demand from industrial sectors
new services and technologies range of expert Mobil ServSM such as manufacturing, steel, power,
that ExxonMobil has launched technical services including heavy mining, and construction, as well
recently? equipment service and steam turbine as from passenger and commercial
At Mobil, we have been focusing maintenance and service are designed vehicle segments. Once the plant is
on innovation and developing new to help operations optimise their operational, we will source a larger
technologies to improve energy equipment maintenance programs part of the raw materials and all
efficiency in industrial performance. and machine availability so they can packaging locally, thereby giving a
In the manufacturing sector, we achieve their safety, environmental, significant boost to “Make in India.”
have introduced the Mobil DTE and productivity goals. So, our expansion plans are driven
10 Excel™ Series lubricants, which The Mobil Serv Lubricant towards maximising India’s inherent
have been specially formulated to Analysis program helps save as manufacturing and industrial
meet the demands of high-pressure much as 66 per cent of sampling potential.
18
FESTIVAL OF MANUFACTURING
Decarbonising India’s
Manufacturing Sector
The share of India’s industrial emissions in overall emissions is projected to increase from
28 per cent in 2020 to 35 per cent in 2040. This highlights the need for policy actions that
look beyond the incremental process, efficiency gains and aim for deep decarbonisation
of industrial energy use. With this session, we get closer to knowing policies, technology
innovations and finance solutions to help the sector achieve carbon reduction goals.
By Rahul Kamat
I
n a significant development for carbon-intensive fuel sources to meet Abhijeet Sinha, National Program
the fight against climate change, its energy needs. It is anticipated Director, Ease of Doing Business,
India declared its intention to that by 2040, industrial emissions began the session with a thought-
achieve net-zero emissions by from India will account for 35 per provoking question when he asked
2070 at COP26. India is the third- cent of all emissions, up from 28 per if New India will teach or be
largest emitter globally, emitting a cent in 2020. This emphasises the taught by the rest of the world on
The Economic Times POLYMERS | April - May 2023
net 2.9 gigatons of carbon dioxide need for legislative initiatives that decarbonisation.
equivalent (GtCO2e) each year as aim to decarbonise industrial energy Preeti Bajaj, CEO & MD,
of 2019. This is despite the country’s use rather than merely incremental Luminous Power Technologies in
low per-capita emissions (1.8 tonnes process efficiency increases. her opening remarks mentioned,
of CO2). Six industries—power, The panel discussion on the “Technology today is ready for
steel, automotive, aviation, cement, topic ‘Decarbonisation of India’s aiding us towards achieving the
and agriculture—are primarily re- Manufacturing Sector’ was held at decarbonisation goals”. “Until
sponsible for the majority of these the Festival of Manufacturing and the covid, most countries bought
emissions (about 70 per cent). focused on the policy to achieve bicycles from China, but now the
The demand for primary energy clean energy targets. This highlights geopolitical scenario’s changed. The
from the industrial sector more the need for policy actions that look demand has shifted from China to
than doubled between 2005 and beyond the incremental process, the world. The challenge in front of
2012, mostly due to the industry’s efficiency gains and aim for deep India is to have a supply ecosystem
economic expansion. However, decarbonisation of industrial energy to be able to cater for the demand
India’s manufacturing industry still use. and price competitiveness”, added
primarily relies on conventional, The moderator of the panel Navid Talib, President & COO,
20
FESTIVAL OF MANUFACTURING
| Abhijeet Sinha, National Program Director, | Preeti Bajaj, CEO & MD, | Navid Talib, President & COO, Hero Ecycle
Ease of Doing Business Luminous Power Technologies
Hero Ecycle. and efficiency. We have to check by tyre providers. Amar Variawa,
Among the many possibilities our regular energy demand to EV Country Director – Public Affairs,
for decarbonising industrial heat, and shift the industrial demand to Sustainability & ESG, Michelin
employing hydrogen has important biomass.” said, “We have an all sustainable
advantages over other energy carriers In the years to come, the approach which very well gels
because it is readily available, can automotive industry’s form is with our strategy which is equally
be stored and transferred with likely to shift drastically as it plays distributed between People, Profit
high energy density in liquid or a significant part in reversing the and Planet”.
gaseous forms, and doesn’t emit any climate disaster. One field that Abhijeet Sinha also shifted
emissions at the time of use. This has advanced significantly is tyre the discussion towards the
decade will be significant. India technology. Decarbonisation efforts Green standards such as carbon
can pursue economic growth and have been made by tyre producers. credits and sustainable buildings
speed decarbonisation at scale with At the same time, tyre technology to achieve the decarbonisation
deliberate effort. has shifted its attention more and goals. In the fight against climate
Shekhar Kashalikar, Chief more towards the part tyres play in change, carbon credits—often
Executive Officer, Thermax Babcock helping to optimise vehicles for the referred to as “offsets”—play a
& Wilcox Energy Solutions said, environment. crucial dual function. They make it
“We must understand that hydrogen Through lower rolling resistance, possible for businesses to promote
is beneficial for the future but is not tyres can increase a vehicle’s fuel decarbonisation outside of the scope
affordable as the prices are more than efficiency. New digital and data of their carbon footprint, hastening
3 to 5 times rather than following in services that promote increased the transition to a future with
the Western world. We have to look resource usage and vehicle reduced carbon emissions overall.
The Economic Times POLYMERS | April - May 2023
for our way which is electric vehicles efficiency have also been created Additionally, they contribute
to the funding of carbon dioxide
removal projects, which produce
negative emissions that must
be neutralised to offset residual
emissions that will continue to exist
even under the most optimistic
decarbonisation scenarios. Also,
sustainable and green buildings are
an important part of the transition.
The utilisation of renewable energy,
efficient technology, sustainable
material use, and reducing the
carbon footprint of the construction
| Shekhar Kashalikar, Chief Executive Officer, | Amar Variawa, Country Director – Public process will pave the way for a
Thermax Babcock & Wilcox Energy Solutions Affairs, Sustainability & ESG, Michelin cleaner, greener future.
22
COVER STORY
Presents
In Association with
As we celebrate this festival, let's take a moment to appreciate the incredible impact
that manufacturing has on our lives. Everything we use, from our phones to our
cars, has been made by the skilled hands of engineers, designers, and technicians.
Their hard work and dedication allow us to enjoy the comforts and conveniences of
modern life.
T
he Festival of and policymakers from the 2023 edition of the conference,
Manufacturing is an manufacturing industry to share held at Dr Ambedkar International
annual symposium knowledge and ideas on the latest Centre, Delhi on 24th March
The Economic Times POLYMERS | April - May 2023
that aims to bring developments, challenges, and 2023, was a resounding success,
together professionals, researchers, opportunities in the sector. The attracting over 600 attendees in
the manufacturing sector from all
over the country.
The Festival of Manufacturing
kicked off on 23rd March with a
Gala Dinner which was attended
by our Brand Ambassadors,
partners, concerned ministries and
delegates from the manufacturing
sector. In fact, on behalf of our
Brand Ambassadors, our team
did a tree plantation drive which
will be managed by ET Edge in
future.
That said, the conference,
24
COVER STORY
which took place on 24th March bags directly from the airport! participants with a platform to
was organised around several The Festival of Manufacturing’s both reconnect and network with
themes, including Industry presenting partner is Exxon each other. As curtains came down
4.0, sustainable manufacturing, Mobil, in association Partner RR on the evening, a visibly elated
digital transformation, and KABEL, the Gold partner was senior executive working with a
skills development. The keynote Ace Micromatic Group, Banking leading multinational involved
speeches by Dr Bhagwat Karad, Partner was State Bank of India, in creating software solutions was
Minister of State, Ministry of Associate Partner was igus India, seen excitedly telling other guests,
Finance, Government of India the exhibition partners were 'Great show! I'm glad that I could
and Mr Narayan Rane, Union Schunk, Elgi Equipment Ltd make it.'
Minister, Ministry of Micro, and Tally, and supported by the
Small & Medium Enterprises, Ministry of Heavy Industries, Panel Discussions
Government of India and panel Ministry of MSME and Ease of One of the main topics of
discussions featured a diverse Doing Business. discussion was Vision 2030:
range of perspectives from By bringing together the SAMARTH and SASHAKTA
industry leaders, academics, and various stakeholders in the Udyog Bharat. Where the
government officials, providing manufacturing sector, the panel comprising H K Agarwal,
valuable insights into the current Gala Dinner also provided the Managing Director, Grasim
state of manufacturing and
the future direction of the
industry.
The Economic Times POLYMERS | April - May 2023
25
COVER STORY
Industries; Vipin Rana, CEO, discussed and deliberated on how India realistically take advantage
Exxon Mobil Lubricants Pvt Ltd; a thriving manufacturing sector of this shift? (Refer to page no 35
TK Ramesh, MD, Micromatic could potentially be the most for a detailed version)
Machine Tools; N Venu, critical building block for India’s Another key attraction was
Managing Director & CEO, economic growth in the coming Sudhanshu Mani, Creator of
Hitachi Energy in India and year. One of the opportunities Vande Bharat Express which was
South Asia; Kamal Bali, President that a lot of people are talking a big hit and attended by several
and MD, Volvo Group, India about is China + 1 model. Global industry leaders.
and Uday Narang, Founder and companies are reconfiguring Another key theme was
Chairman, Omega Seiki Mobility their value chains and sourcing sustainable manufacturing,
and Anglian Omega Group manufacturing footprints. Can which involved reducing
26
COVER STORY
the environmental impact products for recyclability. (Refer Surface Technologies for BASF
of manufacturing processes to page no 42 for a detailed version) India & Whole-time Director,
and products. The session One of the main attractions BASF India Ltd and Zurvan
was attended by Navid Talib, of FOM was the performance Marolia, Sr Vice President and
President & COO, Hero Ecycle; in the Atrium Lounge by Colors Head Manufacturing Council,
Amar Variawa, Country Director of India and Inspiring Stories Godrej and Boyce discussing
– Public Affairs, Sustainability in Nalanda Hall. What’s more? the challenges and opportunities
& ESG, Michelin; Preeti Bajaj, Digital transformation was also of digitising manufacturing
CEO & MD, Luminous Power a prominent topic, with speakers processes. (Refer to page no 44 for
Technologies; Shekhar Kashalikar, like Amol Nagar, Managing a detailed version)
Chief Executive Officer, Thermax Director, MMF – India, GE Digital transformation
Babcock & Wilcox Energy Aviation; Shishir Sharma, Chief can improve efficiency, reduce
Solutions. Many companies are Sales Officer, RR Kabel; Narendra costs, and enable new business
adopting sustainable practices Shah, Director, Bayer Vapi; Anil models, but it requires significant
such as using renewable energy, Choudhary, Vice President - investment and organisational
reducing waste and designing Materials, Industrial Solutions and change. The conference featured
by The Times of India, and attended by various The young generation must know the
entrepreneurs is a great platform for the various latest technology. Robotics, 3D printing,
MSME manufacturers to grow their businesses. Aerospace, Defence equipment, Drones, and
To increase employment, improve the country’s Telecommunication sector industries need special
GDP, increase the country's overall exports, and attention.
make the country Aatma Nirbhar, is a well- Let me cite an example, a food processing unit in
known ambition of our Prime Minister Mr India can produce up to 10,000 juice cans at the
Narendra Modi. same time a food processing unit from China can
When Mr Narendra Modi became the Prime produce 100,000 juice cans. The question is how
Minister of India in 2014, India ranked 10th in is that possible? It is possible with the help of the
the world economy. Eight years later, we are in right technology and machinery advancements.
the 5th position and by 2030 we aim to be the Under my ministry, there are 6.4 crore MSMEs in
3rd largest economy in the world. Friends, if we India which is employing 11.5 crore people. We
want to achieve this target, we must focus on the aim to increase the MSMEs by 12 crores in 2030.
27
COVER STORY
28
FESTIVAL OF MANUFACTURING
Vision 2030:
SAMARTH and SASHAKTA Udyog Bharat
The panel deliberated on how a thriving manufacturing sector could potentially be the
most critical building block for India’s economic growth in the coming year. It also
focussed on how global companies are re-configuring their value chains and sourcing
manufacturing footprints.
By Nisha Shukla
A
fter the felicitation of the moderated by Vaibhav Dange, For- 16 per cent to 25 per cent. However,
Champions of manufac- mer Advisor, NHAI, deliberated on he categorically stated that achieving
turing and the keynote how a thriving manufacturing sector such a focused target would need
address by Dr Bhagwat could potentially be the most critical attracting investments, which will
Karad, the Festival of Manufacturing building block for India’s economic also be crucial in accomplishing the
The Economic Times POLYMERS | April - May 2023
kickstarted with its first-panel discus- growth in the coming year. It also fo- five trillion-dollar economy target.
sion on Vision 2030: SAMARTH cussed on how global companies are Dange also emphasized on
and SASHAKTA Udyog Bharat, held re-configuring their value chains and the fact, that post-COVID, ample
at Bhim Hall. The panel comprised sourcing manufacturing footprints. opportunities are coming to India,
Managing Director of Grasim In- The discussion started with at a time when the whole world
dustries - H K Agarwal; Vipin Rana, Vaibhav Dange, Former Advisor, is looking at China plus one
CEO, Exxon Mobil Lubricants Pvt NHAI, talking about the Hon’ble manufacturing model. And all these
Ltd; TK Ramesh, MD, Micromatic Prime Minister’s continuous factors are offering India a huge
Machine Tools; N Venu, Managing emphasis on his pet project - opportunity to present itself as a
Director & CEO, Hitachi Energy in ‘Make in India’ and how this global manufacturing hub.
India, and South Asia; Kamal Bali, campaign would be crucial for the Posing a question to the panel
President and MD, Volvo Group, country’s economic growth. He also members, Dange asked what are the
India; and Uday Narang, Founder mentioned the tangible target that other factors that will help Indian
and Chairman, Omega Seiki Mo- the Hon’ble PM has given to the Manufacturing to become Sashakt
bility and Anglian Omega Group. manufacturing industry of increasing and Samarth? To which, Vipin Rana,
The power-packed panel discussion their contribution to the GDP from CEO, Exxon Mobil Lubricants Pvt
29
FESTIVAL OF MANUFACTURING
Ltd, said, “For India to emerge as a this also reflects several issues that should focus on increasing the
credible global manufacturing hub, India needs to work on,” highlighted amount they spend on innovation.
there are certain enablers required Agarwal. Citing data from U.S. private
for its transformation. The first Given, the output quality is still Industries, N Venu highlighted that
one is government policy, followed questionable, he stressed developing the USA spent close to nine per cent
by investment in technology and a culture of quality over quantity. “Be of its sales on their in-house R&D.
human resources, and the adoption it quality of education in the school On the other hand, Germany spends
of digital technology.” The last or colleges or quality of training in close to four per cent, whereas China
element, which he emphasised as the industry,” Agarwal said, “the spends nearly two and a half per
most important one was, “a need basis of everything should be on cent. However, India spent almost
for a cultural transformation, that developing a culture of excellence 0.3 per cent.
sometimes is not as visibly present.” and quality.” Given the gap, N Venu stated,
Agreeing with Rana’s point N Venu, Managing Director & “If there is no innovation, then we
of view on the need for cultural CEO of Hitachi Energy in India will not be able to manufacture.
transformation, H K Agarwal, and South Asia cited an interesting Currently, what we are doing is
Managing Director, Grasim data on global output. According more offshoring. However, we need
Industries, cited data from a recent to him, India’s manufacturing to practice more innovation-led
survey which indicated that only output today accounts for around manufacturing growth.”
27-28 per cent of parents encourage 3.1 per cent of global output. The TK Ramesh, MD, Micromatic
their children to opt for a career in manufacturing output of two biggest Machine Tools questioned, “Can we
manufacturing. “This is not a very countries, China & USA, account be Samarth and Sashakta? “I don’t
healthy situation, and the industry for 29 per cent and 16 per cent see any reason why we can’t. Do we
will have to compete for talent respectively. have a choice not to become? I don’t
The Economic Times POLYMERS | April - May 2023
against services or other professions. Commenting on the data, believe we have a choice.” However,
The sector should focus on becoming Venu said, “If you see, 50 per cent an optimistic Ramesh stated that this
safer. It should also work towards of the manufacturing outputs lie discussion on building a Samarth
improving the quality of life of its with these two countries (China and Sashakt Udyog Bharat is in itself
people, with more emphasis on the & USA). Today, we are at 3.1 per a fact that a step has already been
quality of its human resources,” he cent, so what we need as a country taken in this direction. “A lot of
added. is not incremental growth. We need work is happening on that front, and
With Apple shifting its iPhones to leapfrog to reach what we have the best part is that several Indian
manufacturing base in India from envisaged becoming. And this can companies have been doing a lot of
China, Agarwal termed this move happen if we work towards end-to- work. Even a lot of multinationals
as a proud moment. However, he end, innovation-led and technology- are coming here. We have been
highlighted that the quality rate of led manufacturing, not only for making in India for India, and I
several components is still 50 per the large-scale organization but the believe we will Make in India for the
cent. “Nobody can compete with a whole value chain, such as small and world,” said TK Ramesh.
50 per cent rejection rate. Of course, medium enterprises.” According to Uday Narang,
it is an initial learning curve, but He also highlighted that India Founder and Chairman, Omega
30
FESTIVAL OF MANUFACTURING
| N Venu, Managing Director & CEO, | Kamal Bali | Uday Narang, Founder and Chairman,
Hitachi Energy in India, and South Asia President and MD, Volvo Group, India Omega Seiki Mobility and Anglian Omega Group
Seiki Mobility and Anglian Omega “We should look at locations such buckets. The first bucket involves
Group, the young generations and as Jharkhand, UP, rural Karnataka, the domestic ecosystem, the second
Nari Shakti (women counterparts) Tamil Nadu etc. The next 10 years bucket is firm level capacity and
are the ones who are going to lead or the next two decades belong to us. competitiveness, and the third bucket
this country. He further stated I think we should stop complaining, is the global ecosystem,” said Bali.
that not everybody needs to have a do hard work and stop asking He further noted that it is
Master’s or Undergraduate degree, the government for a handout on important to closely look at the
the only thing that is needed is a everything,” he added. domestic ecosystem. By this, “I
full-fledged technical and internship On developing India as mean ease of doing business, the cost
programs to help people learn. manufacturing hub, Bali said, “India of doing business, the speed of doing
He also mentioned that we needs to be a manufacturing hub as business, lack of Inspector Raj,
(Indians) should stop comparing we don’t have an option. We have among others. I think all of these
ourselves to the United States or 1.4 billion people to feed; we need must fit into the first bucket where we
Europe, as there’s no comparison to be self-reliant. We need to create create a domestic ecosystem in terms
between what they’re doing and what 90 million more jobs by 2030 and of policies, infrastructure reforms
we are doing. “But what we need to just services and agriculture cannot which help the manufacturing.”
do is build the ecosystem. We can’t do it alone.” He further stated that the second
compete with China or Japan or He further stated that, it is part is the critical one and the most
Korea unless we build the ecosystem, essential to look at manufacturing important one, as it involves need
and this needs an alliance-based in a big way, as far as rebalancing for quality and Innovation. “I will
business,” he added. of global value chain is concerned, add one more thing to it, which
Talking on alliance-based thanks to COVID. “Almost 4 trillion is partnerships because no one
business, Narang said, “I see a lot dollars of manufacturing is moving company can do the 360 degrees of
The Economic Times POLYMERS | April - May 2023
of players here doing alignment out of certain geographies today. what the customer wants. You will
where you can have MSME, bigger Therefore 20 per cent of the shift need more and more partnerships
organizations and public-private happens towards India. Out of $4 and collaborations to be able to do
partnerships. Even at Omega Seiki trillion, our manufacturing which is the 360 degrees,” he added.
Mobility, we have built alliances about $400 billion today, will go to Along with culture, quality,
over the years and everything we $1.2 trillion and in another two to and ecosystem, Bali also included
have made in India. There is no three years’ time, it will surely touch competitiveness and MSME’s as a
problem having an alliance with a $5 trillion economy. You will be part of the second bucket. The third
Europe, Japan, Korea or wherever, exactly 25 per cent of GDP. So, as I piece according to him is the global
but one should ensure to make and look at the things, they are looking ecosystem because manufacturing
build the ecosystem here in India.” very well in terms of the whole setting needs volumes and economies of
Another thing that Narang and dynamics at the macro level.” scale. “If we tick these three boxes,
suggested was to focus on setting At micro level, he pointed out I’m sure we will be there and soon
up manufacturing facilities in rural three aspects. To begin with, “we India will be the Manufacturing
areas. He says that these facilities need to look at achieving excellence Powerhouse of the world,” he
don’t need to be only in the big cities. in manufacturing through three concluded.
31
COVER STORY
Truly Aatmanirbhar
Gursaurabh’s DVECK is a true
testimony to India’s Aatmanirbhar
initiative which defied the general
I
understanding of creating a
t’s common nowadays, to see change there were two things that groundbreaking technology
the automotive market being need to be focused on. First, it that requires a big lab, funding
filled with electric vehicles. needs to happen on a micro-scale, rounds, a big team, and the best
From range to the charg- hence I selected cycles.” equipment facility. “We have
ing facility, the manufacturers in Secondly, he explained, done it without any advanced
the auto industry are upgrading should be retro fitment in the shopfloor and testing facility,” he
infrastructure and they are do- existing vehicle. “We don’t change said during his presentation.
ing so in the best interest of all. the entire vehicle. We just change During his talk, Gursaurabh
But, who can think about turning the power source.” He further demonstrated the mighty
a bicycle into an e-bike which is, cites an example of the use of a DVECK kit for the bicycle
despite massive automotive trans- CNG kit. “Similarly, the bicycle which is waterproof and fire-
formation still a primary mode of won’t require any cutting or resistant. Moreover, the material
transportation for 58 per cent of welding in the frame. Before of the DVECK used is aircraft-
commuters in India! the process of manufacturing, grade aluminium which makes
The Economic Times POLYMERS | April - May 2023
However, it was the dream of there is the process of R&D, it rustproof and lightweight.
a common Indian who thought, where we understand the needs Dignified with the triangulated
why can’t every Indian have of the market. The design needs design, the DVECK comes with a
his/her mode of transport that to be robust, affordable, and battery indicator, ignition switch,
is sustainable, affordable and sustainable.” and throttle. With a maximum
simple? It was Gursaurabh Singh, With a hands-on experience range of 40 km per charge,
Founder, Dhruv Vidyut who of 10 years, in production Swadeshi Cycle Supports a top
made it possible with his out of processes, machining, die speed of 25 kmph and can bear a
box EV innovation for the classy making, fabrication, and maximum payload of 170 kg.
bicycle. During his DisrputX talk welding processes, Gursaurabh, Stating as an excellent
at the Festival of Manufacturing, developed ‘Dhruv Vidyut Electric example of the struggle for
he shared his side of the story Conversion Kit (DVECK)’ which local innovations at the pace of
as to why such innovation was can turn a bicycle into an Electric India’s exponential development,
required, especially for the bicycle. Vehicle with multi-purpose Gursaurabh has led great efforts
He said, “After doing the research features. With ‘bolt-on’ supported to make this e-bicycle competent
I realised that to bring such a DVECK which fits like a glove, to modern commercial EVs.
32
COVER STORY
I
ndia’s first indigenous semi-high-speed train has
The Economic Times POLYMERS | April - May 2023
33
COVER STORY
when he approached the then without a vision or a vision was to prepare the frame of the
Chairman of the Railway Board. without action is meaningless,” he semi-high speed bogies for Train
He pitched Train 18 to him, and said and further added: “I met the 18. Mani found a company in
even assured that the ICF team can Chairman, Railway Board, and Kanpur that could make the
manufacture a world-class train at sought a fund of Rs 200 crore to frame and handed it over to the
one-third the cost of importing manufacture a train.” Integral Coach Factory. A team
such a train from abroad. As he proposed the idea of of 50 railway engineers and 500
“The Chairman was about developing a semi-high-speed factory workers then worked
to retire in about 14 months. train with indigenous technology continuously to design and
Therefore, we had to lie to get that could compete with the prepare the prototype rack of
the work done. We said that this imported trains in terms of Vande Bharat in just 18 months.
train would be ready before his speed and quality while being Mani revealed that to make
retirement and he will be the cost-effective. Sudhanshu added, his dream of manufacturing a new
one to inaugurate it. While we “This proposal was initially train successfully, he undertook
knew that it was not possible to met with scepticism from the many efforts to bridge the gaps
complete this work in such a short Railway Board officers, but with with a few simple acts. “I went
The Economic Times POLYMERS | April - May 2023
time,” he added. my persistence, the project was through the factory and met the
Despite all efforts, approval approved.” employees. They never met a
was not given. Not prepared Finally, we got permission GM,” he revealed. “They have
to take no for an answer, Mani to make this train. As soon as it never seen the GM’s bungalow
added, he caught hold of the was approved, the whole team before except the senior officials.”
official’s feet and said he would started working on it. It was a He said, “I always wondered
let go only if he is permitted the project, so it needed a name. that with a huge pool of railway
project. That's when we named it "Train engineers in this large system,
18". Our hard work paid off when however, we can’t have a train that
Creating Train 18 we made a train in 18 months is aesthetically superior or faster.”
When the Railways was planning that would have taken 3 years to By the time he retired from
to import a semi-high-speed train make abroad. Later, it was named ICF, the coach factory which is
in 2016, Mani became General "Vande Bharat". one of the biggest manufacturers
Manager at the Integral Coach of train coaches in the world had
Factory Chennai. “I was posted Challenges churned out two Vande Bharat
as GM of ICF in 2016. Dream One of the biggest challenges Express trains.
34
FESTIVAL OF MANUFACTURING
M
anufacturing is one of need to understand what kind of “We need safety, faster productivity,
the crucial industry transformations are happening quality, and efficient delivery, and
sectors in India. The which is important for the success of then there is a cost. According to
The Economic Times POLYMERS | April - May 2023
potential for employ- today, and tomorrow as well.” Shukla, the new-age manufacturing
ment in this sector is immense with Doreswamy lists down six will be driven by sustainability,
new-age, digital technologies dis- proprieties – Industry 4.0, demand energy and digitisation. And I
rupting the industry. Training can- for quality and efficiency, new believe that our workforce needs to
didates in evolving technologies has technologies and trends, increased be upskilled or reskilled.
become mandatory to cater to the re- focus on sustainability, Make in Vinit Goenka, who was
quirements of the skilled workforce India and lastly, gender parity. moderating the session, talked about
in this sector. He further said, “Unfortunately, the importance of gender diversity
Answering the question of how within manufacturing, I think the in the manufacturing sector. During
the new-edge technologies have involvement of female workers is less the discussion, he mentioned the
been adapted in the manufacturing than 17 per cent.” Pradhan Mantri Kaushal Vikas Yojna
sector, Prashanth Doreswamy, Taking the discussion further, which retained around 1.37 crore
President and CEO, Continental Shailendra Shukla, MD Vehicle workforce and asked the panellist
India said, “To understand why Group, Eaton India questions should the training institutions
skill development is required in why there is a need for new-age update their curriculum to align it
the new-age of manufacturing we technology. He further explains, better with evolving technologies.
35
FESTIVAL OF MANUFACTURING
Is a degree more important than a Tata Batteries feels that we, as robotics. We are also contemplating
skill? To this, Suman Yadav, Vice Indians, are highly obsessed with bringing AI to manufacturing.
President - Operations, Hindware degree and designation. “So in our But all these activities are driven
said, “The demand and skillset country, the designation moves by skilled manpower because the
for the manufacturing industry is with an understanding that he/she pharma industry is run by the
changing now. The onus is just not is skilled or not. In our country, regulators.”
on the institution, but also on the at least any mother who wants to During the discussion, Bipul
industry at large, to collaborate marry her girlchild to somebody Chandra, Managing Director,
with such institutes and develop an called a master plumber or the chief Ducati India believed that the
ecosystem.” technician is very less or negligible. problem areas in the manufacturing
At present, he further explains, This is because society does not industry are quantifiable, like sales.
the manufacturing companies set recognise the skill, and gives more There is always a reverse process.
up training centres where they train impetus to the reputation which Increasing the skill level also means
people to get a first-hand experience comes with designation.” giving them (shopfloor workers)
in their process knowledge. What Meanwhile, Prakash Guha, ownership of the entire process
eventually these manufacturing MD & CEO, Zuventus Healthcare along with an honest opinion of
companies are doing is inside their explains to the audience that pharma what the market is thinking about
establishments. “I think, this needs manufacturing is different because the product. Because, he said, “At
to change and manufacturing pharma is a knowledge-based the end of the day, what you do in
establishments should extend support industry and requires a certain set the factory (end product), which is
to institutes in building a curriculum of skills. He said, “Pharma industry purchased by customers may come
in line with present changes.” has already adopted new-edge back (with defect) and haunt us in
The Economic Times POLYMERS | April - May 2023
36
FESTIVAL OF MANUFACTURING
M
anufacturing done in solutions to gather, analyse, and act in the Festival of Manufacturing
a way that minimises on data across their organisation in began with open remarks by
its adverse effects on close to real-time, manufacturers can distinguished panellists.
the environment, lessen their environmental impact In his opening remarks, Nitin
conserves energy and natural re- and find their path to sustainable Vyas, Managing Director, Beumer
sources, protects workers, communi- production. This will increase Group said, “Product in a silo is
ties, and consumers, and is also prof- efficiency, reduce waste, and help not sustainable unless a sustainable
itable. Manufacturers are becoming manufacturers find opportunities for supply chain is integrated into the
more aware of sustainable business sustainable innovation. Manufacturing”. He emphasised
practices’ substantial to economic The panel discussion held on the that looking for sustainability in
and environmental advantages. topic ‘How Industries Can Enable manufacturing alone will not be
By using intelligent edge Sustainable Manufacturing in India’ enough but the entire product life
37
FESTIVAL OF MANUFACTURING
| Nitin Vyas, Managing Director, | Arvind Chandra, CEO - Mechatronics and | Ankush Khanna, South Asia Pacific –
Beumer Group Vehicle Access Systems, Minda Corporation Ltd Commercial Brand Manager, Exxon Mobil
cycle should be considered and even then to the supplier ecosystem needs
extended up to cradle to grave. to be carefully measured to know the
Arvind Chandra, CEO - environmental output caused.”
Mechatronics and Vehicle Access The development of fresh
Systems, Minda Corporation Ltd methods that utilise less toxic
explained in his open remarks how materials and produce fewer
the automotive industry has a lot emissions, which may thus be
of pressure on margins and how his deemed green processes, will be vital
organisation straddles both worlds in addition to refining and optimising
of achieving the UN’s Sustainable the present processes. Building
Development Goals(SDGs) as well capacity in the manufacturing sector
as the Prime Minister’s targets for is necessary to accomplish this as well
sustainability in whatever they do. | Abhijeet Sinha, National Program Director, as to measure and audit. The leaders
He said,” Affordable sustainability Ease of Doing Business in manufacturing must assume
in manufacturing is very important, responsibility for this if others are to
We are taking a holistic approach in manufacturing as many in the follow.
and looking in areas where we can industry generally do not consider “We at Exxon have taken the
have affordable innovations”. the after-effects of their blind race to responsibility to provide energy
Ankush Khanna, South Asia achieve what is best for their self. to the world in a responsible
Pacific – Commercial Brand The discussion shifted towards manner through various programs,”
Manager, Exxon Mobil addressed measuring the product and the Ankush Khanna remarked. Reduce,
how the increase in GDP of carbon footprint it generates. Today’s reuse, recycle, recover, redesign,
The Economic Times POLYMERS | April - May 2023
the nation increases the lifestyle most prosperous manufacturing remanufacture, repurpose, refurbish,
demands of the people, which in companies understand that being and discard in addition to the 3Rs
turn automatically increases the environmentally conscious not only should be the makers’ new priority
energy requirements. He said,” benefits their bottom line but also in addition to the usage of renewable
Energy is the requirement to sustain plays a crucial role in how their energy, predictive analysis and smart
the lifestyles of the people but we products are advertised, bought, and systems and automation.
need to be extremely careful and do used. It is crucial to take sustainability Sustainable manufacturing
a balancing act in providing energy into account throughout the entire is the most important aspect to
to society at large and manage the life cycle of manufactured goods. be considered by all production
sustainability ambitions”. “Measuring needs to be done engineers, not because it is a fad but
The moderator of the panel right from the procurement of raw a necessity as an obligation to the
Abhijeet Sinha, National Program materials, logistics, and packing,” world we live in. “Every organisation
Director, Ease of Doing Business said Nitin Vyas. Arvind Chandra needs to take small steps towards
took the discussion forward on added, “The entire ecosystem from sustainability and environment as it is
how Sustainability can remain with the validation of design through to our responsibility towards our future
the adoption of new technology taking it into manufacturing and generations,” added Khanna.
38
FESTIVAL OF MANUFACTURING
I
ndia is one of the fastest-grow- propose new ideas. To discuss such Banerjee opened the discussion
ing economies in the world new ideas an engaging session was with the panellists asking them,
and Innovation is essential to hosted at the Nalanda Hall on “What is their take on innovation
sustain this growth trajectory. Innovation: Need of the Hour for in the manufacturing sector or in
With the manufacturing sector con- Indian Manufacturing. generic use? Answering this, Amol
tributing significantly to the GDP, The eminent panellists who Nagar, Managing Director, MMF –
The Economic Times POLYMERS | April - May 2023
innovation can help drive growth, discussed in length on the topic India, GE Aviation said, “Innovation
competitiveness, and job creation. comprised Amol Nagar, Managing in the manufacturing space is a top-
As far as companies are Director, MMF – India, GE down approach, in terms of putting
concerned, several manage to Aviation; Shishir Sharma, Chief the fund, having consistent effort
achieve success in a short span, Sales Officer, RR Kabel; Narendra around it.” Further, he noted that
but a lack of innovation prevents Shah, Director, Bayer Vapi; Anil “It is convenient for the top line to
them from replicating. Innovation Choudhary, Vice President - say, you must do the invention and
remains a challenge for the Materials, Industrial Solutions and adequate funding will be provided.”
Indian manufacturing sector. Surface Technologies for BASF However, he emphasised creating an
It is encouraging that India has India & Whole-time Director, BASF open work culture and behaviour
jumped to 40th rank in the global India Ltd and Zurvan Marolia, which allows people to take the
innovation index. There should be Sr Vice President and Head of initiative to innovate and create.
more bridges, links or partnerships Manufacturing Council, Godrej He also stated that innovation
between academia, industries, and and Boyce. The engaging session cannot be just limited to the people
policymakers to facilitate R&D, was moderated by Rony Banerjee, who are into R&D. He believes
support talent, cement gaps and Advisor, EY. that a lot of innovation happens
39
FESTIVAL OF MANUFACTURING
on the shop floor. “I am a believer from manufacturing.” He further point of manufacture. And that the
that ideas can come from anywhere. states that the world and customer correctly manufactured product goes
But for somebody to come and give demand are now moving more and to the correct customer, which is a
you that idea, what you need, is a more towards customized demand. complex process.” However, he states
conducive environment that allows “As far as mass production is that “with digitization of systems,
people to open themselves and concerned,” Marolia states, “there one can trace and track components
they can contribute. This is where are countries which have stolen a across the manufacturing setups.”
psychological safety comes into play march on us but that’s not the end of Giving his take on backward
and forms the first step to creating the race.” He mentions that there is integration, Narendra Shah,
creativity within your organization,” customisation, and there is one more Director, Bayer Vapi, said, “When
he added. concept which is a combination of the we compare ourselves with China
He also emphasised on giving two, which can be referred to as Mass on backward integration, we are
people their own space and let them customisation. He believes that in facing a huge problem. It is because
celebrate their failures. “We need both these areas, India, as a country, we are dependent on China and that
to create a conducive environment stands a chance of making a mark on kills our speed and reliability.” He
within our organizations or wherever the global manufacturing stage. suggests that “it is always better to
we are working. A place where you Sharing the reason why he have a backward integration facility
celebrate the failures, fail fast and is vouching for customisation, within our country.”
learn from them. This is how we can Marolia states that India has a Shah also proposed that alike
innovate with the whole ecosystem good population spread and a good vocal for local concept, the country
in place,” said Nagar adding that demographic in terms of the number should also process their thoughts to
“this is how companies can have a of skilled engineers. “It is through think globally and act locally. This
top-down approach and then from customisation; the requirements would completely change the mindset
The Economic Times POLYMERS | April - May 2023
the bottom up as well.” This sort of can be adapted very quickly. And of our people in terms of quality cost
work culture can help people to be mass customization is an aspect of and reliability. “If these two things are
more efficient and creative. While it bringing design into it whereby by prioritised and at least we replicate
is a process, he believes that India as manufacturing standard components the same within our organizations,
a country should learn this art. in a mass manner, one gets the academia, and policymakers, I
Speaking on how India can have advantage of mass production. But think this would be another great
an edge over countries such as China, the non-standard combination of possibility for us to reach the level of
Vietnam, and Bangladesh, Zurvan standard components gives you a China. Maybe not immediately, but
Marolia, Sr Vice President and customized product. That is an area, in another three to five years we can
Head of Manufacturing Council, I believe that we need to focus on,” make our mark,” he added.
Godrej and Boyce said, “When we he adds. When asked about how the
look at competitiveness and the One of the challenges with pandemic has led to innovations
fact that India and we as a country customization, as pointed out by in the manufacturing sector, Anil
want to make ourselves a significant Marolia, is that “one must make sure Choudhary, Vice President -
global power in manufacturing, it that the needs of the customer are Materials, Industrial Solutions and
is essential to segment the demand captured and brought correctly to the Surface Technologies for BASF India
40
FESTIVAL OF MANUFACTURING
| Zurvan Marolia, Sr Vice President and Head | Anil Choudhary, Vice President - Materials,
of Manufacturing Council, Godrej and Boyce Industrial Solutions and Surface Technologies for
BASF India & Whole-time Director, BASF India Ltd
& Whole-time Director of BASF Choudhary said, “We had several happen? When you investigate the
India Ltd, said, “The whole life projects going on across the world details of it probably, we all will realize
cycle of manufacturing got impacted during COVID, especially we that it was Innovation at every level.”
during COVID. Be it supply chain, were coming up with Green Field He also pointed out that the
raw material sourcing, production, expansions.” Further, “the company’s country didn’t have the capacity to
supplies to the customers and engineering team was sitting in India, capture what went around with 140
markets, or customer service. The and they had to do the expansion crore population during COVID.
whole nuances of the business cycle work in Malaysia. Given there were However, with AI tool, Aarogya
got impacted and that pushed and travel restrictions, nobody could Setu, the entire population was
forced the industry to innovate to travel, and on top of that the project brought to one platform. Sharma
continue the business, especially at was getting delayed and the fear of also emphasised on bringing
the time, when it was seeming as if cost escalation was looming over.” the manufacturing industry and
there was no end to the pandemic. Given the situation, “we took the help Academia together in a bid to propel
And that was when the industry of augmented reality, especially the the growth of India going forward.
stood up and said okay let’s face HoloLens and our engineers sitting Citing an example, Sharma
the reality and let’s live with the in India coordinated with engineers said, “Today the population of
pandemic. I must say that prompted and suppliers across the globe. With India is 140 crores. The per capita
a lot of innovation in the industry, this we ensured that even without consumption of India in electricity
especially in terms of digitalization.” travelling and being over there in is probably one-ninth of that in
He also mentioned that it is after Malaysia the project could continue, USA or probably one fifth done in
the pandemic, the manufacturing and they finished the project in time,” Germany.” With such consumption
sector have realised the importance reminisced Choudhary. pattern, he noted that the energy
The Economic Times POLYMERS | April - May 2023
of augmented reality, AI, data, and He further stated that HoloLens consumption is going to go double
analytics. “There is lot of work going has become one of the major tools in next five years now. To cater to
on, even now to have efficient and with their engineering team and this need, he says that it is essential
strong analytics of the data. If you many travels are now curtailed to develop the talent within.
have the right data analytics, what we because of this technology and now He also pointed out that the
can have, is a very optimized process they are executing the projects from manufacturers should reach out
in terms of the manufacturing, remote locations. to the people directly who are
forecasting, inventory management Talking about India’s growth, consuming their product and the
or supply to the customers. We see Shishir Sharma, Chief Sales Officer, companies should take immediate
that the whole value chain and the RR Kabel said, “We have been feedback from them. “If we develop
life cycle of manufacturing have deliberating so long whether it was a system as a manufacturer of
become much more efficient,” added China or Vietnam, or anybody has bringing the consumers closer to us,
Choudhary. done better in COVID with such a I’m pretty sure in India, we will be
Recalling his experience on how large population better than India. able to make one of the world-class
augmented reality helped BASF in Probably the answer would be no. best product lines and it is possible if
its operations during pandemic, We did it, we proved it. How did it we believe into it,” he concluded.
41
SUSTAINABILITY
42
SUSTAINABILITY
Technology (BNT) that combines One of the interesting projects you Center in Abu Dhabi. It’s equipped
excellent clarity and aesthetics with have recently completed was 900 with around 100 researchers
superior productivity, designed for greenhouses in Rajasthan. Can generating new product mixes. As
use in premium houseware and you share some details? such 20 per cent of our product
food containers. Its combination It’s indeed an interesting project. mix is always new products. We are
of high flow and BNT allows for As Jaipur is located in the semi-arid phasing out old products, bringing
cycle time reduction and energy zone of India, it typically faces high in new products and developing new
savings, providing tangible cost and temperatures, low rainfall, and a products. We are combining this with
sustainability benefits. mild winter. With no rivers directly the sustainability index. So, most
BorSafe™ HE3490-ELS-H, its passing through Rajasthan and a low of our products are recyclable and
latest PE100 solution for thick- precipitation of only 600 millimetres portable. We are a very innovation-
walled and large-diameter pipes in annually, Jaipur experiences water driven company, we have a lot of
industrial applications. A recent scarcity issues. Hence, water found people on the ground who are close
addition to Borouge's high-density in ponds and lakes is precious. This to the customer, close to the brand
polyethylene (HDPE) pressure challenging geographical climate owners, and to translate these social
pipe portfolio, it has superior low made it crucial to ensure 100 per and sustainable solutions.
43
PRODUCTS
from the sea. To support this project, for this purpose, built from locally the goal of promoting the circular
igus is financing the collection of available materials. “TrashBoom” is economy for plastics. To this end, the
altogether 10,000 kilogrammes a modular system for constructing a plastics specialist develops products
from regranulated product waste and
100 per cent recycled material. igus
To support this project, igus is financing the has even launched its own recycling
initiative for technical plastics,
collection of altogether 10,000 kilogrammes “Chainge”, including an online
of plastic waste. In January 2023, 3,340 platform. Furthermore, the company
kilograms were collected and processed supports innovative approaches
in Kanpur and Mangaluru (India). That’s such as the HydroPRS technology
of Mura Technology, a British start-
the equivalent of more than 150,000 plastic up. This new technology converts
bags. The financial support gave at least 34 plastic waste back into crude oil in
people a regular income. just 30 minutes - using only high
temperature, water and pressure.
44
PRODUCTS
UPDATE
Anupam Rasayan signs LoI worth Rs 1,500 crores
The Economic Times POLYMERS | April - May 2023
45