Dow banks on innovation to propel growth in India

  • Technical Articles
  • Nov 01,17
The company, which works closely with over 300 customers to outline next generation priorities, emphasises on local R&D and collaboration across government, industry and academia
Dow banks on innovation to propel growth in India

The company, which works closely with over 300 customers to outline next generation priorities, emphasises on local R&D and collaboration across government, industry and academia
 
Dow India recently organised ‘India Innovation Day 2017’ in Mumbai, which 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, pharmaceuticals ideate and brainstorm on the ways of making India the innovation hub of the world.
 
Highlighting the importance of innovation in an era of disruptions, Rajeev Kapoor, Secretary, Department of Chemicals and Petrochemicals, Ministry of Chemicals and Fertilizers, Government of India, said, “The Indian chemical industry needs to create an ecosystem that promotes Research and Development (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.”
 
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’.
 
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.
 
Dr A N 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.
 
Speaking on how the company is meeting the development demands of the country, Sudhir Shenoy, Country President and CEO, Dow India said, “Innovation cuts across the realms of processes, products, business models and solutions for us at Dow India. In India, we are witnessing a convergence of local demands with renewed focus on manufacturing. I believe this trend will benefit the chemical industry significantly and we see merit in coming together to co-create sustainable solutions for India and the subcontinent.”

Related Stories

Electrical & Electronics
LAPP introduces

LAPP introduces "alive by LAPP" - A pledge to excellence, innovation, and inclusion

LAPP recognises cables as the silent heroes of industry, the unseen lifelines that power vital processes. Their industrial solutions act as neural networks seamlessly connecting various production s..

Read more
Electrical & Electronics
GoodEnough Energy plans Rs 450 cr investment in 20GWh BESS plant

GoodEnough Energy plans Rs 450 cr investment in 20GWh BESS plant

This investment will cover the manufacturing plant's costs, machinery purchases, and infrastructure establishment

Read more
Aerospace Defence
Private companies increasingly engage in defense manufacturing

Private companies increasingly engage in defense manufacturing

The Indian government recently initiated the development of two defence industrial corridors, located in Uttar Pradesh and Tamil Nadu

Read more

Related Products

Screw Feeder

Engineering, Research and Technology Based Services

Manish Engineering Works offers  a wide range of screw feeder.


Read more

Request a Quote

FMC - Motorum 3048 Tg With Fs2512

Engineering, Research and Technology Based Services

Meiban Engineering Technologies Pvt Ltd offers a wide range of compact & highly productive FMC - Motorum 3048 TG with FS2512. Read more

Request a Quote

Based Panels - Plc

Engineering, Research and Technology Based Services

E&A Engineering Solutions offers a wide range of PLC based panels.

Read more

Request a Quote

Hi There!

Now get regular updates from IPF Magazine on WhatsApp!

Click on link below, message us with a simple hi, and SAVE our number

You will have subscribed to our Industrial News on Whatsapp! Enjoy

+91 84228 74016

Reach out to us

Call us at +91 8108603000 or

Schedule a Call Back