Don’t miss the latest developments in business and finance.

Tata Chem opens Innovation Centre in Pune

Centre will be Tata Chemicals Technology & Innovation hub to incubate and support company's growth

BS Reporter Pune
Last Updated : Jul 11 2014 | 9:29 PM IST
Cyrus Mistry, Chairman, Tata Chemicals, today inaugurated its Innovation Centre in Pune.

The Centre will be Tata Chemicals Technology and Innovation hub to incubate and support the company’s growth vectors in wellness foods, agri and chemistry solutions, and also provide technology support to other Tata Group companies.  

Along with Mistry, the Board of Directors and Tata Chemicals leadership team were also present at the inauguration.  

More From This Section

“Consumer- centric Technology and Innovation can provide sustainable differentiators for our Group companies. For this, management of Technology and Innovation will need to form a key pillar of strategy. This may be institutionalised through the creation of a suitable culture together with appropriate processes and mechanisms. The interdisciplinary Innovation Centre can play a valuable role in this endeavor,” said Mistry, Chairman, Tata Chemicals.

R. Mukundan, Managing Director, Tata Chemicals, said, “We build on our past, Technology, Innovation and Customer immersion are critical enablers in our next phase of profitable growth in our journey to create value for all our stakeholders. We plan to dovetail our consumer insights with product development processes to provide unique solutions.”

Also Read

First Published: Jul 11 2014 | 8:56 PM IST

Next Story