a) CII organized a Conference on Driving the Growth of Industry through Research & Innovation, Guest of Honour, Dr Parthasarthi Banerjee, Director, National Institute of Science, Technology and Development Studies, Council of Scientific & Industrial Research, Government of India shared that Innovation is more than invention / adaption, application and utility. He added that Innovation is the key driver for continual growth in an organisation.
b) Dr G J Samathanam, Advisor & Head, Technology Development and Transfer, Patent Facilitating Centre Interface, Department of Science & Technology, Ministry of Science & Technology, Government of India on his special address mentioned that India is becoming the top global innovators and to sustain the pace, we need to harness Innovation. Promoting new technologies should always be accompanied by innovation. He stated that innovation should remain the focus area for every sector to grow and urged the large enterprises to hand hold the small companies in the Innovation journey.
c) Mr Arvind Kapur, Past President ACMA & Past Chairman, CII Haryana State Council &Managing Director, Rico Auto Industries Ltd said that in innovation, idea should be to understand the need rather than copying the developing economies. He said that localization along with globalization is the key. He also said that we in India need to take up proactive approach for industry - institute partnership. A developing economy like India needs sufficient testing infrastructure in place.
d) Mr Neeraj Munjal, Vice Chairman, Haryana State Council & Managing Director, Shivam Autotech Ltd, highlighted that Innovation is relevant and presents itself everywhere either in business processes to deliver value more efficiently or in customer intimacy to increase the utility of goods and services. Smart organizations are those who embrace the need to innovate and change to be relevant for the new market place and deliver the positive impact in both business and social terms.
e) The session on Nurturing the Innovation DNA, which included experience sharing by the flag bearers of Research & Innovation in the Indian economy today. Mr Sanjeev Arora, JCB India Ltd, Ms Roli Jindal, Dupont India, Mr Datta Kuvalekar, Forbes Marshall, Mr Samit Ray, 3M India, Mr G S Nathan, Wipro Technologies Ltd and Mr Sudarshan Ananth, Ingersoll Rand India deliberated on the positive impact of research and development on their growth as well as the conducive atmosphere that has been created in their respective companies to nurture innovation.
Innovation has become the industrial religion of the century. Business sees it as the key to increasing profits and market share. It is usually thought of as the creation of a better product or process. But it could just as easily be the substitution of a cheaper material in an existing product, or a better way of marketing, distributing or supporting a product or service. Are we, as a part of the Industry, supporting innovation activities by providing a holistic and sustainable innovation ecosystem is the question…
Research involves the generation of new knowledge while innovation requires adding economic value to knowledge. In the short term, in a growing economy like India, the GDP growth rate is dependent more on innovation capacity and less on scientific strength. The industry must have both, a strong program of research in all its dimensions and a set of supports for innovation, again in all its dimensions--product innovation, process innovation, and design innovation. Indeed, the border between research and innovation can become blurred, particularly when developing cutting-edge technologies but a right balance or the golden mean is the key to competitive manufacturing.
Agriculture, ICT, Pharmaceuticals, Manufacturing, and Energy are important areas for a vast & growing nation like India. We need to use the tools and models to monitor innovation activities and plan policies to improve upon the factors that are performing poorly in the innovation ecosystem.
Against this backdrop, CII organized a Conference on “Driving the Growth of Industry through Research & Innovation” from 1030 hrs to 1730 hrs on 12 October 2012 at Gurgaon.
The objective of this conference was to encourage the research and innovation over the entire spectrum of activities in the Manufacturing Companies in an attempt to become a global leader. The sessions was included case study presentations to highlight the practical benefits of companies who have successfully ventured into innovative manufacturing processes in their organizations, harbingers of change creating a niche market and the financial incubators for nurturing innovation.
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Library of this event.