The holy grail of Indian innovation

Description

Managing scale effectively will help Indian companies compete globally. The chemicals sector was the first significant arena for industrial innovation in our country. Buoyed by our traditional strength in chemistry, we created new processes for a variety of pesticides and drugs in the laboratory. But, scaling these to industrial levels required marrying chemistry with chemical engineering and plant design. Investments for the intermediate step of setting up a pilot plant were often not available, and trying out experiments in an operating plant was just too expensive. Read more at: https://www.outlookbusiness.com/perspective/the-holy-grail-of-indian-innovation-1798

Publication Date

17-3-2012

Publication Title

Outlook Business

Publisher

Outlook Publishing (India) Pvt.Ltd

Keywords

Innovation, Industrial innovation

Source Link URL

https://www.outlookbusiness.com/perspective/the-holy-grail-of-indian-innovation-1798

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