Pune: Mr Cyrus Mistry, Chairman, Tata Chemicals, today inaugurated its state-of-the-art 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 Mr Mistry, the Board of Directors and Tata Chemicals leadership team were also present at the inauguration.
Speaking at the inauguration, Mr Cyrus Mistry, Chairman, Tata Chemicals, said, "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 endeavour."
R Mukundan, managing director, Tata Chemicals, said, "We are excited and energised that Tata Chemicals, in its 75th year is inaugurating an institutional mechanism to live our mission of 'Serving Society Through Science'. We have a history of leading and, as 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 solutions that are unique and valued by our consumers and customers."