Our CEO, Rahul Tikoo, recently was a part of the FICCI and Department of Chemicals & Petrochemicals Roundtable at hashtagIndiaChem2024, where the focus was on Growth, Innovation, Sustainability, and acceleration through collaborations!
During the session, he highlighted that innovation and differentiation are no longer optional—they are the key drivers for long-term competitiveness in the global chemical and petrochemical sectors.
India has historically excelled in cost competitiveness, but to maintain leadership on the global stage, there’s now an urgent need to invest further in transformative innovation.
By solving real-world challenges, Indian companies can elevate their offerings and stand out globally.
For instance, he discussed the infinite possibilities of Chemistry with the introduction of high-performance materials that can address specific consumer needs:
🔹 Improved fire-resistant properties for battery casings,
🔹 Chemicals that enhance the efficiency of Li-Ion batteries, and
🔹 Products that enhance sustainability and energy efficiency.
🔹 In the automotive industry, the growing demand for Lightweight and Zero VOC advanced materials for interior applications, is reshaping the specialty chemicals market.
Consumer preferences are evolving quickly, driven by awareness of health and sustainability. Companies that recognized these trends early and embraced continuous, purpose-driven innovation are emerging as global leaders.
It’s clear that the future belongs to those who not only innovate but also respond to the dynamic needs of the market.
It’s time for us to turn challenges into opportunities and lead the global market with innovation, collaboration, and a commitment to sustainability.
