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1st IIEF lauds innovations in 5 categories

Published

5 years ago

July 1, 2021

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Industrial Products Finder (IPF), India?? largest circulated industrial magazine in its 49th year, virtually hosted First IPF Industrial Excellence Forum (IIEF) which comprised of two major segments??Conference and 5th IPF Industrial Excellence Awards, on January 15, 2021. During the event, 26 awards were presented, from five categories in various segments, in recognition to their achievements during the year.

IPF Industrial Excellence Forum 2021 was held in the grand presence of Devendra Kumar Singh, Additional Secretary & Development Commissioner (MSME) Ministry of Micro, Small, Medium 1stIIEF lauds innovations in 5 categories The first IPF Industrial Excellence Forum (IIEF) hosted conferences for discussing relevant topics like strategies to move ahead in the new normal and deliberated on SME readiness as manufacturing is growing in India due to the global move from China to India. While during the IPF Awards,the IIEF recognised new product innovations to upholding ??ake In India??

The IIEF was hosted virtually and received favourable industry response.

Enterprises, Government of India and Dr Ravi P Singh, Secretary General, Quality Council of India and Madan Sabnavis, Chief Economist, CARE Ratings Ltd.

In his address, Guest of Honour, Devendra Kumar Singh speaking about technology adoption and assuring support to the MSME sector, he informed, ??oday adoption of technology is inevitable for companies in the fields like product design and compliance. Ministry of MSME is also empowering MSME sector with Udyam Registration after the adoption of the new criteria of classification of MSMEs. MSME sector can seek benefits from theschemes such as Incubation & Design Schemes, Schemes to support Capital Subsidy in Investment & Interest Subvention Scheme. Further, according to the newly announced schemes under AatmaNirbhar Bharat, schemes like Emergency Credit Line Guarantee Scheme (ECLGS), Fund of Funds and Subordinate Debt scheme.??/p>

The second Guest of Honour, Dr Ravi P Singh, Secretary General, Quality Council of India deliberated on significance of quality of products and currentquality trends. Enlightening everyone on the quality,

he said, ??t is evident that the countries in Europe, the US and Japan have helped their industries to invest on quality. They are today known for quality globally. Industries have not realised completely that quality helps you build trust and sustain in the market.

In India, quality consciousness is changing and consumers are embracing the quality products.??/p>

Dialogue for future 2020 was certainly an unusual year for industries across the world (including India). There is no question that these unusual times will carry over into 2021.

Unusual does not necessarily mean bad; it just means different. Often hidden within those differences are opportunities. IPF hosted an engaging Panel Discussion themed at ??oard room Strategies to Face New Normal??

The panel discussion was moderated by Subodh Jindal, Global CEO, STEER Engineering. The panelists ??comprising S Sunil Kumar, Country President, Henkel India; Dr Babu Padmanabhan, Founder & MD, STEER Engineering; Indradev Babu, MD, UCAM Pvt Ltd & President, IMTMA(Indian Machine Tools Manufacturers Association) and Biswajyoti Mandal, VP & Head- Technology, Schaeffler India.

In his opening remarks, Jindal expressed, ??hile the economy is showing signs of revival in Q3 and Q4 of 2020, we continue to have issues like uncertainty in demand, supply side tantrums, labour availability, financial constraints to name a few. It all depends on how the top managements of the companies deal with the same.??/p>

Kumar shared the new way of approach that Henkel India experienced during the last 8 months.

He stated, ??ur whole process and operations changed. 8 months earlier, we were a company, primarily believed on face-to-face meetings with our clients.

Moving completely to the online platform was difficult.

We have managed to move to the new normal of online communication.??He also informed that the Henkel India heavily invested on training it employees.

Indradev opined that companies applied all that they have learned in the first 6 months after the first lockdown. He stated, ??here is a huge consumption of materials like steel, copper, aluminium and is

believed that it majorly accounts to China. While it is also leading to global cost increase. Further, it is also putting spanner in the works of the companies who want to supply and make up for their previous losses.??/p>

Dr Padmanabhan observed that the companies are moving from effort-based performance management to outcome(result)-based performance management.

Talking on the automation scenario being a threat to low-cost skilled labour in India, Dr Babu Padmanabhan, believes, ??pskilling and training of workforce by industry-government partnerships

will help to hasten human resources to be more ready for automation. Government policy framework to help capital investment needed for automation will have a far-reaching effect over the industry.??/p>

Mandal deliberated on having automation plan as a long term process and not a short-term process.

He stated, ??he pandemic has pushed automation as a matter of top priority in the business plans.

While you look at bringing automation into business processes and factory operations, every company should evaluate socio-economic impact of job losses and unemployability of unskilled labour and also should consider cost of installation. Upgrading systems can be managed in a phased manner, addressing the low-hanging fruit first and then move towards the journey. This comprises of a 5-10-year plan for any company.??/p>

Two engines are not firing India has seen some hope of revival in the late 2020 but has a challenge to continue such stride to reach pre-Covid level. Manufacturing industry has been hit due to lower production and drop in demand.

Madan Sabnavis, Chief Economist, CARE Ratings, delivered a special address on the Indian economy and upcoming budget. He stated, ??or the first time Indian economy is shrinking after a long time and has registered negative growth. Except agriculture, all other sectors have suffered in their production.

Two major engines of investment and consumption are not firing. This has fractured SMEs leading to rise in unemployment bringing down consumption impairing investments.??/p>

SME Dialogue

The second Panel Discussion, with the theme of ??re Indian SMEs ready for the future??? deliberatedon issues like challenges & opportunities before SMEs in the changed world, tips to be a part of global supply chain, benefits of government policies, etc.

The discussion was moderated by Saikat Roy, Director – West, CARE Ratings while having on board eminent panellists such as Anil Saboo, President, IEEMA (Indian Electrical & Electronics Manufacturers Association) and MD, Elektrolites Power Pvt Ltd; Ashita Gupta, Chairperson SME Chapter, MAIT, and COO, Smile Electronics Ltd; Mahesh Desai, Chairman, EEPC India (Engineering Export Promotion Council of India), and MD & CEO of Meera & Ceiko Pumps Pvt Ltd; Neeti Sharma, Senior Vice President, TeamLease Services.

According to Saikat Roy, before the pandemic, budget 2020 had a fiscal deficit 3.5 per cent of GDP.

Based on the first advance estimates, CARE Rating has suggested that the fiscal deficit will move to 7.8 perc cent of GDP. Further on adding 1.1 lakh crore that accounts to GST shortfall and borrowing on behalf of states, this number will look like 8.4 per cent of GDP.

He shared current status of key sectors:

Current status of production in India

(Till Dec 2020)

Steel -19.4

Coal -2.6

Cement -19.5

Cumulative cargo handled at ports -10.5

Bank Credit to Manufacturing

industry (Nov 19 to Nov 20) -0.7

Power Consumption (Dec 2020) 5

Ashita Gupta stated, ??he 20 lakh crore package rolled out by the government, only 50 per cent of the SME sector availed that credit availability and benefited. Reason being 99 per cent of the industries

in India are micro industries These industries are ,not fighting for sustainability but for scale. NBFC cannot merely reach all such industries.??/p>

Mahesh Desai, Chairman, EEPC India (Engineering Export Promotion Council of India), and MD & CEO of Meera & Ceiko Pumps Pvt Ltd, said, ??he new mantra for SMEs is to produce quality

goods and services in quantity for local and also for global markets. They have to go Glocal (Global+Local).

We need more liberalisation with policies to attract FDI.??/p>

Certification of Indian products by international agencies will help find better global markets for exports and will build better markets for Indian products, believes Desai.

Anil Saboo observed 2020 as a year of transformation and learning. ??EEMA is focussing on 5 pillars such as localised manufacturing, digitalisation and innovation, global penetration, enhancing capability by international collaboration and focus on quality and productivity. Globally the electrical market is worth US $ 500 billion while India?? share is just less than 2 per cent. By adopting the above practices, India can increase its share by 2.5 per cent.??/p>

Neeti Sharma speaking about the labour migration, informed, ??abour shortage issue is on its verge of recovery. Industries have face challenges due to migration but remember Covid is not a passing shower rather a climate change. This change will bring structural reforms for productive and better paid jobs.??/p>

Speaking about upgrading workforce, she shared,??9 per cent of the current jobs will not exist after automation and digitisation enters industries. Training workforce is necessary for the future. However,machines will not replace jobs but will create jobs in some other industries.??/p>

Gagandeep Singh, Manager ??SME, Western Regional Office, National Stock Exchange of India Limited in a Special address deliberated on??Advantages of Listing for SMEs to raise funds?? Singh observes,

??romoters of the SMEs are regarded as ??ne man army??while with time Indian SMEs should consider decentralisation. Decentralised way of operations is a beautiful way which many listed SMEs haverealised and have become successful listing at NSE and BSE. SMEs should also leverage capital markets through listings. An SME can reach global investors and a small business located at remote locations can also source capital for their business. Around 500 companies have been listed on NSE and BSE and have raise Rs 5000 crore on both platforms.??/p>

This was followed by welcome address by Pratap Padode, Editor of IPF and Founder & President, FIRST Construction Council, and Unveiling of IPF Annual 2021. ??e are very pleased to inform that Industrial Products Finder has entered in its 50th year, since its establishment in 1972. India has close to 6.8 million Udyog Aadhar registered MSMEs and another 63 million MSMEs. This constitutes to almost 45 per cent of the manufacturing output, 94per cent of number of industrial units, 48 per cent of exports, 35 per cent of GDP and employ around 110 million people, making MSMEs largest source of employment after agriculture sector.

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Cement Makers Reaffirm Commitment to Sustainable Growth

Published

6 days ago

June 5, 2026

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World Environment Day spotlight on innovation and circularity

On World Environment Day, the Indian cement industry reiterated its commitment to supporting India’s climate ambitions through sustainable manufacturing, resource efficiency and the adoption of cleaner technologies.

The Cement Manufacturers’ Association (CMA) said the sector remains aligned with the Government of India’s Net Zero commitments and is accelerating efforts to reduce its environmental footprint while supporting the country’s infrastructure and development agenda.

Parth Jindal, President, CMA and Managing Director, JSW Cement, said the industry is increasingly adopting cleaner technologies, improving energy efficiency and expanding the use of alternative fuels and raw materials. He also highlighted the growing importance of circular economy practices, where industrial by-products and waste streams from one sector are utilised as resources in another.

“The Indian Cement Industry is aligned to the Government’s commitments on carbon mitigation and is accelerating the adoption of cleaner technologies, resource efficiency and circular economy practices while actively exploring the potential of Carbon Capture, Utilisation and Storage (CCUS) as a critical pathway for deep decarbonisation,” said Jindal.

He added that coprocessing industrial waste and by-products helps conserve natural resources, reduce disposal requirements and lower the environmental footprint across multiple sectors.

According to Jindal, sustainability is no longer limited to manufacturing processes but is increasingly influencing investment decisions, innovation strategies and long-term growth plans within the industry.

Echoing similar views, Dr Raghavpat Singhania, Vice President, CMA and Managing Director, JK Cement, said sustainable development extends beyond emissions reduction and must also focus on responsible resource utilisation and waste minimisation.

“Sustainability in the built environment cannot be measured by emissions alone. It is equally about how efficiently we use resources, how effectively we minimise waste and how responsibly we create the infrastructure that will serve future generations,” said Singhania.

He noted that the cement industry is advancing its sustainability agenda through greater resource efficiency, increased circularity, technological innovation and continuous improvements in manufacturing practices. As a key contributor to India’s infrastructure development, the sector has a critical role to play in balancing economic growth with environmental responsibility.

On the occasion of World Environment Day, industry leaders reaffirmed their commitment to supporting India’s climate goals while delivering the materials required for resilient, durable and sustainable infrastructure.

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Building a Greener Future Together

Published

7 days ago

June 4, 2026

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Environmental sustainability requires immediate action, not just long-term commitments and discussions. Recycling, circular economy practices, and technology-driven waste management can help industries reduce environmental impact while supporting sustainable growth.

Author: Jignesh Kundaria, Director and CEO, Fornnax Technology

World Environment Day serves as an important reminder that environmental sustainability can no longer remain confined to discussions, reports, or long-term commitments. The environmental challenges facing the world today demand immediate, measurable, and collective action. Across industries and communities, waste generation continues to outpace our ability to process it responsibly, placing increasing pressure on ecosystems, natural resources, public health, and the well-being of future generations.

One of the most significant shifts required today is a change in how society perceives waste. Rather than being viewed as a material to be discarded, waste must be recognised as a valuable resource that can contribute to both economic growth and environmental protection when managed through the right technologies and systems. This mindset forms the foundation of the circular economy model that countries across the world are increasingly adopting to reduce landfill dependence, recover valuable materials, and create more sustainable industrial ecosystems.

India has made meaningful progress in strengthening awareness around sustainability, recycling, and environmental responsibility over the past decade. Significant efforts are being made to formalise the recycling sector through improved infrastructure, technology adoption, policy implementation, and broader stakeholder participation. These developments are creating a stronger foundation for responsible waste management and resource recovery across the country.

However, achieving long-term environmental impact requires collaboration from all stakeholders. Industries, policymakers, technology providers, and communities must work together with greater accountability to strengthen recycling ecosystems, encourage responsible waste management practices, and create sustainable outcomes through consistent execution rather than temporary interventions.

As someone closely associated with the recycling industry, I firmly believe that technology will play a decisive role in addressing future environmental challenges. Advanced recycling systems have the potential to recover valuable resources, reduce pollution, minimise landfill burdens, and conserve energy, creating a more sustainable future for generations to come. This belief is deeply reflected in Fornnax’s motto, “Committed to Create a Green Future,” which embodies our commitment to building long-term environmental value through innovation and responsible action.

At the same time, technology alone cannot deliver meaningful change. Real progress requires intent, awareness, participation, and a shared sense of responsibility. Sustainable development can only be achieved when innovation is supported by collective action and a genuine commitment to environmental stewardship.

On this World Environment Day, let us move beyond conversations and take meaningful steps towards creating a cleaner, greener, and more sustainable planet. By embracing innovation, strengthening recycling ecosystems, and acting responsibly today, we can create lasting environmental impact and secure a better future for generations to come.

Concrete

JK Lakshmi Advances LC3 Cement Expansion

Company highlights commercial production and research partnerships

Published

1 week ago

June 1, 2026

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The meeting reviewed progress in limestone calcined clay cement (LC3) technology and its commercial adoption in India’s cement sector, focusing on low-carbon alternatives to conventional binders. JK Lakshmi Cement noted that limestone calcined clay cement can reduce carbon dioxide emissions by up to 40 per cent compared with conventional cement and said this reduction supports industry decarbonisation. The company highlighted that it was among the first two cement manufacturers in India to move LC3 into commercial production after the Bureau of Indian Standards approved the technology as a cement standard.

Vinita Singhania said the transition of LC3 from research to commercial production reflected collaboration between industry, academia and international institutions. Maya Tissafi acknowledged JK Lakshmi Cement’s role in advancing LC3 adoption in India and its contribution in taking the technology from laboratory trials to commercial implementation. Both representatives underlined the growing relevance of sustainable construction materials as India expands infrastructure and urban development.

The meeting explored continued collaboration with Swiss research institutions such as EPFL, EMPA and ETH Zurich alongside Indian academic partners and development organisations. JK Lakshmi Cement has been associated with the LC3 initiative since 2014 and worked with EPFL, IIT Delhi, IIT Madras, Development Alternatives and Technology and Action for Rural Advancement. The company conducted one of the earliest industrial trials of LC3 and recently announced commercial production of Green Pro LC3 cement from its Jaykaypuram plant in Rajasthan.

India remains the world’s second-largest cement producer and expansion of infrastructure, urbanisation and housing demand continue to support long-term sector growth, increasing interest in low-carbon technologies. The company reported an annual turnover of more than Rupees (Rs) 60 bn and current cement capacity of about 18 million (mn) tonnes (t) per annum, with a target of reaching 30 million (mn) tonnes (t) by 2030. Apart from grey cement, the company also makes ready-mix concrete, gypsum plaster, wall putty, primers, adhesives and fly ash blocks, and both sides concluded on the need for continued collaboration to develop sustainable construction solutions.