ITC Life Sciences and Know-how Centre, the corporate’s R&D and innovation hub, situated in Bengaluru celebrated a momentous milestone of finishing 5 a long time of scaling new frontiers in analysis & growth and innovation. This transformational journey of fifty years is testimony to the deep dedication of ITC to nurture a tradition of innovation in addition to discover science-led development alternatives for its companies. Focussed investments have been made through the years in scientific expertise, world-class infrastructure and collaborations. Marking this wonderful milestone, eminent scientists together with Prof Mashelkar, one in all India’s most illustrious and adorned scientists, Dr Vibha Dhawan, Director Normal of The Vitality Sources Institute, Prof Ganesh Bagler, Professor, IIIT Delhi and Prof. Seeram Ramakrishna Everest Chair and Director for Centre for Nanotechnology and Sustainability, Nationwide College of Singapore graced the golden jubilee celebrations of ITC-LSTC and shared their wealthy insights.
LSTC has served because the hub for the innovation eco-system of ITC. A number of vibrant Centres of Excellence have been established in domains like Bio-, Agri- & Supplies Sciences, while market-led platforms have been created in well being & wellness, diet, hygiene, agro and crop sciences, in addition to sustainable packaging, amongst others to cater to the always evolving wants of shoppers. Centered analysis throughout recognized domains has enabled the harnessing of latest advances in related core areas to translate ‘proofs of idea’ to novel product alternatives with agility.
The Centre has a wealthy legacy and has reinvented itself over a long time to stay related and up to date. With a staff of completed scientists who collectively have over 4,000 years of wealthy R&D and innovation expertise, the Centre has been ranked as a high innovator in India within the personal sector with over 800 patent functions filed. ITC-LSTC has developed a variety of distinctive improvements proper from the world’s smoothest chocolate to gel bar soaps to sustainable packaging options and to considerably bettering crop yields. Leveraging the market aligned platforms developed by LSTC, ITC has launched over 300 merchandise within the final 3 years.
Chairman Mr Sanjiv Puri delivered the keynote tackle through the celebratory occasion. Complimenting the staff at ITC-LSTC and generations of scientists who contributed to many inventions, he mentioned that LSTC has the excellence of being the biggest personal sector innovation centre within the nation. It has continued to scale as much as tackle the rising wants as ITC pursues its path of a number of drivers of development.
Outlining the importance of analysis and innovation in a world that’s confronted with polycrisis, uncertainties, permacrisis as a consequence of local weather emergency, geo-political dynamics and social inequity, he mentioned, “It’s innovation, analysis, software of science and expertise that can assist us discover options to difficult conditions that we’ve got to face. It’s science that may convert sure challenges into alternatives. Science and expertise can open up new pathways for development and sustainability.” Emphasising that there’s immense alternative for innovation in all segments of enterprise that ITC is current in, Mr Puri additionally acknowledged, “Now we have to proceed to be very consumer-centric. Innovation needs to be within the context of client wants, aspirations and issues.” He additional added, “Constructing the best ecosystem inside and outdoors is extraordinarily necessary for reaching success.”
Commenting on the event, Mr Sandeep Kaul, Group Head, R&D, ITC Ltd mentioned, “LSTC symbolizes the spirit of ITC’s core values of innovation, excellence and client focus. Collectively we’ve got created a legacy of excellence and I’ve little doubt that the following 50 years will likely be marked by even higher achievements as LSTC repeatedly marches on to actualise its imaginative and prescient of driving purposeful innovation”. Dr Suresh Ramamurthi, Head of ITC-LSTC welcomed all friends and acknowledged that whereas we cherish previous achievements, it was the time to dream greater and make a huge impact by daring improvements.
Sharing his insights and views on innovation, Prof Mashelkar highlighted the importance of disruptive innovation-led development and the way exponential worth may be created by innovation. Dr Vibha Dhawan from The Vitality Sources Institute shared her views on pathways and adaptation to sustainability. Prof Ganesh Bagler made a presentation on computational gastronomy and its position in the way forward for meals. Prof Seeram Ramakrishna made a presentation on sustainable supplies and novel applied sciences for packaging.
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Up to date: 21 Sep 2023, 12:07 AM IST
Supply: Live Mint