1.
BMGI India as Knowledge Partner in the 5th Manufacturing Innovation Conclave
2015
2. As the knowledge partner for the event held
at ITC Maurya, New Delhi on the 19th June 2015, BMGI and CII Presents
Innovation as the Key Catalyst for Make in India at the 5th Manufacturing
Innovation Conclave. The event was
organized by CII, which works to create and sustain an environment conducive to
the growth of industry in India.
3.
Keynote Address by Dr. Kurichi Kumar, Head of Engineering, Rolls Royce India
Pvt Ltd. Dr. Kurichi Kumar, Head of Engineering, Rolls Royce India Pvt Ltd,
shared the practices Rolls Royce Adopts to manage innovation. He shared the
sourcing of ideas through well networked universities around the world and
collaboration with suppliers that fits into the structure of Generate - Develop
- Review - Select process for innovation that is managed through a portal.
4.
Nirmalya Banerjee, Business Head at BMGI, explored the reasons why anyone would
want to manufacture in a particular country. Explaining that the reasons
couldn't go beyond making it cheaper, better or faster, he shared that India
needs to currently move beyond making manufacturing cheaper for global
organizations to come and 'Make in India'. Mr Banerjee reinforced that
innovation can make this possible and open up possibilities for developing
multiple alternatives for carrying out the same solution. He signed off by
sharing that India has been a follower by executing and scaling up products
innovated elsewhere, but it is time for India to innovate, leverage available
frameworks and realize the aspiration of 'Make in India'.
5.
Sandeep Sinha, Chief Operating Officer, Cummins India Ltd.
6.
Some of the key takeaways from the panel discussion of MIC 2015:
-
Innovation is definitely the approach to provide cost effective solutions and
capex /opex business models.
-
There are abundant opportunities and it's important to tap the same by
understanding latent needs of the customer.
-
Building robust product development processes.
