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GMR Smart Electricity Distribution Company Secures Rs.7,593 Crores Order for Smart Metering Project

GMR Smart Electricity Distribution Company Secures Rs.7,593 Crores Order for Smart Metering Project

GMR Smart Electricity Distribution Pvt. Ltd, a subsidiary of GMR Power and Urban Infra Limited (GPUIL) has been awarded a prestigious order worth Rs.7,593 crores to implement a large-scale smart metering project under the RDSS program- a timeline-based reforms plan initiated by the Ministry of Power, Government of India.

The order, received under the DBFOOT (Design, Build, Finance, Own, Operate, and Transfer) model, entails 75.69 lakh prepaid smart meters across two discoms Dakshinanchal Vidyut Vitran Nigam Limited (DVVNL) and Purvanchal Vidyut Vitaran Nigam Limited (PuVVNL), making it the largest combined package order of its kind.

The scope of the project encompasses the design, supply, installation, commissioning, operation, and maintenance of prepaid smart meters infrastructure covering consumer premises, as well as at the network level, including distribution transformers and feeders for an aggregate period of 10 years, supported by cutting-edge technology and software solutions, ensuring end-to-end automated system management. Installation of smart meters will majorly contribute to the turnaround journey of the power distribution sector by eliminating billing and collection losses and thereby enhancing the financial sustainability of the discoms.

The project will span 22 districts covering prominent areas such as Varanasi, Prayag Raj, Agra, Mathura, and Aligarh among others.

 

 

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ABB India’s Electrification Business Launches Innovative UPS Solution for Data Centers

ABB India’s Electrification Business Launches Innovative UPS Solution for Data Centers

  • New MegaFlex DPA UPS solution offers the most resilient and compact UPS system for the Indian market with a reduced footprint up to 45 percent
  • Part of ABB EcoSolutions portfolio which complies with a minimum set of key performance indicators defined in ABB’s circularity framework and is ECO passport certified
  • Delivers impressive sustainable power technology with reduced energy losses and high energy efficiency of up to 97.4 percent in Double conversion mode up to 2MW

ABB India’s Electrification business launched MegaFlex DPA (Decentralized Parallel Architecture) UPS solutions for the Indian market. The first of its kind sustainable UPS which is part of ABB EcoSolutions portfolio and complies with the ABB circularity framework. It has been designed for high density computing environment with highest efficiency rating and lowest footprint.

With the enterprise demand driving more SaaS (Software as a Service) and IaaS (Infra-structure as a Service) applications, data center continuity has never been more critical. In India, the data center market is projected to grow with the highest internet subscribers, massive surge in usage of mobile devices, digital payments, focus on big data, cloud computing, IoT and the data protection bill. The continuity of data centers is critical to the development of the Indian digital stack.

As a market leader in UPS technology, the MegaFlex UPS range from ABB is targeting the IEC and UL market, with power ranges of up to 1.5 and 1.6 MW respectively. The MegaFlex solution delivers excellent availability and reliability, with the most compact footprint on the market, up to 45 percent smaller for the IEC version compared to competitor models of equal power rating. Despite its small footprint, the UPS delivers impressive sustainable power technology with reduced energy losses due to high efficiency converters, adaptable to variable IT load.

Kiran Dutt, President Electrification, ABB India said: “As the Indian data center market grows rapidly, demand for reliable, efficient, scalable and redundant power solutions will also continue to grow. With MegaFlex DPA, we introduce to Indian customers the latest in technology and innovation in the critical power field. With the vast amount of energy consumed by these data centers, every percentage point improvement in efficiency brings with it large cost savings. More importantly, being the first of its kind product in the Indian market with circularity compliance, it also supports our customer’s sustainability commitments.”

This supports ABB Electrification’s Mission to Zero for smart cities, a vision for a zero-emission reality for all, and reinforces its commitment to offer safe, smart and sustainable power technologies to the global data center industry.

  • Standardized power distribution architectures in compliance with the Up-time Institute classification system and EN 50600
  • High-efficiency converters in VFI (Voltage Frequency Independent) mode with up 97.4 percent efficiency, driving up cost savings and improving energy consumption.
  • Portability- server rack can be moved into position simply and safely with an onsite pallet truck
  • Compatible with either lithium-ion or VRLA (valve-regulated lead-acid bat-tery) for external storage
  • Optional redundant power capacity of 750KW N+1 and 2MW
  • The graphical system display allows the operator to display measurements, events and alarm
  • Connectivity for optional communication boards including SNMP, Modbus TCP/IP, Modbus RS-485
  • Provides up to 6 MW and satisfies the “six-nines” requirement for today’s most demanding Hyperscale data centers

MegaFlex DPA is designed to work in synergy with ABB’s power infrastructure products to provide a continuous flow of clean power to a data center and deliver the system-wide resiliency needed for modern data storage solutions that implement distributed, cloud or hybrid approaches.

Serviceability is made easier and more accessible with its modular platform. Enhanced self-diagnostics improve speed to market, reduce downtime and importantly mitigate risk from human error during start-up and maintenance phases. An intelligent predictive maintenance program allows greater planning and reduces service schedules throughout the product life cycle.

Importantly, ABB has designed and delivered the MegaFlex DPA to deliver total peace of mind for customers with the assurance that their power is guaranteed by the very best power protection technology in the market.

ABB is a technology leader in electrification and automation, enabling a more sustainable and resource-efficient future. The company’s solutions connect engineering know-how and software to optimize how things are manufactured, moved, powered and operated. Building on more than 130 years of excellence, ABB’s ~105,000 employees are committed to driving innovations that accelerate industrial transformation.

 

 

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Why Your Large Format Software Should Be Working Hard

Why Your Large Format Software Should Be Working Hard

By Angelo Mandelli, Large Format & Flatbed Product Manager, Ricoh Graphic Communications, Ricoh Europe

Are you getting the most out of your large format digital printing hardware investment?

Once you have enjoyed the capacity uplift, expanded application possibilities, and explored the production flexibility of digital – especially when making the transition from analogue technologies for processes such as screen printing – what’s next?

Increasingly for Print Service Providers (PSPs) attention is turning to ways to use software to save time and money and ultimately boost profits without the need for further expenditure.

In fact a recent Keypoint Intelligence survey in America exploring how software is transforming large format production found nesting software has specifically been on the rise. It reported 92% of large format PSPs are harnessing nesting and ganging software for capacity optimisation and almost 30% of PSPs are saving up to $10,000 annually as a result.

Nesting is a quick and easy way of enabling the most efficient use of often costly substrates. It also ensures smoother completion of post printing processes such as cutting for greater accuracy, reliability, and consistency.

Specialist large format software can also deliver the following operational improvements:

Accurate cost calculations

Alongside substrates, ink is one of the most expensive elements in a job. Accurate calculations for profitable pricing are vital – especially when margins are so tight. Getting it wrong can mean the difference between profit and loss. It could also result in clients going elsewhere.

Consistent results on different substrates

Producing the same job on different substrates and ensuring the colours, depth and vibrancy match can be very challenging. Skilled operators can spend a significant amount of time matching and testing. Software can set up the correct ICC profiles to deliver the consistency clients are requesting.

Reduce the need for skilled staff

Finding knowledgeable employees is becoming increasingly challenging. Easy to use and run large format software enables PSPs to take on less skilled staff or allow vital team members to cover a number of systems more flexibly.

Allow the smooth adoption of digital

Operations that have been running analogue systems are increasingly seeing the value of being able to produce the shorter runs, or customised jobs, which are made possible with digital printing technology. Simple to use large format software aids this switch, supporting a fast and smooth adoption process that drives confidence in the possibilities for a successful transition.

ColorGATE Productionserver workflow is the software solution of choice for all Ricoh industrial large format systems. The single solution can be expanded to fit many applications and productivity requirements and drive multiple mixed vendor devices. It is modular and scalable allowing PSPs to extend their use of the software as they explore the operational gains it can deliver.

What could enhanced software utilisation deliver your business? How can you explore smarter software to make your hardware work harder? Talk to our team to explore the possibilities.

For further information, please visit www.ricoh-europe.com

 

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Winpak First to Install CrystalCleanConnect in North America

Winpak First to Install CrystalCleanConnect in North America

Leading packaging company achieves improved sustainability, reduced waste, improved cycle time, reduced dependency on skilled operators, and more, with breakthrough automated flexographic platemaking solution

Asahi Photoproducts, a pioneer in flexographic photopolymer plate development, today reported that leading North America-based packaging company Winpak Ltd. is the first in the United States to install the company’s CrystalClearConnect automated flexo platemaking system at their Winpak Films business unit in Senoia, Georgia. This automated system was co-developed with ESKO and Kongsberg. With CrystalCleanConnect, press-ready plates are prepared in a single step, reducing operator interventions normally required in a 12-step traditional plate production.

Winpak Ltd. is a $1.2 billion packaging company that manufactures and distributes high-quality packaging materials and related innovative packaging machines. The company uses solvent-based inks in the production of wide web flexible packaging. Its products are used primarily for the protection of perishable foods and beverages, including thermoformed cups and lids, flexible films, meat trays and covers, and other packaging comprised of flexible and rigid substrates. The company manufactures several solutions for healthcare as well. Winpak operates twelve production facilities in Canada, the United States and Mexico, offering customers global coverage and expertise.

“We were looking for a more efficient and sustainable means of producing flexo plates, including the ability to bring platemaking in-house to reduce costs and lead times,” said Vishal Khushalani, General Manager at Winpak Films Inc., “Wikoff, our Asahi distributor partner, recommended that we consider CrystalCleanConnect. As we looked into the details of the system, we found a number of truly unique benefits CrystalCleanConnect offers, and the decision was then quite easy.”

Khushalani reports that the outsourced plates were solvent-wash, so the first step was to bring platemaking in-house with an ESKO plate imager, Asahi AWP™water-washable plates, an Asahi plate processor, and a Kongsberg cutting table, all operating as independent units. “When we were outsourcing plates, in addition to the environmental impact of solvent wash plates, our customer lead times ran anywhere from one to two weeks,” he says. “By bringing this initial platemaking configuration in-house, we were able to produce a plate every 45 minutes to an hour, so going from a week to an hour sounded amazing, and the solution lived up to its promise.”

By converting standalone platemaking to an integrated process with CrystalCleanConnect, Winpak took its platemaking process to an entirely new level.

Breakthrough Solution Offers Significant Benefits

The initial reasons Winpak chose CrystalCleanConnect included:

  • Sustainability: CrystalCleanConnect is known for its sustainable and environmentally friendly features. It is a water-wash platemaking process which is designed to minimize waste, reduce the consumption of resources like water and energy, and promote eco-friendly printing practices. Choosing CrystalCleanConnect aligns with the growing global emphasis on sustainability and responsible production, a specific focus for Winpak.
  • Ease of Use: CrystalCleanConnect offers user-friendly features that make it easy to operate and integrate into existing printing processes. Its intuitive interface and streamlined workflows enhance productivity and reduce training time for operators. This can help address skill shortages and enable printers to maintain consistent quality even with less experienced operators. Because it reduces plate production from 12 steps to one, completely automated from imaging the plate material to cutting press-ready plates, there is very little opportunity for error.
  • Reduction of Waste and Cycle Time: CrystalCleanConnect helps minimize waste by reducing makeready time, material waste, and ink consumption. Its advanced plate-making technology and process optimization features can lead to significant reductions in cycle time and material waste, improving overall efficiency and cost-effectiveness.

Also important in the decision process was the high level and quality of support provided by Wikoff and Asahi Photoproducts, providing expertise, guidance and assistance both pre- and post-sale as well as during the implementation process. “,” Khushalani added, “The fact

More information is available at www.asahi-photoproducts.com

 

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BASF Kids’ Lab 2023 Inspires Students in India to Become ‘Climate Champions’

BASF Kids’ Lab 2023 Inspires Students in India to Become ‘Climate Champions’

  • Initiative launched by Dr. Robert Habeck, German Vice Chancellor, and Federal Minister of Germany for Economic Affairs & Climate Action in the presence of Dr. Markus Kamieth, Member of the Board of Executive Directors, BASF SE, at BASF Innovation Campus, Mumbai
  • Kids’ Lab launched as part of BASF India Limited’s CSR initiative, primarily for children from lesser privileged communities
  • Experiments focusing on Climate Protection aims to inspire young minds to become ‘Climate Champions’

Colleagues from BASF India, along with Dr. Markus Kamieth, Member of the Board of Executive Directors, BASF SE, had the privilege to host German Vice Chancellor, Dr. Robert Habeck and his delegation, during his 3-day visit to India, at the BASF Innovation Campus, Mumbai. One of the focus topics of the visit to BASF, was the launch of Kids’ Lab 2023, a program by BASF, that nurtures kids’ interest in chemistry through safe and fun experiments.

For the first time, Kids’ Lab was launched as part of BASF India Limited’s CSR initiative. Kids’ Lab 2023 is focused on the theme of Climate Protection, aiming to inspire more than 3,500 students from lesser-privileged backgrounds across 5 locations – Bangalore, Dahej, Delhi, Mangalore and Mumbai, to become ‘Climate Champions’.

“We are proud to launch Kid’s Lab 2023 with a focus on ‘Climate Protection’ in India today. In Asia Pacific, more than 300,000 children have participated in Kids’ Lab since 2002. This one is special as it is designed to include and inspire children from lesser-privileged backgrounds with limited access and exposure, to take part in a very critical topic. Good luck to the team in India for inspiring young minds towards becoming our future ‘Climate Champions,” said Dr. Markus Kamieth.

In line with the theme of ‘Climate Protection’, the students engaged in interesting experiments such as: ‘Greenhouse effect’, which highlights the impact of CO2 on our environment; ‘Energy from Sun’, which explains the importance of renewable energy and ‘Biodegradable Plastics’ – stresses on how we can reduce use of fossil fuels by using natural sources like vegetable oils and starches. The aim is to make children understand and learn Chemistry in a fun manner, while inspiring them to become ambassadors for change towards a better future.

Further information is available on www.basf.com

 

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Renew Signs Mous for INR 640 Billion (~US $7.8bn) for Green Energy Projects PFC, REC Commit to Debt Funding of INR 320 bn (~US $3.9 bn) Each

Renew Signs Mous for INR 640 Billion (~US $7.8bn) for Green Energy Projects PFC, REC Commit to Debt Funding of INR 320 bn (~US $3.9 bn) Each

ReNew Energy Global Plc (“ReNew”) (Nasdaq: RNW, RNWWW), India’s leading decarbonisation solutions company, announced on Friday that it has signed Memorandums of Understanding (MoUs) worth INR 640 billion (~US $7.8 bn) with Power Finance Corporation (PFC) and Rural Electrification Corporation (REC) for its green energy projects.

According to the MoUs signed with the lenders at the Clean Energy Ministerial meeting in Goa, ReNew will receive INR 320 billion (~US $3.9bn) each from PFC and REC for financing its current and upcoming energy transition projects. The MoUs support the ongoing efforts to further the clean energy transition under India’s G20 presidency.

In terms of funding, ReNew is among the top companies to have signed agreements with the two leading financial institutions in India. The company will utilize the funds for new projects including solar, wind, hybrid, energy storage, solar modules and cell manufacturing, and green hydrogen.

Kailash Vaswani, President, Corporate Finance at ReNew said: “We have a long-standing relationship with PFC and REC, who are among the biggest lenders to the energy sector. These MoUs will help us meet our current and future financing needs and demonstrate ReNew’s ability to raise long-term financing for large-scale green energy projects. We will leverage this relationship for our energy transition goals.”

 

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KAGA FEI Europe and Silicon Line Partnership

KAGA FEI Europe and Silicon Line Partnership

On August 14th 2023, Silicon Line and Kaga Fei Europe signed a distribution agreement regarding Silicon Line’s ultra-low-power devices for high speed communication of video and imaging data. Besides supporting standard interfaces like USB, DisplayPort, HDMI and MIPI, Silicon Line is also offering general purpose solutions for data rates up to 64Gbps. When using the components within an active optical cable, the Silicon Line products enable EMI-free high-speed video/data transmission over a much longer distance combined with a small cable diameter, allowing easier cable routing. Since many target applications like drones, XR products, and body cameras are battery-powered, the extremely low power consumption and the small footprint of the Silicon Line products are additional benefits.

“By adding Silicon Line to our product portfolio, we now have more options to help customers solve their engineering challenges when it comes to flexible high data rate communication. On the one hand, we have complete cables utilizing Silicon Line technology and now we can help when custom solutions are required as well. Especially for MIPI, which hasn’t been specified with longer range communication in mind, the Silicon Line products offer a unique possibility to improve or even enable new developments.” answered Dr. Klaus-Peter Dyck, Director Marketing & Application of KFEU, when asked about customer benefits resulting from this partnership.


Mr. Jerome Py, CEO of Silicon Line mentioned his motivations for entering this partnership: “Over the last months, we have seen increasing market opportunities in Europe and strong customer interest for our ultra-low power MIPI interconnect ICs, particularly in drones, medical imaging, security and industrial machine vision, fueled by increased camera resolutions and by the need for higher bandwidth requirements. KAGA FEI Europe brings a proven track record in our targeted markets and also brings solid technical expertise, which is instrumental for our customer experience. Their existing product lines fit perfectly with Silicon Line and I am really excited about this partnership and bringing more value and services to our customers.”

www.eu.kagafei.com

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Sustainability Measures at Ateliers Busch

Sustainability Measures at Ateliers Busch

The Busch Vacuum Solutions production facility in Chevenez, Switzerland, is the company’s largest plant. This makes it all the more important to pay attention to sustainability at this location in particular. For this reason, far-reaching energy-saving and sustainability measures will be implemented on site by 2024.

“At CHM, we have developed a global environmental concept with the support of a specialist company. We hope to obtain two ISO certifications, 14.001 and 50.001, this year and reduce our energy consumption by 20%. To achieve these goals, we have drawn up a list of measures in working groups, the implementation of which we review every month,” explains Karine Bailly, Head of Maintenance at Ateliers Busch.

In 2019, the entire plant was equipped with LED lighting. This year, intelligent demand control will be added to further reduce energy consumption.

“In total, 26 measures have already been taken since 2020, reducing our energy consumption by 15%. But we already know that we will meet and even exceed our targets, because we have already planned the installation of solar panels and the recovery of heat from our air compressors,” Bailly continues.

These photovoltaic panels will be installed on all buildings, supplying the plant with approximately 25% of its annual electricity needs.

A liquid waste evaporation system allows a significant reduction in liquid waste. It does this by evaporating the water so that only the impurities remain. This cuts the waste from 380,000 liters to only 13,000 liters per year. The total volume of hazardous waste therefore decreases, as does the number of journeys needed to remove it from the site.

A new cardboard compacting machine reduces the volume of cardboard waste. Wood waste is shredded. Both of these measures also avoid unnecessary transport. A new waste management area allows better waste separation and thus easier recycling. Finally, a mobility plan also aims to reduce the carbon footprint generated by employees’ commutes.

www.buschvacuum.com

 

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Generational Change in the Management of OTEC Präzisionsfinish GmbH

Generational Change in the Management of OTEC Präzisionsfinish GmbH

Nico Gegenheimer discusses his values and the company’s future direction

From a start-up in the mechanical engineering industry, specializing in polishing machines for the jewelry and watch industry, OTEC has evolved into a global technology leader for Mass Finishing and Electro Finishing Systems. Customers from various industries, such as jewelry and watchmaking, medical technology, pharmaceuticals, automotive, aerospace, tooling, and additive manufacturing, rely on the company’s decades of expertise and innovative strength. At OTEC, the focus is always on finding the perfect solution to meet customer needs, with machine development being the primary focus. Customers can choose from a wide range of reliable solutions, ranging from small, compact table machines to fully automated mass production systems.

Mr. Gegenheimer, how does it feel to step into your father’s footsteps and continue leading the company he founded?

Mr. Gegenheimer: It is both an immense challenge and a great honor for me to continue my father’s legacy and lead our employees at OTEC. My father transformed OTEC from a garage company into a significant enterprise. My goal is to continue this success story, if not surpass it. The footsteps are large, but I am proud of the influence I have already had in the areas of digitization and process development over the past years.

Did you always have a clear plan to take over the management, and how did you prepare for it?

Mr. Gegenheimer: My entry into OTEC began as a cleaner to supplement my pocket money. This early experience created a strong connection to OTEC, and I was able to witness the development of the production processes over an extended period. During my studies, the plan to take over the company within five years started to take shape. My studies in industrial engineering contributed to this plan. The 5-year plan began with my official full-time entry, during which I accompanied and led various departments. This allowed me to get to know the processes and products and exert my initial influence on them.

What valuable lessons have you learned from your father?

Mr. Gegenheimer: My father always taught me to approach things with a clear mind and avoid hasty decisions. I particularly appreciate this aspect and see him as a great role model in terms of respectful interaction with our employees. He emphasizes the importance of learning from them and involving their expertise in decision-making processes. Despite OTEC’s success, he remains authentic and does not get lost in facades, which I also greatly appreciate about him.

OTEC and my father also stand for flat hierarchies and short decision-making paths. Lastly, he always encourages me not to be afraid of challenges and to embrace making mistakes, as they provide us with opportunities to learn and continuously improve. Having respect for others and maintaining open and transparent communication is the key to success at all levels. Only those who remain open can experience new things.

Can you tell us about past successes and how innovation is ingrained as a tradition in your company?

Mr. Gegenheimer: We have achieved great successes by constantly questioning, improving, and reinventing existing processes. Since the founding of OTEC, this has been an essential part of our philosophy. My father reinvented the Disc Finishing Process, but many other innovations have emerged through collaboration with our employees.

We have a large development department dedicated exclusively to improvements and new developments, which is rather unusual for a company of our size.

And finally, from my perspective, it is our corporate culture that tremendously supports us in being open to change and driving it forward appropriately.

What’s new at OTEC currently? Which innovations are you particularly proud of?

Mr. Gegenheimer: I am particularly proud of the diversity in our team of employees. We have long-serving employees celebrating their 25th anniversary alongside talented newcomers who bring valuable experiences and great ideas. The good working atmosphere and high commitment of our staff fill me with joy.

In terms of our products, the Electro Finishing process is a perfect addition to our portfolio. I am excited about the many new and fantastic products in this field. Especially for our existing customers who aim to achieve the optimum in their processes, the Electro Finishing series offers exciting possibilities to further push the boundaries of conventional vibratory finishing.

How do you currently observe the interest in the Electro Finishing process? Is Electro Finishing experiencing growing demand while vibratory finishing takes a back seat?

Mr. Gegenheimer: In reality, the key lies in the perfect combination of both processes. While Mass Finishing has its limitations when it comes to complex and intricate geometries, Electro Finishing complements our Mass Finishing portfolio ideally. Therefore, as mentioned before, this is particularly exciting for our existing customers. Achieving maximum brilliance, even in the smallest corners of workpieces with various geometries, is made possible, all from a single source. This sets new standards for many industries.

However, Mass Finishing is what has made OTEC successful and accounts for a significant portion of our revenue. We will continue to develop and drive new products in this field. So, we see both product series as perfect complements, working hand in hand for our company’s future.

In your view, what is the key to the success of OTEC Präzisionsfinish GmbH?

Mr. Gegenheimer: The keywords for OTEC’s success are stability, quality, expertise, reliability, and trust. From my perspective, the key to our success lies in the broad range of expertise in all areas and our global network of over 80 distribution partners. These factors enable us to offer our long-standing customers high-quality solutions and gain their trust.

Furthermore, at OTEC, we have always embraced the challenges of the market and adjusted our products accordingly. We actively seek new application possibilities and continuously develop our products to meet market demands. This flexibility and adaptability are another key to our success.

How do you plan to further develop the company, and what personal goals have you set for the future?

Mr. Gegenheimer: It is of particular importance to me to smoothly continue the generational change in management without any loss of quality. We will continue to strive to be the leading and reliable expert for precision surface finishing in both Mass Finishing and Electro Finishing for our customers, positioning ourselves in the market. I see significant developments in the areas of digitization, automation, and artificial intelligence in concrete applications.

We invest a lot in the development and well-being of our employees, offering them top-notch facilities such as a first-class cafeteria, a lounge area including a sauna, free beverages, training opportunities, summer festivals for the whole family, and much more. In this way, we aim to be perceived as an attractive employer in the region, both within and outside our company.

Lastly, is there a message you would like to convey to your employees, customers, and partners?

Mr. Gegenheimer: I would like to personally thank everyone for their trust in OTEC. Behind OTEC, there is a strong and motivated team committed to our continuous innovation and quality in the field of Mass Finishing and Electro Finishing.

We are passionately dedicated to creating perfect surfaces worldwide through innovative machine technology “Made in Germany” and practical solutions. We are committed to ensuring that our customers benefit from our products and services and that their individual requirements are met.

I would also like to thank all employees for the trust and support I have received and continue to receive over the years. Without such an amazing and helpful team, it would have been much more challenging for me to make the decision to take on the role of managing director at such an early stage. I truly appreciate having such a strong support system and knowing that I have colleagues by my side to provide guidance and assistance in times of challenges and difficult decisions. I sincerely appreciate it!

 

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Covestro (India) Pvt. Ltd Wins Coveted ‘Best Employer of Maharashtra’ Award by World HRD Congress for Outstanding Workplace Culture and Employee Engagement

Covestro (India) Pvt. Ltd Wins Coveted ‘Best Employer of Maharashtra’ Award by World HRD Congress for Outstanding Workplace Culture and Employee Engagement

Covestro (India) Pvt. Ltd, a leading global supplier of high-tech polymer materials, has been honoured with the prestigious ‘Best Employer of Maharashtra’ award at the Maharashtra Best Employer Brand Awards 2023 by World HRD Congress on July 13, 2023 at Taj Lands Bandra. This esteemed recognition highlights Covestro India’s commitment to fostering an exceptional workplace culture and nurturing employee engagement.

The Maharashtra Best Employer Brand Awards 2023, a pinnacle event that recognizes exemplary organizations within the state, chose Covestro India for its outstanding contributions to human resources development and pioneering HR practices. Through meticulous evaluation of crucial parameters, including innovative HR strategies aligned with business transformation, fostering an atmosphere of camaraderie and joy, exemplary talent management and development, ingenious recruitment methodologies, unwavering employee engagement initiatives, progressive benefits and recognition, and comprehensive health management at the workplace, Covestro India emerged as an undisputed leader.

Kartik Iyer, Head of Human Resources at Covestro (India) Pvt. Ltd., expressed appreciation for the recognition, stating, “We are honoured to be acknowledged as the ‘Best Employer of Maharashtra.’ This award underscores our unwavering commitment to creating a vibrant, positive, and engaging work environment for our employees. At Covestro, we prioritize the growth, development, and work-life balance of our people. This accolade reflects the dedication and collective efforts of our talented colleagues who embody our C3 values – Curious, Courageous and Colorful and strive to make a positive impact every day.”

Receiving the ‘Best Employer of Maharashtra’ award signifies an exceptional achievement for Covestro India, as only 50 companies across the entire state were bestowed with this prestigious recognition. This accolade highlights the company’s consistent pursuit of a remarkable workplace culture and reinforces its standing as an employer of choice in the region.

Covestro (India) Pvt. Ltd. remains committed to nurturing an environment that empowers employees, encourages innovation, and fosters collaboration. The award further underscores the commitment of Covestro India’s Senior Leadership Team, who lead by example through their people-centric approach, compassion, and purpose. By fostering a conducive work atmosphere that nurtures talent, promotes employee well-being, and emphasizes the company’s core values, Covestro India continues to inspire and motivate its workforce to achieve excellence.

 

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