Tata Chemicals wins prestigious Porter Prize 2019

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Tata Chemicals wins prestigious Porter Prize 2019
Tata Chemicals wins prestigious Porter Prize 2019
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Azadi Ka Amrit Mahoutsav

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Mumbai, October 24, 2019: Tata Chemicals Ltd., a part of an Indian Multinational Conglomerate – The Tata Group was recently felicitated with one of the coveted corporate awards – The Porter Prize 2019 which aims to recognize the strategic acumen of Corporates in India.

The Porter Prize 2019 was received by Mr. Zarir Langrana, Executive Director and President – Global Chemicals Business at Tata Chemicals and Dr. Richard Lobo, Head Strategy & Business Excellence at Tata Chemicals in the presence of Dr. Bibek Debroy, Chairman – Economic Advisory Council to the Prime Minister (EAC-PM) and Dr Amit Kapoor, President & CEO of India Council on Competitiveness, Honorary Chairman at Institute for Competitiveness, India and Editor-in-Chief of Thinkers, at an event held in Delhi.

Commenting on the award, Mr. Zarir Langrana, Executive Director and President, Global Chemicals Business at Tata Chemicals said, “This award is a true recognition of the organisation’s relentless effort to be ahead of the curve through our strategic thinking and innovation. Having achieved a leadership position in the space we operate in, the company continues to amplify its efforts in inventing sustainable product portfolios to achieve the next level of growth. This award is also an appreciation to all my colleagues at Tata Chemicals for their generous support for all these years to achieve our strategic goals. As a science-led organisation, we continue to serve the society through science & innovation and be a leader in corporate sustainability, focusing on all three elements of ‘people, planet and profits’.”
The Institute for Competitiveness Strategy awards annually recognise and honour the best companies operating in India that via their strong strategy have created their own niche. The objective is to propel companies to compete on the basis of value creation, innovation and strategy. The prestigious awards have been based on four major pillars to identify and reward the most outstanding companies for their strategy. The pillars include: capitalizing on industry dynamics, segmenting strategically, leveraging unique activities and exploiting trade-offs.

The Porter Prize is named after Mr. Michael E. Porter, an economist, researcher, author, advisor, speaker and teacher. Throughout his career at Harvard Business School, he has brought economic theory and strategy concepts to bear on many of the most challenging problems facing corporations, economies and societies, including market competition and company strategy, economic development, the environment and health care. For more information, visit http://www.porterprize.in

About Tata Chemicals Ltd:
A part of the over US$ 110 billion Tata Group, Tata Chemicals Limited, is a global company with interests in businesses that focus on Basic Chemistry Products, Consumer and Specialty products. The story of the company is about harnessing the fruits of science for goals that go beyond business. Through its Consumer products portfolio the company has positively impacted the lives of millions of Indians. Tata Chemicals is the pioneer and market leader in India’s branded Iodised salt segment. Extending its portfolio from salt to other food essentials, TCL unveiled India’s first national brand of pulses, followed by a range of spices and nutrimixes. Tata Chemicals has been rated as one of the top 10% in Business and Consumer brands across all industry and consumer brand categories in India by Superbrands™. The company’s Basic Chemistry product range provides key ingredients to some of the world’s largest manufacturers of glass, detergents and other industrial products. Tata Chemicals currently is the world’s third largest producer of soda ash with manufacturing facilities in Asia, Europe, Africa and North America. With its Farming Essentials portfolio the company through its subsidiary Rallis, has a strong position in the crop protection business. The Tata Chemicals Innovation Centre is home to world class R&D capabilities in the emerging areas of food sciences, nanotechnology and biotechnology.

About Post Author

Suman Munshi

Founder Editor of IBG NEWS (15/Mar/2012- 09/Aug/2018). Recipient of Udar Akash Rokeya Shakhawat Hossain Award 2018. National Geographic & Canon Wild Clicks 2011 jury and public poll winner. Studied Post Graduate Advance Dip in Computer Sc., MBA IT,LIMS (USA & Australia), GxP(USA & UK),BA (Sociology) Dip in Journalism (Ireland), Diploma in Vedic Astrology, Numerology, Palmistry, Vastu Shastra & Feng Sui 25 years in the digital & IT industry with Global MNCs' worked & traveled in USA, UK, Europe, Singapore, Australia, Bangladesh & many other countries. Education and Training advance management and R&D Technology from India, USA, UK, Australia. Over 30 Certification from Global leaders in R&D and Education. Computer Science Teacher, IT & LIMS expert with a wide fan following in his community. General Secretary West Bengal State Committee of All Indian Reporter’s Association
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