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10 years of Tata InnoVista increases innovations by 15 times

By Swati Sanyal Tarafdar,

Added 14 May 2015

Top 60 innovations in 2014-15 to deliver an estimated financial benefit of $1.1 billion annually; likely to touch the lives of 35 million people, globally

Tata Headquarters - nursing innovations

Speaking at the press briefing, Dr Gopichand Katragadda, group chief technology officer, Tata Sons, said, "Technology differentiated innovation will position the Tata group for future growth. In its technology journey, the group has presently identified four focus areas - Sustainable Energy, Food and Wellness, Consumer Electronics and Factory and Fleet Digitisation. Given the group's ability to scale to market needs and recent advancements in technology, it is a great time to be an innovator at the Tata group."

In 2006, the Tata group started the process of capturing and celebrating innovations of Tata companies through Tata InnoVista. The objective of this programme is to capture and encourage innovations and innovators in Tata companies, share the levers used by them to identify and execute innovation projects, and create a culture of risk-taking.

In order to support Tata companies in their journey of innovation, TQMS, a division of Tata Sons, formed the Tata Group Innovation Forum (TGIF) in 2007. The objective of TGIF is to encourage, inspire and help create a culture that promotes innovation in Tata companies.

Over the past ten years, TQMS, under the guidance of TGIF, has been connecting Tata companies all over the world, stimulating innovative thinking and encouraging collaborative research.

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