Grow Capacities to Maintain Leadership in Core Products
Basic Chemistry Products
Key growth lever
Capacity expansion (brownfield and debottlenecking)
Status and action plan
- Soda Ash – Phase I expansion commissioned successfully; Phase II and III scheduled to commence by December 2023
- Salt – 300 KT capacities added in FY 2022-23
- Sodium Bicarbonate – 40 KT additional capacities planned in FY 2023-24
Key challenges
- Escalation in capex due to increased input costs
- Delay in the capex execution plan
KPIs tracked
Capacities* (FY 2022-23, India)
Sodium Bicarbonate
112 KT
Capacity Expansion (India) (FY 2022-23 + FY 2023-24 planned)
*Operating Capacities
Invest to Attain Leadership in Specialty Products
Specialty Products
Key growth lever
Capacity expansion and optimisation of portfolio mix
Status and action plan
- Silica: Increasing share of Specialty Silica for oral care and tyre segment; Capacity expansion of HDS
- Fermentation Platform – Prebiotics: Increase share of scFOS for applications in nutraceutical and pharmaceutical segments; Expand capacities of FOS
- Agrochemicals: New multipurpose plant under commissioning; Launch of new formulations in pipeline
Key challenges
- Long product approval cycle
- Delay in adherence to project timelines (Agrochemicals)
- Seasonal adversities impacting product launch
KPIs tracked
Customer acquisitions
New agrochemicals launched
Capacities Expansion (FY 2023-24)
Agrochemicals
MPP – 22 TPD
Embed Sustainability Across Segments
Key levers
- Climate change action
- Circular economy – water neutrality, solid waste management and recycling
- Nature & biodiversity – conservation of
flora and fauna
Status and action plan
- CO2 reduction solutions (scope 1 & 2) across all plants under various stages of identification, evaluation and execution
- Fermentation plant operating on 100% biomass fuel
- Consumption of 100% fly ash
- Plastic waste recycling as per EPR* compliance on schedule
- Planned biodiversity impact assessment
Key challenges
- Technology readiness and commercial viability of CO2 abatement solutions
KPIs tracked
GHG emission (Scope 1 & 2)
4.52 KT 
% Water recycled
87%
Plastic waste recycled
750 MT
*EPR – Extended Producer Responsibility
Drive Operational Excellence in
Manufacturing and Supply Chain Management
Key efficiency levers
- Productivity
- Cost competitiveness
- Energy efficient operations
- Customer service
Status and action plan
- Fixed cost optimisation plan at all manufacturing facilities
- Maximise capacity utilization
- Efficient cash flow management
- Energy hedging across regions
- Develop robust partner network
- Optimising inbound and outbound logistics network
- Upstream and downstream integration
Key challenges
- Rising input costs, mainly energy and materials
Supply chain challenges –
- Disrupted supplies
- Shipment challenges - container and vessel availability and congestion at ports
KPIs tracked
Capacity utilisation
*Based on operating capacity
Achieve Functional Excellence through Innovation, Digitalisation and People
Innovation
Key levers
- Science differentiated products
- R&D projects rooted in Green Chemistry
- Develop culture of innovation
- R&D collaboration with external entities (national and international)
Status and action plan
- Green silica, environment-friendly process for silanes, water-based ZnO, co-created innovative applications of FOS, improved aeroponics process, surfactants from sustainable sources, Daksh Plus – a new pre-emergent herbicide
- 100% of all projects mapped to Green Chemistry principles
- Uniquely designed transformation programmes at every level
Key challenges
- Evolving global compliance landscape linked to sustainability, net zero, energy
- Emerging regulations in agro chemicals, including GMO and drone based agri solutions
KPIs tracked
Patents filed (cumulative)
199
R&D projects in collaboration with
customers and external research institutes
60
Digitalisation
Key levers
- Modernisation of ERP
- IIoT, Analytics and Dashboards – Data maturity
- Digital infrastructure and security
- Operational efficiencies
Status and action plan
- BPR led modernisation of SAP ECC 6 to S4HANA
- Predictive analytics solution to improve equipment uptime and scaling up IIoT across manufacturing
- Enhancing analytics and usage across the value chain
- Boosting of Data maturity and informed decisions by adopting Digital dashboards for KPI monitoring
- Logistics control tower, and modernising platforms for workflows, safety, travel, and expenses
- Improving benchmarks in cyber security on OT and IT network
Key challenges
- Technology / platforms obsolescence
- Skill Resource scarcity
KPIs tracked
Digital Maturity Assessment Score
2.54
out of 5
People
Key levers
- Talent & Leadership development
- Skills & Capability for future-ready workforce
- Inclusive and engaging work environment
- Digital Work Processes
Status and action plan
- Focussed functional / technical trainings to address skill gaps and future competencies needed
- Managerial / leadership development through curated programmes
- Identify and nurture high potential talent through focussed interventions
- Facilitate internal mobility for career growth and pipeline
- Implementation of smart, mobile enabled integrated HR System under the OTON framework
- Improving entry level and lateral gender diversity at sites
Key challenges
- Attraction & Retention of talent at remote manufacturing locations
- Workforce profile being multi-generational with different aspirations and expectations
KPIs tracked
Employee engagement score
72%
Diversity at entry level
10%
Positions filled internally
67%
