The event was organized by CII, which works to create and sustain an environment conducive to the growth of industry in India.

1. BMGI Knowledge Partner in the
5th Manufacturing Innovation Conclave 2015

2. The event was 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.
5th Manufacturing Innovation Conclave 2015

3. Nirmalya Banerjee,
Business Head at BMGI.
5th Manufacturing Innovation Conclave 2015

4. Key takeaways from the CEO panel discussion of MIC 2015:
• Innovation is definitely the approach to provide cost effective solutions and capex
/opex business models. There are abundant of opportunities and its important to tap
the same by understanding latent needs of the customer, building robust product
development processes, imbibing cultural change of thinking process right from
schools with industry-university collaboration. Innovation continually happens in a
company.
• Innovation is a key catalyst in fueling growth and realizing the ‘Make in India’ dream
and achieving technological supremacy as they quoted the example of Mars mission
launched by India, which was definitely a proud moment.
• There is a necessity to design more and create a market within India, improve the
infrastructure to support the Research and Development teams, marry the academia
and industry to leverage the institution skills and capabilities. Some challenges like the
environmental challenges, socialistic mindset, governing structure, ease of business
have to be addressed to facilitate the growth, as there was no silver bullet to make it
successful.
5th Manufacturing Innovation Conclave 2015

5. •Highlights of the event
• It is important to foster the culture of innovation, there cannot be a structure
for innovation, synergy between creativity and innovation, mindset which played
a key role to create, adopt and specified that everyone in the organization has a
role to play.
•Ultimately Innovation is necessary to drive India ahead with focus on sowing
seeds for academia , leveraging 3D printing, PLM and simple innovation
techniques.
5th Manufacturing Innovation Conclave 2015

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