Bokaro: Vedanta Electrosteel (ESL) has inaugurated two innovation centres in its iron and steel business units which offer a dedicated space to ESL employees to create a think-tank and come up with creative and innovative ideas.
The new initiative is aimed at conducting weekly theme-based ideation sessions to generate ideas where they will be well captured, reviewed and implemented at the site.
Lakshmi Narayan G, Chief Innovation and Technology Officer, ESL said, the innovation centres are a platform for the dynamic and talented ESL employees who can now reimage business and bring in a specific and sustainable approach to various plant processes. “Additionally, it has been planned to reward teams on the basis of the impact and quality of ideas. I am hopeful that the new progress will greatly contribute to ESL’s development and take it to new heights,” he added.
The innovation centers will benefit ESL by mostly gathering improvement ideas for housekeeping, lifestyle and aim towards zero harm, zero waste, zero spillage, waste to wealth, increasing volume and cost reduction.
This will also welcome opinions on new products, process development and out of the box ideas.
