ABOUT THE CHALLENGE
Today, the industrial sector as a whole contributes to about 25% of the national Gross Domestic Product (GDP) and has been one of the major contributors to the economy in terms of employment generation. But what started as a means to ease humans’ lives has now become a major threat to their existence if not looked into carefully. The waste from the industries has the potential to contaminate the natural resources of the Earth for a very long time and can alter our environment in unimaginable ways.
Hindalco, an Aditya Birla Group company, in partnership with Manush Labs, is launching this program as an opportunity to ‘innovate to eliminate’ and aims to benefit humanity by catalyzing and empowering technological innovations in the domains of ‘clean-technology” and “circular economy”.
Satish Pai
Managing Director, Hindalco Industries Ltd.
Director, Board of Aditya Birla Management Corporation Pvt. Ltd.
Our strategy is to create value sustainably and operate responsibly by aligning our multi-dimensional approach with the elements of people, planet and prosperity. Our partnership with Manush Labs is a collaborative solution to reduce the environmental load and move closer to our ‘Net Zero carbon’ goal of 2050.
SCALE AND POTENTIAL IMPACT OF THE PROGRAM
We are inviting startups that are re-imagining sustainable industrial practices in these two focus areas:
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Material science: Sustainable packaging material
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Solid waste Utilization: Flue-gas desulphurization process waste utilization
Replace up to 5000 tons of plastic annually with innovations across technology, processes, or material
Reuse up to 700 thousand tons of FGD process waste into useful products annually.
PROGRAM DETAILS
WHAT THE LEADERS SAY ABOUT THE PROGRAM