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Integrated Report   Statutory Reports   Financial Statements
                                                                                      Integrated Annual Report 2020-21              Strategy to Unlock Potential   60-146   147-300
                                                                                                                                    and Deliver Value Sustainably

           strategy to Unlock Potential and Deliver                                                                                    objective 1       Excel
                                                                                                                                       strategic
           Value sustainably                                                                                                                             Maintain leadership and cost competitiveness in Basic Chemistry Products

                                                                                                                                   enabler            Priorities for     Risks associated
           We have a robust strategic framework that enables business transformation along the vectors of                             Expand capacities  FY 2021-22        Slow demand recovery
           sustainability and good health. They help us respond effectively to the changes in operating environment                   Excellence in cost     Maximise      Rising input cost
           and needs and expectations of our stakeholders to ensure sustained value creation for all.                                management         production and    (Energy & Material)
                                                                                                                                     and operational    sales
                                                                                                                                     efficiency          Efficient cash flow   KPIs tracked
                                                                                                                                   Progress             management       Sales:
                                                                                                                                   in FY 2020-21         Expand value-     Soda Ash: 3,023 KT
                                                                                                                                                        added portfolio
                                                                                                                                      Capacity expansion                   Sodium Bicarbonate:
                                                                                                                                     of Soda Ash, Sodium   (Sodium        221 KT
                                                                                                                                     Bicarbonate and Salt   Bicarbonate     Salt : 1,581 KT
                                                                                                                                     on track           grades for Animal
                                                                                                                                                        Nutrition, Pharma
                                                                                                                                      Ongoing cost      and Industrial
                                                                                                                                     improvement        applications)
                                                                                                                                     programmes
                                                                                                                                                                                             Refer page 03 for more enablers on Basic Chemistry Products
           our strategic framework
                                                                                                                                       objective 2       Specialty Products based on science-led differentiation
           strategic Choice                                 Key elements                                                               strategic         Explore & Expand
                                                                     Basic Chemistry Products
                                                                                                                                               enabler        Progress in          Priorities for    Risks          KPIs
                                                                     Leadership & Competitiveness
                                                                                                                                                              FY 2020-21            FY 2021-22        associated    tracked
                     Excel                                           specialty Products                                             Performance    Differentiated     Increased capacity     Expanding     Long gestation     3 Customer
                                                                                                                                                                                                                      approvals in
                                                                                                                                                                                     customer base for
                                                                                                                                                 portfolio of
                                                                                                                                                                                                       period of HDS
                                                                                                                                                               utilisation at Cuddalore
                     On core competencies                                                                                           Materials    Specialty     plant                 HDS               among tyre     progress
                                                                     Performance Materials
                                                                                                                                                 Silica based     Successful trials of HDS     Maximise capacity   manufacturers    Capacity utilisation:
                                                                        Expand adjacencies                                                       on patented   (Highly Dispersible Silica);   utilisation of the     Slow automobile   49%
                     Explore & Expand                                nutrition sciences                                                          technology    commercialisation to   Cuddalore plant  demand recovery   (Cuddalore plant)
                                                                                                                                                               follow
                     Adjacencies, new business, business                Establish – New Products                                    nutrition     India’s only FOS     Nellore plant operational     Enhance global     Long product     Capacity utilisation:
                     models, customer segments                          Technology – Fermentation                                   sciences     manufacturer   and running          product registration   gestation period,   43%
                                                                                                                                                  Expertise in     Obtained USFDA    / acceptance for   especially in     No. of product/
                                                                     Agri sciences                                                               fermentation   registration for exports   FOS         pharma         plant acceptance
                                                                        NPD pipeline – Active Ingredients &                                      technology                           Increase Nellore                registrations:
                                                                       Formulations                                                                                                  plant capacity                   3 countries
                                                                                                                                                                                     utilisation                      (Approved)
                                                                        Market Access
                                                                                                                                                                                                                      2 (Approval in
                                                                                                                                                                                                                      process)
                                                                                                                                    Agri          Diversified     Launched new Crop Care     Drive capacity     Regulatory     No. of new
                                                                                                                                    sciences     portfolio and   formulations        utilisation of newly   changes /   formulations
                                                                                                                                                 brand loyalty     Capacity expansion   commissioned   restrictions   launched:
                                                                     Functional level focus                                                       Wide         projects on track     plants at Ankleshwar   on Active   10 (Crop Care)
                     Enable                                                                                                                      distribution                        and Dahej         Ingredients (AIs)    4 (Seeds)
                     Structure, systems,                             •  Innovation                                                               network in India                     Launch new       High monsoon     Average capacity
                     processes, people                               •  Technology                                                                R&D capabilities                   formulations      dependency     utilisation:
                                                                     • sustainability                                                                                                 Enhance domestic                83%
                                                                                                                                                                                     distribution

                                                                                                                                       Refer page 03 for more enablers on Performance Materials, Nutrition Sciences and Agri Sciences

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