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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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