Page 17 - Tata_Chemicals_yearly-reports-2017-18

Horizons

Horizon 3 Horizon 2 Horizon 1
This perspective looks more than ve years This considers a two to three year The horizon is the coming year and is
ahead. It focuses on long-term vision, the timeframe. It addresses revenue forecasts, tactical in nature. Through the annual
role of innovation, and portfolio decisions. growth dimensions, sustainability, and business plan and strategy deployment
It is undertaken at the enterprise level. initial capital allocation planning. Tools matrix the ve-year plan is translated Integrated Report
such as the balance score card and the into speci c actionable annual plans. This
long-term strategy plan are used. includes identi cation, prioritisation and
allocation of resources.
Our strategy

The Company continues to transform The consumer products business will
from a commodity and an inorganic further improve the reach of Tata Salt and
chemicals manufacturer to a provider build scale for Tata Salt Lite, pulses, besan
of wellness solutions, with a focus and spices. It will focus on value added
Enterprise on consumer, agri and specialty products.
strategic objective businesses. The transformation journey
is driven by building brands with greater The nutritional solutions business has
customer centricity and technology- signed a MoU with the Government of
led di erentiation. Our R&D centres in Andhra Pradesh. The business has invested Statutory Reports
Pune and Bengaluru are the heart of a ` 270 crore for setting of a green eld
knowledge driven businesses and we are biotechnology manufacturing unit with
putting digital technology at the centre of an installed capacity of 5,000 metric ton
our operations. (MT) of FOS for food ingredients and
formulations in Nellore, Andhra Pradesh.
Exiting the fertiliser sector has simpli ed
the portfolio of the Company and there The advanced materials business will
are now strong synergies between concentrate on manufacturing of Highly
all businesses. These are driven by Dispersible Silica (HDS). The silica business
the underlying applications of food, has committed to invest ` 295 crore and
nutrition, and plant chemistries. The has recently acquired the precipitated
focus now is to scale the specialty and silica business of Allied Silica Limited in
food businesses while retaining scale in Cuddalore, Tamil Nadu for upto ` 123 crore
industrial chemicals. The strength of the for manufacturing of HDS and other silica Financial Statements
balance sheet now enables the Company based products.
to achieve scale in both the specialty and
consumer portfolios.

The inorganic chemicals business will
focus on maintaining its leadership
position by driving cost e ciencies and
customer engagement. It has a special
focus on leveraging technology and scale
through operational excellence.

Strategy and KPIs 15