Dear Team,
Happy to share with all of you the Innovation Teams Strategies and progress towards creation of Global state of the Art Innovation ecosystem in Pakka Ltd., on regenerative food packaging and services.
Strategy 1:
Focus to develop new growth businesses on regenerated packaging. The goal is to find fast-tracks towards a regenerative world by exploring new raw materials and solutions, and testing their viability at scale in our top-notch research and development facility.
Towards this vision, we are investing in world class innovation lab facility in Bangalore. The facility will have the expertise, tools, and competencies on material characterization, process simulation, product characterization, and sustainability analysis at lab scale.
Strategy 2:
Lead group-level research on materials, processes, and products with the aim of supporting and activating the development of Pakka Group’s current business vectors. Innovation team will endeavor to deliver on concept to commercialization projects with natural materials & Agri-based value chains.
On this aspect, glad to communicate that the team is expanding with integration of Ayodhya Research and Development together with Innovation team. This will enable faster and smoother translation of novel ideas to commercial implementations. On the projects, the team is co-creating and collaborating with the business to sharpen the ideas, experiment and create business case for commercialization, and plan to scale for implementation in flexi pack primary food packaging and rigid packaging for food services.
Strategy 3:
Establish Global collaborations in product and science platforms on flexible and rigid food packaging and services.
Working on this vision, the team visited Europe and Singapore to participate in summits, conferences, and research institute to learn, evaluate, and seek new collaborative partnerships in our quest to achieve our dream of regenerative packaging.
Strategy 4:
Create solid intellectual Property rights in the form of patents, design, and trademarks, supporting the journey from innovation to business.
Our Innovation team has filed provisionally 2 patents, one each on flexi and rigid products.. We have made unique design for our molded products. This journey on intellectual property protection and utilization will expand as we are working on new concepts and creation of new products.
Strategy 5:
Diversity and inclusion consisting of teams with varied backgrounds and experiences to bring new perspectives, creativeness, and innovative solutions.
We are committed to diversity and working with experts in our focus domains to enable us to be the foremost value creator for PAKKA Ltd.
Innovation is a journey filled with excitement, unending passion, tenacity to overcome challenges, and constantly persevering to achieve the unthinkable feats. Our strategies are designed to propel us to fly into the unknown, and thus, transforming a dream into reality on regenerative packaging.
