The new R&D center will further help Crompton accelerate its efforts to bring new customer centric innovation by intelligent application of the latest smart, and efficient technologies. Since its inception in 2015, product innovation has always been the key focus area for the company.
While prominent products like ‘Anti-Dust’ Fans, ‘Air 360’ Fans as well as ‘Anti -Bac’ LED Bulbs, among others have been launched in the past few years, almost 15% of the annual sales comes from products launched in the last 12 months. The company now plans to double its investment in R&D over the next 3 years across its flagship product lines in Fans, Appliances, Pumps and Lighting.
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Esta historia es de la edición January 2022 de Commercial Design.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 8500 revistas y periódicos.
Ya eres suscriptor? Conectar
HOW IS AI-DRIVEN SUSTAINABLE DESIGN CREATING ENERGY EFFICIENT BUILDINGS?
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SUSTAINABLE SPLENDOUR
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A FUSION OF LEGACY AND INNOVATION
Embracing change while honoring tradition, LTDF's design transforms educational spaces at Jaipuria Institute of Management, Lucknow, into a harmonious blend of legacy and innovation.
HARMONIZING NATURE AND TECHNOLOGY
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SOUND MIND
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EVOLUTION OF CAFM
Job V Tholath, CTO and Director of Lattice Software Solutions, details how 1-1100 their CAFM software is making FM more efficient, responsive, and effective
ILLUMINATING DESIGN
How lighting design impact consumer behaviour in retail spaces
MASTERING THE ART OF FLIPPING
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BIMAGINATION: BUILDING THE FUTURE OF ARCHITECTURED
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BUILDING AN ADAPTIVE APPROACH
Harish Fabiani, Group Chairman, IndiaLand, discusses the company's strategic focus on IT parks, SEZs, and commercial real estate, and how they are navigating and leading in these dynamic sectors