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India's Jubilant Ingrevia has become a member of the World Economic Forum's Global Lighthouse Network.

International | Dated: 18 Oct 2024

Jubilant Ingrevia Limited, based in Noida, Uttar Pradesh, has recently joined the Global Lighthouse Network (GLN) of the World Economic Forum (WEF). Here are the key points about this achievement:

🎯 Key Highlights:

  • - Jubilant Ingrevia is the only Indian company among the 22 innovative manufacturers welcomed into the GLN in 2024.
  • - This inclusion highlights Jubilant Ingrevia's commitment to innovation, particularly in using technologies like Artificial Intelligence (AI), Machine Learning (ML), and the Internet of Things (IoT) in its operations.
  • - The company has successfully implemented over 30 integrated use cases of Fourth Industrial Revolution (4IR) technologies at its facility in Bharuch, Gujarat.

💡 Other Important Facts:

  • (i) Jubilant Ingrevia aims to reduce its emissions by 20% over the next three years and is dedicated to implementing digital technologies across all its plants.
  • (ii) The company has achieved a 60% reduction in process variability, nearly doubling its production volume.
  • (iii) There are some major companies in this network like AstraZeneca and Coca-Cola.

📚 Test Your Knowledge:

Which Indian company has recently become a member of the World Economic Forum's Global Lighthouse Network?

Correct Answer: Jubilant Ingrevia

🚀 Quick Recap: