<p><span data-contrast="auto">Golden Peacock Awards, instituted by the Institute of Directors (IOD), India in 1991, are regarded as a benchmark of Corporate Excellence worldwide. No other&nbsp;business&nbsp;award today receives the kind of recognition and adulation among peers, that&nbsp;the&nbsp;Golden Peacock does.</span><span data-ccp-props="{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:160,&quot;335559740&quot;:259}">&nbsp;</span></p>
<p><span data-contrast="auto">The&nbsp;GPIPSA (Golden Peacock Innovative Product/Service&nbsp;Award)&nbsp;is designed to encourage systemic innovation in organization to make products and services&nbsp;for&nbsp;the new century. This award would not only spark creativity and innovation throughout&nbsp;the&nbsp;enterprise, but also is the surest route to market leadership by helping you thrive from the change and uncertainty that have become the hallmark of the new age.&nbsp;Raychem RPG&nbsp;won GPIPSA&nbsp;-2020&nbsp;for&nbsp;breakthrough&nbsp;solutions provided&nbsp;in Overhead&nbsp;Equipment of Railways&nbsp;for&nbsp;Modular&nbsp;Cantilever&nbsp;System.&nbsp;</span><span data-ccp-props="{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:160,&quot;335559740&quot;:259}">&nbsp;</span></p>
<p><span data-contrast="auto">Raychem RPG, a pioneer in&nbsp;</span><strong><span data-contrast="auto">innovative energy solutions</span></strong><span data-contrast="auto">&nbsp;for various sectors, has a dedicated team working on products&nbsp;design&nbsp;that can meet challenging requirements of&nbsp;utilities and&nbsp;evolving railway network&nbsp;under&nbsp;</span><strong><span data-contrast="auto">Make in India</span></strong><span data-contrast="auto">&nbsp;initiative.&nbsp;This combined solution has addressed not only at component level of insulator failures solutions but&nbsp;also at&nbsp;system level, we have designed a complete modular cantilever system solution for dynamic overhead lines, providing various new alternative to meet the Indian railway&rsquo;s next generation operating speed demands of 250 km/h.&nbsp;&nbsp;We have captured good number of patents in MCS design technology, Insulator failures solutions and introduced spiral insulator technology to the world through government&nbsp;funded (Ministry of Power) project.&nbsp;</span><span data-ccp-props="{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:160,&quot;335559740&quot;:259}">&nbsp;</span></p>
<p><span data-contrast="auto">The journey to continuous innovation is not just driven internally,&nbsp;even&nbsp;our&nbsp;other&nbsp;stakeholders&nbsp;have collectively demonstrated that together we can achieve excellence, not only once, but on a sustainable basis, year-on-year.&nbsp;Raychem RPG&nbsp;has&nbsp;dedicated this&nbsp;award to the team that drives&nbsp;innovation at each level and every employee,&nbsp;directly or indirectly involved in the innovation&nbsp;journey.</span><span data-ccp-props="{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:160,&quot;335559740&quot;:259}">&nbsp;</span></p>
<p><strong><span data-contrast="auto">Brief on our&nbsp;Innovation&nbsp;Journey</span></strong><span data-ccp-props="{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:160,&quot;335559740&quot;:259}">&nbsp;</span></p>
<p><span data-contrast="auto">We started&nbsp;this journey in&nbsp;2014 and consistently inculcated innovation in&nbsp;each and every&nbsp;process. As they say,&nbsp;</span><strong><em><span data-contrast="auto">Innovation</span></em></strong><span data-contrast="auto">&nbsp;no longer remains a choice but has become an imperative in&nbsp;the&nbsp;excellence journey.&nbsp;RPG&nbsp;Group&nbsp;drives Innovation Programs&nbsp;for all the group companies. Under this umbrella, a multi-pronged approach is used from identifying the correct challenge, to generating ideas, finding&nbsp;solutions,&nbsp;and finally commercializing the innovation.&nbsp;</span><span data-ccp-props="{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:160,&quot;335559740&quot;:259}">&nbsp;</span></p>
<p><span data-contrast="auto">We are on path to pursue our innovation journey to achieve continued growth and improved profitability,&nbsp;so as to&nbsp;lay a solid foundation to meet our vision of&nbsp;</span><strong><em><span data-contrast="auto">&ldquo;continuous innovation&rdquo;.&nbsp;</span></em></strong><span data-contrast="auto">We will achieve this</span><strong><em><span data-contrast="auto">&nbsp;</span></em></strong><span data-contrast="auto">with our&nbsp;multi-pronged business and functional strategies, while developing capabilities,&nbsp;systems,&nbsp;and processes, both within our teams and with our partners.&nbsp;</span><span data-ccp-props="{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:160,&quot;335559740&quot;:259}">&nbsp;</span></p>