Named as a winner in the Corporation segment, the award marks another impressive milestone for Welspun Group
Welspun India Ltd., a global leaders of home textiles, added another feather to its illustrious cap by being named amongst the most’ Influential Innovators’ at the Clarivate South and South East Asia Innovation Award 2020. Welspun won the award in the Corporation segment and was the only player from the textile industry.
Ms. Dipali Goenka, Jt. MD & CEO, Welspun India Ltd., said: “Innovation is an integral part of the Welspun’s DNA and the foundation on which our customer-centric solutions are built. Our innovation-driven approach has helped us to challenge the status quo, set new industry benchmarks, and build an industry-leading portfolio of 30 innovations over the years. We are proud to be recognized amongst the most’ Influential Innovator’ by an illustrious industry forum such as South and South East Asia Innovation Forum by Clarivate. The award is a testament to our efforts and motivates us to keep developing more relevant and innovative solutions for our customers.”
Welspun has always focused on consumers’ needs and catered to them with innovations like Nanocore technology, which prevents dust mites and other allergens from entering home linens. Additionally, the company introduced an industry-defining, multi-level traceability process Wel-Trak™ that tracks finished products back to the raw material as well as HygroCotton technology which traps the air in its core thereby making terry towels bloom after every wash and regulates a bedsheet’s temperature naturally.
Every year, Clarivate, a global leader in providing trusted information and insights to accelerate the pace of innovation hosts the Innovation Forum, which also brings together leaders from academic, government and industry sectors across the region to share best practices and transformational initiatives that accelerate the pace of innovation.
The awards were based on an analysis of patent volume, citation volume, patent success, and globalization level using patent data from Derwent World Patents Index™ (DWPI) and Derwent Patent Citations Index™ (DPCI). Analysis was strictly conducted using proprietary Clarivate Analytics data and tools, with the evaluation strictly driven by metrics for both patent volume (patents published) and patent quality (grant success rate, the extent of globalization, and citations). The awards were given in three broad categories – Government Research Organisations, Academic Institutions, and Corporations – for each country in the region.