The economic, political and technological environment is rapidly changing world-wide, especially with fourth industrial revolution on the horizon, with amalgamation of physical, biological and digital worlds.This offers an opportunity to improve human well-being, by providing clean energy, food, water and improving efficiency and productivity of all human endeavours. Rapid and unplanned urbanization has caused solid waste management to become one of the most neglected areas of urban development. India generates 15,000 tonnes/ day of plastic waste. Reusing plastic waste as a resource is an important driver of sustainability and profitability, and Reliance is committed to becoming a leader in the emerging circular economy and to become one of the largest recyclers of plastics in India.The above emerging areas offer India a unique opportunity to leap frog the world, by helping build a more robust national eco-system for implementing innovations with societal impact. RIL’s R&D efforts in these emerging areas has led to commercialization of over 20 technologies in the past 8 years as well as developed several path breaking catalytic technologies for petrochemicals/ refining businesses. We will share some of these breakthrough developments during the presentation.
We stand on the brink of the fourth industrial revolution that will witness an amalgamation of physical, digital and biological worlds.Advances in artificial intelligence, robotics, IOT, nano- and bio-technology, synthetic biology, clean renewable energy, etc. will be transformative for human society. We have a unique opportunity to pole vault India by strong engagement of academia, national labs and industry in being at the cutting edge of these emerging areas and develop translational R&D capability for rapid commercialization to propel India to a five trillion economy.
Dr. Ajit Sapre received his PhD from the University of Delaware and MBA from Cornell University, USA, He has more than 35 years of experience in the petroleum refining and petrochemicals business and technology,development and management. His experience includes technical and managerial assignments in research, engineering, business, manufacturing units and corporate planning. Ajit has strong management and technical background in refining, petrochemicals processes, development, catalyst development, chemical reaction engineering, optimization technologies, computer integrated manufacturing and intellectual asset management. He has experience in upstream, downstream (refining, petrochemicals, polyester, lubes) and renewable energy sectors and published more than 100 technical papers, one book and has more than 40 U.S. patents to his credit. Dr. Sapre is currently working as Group President (R &T) at Reliance Industries Limited