Zydex Industries wins Marico Innovation Award 2014

Zydex Industries, a high-tech research driven organization which has many 'first to develop' solutions to its credit. Zydex nanotechnology, considered world-wide as the best & cost-effective solution to ensure potholes free roads, was recognized as 'India's best Innovation' by Marico Innovation Foundation (MIF).

Introduced in 2006, MIF Innovation awards is one of the largest platforms in India for recognizing path breaking innovations within the Indian business and social sector.

A distinguished Jury chaired by Dr. R A Mashelkar scrutinized a total of 258 entries in the Business Category in two rounds and arrived at 'India's Best Innovations' on the basis of uniqueness, impact and sustainability. Earlier a rigorous evaluation process was followed by MIF's knowledge partner Bain & Company to identify final round entries.

Among other aspects, what the jury really appreciated was the fact that these products received patents in multiple countries internationally.

On receiving this award at a glittering ceremony held in Mumbai recently, Dr. Ajay Ranka, Chief Executive Officer, Zydex Industries, said, "When awards and recognitions come from our home turf, it's a matter of great honor and pride for Zydex family. We are extremely thrilled on winning this prestigious award". Speaking about the benefits of this technology, he further said, "Our Nanotechnology is all about waterproofing soil bases, chemical bonding of bitumen to aggregates, sand, clay etc. and eliminating moisture related damages. It will bind the gravel and asphalt together about 20 times more than untreated roads enhancing load bearing strength and durability. Zydex Nanotechnology will surely revolutionize the very way in which roads are designed and built today."

Zydex has pioneered a long lasting and cost effective solution for potholes free roads.

Accredited by the Indian Road Congress, Zydex nanotechnology will not only maximize quality of Indian roads but usher in surplus funds for the government with reduced expenditure on road construction and maintenance.

Source : Equity Bulls

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