Elkay was presented the Golden Maharashtra MSME award for innovation by minister of industries for Maharashtra – Subhash Desai.
Golden Maharashtra MSME Awards recognize and reward Maharashtra’s entrepreneurs and micro, small, and medium enterprises (MSMEs). The award celebrates the strong culture of manufacturing, innovation and its achievers. With the Prime Minister’s clarion call of MAKE IN INDIA, it strives to put MSMEs in the forefront of manufacturing.
The mission of this award is to recognize MSMEs that exhibit impeccable leadership, robust financial strength, employment generation, transparency and creating wealth for its stakeholders.
At Elkay – Innovation is everyone’s business
In an ever dynamic market, innovation becomes the crux of a successful industry. At Elkay we have always believed in the power of discovery & innovation.
Since the conception of Elkay at Bhosari, Pune, Research & Development has been the strength of our company. We have leveraged the Indian technical talent and imbued in them our culture of looking for something new & better. Elkay has gone to the global market with 75 silicone products in the past 20 years. A large number of these products have been one of a kind in the Indian market resulting in them becoming import substitutes. With 7 patents, 5 technical publications and a long list of trade secrets, we have a position of being the sole manufacturer in India for 27% of our portfolio- Thereby creating a huge business footprint in the global silicone industry.
To evolve into an innovation centric organization, Elkay has created a cross functional team called ‘New Business Development’. This team has talented and passionate individuals with a thirst for the new and a drive for success. Witha perfect blend of R&D, engineering and marketing these individuals have the know-how to understand the market needs, the technical capabilities to develop products to meet them and a strategy to commercialize them in as short a duration as possible. Weekly meetings with the MD keep the pace going. This has seen a tremendous success.
Elkay values its employees and imbibes in them an ethos of ‘search for knowledge’. Management encourages open technical communications across all levels and has developed a culture of “Respect to each individual, enhancing our products and tolerance to failure”. As every employee works towards making innovation happen – at Elkay, Innovation becomes everyone’s business.
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