Research & Development
In today’s competitive scenario,it is important to think of long term goals and not be myopic in approach. Hence, as an organization, we have a policy to invest in authentic research that constantly develops new products and application methods besides minimizing waste, shortening production processes and improving existing products.
Our R & D department is supported by a pilot plant which ensures smooth transition of our processes, from our research lab to commercial production. Approximately, 6-8% of our earnings are utilized exclusively for R & D each year.
The in-house Research & Development team at NIC focuses on three thrust areas –
- Â Improvement of current manufacturing process
- New product development
- New application for existing products