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CG awarded with the National Intellectual Property Award, 2014

CG files and registers approx. 147 designs per year of which around 100 are commercialised

April 29, 2014. By Moulin

Avantha Group Company CG was awarded the National Intellectual Property (IP) Award, 2014, in the category of ‘Top Organisation in Designs’.  The award was presented on April 26th 2014, World IP Day, jointly organised by the Indian Intellectual Property Office and Confederation of Indian Industry (CII).

CG was chosen for this award among 27 other contenders filing design applications in India. The company was awarded for its overall Design Portfolio developed and commercialised over the past five years for products manufactured in India and other geographies. On an average, CG files and registers approximately 147 designs every year, of which approximately 100 are commercialised.

This award is presented to innovators of IP who play a role in harnessing India’s intellectual capital and create an ecosystem that gives a fillip to innovation and creativity. The winner was selected not only based on the number of Intellectual Property Rights registered or granted, but on the basis of the utilisation of the IP Rights (IPR) as a strategic tool in commerce and industry and their overall contribution to the society.

CG’s business growth strategy pivots on providing innovative and high-technology solutions for customers across industries. CG has invested nearly Rs 400 million in a world class infrastructure to enhance its R&D capabilities to achieve global excellence in the UHV domain. This Research Centre is not only unique in India; it’s part of the top five Research Centres in this sector, in the world. The Research Centre facilitates reliable and economic new product development for the global UHV/EHV (Extra High Voltage) markets, spanning 800kV EHV to 1200 kV UHV power transmission systems. It is envisaged to be CG’s manufacturing and development hub for Switchgear

Very recently CG’s nano-technology based liquid polymer coating for water heaters, won accolades at the 3rd National Award for Technology Innovation 2013. This environment-friendly technique improves energy efficiency by providing 5-7 times greater thermal insulation.  CG has pioneered new products in the consumer space such as the LED street lighting and new solutions for efficient video control of properties.

An experienced jury comprising professionals from IP, Industry Associations, Academia, R&D professionals and Government of India representatives selects the winner of the award.  Some of the parameters for selection are number of IPRs granted/registered, growth in the IPR portfolio over the last five years, leveraging of IPRs for achieving commercial goals and efforts for inculcating IPR, among others.

Speaking on this development, Avantha Group Company CG’s CEO & Managing Director, Laurent Demortier, said: “We are extremely honoured to win this award for the second time, it validates CG’s strategic focus on high-technology and innovation to bring electrical solutions that best meet customers’ needs especially in terms of efficient energy and reliability. This culture of innovation and quality fits perfectly into CG’s constant endeavour for optimizing processes for enhanced business performance across a variety of industries.”

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