10 Most Admired Companies in Manufacturing Industry

Pankaj Poddar, CEO
improving the product portfolio and is now working more
hard to improve its speciality films portfolio. Recently, the
company has set up a state-of-the-art R&D lab to
complement its efforts. Now, it has R&D labs with most
sophisticated equipments, one in India and the other one in
the US.
Digitization of Business Processes – Cosmo has been way
ahead in adopting technology to increase business
productivity. It has successfully completed SAP Database
Migration from Oracle to HANA. The company has
adopted cloud technologies like - SAP HANA Enterprise
Cloud for mission critical applications and advance data
processing, SAP Success Factors (HCM) for empowering
and improving employee experience, and Salesforce (CRM)
for enhancing customer experience.
Customer-Centricity – It starts from creating customer
classification clusters. For key customers, Cosmo has
account management teams comprising of cross functional
representatives. Focus on quality, sampling experience and
constant communication with the customer are some of the
other factors making Cosmo customer-centric.
Inclusive and Sustainable Growth – Growth at Cosmo has
always been inclusive and sustainable in nature. Being a
focused polypropylene player has helped the company not
’’
only in terms of its product expertise but also recyclability.
Acknowledging the industry trends and complexities, the
company has been working aggressively with brands to
provide them with structure rationalization solutions for
recyclability.
The strategies that the company follows to stay competent
and move in the right direction include:
- Focus on speciality films growth
- Constant review of cost on zero budgeting basis
- Diversification in related areas
- Consistently expanding R&D base and bringing product
innovation to the table
Future Prospects
Cosmo believes in
creating symbiotic
relationships with
its clients to enrich
mutual growth at
its best
’’
Cosmo Films Limited brings to the table excellent
governance, management skills along with technology,
quality products and historical industry knowledge
qualifying ability to service the future growth of the
industry. Implementation of AI for forecasting, robotics for
process automation and machine learning for maintenance
are already in process.
Cosmo intends to become a packaging solution provider
with variety of film substrates to offer. It has already
ventured into the production of CPP films and has
announced plans to install a speciality biaxially oriented
polyethylene terephthalate (BOPET) films. It keeps
upgrading the film capacity and in order to add value-added
capabilities, a new coating line is soon to be installed.
Additionally, Cosmo is on its way to expand speciality
sales.
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